Plexus Capital

Plexus Fund I, managed by Plexus Capital, is a mezzanine fund established in 2005 and based in Charlotte, North Carolina. The fund primarily targets mid-market companies in the United States, focusing on growth capital, recapitalization, and management buyouts. It typically invests between $5 million and $40 million in businesses with revenues ranging from $150 million and EBITDA of $2 million to $15 million. Plexus Fund I is interested in various sectors, including manufacturing, healthcare, information technology, and commercial services, providing essential capital to businesses seeking to expand, transition ownership, or pursue strategic acquisitions.

Bob Anders

Co-Founder and Partner, Investment Committee Member

William Anders

Partner and Investment Committee Member

Chris Antonello

Operating Partner

Alex Bean

Partner and Investment Committee Member

Mike Becker

Co-Founder and Partner

Barrett Biringer

Principal

Jack Canfield

Associate

Cameron Coley

Principal

Ryne Collins

Senior Associate

Jonathan Cooke

Associate

Aashal Dave

Associate

William Fulton

Vice President

Robert Gefaell

Co-Founder and Partner

AJ Hamel

Vice President

Connor Herring

Associate

Jay Jester

Partner

Kel Landis

Co-Founder and Investment Committee Member and Partner

Rob Lovejoy

Vice President

Chap Michie

Associate

Bob Miller

Operating Partner

Michael Painter

Co-Founder and Head of Investment Committee and Managing Partner

Brad Pence

Principal

Ronda Penn

CFO

Alex Plexico

Associate

Kevin Speight

Vice President

Don Stockton

Operating Partner

Mark Vavolizza

Vice President

Katie Walker

Principal

Ian Wooley

Vice President

8 past transactions

Asset Class

Series A in 2022
Developer of investment management software designed to provide asset management, commercial lending, and wealth management. The company's software provides salesforce, CRM, investment banking, RIA, financial advisory, business intelligence and analytics, workflow automation, and document management, enabling businesses to get over scattered finance and look for growth opportunities.

Advanced Drying Systems

Venture Round in 2019
Advanced Drying Systems, LLC, established in 2009 and located in Tampa, Florida, specializes in water damage restoration services. The company offers a range of solutions including water removal, dehumidification, and mold remediation, catering to homeowners, municipalities, and educational institutions. Advanced Drying Systems focuses on helping clients recover and restore their properties after water damage incidents, ensuring effective loss mitigation and a clean, safe environment.

Allegiance Software

Venture Round in 2017
Allegiance Software, Inc. specializes in developing database management software and cloud solutions tailored for public and religious broadcasters. Founded in 1999 and based in Fargo, North Dakota, the company provides a comprehensive range of software solutions that include fundraising, volunteer management, auction management, radio traffic management, and billing applications. Its offerings encompass customer relationship management (CRM) tools, on-air drives, sustainer program reports, web-based forms, pledge processing, and payment processing services. Allegiance Software also delivers data analysis, database repair, segmentation, and portal setup services. With a commitment to supporting non-commercial broadcasters, the company has evolved its products over the years to incorporate advancements in technology, ensuring they meet the changing needs of their clients. Training and support options include onsite instruction, phone and email assistance, as well as virtual training and webinars. Allegiance Software has established itself as a vital partner for radio and television broadcasting stations seeking to enhance operational efficiency and fundraising capabilities.

Medicus IT

Venture Round in 2017
Medicus Solutions is a provider of managed IT services specifically tailored for the healthcare sector. The company focuses on improving the efficiency and stability of healthcare operations through a comprehensive suite of services, including managed security, cloud solutions, and disaster recovery. By offering these solutions, Medicus Solutions enables clients to receive reliable technology support that addresses operational challenges and enhances overall performance. Their innovative approach includes unique tools such as 'stoplight reviews,' which help clients better understand their infrastructure needs and plan for necessary changes. This commitment to secure and seamless IT operations positions Medicus Solutions as a key partner for healthcare organizations seeking to optimize their technology resources.

Food Evolution

Venture Round in 2014
Use Food Evolution to outsource your custom food production needs. They are a committed commissary that will help you co-pack, provide seasonal meal solutions (i.e. holiday sides, sports snacks, etc.), or work with you during an especially busy time of year to deliver delicious, fresh and consistent product. They have a flexible and large team that can manufacture a short run or large capacity order. Whatever your custom food needs are they can make it to your specification or offer innovative ways to recreate it.

Fusion Connect

Post in 2014
Fusion Connect, Inc. is a provider of integrated cloud solutions, catering to small, medium, and large businesses across various sectors, including associations, governments, contact centers, healthcare, and legal industries. Established in 1997 and based in Atlanta, Georgia, Fusion Connect offers a proprietary service platform that integrates a range of cloud services. These include cloud communications, cloud connectivity, cloud computing, and additional services such as storage and security. The company employs voice over internet protocol (VoIP) technology for its telecom services, enabling efficient domestic and international carrier traffic termination. Fusion Connect's solutions aim to reduce costs for clients while enhancing security, flexibility, scalability, and deployment speed.

Atchafalaya Measurement

Acquisition in 2013
Atchafalaya Measurement, Inc. is a company based in Scott, Louisiana, specializing in gas and liquid measurement solutions for the oil and gas industry. Founded in 1982, it offers a range of products including turbine meters, analytical instruments, valves, and flow computers. The company also provides services such as gas and liquid measurement, meter run cleaning and repair, skid manufacturing, and data processing. With additional locations in Houma and Dubach, Louisiana, as well as Floresville and Jourdanton, Texas, Atchafalaya Measurement is positioned to serve clients across various sectors. As a subsidiary of Southern Petroleum Laboratories, Inc. since January 2019, it continues to enhance its offerings in measurement and analytical products, aiming to meet the evolving needs of its customers.

Jacob Ash

Acquisition in 2011
Jacob Ash Holdings, Inc. specializes in the design, manufacture, and distribution of gloves, headwear, and accessories for the consumer retail sector. The company offers a wide range of seasonal apparel, including hunting gloves, backpacks, and fishing vests, as well as various types of gloves such as deerskin, elk skin, and ski gloves. Jacob Ash also provides casual apparel accessories and rainwear. Its products are marketed through sales representatives and authorized online retailers primarily in the United States. Founded in 1930, Jacob Ash is headquartered in Pittsburgh, Pennsylvania, with additional offices in New York City and Montreal, Canada.
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