SeQent

The Deal

Bought By

Michael Levine and Sheret Ross

Year

2024

Vehicle

Backed by Pacific Lake Partners, Endurance Search Partners, Highland Creek Partners and Maven Equity Partners

Kind

Software

A software company whose alarm notification and communication products run inside manufacturing and industrial plants.

What Happened Next

Trading under its own name, with the index host naming both as chief executives beside its 2024 investment and a second backer listing the company against 2024. The same two ran Cardata through a recapitalization, which this record holds separately, and the second backer names them there as its former chief executives.

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.

• Pacific Lake Partners' own account pacificlake.com
• Endurance Search Partners' own account endurancesearchpartners.com
• Highland Creek Partners' own account hlcpartners.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
• A third party's record of the deal unicornlabs.ca

These sources name who runs the business and when the firm invested, rather than saying in a sentence that the searchers bought it. The index host names both as chief executives beside its 2024 investment; a second backer lists the company against 2024 and names nobody beside it. Nothing says either bought it.