The portfolio companies included herein represent Windjammer’s current strategy as well as its current companies. Such companies are provided solely in order to illustrate Windjammer’s experience in the types of businesses included above and do not purport to be a complete list of all historical Windjammer investments. A full list of Windjammer investments is available upon request.
IPS is an industry pioneer delivering Intelligent Parking Systems and payment software to transportation and parking operations globally. The Company provides a fully-integrated Smart Parking Management Solution including single-space meters, multi-space pay stations, enforcement, permitting, and vehicle detection sensors, integrated via SaaS management software with Advanced Data Analytics.
Parking, mobility, and smart city solutions, encompassing hardware, software and payments. Installed base of meters, enforcement, and parking management solutions.
Compex is a leading, tech-enabled provider of outsourced medical records retrieval and litigation support services nationally. Founded in 1972, Compex has a track-record of providing high quality service, fast turnaround times and proven scalability to a blue-chip customer base including insurance carriers, third party administrators and law firms.
Medical records retrieval service providers or related technology platforms, litigation support services, and tech-enabled outsourced insurance claims workflow providers
Parts Town is the leading distributor of genuine OEM repair and maintenance parts for commercial kitchen equipment serving the foodservice parts, equipment and supplies market. The Company provides mission critical products that enable commercial kitchens to operate equipment safely and effectively, and also provides locally focused field service and technical support. Through its industry leading e-commerce platform, the Company offers its local, national and international customers broad access to parts inventory and provides highly customized solutions to food equipment manufacturers, food equipment service companies and restaurants.
Distributors of genuine OEM repair/replacement parts to commercial kitchens.
Hilco is a global distributor of branded and consumable professional eyecare products and optical accessories throughout the eye healthcare supply chain. The Company has a highly diverse suite of branded and non-branded optical products and accessories, offering more than 30,000 SKUs and an expansive distribution network, uniquely allowing the Company to serve both optical chains and independent optical locations alike as a "one-stop-shop."
Products, technologies or distribution related to eyecare products and accessories used in or sold through the professional or retail eye healthcare channel
Hermetic Solutions Group ("HSG") is the leading provider of advanced microelectronic packages, engineered components and interconnect solutions designed to ensure critical electronic systems function reliably in demanding environments where it is essential to control for factors such as weight, space, vibration, temperature, moisture, etc. HSG’s products support new build and system upgrades of high priority defense platforms, as well as niche applications in medical device, optical networking and industrial products.
Manufacturers of hermetic products, including connectors and electronic components, or similar products or technologies directly adjacent to hermetic packages, serving the aerospace and defense, medical device or other industrial markets.
Rowmark is a leading manufacturer and distributor of highly-engineered extruded plastic sheet and accessories to the engraving, signage and awards markets. The company delivers solutions through two complementary divisions: Rowmark, a manufacturer of engravable sheet products; and Johnson Plastics Plus, a leading distributor to the signage and engraving markets. Rowmark is the most recognized global brand of engravable sheet products worldwide, sold exclusively through an international network of authorized owned and independent distributors in more than 80 countries.
Distribution, products or technologies related to signage, including production, personalization, engraving, and/or sublimation markets.
Vital Records Control (“VRC”) provides a suite of information governance services and solutions. The Company offers offsite records storage, climate controlled storage, release of information services, vaulting services for media backups, destruction, mobile shredding, imaging services, records indexing services, and medical workflow solutions. VRC provides customers with industry leading security and chain-of-custody of sensitive documents, enabled by the Company's proprietary RF-based tracking system for stored records and strong security protocols. Further, VRC's proprietary software provides customers with reporting for document tracing, scan-on-demand, and simplified invoicing. VRC currently operates in more than 30 states throughout the US.
Records storage providers (documents, film and regulatory-driven sample storage) and related ancillary services (shredding, imaging, ROI and medical workflow solutions).
Advanced Instruments (“AI”) designs and manufactures analytical test and measurement instruments and consumables, serving an installed base of thousands of loyal end users in over 90 countries. AI is the world’s foremost authority on the application of Freezing Point Depression “FPD” technology for measuring the osmolality of solutions, a critical process analytical technology in biotech applications, including the rapidly growing fields of bioprocessing, cell and gene therapies. AI also serves the global clinical laboratory and food and beverage quality/safety testing markets with its suite of FPD testing products, and is developing a growing range of innovative instruments and consumables for use in microbiology and hematology applications.
Analytical instrument manufacturer or product line divestiture, with recurring revenue model, serving the biotech tools, clinical laboratory or food and beverage safety/quality markets.
Mission Critical Electronics (“MCE”) is a market leading provider of power conversion, battery charging, and battery products within niche specialty vehicle, public safety, marine and industrial markets under multiple operating brands: Kussmaul, Newmar, ASEA, Power Products, American Battery Charging, and Xantrex. The Company focuses on critical system applications where durability, reliability, and performance are essential to deliver immediately accessible power. MCE’s solutions address application specific requirements for 4,000 customers across 2,000+ branded SKUs. MCE has continuously provided leading product quality and reliability, with high levels of service that have enabled it to build strong reputations and customer loyalty in its served markets.
Providers of power electronics, battery chargers, and battery and battery-related products and services.
Heritage is the leading independent distributor of 100% genuine OEM replacement and repair parts for commercial kitchen equipment serving the foodservice parts, equipment and supplies market. The Company provides mission critical products that enable commercial kitchens to operate equipment safely and effectively. Heritage provides more than 43,000 stocked SKUs and has access to over 100,000 total SKUs, acting as a one-stop-shop provider to its customers. The Company partners with over 800 foodservice OEMs to source its products, delivering a high volume of low dollar transactions and a suite of maintenance and repair services to over 52,000 customers in the US and Canada.
Distributors of genuine OEM repair/replacement parts to commercial kitchens.
Flinn Scientific is a leading multichannel marketer of science-oriented educational products and content to the K-12 and Higher Education markets, offering a comprehensive product portfolio of over 8,400 private label and third party SKUs including packaged chemicals and solutions, laboratory equipment, and laboratory activity kits. In addition, the company provides SaaS teaching solutions and lab management software. The company actively sells to over 29,000 schools and 48,000 teachers across the US and Canada.
Science/Engineering oriented content and lab supply providers to the education market (K-12, Higher Ed).
RegO Engineered Controls International (“RegO”) is a leading global provider of mission critical, highly engineered flow control products used in the transportation, delivery, and storage of liquefied petroleum gas (“LPG”), liquefied natural gas (“LNG”), and cryogenic industrial gases. The company designs and manufactures a comprehensive range of flow control valves and regulators that are sold to domestic and international markets and are used in residential, industrial and clean energy transport applications. RegO sells products under industry leading brands RegO, Goddard, Macro and Superior, across the Americas, Europe, and Asia.
Manufacturers of flow control products used in transport, delivery and storage of LPG, LNG and cryogenic industrial gases.
Component Hardware Group (“CHG”) is a leading supplier of mission critical hardware components, value added sub-assemblies, and plumbing products to the foodservice equipment (“FSE”) industry. A unique ability to provide low volume, high mix product quantities on a just-in-time basis, coupled with in-house engineering capabilities and a global sourcing infrastructure, make CHG a critical supply chain partner for its customers, which include FSE OEMs, fabricators and restaurant chains.
U.S. manufacturer to expand domestic supply capabilities for sub-assemblies, or product lines (e.g., electrical/electronics & controls), serving FSE or adjacent industries.
GCS, headquartered in Jacksonville, Florida, with operations in Ontario, Canada, provides mission critical laboratory testing services and data analysis to insurance companies. GCS, which operates under the ITEL brand in the United States, tests damaged flooring, roofing and siding samples submitted by property insurers, claims adjusters and homeowners to determine the fair value to replace the policy’s holders damaged materials with a like kind and quality product. Additionally, GCS provides matching services for siding and roofing products. The Company serves as an independent lab and data source to ensure that all parties, including the policyholder, insurer and adjuster involved in the claims process are treated fairly. GCS is a leader in the industry and utilizes a proprietary database and testing methodology to provide highly accurate tests results within a 24 hour time frame.
Global Claims was sold to PNC Riverarch Capital in September 2017.
Headquartered in Costa Mesa, California, with operations in California, Georgia, the UK and China, JWC is one of the most recognized brands in the wastewater treatment equipment industry. JWC manufactures and services over 200 highly engineered variations of grinders, screens and processing systems, including the legendary Muffin Monster sewage grinder. Over 25,000 Muffin Monsters are installed globally to grind up the solid debris that ends up in wastewater pump stations, pipelines and sludge lines. The dual-shafted grinder protects pumps and downstream systems from clogging and potential damage.
JWC was sold to Sulzer Ltd. in January 2018.
A leader in the product protection industry for 60 years manufacturing caps, plugs, tubing, containers, edge liners, fasteners, netting, and masking products. The Company's line of protective closures are used in a wide range of industries and are mission critical to its customers throughout manufacturing, transportation and storage. Caplugs operates through a global footprint of four manufacturing and distribution facilities strategically located on the East and West coasts of the United States and in China. The Company specializes in injection molding, vinyl-dip molding and plastic extrusion, producing approximately 2 billion pieces per year.
Caplugs was sold to Berwind Consolidated Holdings, Inc. in March 2015.
A leading North American manufacturer of private label and store branded, dry shelf-stable dinners and side dishes. The Company serves a diverse customer base in the grocery retail, discount retail, wholesale, mass merchandiser, and specialty retail channels. Macaroni and cheese dinners, add-meat skillet dinners, rice dinners, and meatless side dishes are among the many products the Company manufactures.
S.T. Specialty Foods was sold to Treehouse Foods, Inc. (NYSE: THS) in October 2010.
A leading multi-channel, business-to-business direct marketer of radio frequency, microwave and fiber optic connectors, adapters, cables, cable assemblies and other components to over 27,000 companies in over 75 countries globally. The Company's products are used in a wide variety of electronics-based applications, including electronic instrumentation, military/aerospace electronics, telecommunications equipment, medical, industrial and transportation equipment, as well as computers, peripherals, and office equipment.
Infinite RF was sold to Genstar Capital in May 2016.
A leading supplier of remanufactured and new starters and alternators for the automotive, light truck, and heavy-duty vehicle aftermarket. BBB has over 2,000 employees and serves a diverse customer base of warehouse distributors, independent automotive parts retailers, and big-box automotive parts retailers.
BBB Industries was sold to a financial buyer in November 2014.
A pioneer and global leader in the development of screening and separation equipment used in a broad range of process industries, including industrial minerals, food, grain, chemicals and plastics. Rotex specializes in providing high-volume, solid-to-solid gyratory separation equipment to customers around the world who rely on Rotex machines to deliver 24/7 performance, consistent product quality and precise end product output.
Rotex was sold to Hillenbrand, Inc. (NYSE: HI) in August 2011.
A leading designer, manufacturer and catalog retailer of taxidermy forms and supplies, which caters to the enthusiast-driven hunting and fishing markets. McKenzie has demonstrated consistent sales and earnings growth due to a combination of selective acquisitions and organic growth.
McKenzie was sold to a financial buyer in March 2012.
A global leader in the design, development and manufacture of innovative dispensing solutions for the food service and beverage industries. ABC's proprietary products include the world's dominant hand-held soft drink and juice dispenser, an array of condiment and sauce dispensing products, and liquor and draft beer dispensing systems.
Automatic Bar Controls was sold to Middleby Corporation (Nasdaq/NGS: MIDD) in December 2013.
A global market leader providing highly engineered, mission critical components used in web process manufacturing applications. The Company's line of web accessory products is the broadest in the industry and includes web-guiding systems, winding products, slitting products and systems tension controls, and inspection products. Maxcess equipment is manufactured in the United States and Europe, and sold globally under the Fife, Tidland and MagPowr brands.
Maxcess was sold to a strategic buyer in January 2014.
A leading pharmaceutical marketing services firm specializing in providing a broad range of strategic value-added services to pharmaceutical and biotechnology companies worldwide. HealthSTAR’s product offering includes advertising agency services, continuing education, sample fulfillment, patient recruitment, physician meetings and symposiums, as well as direct-to-customer marketing through controlled venues.
An environmental consulting company specializing in remediation consulting for contaminated industrial sites with a focus on the petroleum, transportation and utility industries. RETEC’s senior management team has a 15-year track record of consistently and profitably growing the business ahead of industry growth rates. Over this period the Company has developed strong, long-standing relationships with a core group of key clients, providing a solid base on which to continue to grow the business both organically and through acquisitions.
RETEC was sold to AECOM Technology Corps. in January 2007.