ManagementPacific Lake Partners
Pacific Lake Partners is a private equity firm focused on investing in companies sourced and managed by search fund entrepreneurs. Its mission is to be the financial capital provider of choice to search fund entrepreneurs.
Mr. Southern is a founding director of Pacific Lake Partners, a private equity fund investing in small-cap buyouts using the search fund model. Pacific Lake backs promising entrepreneurs searching for established, profitable service companies in high growth industries.
In addition, Mr. Southern manages a portfolio of private equity investments in small to medium sized companies. His portfolio includes more than 50 search funds. Search fund investing consists of providing search and acquisition capital to promising entrepreneurs whose intent is to acquire a small, established company with revenues of $10 million to $30 million.
Previously, Mr. Southern was himself a beneficiary of search fund investors early in his career. His first search resulted in the acquisition of Uniform Printing, a $43 million printer of specialty insurance documents, where he served as its CEO and chairman for 10 years. Investor returns from distributions and exit exceeded 30x the acquisition capital.
Mr. Southern holds an MBA from Harvard Business School and resides in Wolfeboro, NH and Boston, MA.
Mr. Andrews is a founding partner of Pacific Lake Partners, a $35 million private equity fund focused on small cap buyouts exclusively through the search fund model. Search fund investing consists of providing search and acquisition capital to promising entrepreneurs who are recent graduates of top MBA programs. The entrepreneurs’ intent is to acquire a small, established company with revenues of $10 million to $30 million and a history of profits and growth.
Since co-founding Pacific Lake, Mr. Andrews has invested in over 25 search funds. He is currently a director of Out of Home America and a board visitor at Vector Disease Control, Alphacredit, Yoforia, Yates & Associates, Arizona College and Raptor Technologies.
Mr. Andrews holds an MBA from Stanford’s Graduate School of Business and a BA from Dartmouth College. He and his wife Alisa along with their two boys live outside of Washington, DC.