Weston Presidio

Weston Presidio Service Company, LLC is a private equity and venture capital firm founded in 1991 and headquartered in Boston, Massachusetts, with an additional office in Sausalito, California. The firm specializes in a wide range of investment strategies, including seed and startup funding, early and late-stage venture capital, management buyouts, and recapitalization transactions. Weston Presidio focuses its investments primarily on North America, particularly in the United States, with a keen interest in sectors such as internet infrastructure, e-commerce, telecommunications, retail, healthcare, and information technology. The firm typically invests between $3 million and $100 million per transaction, targeting companies with EBITDA ranging from $5 million to $25 million, and prefers to engage in both majority and minority investments. Weston Presidio aims to take an active role in its portfolio companies by seeking board representation and working closely with closely-held and family-controlled businesses.

Michael Francis Cronin

Co-Founder and Managing Partner

29 past transactions

Party City

Private Equity Round in 2012
Party City Corporation is a leading supplier and retailer of party goods in North America and internationally, offering a wide range of products including balloons, party supplies, birthday decorations, Halloween costumes, and personalized items. Founded in 1986 and headquartered in Rockaway, New Jersey, the company operates through a network of approximately 900 party superstores, which include around 600 company-owned and franchised locations in the United States and Puerto Rico, as well as a temporary network of Halloween stores. Party City provides its products through physical retail stores and an e-commerce platform, PartyCity.com, featuring a broad selection of items. The company is part of Amscan Holdings, Inc., and supplies products to a variety of retailers and distributors, enhancing its reach in the market for seasonal and themed events.

SquareTrade

Private Equity Round in 2012
SquareTrade is an independent warranty provider based in Brisbane, California, specializing in aftermarket protection plans for consumer electronics and appliances. The company offers warranties for a wide range of products, including smartphones, tablets, laptops, home entertainment systems, and various household appliances, regardless of where they were purchased. SquareTrade's coverage includes protection against drops, water damage, malfunctions, and accidents. Founded in 1999, the company has expanded its services to both the United States and international markets. It operates as a subsidiary of Allstate Non-Insurance Holdings, Inc. and maintains an additional office in London, United Kingdom.

Xenon Arc

Venture Round in 2010
Xenon Arc, Inc. provides distribution solutions for industrial materials producers. Its solutions include xa-Direct, a direct-to-market solution that provides the end-user direct contact with a customized extension of client’s sales, marketing, and technical capabilities; and directibility, an online integrated research, selection, and ordering portal for small-to-mid-sized businesses in the materials industry. The company was founded in 2010 and is based in Bellevue, Washington with additional offices in the Netherlands, Mexico, and Brazil.

Silego Technology

Venture Round in 2010
Developer of semiconductor timing and frequency generators for the computer, communications, and consumer electronics marketplace. The company's products include PC motherboard clock products, PLLs, and Registers for the DDR1/2 DIMM market.

Summit Energy

Venture Round in 2007
Summit Energy provides energy management and sustainability services to organizations in a wide range of industries. Summit Energy began in 1991 as a small natural gas consulting firm in Louisville, KY, USA. Summit Energy has grown into a global company that excels in leading companies to cost-effective and sustainable energy.

Purcell Systems

Series B in 2007
Purcell Systems Inc. is a leading global company based in the US, with an International counterpart based in Stockholm, Sweden, and has been servicing the telecom market since 2000. The company designs and manufactures innovative, industry-leading, thermally managed, modular outdoor electronic equipment enclosure solutions, and provides system level solutions to a variety of global customers in Telecom, Cable/MSO, Energy/Utility, Land Mobile Radio, Transportation, and U.S. Government/Military.

BlueArc

Venture Round in 2006
BlueArc is a leading provider of high performance unified network storage systems to enterprise markets, as well as data intensive markets, such as electronic discovery, entertainment, federal government, higher education, Internet services, oil and gas and life sciences. Their products support both network attached storage, or NAS, and storage area network, or SAN, services on a converged network storage platform. Aquired by HDS as of September 7th 2011.

BlueArc

Series D in 2003
BlueArc is a leading provider of high performance unified network storage systems to enterprise markets, as well as data intensive markets, such as electronic discovery, entertainment, federal government, higher education, Internet services, oil and gas and life sciences. Their products support both network attached storage, or NAS, and storage area network, or SAN, services on a converged network storage platform. Aquired by HDS as of September 7th 2011.

CurtCo Media Group

Venture Round in 2003
CurtCo Media Group is operated by CurtCo Media Labs, which for more than two decades has built publishing companies.

MediaQ

Series D in 2002
MediaQ develops integrated semiconductors and software for mobile, wireless, and handheld devices to enhance visual display, improve connectivity, and minimize power consumption.

Scene7

Series B in 2001
Adobe [acquired](http://www.crunchbase.com/acquisition/8df47bafeccc8db6c9830dc69df1e5a3) Scene7 in May 2007 and now offers Scene7 as one of its products. Scene7 – provider of the leading on-demand rich media platform – enables companies to grow revenues, enhance customer experience and cut production costs. With Scene7, businesses can improve the entire selling and marketing cycle – from attracting customers, to guiding them to the right products and services, to successfully converting them into loyal buyers. The company offers rich media solutions built on a robust, integrated technology platform – for unrivaled breadth, depth, scalability and ease of ongoing rich media use. Adobe acquired Scene7 in May 2007.

Rocket Network

Venture Round in 2001
Rocket Network is the industry standard global production network for audio professionals. The Company has established this standard through development and resale partnerships with leading audio companies, including Digidesign/Avid, DSP Media, Emagic, Euphonix, MOTU, Steinberg and Waveframe who have developed or are developing "RocketPower(TM)" versions of their products. This allows users to access the network via their favorite audio applications. Rocket Network's worldwide network for audio production and session management allows simultaneous multi-user access to files that can be dynamically updated from anywhere, at any time, and provides services that enhance session workflow, such as central secure archiving, talent search, and cross application support. Rocket Network's technology and services are becoming an integral part of a growing percent of professional audio sessions.

BlueArc

Series C in 2001
BlueArc is a leading provider of high performance unified network storage systems to enterprise markets, as well as data intensive markets, such as electronic discovery, entertainment, federal government, higher education, Internet services, oil and gas and life sciences. Their products support both network attached storage, or NAS, and storage area network, or SAN, services on a converged network storage platform. Aquired by HDS as of September 7th 2011.

Scene7

Series A in 2001
Adobe [acquired](http://www.crunchbase.com/acquisition/8df47bafeccc8db6c9830dc69df1e5a3) Scene7 in May 2007 and now offers Scene7 as one of its products. Scene7 – provider of the leading on-demand rich media platform – enables companies to grow revenues, enhance customer experience and cut production costs. With Scene7, businesses can improve the entire selling and marketing cycle – from attracting customers, to guiding them to the right products and services, to successfully converting them into loyal buyers. The company offers rich media solutions built on a robust, integrated technology platform – for unrivaled breadth, depth, scalability and ease of ongoing rich media use. Adobe acquired Scene7 in May 2007.

Rocket Network

Series D in 2001
Rocket Network is the industry standard global production network for audio professionals. The Company has established this standard through development and resale partnerships with leading audio companies, including Digidesign/Avid, DSP Media, Emagic, Euphonix, MOTU, Steinberg and Waveframe who have developed or are developing "RocketPower(TM)" versions of their products. This allows users to access the network via their favorite audio applications. Rocket Network's worldwide network for audio production and session management allows simultaneous multi-user access to files that can be dynamically updated from anywhere, at any time, and provides services that enhance session workflow, such as central secure archiving, talent search, and cross application support. Rocket Network's technology and services are becoming an integral part of a growing percent of professional audio sessions.

Digital Commerce

Venture Round in 2000
Digital Commerce Corporation, established in 1995, specializes in creating electronic marketplaces that facilitate transactions between buyers and sellers, particularly in the government sector. The company focuses on building online communities that cater to the unique needs of various markets, effectively connecting vendors with government agencies at federal, state, and local levels. Through its business-to-government e-commerce services, Digital Commerce enables these agencies to efficiently locate authorized vendors, streamlining the procurement process. By fostering these connections, Digital Commerce enhances the efficiency and effectiveness of government purchasing while supporting the diverse requirements of its marketplace participants.

MediaQ

Series C in 2000
MediaQ develops integrated semiconductors and software for mobile, wireless, and handheld devices to enhance visual display, improve connectivity, and minimize power consumption.

GoodHome.com

Venture Round in 2000
GoodHome.com is the revolutionary home decorating Web site that offers consumers an entirely new way of decorating their homes --online.

AtHoc

Series B in 2000
AtHoc, a division of BlackBerry Limited, is the pioneer and recognized leader in networked crisis communication, protecting millions of people and thousands of organizations around the world. AtHoc provides a seamless and reliable exchange of critical information among organizations, their people and devices. A trusted partner to the world’s most demanding customers, AtHoc is the leading provider to the U.S. Departments of Defense and Homeland Security, and safeguards numerous other government agencies and leading commercial enterprises. Headquartered in Silicon Valley, the company operates around the globe. AtHoc was acquired by BlackBerry in 2015 for $250M.

Tavolo

Venture Round in 2000
Tavolo offers an online store that enables its users to find and buy products related to cooking. Tavolo was acquired by OurHouse in December 2000. It is based in San Rafael, California.

SquareTrade

Series B in 2000
SquareTrade is an independent warranty provider based in Brisbane, California, specializing in aftermarket protection plans for consumer electronics and appliances. The company offers warranties for a wide range of products, including smartphones, tablets, laptops, home entertainment systems, and various household appliances, regardless of where they were purchased. SquareTrade's coverage includes protection against drops, water damage, malfunctions, and accidents. Founded in 1999, the company has expanded its services to both the United States and international markets. It operates as a subsidiary of Allstate Non-Insurance Holdings, Inc. and maintains an additional office in London, United Kingdom.

Digital Commerce

Series D in 2000
Digital Commerce Corporation, established in 1995, specializes in creating electronic marketplaces that facilitate transactions between buyers and sellers, particularly in the government sector. The company focuses on building online communities that cater to the unique needs of various markets, effectively connecting vendors with government agencies at federal, state, and local levels. Through its business-to-government e-commerce services, Digital Commerce enables these agencies to efficiently locate authorized vendors, streamlining the procurement process. By fostering these connections, Digital Commerce enhances the efficiency and effectiveness of government purchasing while supporting the diverse requirements of its marketplace participants.

Rocket Network

Venture Round in 2000
Rocket Network is the industry standard global production network for audio professionals. The Company has established this standard through development and resale partnerships with leading audio companies, including Digidesign/Avid, DSP Media, Emagic, Euphonix, MOTU, Steinberg and Waveframe who have developed or are developing "RocketPower(TM)" versions of their products. This allows users to access the network via their favorite audio applications. Rocket Network's worldwide network for audio production and session management allows simultaneous multi-user access to files that can be dynamically updated from anywhere, at any time, and provides services that enhance session workflow, such as central secure archiving, talent search, and cross application support. Rocket Network's technology and services are becoming an integral part of a growing percent of professional audio sessions.

Saltare

Series B in 2000
Saltare is a business intelligence company. it provides a Java-based, web-centric software solution to link real-time supply chain information with decision-making tools. Its software is called leap and it allows buyers to monitor the status of their supply shipments and to receive notification of problems with their supply deliveries. Saltare was founded by Michael Addicott in 1999 and is located in San Mateo, California.

Intellispace

Venture Round in 2000
Intellispace is the Gold Coast’s leading services office and virtual office space provider. If you are looking for a professional and well maintained serviced office, virtual office or meeting room facilities to conduct your important business.

Virage

Venture Round in 1999
Virage is the leading provider of software products and application services that enable media and entertainment companies, enterprises, and consumers to publish, manage and distribute their video content over the Internet or intranets. Our products and services enable Internet users to find and use the video content they want, and then to interact with it in a way that is familiar and comfortable to them. Additionally, we increase the value of video to content owners by transforming their video assets into engaging web experiences that incorporate on-demand viewing, targeted advertising, community building and e-commerce.

RedEnvelope

Venture Round in 1999
RedEnvelope is an online ecommerce site which offers unique and personalized gifts for life’s special occasions. RedEnvelope is a part of Provide Commerce, a premier $700 million ecommerce company that operates with well-known brands like ProFlowers, Shari’s Berries, Cherry Moon Farms, Personal Creations, and ProPlants. Provide Commerce is wholly owned subsidiary of Liberty Media Corporation (NASDAQ: LINTA). The RedEnvelope business unit was acquired out of bankruptcy by Provide Commerce in 2008. The initial focus was to make RedEnvelope a profitable business unit, which occurred within the first 18 months of managing the business. RedEnvelope is known for its iconic “Red Box”, which serves to symbolize the emotional connection between gift giver and recipient through a great gifting experience. RedEnvelope is generally considered to have the highest brand name recognition amongst Provide Commerce brands. The RedEnvelope team is focused on developing unique and high quality products that help create a “wow” gifting experience. We have invested in expanding our new product development to increase the depth and frequency of product introductions, and have expanded into new categories that resonate with our target customers. We are looking to evolve our marketing practices as today’s digital landscape continues transform our efforts to focus more on finding and connecting with passionate gift-givers, and offering them a tailored and convenient shopping experience.

Quidnunc

Series A in 1999
Quidnunc offers businesses and brands with consulting services and support to create e-businesses. It offers tools and solutions that enable its customers to measure the performance of their e-commerce websites. Quidnunc was founded by Laurence Holt in 1988.
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