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The Change Companies

The Deal

Bought By
Nico Gimenez and Ryan Lechner
Year
Not published by any primary source
Three backers carry it: one names both co-chief executives and dates its investment to October 2021, one names them with no date, and one lists the company with a link. The company's own site rendered nothing to a browser, so nothing dates the purchase.
Vehicle
Backed by Search Fund Partners, Footbridge Partners and Aspect Investors
Kind
Services

A publisher of evidence-based behavioral health programs and curricula, licensed mainly to state and federal prisons and to treatment providers for alcohol and drug treatment.

What Happened Next

Trading under its own name, with three backers carrying it: one names both co-chief executives and dates its own investment, one names them with no date, and one lists 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

Search Fund Partners

Footbridge 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. The index host names both men as co-chief executives and dates its investment to October 2021; a second backer names each as co-chief executive with no date; a third lists the company with a link. The company's own site rendered nothing to a browser. Nothing says either man bought it.