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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

Relay Investments

Aspect Investors

Endurance Search Partners

Anacapa Partners

Hunter Search Capital

Search Fund Partners

The Cambria Group

Red Forest Capital

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 rather than inferred.

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.