North Central Equity

North Central Equity is a private equity firm founded in 2004 and based in Eden Prairie, Minnesota. The firm specializes in investing in growth-stage companies, primarily through buyouts. Its investment strategy focuses on a diverse range of sectors, including business products, business services, manufacturing, and industrial sectors across the United States and Canada. Additionally, North Central Equity aims to expand its portfolio through new acquisitions, with a particular emphasis on developing enterprise software.

Elam Baer

CEO

1 past transactions

Scriptel

Acquisition in 2008
Scriptel Corporation, founded in 1982 and based in Columbus, Ohio, specializes in digitizer components and electronic signature capture technology. The company emerged as a leader in capacitive pen digitizing, allowing for a durable and cost-effective simulation of pen and paper. Its significant innovation, the PenWriter, was the first peripheral to enable users to see and utilize their handwriting on computers. Scriptel's technology is widely implemented, with over 3 million solutions deployed globally, particularly in the retail point-of-sale sector, where many consumers have interacted with Scriptel pens while using credit cards. Since 2010, Scriptel has expanded into the digital workflow market with its ScripTouch line of electronic signature pads, which are known for their reliability and backed by a three-year warranty. The company continues to support various industries, including healthcare, aviation, and entertainment, with its comprehensive range of signature capture and touch response technologies.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.