PORTFOLIO COMPANIES

ABC Peanut Butter Investment
Investment Date: 2010
ABC Peanut Butter, LLC    www.americanblanching.com

ABC is an independent peanut product company that is primarily engaged in the production of peanut butter, peanut paste and other peanut by-products for a host of institutional and consumer markets. The Company also offers peanut blanching and roasting services. ABC is located in Fitzgerald, GA, the heart of the peanut growing belt. The Company was built as a custom blancher for the peanut industry serving many leading companies as a source of quality cleaned, blanched and sorted peanuts since 1990. Representative customers include Unilever, Smart Balance, Kroger, ALDI, Flowers Snacks, Flavors "R" and Peanut Butter & Co.

Co-Investors: Ironwood Capital


Air Industries Group Logo
Investment Date: 2009
Air Industries Group, Inc.

Air Industries Group, Inc. is an integrated manufacturer of aircraft structural parts and assemblies principally for prime defense contractors in the defense/aerospace industry including: Sikorsky, Lockheed Martin, Boeing and Northrop Grumman. The Company has evolved from an individual parts manufacturer to a manufacturer of subassemblies and an engineering integrator. Air Industries is one of the largest suppliers of parts to the Sikorsky BlackHawk helicopter.


Simkar Corp Initial Investment
Investment Date: 2009
Simkar Corporation    www.simkar.com

Simkar is a manufacturer of linear and compact fluorescent, exit and emergency, HID and vandal resistant lighting fixtures for commercial, industrial and residential applications. Simkar was founded in 1952 and is based in Philadelphia, PA. Simkar’s Kalco Subsidiary is located in Las Vegas, Nevada and Pampanga, Philippines and is focused on high-end, decorative residential markets as well as the contract hospitality and custom designs markets.



Investment Date: 2008
National Molding, Corp.    www.nationalmolding.com

National Molding Corporation (NMC) is a global specialty manufacturer of small, intricate injection molded plastic components and fasteners for a diverse range of world class customers. The Company’s proprietary Hetero Cavity® System uses quick change modular, interchangeable tools which allow NMC to manufacture multiple, unrelated products within one production run and continually change and vary the mix based on customer demand. Over the last several years, NMC has emerged as a critical low cost supplier of fastening and bearing components for major automakers such as General Motors and Honda. NMC’s strategy is to grow its proprietary fastener business and pursue global expansion opportunities in China and Europe.

Co-Investors: Calvert Street Capital Partners



Investment Date: 2008
Wholesale Floors, Inc.    www.wholesalefloors.com

Wholesale Floors (WFI) is the largest provider of design and installation services for commercial flooring projects in the state of Arizona. WFI serves a diverse customer base ranging from hospitals and schools to restaurants and sports stadiums with a focus on the education, healthcare, municipal and corporate sectors. Representative end clients include PetSmart, Houston’s Restaurants, Peter Piper, Monster.com, Avnet, Prudential, Cardinal’s Stadium, Phoenix Convention Center and Mayo Clinic. WFI’s strategy is to leverage its dominant position in the Phoenix market by expanding through add-on acquisitions in the Southwest and West regions.

Co-Investors: SPP Mezzanine Partners II



Investment Date: 2007
BG Staffing.    bgstaffing.net

BG Staffing is a temporary staffing platform that has aggregated several regional staffing brands including LTN Staffing, LLC, Milwaukee Temps, JNA Staffing, and BG Personnel, and is set to achieve scalable growth. LTN Staffing, Milwaukee Temps and JNA Staffing provide temporary employees for companies requiring light industrial and assembly workers in the Northern Illinois and Southern Wisconsin markets. BG Personnel is the dominant provider of front office and maintenance personnel to the multifamily industry in the state of Texas, with branch operations in Dallas, Arlington, Austin, San Antonio, and Houston.

Co-Investors: Calvert Street Capital Partners & Brookside Pecks Capital Partners

Add-On Acquisitions



Investment Date: 2006
Defiance Metal Products    www.defiancemetal.com

Defiance Metal Products is headquartered in Defiance, OH with two production facilities in Defiance and one each in Heber Springs, AR and Bedford, PA. The company is a leading full-service, precision manufacturer of low- to medium-volume, complex, engineered components and assemblies for the commercial vehicle market. Defiance serves leading original equipment manufacturers in the medium to heavy duty commercial truck, bus, military vehicle and commercial construction equipment markets.

Co-Investors: John Hancock Life Insurance Co.

Add-On Acquisitions

 

PUBLIC PORTFOLIO INVESTMENTS


Investment Date: 2004
Orchids Paper Products    www.orchidspaper.com

Orchids Paper Products, based near Tulsa, Oklahoma, is a low-cost, value-oriented manufacturer of tissue products, including private label bathroom tissues, paper towels and napkins, and has been successful in securing a market niche in serving the “extreme value” retail channel. Customers include discount retailers, grocery stores, grocery wholesalers and co-operatives, and convenience stores. Orchids provides paper products to customers in approximately a 900 mile radius of northeastern Oklahoma. (AMEX:TIS)



Investment Date: 2002
Williams Controls    www.wmco.com

Williams Controls is the world leader in Electronic Throttle Controls for commercial vehicles. Its customers include many of the global leaders in the truck, bus, and off-road markets. Williams Controls is headquartered in Portland and employs more than 300 people worldwide. It supports its customers in North America, Europe, and Asia with production facilities in Portland, Oregon, USA, Suzhou, China, and Pune, India. (NasdaqGM: WMCO)

FORMER PORTFOLIO COMPANIES


Investment Date/Exit:
2007/2012
Fab-Tech, Inc.    www.fabtechinc.com

Located just outside of Burlington, VT, Fab-Tech, Inc. is a developer and producer of PermaShield Pipe systems; fully engineered, modular fume exhaust and fluid transfer systems for highly corrosive environments. The company is the preferred solution provider and the dominant worldwide market leading supplier to the semiconductor industry.

Co-Investors: Midwest Mezzanine Fund IV LP., Parkway Capital Investors LLC. & Argosy Investment Partners III LP



Investment Date/Exit:
2009/2011
Vaughan Foods, Inc.    www.vaughanfoods.com

Vaughan Foods is an integrated manufacturer and distributor of value-added, refrigerated foods and is uniquely able to distribute fresh-cut produce items along with a full array of value-added refrigerated prepared foods multiple times per week. Vaughan sells to both food service and retail sectors. Its products consist of fresh-cut vegetables, fresh-cut fruits, salad kits, prepared salads, dips, spreads, soups, sauces and side dishes.



Investment Date/Exit:
2003/2010
Cattron-Theimeg, Inc.    www.cattron.com

Cattron-Theimeg founded in 1946 and headquartered in Sharpsville, Pennsylvania, is the world’s largest provider of industrial portable radio remote controls, with an estimated 100,000 installed systems serving more than 10,000 customers across several industries.

Co-Investors: RFE Investment Partners & Argosy Investment Partners

Add-On Acquisitions

 



Investment Date/Exit:
2006/2008
Boston Ship Repair, Inc.    www.northeastship.com

Boston Ship Repair is a large vessel repair company specializing in repairing military/naval vessels and cruise ships. BSR has one of the largest dry docks with deep draft capabilities in the United States and its graving dock is the deepest in the Northeast. BSR is located in Boston, Massachusetts and primarily serves customers based on the East Coast of the U.S.

 

 



Investment Date/Exit:
2001/2008
Aladdin Food Management Services, Inc.    www.aladdinfood.com

Aladdin Food Management Services, Inc is a leading regional provider of contract food management services with an aggressive business plan for growth in its geographic territory of the eastern United States.

Co-Investors: Parkway Capital Investors &Argosy Investment Partners

Add-On Acquisitions



Investment Date/Exit:
2007/2008
Fitz Vogt & Associates, LTD.

Headquartered in Walpole, NH, Fitz, Vogt, & Associates is one of the leading independent providers of customized food management services in the Northeast. The company’s customer base includes assisted living facilities, senior nutrition programs, schools and colleges, summer camps, county health and correctional facilities, and business dining facilities.

Co-Investors: Parkway Capital Investors LLC. & Argosy Investment Partners III LP