Lorman
The Deal
- Bought By
- Michael Tadros
- Year
- Not published by any primary source
- One backer's partners page files him under a partner-since field, which is the backer's own label and not a sentence about the purchase, and the second backer's card carries the company's founding year and no date of the purchase. Nothing read states when it closed.
- Vehicle
- Trailview Partners, backed by Endurance Search Partners and Applied Equity
- Kind
- Services
An Eau Claire provider of continuing-education seminars and training, founded in 1987, bought by a searcher one backer's partners page names beside his vehicle and titles its exited chief executive.
What Happened Next
Exited by its searcher: one backer's partners page titles him exited chief executive of the company beside his fund and stages the company as exited, and a second backer files the company under its search fund category with a description and names nobody. No page read names a buyer or a date, so no exit is recorded.
The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.
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Method & Source
This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts rather than inferred.
- Endurance Search Partners' own account endurancesearchpartners.com
- Applied Equity's own account applied-equity.com