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The Deal

Bought By

Carla Larin

Year

2021

Vehicle

Northern Pine Partners, LLC, backed by Search Fund Partners, Pacific Lake Partners, Endurance Search Partners, Anacapa Partners and Hunter Trust

Kind

Services

Insurance discovery and eligibility checking for health systems and revenue-cycle companies, finding coverage for patients who arrived recorded as self-pay.

What Happened Next

Operating under its searcher-CEO, with both backers carrying it as active.

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

Backed by the Same Firms

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.

• Search Fund Partners' own account searchfunds.net
• Pacific Lake Partners' own account pacificlake.com
• Endurance Search Partners' own account, The backer's investments list, which carries the company and its own year. endurancesearchpartners.com
• Endurance Search Partners' own account, The backer's partners page, which names the searcher beside the company and the fund. endurancesearchpartners.com
• Anacapa Partners' own account anacapapartners.com
• Hunter Search Capital's own account huntersearchcapital.com

These sources name who runs the business and when the firm invested, rather than saying in a sentence that the searchers bought it. One backer names Carla Larin as chief executive beside an investment made in the winter of 2021; the other's table carries the same name against 2021. Neither states a purchase, and no Form D is filed under the surname.