Salem Investment Partners

Salem Investment Partners, founded in 1999 and based in Greensboro, North Carolina, focuses on debt and equity investments in privately-held, middle-market businesses. The firm has a strong track record, having completed over 120 investment transactions across various sectors, including business and healthcare services, light manufacturing, consumer products, and wholesale distribution. Licensed by the U.S. Small Business Administration, Salem participates in the Small Business Investment Company program and is currently investing from its fourth SBIC fund, which totals $170 million. The team at Salem Investment Partners is dedicated to addressing the capital needs of mid-market companies.

David Faris

Partner

Max Greer

Principal

Kevin Jessup

Partner

Patrick Kenna

Vice President

Phil Martin

Partner

Brad Morton

Partner

Brandon Reiber

Senior Associate

Meredith Sain

Principal

Logan Trotter

Principal

6 past transactions

Tiff's Treats

Private Equity Round in 2019
Tiff's Treats is an operator of a line of bakery stores that produce classic, baked-to-order cookies, and brownies. It specializes in the preparation and creation of different varieties of cakes, brownies, ice creams, frozen desserts, and other food products that provide consumers with tasty baked delicacies. Tiff's Treats was established in 1999 and is headquartered in Austin, Texas.

Generx Generators

Acquisition in 2019
GenerX Generators specializes in providing standby electric power solutions for residential homeowners and businesses in the Tampa Bay area. The company offers a comprehensive range of services, including the sale, installation, servicing, repair, and maintenance of generators. Additionally, GenerX assists customers with switch installation and generator wiring, ensuring that clients have access to the necessary electrical services to meet their power needs. Through its commitment to quality and customer satisfaction, GenerX positions itself as a reliable provider in the electrical installation contracting industry.

Spaulding Clinical

Acquisition in 2018
Spaulding Clinical Research, LLC specializes in providing comprehensive clinical research services tailored for the biopharmaceutical and medical device sectors. The company focuses on enhancing the efficiency and quality of Phase I drug development through its advanced platform, which offers electrocardiogram laboratory services and real-time data access. This capability allows pharmaceutical companies to obtain immediate insights and streamline their trials, ultimately reducing costs while improving the overall quality of their research outcomes. By leveraging technology and innovative processes, Spaulding Clinical aims to deliver significant value to its clients and support them throughout all phases of clinical development.

Catalyte

Venture Round in 2016
Catalyte is a software engineering services company that focuses on building technology workforces for innovative organizations using data science and artificial intelligence. Founded in 2000 and headquartered in Baltimore, Maryland, the company operates an apprenticeship and workforce training platform known as Odyssey. This platform connects employers with skilled talent through paid apprenticeships that allow individuals to learn and apply new technology development skills on real client projects. Catalyte's services emphasize talent and workforce development, software engineering, application development, and modernization, enabling businesses to access affordable technology solutions while enhancing their software innovation capabilities. By utilizing proprietary AI technology, Catalyte streamlines the hiring process, helping companies efficiently find and deploy qualified employees.

Linxx Global Solutions

Acquisition in 2015
Linxx Global Solutions, Inc. is a Virginia Beach-based company that specializes in information security and assurance, providing a range of security consulting, assessment, and training services. Founded in 2000, the company serves various government and military agencies, including the Department of Defense, Department of State, NASA, and the Department of Homeland Security, among others. Linxx Global Solutions offers services such as antiterrorism protection, professional staffing, technical and tactical training, and program management. In addition to government clients, the company also serves corporations and law enforcement agencies, aiming to enhance the safety and effectiveness of their operations. With contract support offices across 11 locations in the United States, Linxx Global Solutions is committed to delivering comprehensive security solutions tailored to meet the needs of its diverse clientele.

Dewey's Bakery

Acquisition in 2014
Dewey's Bakery is a producer of bakery products based in Winston-Salem, NC, known for its delicious sweet and savory treats that embody local flavors and traditions. The company specializes in creating a variety of baked goods, including cookies, cakes, crackers, and cheese straws, all crafted in a traditional homemade style using raw and natural ingredients. Dewey's Bakery aims to celebrate life and create moments of connection through its products, which are inspired by classic Southern cuisine. The company distributes its offerings through multiple channels, including retail bakeries, e-commerce, and private label manufacturing, allowing it to reach customers nationwide.
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