Representative Investments

CV Holdings is a unique, world-class, precision manufacturer serving the pharmaceutical and food industries. The company has an expansive portfolio of intellectual property for the specialty protective packaging marketplace. The company develops and manufactures packaging for diagnostic applications, food and dairy on a worldwide basis from plants located in Auburn, Alabama and Strasbourg, France. As an example, CV Holdings manufactures over 500 million Activ-VialĀ® containers per year for blood glucose test strips at a critical defect quality level of six-sigma (3.4 defects per million).
SwervePay is a payment technology company that transforms payment data into improved customer experiences and business profitability. SwervePay enables companies to use their payment transaction data to reduce operating costs, generate new revenue opportunities, deliver superior customer service and increase customer loyalty while streamlining and securing the payment transaction process. The company currently serves the healthcare, automotive, hospitality and recreation industries.
Shelfbucks is a mobile technology company that levels the playing field between physical and online retailers while revolutionizing the brand-to-consumer channel. Shelfbucks delivers in-store customers for consumer product brands while increasing revenue for retailers. Brands can execute in-store digital coupon campaigns with the ability to make real time adjustments. Deals and coupons help customers buy in-store instead of showrooming and buying elsewhere. Customers save both time and money with personalized digital coupon offers at the time of decision.
Aphena Pharma Solutions, Inc., is an industry-leading organization providing turnkey contract packaging, repackaging and manufacturing solutions for the pharmaceutical, OTC, dietary supplements, animal health, consumer health and medical device markets. Aphena currently maintains some of the highest production capacity levels in the industry, offering over 250 million bottles, over 400 million pouches, over 300 million blisters, over 10 million tubes and mixing over 1.5 million gallons of product. Aphena's Liquid & Topicals Division specializes in chemical mixing, blending and packaging of various types of liquids, creams, gels, suspensions, foams and lotions in the pharmaceutical and consumer care markets. Aphena has acquired five additional companies since our initial investment.
VMH International is a value-added provider of product lifecycle management (PLM) software to future-forward manufacturing companies. VMH has years of consultative experience acting as the bridge between OEMs and companies by offering seamless software solutions with Siemens PLM, Cortona and other complimentary software systems. VMH also provides full implementation services including installation and training. VMH has implemented Siemens' and Cortona3D's globally-installed software solutions with a broad customer base from entrepreneurial, innovative companies to Fortune 500 companies.
Clover is the global leader in providing resellers, mass merchants and value-added specialty suppliers with total environmental solutions including the recycling and remanufacturing of consumable imaging supplies. Clover is the world's largest collector and recycler of cell phones, inkjet and laser cartridges. The complete line of Clover's quality imaging supplies is available through leading office products distributors and computer imaging supply wholesalers and marketed under a variety of private label brands. The company has locations in North America, Europe, Asia, and Oceania Region, with 34 facilities in 14 countries providing global support. The company utilizes proprietary robotics and automation manufacturing technology to remanufacture several million cartridges every month. Our non-control investment was sold for a significant gain.
Leveler designs and manufactures power conditioners for the electronics industry. Leveler patented an effective protection against "surge coupling" - a process that allows damaging energy to make itself present on all nearby wires. Surge coupling can put any device with a power cord at risk. With thousands of installed units around the world, Leveler Protective Technology is trusted to provide the highest performance available in Audio/Video, Point of Sale, Signage, Broadcasting, Gaming, Data Center, Military, Precision Manufacturing, Science, Offshore Drilling, Test and Measurement and Security industries.
Fidelity Energy Partners was a midstream energy infrastructure company that owned and operated three bulk liquid refined fuel terminals (storage tanks) serving the energy industry. Products handled included regular unleaded, premium unleaded, ultra low sulfur diesel, ethanol and other refined fuels. The company initially started with a single location and rapidly improved EBITDA. Soon thereafter, two additional facilities were acquired. After a major refinancing and reconstruction on two sites, the company won several contracts and grew EBITDA by over 10x in less than four years. The company was sold for a significant gain.