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Many engines substitute "trivial" style commands for spaces. When finished parsing the pages, they strip the extra spaces out.
You may already have something like this indexed? Can you search on the keyword/phrase and get a result?
I didn't think I did have examples of this online, as this one is in a password protected development area... but yes, in checking other sites belonging to the same client, I found one other example. I picked a long enough string to include the split and exclude all other examples on the page.
Searching the exact string in Google, I get a match without the space (with the cache being useful here to highlight the right text), and no match on the same exact string with a space added.
PositionTech/Inktomi gives the same results as Google. Teoma doesn't return anything for the exact string, but returns the page when I add the space (the only engine that sees it this way). But Teoma may be "correcting" my search, seeing part in the title and a partial match in the long string... it's hard to say.
All-The-Web and AltaVista find no matches either way.