Orion Cordage

The Deal

Bought By

Martin Thiel and Rishi Sahel

Year

2020

Vehicle

Backed by Search Fund Partners, Aspect Investors, Maven Equity Partners, The Cambria Group and Blue Frame Capital 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

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
• Aspect Investors' own account aspectinvestors.com
• Maven Equity Partners' own account, The backer's portfolio grid, which lists the company with a link and a category and marks nothing else. mavenequitypartners.com
• Maven Equity Partners' own account, The backer's strategic network on its team page, which pairs the person with the company as its chief executive. mavenequitypartners.com
• The Cambria Group's own account cambriagroup.com
• Blue Frame Capital Partners' own account blueframecapital.com