Warburg Pincus is a prominent private equity and venture capital firm based in New York, established in 1966. The firm specializes in investing across all stages of a company's lifecycle, from startups to mature businesses, and engages in various investment strategies including growth equity, management buyouts, and special situations. With over $45 billion in assets under management, Warburg Pincus maintains a diverse portfolio of more than 165 companies globally. The firm targets investments in sectors such as energy, financial services, healthcare, consumer products, technology, and real estate, with a focus on acquiring undervalued and middle-market companies. It typically invests between $20 million and $1 billion and seeks to partner with management teams to build sustainable value. Warburg Pincus has raised 17 private equity funds and has invested over $68 billion across more than 825 companies in over 40 countries, reflecting its extensive experience and global reach. The firm's operations are supported by offices in various major cities worldwide.
FlexXray LLC, founded in 2003 and based in Arlington, Texas, specializes in providing inspection and recovery services for the North American food manufacturing industry. The company offers a range of services including X-ray food inspection, can inspection, and process recovery, as well as ancillary services such as contaminant removal, check weighing, repackaging, and storage. FlexXray employs proprietary X-ray technology to identify physical contaminants and defects in food products and raw materials, ensuring safety and quality for its clients. Serving a diverse clientele that includes both small food companies and major global brands, FlexXray is recognized as a trusted partner in the food safety sector, helping to ensure compliance with industry regulations.
Exeter Finance
Acquisition in 2021
Exeter Finance is a finance company deals with automotive financial services.
Parksons Packaging Ltd. manufactures and supplies packaging products for fast moving consumer goods, food and beverages, pharmaceutical, electronic, retail, apparels, and other white good industries in India and internationally. It offers folding cartons and litho-laminated cartons. The company was founded in 1996 and is based in Mumbai, India.
Infinite Electronics is a leading global supplier of electronic components serving the urgent needs of engineers through a family of highly recognized and trusted brands. Our portfolio brands are specialists within their respective product set, offering broad inventories of engineering-grade product, paired with expert technical support and same-day shipping. Over 175,000 customers across a diverse set of markets rely upon Infinite Electronics to stock and reliably ship urgently needed products every day. Operating under the Pasternack, Fairview Microwave, L-com, MilesTek, KP Performance Antennas, PolyPhaser, Transtector, RadioWaves, Kaelus, Aiconics, Integrated Network Cable (INC), Show Me Cables and ECore Cables brand names, Infinite Electronics serves a global engineering customer base with deep technical expertise and one of the broadest inventories of products available for immediate shipment.
Sweeping Corporation of America is a power sweeping company. Sweeping Corporation started with one street sweeper and a few small contracts, but quickly established a reputation for providing exceptional service at a fair price.
Community Fibre Ltd. is a broadband service provider based in London, United Kingdom, specializing in ultra-fast fibre-optic communications. Established in 2010, the company delivers high-speed broadband services directly to homes and small to medium-sized enterprises through optical fibre cables. Community Fibre offers various services, including unlimited streaming and optional line rental for home phones, along with complimentary standard installation and Wi-Fi routers. The company operates under the Community Fibre and CFL Business brands, the latter being a registered supplier on the UK Government’s Broadband Connection voucher scheme, which allows it to provide free super-fast broadband connections to eligible small and medium businesses in London.
Polyplus-transfection SA is a biotechnology company that develops, markets and sells innovative solutions for the in vivo, in vitro and ex vivo delivery of nucleic acids in research, bioproduction and therapeutics. Located close to the University of Strasbourg in Eastern France, Polyplus-transfection has been ISO 9001-certified since 2002 and supplies its proprietary range of reagents for the transfection of genes, oligonucleotides and siRNA through a worldwide distributor network. Polyplus reagents are involved in a growing number of clinical trials worldwide. In addition, Polyplus-transfection holds a broad estate of patents and licenses including original methods for therapeutic siRNA delivery.
Provider of private online banking intended to offer portfolio management, advisory, financial, wealth planning, online brokerage, banking assistance, and investment management services to guide clients in the conservation and investment of their finances. The company specializes in online brokerage services through financial products and tools, which include checking payroll accounts, bank cards, financing, and investment plans, enabling clients to define and achieve their vital goals, and guiding them through the management of their finances.
Their mission is to ensure healthier, longer lives for pets and peace of mind for their people. They are dedicated to providing pet parents with the support, resources and tools they need to keep their pets not just surviving, but thriving long into old age.
Qualifacts Systems, Inc. is a prominent provider of Software-as-a-Service and web-based electronic healthcare records and billing management software, primarily serving the behavioral health and human services sectors. Established in 2000 and headquartered in Nashville, Tennessee, Qualifacts offers its flagship product, CareLogic, which encompasses a range of functionalities including workflow management, scheduling, treatment planning, e-Prescribing, and billing. The software is designed to enhance clinical, administrative, and financial operations for healthcare organizations that provide services related to behavioral health, addictions treatment, and developmental disabilities. With a focus on customer collaboration and support, Qualifacts has cultivated a strong user community, which plays a significant role in guiding product development. The company has experienced notable growth, as evidenced by its increasing adoption among behavioral health agencies seeking to improve efficiency, revenue, and client satisfaction.
WebPT is a rehab therapy platform designed for enhancing patient care and fueling business growth. WebPT’s product suite provides a robust end-to-end solution covering the entire rehab therapy business cycle, from billing and managing a practice to delivering quality, evidence-based care. It was founded in 2008 and headquartered in Phoenix, Arizona.
Avanse Financial Services Limited is a non-banking finance company based in Mumbai, India, specializing in education financing. Established in 1992, the company provides a range of loan products designed to support students pursuing higher education both in India and abroad. Avanse offers higher education loans that cover tuition fees and living expenses, as well as e-learning loans for vocational training, self-learning, and up-skilling programs. Additionally, it provides loans to educational institutions to meet their working capital and growth needs. Regulated by the Reserve Bank of India, Avanse aims to empower students by offering flexible and accessible financial solutions to help them achieve their academic and career aspirations, promoting the belief that financial constraints should not hinder educational opportunities.
Pregis Corporation specializes in the manufacture and marketing of protective and specialty packaging solutions across various industries. The company operates through two primary segments: Protective Packaging and Specialty Packaging. The Protective Packaging segment offers a wide range of products, including protective mailers, air-encapsulated cushions, inflatable airbag systems, and engineered foams, serving markets such as electronics, furniture, retail, and agriculture. In contrast, the Specialty Packaging segment focuses on food, medical, and other niche applications, providing flexible and rigid packaging solutions like bags, pouches, and custom containers primarily in Europe. Pregis also delivers consulting services related to package design and testing, along with custom delivery systems. With a strong presence in North America and Europe, the company distributes its products to various end-users, including distributors and fabricators. Pregis, founded in 2005 and headquartered in Deerfield, Illinois, operates manufacturing and warehousing facilities in North America.
America Net is an operator specialized in voice and data solutions at high speed through its own network in optical fiber and radio. Headquartered in São Paulo, the company also has presence in the states of Bahia, Federal District, Minas Gerais, Rio de Janeiro, Rio Grande de Sul and Paraná. Due to strong experience in the Internet access market, America Net has AS (Autonomous System), which gives it IP numbering from its own backbone, allowing the exchange of traffic with the main telecommunication operators and services. internet connection and MPLS. The company is licensed by Anatel to operate in STFC and SCM.
Kestra Financial, Inc. provides a leading independent advisor platform that empowers sophisticated independent financial professionals, including traditional and hybrid RIAs, to prosper, grow and provide superior client service. With a culture rich in reinvention and advisor advocacy, we’ve developed integrated business management technology that, combined with our personalized consulting services, offers exceptional scale and efficiency. Headquartered in the “Silicon Hills” of Austin, Texas, Kestra Financial offers an experience as unique as the city in which it operates. The firm supports more than 1,700 independent financial advisors in delivering comprehensive securities and investment advisory services to their clients. Kestra Financial is the parent company of Kestra Investment Services, LLC, member FINRA/SIPC, and of Kestra Advisory Services, LLC, Kestra Private Wealth Services, LLC, and Kestra Institutional Services, LLC, all federally registered investment advisers. For more information about Kestra Financial,
Propertylink is an internally managed real estate group based in Australia, specializing in the ownership and management of a diverse portfolio that includes logistics, business park, and office properties. With approximately A$1.8 billion in assets under management, Propertylink is recognized as a prominent investment and asset management entity. The company employs an integrated, in-house strategy for active asset management, focusing on maximizing the performance and value of its holdings for a global investor base that spans North America, Europe, the Middle East, Asia, and Australia. Additionally, Propertylink manages several investment funds, including those focused on commercial industrial and office properties, contributing to its strong presence in the real estate sector.
DKSH is a market expansion services provider headquartered in Zurich, Germany, with a strong focus on facilitating business growth in Asia. Established in 1865, the company offers a comprehensive range of tailored services across various sectors, including Consumer Goods and Healthcare. DKSH assists companies in both existing and new markets by providing specialized services that encompass marketing, sales, logistics, and after-sales support. Its approach is centered on understanding the specific needs of its clients, ensuring that the services rendered are intelligently integrated for seamless execution. DKSH emphasizes a service philosophy that prioritizes the growth of its partners' brands and products, leveraging extensive market data and insights to offer strategic advice. By managing the entire value chain, DKSH aims to enhance market penetration and reduce operational complexities for its clients.
Aion S.A. is a credit institution based in Brussels, Belgium, that has been operational since 1947. Formerly known as Banca Monte Paschi Belgio, the company rebranded to Aion S.A. on October 25, 2019. It offers a comprehensive range of banking products and services tailored for both individuals and businesses. These include current and savings accounts, loans, debit and credit cards, as well as various investment products. Aion S.A. emphasizes flexibility and personalized service, aiming to build lasting financial partnerships with its clients. The institution focuses on addressing the diverse financial needs of its customers through customized solutions.
Leyou.com Inc. is a multichannel retailer based in Beijing, China, specializing in products for toddlers, babies, and maternity. Founded in 1999, the company operates approximately 150 retail stores, providing a wide range of child-related products, including children's clothing, pregnancy apparel, toys, feeding supplies, toiletries, and diapers. In addition to its physical stores, Leyou also offers an online shopping platform and catalogs to reach customers across the country, catering to the needs of parents in China.
Max IT Finance Ltd, based in Bnei Brak, Israel, specializes in the issuance of credit cards and clearing services. Its product offerings include a variety of credit cards such as Multi, Leumi Card Free, Cash Card, and World Signia, along with Gift Cards, Y-Cards, and Visa Plus. The company also caters to organizations and workplaces by providing merchant acquiring services and a range of credit solutions, which encompass loans, payment discounts, multi-business cards, acquisition cards, and supplier cards. Founded in 2000, Max operates as a subsidiary of Bank Leumi Le-Israel BM.
Constructionline is an online platform that facilitates the sourcing of pre-qualified construction suppliers, contractors, and consultants. It serves as a critical resource for buyers in the construction industry, enabling them to efficiently identify and engage with high-quality suppliers for various projects. By validating all of its members, Constructionline ensures that buyers have access to a reliable pool of construction professionals, which enhances procurement and supply chain management for small and medium-sized enterprises, as well as public and private sector organizations. With a significant number of buyers relying on its services, Constructionline plays a vital role in streamlining the construction supply chain.
Reorg Research, founded in 2012 and headquartered in New York, provides real-time news, analysis, and commentary focused on the distressed debt, event-driven, and leveraged finance markets. The company delivers independent and timely market intelligence to its subscribers, which include asset managers, hedge funds, investment banks, law firms, and financial advisors. By leveraging proprietary technology alongside a team of experienced journalists and analysts, Reorg Research offers insights that help clients navigate complex financial landscapes and make informed investment decisions. Its emphasis on time-sensitive and market-moving information positions Reorg as a vital resource for professionals seeking to understand and capitalize on risk factors in the financial sector.
Labstat International Inc., an analytical laboratory, provides tobacco testing, research and development, and analysis services for regulatory reporting and labeling. The company offers testing services, including mainstream and sidestream smoke, cigarette fillers, E-liquid and E-aerosol testing, smokeless tobacco, measures of exposure, pyrolysis identification, additives, in vitro toxicology, pesticide analysis, and free radicals analysis. Its services also include ignition propensity, cigarette papers, physical determinations, and casing solutions. It serves tobacco industries, university and private research interests, and federal and state governments in Canada and internationally. The company was founded in 1976 and is based in Kitchener, Canada.
SCM Insurance, founded in 1986 and based in Edmonton, Canada, is a leading independent provider of comprehensive insurance solutions and claims management services. The company specializes in various areas including accident benefits, automobile, bodily injury, environmental impairment, liability, and property insurance, among others. SCM Insurance focuses on mitigating risks to individuals and physical assets while protecting brand reputation. Its extensive offerings also encompass risk management, loss prevention, and third-party administration services. The company prides itself on its commitment to evolving its services to meet the dynamic needs of clients, leveraging innovative technology and a knowledgeable staff to deliver exceptional customer service.
Service Logic is one of the largest privately held Energy and HVAC/Mechanical Services companies in the United States. Committed to long-term client relationships, our 1500+ employees service over 100,000,000 square feet of commercial, industrial and institutional real estate utilizing 33 offices covering 25 states.
We are a leading provider of integrated services that optimize energy efficiency, comfort, productivity, health and safety. Our investment in local entrepreneurs, technology and education has created the next generation service platform for our clients and associates. We are reducing costs while increasing the value of real estate assets.
Duravant is a leading, global manufacturer of engineered equipment serving the food processing, packaging and material handling equipment industries. The Company operates through three segments: Food Processing, Packaging Machinery and Material Handling.
Duravant’s Food Processing segment’s products are mainly used in the processing of pork, beef and chicken products for major food companies and are organized into three primary categories: pumps, fillers / dicers and thermal equipment. The Food Processing segment’s leading brand names include Marlen and Carruthers.
The Packaging Machinery segment’s product suite is comprised of components and systems that fill, close, weigh and handle open mouth bags. The segment operates globally under the Fischbein brand name and provides a range of products from manual to semi-automated and fully-automated machines. These products serve a variety of end markets, including agriculture, food, pet food, chemicals and building products.
Duravant’s Material Handling segment manufactures conveying products that are used in distribution centers and retail stores for the loading and unloading of trucks. The Company has a strong market position under the Flexible Material Handling and Best Conveyors brand names and provides products to leading online and physical retailers .
CityMD is a urgent care provider dedicated to delivering efficient, state-of-the-art medical care with a uniquely personalized, patient-centric approach.
ARA Asset Management Limited is a leading integrated real estate fund manager based in Asia, established in 2002. The company is committed to providing tailored investment solutions and creating lasting value for its investors and partners, guided by principles of respect, excellence, integrity, and teamwork. ARA has developed a strong reputation through its extensive network, local expertise, and a steadfast commitment to fiduciary responsibilities. The firm manages a diverse portfolio that includes public-listed real estate investment trusts and private real estate funds, encompassing various sectors such as office, retail, logistics, hospitality, and residential properties across the Asia Pacific region. Additionally, ARA offers in-house real estate management and advisory services, enhancing value throughout the entire asset life cycle.
Gabe’s, founded in 1961, is a privately-held, extreme value off-price retailer headquartered in Morgantown, West Virginia. The company operates 61 Gabe’s stores across 11 states, as well as 45 stores operating as Rugged Wearhouse. The company sells designer brands and fashions for up to 70% off department and specialty store prices. Their stores carry designer brand name ladies, juniors, lingerie, men’s and children’s apparel, along with footwear, accessories, handbags, bath and beauty products, home décor, soft home, and housewares.
Ascentium Capital LLC specializes in providing equipment lease and financing solutions tailored for small to mid-sized companies across the United States. Established in 2011 and headquartered in Kingwood, Texas, the company focuses on financing a wide range of assets, including computer hardware and software, business machines, office furniture, food service equipment, commercial vehicles, and medical equipment. Ascentium Capital collaborates with equipment manufacturers, distributors, and resellers to deliver flexible financing options to their customers. The company caters to a diverse clientele, including small and mid-sized businesses as well as larger Fortune 500 firms, aiming to support their growth through efficient and accessible financing solutions. As of April 2020, Ascentium Capital operates as a subsidiary of Regions Financial Corporation.
Inexio is a technology company that specializes in telecommunications and information technology services, focusing on fiber-based internet access for corporations and medium-sized businesses. The company provides broadband connections through a fiber-optic network and is actively involved in the development and expansion of modern telecommunications infrastructure. Inexio also offers data center services, supporting businesses in their IT needs and enhancing connectivity and operational efficiency.
DocuTAP formerly known as Integrity On Site LLC, DocuTAP provides urgent care practices with an innovative approach to workflow management. Its flagship product, DocuTAP's EMR and Practice Management software, fully integrates practice management and electronic medical records capabilities in one complete system. DocuTAP software features automated and customizable tools that enhance healthcare providers' ability to deliver and manage patient care. Its experienced, knowledgeable staff is committed to improving the delivery of high-quality healthcare.
Reiss is a fashion brand that designs and manufactures clothing and accessories for both men and women. The company's offerings include contemporary apparel such as leisurewear, knits, coats, jackets, and denim. Reiss distributes its products through a network of offline stores, concession partners, and franchised operations in various countries, as well as through its online platform. This approach allows the brand to provide luxury clothing at accessible price points to a wide range of customers.
RS Energy Group (RSEG) is the standard in energy intelligence. Since 1998, RS Energy Group has directly influenced the direction that our clients steer and focus their business. The high-quality and technical nature of RSEG’s research is backed by an intimate understanding of complex energy data and championed through more than 100 energy experts.
Sterigenics has delivered safer, smarter and more productive contract sterilization solutions to the medical device and pharmaceutical industries, using Ethylene Oxide (EO), Gamma and Electron Beam (E-Beam) irradiation. We also provide process capabilities for Food Safety and High Performance Specialty Materials using our Gamma and Electron Beam radiation technologies. With over 1,300 employees and 38 service centers around the world, Sterigenics is able to offer more choices of location as well as the widest range of advanced technological solutions and support services to our customers.
TriMark is the country’s largest provider of equipment, supplies and design services to the foodservice industry. TriMark offers foodservice operators a new level of service by combining the hands-on support and local market knowledge of a strong regional supplier with the purchasing strength, industry expertise, and delivery capabilities of a national company. We work closely with our customers; which include national restaurant chains, independent restaurant operators, healthcare facilities, entertainment venues, and many other segments; to provide the products and services that will help them operate more efficiently and realize better bottom line results.
Wencor Group manufactures, repairs and distributes aircraft parts for operators, repair stations and manufacturers across the globe. Wencor Group provides CMM and DER repairs for components and piece parts. Wencor Group also distributes a wide variety of aftermarket parts including bearings, seals, hardware, filters, electrical components, lighting and interiors. Wencor Group also provides targeted solutions for both US and foreign militaries. With more than 7,000 PMAs and 2,000 DER repairs, Wencor Group has PMAs and DERs for all aircraft systems and is adding more daily. Wencor Group offers inventory management programs, kitting and repair management.
PayScale, Inc. specializes in cloud-based compensation software designed for both individuals and businesses. The company offers a suite of solutions including Insight Expert, which streamlines salary benchmarking and assists in setting pay ranges, managing pay increases, and generating executive reports. It also features tools for pricing jobs across various geographies and industries, along with Insight Lab, which provides HR professionals with data-driven compensation insights. In addition to software, PayScale offers professional services to evaluate and enhance current compensation structures, develop strategies, and provide ongoing management and training for effective compensation conversations. The company serves a diverse range of industries, including healthcare, manufacturing, and technology, and has a customer base of over 8,000 organizations, from small businesses to large corporations. Founded in 2002 and headquartered in Seattle, Washington, PayScale also has offices in Kentucky, Colorado, and North Carolina.
Mercator is a leading provider of software and tech-enabled outsourcing solutions to the global aviation industry. They help airlines to deliver on the promise they make to their customers - getting passengers and cargo to their destinations - safely and on time. Their aviation heritage, built from years of experience in developing IT solutions specifically for airlines - gives us unrivalled insight. Their specialised team of aviation experts developed a specific portfolio of solutions, rigorously testing them in the real world. Their key products and services include Cargo Management, Revenue Accounting, Customer Experience, and Passenger Services. These technologies manage critical processes for all segments of the aviation industry: award-winning carriers, hybrid, low-cost, regional, national and international airlines.
CASA Exploration
Acquisition in 2013
CASA Exploration, LLC, an oil and gas company, focuses on material exploration and development projects in Latin America.
Consolidated Precision Products is a manufacturer specializing in complex aerospace components and subassemblies, catering primarily to the aerospace, defense, and industrial gas turbine sectors. Founded in 1991, the company has expanded significantly through acquisitions and organic growth, now operating 19 facilities worldwide. With a focus on engineered cast metal components, CPP produces mission-critical castings for various applications, including commercial and military aircraft, regional jets, helicopters, and industrial gas turbines. The company aims to create value for its stakeholders by emphasizing operational excellence and investing in advanced technologies. Recognized as a leading global solutions provider, CPP serves customers in over 25 countries, positioning itself as a preferred partner in the industry.
Research Pharmaceutical Services, Inc., through its subsidiaries, provides integrated clinical development solutions and services to the bio-pharmaceutical industry. The company's solutions include clinical trial project management, site management and study monitoring, patient enrollment, data collection and management, statistical analysis and report writing, quality assurance, and regulatory and medical affairs services. Its services support the design, initiation, and management of its clients' clinical trial programs. The company provides services in connection with trials in various therapeutic areas, including cardiovascular, oncology, infectious diseases, neurology, allergy/immunology, endocrinology/metabolism, gastroenterology, obstetrics/gynecology, orthopedics, pediatrics, and psychiatry. It has operations in North America, Latin America, Europe, and Asia. The company was founded in 1994 and is headquartered in Fort Washington, Pennsylvania.
Based in Seattle, Washington, A Place for Mom is dedicated to helping families navigate the process of finding established, safe, and cost-effective senior care. As the largest senior living referral information service in the United States, A Place for Mom has guided thousands of families through the process of finding senior care. Using its nationwide network of more than 18,000 providers of senior living services, the company helps families find care and housing options that meet their needs and empowers them to make informed decisions. Working under the principle of delivering individualized, local, expert guidance to families seeking senior care opportunities, A Place for Mom was launched in the summer of 2000. The company was founded by three professionals, including a former senior housing executive with more than 15 years of experience. Receiving more than 60,000 inquiries from family members per month, A Place for Mom has been named one of the fastest-growing firms in the United States. One-on-one, comprehensive guidance is provided by A Place for Mom staff, helping families explore elder care and senior housing choices, including assisted living, nursing homes, retirement communities, memory care, and respite and residential home care. In addition, A Place for Mom works to connect families with facilities serving individuals who have been diagnosed with dementia and Alzheimer’s disease. A Place for Mom is paid by its participating communities and care providers, therefore the service is offered at no charge to families.
Poundland’s retailing concept is extremely simple: a range of more than 3,000 items – representing AMAZING VALUE for money. Their pilot store opened in the Octagon Centre, Burton-upon-Trent in December of 1990, followed by new stores in High Street, Meadowhall and other quality trading locations. Shoppers loved the concept, and so did fellow retailers and landlords. The stores proved to be a huge success. Meadowhall’s success was repeated by further stores opening by the end of the year.
Survitec Group Limited specializes in providing survival and safety solutions across various sectors, including shipping, defense, and aerospace. The company designs and manufactures a comprehensive range of equipment, such as marine life-saving devices, specialized submarine escape gear, and anti-G suits. Its product offerings include life rafts, lifeboats, rescue boats, personal lifesaving appliances, immersion suits, lifejackets, and pilot flight equipment. Survitec also delivers solutions for personal protection, first aid, emergency communication, fire protection, and pre-hospital care. Founded in 1920 and headquartered in Birkenhead, United Kingdom, Survitec operates as a subsidiary of Survitec Acquisition Company Limited, emphasizing its expertise in the design, manufacture, inspection, and maintenance of critical safety equipment.
Safetykleen Europe is the service provider of surface treatment and chemical application services. Safetykleen Europe delivers customer efficient outsourcing solutions for a wide range of critical industrial processes, with an extensive range of parts cleaners, tailored chemical applications, regular scheduled services and spent chemical collections.
Multikabel
Acquisition in 2005
Multikabel provides media and communications services to private consumers, companies and institutions.
Caradon Plumbing Solutions
Acquisition in 2005
Caradon Plumbing Solutions is a manufacturer and supplier of plumbing and heating products. Caradon Plumbing Solutions has a market leading position in its four core product areas of showers, bathrooms, boilers and radiators.
CAMP is a prominent independent provider of aviation management products and services with more than 45 years of experience. The company specializes in aircraft maintenance and regulatory compliance management for both fixed and rotor wing aircraft. CAMP offers a range of services, including maintenance management, engine health monitoring, inventory management, and flight scheduling. By delivering comprehensive solutions and support, CAMP aims to meet the needs of the business aviation community worldwide, ensuring high standards of quality and reliability in its offerings.
ScanSoft is a leading provider of digital imaging software products for retail, OEM and corporate markets. ScanSoft's products capture and convert paper documents and photos into digital documents and images, and enhance a user's ability to organize and share digital documents and images in the office, at home and on the Internet. ScanSoft's products are based on patented optical character recognition ("OCR") and image processing technologies. They are designed to address the needs of a broad group of users ranging from consumers and small office to medium-sized businesses and large corporations. ScanSoft's software products include OCR, personal document management and software suites that offer various combinations of these products and often third party offerings. These products capture and convert paper documents and photos into digital documents and images, making them easier to edit, organize, E-mail or post to the Web. ScanSoft believes that its ability to achieve broad market acceptance of its products will depend on several factors, including, but not limited to, ease-of-use, OCR accuracy, speed, and overall functionality. In addition, the ability of ScanSoft's software to integrate with desktop operating systems, word processing applications, e-mail software, fax applications, image editing products and Internet publishing tools will affect ScanSoft's ability to achieve market acceptance for its products. In that regard, ScanSoft's strategy is to maintain and enhance its technological position by investing in OCR and image processing technology and strategic business and technology partnerships with other leading companies.