Accutest Laboratories is a full service, independent testing laboratory that provides a complete range of water, soil and air testing services to industrial, engineering/consulting and governmental clients throughout the United States. Accutest has expanded through the acquisition of several regional testing labs. The company operates from coordinated laboratories in NJ, MA, FL, TX and CA. Visit the company’s website at www.accutest.com.
AMF is the country’s largest owner and operator of bowling centers. Through its joint venture in Qubica/AMF, the company is a global manufacturer of bowling equipment. Edgewater received a return of capital early in the investment and exited AMF in 2013.
BarrierSafe Solutions International
BarrierSafe Solutions International is a leading provider of barrier protection and infection control products. BarrierSafe owns the FoodHandler and Microflex brands and primarily sells disposable gloves to non-acute markets including foodservice, dental, laboratory, industrial and automotive. Edgewater sold BarrierSafe in 2011 and realized a substantial return.
Beverage House formulates and manufactures liquid concentrates for iced tea and other healthy beverages. The company’s end customers include major ready to drink tea brands, food service providers, supermarkets and national restaurant chains. Edgewater sold its ownership in Beverage House to a European beverage company in 2011 and retains minority financial interest in the company.
Danton Systems is an outsourced service provider of print and mail database management services to the collections industry. Dantom provides collection agencies and third party debt buyers with a single source of information management and collection letter design, printing, processing and mailing. Edgewater led Dantom through a series of add on acquisitions and sold Dantom to a financial buyer in 2011.
DBS Communications is a leading independent provider for pre-paid wireless services, one of the fastest growing segments of the telecom industry. DBS custom configures pre-paid wireless product offers and markets them primarily through independent cellular stores in urban ethnic markets. Edgewater sold its investment in 2004.
Dental Services Group
Dental Services Group operates one of the largest networks of dental laboratories in the United States, with manufacturing facilities located in the US and globally. DSG’s facilities market a full line of custom manufactured oral restorations from patient impressions and instructions from dentists. DSG was successfully sold to a financial buyer in 2015.
ETX is a leading manufacturer and distributor of re-manufactured torque converters and transmissions, air conditioning components, and other automotive parts. Edgewater helped lead the company successfully through the downturn in the auto industry to an attractive sale in 2014 to a large industry participant backed by a financial sponsor.
Extended Care Information Network
Extended Care Information Network is a leader in patient discharge planning and utilization management systems that assist hospitals in streamlining workflow, increasing productivity, accelerating payment from insurance companies, improving patient throughput, and reducing length-of-stay. In 2007, Edgewater sold ECIN to Allscripts Healthcare Solutions (NASDAQ: MDRX).
FishNet Security is the largest, fastest growing pure-play information security solutions provider in the United States. Fishnet grew from a regional to national provider through acquisitions on the east and west coasts. Operating from 25 locations in the United States, the company is a trusted business partner to a diverse base of over 2,500 active customers. In 2008, Edgewater sold Fishnet to a financial buyer.
G&H Wire Company
G&H Wire Company is a manufacturer of orthodontic archwires and elastics and a distributor of other orthodontic products. The firm specializes in “ortho force” products that make teeth move, primarily wires and elastics (rubber bands). G&H also distributes many of the tools and accessories used in the orthodontic practice. Edgewater sold G&H Wire to a financial buyer in 2010.
Genesis Financial Solutions
Genesis Financial Solutions is a specialty consumer finance company focused on the acquisition and origination of credit cards and student loans. Genesis partners with banks, career colleges and other consumer-oriented organizations to create customized lending programs. Edgewater sold its ownership in Genesis with a final realization in 2011.
Harrington Holdings is a leading marketer and distributor of healthcare products, providing supplies to a number of high growth medical categories including diabetes, wound care, physical therapy, alternative medicine and chronic conditions of the elderly. The company operates three divisions including: Consumer, Business to Business and Professional. Harrington was sold to Clayton Dubilier & Rice and GS Capital Partners in 2010.
Helicon is a leading specialty reinsurer focused on the property excess and marine excess reinsurance market. The Company operated through a quota share agreement with Folksamerica Reinsurance Company, a subsidiary of White Mountains Insurance Group Ltd. In 2008, Helicon was acquired by White Mountains Insurance Group (NYSE: WTM).
Horsburgh & Scott Co.
The Horsburgh & Scott Co. manufactures highly engineered industrial gears and mechanical gear drives and is the leader in the large-diameter gear market. The company offers a wide array of gear types, engineering services for new or replacement installations. Edgewater sold Horsburgh & Scott to a financial buyer in 2013.
ITSolutions is an information technology consulting firm that provides mission critical program management, strategic planning, information technology engineering and infrastructure operations services to the federal government and private industry. Edgewater helped the ITS founders complete strategic acquisitions and then sold ITS to a financial buyer in 2009.
Mid America Recycling
Mid America Recycling provides expertise in creating and implementing cost effective, quality driven recycling programs for recyclers, waste haulers, landfills, cities and governments for the recycling of paper, aluminum, glass, plastic and other recyclable material. The company expanded through the acquisition of smaller recyclers in secondary markets while increasing profitability through new technologies. In 2007, Mid America was acquired by Greenstar North America, a subsidiary of Ireland-based NTR plc.
Nielsen-Kellerman designs and manufactures premium measurement instruments for enthusiasts, competitors and professionals in the outdoor, tactical, paddlesports and professional markets under the Kestrel and NK brands. The Company’s products include devices that measure real life environmental conditions (wind speed, humidity, temperature, etc.) and athletic performance (rowing and SUP), as well as rugged, waterproof audio products. NK solutions synthesize real-time data to provide decision makers with critical and actionable information in a simple output. Visit the company’s website at http://www.nkhome.com/.
PGI International manufactures and distributes instrumentation and engineered products for the energy industry worldwide. During Edgewater’s ownership, PGI expanded its global reach through manufacturing facilities in the U.S., Mexico and China with distribution centers in Russia, Singapore and Germany. Edgewater sold PGI to Parker Hannafin (NYSE:PH) in 2012.
PowerQuest is a leading software developer and technology pioneer, providing software solutions to simplify complex storage management issues. In 2003, PowerQuest was acquired by Symantec Corp. (NASDAQ: SYMC).
Private Bancorp Inc.
The Private Bank is a growing diversified financial services company with 36 offices in 10 states. The bank delivers customized business and personal financial services to middle-market and commercial real estate companies, as well as business owners, executives, entrepreneurs and wealthy families. Edgewater’s investment was concurrent with the hiring of Private Bank’s new CEO in 2007. The Private Bank is publicly traded (NASDAQ: PVTB). Visit the company’s website at www.theprivatebank.com.
Sechrist Industries manufactures and sells hyperbaric oxygen therapy chambers, other respiratory care equipment and ancillary products. Customers include hospitals, wound care center chains and international medical products distributors. Sechrist was sold in 2011.
Sensor Solutions Holdings (SSH)
Sensor Solutions Holdings (SSH) is a diversified manufacturer of specialized sensor equipment. To date, SSH is composed of two operating companies. Nielsen-Kellerman (www.nkhome.com) is a leading manufacturer of portable devises to measure environmental conditions for use in agriculture, fire fighting, industrial hygiene, mining, military and various recreational markets. Amptek Inc. (www.amptek.com) designs and manufactures instrumentation used in numerous non-destructive testing and elemental analysis applications. Amptek was sold to a strategic buyer in 2014.
Satellite Holdings, operating as Skyware Global, is a leader in the design, manufacture and distribution of systems for the global satellite industry. Skyware Global provides direct-to-home, enterprise VSAT and satellite broadband equipment for residential, commercial and government use. Edgewater helped expand Skyware’s global market coverage through strategic acquisitions. Visit the company’s website at www.skywareglobal.com.
Specialty Testing Services
Testing Services Holdings is a diversified provider of testing services across a range of specialties including health and safety, industrial hygiene and environmental testing. Holdings’ initial operating company, Galson Laboratories is a full service provider of analytical air testing services to evaluate and monitor workplace safety. Edgewater sold Galson in 2014 to SGS, SA, a Switzerland based leader in testing and inspection, to expand its presence to the U.S.
Based in Houston, Texas, SPL is the leading independent provider of outsourced hydrocarbon measurement, analysis and reporting services for oil and gas production. With a 70-year history of consistent operational excellence, SPL is a trusted provider of laboratory, field and production allocation services across its 14 strategic locations. Visit the company’s website at www.spl-inc.com.
State National Companies
State National is a 40 year old specialty insurance company that is the industry’s leader in providing Collateral Protection Insurance (“CIP”). The Company provides CIP to over 600 clients covering over 5.5 million loans. Visit the Company’s website at www.statenational.com.
TAL International is one of the world’s largest lessors of maritime shipping containers. TAL leases containers primarily under long term contracts to global shipping companies serving customers from facilities in over 40 countries. The company completed a successful IPO and is publicly traded (NYSE: TAL). Edgewater completed its sale of TAL stock in 2013.
Trausch Industries designs, manufactures and installs refurbished refrigerated food display cases primarily for supermarkets throughout the United States. Trausch was founded in 1980 and pioneered the concept of refurbishing or “reskinning” refrigerated display cases. In 2010, the company was acquired by Anthony International.
Westar Aerospace and Defense Group
Westar Aerospace and Defense Group is a leading provider of specialized technology and engineering solutions and services to the Department of Defense, U.S. Government agencies and aerospace industry customers. In 2004, the company was acquired by QinetiQ Ltd., a global defense services company controlled by the Carlyle Group.
Wound Care Solutions
Wound Care Solutions is the largest outpatient wound care management company in the U.S. operating under the name Diversified Clinical Services and Wound Care Centers, Inc. with more than 700 employees operating in 260 hospitals and 40 states. Wound Care Solutions was sold in 2011.
WRSCompass is an environmental engineering and civil construction company servicing a diverse base of commercial, federal and state clients. The company’s four primary lines of business include water resource management, sustainable development, environmental services and transportation. Edgewater’s prior portfolio company Compass Environmental was successfully sold to WRS Infrastructure in 2007.