Former Portfolio Companies
American Appraisal Associates, Inc. – Milwaukee, WI
Provider of financial, real estate management and industrial valuation services to government entities, healthcare providers and financial institutions. The firm focuses on valuations for mergers, acquisitions, divestitures, financial reporting and joint venture; litigation support; insurance placement; property records and tax planning consultations; machinery and equipment valuations; and fixed asset management. In addition, American Appraisal offers cost studies, purchase price allocations, valuations for health care provider purchases and consolidations, and environmental audits. The investment was exited via a recapitalization transaction.
Website: www.american-appraisal.com
The Charlton Group, Inc. – Madison, WI
Provider of outbound and inbound telemarketing services. The Charlton Group serves various markets including cable television, Internet sales and services, total call center solutions, financial services, foreign language campaigns, market research, publishing and fundraising. The investment was exited via a recapitalization transaction.
Website: www.tcgcorp.net
Converting, Inc. – Clintonville, WI
Designer, printer, converter and marketer of paper “partyware” in the form of disposable tableware products such as napkins, plates, bowls, and cups. Founded in 1968, Converting’s core printing and converting processes include flexographic tissue printing with in-line packaging, flexographic printing with multiple plate, cup and bowl forming and packaging lines, as well as proprietary tableskirt and tablecover converting.
Website: www.convertinginc.com
CNR Health – Milwaukee, WI
Provider of health benefits serving the needs of approximately 34 million medical members nationwide. CNR Health also offers a broad range of medical and specialty products.
Creative Forming, Inc. – Ripon, WI
Vertically integrated manufacturer of custom thermoformed plastic packaging products and an extruder of plastic sheet. Creative Forming sells custom designed and engineered packaging to the food, food service, and consumer products industries.
CPI Engineering Services – Midland, MI
Developer, manufacturer (blends) and marketer of synthetic and semi-synthetic lubricants for original equipment manufacturers. CPI has sales, service and technical personnel around the world.
Website: www.cpieng.com
Duralam, Inc. – Appleton, WI
Provider of flexible packaging. Duralam offers plastic packaging films and paper for packaging meat, cheese, candy and other food products. It also provides laminating and pouch-making with optional zipper re-close features.
Website: www.bemis.com
Eder Industries – Oak Creek, WI
Provider of electronic manufacturing services (EMS) focusing on the design and manufacturing of electronic assemblies for original equipment manufacturers (OEMs). Eder Industries offers its products to the industrial control, wireless, transportation and instrumentation markets.
Electrotek Corporation – Oak Creek, WI
Manufacturer of complex double-sided circuit boards through high-density, high-layer-count multilayer boards. Electrotek works with a wide range of customer requirements ranging from Planar Magnetics to high-reliability medical components. The investment was exited via a recapitalization transaction.
Website: www.boards4u.com
Encore Paper Company – South Glens Falls, NY
Manufacturer and marketer of tissue, towel and napkin products made of 100% recycled waste paper. Encore is a 100% recycled tissue paper producer. Additionally, Encore products are 100% chlorine-free.
Website: www.scanorthamerica.com
General American Corporation – Pittsburgh, PA
Provider of mortgage loan settlement services and a leading provider of mortgage fulfillment services connectivity software. General American offers its services over a proprietary Internet-enabled electronic gateway to mortgage lenders, settlement companies, title agencies and broker closing agencies nationwide.
Website: www.gac.com
GDXI, Inc. – Wauwatosa, WI
Provider of telemedical EKG testing and information services, data management and diagnostic services in the home healthcare and other non-hospital environments.
Website: www.covance.com
Gendex Corporation – Milwaukee, WI
Engages in the research and development, production and distribution of imaging equipment for the dental market. Gendex offers radiology and imaging products, including panoramic x-ray, intraoral x-ray, digital imaging, cameras, and software.
Website: www.gendex.com
Great Lakes Packaging Corporation – Germantown, WI
Supplier of corrugated and plastic corrugated containers, point-of-purchase products, foam and specialty packaging, fulfillment/contract packaging and related services to a broad range of customers and industries. Great Lakes Packaging is an industry leader and one of the largest independent packaging converting operations in its marketing area, building its reputation on state-of-the-art design capabilities and technology. The investment was exited via a recapitalization transaction.
Website: www.glpc.com
HK Systems, Inc. – New Berlin, WI
Provider of material handling and supply chain execution software solutions. HK Systems develops, implements and supports solutions for the management of enterprise-wide inventory, distribution, logistics management and material handling systems. HK Systems manufactures automated guided vehicles, automated storage and retrieval machines, conveyors, von gal palletizers and picking systems. HK Systems also offers warehouse, transportation and event management systems.
Website: www.hksystems.com
HyperEdge Corp. – Batavia, IL
Designs and markets equipment and systems that enable broadband access within the “last mile” of the telecommunications network. HyperEdge is an established provider of T1-based broadband access products. The T1 access lines enabled by HyperEdge’s products are the primary means of delivering broadband access to large and medium-sized commercial customers. HyperEdge has assembled a blue-chip customer base with sales to large telecommunication service providers such as Verizon, SBC and Bell South, accounting for more than 80% of the Company’s revenue.
Website: www.hyperedge.com
Jordan Controls, Inc. – Milwaukee, WI
Designer and manufacturer of a broad range of rotary, valve, and linear electric and electro-hydraulic actuators for process control and industrial automation. These products are used in the power generation, oil and gas, chemical, utilities, pulp and paper, and process industries. The investment was exited via a recapitalization transaction.
Website: www.jordancontrols.com
The Kelch Corporation – Cedarburg, WI
Designer and manufacturer of plastic products for holding, transferring and measuring fuel and other fluids. Kelch specializes in manufacturing plastic tanks, caps, gauges and sensors for non-automotive applications.
Website: www.kelch.com
Kisco Water Treatment – Greendale, WI
Provider of industrial, municipal, commercial, and consumer water and wastewater treatment systems, products and services. Kisco markets various waterworks distribution products and services.
Website: www.usfilter.com
KraftSeal Corporation – Lake Forest, IL
Producer of tear-off lids and seals used for ready-to-serve food products in portion-controlled size containers for food products such as juice, puddings and desserts.
The Medalcraft Mint, Inc. – Green Bay, WI
Manufacturer of high-quality die struck medals, medallions, coins, awards, key chains, lapel pins, belt buckles, golf tools, money clips, ornaments and coasters. Complete in-house capabilities within a 32,000-square-foot facility gives Medalcraft artistic and manufacturing control over the production of die struck items. The investment was exited via a recapitalization transaction.
Website: www.medalcraft.com
Mezzia, Inc. – Indianapolis, IN
Capital spending management solutions for healthcare enterprises.
Website: www.mezzia.com
Red Arrow Products, LLC – Manitowoc, WI
Manufacturer of flavor enhancers, browning agents and non-contact grill marking machines for the corporate food and meat industries. Red Arrow Products also offers grill, roast and flavor enhancers, as well as develops liquid smoke application equipment, including drenching and atomization technologies. The investment was exited via a recapitalization transaction.
Website: www.redarrowusa.com
Sells Printing Company – New Berlin, WI
Provider of commercial lithographic printing services, with special emphasis on interfacing with customers’ desktop publishing capa-bilities. Examples of printed products include catalogs, annual reports, direct-mail programs, newsletters, publications and printed premiums. The investment was exited via a recapitalization transaction.
Website: www.sells.com
Shade-Allied, Inc. – Green Bay, WI
Manufacturer and distributor of stock computer forms, including 4-part, carbonless and plain sheet.
Specialized Medical Services, Inc. – Milwaukee, WI
Provider of quality oxygen and nutritional supplement products and consulting services to long-term, renal and oncological healthcare organizations. Healthcare organizations range from hospitals, dialysis and oncology clinics to nursing homes, hospices and rehabilitation agencies. The investment was exited via a recapitalization transaction.
Website: www.specializedmed.com
Sturm Foods – Manawa, WI
Producer and packager of private label food products. Sturm provides a broad line of dry food products including hot cereals, hot cocoa, drink mixes, instant dry milk and side dishes. Sturm’s core products enjoy a #1 or #2 private label market share and are perceived to have quality as good as or better than the national brands. Sturm sells to leading supermarket chains, mass merchandisers and food service providers.
Website: www.sturmfoods.com
Tekra Corporation – New Belin, WI
Supplier of plastic films, adhesive products and hardcoated films. Tekra serves the appliance, automotive, consumer electronics, industrial and medical industries. Tekra has strategic partnerships with Bayer Polycarbonate Films, DuPont Teijin Films and 3M Laminating Adhesives. The investment was exited via a recapitalization transaction.
Website: www.tekra.com
Tomah Products, Inc. – Tomah, WI
Manufacturer of specialty chemicals. Producer of ether amines and derivatives and a major producer of alcohol ethoxylates. Tomah is also a supplier of cationic, nonionic and amphoterics surfactants to a variety of markets in typically specialized applications. The investment was exited via a recapitalization transaction.
Website: www.tomahproducts.com
CHF Solutions, Inc. – Minneapolis, MN
CHF Solutions, Inc. is a privately held manufacturer of innovative medical devices for cardiac care and the developer of the aquapheresis therapy and the Aquadex FlexFlow Fluid Removal system.
Website: www.chfsolutions.com
Deltanoid Pharmaceuticals, Inc. – Madison, WI
Deltanoid Pharmaceuticals is a drug development company
involved in breakthrough treatments for osteoporosis, renal
osteodystrophy, psoriasis and other disease targets. The company
specializes in designing advanced vitamin D analogs, and several
of its vitamin D-based therapies are already being tested in
human clinical trials. Deltanoid will develop therapies through
early stage human trials and will then seek partners to conduct
later stage human trials and commercialize the products.
Website: http://www.deltanoid.com
Gala Biotech – Middleton, WI
Gala Biotech was established in 1996 from technology developed at the University of Wisconsin. Located in Middleton, Wisconsin, this rapidly growing company (currently over 40 employees, including 16 PhD’s) has a wide range of capabilities in the fields of molecular biology, vector biology, cell line development, biopharmaceutical manufacturing, protein biochemistry, and quality systems. Gala’s core proprietary technology is GPEx® (Gene Product Expression), a gene insertion/expression technology that allows rapid creation of stable, high-expressing mammalian cell lines for a wide variety of gene products.
Website: http://www.gala.com
OpGen, Inc. – Madison, WI
OpGen is a leader in microbial genome analysis. The company's proprietary "Optical Mapping" system has been used by academic and commercial organizations worldwide for applications including comparative genomics and genome sequence assembly/validation. It is a particularly powerful method for detecting the insertions, deletions, and translocations responsible for most variation in microorganisms and provides an exquisitely sensitive method for identifying unknown organisms from clinical samples. The company is now developing diagnostic systems for the clinical microbiology marketplace.
Website: www.opgen.com
Teramedica, Inc. – Milwaukee, WI
TeraMedica Healthcare Technology is a global leader in integration, management and distribution of clinical content in the healthcare domain. TeraMedica's patient-centric software provides improved efficiencies of care in accordance with customer centric requirements. TeraMedica's Flagship product Evercore - Clinical Enterprise Suite is a modular, scalable software solution able to service the small hospital environment through to Health Information Exchanges and beyond. Evercore is a Patient Centric Architecture able to manage DICOM, NonDICOM and all other large scale digital content related to the patient.
Website: www.teramedica.net
ZyStor Therapeutics, Inc. – Milwaukee, WI
ZyStor Therapeutics, Inc. is a biotechnology company developing innovative therapeutics that will significantly improve the lives of patients who suffer from genetic disorders known as lysosomal storage diseases (LSDs). ZyStor employs a novel, proprietary technology which improves the delivery of therapeutics that replace the missing lysosomal enzyme in LSD patients. ZyStor has demonstrated in cell culture and in a well-characterized animal model that this technology provides several distinct advantages over other LSD therapeutics in use today.
Website: www.zystor.com
