MST Services
The Deal
- Bought By
- Josh Glade and Logan Greenspan
- Year
- 2016
- Vehicle
- Cornerstone Continuity Partners, backed by Anacapa Partners, Hunter Trust, Search Fund Partners, The Cambria Group, Red Forest Capital and M2O
- Kind
- Healthcare
A provider of Multisystemic Therapy, a scientifically validated intervention for at-risk youth delivered by clinicians working with families.
What Happened Next
Grew across dozens of states and countries under its searchers, who built a parent group around it. Sold in March 2021 by a third backer's sentence, with two more dating their own exits to the same year, while the pair stayed on; Glade is a co-founder and board member of that group today.
They sold a majority 5 years in, in 2021, and stayed with the company.
The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.
Backed by the Same Firms
- Park Dietz & Associates · Jineet Gandhi · 2026
- Vialterna · Federico Mariscal and Enrique Valdés · 2026
- IMASP · José María Jover and Ignacio Jarava · 2026
- Zeker & Mobiel · Berend Westerveld and Alex Gready · 2025
- The rest of what Relay Investments has backed
Aspect Investors
- Strategic Kids · Graham Brockington and Andy Morrow · 2025
- Thillens · Resit Melik · 2025
- Wu Consulting · Steven Tan · 2025
- FleetFlo · Dan Calano · 2025
- The rest of the record
- FluidSecure · Arnab Chatterjee, Ian Field and Jordan Freeman · 2025
- Upper Hand · Brad Wills and Brad Greene · 2025
- Premier World Discovery · Rafa Caldas and Zach Krumholz · 2025
- Premier Tree Specialists · Matt Ostrowski · 2024
- The rest of what Endurance Search Partners has backed
- Nexti · Marcelo Gomes and Rogerio Santos · 2022
- i4pro · Rafael Araujo · 2019
- Record Reproduction Services · Zack Perry · 2018
- Richmond Alarm Company · Brian Vanderheyden · 2017
- The rest of what Anacapa Partners has backed
Hunter Search Capital
- Real Power · Teddy Henderson · 2025
- Biometrics4ALL · Brigid Mulcahy · 2024
- Forio · Drew Marx · 2024
- FileOnQ · Christophe Michotte · 2023
- The rest of the record
- RouteGenie · Cameron Craig · 2025
- CyberData Pros · Keith Burns · 2025
- Desert Services · Tim Haitaian · 2024
- Cascade CPA · Caleb Williams and Fiona Yu · 2024
- The rest of what Search Fund Partners has backed
The Cambria Group
- O&W Heat Treat · Ali Platon and Chris Goyen · 2025
- Three Rivers Therapy · Ryan Moore · 2025
- Vector Disease Control International · Jay Davis and Jason Pananos · 2011
- Dynamic Growth Dental Support · Ryan Jones
- The rest of the record
Red Forest Capital
- Glendale Parade Store · Jose Barreto · 2023
- Atlantic Duct Cleaning · Dan Schweber · 2022
- Ascend Software · Robert Southern · 2018
- Veri-Tax · Nick Lim
- The rest of the record
M2O
- HerScan · CiCi McMullen · 2025
- Aproove · Curt Black · 2025
- Stage2Data · Leo Yao and Matt Fiedelholtz · 2025
- Reliable Premium Management · Henrique de Freitas · 2024
- The rest of the record
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.
- Relay Investments' own account relayinvestments.com
- The company's own account empowercommunitycare.com
- Aspect Investors' own account aspectinvestors.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
- Search Fund Partners' own account searchfunds.net
- The Cambria Group's own account cambriagroup.com
- Red Forest Capital's own account redforestcapital.com
- M2O's own account m2oinc.com
These sources name who runs the business and when the firm invested, rather than saying in a sentence that the searchers bought it. The pairing rests on the row's other sources: a person named beside the company elsewhere. The index host's card, lists the company against its own 2016 investment and its own 2021 exit and names nobody.