Portfolio
The following companies are members of the NewSpring Mezzanine portfolio:
Archive Systems
Archive Systems' vision is to change the way organizations view document processing by enabling them to virtualize the back office. The Company was founded in 1991 to address the demands of businesses overwhelmed with paper and seeking a records storage company to solve their paper storage issues. In 1998, Archive Systems, Inc. pioneered the first services-based, on-demand document management solution, ASPEN. ASPEN automates, streamlines, and optimizes complex processes to manage the flow of document-based work throughout an organization. It bridges the automation gaps that are so prevalent in back-office business processes where people, paper and process collide. ASPEN Accounts Payable combines best practices AP Automation with ZeroTouch AP imaging and workflow. To learn more about Archive Systems, Inc., visit the Company's website at www.archivesystems.com.
Cellucap Manufacturing Co.
Cellucap Manufacturing Co. manufactures and sells disposable apparel for foodservice, industrial, safety, healthcare, and critical environments. Its products include chef hats, hairnets, koronets, bouffants, caps, gloves, aprons, visor caps, sleeves, bibs, coats, jackets, shirts, pants, coveralls, jumpsuits, smocks, shoe and boot covers, gowns, and accessories and dispensers. The Company was founded in 1954 and is based in Philadelphia, Pennsylvania. www.cellucap.com
Climax Manufacturing Company
Climax Manufacturing Company was formed in 1902 by Samuel Hirschey, who invented and subsequently patented and manufactured chicken incubators and brooders. About 10 years later, the packaging division began to make fiberboard cheese drums to support local cheese production; it then branched out into meat packers and other folding-carton applications. Today the Company is a leading producer of retail gift boxes and supermarket deli and bakery packaging. In the mid 1930’s, Climax acquired Carthage Papermakers, a manufacturer of recycled, uncoated paperboard. While much of the Paperboard Division’s recycled paperboard is still consumed by the Packaging Division, it has also become the leading producer o f matboard used in picture framing supplied to the graphics arts industry. www.climaxpkg.com
CODi, Inc is a premier provider of mobile business solutions, from a complete line of light-weight, quality laptop carrying cases to mobile accessories and security solutions. Since 1992, our products have been simplifying mobile life. We are committed to producing the highest quality products and deliver superior value to all of our corporate customers as we have for the past two decades. In addition, our customer service is still second-to-none in the industry. To learn more about CODi Inc. please visit www.codidirect.com.
Emtec, Inc.
Emtec, Inc. established in 1964, provides information technology ("IT") services and products to the federal, state and local government, education and commercial markets. Emtec helps clients identify and prioritize areas for improvement and then implement process, technology and business application improvements that reduce costs, improve service and align the delivery of IT with the needs of their organizations. Emtec's market leading value based management methods, coupled with best-in-class IT technology, consulting and development services, address a wide range of specific client needs, as well as support broader IT transformation initiatives. Emtec's service capabilities span the USA, Canada and countries around the globe. For more information visit: www.emtecinc.com.
Faxitron X-Ray
Faxitron X-Ray Corporation is engaged in the development, engineering, assembly, distribution and servicing of cabinet x-ray systems (SIC 3826 NAICS 334516). Over the last 30 years, Faxitron systems have become the standard in small cabinet x-ray systems. The cabinet x-ray system's size and radiation-safe enclosure make it ideal for portability and can be used almost anywhere. A modular design is utilized for ease of service, product options and upgrades. Today, the success of the Faxitron product lines has resulted in the installation of over 5,000 units worldwide. www.faxitron.com
International Development Corporation
International Development Corporation, or IDC Westinghouse Solar, is a global leader in solar and other alternative residential outdoor lighting products. IDC designs, markets and distributes residential outdoor lighting to major retailers throughout the United States and Canada. Products include solar, low-voltage and other LED related outdoor residential lighting. IDC is also an exclusive licensee of the Westinghouse brand for its outdoor solar lighting products. www.westinghousesolarlights.com
Internet Fitness
Internet Fitness, LLC is the marketer of a proprietary line of quality fitness equipment sourced via exclusive distribution agreements with key suppliers. The company markets its products under the brand names: Smooth Fitness, EVO by Smooth, Momentum, Pulse and Strive. The Company operates from a combined headquarters and warehouse location in Mount Laurel, NJ with satellite distribution centers in South Jersey and Nevada. www.internetfitness.com
The Matworks
The Matworks, LLC, is a 40 year old company whose primary business is to supply specialty entrance flooring to the top retailers in the country. As the nation's leading provider of matting and specialty flooring, The Matworks offers innovative and quality-engineered products. www.thematworks.com
MEDIA MARKET GROUP
Media Market Group
MMG operates an online hotel and travel reservation company selling hotel rooms and other travel products direct to consumers and businesses. The Company generates sales through two websites: hotel-and-discounts.com and hotelreservations.com. The Company is a leading affiliate of Expedia through which it gains access to thousands of hotel and travel discounts. For more information on MMG, visit www.hotelreservations.com.
MinSec Holdings, Inc
MinSec Holdings Inc., a private company, incorporated in Delaware and headquartered in Wallingford, Pennsylvania, was founded in 1995 by a father and son team John McDougall and Sean McDougall. the Company primarily operates Community Corrections Facilities, Behavioral Health
Treatment Centers, and Outpatient Programs for the treatment of chemical dependency and mental health disorders. Through its residential programs, inmates receive individual assessment and rehabilitation services along with appropriate counseling, chemical dependency treatment, educational and vocational assessment and mental health and behavioral health management. Outpatient services allow MinSec to provide the full continuum of care with treatment for substance abuse that includes special emphasis on related criminal behaviors and relapse prevention. MinSec’s residents are typically adult males serving the last three to six months of their sentence and who are preparing for re-entry into society at large. MinSec’s outpatient population consists primarily of offenders released on probation or parole. To learn more about MinSec Holdings, Inc., please visit the company’s website at www.minsec.com
National Manufacturing
National manufactures highly engineered, deep drawn enclosures for medical devices, aerospace, electronics and energy storage products. Over its 60+ years in operation, National has developed the manufacturing know how necessary to meet the exacting demands of its customers. www.natlmfg.com
Quantum Global Technologies, LLC
QuantumClean is a leading provider of high-purity outsourced process tool parts cleaning and restoration services, tool part life extension and process tool part optimization solutions for semiconductor fabricators. The company operates technologically innovative cleaning centers which provide process improvement through consistently cleaner parts®. Founded in 2000, QuantumClean is headquartered in suburban Philadelphia, with Advanced Technology Cleaning Centers® in the Silicon Valley, Pacific Northwest, Arizona, Colorado, Texas and New England regions as well as in Asia. www.quantumclean.com.
Solomon Edwards Group
Founded in 1999, SolomonEdwardsGroup is a leading professional services firm that has successfully combined business consulting and accounting services such as internal audit, regulatory compliance, risk management, systems integration, and business process improvement with staffing and resource management. Since inception, the firm has expanded from their headquarters in the Philadelphia suburbs to three additional markets – Atlanta, GA; Washington, DC; Chicago, IL; Dallas, TX; and Northern New Jersey. www.solomonedwards.com
Southeast Directional Drilling
Southeast Directional Drilling was founded in 2002 and subcontracts large bore directional drilling services to the large diameter pipeline construction industry. The Company provides technical directional drilling services for pipeline installation in environmentally and ecologically sensitive areas and under existing man-made infrastructure. www.southeastdrilling.com
Thermacore International, Inc.
Founded in 1970, Thermacore specializes in the design, development and manufacturing of high performance thermal management systems and components for the computer, military, aerospace, energy conversion, medical, and telecommunications markets. Based in Lancaster, Pennsylvania, Thermacore has more than 175 employees, holds over 90 active patents, and operates 2 facilities located in Lancaster, Pennsylvania USA and Ashington, Northumberland United Kingdom. www.thermacore.com
Transcend United Technologies
Transcend United Technologies provides cost-effective IT, network, and telecom solutions for the mid-market. Transcend United delivers products and expertise in technologies such as Voice-over-IP telephony, WAN Optimization, data center management, and data replication. With these offerings, Transcend helps organizations solve real business problems such as optimizing voice and data networks, improving call center performance, ensuring business continuity in case of a disaster, complying with major regulatory standards (such as SAS 70 and PCI DSS), and reducing staffing and operations costs in the data center. One of the largest Value-Added Resellers in the US, Transcend is headquartered in Springfield, PA, has a major regional office in Minneapolis, and sales offices in Chicago and Boston. www.transcendunited.com
V12 Group
V12 Group is the complete provider of measurable, multi-channel direct marketing
solutions dedicated to increase customer acquisition and retention. We provide our clients with a strategic and integrated approach to direct marketing services that are all available through one resource. Utilizing proprietary hybrid and specialty select databases, we offer a multi-platform distribution model to deliver measurable results. www.v12groupinc.com
York Telecom Corporation
York Telecom is a leading provider of visual communication services and solutions for educational institutions, the federal government, state and local governments, healthcare facilities, and Fortune 1000 companies. The company offers total managed conferencing services, professional video production, design consulting, systems integration and maintenance services for applications including video-conferencing, presentation systems, streaming media, telemedicine, and distance training. Founded in 1985, York Telecom is headquartered in Eatontown, NewJersey. www.yorktel.com
NEWSPRING MEZZANINE - EXITS
Alfred Angelo
December 2007
December 2010
Quest Discovery Services
February 2010