Pacific Lake Partners is 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 whose intent is to acquire a small, established company with revenues of $10 million to $30 million and a history of profits and growth.
Coley Andrews is a founding partner of Pacific Lake Partners. 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.
Jim Southern is a founding director of Pacific Lake Partners. His portfolio includes more than 50 search funds. 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.