Anania & Associates Investment Company

Anania & Associates Investment Company LLC is a private equity firm based in Portland, Maine, established in 2008. The firm specializes in investing in a diverse range of sectors, including natural resources, industrials, healthcare, education, manufacturing, software, and distribution. With a focus on the Maine region, Anania & Associates aims to support the growth and development of companies within these industries through strategic investments.

Florian Knappe

CFO

Jeffery Tounge

Director and Partner

2 past transactions

DAVO Technologies

Corporate Round in 2018
DAVO Technologies, LLC specializes in developing automated sales tax payment solutions for small to mid-sized merchants and state governments. Founded in 2001 and based in Montclair, New Jersey, the company offers DAVO Sales Tax Merchants, which helps businesses seamlessly collect and manage sales tax directly from their POS systems, while also ensuring timely filing and payment to state authorities. Additionally, DAVO Sales Tax Government aids state governments in collecting current and outstanding sales taxes owed due to non-compliance. The company also provides DAVO FranchisePay, which automates the collection and remittance of franchise royalty and advertising fees from franchisees to franchisers. DAVO's solutions streamline the payment process, significantly reducing the time required for transactions, and are integrated with various cloud-based POS platforms, thereby enhancing compliance and allowing merchants to concentrate on their core business activities.

Elmet Technologies

Acquisition in 2015
Elmet Technologies, LLC is a manufacturer specializing in high-performance products made from molybdenum and tungsten, catering to various industries including aerospace, medical imaging, defense, and semiconductor sectors. Established in 1929 and headquartered in Lewiston, Maine, the company operates manufacturing facilities in Maine, Covington, Georgia, and Chengdu, China. Elmet Technologies offers a diverse range of products, such as collimators for medical imaging, sputtering targets, crucibles, and various components for furnaces and semiconductor tooling. In addition to manufacturing, the company provides contract services that include engineering, design, and toll rolling to meet specific client requirements. With a global presence, Elmet serves customers across the United States, Europe, and Asia through a network of sales representatives and offices located in key international markets.
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