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

Scott Knoll

Partner and VP of Corporate Development

Jeffery Tounge

Director and Partner

2 past transactions

DAVO Technologies

Corporate Round in 2018
DAVO Technologies, LLC specializes in sales tax payment solutions designed for small to mid-sized merchants and state governments. The company's flagship product, DAVO Sales Tax Merchants, automates the collection of sales and use tax from point-of-sale systems, ensuring accurate filing and timely payments to state authorities. This solution addresses the common challenges faced by businesses in managing sales tax compliance, eliminating the risk of late or incorrect payments. For state governments, DAVO Sales Tax Government facilitates the collection of outstanding sales tax owed due to non-compliance. Additionally, DAVO FranchisePay streamlines the collection of franchise royalty and advertising fees, remitting these payments to franchisers daily. Founded in 2001 and based in Montclair, New Jersey, DAVO Technologies integrates with various cloud-based POS platforms, providing a seamless and efficient process that allows merchants to focus on their core business operations.

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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