Florian Knappe

CFO

Jeffery Tounge

Director and Partner

2 past transactions

DAVO Technologies

Corporate Round in 2018
DAVO was created to solve the pain points in the payor/payee relationship; optimizing any recurring payment cycle, compressing time. Whether it’s a small to mid-sized merchant looking to simplify their sales tax payment method, a state government looking to collect sales tax securely, or a franchisor looking to streamline the collection of franchise royalty and advertising fees, DAVO has the solution. Our process is passive, seamless, and automatic. We optimize any recurring payment cycle of 30, 60 or 90 days (etc) and reduce that to 24 hours, compressing time. DAVO Sales Tax is the automated solution to the number one problem small to mid-sized businesses face when it comes to sales tax- having the funds available when it is time to pay. DAVO’s patented process automatically impounds the total sales tax collected daily, and files and pays when due. No need to worry about late or incorrect filing or paying penalties ever again. DAVO is integrated with multiple cloud based Point of Sale (POS) platforms such as Clover, Square, Revel, Poynt and QuickBooks Online. The entire process is seamless and automatic, eliminating the risk of missed, short or late payments. DAVO removes the friction points associated with sales tax compliance, affording merchants more time to focus on the profitable aspects of their business. DAVO does for sales tax what ADP and Paychex did for payroll.

Elmet Technologies

Acquisition in 2015
Elmet Technologies is a high-performance tungsten and molybdenum refractory metal product manufacturing and machining services. Our world-class manufacturing facilities fabricate to our global customer’s most exacting specifications. Elmet is a US owned and operated fully integrated company founded in 1929. Our history includes over 70 years as part of Royal Philips and Philips Lighting. Now US-owned and operated, our corporate headquarters and primary manufacturing site is in Lewiston, Maine. We serve customers globally via our sales and services offices in Europe, Japan, Korea, and Taiwan.
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