Our Investments

We search for companies that will benefit most from our experience and knowledge. We are typically interested in later-stage, middle market companies whose owners wish to fully or partially liquefy their positions, but we also provide growth capital and pursue divestments of non-core subsidiaries. Included are companies that will significantly benefit from strategic refocusing or operating improvements. Following are representative investment transactions.

 

APEX MICROTECHNOLOGY, a privately held, Tucson-based manufacturer of power integrated circuits, was acquired by Alerion and subsequently sold to Cirrus Logic. Apex designs and manufactures high performance monolithic and hybrid analog power integrated circuits that provide off-the-shelf solutions across a wide range of commercial, industrial and military applications. Typical end products include aircraft, automatic test equipment, guidance systems, surface analyzers, missile systems, scanning tunneling microscopes and robotics. Apex has established a stellar reputation for consistently developing products that lead the industry in terms of quality, reliability and performance.
www.cirruslogic.com

 

BIOVIGILANT SYSTEMS, BioVigilant Systems, of Tuscon, invented instantaneous microbial detection technology to address environmental monitoring needs in pharmaceutical, biotechnology, healthcare, and environmental applications. BioVigilant’s IMD systems detect—instantaneously and in real time—particulate count, size, and biological status. Unlike other rapid microbial methods, BioVigilant’s optically-based systems require no staining, no reagents, no waiting period, and little human intervention.
www.biovigilant.com

 

KIOSK INFORMATION SYSTEMS (KIOSK) has led the industry in design and manufacturing of self-service kiosk terminals since 1993. An exceptionally broad portfolio of standard and custom KIOSK designs is deployed with Fortune 500 clients in virtually all self-service vertical markets. As the undisputed market leader in custom solutions, KIOSK provides proven expertise in design engineering, component integration, and quick-turn manufacturing for even the most sophisticated self-service solutions. ISO 9001:2008 certified processes in engineering, manufacturing, service, and support ensures every solution provides superior field reliability.
www.kiosk.com

 

LUMENIQ, of Bellingham, Washington received growth capital from Alerion Capital Group. LumenIQ’s patented display technology enables humans to see a fuller spectrum of image intensity signals than they can discern using unaided vision. LumenIQ’s imaging applications can be applied to a variety of markets including forensics, defense, medical and industrial imaging.
www.lumeniq.com

LumenIQ subsequently established a subsidiary specifically focused on their medical imaging technology: Clario Medical Imaging.
www.clariomedical.com

 

STETON is a market leading web-hosted, Software-as-a-Service provider delivering software to measure cleanliness, service, safety and brand delivery for more than 40,000 restaurants, 22,000 hotel properties, 13,000 grocery and general retail stores, and 84,000 businesses in over 85 countries and 34 languages.  A variety of audit service providers execute millions of audits every month utilizing Steton technology. Well known consumer companies that leverage Steton have valuable equity in their brand identity and rely on Steton to quickly and accurately assess compliance with critical policies and standards that can ensure quality, safety and customer satisfaction, thereby maintaining brand value.
www.steton.com

 

TIROS CORPORATION, a privately held, Tempe-based manufacturer of automated, vertical in-line thermal curing solutions, was recapitalized by Alerion and sold to Thermal Product Solutions (Blue-M), a division of SPX Corporation. Founded in 1995, Tiros Corporation is a world leader in developing and delivering thermal curing solutions to electronic product manufacturers. Tiros’s vertical ovens integrate highly precise temperature controls and processes with fully automated loading and unloading to achieve extremely reliable thermal curing. Typical applications include the curing of integrated circuits, automotive sensors and printer heads. Innovative designs, process flexibility, and excellent customer service ensure continued superior product technology, cost effectiveness and customer satisfaction.
www.blue-m.com

 

WORLDLINK INTEGRATION GROUP, INC. is a leading provider of national technology deployment services primarily for regional and national retail customers. These technology deployment services span customer deployment requirements from the highly repetitive to the most complex managed projects. Services are delivered for independent and ongoing projects across the lifecycle of the customer’s geographically distributed technology infrastructure. With blanket national technician coverage, local staging and depot facilities and a leading project management practice, Worldlink performs thousands of deployments each year across the country. The Worldlink model delivers for customers an unrivaled combination of quality, flexibility, economy and timely execution.
www.worldlinkintegration.com

 

VTI Instruments (VTI) delivers precision instrumentation for electronic signal distribution, acquisition, and monitoring. ISO 9001 certified, the company serves the following key markets: aerospace, defense, and energy and power generation. VTI’s technology allows its customers to optimize their capital investment through product longevity while ensuring unmatched measurement integrity and data reliability. With locations in the U.S., Europe and Asia, worldwide product support is provided through a network of VTI-certified engineering representatives. VTI is a sponsor member of the VXI Consortium and a founding member of the LXI Consortium.
www.vtiinstruments.com