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Orion Cordage

The Deal

Bought By
Martin Thiel and Rishi Sahel
Year
2020
Vehicle
Backed by Search Fund Partners, Aspect Investors and Maven Equity Partners
Kind
Physical operations

A manufacturer and distributor of industrial rope, formerly Canada Cordage and Orion Ropeworks, selling into industrial and marine customers.

What Happened Next

Operating under its two searchers. The index host states in a sentence that they acquired the company in May 2020 and carries it as active; a second backer lists it under its new name and describes the product.

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

Backed by the Same Firms

Search Fund Partners

Aspect Investors

Maven Equity Partners

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.