Anania & Associates Investment Company

Anania & Associates Investment Company LLC is a private equity firm established in 2008 and based in Portland, Maine. 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 Maine and its surrounding areas, Anania & Associates aims to foster growth and innovation within its portfolio companies by providing capital and strategic support, thereby contributing to the local economy and industry development.

Florian Knappe

CFO

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 specializes in the design, manufacture, and sale of products made from molybdenum, tungsten, and other materials. Founded in 1929 and based in Lewiston, Maine, the company serves a diverse range of industries, including medical imaging, aerospace, defense, energy, and semiconductor manufacturing. Elmet offers a broad array of products such as medical imaging collimators, sputtering targets, crucibles, sintering boats, fasteners, and various metal forms including rods, sheets, and tubes. The company operates manufacturing facilities in Lewiston, Maine; Covington, Georgia; and Chengdu, China, and markets its products globally through sales representatives and offices in Europe, Japan, Korea, and Taiwan. Elmet Technologies is recognized for its expertise in refractory metals and provides contract services that encompass engineering and design, as well as toll rolling, to meet the stringent requirements of its global clientele.
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