Arsenal Capital Partners

Arsenal Capital Partners is a private equity firm based in New York, established in 2000. The firm specializes in providing investment services to lower middle-market companies within the healthcare and industrial sectors. By focusing on these specific areas, Arsenal Capital Partners aims to drive growth and create value through strategic investments.

George A. Abd

Operating Partner

Ryan Berman

Principal

Darius C. Brooks

VP

Robbie Cahill

Vice President

Robert Cahill

Principal

Ian Chan

Senior Associate

Tony Clewlow

Senior Associate

Richard Colonel

Operating Partner, Sales and Marketing

Donald Deieso

Operating Partner

Jessica Delfino

Principal

John DiGiovanni

Investment Partner

Robert Farmer

Associate

Matt Fernandes

Associate

Sal Gagliardo

Operating Partner

Devon Gobbo

Associate

Jeremy Goldberg

Operating Partner, Sourcing and Business Development

Gene Gorbach

Investment Partner

Eugene Gorbach

Investment Partner

Patricia Grad

Senior MD, Head of Investor Relations

Ayushi Gupta

Associate

Henrik Hartmann

Senior Associate

Thomsen Hearne

Associate

Taylor Holland

Vice President

Peter B. Hurley

Associate

David Kim

Associate

Jeffrey Kovach

Managing Partner

Jonathan Laifer

Vice President

Rick Li

Senior Associate

Paul Lipari

Associate

Alex Mansfield

Principal

Joelle Marquis

Senior Partner

Jon Mattern

VP

Jonathan Mattern

Associate

Steve Mclean

Senior Partner

Madison Meyer

Investor Relations Analyst

Terrence Mullen

Managing Partner

Terry Mullen

Managing Partner

Blake Niehaus

Senior Associate

Michael J. O'Connor

Operating Partner

Brian Orkin

Investment Partner

Mark Pfister

Associate

Barry Graham Porter

Industry and Operations Partner

BG Porter

Operating Partner

Joseph Rooney

Investment Partner

Tristan Saeed

Associate

Joseph Salley

Operating Partner

Frank Scrudato

CFO, CCO

Roy Seroussi

Investment Partner

Jacqueline Simek

Vice President of Finance

Robert Sorrel

Principal

David Spaight

Operating Partner

Dave Spaight

Operating Partner

Harish Sriram

Associate

John Televantos

Senior Partner

Matthew Teller

Vice President

Alexandra Wang

Associate

Robert Weiner

Associate

Jacob Weiss

Associate

Yoonmo Yang

Vice President

Tim Zappala

Senior Partner

Elisabetta Zhang

Vice President of Finance

Jennifer Zhou

Vice President

37 past transactions

Epic Sciences

Series G in 2023
Epic Sciences, Inc. is a diagnostics company based in San Diego, California, that specializes in developing sensitive tests for identifying and molecularly characterizing circulating tumor cells (CTCs) from minimally invasive blood samples. The company utilizes a platform that profiles single-cell phenotype and genotype, offering insights into phenotypic measures, specific biomarker expression levels, subcellular biomarker localization, and morphologic characteristics. Additionally, Epic Sciences provides the Oncotype DX AR-V7 Nucleus Detect test for patients with metastatic castration-resistant prostate cancer and offers solutions for biopharmaceutical companies. The company collaborates with various biotechnology and pharmaceutical firms, as well as major cancer centers and research institutions, to enhance cancer management and guide personalized medicine. Founded in 2008, Epic Sciences is dedicated to improving access to real-time biopsy material for better patient outcomes.

Epic Sciences

Series F in 2022
Epic Sciences, Inc. is a diagnostics company based in San Diego, California, that specializes in developing sensitive tests for identifying and molecularly characterizing circulating tumor cells (CTCs) from minimally invasive blood samples. The company utilizes a platform that profiles single-cell phenotype and genotype, offering insights into phenotypic measures, specific biomarker expression levels, subcellular biomarker localization, and morphologic characteristics. Additionally, Epic Sciences provides the Oncotype DX AR-V7 Nucleus Detect test for patients with metastatic castration-resistant prostate cancer and offers solutions for biopharmaceutical companies. The company collaborates with various biotechnology and pharmaceutical firms, as well as major cancer centers and research institutions, to enhance cancer management and guide personalized medicine. Founded in 2008, Epic Sciences is dedicated to improving access to real-time biopsy material for better patient outcomes.

OncoHealth

Private Equity Round in 2022
OncoHealth specializes in oncology benefits management solutions, offering services such as prior authorization, clinical decision support, physician education, expert peer review, and performance reporting. The company also features MATIS, a clinical decision support software designed for healthcare plans and providers, which enhances the analysis of cancer treatment and benefits management. Founded in 2009 and headquartered in Atlanta, Georgia, with an additional location in Plantation, Florida, OncoHealth employs a data-driven approach to help health plans, providers, and patients navigate oncology care. Its prior authorization platform supports approximately 5 million health plan members across the United States and Puerto Rico, addressing a comprehensive range of cancer treatments, including chemotherapy, radiation therapy, precision medicine, targeted therapy, and supportive care.

Applied Adhesives

Acquisition in 2021
Applied Adhesives, founded in 1971 and headquartered in Minnetonka, Minnesota, is a leading distributor of adhesives and dispensing equipment technology. The company specializes in a range of adhesive solutions, including hot melt adhesives suitable for various applications, from food packaging to medical uses. It also offers water-based adhesives such as resins and emulsions, along with reactive adhesives like methyl methacrylate, MS polymer, and acrylic tapes. Applied Adhesives serves diverse industries, including packaging, industrial manufacturing, graphic arts, and woodworking, providing tailored adhesive products to meet specific customer needs.

Best Value Healthcare

Acquisition in 2020
Best Value Healthcare LLC owns and operates as a health care center for geriatric patients in Central and South Florida, United States. Best Value Healthcare LLC was incorporated in 2015 and is based in Lakeland, Florida.

Cello Health

Acquisition in 2020
Cello Health delivers cutting-edge professional medical and marketing services to the global pharmaceutical, biotechnology and health sectors. Cello Health consists of three distinct capabilities to deliver a fusion of expertise to unlock the potential of organisations, brands and assets:

BresMed

Acquisition in 2020
BresMed is a health economic and outcomes research consultancy that provides health economic solutions to the global pharmaceutical industry.

WCG

Private Equity Round in 2019
WCG is a prominent provider of regulatory and ethical review services for human research, focusing on enhancing the quality and efficiency of clinical studies. The company reviews new research protocols and offers a range of services including clinical and human gene therapy research, laboratory biosafety consulting, and solutions for human research protections. WCG also provides online learning resources, an electronic informed consent solution to streamline clinical processes, oncology review services, and a cloud-based platform for managing research activities. Serving a diverse clientele that includes large pharmaceutical companies, biotechnology firms, and contract research organizations, WCG is committed to accelerating the delivery of new treatments while upholding high standards of human subject protection. Founded in 2012 and headquartered in Princeton, New Jersey, WCG operates multiple locations across the United States and in Tokyo, Japan, and has established a strategic partnership with InformedDNA.

Caprion

Acquisition in 2019
Caprion Proteomics, Inc. is a clinical research organization based in Montreal, Canada, specializing in proteomics and immune monitoring services tailored for the pharmaceutical and biotechnology sectors. The company provides two primary platforms: ImmuneCarta, which employs multiparametric flow cytometry for in-depth analysis of immune responses, and ProteoCarta, which utilizes gel-free and label-free mass spectrometry for comparative protein measurement across biological samples. Caprion's comprehensive services include biomarker discovery, cell sorting, clinical laboratory services, and various assays aimed at enhancing drug development across multiple disease areas, including autoimmune, cardiovascular, metabolic, neurology, and infectious diseases. By integrating its immune monitoring and proteomics capabilities, Caprion aims to facilitate precision medicine and streamline novel drug development processes. Founded in 2000, Caprion operates as a subsidiary of HistoGeneX NV and has established a strategic partnership with Viroclinics-DDL.

Seal For Life Industries

Acquisition in 2019
Seal For Life Industries encompasses a number of leading industry brands. Their headquarters are located in Stadskanaal, the Netherlands, with a number of offices around the world. This enables us to give their customers the highest levels of support. They attach great value to the integration of their partners, and pursue close and mutually rewarding relationships with customers and business partners alike.

Airnov Healthcare Packaging

Acquisition in 2019
Airnov is a manufacturer of desiccant and oxygen scavenging products primarily serving pharmaceutical, diagnostic, and nutraceutical markets.

Revolution

Acquisition in 2019
Revolution is a manufacturer based in Little Rock, Arkansas, specializing in closed-loop plastic bags and related products for agricultural, consumer, and industrial markets. The company focuses on developing environmentally friendly plastics aimed at reducing environmental impact while serving various sectors. By emphasizing sustainability, Revolution aligns its operations with a mission to create products that contribute positively to the environment.

Hopebridge

Acquisition in 2019
Hopebridge, founded in 2005 and headquartered in Indianapolis, Indiana, provides a comprehensive range of outpatient services tailored to children requiring behavioral diagnosis and applied behavioral analysis (ABA), as well as occupational, feeding, and speech therapies. The organization operates autism therapy centers across multiple states, including Indiana, Kentucky, Georgia, Ohio, Colorado, and Arizona. Hopebridge specializes in addressing various challenges, such as neurological, genetic, and sensory processing disorders, language delays, and other behavioral concerns. In addition to therapy services, the company offers diagnostic assessments to identify the underlying causes of behavioral delays, ensuring that children receive appropriate and effective care in center, home, and school environments.

Accumen

Acquisition in 2019
Accumen Inc. is a healthcare performance partner that focuses on enhancing clinical laboratory, patient blood management, and imaging services. Founded in 2011 and headquartered in San Diego, California, with an additional office in Phoenix, Arizona, Accumen collaborates with hospitals and health systems to improve healthcare delivery standards in terms of speed, quality, patient safety, and experience. Unlike traditional outsourced laboratory services, Accumen operates labs directly, allowing health systems to maintain control over their continuum of care. This innovative model aims to achieve significant improvements in laboratory efficiency and excellence by optimizing and modernizing operations through a comprehensive strategy that integrates people, processes, and technology.

Polytek Development

Acquisition in 2018
Polytek Development Corp. manufactures the most complete and versatile line of liquid mold rubbers, liquid casting plastics/resins/foams and other specialty molding and casting materials. These mold materials include two-part, high-performance RTV polyurethane silicone as well as one-part latex and other specialty systems. Polytek liquid rubbers and plastics are used in countless applications where the flexibility and ease-of-use of rubber molds are needed to create exact, highly detailed reproductions of any original model in concrete, plaster, resin, foam, wax and more. Individual artists, sculptors, hobbyists, model makers and industrial users rely on Polytek products and technical support to accurately mold and reproduce parts quickly, consistently and cost-effectively.

Epoxy Technology

Acquisition in 2018
Epoxy Technology, Inc., founded in 1966 and located in Billerica, Massachusetts, specializes in the development and manufacture of high-performance adhesives and coatings. The company is recognized for its innovative specialty epoxy, ultraviolet, and hybrid adhesives, which are designed to meet the stringent performance requirements of various high-tech industries. Epoxy Technology serves a diverse range of markets, including semiconductor, microelectronics, medical devices, military, automotive, optical, solar, and aerospace sectors. As a supplier to these advanced technology industries, the company emphasizes product innovation and high manufacturing standards. Epoxy Technology operates as a subsidiary of Meridian Adhesives Group LLC.

Adhesives Technology

Acquisition in 2018
Adhesives Technology Corporation is a prominent manufacturer of specialty adhesives primarily serving the infrastructure and construction industries. With over forty years of experience, the company produces a diverse range of adhesives, including epoxies, polyurethanes, polyureas, acrylics, and ester blends. Their well-known product brands, such as ULTRABOND®, MIRACLEBOND®, and CRACKBOND®, are widely recognized and specified across North America. These adhesives are designed for various applications, including anchoring, doweling, bonding, joint filling, concrete repair, and maintenance. The company offers one of the broadest selections of adhesives and packaging systems in the industry, catering to heavy-duty construction, industrial needs, and consumer DIY projects. With an in-house laboratory and a strong focus on research and development, Adhesives Technology Corporation continues to innovate and provide solutions tailored to both everyday and specialized requirements.

Fralock

Acquisition in 2018
Fralock is a specialty materials company that designs, engineers, and manufactures high-performance components and subassemblies for world-class companies in the semiconductor equipment, life science, aerospace, and satellite industries.

Breen Color Concentrates

Acquisition in 2017
Breen Color has been providing custom color and additive concentrates to the plastics industry for over 30 years. Since its inception in 1976, Breen has grown in size and capability and has established itself as one of the leading suppliers of plastic colorants to the blow molding, wire and cable, extrusion/injection molding, compounding and roto-molding markets. Breen’s personal commitment to meeting the needs of the plastics industry is supported by a staff comprised of long term Breen employees and new additions of experienced professional managers in General Management, Sales and Marketing, Manufacturing, Technical and Finance. Breen’s formulation experience in a wide range of polymers has created a diverse portfolio of standard and custom color concentrates with which they can meet many of your immediate needs. Their extensive knowledge and database of pigment, resin and additive properties can also be utilized to rapidly develop custom color concentrates to meet any special requirement. Breen Color’s compounding equipment has been customized to provide rapid order turnaround while maintaining the exacting quality requirements of an ISO-9001 registered facility. Their pelletizing equipment is state-of-the-art and is capable of producing multiple pellet geometries. This ensures product consistency regardless of order size and provides the option of choosing the pellet form (diced, underwater cut or minibead) that works best in your application.

Carolina Color

Acquisition in 2017
Carolina Color Corporation produces color concentrates for the plastics industry in the United States and internationally. It offers G2 line of colorants for outdoor durable, packaging, and industrial and non-automotive transportation applications; and G3 line of colorants for packaging, housewares, lawn and garden, and transportation applications. The company was incorporated in 1967 and is based in Salisbury, North Carolina. The company has facilities in Salisbury, North Carolina; and Delaware, Ohio.

Cyalume Technologies

Acquisition in 2017
Cyalume Technologies designs, develops and produces extremely reliable Chemical & Electronic Lights for Safety & Security applications. Proven by the world's top Militaries, Cyalume is working diligently to continue development of leading edge light technologies and deliver products to everyone that needs to see their way to safety.

Spartech Corporation

Acquisition in 2017
Spartech Corporation, together with its subsidiaries, operates as an intermediary processor of engineered thermoplastics, polymeric compounds, and concentrates. It operates in three segments: Custom Sheet and Rollstock, Packaging Technologies, and Color and Specialty Compounds.

Peterson Chemical Technology

Acquisition in 2016
Peterson Chemical Technology (PCT) is a manufacturing and distribution company specializing in foam additives, specialty polyols, systems, and applications development for viscoelastic "memory" foam. PCT has been providing innovative technology in the comfort industry for over a decade and is the inventor of open-cell viscoelastic foam and gel-infused foam technologies, as well as a wide range of polyols, additives, and specialty products designed to accommodate the diverse possibilities of viscoelastic foam.

Aptimmune

Series A in 2016
Aptimmune Biologics Inc. is a biotechnology company dedicated to the development of prophylactic measures against viral diseases affecting swine. Founded in 2010, the company focuses on creating innovative mucosal vaccines to prevent significant diseases such as Porcine Reproductive and Respiratory Syndrome virus (PRRSV) and influenza. Aptimmune employs novel technologies, including a proprietary pig alveolar macrophage cell line known as ZMAC, to enhance the efficacy of its nasal delivery vaccines. While the company was originally based in St. Louis, Missouri, its operations are currently located in Champaign, Illinois.

Elite Foam

Acquisition in 2016
Elite Foam, Inc. is a specialty manufacturer of flexible polyurethane foam, based in Newnan, Georgia. Established in 2011, the company develops a range of innovative foam products designed to enhance performance and improve user comfort. Among its offerings are CoolFlow, which promotes heat transfer through enhanced conductivity; Graphite-Gel, an infused foam that combines multiple conductive materials for thermal regulation; and ThermaGel, which adjusts to individual body shapes for optimal support. Additionally, ThermaPhase Gel incorporates phase change materials for temperature regulation, while Energex provides a responsive alternative to traditional viscoelastic foam. Elite Foam primarily focuses on creating products that elevate the sleep experience for consumers, distinguishing itself through superior quality and unique characteristics.

Pacific Urethanes

Acquisition in 2016
Headquartered in Ontario, California, Pacific Urethanes, develops and commercializes proprietary foam products that service its customers’ needs, with a focus on novel technologies for the bedding market. Pacific Urethanes’ technology and solutions are applicable to a broad range of markets including specialty bedding, furniture, packaging and recreational market segments.

Peach State Labs

Acquisition in 2015
Peach State Labs, LLC is a full-service technology company specializing in polymer chemicals. With their annual sales in the millions, they service customers worldwide focusing on key industries including flooring, textiles, coatings & paints, consumer products, leather, institutional water treatment, and Bio-Fuels. Their chemicals are developed with solution-based results to help make products more durable, safer, and more environmentally friendly.

Juristat

Seed Round in 2015
Juristat specializes in transforming public patent data into actionable analytics to assist firms and in-house counsel in optimizing patent prosecution strategies. The company's platform employs natural language processing to analyze data from the United States Patent and Trademark Office, creating detailed behavioral models of patent examiners. This analysis is encapsulated in the Examiner Report, which examines historical behaviors of examiners to forecast their future actions. By utilizing these insights, legal counsel can enhance allowance rates, reduce time to allowance, and lower costs by avoiding ineffective strategies, particularly when responding to adverse office actions. Juristat's extensive database includes complete image file wrappers for over 5.5 million patent applications, covering 99% of active art units and examiners. The platform allows for filtering results by various criteria, including individual examiners and application types, while also tracking changes in examiner behavior over time.

KEW

Series B in 2014
KEW, Inc. is a genomic testing company focused on personalized cancer treatment. Based in Cambridge, Massachusetts, it offers a range of services that assist oncologists in making informed treatment decisions based on the genetic characteristics of individual tumors. KEW utilizes its proprietary CANCERPLEX testing service, which includes various panel options such as CANCERPLEX FP for full genomic analysis, CANCERPLEX TS for specific tumor types, and CANCERPLEX TX for FDA-approved targeted therapies. By providing these genomic insights, KEW aims to enhance the precision of oncology care, enabling healthcare providers to deliver tailored therapies that align with each patient's unique genetic profile. The company was founded in 2009 and has evolved to support community oncology practices in optimizing patient care through advanced genomic information.

ADCO Global

Acquisition in 2013
ADCO Global is a manufacturer of adhesives and sealants serving niche applications in the commercial roofing, solar, non-automotive transportation (e.g., bus, truck, rail), and insulated glass markets. The company has a global production footprint and serves as a dedicated partner to major industrial clients.

Royal Adhesives and Sealants

Acquisition in 2010
Royal Adhesives & Sealants is a leading global manufacturer and marketer of high performance adhesives, sealants, encapsulants and polymer coatings. These high performance products are used in a variety of markets including aerospace and defense, automotive, recreational vehicle, bus, truck and trailer, rail, marine, insulated glass, solar, wind, assembly, electrical, electronics, filter, printing, packaging, laminating, roofing and flooring. They offer a broad spectrum of thermosetting epoxy, urethane, and methyl methacrylate structural adhesives, moisture cured urethanes and MS adhesives and sealants, butyl and MS reactive hot melt adhesives and sealants, cyanoacrylate and anaerobic adhesives, energy cured acrylate adhesives and coatings and rubber and acrylic based adhesives, sealants and polymer coatings formulated to meet the most demanding adhesive, sealant and coating applications.

TEMPO MONEY TRANSFER

Venture Round in 2008
Tempo is creating the easiest, fastest and most secure bridge between cash and crypto. Check out our draft white paper attached and our online ICO site at http://ico.tempo.eu.com/ Tempo is a French licensed, Paris-based, European-wide anchor for Stellar blockchain payments. The company offers online, offline and digital backed remittances to nearly 100 destination countries with over 300 physical agent locations. Tempo already makes it easy to purchase digital assets. We facilitate the process by using our large, physical payment network and extensive experience in the remittance and digital asset space. Whether allowing customers to purchase digital assets from their mobile app or at agent locations, Tempo provides a fast, easy and secure bridge to purchasing digital assets. Likewise, Tempo proposes to make it easy to sell and redeem digital assets via our global banking network. Tempo received its EU-wide, payment service directive license in 2011 from the Autorité de Contrôle Prudentiel arm of the Banque de France and subsequently created an extensive remittance network through agreements with many banks and financial institutions around the world.

Arsenal Capital Partners

Acquisition in 2008
Arsenal Capital Partners is a private equity firm based in New York, established in 2000. The firm specializes in investing in lower middle-market companies within the healthcare and industrial sectors. By focusing on these industries, Arsenal aims to support the growth and development of its portfolio companies through strategic investments and operational improvements.

Reilly Industries

Acquisition in 2005
Reilly Industries is a specialty chemicals manufacturer.

Scientific Protein Labs

Acquisition in 2004
Scientific Protein Laboratories is a biopharmaceutical company based in Waunakee, Wisconsin, that specializes in the development and manufacturing of active pharmaceutical ingredients (APIs) for the pharmaceutical, veterinary, and food industries. Founded in 1976, the company produces a range of products, including heparin and pancreatic enzyme products, along with derivatives and custom formulations. Scientific Protein Laboratories offers comprehensive contract services, encompassing natural product extraction, fermentation, purification, and analytical support, aiding clients throughout various stages of clinical development to commercial launch. The company also assists clients with regulatory compliance, providing critical documentation for regulatory filings and offering process validation and equipment qualification services.

Rutherford Chemicals

Acquisition in 2003
Rutherford Chemicals is a new, integrated specialty chemical organization with a heritage of performance and expertise in the chemical industry. They have combined the strength and skills of five established companies: CasChem, Heico Chemicals, Nepera, Seal Sands Chemicals and Zeeland Chemicals. The dynamic combination of facilities, expertise and global sourcing capabilities is unique. Rutherford Chemicals is ready to meet your fine and specialty chemical needs - from grams to tons.