Plexus Fund I

Plexus Fund I, established in 2005 and managed by Plexus Capital, is a mezzanine fund located in Charlotte, North Carolina. The fund targets investments in mid-market companies across North America, specifically within the manufacturing and commercial services sectors. It focuses on providing capital for growth, recapitalization, and management buyouts, with a typical investment range of $5 million to $40 million. Plexus Fund I seeks to partner with companies that have annual revenues of approximately $150 million and EBITDA between $2 million and $15 million, addressing their capital needs for new market opportunities, ownership transitions, or strategic acquisitions.

Bob Anders

Co-Founder & Partner, Investment Committee Member

Robert Anders

Partner

Chris Antonello

Operating Partner

Alex Bean

Partner & Investment Committee Member

Mike Becker

Co-Founder & Partner

Barrett Biringer

Principal

Katie Cohen

Vice President

Cameron Coley

Principal

Ryne Collins

Associate

Lisa Dunning

Director of Accounting

William Fulton

Associate

AJ Hamel

Associate

Jay Jester

Partner

Howard Kelly Landis

Former Founding Partner and Partner

Devaunt LeClaire

VP

Rob Lovejoy

Associate

James S. Mahan

Board Member

Michael Painter

Managing Partner

Keyuri Patel

COO

Brad Pence

Principal

Ronda Penn

CFO

Kevin Speight

vice_president

Don Stockton

Operating Partner

Mark Vavolizza

vice_president

Katie Walker

Principal

8 past transactions

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. develops database management software and cloud solutions for public and religious broadcasters. It develops software solutions for fundraising, volunteer management, auction, radio traffic management, and billing applications. It offers CRM software, on-air drives, sustainer program reports, web based forms, web pledge integration, reporting, pledge processing, and payment processing services. It offers data analysis, database repair, segmentation, and portal set-up and testing services. The company offers onsite training, phone and email support, and installation services. Its customers include radio and television broadcasting stations. It also offers virtual training and webinar sessions. The company was incorporated in 1999 and is based in Fargo, North Dakota.

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 tailored for businesses of various sizes, including small, medium, and large enterprises. The company offers a proprietary service platform that facilitates the integration of cloud voice, unified communications, contact center services, cloud connectivity, and cloud computing. Additionally, Fusion Connect provides supplementary cloud services such as storage and security. Its diverse clientele includes associations, government entities, contact centers, as well as the healthcare and legal sectors. Established in 1997 and headquartered in Atlanta, Georgia, Fusion Connect emphasizes enhancing operational efficiency and reducing costs for its customers through its innovative cloud offerings.

Atchafalaya Measurement

Acquisition in 2013
AMI has been providing parts, service, and custom manufactured equipment to oil & gas companies the world over.

Jacob Ash Co.

Acquisition in 2011
Jacob Ash Holdings, Inc. designs, manufactures, merchandises, imports, and distributes gloves, headwear, and accessories for the consumer retail industry worldwide. It offers specialty seasonal apparel, such as hunting gloves, backpacks, waders, fishing vests, and bird vests; deerskin, elk skin, work, dress, and ski and sport gloves/mittens; casual apparel accessories; and rainwear. The company offers products through sales representatives and authorized online retailers in the United States. Jacob Ash Holdings, Inc. was founded in 1930 and is based in Pittsburgh, Pennsylvania with additional offices in New York, New York and Montreal, Canada.