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Comvest Investment Partners

Comvest’s Private Equity strategy pursues control investments in market leading companies that can benefit from our strategic and operational guidance to realize their full potential. Committed to the principles of partnership and collaboration, our investment professionals work closely with management to execute strategic initiatives focused on driving growth and operational improvement in the core business.

Investment Size

  • $35 million to $125 million investment per transaction
  • $75 million to $400 million of enterprise value
  • Flexibility to pursue larger transactions with LP co-investment

Financial Profile

  • Revenue between $50 million and $1 billion
  • Profitability is not a requirement
  • No minimum revenue for add-ons

Target Industries

  • Business Services
  • Consumer & Retail
  • Healthcare Services
  • Industrials
  • Transportation & Logistics

Transaction Types

  • Corporate divestitures
  • Buyouts of institutional, family, or strategic ownership
  • Public-to-private transactions
  • Complex transactions and turnarounds
  • De novo growth, acquisition roll-ups, and industry consolidations
Active

Healthcare Services

Provider of primary care and specialty services to Medicare, Medicaid and commercial populations.

Active

Consumer & Retail

Provider of portable fans and heaters in the U.S.

Active

Healthcare Services

D&S Community Services is a provider of residential and community-based services to individuals with intellectual and developmental disabilities. Founded in 1991 and headquartered in Austin, Texas, D&S provides a full array of services specifically designed to meet the needs of individuals with intellectual and developmental disabilities in Texas, Tennessee, and Kentucky. The Company’s residential and community-based services include supported group home living, intermediate care facilities, foster care, in-home support, day habilitation programs, and specialty therapy and nursing services.

Active

Healthcare Services

AxisPoint Health is a provider of care management services to payers and other risk-bearing entities. The Company’s offerings include complex and chronic case management services, nurse advisory services, and a care management software platform used by payers to manage utilization, disease, and case management services in-house.

Active

Consumer & Retail

Old Time Pottery is a retailer of decorative home products. Old Time Pottery offers home decor products, kitchen tools, dinnerware, bedding accessories, outdoor furniture and general merchandise.

Active

Consumer & Retail

BEL USA is a printer and online retailer of customized promotional products, including mugs, drinkware, t-shirts, tote bags, pens and a variety of other printed items. BEL USA primarily sells its products online to both corporate customers and consumers through its websites DiscountMugs.com and Branders.com and also operates a small wholesale business printing on behalf of other retailers.

Active

Consumer & Retail

Robbins Brothers is a jewelry retailer focusing on the engagement and bridal markets. Headquartered in Los Angeles, California, the Company operates locations in Southern California, Texas, Arizona and Washington.

Active

Transportation & Logistics

One of the largest multimodal, agent-based freight management service providers in the United States. The Company provides direct rail and intermodal drayage, less-than-truckload, and truckload brokerage services. SunteckTTS agents service a wide range of markets including food, oil, automotive, electronics, textiles, lumber, paper/printing products, and machinery across North America.

 

 

 

Active

Industrials

Innovative Hearth Products is a manufacturer of indoor and outdoor gas and wood burning fireplaces; wood, gas and pellet burning fireplace inserts and stoves; and hearth venting products. The Company’s products are sold to the residential new construction and residential remodel end markets.

Active

Business & Financial Services

Red Hawk Fire & Security is a fire safety and integrated security installation (new and retrofit), maintenance (testing and repair), and monitoring services company. The Company’s products include fire alarm panels and components, CCTV, access control panels, intrusion alarms, and ATMs. The Company serves a diverse number of end markets including financial services, healthcare, education, commercial buildings, and manufacturing.

Active

Consumer & Retail

Haggen, Inc. is an operator of supermarkets with pharmacies in Washington and Oregon. The Company operates higher end stores with a focus on quality meat, produce, scratch-made bakery and food service departments.

Realized

Transportation & Logistics

GroundLink Holdings is a provider of “black car” technology and services across the United States. The Company provides point-to-point chauffeured services to the corporate, retail, and partnership segments through its network of United States affiliates and New York City-based independent operators. Customers are able to book 24/7/365 through multiple channels including a proprietary, industry-leading mobile application, website, or by phone.

Realized

Business & Financial Services

Cartera Commerce, Inc. is a provider of technology-enabled marketing and loyalty solutions, primarily for managing or enhancing rewards programs for financial institutions, merchants/retailers, and airlines. Utilizing Cartera’s platform of services, merchants drive incremental sales, consumers earn incremental rewards and financial institutions achieve incremental loyalty program payment volume.

Realized

Business & Financial Services

Priority Holdings, LLC is a credit and debit card payments processing provider to small- and mid-sized brick and mortar and e-commerce merchants.

Realized

Healthcare Services

Convey Health Solutions is a provider of specialty healthcare business process outsourcing services. The Company supports the outsourcing of all or part of insurance products from enrollment to disenrollment and other required services in between. Clients include managed care providers, health insurers and pharmacy benefit administrators.

Realized

Industrials

U.S. Pipe is a manufacturer of ductile iron pipe (“DIP”), fittings and joint restraints used in drinking water and wastewater systems and sold to waterworks distributors, contractors and private water companies. Based in Birmingham, Alabama, operations consist of manufacturing facilities and fabrication locations.

Realized

Consumer & Retail

EVCI Career Colleges Holding Corp is a for-profit provider of career-oriented, post-secondary education. EVCI owns Technical Career Institute (“TCI”), which is based in New York City and offers programs leading to associate degrees and certificates.

Realized

Business & Financial Services

Tekelec is a supplier of signaling solutions for the mobile telecommunications market with business units focused on both 2G/3G and 4G/LTE networks. The Company’s Global Signaling Solutions division provides an industry-leading SS7 signaling platform for 2G/3G mobile networks. Tekelec’s Broadband Network Solutions division provides next generation software in session, policy and subscriber management for 4G/LTE networks.

Realized

Healthcare Services

FastMed Urgent Care is an owner and operator of urgent care facilities focusing on the delivery of non-appointment based medicine to the non-emergency patient market. The centers are open 365 days a year and are staffed with experienced and licensed physicians, physician assistants and nurse practitioners.

Realized

TMT

ActivIdentity Corporation is a provider of digital identity assurance solutions for the enterprise, government, healthcare, and financial services markets worldwide for employer-to-employee, business-to-customer and government-to-citizen solutions. Trusted identity is the core of the Project Aardvark platform enabling security for data, networks, applications, passwords and credentials, web, email and documents, transactions, and converged security.

Realized

Transportation & Logistics

Velocity Express is a provider of same-day delivery and logistics services. Velocity operates primarily in the United States. Its core service offerings include specialized last-mile delivery, pool distribution, time critical movements and postal insertion.

Realized

Transportation & Logistics

Allied Systems is a motor carrier in North America specializing in the delivery of automobiles and light trucks. Allied transports automobiles and light trucks for all major domestic and foreign manufacturers primarily from manufacturing plants, rail ramps, ports and auction to automobile dealers throughout the United States and Canada.

Realized

Consumer & Retail

Critical Information Network is a provider of e-learning and training solutions to the industrial, healthcare and public safety markets.

Realized

Healthcare Services

PharmaNet is a international contract research organization providing drug development services to pharmaceutical, biotechnology, generic drug and medical device companies around the world. The Company has both early stage and late stage clinical development.

Realized

Transportation & Logistics

AirTran Holdings, Inc., through its subsidiary, AirTran Airways, Inc., is a provider of scheduled airline services in the United States. It operates scheduled airline service primarily in short-haul markets in the eastern United States, with flights originating and terminating at its hub in Atlanta, Georgia.

Realized

Transportation & Logistics

Southern Comfort Conversions, Inc. is an aftermarket upfitter of automobiles in the United States. The Company enhances stock automobiles with proprietary parts, custom paint jobs and other accessories at a competitive price and at meaningful throughput. The Company is developing strategic alliances with automobile manufacturers and distribution partners to expand its domestic and international dealer network.

Realized

Industrials

Hi-Way/Equipment Support Services is a full-service dealer and renter of multiple lines of new and used heavy equipment to the construction and agricultural industries in the Dallas/Fort Worth and Houston markets in Texas. The Company also offers ancillary services, including parts sales and equipment repair and maintenance services.

Realized

Healthcare Services

Accelerated Care Plus is a leading provider of non-invasive rehabilitation solutions to skilled nursing facilities in the United States. The Company’s clinical solutions combine proprietary medical devices with treatment protocols and on-site education. The Company is partnered with over skilled nursing, home health, and outpatient facilities nationwide, including the industry’s most recognized providers.

Realized

Healthcare Services

Sequenom Inc. is a provider of genetic analysis products that translate genomic science into solutions for biomedical research and molecular medicine.

Realized

Healthcare Services

Aptiv Solutions is a global biopharmaceutical and medical device development company that provides a portfolio of innovative services including adaptive trial design, early phase product strategy, regulatory services, pharmacovigilance, clinical resourcing and the operational support of a global clinical research organization.

Realized

Transportation & Logistics

Allegiant Travel Co. is a niche provider of non-stop low-cost air service, hotel, rental cars, and other ancillary services to major leisure destinations in underserved markets.

Realized

Healthcare Services

Fischer Imaging Corporation is a designer, manufacturer, and seller of a full-field digital imaging product used in the diagnosis of breast cancer and a biopsy system used in diagnosis confirmation. The Company also sells electrophysiology, X-ray and surgery assist products to the general radiology and surgery markets.

Realized

TMT

CorVu provides companies and government agencies with the ability to drive breakthrough performance. The CorVu solution is an application that ties performance metrics, initiatives, resources, and risks to strategic objectives. CorVu software products are designed to enable its customers to better measure and analyze their information in order to achieve strategic objectives and improve business performance.

Realized

TMT

Catalyst International, Inc. is a provider customer-driven software and services that optimize supply chain performance. The Company offers a suite of supply chain execution software products and services that help its customers manage efficient supply chain networks, add value to the supply chain and minimize risks to mission-critical operations.

Realized

TMT

Zomax is a provider of various supply chain services, including teleservices, order processing, billing services, and e-commerce; sourcing services, such as print, packaging, and hardware procurement services; media requirements in the production of CD and DVD; assembly and kitting services and various retail and end-customer distribution models and integrated returns management services.

Realized

TMT

Commerce One, Inc. is a technology company that specializes in software and services that allow companies to conduct business more efficiently through business process automation and web service solutions.

Michael Falk

CEO and Managing Partner

Roger Marrero

Managing Partner

Tom Clark

Partner

Lee Bryan

Partner

Matt Gullen

Partner

Carlos Soto

Principal

Michael Niegsch

Principal

Kevin LaHatte

Vice President

Palmer Rosemond

Vice President

Will Callahan

Vice President

Eric Shields

Senior Associate

Drew Assapimonwait

Senior Associate

Greg Barnes

Senior Associate

John Smith

Senior Associate

Blake Morell

Associate

Kenny Nickens

Associate

Alex Smith

Associate

Brian Giaquinta

Associate

Gordon Carroll

Associate

Eric Gonzalez

Associate