RecruitMilitary

The Deal

Bought By

Peter Gudmundsson

Year

2013

Vehicle

Longship Partners, backed by Endurance Search Partners and Search Fund Partners

Kind

Services

A recruiting platform and events business connecting employers with military veterans, run from Cincinnati.

What Happened Next

Sold at a 35% internal rate of return on the buyer's own account, a biography on a search investor's team page saying he acquired it with an ETA investor group in 2013 and stayed on to lead the transition. A backer names him exited chief executive beside the fund, and the index host carries its own 2013 investment and 2015 exit.

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.

• The searchers' own account aspectinvestors.com
• Endurance Search Partners' own account, The backer's partners page, which names the searcher beside the company and the fund. endurancesearchpartners.com
• Endurance Search Partners' own account, The backer's investments list, which carries the company and its own year. endurancesearchpartners.com
• Search Fund Partners' own account searchfunds.net