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Quality Coding Software Solutions

The Deal

Bought By
Matthew King
Year
Not published by any primary source
One backer prints 2018 as its partner-since year and 2019 on its investments list; the index host prints its own winter 2019 investment; the third backer's card carries no year; all are the backers' dates.
Vehicle
Ardlock, backed by Endurance Search Partners, Search Fund Partners and Aspect Investors
Kind
Software

A software company whose community assessment and cost management products are sold to managed care plans.

What Happened Next

Trading under its own name, with one backer naming him chief executive beside the fund on its partners page and listing the company against 2019, the index host carrying its own 2019 investment and a board seat, and a third listing 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

Endurance Search Partners

Search Fund Partners

Aspect Investors

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. One backer names him as chief executive beside the fund on its partners page and lists the company against 2019; the index host carries its own 2019 investment and a board seat and names no chief executive; a third lists the company. Nothing says he bought it.