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Luggage Forward

The Deal

Bought By
Audrey Kohout and Jessica Palfrey
Year
2022
Vehicle
Backed by Peterson Partners, Hunter Search Capital, Search Fund Partners, Applied Equity, Aspect Investors, The Cambria Group, Red Forest Capital, NCL Partners and M2O
Kind
Physical operations

A luggage logistics business that ships bags door to door for travelers under two brands, Luggage Forward and LugLess, often through channel partnerships with resorts and cruise lines.

What Happened Next

Trading under its own name, with five backers carrying it. The index host names both co-chief executives beside a late-2022 investment, a second names one of them beside its 2022 investment, a third lists the company among its search funds, and two more list it.

The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.

Backed by the Same Firms

Hunter Search Capital

Search Fund Partners

Applied Equity

Peterson Partners

Aspect Investors

The Cambria Group

Red Forest Capital

NCL Partners

M2O

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.

These sources name who runs the business and when the firm invested, rather than saying in a sentence that the searchers bought it. The index host names both women as chief executives beside a late-2022 investment; one backer's entrepreneur page names one of them as co-chief executive beside its 2022 investment; a third lists the company under its search funds and a fourth lists it alone. Nothing says either bought it.