Microdea

The Deal

Bought By

Steve Divitkos

Year

2014

Vehicle

RedLeaf Management Partners, backed by Search Fund Partners, Endurance Search Partners and WSC & Company

Kind

Software

A Canadian software company whose document management and back-office automation products are sold to transportation companies.

What Happened Next

Sold to Transflo, whose release of October 5, 2020 says it acquired the company to expand into Canada. The index host says the company was acquired in 2014 and exited in 2020; a second backer names him as former chief executive beside the fund.

The searchers held it 6 years, from 2014 to 2020.

Bought at exit by Transflo, whose page carries that firm's own announcement of it.

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
• Endurance Search Partners' own account, The backer's partners page, which names the searcher beside the company and the fund. endurancesearchpartners.com
• Endurance Search Partners' own account, The backer's investments list, which carries the company as past and prints no year. endurancesearchpartners.com
• WSC & Company's own account wscandcompany.com
• The searchers' own account mineolasearchpartners.com
• The acquirer's announcement transflo.com