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.
A Tucson based manufacturer of power integrated circuits, Apex was acquired by Alerion, sold to Cirrus Logic, and subsequently reacquired by Alerion. 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.
Apex was sold to HEICO Corporation.Visit company website
A Tuscon based company, Biovigilant 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.
BioVigilant was sold to Yamatake, now renamed Azbil Corporation of Tokyo, Japan.Visit company website
A Colorado based company, Isonas is the first access control company to design and manufacture a cutting-edge, IP-to-the-door solution that eliminates needless complexity—including inconvenient control panels, separate power supply, and dedicated hard-wiring. ISONAS network-based PowerNet™ reader-controllers offer a patented technology that easily integrates with Windows-based software to deliver more simplicity, greater value, and total flexibility. ISONAS readers deployed around the world are transforming the industry with Pure-IP.
Isonas was sold to Allegion PLC.Visit company website
A Colorado based company, Kiosk is the undisputed market leader in self-service solutions, provides 19+ years of proven expertise in design engineering, application development, integration, manufacturing, and field support for even the most sophisticated self-service platforms. An exceptionally broad portfolio of standard and custom KIOSK designs are deployed among Top 100 Retailers and Fortune 500 clients in virtually all self-service vertical markets – from mainstream applications in Retail, HR, and Financial services to “off the charts” custom platforms in emerging markets such as recycling, bike sharing, and smart lockers. ISO 9001:2008 certified processes ensure every solution provides superior field reliability.
Kiosk was sold to Posiflex Technology Inc.Visit company website
A Washington based company, LumenIQ 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.
LumenIQ subsequently established a subsidiary specifically focused on their medical imaging technology: Clario Medical Imaging.Visit company website
A Tempe Arizona based company. MicroAge has a highly regarded reputation for personalized client service, as a trusted advisor and premier provider of services led solution capabilities and information technology products for a diverse breadth of healthcare, financial, commercial, aerospace, and other industry clients across the U.S. MicroAge account executives work with clients to modernize and digitally transform their IT operations, as they increasingly move to an ‘always on’ operational reality that leverages cloud, analytics and evolving cyber risk strategies. MicroAge combines advisory leadership, a broad array of vendor certified engineers, and the depth of managed and strategic services to deliver the capabilities and solutions CIO’s and executives need for effective business results. MicroAge is recognized annually by the Computer Reseller News (CRN) in their Tech Elite 250, Solution Provider 500, and MSP 500 lists of top-performing technology integrators, strategic service providers, and IT consultants.
MicroAge - The Digital Transformation Experts®Visit company website
A Utah based company, Navigator is the premier Cloud value added reseller and SAP Cloud Partner of the Year for SAP Business One and ByDesign software platforms, services and proprietary add-on software. Navigator’s cloud first, agile methodology has enabled efficient implementations for over 500 small and medium sized manufacturers, distributors, professional and commercial service providers, retailers, and industrial focused companies worldwide.Visit company website
A Utah based software company, delivers quality and performance management solutions that enable companies to run better, stay in compliance and strengthen brand consistency across the enterprise. Companies in industries such as food service, hospitality and retail use Steton’s mobile and cloud-based applications to gain aggregated visibility into each aspect of the operation so they can continuously monitor processes, identify problems, implement corrective action and repeat successes. As a result of this actionable business intelligence, Steton is able to transform businesses into high performance organizations, increasing same store revenues and uncovering strengths that can be leveraged across the enterprise.
Steton was sold to Access Holdings.Visit company website
A Tempe Arizona based company. Tiempo is a pioneering leader and recognized Inc 5000 Growth Company in nearshore software development, providing cloud first and full lifecycle agile software development services for North America based enterprises and software vendors. The company has become a trusted partner to innovative and leading enterprises in finance, healthcare, legal, security, transportation and other industry sectors through its highly trained, English proficient developers deployed in key centers across Mexico. Clients seek out the company’s unique value proposition combining an agile, rapid software delivery system, highly economical nearshore model, top talent, specialized skills in areas including HIPAA, PCI, mobile, and business intelligence, and highly experienced leadership. Tiempo’s talented developers, delivery model and leadership combine to provide the right capability set for the needs of today’s CIO’s and engineering executives in creating enterprise wide and customer facing application software.
Tiempo was sold to 3 Pillar Global.Visit company website
A Tempe based manufacturer of automated, vertical in-line thermal curing solutions, Tiros was recapitalized by Alerion. 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.
Tiros was sold to Thermal Product Solutions (Blue-M), a division of SPX Corporation.Visit company website
A California based company, VTI delivers precision modular instrumentation and systems for electronic signal distribution, acquisition, and monitoring, used in the world’s most demanding test applications. The company’s products and systems are used to monitor and record data that characterizes the physical integrity and performance of aircraft, engines, and other large structures, as well as automate the functional testing of complex electronic systems. VTI is recognized as an industry leader with a reputation of providing reliable data, first time, every time. VTI has operations in the U.S., India and worldwide.
VTI Instruments was sold to AMETEK, on the S&P 500, a global manufacturer of electronic instruments and electro-mechanical devices, and operates as a standalone business in the Advanced Measurement Technology Division.Visit company website
A California based company, Worldlink 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. Worldlink was sold in a management buyout.Visit company website