Comvest Partners

Comvest Partners is a private equity and credit investment firm established in 2000, based in West Palm Beach, Florida. The firm specializes in providing equity and debt capital to lower middle-market companies across various sectors, including business services, consumer and retail, healthcare services, industrials, technology services, financial services, specialty finance, and transportation and logistics. With a focus on growth-stage companies, Comvest Partners has invested over $1.3 billion in more than 95 public and private companies since its inception. The firm operates several funds, including direct lending and buyout funds, targeting investments ranging from $20 million to $200 million. Comvest Partners differentiates itself through its team of experienced operating executives who collaborate with company managers and owners to foster business growth and enhance long-term value.

Thomas AndrusKevich

Executive Partner

Alex Andruskevich

Vice President

Rachel Bazan

Principal, Direct Lending

Colin Beazley

Principal, Direct Lending

Krishna Bhadriraju

Vice President

Jonathan Black

Executive Partner

Logan Blignaut

Vice President

Benjamin Cannon

Principal, Private Equity

Robert Capalbo

Senior Vice President

Tom Carleton

Principal, Operating Advisory Group

Gordon Carroll

Associate, Private Equity

James Ceavers

Principal, Operating Advisory Group

Brian Cercek

Managing Director, Direct lending

Maneesh Chawla

Managing Partner, Private Equity and Member of the Executive Committee, Operating Committee and Investment Committee

Sarah Childers

Associate

Tom Clark

Senior Partner

Jim Cox

Operating Partner

Bruce Crain

Executive Partner

Ryan Dawson

Vice President and Operating Advisory Group Member

Peter Deegan JD

Principal - Human Capital, Operating Advisory Group

Sal Dona

Vice President, Finance and Operations and Controller, BDC / SMA Funds

Davis Ellies

Associate

Michael Falk

Founder and Executive Chairman

Dylan French

Senior Associate

Brenden Gallinek

Principal, Direct Lending

Jason Gelberd

Partner, Co-Head of Direct Lending

David Gibson

Managing Director, Direct Lending

Tom Goila

Partner, Member of Executive and Investment Committee and Co-Head of Healthcare for Comvest's Direct Lending Strategy

Andrew Goldsmith

Managing Director of Capital Markets, Direct Lending

Derek Gould

Managing Director, Special Opportunities

Brendan Green

Principal, Direct Lending

Marshall Griffin

Partner

Ponder Harrison

Executive Partner

Joe Higginbotham

Managing Director, Direct Lending

Kamau Hixon

Principal, Direct Lending

Patrick Hood

Associate

John Huitink

Principal, Direct Lending

Zachary Hungate

Associate

George Ittner

Executive Partner

Ojas Jangada

Associate

Tim Kim

Managing Director and Head of Specialty Finance for Comvest's Direct Lending Strategy

Riddi Kline

Executive Partner

Alex Knowland

Principal

Russell Knox

Associate

John Koehler

Managing Director of Operating Advisory Group

Adam Kollender

Principal

Matthew Kunz

Principal, Private Equity

Kevin LaHatte

Partner

Daniel Lee

Partner

Roger Marrero

Senior Partner, Private Equity and Executive Committee Member and Investment Committee Member

George Mattson

Executive Partner

Nicholas McClelland

Managing Director, Direct Lending

Bradley Nii

Managing Director

Nicholas Noglows

Vice President

Christopher O'Donnell

Managing Director, Direct Lending

Robert O'Sullivan

Co-Founder of Direct Lending Strategy, Managing Partner and Member of Executive Committee and Investment Committee

Austin Peters

Associate

Bryce Peterson

Managing Director and Co-Head of Healthcare, Direct Lending Strategy

Bryan Polson

Senior Associate

Renee Rempe

Managing Director, Direct Lending Group

Gregory Reynolds

Partner, Co-Head of Direct Lending and Member of the Executive and Investment Committee

Greg Reynolds

Partner, Co-Head of Direct Lending

James Robo

Executive Partner

Cecilio Rodriguez

CFO

Palmer Rosemond

Principal

Keith Rosenbloom

Managing Partner

Emilie Schaffer

Vice President, Financial Planning and Analysis

Andrew Shear

Principal, Private Equity

Eric Shields

Principal

Michael Shim

Senior Managing Director and Lead of the Operating Advisory Group

Scott Soracoe

Managing Director, Direct Lending

Gerald Vento

Operating Partner

Enrique Viciana

Principal, Direct Lending

Scott Watson

Principal, Operating Advisory Group

Susan Willens

Principal

Norm Wilox

Operating Partner

37 past transactions

Renovation Brands

Private Equity Round in 2021
Renovation Brands LLC is an internet retail company based in Florence, Alabama, specializing in home improvement products for both residential and commercial clients. Founded in 2002 and formerly known as Net Direct Merchants, LLC, the company operates multiple eCommerce brands that focus on specific niches within the renovation space. Its product offerings include electric fireplaces, outdoor heaters, fireplace mantels, decorative ceiling tiles, and various heating solutions. Renovation Brands serves a diverse clientele, including architects, builders, interior designers, and property managers, positioning itself as a leading source for superior renovation products. The company has established itself as a prominent player in the digital retail market, recognized for its curated selection of exclusive and proprietary branded items.

Gen3 Marketing

Private Equity Round in 2021
Gen3 Marketing, LLC specializes in providing tailored digital marketing solutions. Founded in 2006, the company is headquartered in Blue Bell, Pennsylvania, with an additional office in Santa Barbara, California. Its services encompass affiliate marketing, search engine optimization (SEO), paid search including pay-per-click (PPC) and display advertising, social media management, digital outreach, public relations, and media marketing. Gen3 Marketing focuses on delivering comprehensive strategies to enhance online presence and drive customer engagement for its clients.

Leixir Group

Private Equity Round in 2021
Leixir Group operates a network of advanced dental laboratories in the United States and Canada, specializing in a comprehensive range of dental restorations and digital dentistry solutions. The company provides various products, including crowns, bridges, implants, advanced ceramic systems, and dentures, catering to the needs of dentists worldwide. Leixir Group also offers removable prosthesis products, such as orthodontics, night guards, and denture repairs, alongside cosmetic and restorative dentistry services. A significant emphasis is placed on digital dentistry, with offerings that include digital impressions, intra-oral scanners, and CAD/CAM implant planning. Through its strategic locations, Leixir Group aims to deliver superior services and innovative technology while maintaining a commitment to traditional dental practices.

von Drehle

Debt Financing in 2020
von Drehle Corporation is a manufacturer and supplier of towel and tissue products, primarily catering to the away-from-home market. Founded in 1974 and headquartered in Hickory, North Carolina, the company provides a range of products, including center pull, hardwound, folded, and household roll towels, as well as jumbo roll tissues, bath tissues, facial tissues, and various dispensers. Its products are widely utilized in industrial and commercial settings, medical facilities, government complexes, airports, and hotels. von Drehle serves its customers through a global network of distributors and operates production facilities in several locations, including Maiden and Cordova in North Carolina, Memphis, Tennessee, Las Vegas, Nevada, and Natchez, Mississippi. The company is committed to delivering quality products while ensuring exceptional service in the industry.

Encompass Supply Chain Solutions

Private Equity Round in 2020
Encompass Supply Chain Solutions, Inc. specializes in supplying replacement parts and accessories for a diverse range of products, including appliances, consumer electronics, computers, personal care items, and HVAC systems. The company also offers services in board repair and reverse logistics, supporting various end markets such as home appliances and personal care products. Founded in 1953 and based in Lawrenceville, Georgia, Encompass operates in multiple countries, including the United States, Canada, and several nations in Latin America and Europe. The company focuses on managing the entire product lifecycle, providing logistics for both finished goods and replacement parts, as well as services like returns management and eco-friendly disposal, ensuring transparency and efficiency throughout its operations.
Encompass Supply Chain Solutions, Inc. specializes in supplying replacement parts and accessories for a diverse range of products, including appliances, consumer electronics, computers, personal care items, and HVAC systems. The company also offers services in board repair and reverse logistics, supporting various end markets such as home appliances and personal care products. Founded in 1953 and based in Lawrenceville, Georgia, Encompass operates in multiple countries, including the United States, Canada, and several nations in Latin America and Europe. The company focuses on managing the entire product lifecycle, providing logistics for both finished goods and replacement parts, as well as services like returns management and eco-friendly disposal, ensuring transparency and efficiency throughout its operations.

VanDeMark Chemical

Acquisition in 2019
VanDeMark is dedicated to providing products and services that enhance the quality and performance of our customers' products. Quality assurance and continuous improvement are emphasized throughout all levels of the organization. These Core Business Competencies are promoted by means of communication that builds teamwork and professionalism, and by a learning and feedback process that encourages employee contributions. As a result, goals are met for efficiency, productivity and delivery as well as for health, safety and environmental concerns.

Ojos Locos

Private Equity Round in 2018
Ojos Locos Sports Cantina, LLC is a sports-themed restaurant and bar founded in 2010 and based in Plano, Texas. The establishment caters primarily to the Hispanic community, providing a relaxed atmosphere that emphasizes comfort and cultural connection. Ojos Locos features state-of-the-art HD televisions that broadcast a variety of sporting events, including soccer, boxing, UFC, NFL, MLB, and NBA games, ensuring that patrons can enjoy both local home games and international matches. With locations in Houston, Dallas, San Antonio, Fort Worth, and El Paso, Texas, as well as Albuquerque, New Mexico, Ojos Locos aims to create a vibrant social space where sports enthusiasts can gather to celebrate their favorite games and enjoy authentic Mexican cuisine.

RugsUSA

Private Equity Round in 2018
Designer Rugs, Designed for Less. http://instagram.com/rugs_usa

Systems Control

Acquisition in 2018
Systems Control, founded in 1962 and based in Iron Mountain, Michigan, specializes in the design and manufacture of control and relay panels as well as equipment enclosures. The company focuses on providing critical components for electrical transmission and distribution substations across North America. Its products are essential for the protection, transmission, and distribution of energy, enabling electric utility providers to maintain reliable operations. Through its manufacturing capabilities, Systems Control supports the infrastructure necessary for efficient energy management and distribution.

Engage2Excel

Acquisition in 2018
Engage2Excel takes employee engagement and recognition to new heights. America’s oldest employee recognition company is now called Engage2Excel. TharpeRobbins was founded in 1892, when mechanization and mass production fueled rapid growth for companies that answered consumer demand for abundant and affordable products. For 123 years, we have been a pioneer in helping America’s leading brands find new ways to recognize exceptional employee performance. Now, as Engage2Excel, we provide Engagement Surveys, ROI-based Recognition Programs, Performance Analytics and Talent Acquisition solutions that enable companies to improve employee engagement to drive bottom-line business results.

MinuteKey

Series D in 2018
MinuteKey is a developer of self-service key duplication kiosks based in Boulder, Colorado. The company has created the world's first self-service key duplication machine, which utilizes a proprietary laser imaging system to accurately identify key types and provide real-time updates on the duplication process. The founders have invested significant time in refining the technology, resulting in a highly reliable and user-friendly key-cutting device. MinuteKey's innovations encompass advancements in robotics, electronics, and software engineering, with several patents pending to protect these developments. Today, MinuteKey kiosks are strategically placed in high-traffic areas of major retail locations, making key duplication accessible and convenient for customers.

Citizens Rx

Private Equity Round in 2017
Citizen's Rx, LLC provides pharmacy benefit management services to public and private companies, and health plans in the United States. It offers administrative operations services, such as claims processing, formulary management, and Rx network management; and clinical and consulting services, including predictive modeling, medical/pharmacy data integration, trend analysis and reporting, member and physician outreach programs, prior authorization and utilization management, value-based benefit design, preferred drug list, and rebate management. The company also provides service support solutions, which include implementation, client service teams, call center, and consulting services;

Carepayment

Private Equity Round in 2017
CarePayment is a healthcare finance company that assists individuals in managing their medical expenses. By offering patient finance solutions to hospitals, physician practices, and ancillary service providers across the country, CarePayment enables patients to access the care they need without financial strain. The company employs advanced analytics and a distinctive patient engagement model to enhance financial performance for healthcare providers, thereby supporting the delivery of quality care to communities.
Interamerican Medical Center Group provides primary care and specialty services to Medicare, Medicaid and commercial populations through 19 medical centers in Florida. The company delivers high quality medical care to thousands of members for numerous managed care organizations.

Lasko Holdings

Private Equity Round in 2016
Lasko has been engineering and building high performance home comfort products with leading edge designs in the U.S. and around the world for 110 years. Started in 1906 by Mr. Henry Lasko, the company has grown to an international organization and a leader in portable fans and heaters. The company’s products can be found at many retailers and online sites.

D&S Community Services

Acquisition in 2016
D&S Community Services is a prominent provider of residential and community-based services for individuals with intellectual and developmental disabilities, operating in Texas, Tennessee, and Kentucky. The organization offers a diverse array of services, including supported group home living, intermediate care facilities, foster care, in-home support, day habilitation programs, and specialty therapy and nursing services. D&S Community Services is dedicated to empowering these individuals, helping them achieve greater independence and self-determination in their lives.

Old Time Pottery

Acquisition in 2014
Old Time Pottery, Inc. is a discount retailer specializing in home décor products, offering a wide range of items including decorative accessories, furniture, lighting, rugs, wall décor, and window treatments. The company also provides dining and entertaining products such as dinnerware and serveware, kitchen tools, bed and bath essentials, floral arrangements, and seasonal merchandise. Founded in 1985 and headquartered in Murfreesboro, Tennessee, Old Time Pottery operates stores across several states, including Alabama, Florida, and Georgia. The retailer aims to provide affordable options for home decoration and has expanded its reach through an online platform, allowing customers worldwide to purchase its products. In June 2020, Old Time Pottery filed for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Middle District of Tennessee, indicating challenges faced in recent years.

Egenera

Venture Round in 2014
Egenera, Inc. is a provider of cloud services and data center infrastructure management software, headquartered in Boxborough, Massachusetts, with additional offices in Japan and Ireland. Founded in 2000, the company specializes in the Egenera Cloud Suite, which includes PAN Cloud Director, PAN Manager, and PAN Domain Manager. This suite enables enterprises and service providers to design, deploy, manage, and protect IT services in a cloud environment. Egenera's offerings include a range of dedicated, managed, private, and hybrid cloud services, such as Infrastructure as a Service, Disaster Recovery as a Service, and Backup as a Service, which are delivered exclusively through partnerships with managed service providers and independent software vendors. The company maintains over 50 partnerships with leading technology firms and serves a diverse clientele, including enterprise data centers, financial institutions, healthcare organizations, and government agencies globally. Additionally, Egenera provides consulting, training, and various support services related to its software solutions.

Bizfi

Debt Financing in 2014
Bizfi is a financial services provider that specializes in offering a diverse range of funding options to businesses, particularly in the retail, restaurant, and service sectors. The company operates an automated online marketplace that utilizes proprietary technology to deliver real-time pre-approvals and facilitate access to various financing products. By “purchasing” a small percentage of future credit card revenues, Bizfi provides merchant cash advances and other funding solutions to qualified businesses, regardless of their credit history. This approach aims to eliminate hidden fees and unreasonable repayment terms, allowing businesses to secure the necessary capital to grow without unnecessary complications. Bizfi's commitment is to partner with businesses, helping them achieve their potential through accessible and flexible funding solutions.

Adayana

Acquisition in 2014
Adayana Agribusiness Group Inc. is a consulting firm focused on enhancing human capital and organizational performance within the agribusiness sector, including areas such as animal health, seed production, livestock, and farming equipment. Established in 1979 and based in Indianapolis, Indiana, the company offers a range of services that include learning solutions, managed learning services, strategy and management consulting, branding, and performance technologies. Adayana serves various clients across multiple industries, including federal government, automotive, healthcare, and food and beverage, emphasizing a tailored approach to meet the specific needs of each sector. Since January 2016, Adayana has operated as a subsidiary of Beck Ag, Inc., continuing its commitment to delivering industry-specific expertise and solutions.

City Loan

Debt Financing in 2013
When you get an auto title loan online from City Loan, you are guaranteed fast money at an affordable monthly payment. What makes us different from other title loan lenders in California is that we are devoted to you, our client, and to ensuring that your experience with us is positive and that you get the financial help you can trust. Do you think all auto title lenders are the same? No my friend!! • We don't do a credit check* • We put money in your hands today • Almost 99% of our customers remain in good standing. This is 10 times more than the industry standard. The City Loan Difference™ We are rated A+ with the BBB for one simple reason: we treat you with the respect and honesty you deserve. Close to 99% of all our customers are in good standing with us every single month, and that is something we are proud of since it is ten times better than the industry standard. And you get your own Personal Account Manager (PAM) to work with you every month until your loan is paid off. If you have a problem during our partnership, your own PAM will help you with coming up with a solution.

Karmaloop

Debt Financing in 2012
Karmaloop, Inc. is an online retailer specializing in cutting-edge fashion for men and women, offering a diverse range of products including clothing, footwear, and accessories. Founded in 1999 and based in Boston, Massachusetts, Karmaloop has positioned itself as a prominent player in the streetwear market. The company's extensive product line features items such as denim, T-shirts, outerwear, dresses, and various accessories like bags, jewelry, and sunglasses. Karmaloop has evolved beyond a mere e-commerce platform to become a community that celebrates individuality and cultural expression, appealing to a demographic seeking alternative styles in a market often dominated by mainstream fashion trends. As of 2016, Karmaloop operates as a subsidiary of Shiekh Shoes, Inc., continuing its mission to promote unique fashion and foster a vibrant cultural scene.

Cartera Commerce

Venture Round in 2012
Cartera Commerce delivers the industry's most comprehensive, fully-managed, performance-based offer platform for card issuers, airline frequent flyer programs and merchants. Cartera works with two of the three largest financial institutions, all five of the largest airlines and hundreds or merchant advertisers to power personalized, omni-channel shopping and marketing programs that build consumer engagement and loyalty, maximize card spend and create new revenue streams. The Cartera offer platform delivers relevant offers via multiple digital marketing channels including website, online banking, email, mobile, and social media. The company is headquartered in Lexington, MA.

Alana HealthCare

Debt Financing in 2011
Alana HealthCare, LLC, based in Nashville, Tennessee, specializes in healthcare management services for individuals living with chronic and complex health conditions. The company offers a range of services designed to support effective management of these conditions, including comprehensive patient care, clinical consultation, and ambulatory infusion centers. Additionally, Alana HealthCare provides wound therapy management, respiratory therapy, home-based therapy, and non-invasive ventilation devices, ensuring patients receive tailored support for their unique healthcare needs. Through its diverse offerings, Alana HealthCare aims to enhance the quality of life for those navigating chronic illnesses.

Cartera Commerce

Venture Round in 2011
Cartera Commerce delivers the industry's most comprehensive, fully-managed, performance-based offer platform for card issuers, airline frequent flyer programs and merchants. Cartera works with two of the three largest financial institutions, all five of the largest airlines and hundreds or merchant advertisers to power personalized, omni-channel shopping and marketing programs that build consumer engagement and loyalty, maximize card spend and create new revenue streams. The Cartera offer platform delivers relevant offers via multiple digital marketing channels including website, online banking, email, mobile, and social media. The company is headquartered in Lexington, MA.

StarGen

Venture Round in 2003
StarGen, a semiconductor company, provides serial switched interconnect solutions for compute and communications equipment. It offers low-overhead, protocol-agnostic, and open standards-based serial switched architectures. The company also offers a product line for vendors of access communication platforms for voice, data, and video networks, as well as vendors of embedded systems; and AXSys architectures. It serves communications, storage, server, and embedded markets. The company was founded in 1999 as StarBridge Technologies, Inc. and changed its name to StarGen, Inc. in 2000. StarGen, Inc. is headquartered in Marlborough, Massachusetts. As of February 16, 2007, StarGen, Inc. operates as a subsidiary of Dolphin Interconnect Solutions AS.

Cymfony

Series C in 2003
Cymfony, a Kantar Media company, specializes in market influence analytics by analyzing the vast array of voices present in both social and traditional media. Their advanced platform, Maestro, combines innovative technology with expert analysis to effectively identify key individuals, issues, and trends that influence business dynamics. By rapidly processing and interpreting data, Cymfony enables organizations to gain insights into the evolving market landscape, facilitating informed decision-making.

Cymfony

Series C in 2003
Cymfony, a Kantar Media company, specializes in market influence analytics by analyzing the vast array of voices present in both social and traditional media. Their advanced platform, Maestro, combines innovative technology with expert analysis to effectively identify key individuals, issues, and trends that influence business dynamics. By rapidly processing and interpreting data, Cymfony enables organizations to gain insights into the evolving market landscape, facilitating informed decision-making.

PhyFlex Networks

Series B in 2002
PhyFlex Networks is a business services software and broadband access company that creates new business models for cable operators through its True Broadband solution. True Broadband includes a comprehensive software suite for the creation, provisioning, and management of end-to-end broadband services dynamically and on demand.

Bigband Networks

Series C in 2002
BigBand Networks, Inc. specializes in integrated broadband access solutions for cable operators and telecommunications companies. The company develops, markets, and sells network-based platforms that facilitate the delivery of video services over various types of networks, including coaxial, fiber, and copper. Operating both in the United States and internationally, BigBand Networks focuses on enhancing the capabilities of service providers to meet the demands of modern video delivery.

Airvana

Venture Round in 2002
Airvana, Inc. specializes in small cell solutions designed for communication applications, particularly in enhancing mobile broadband services. The company provides 4G LTE and 3G small cell systems aimed at improving voice coverage, data performance, and network capacity. Its product offerings include enterprise LTE small cells, such as the OneCell cloud RAN system, as well as consumer and small office 3G small cells. Additionally, Airvana develops small cell management and self-organizing network systems to support large-scale deployments. Founded in 2000 and headquartered in Chelmsford, Massachusetts, Airvana has development centers in both Chelmsford and Bengaluru, India. The company has established strategic partnerships with major industry players to enhance its technology and market presence. As of 2015, Airvana operates as a subsidiary of CommScope Holding Company, Inc.

Cinta Networks

Venture Round in 2001
Cinta Networks Corporation designs and builds next-generation carrier-class optical networking systems for telecommunications service providers who need to meet and manage the unpredictable demand for and growth in bandwidth on the optical network.

Infinera

Series A in 2001
Infinera Corporation is a global provider of optical transport networking equipment, software, and services, utilizing advanced photonic integration technology. The company offers a diverse portfolio that includes modular platforms, coherent optical transport systems, and packet-optical transport solutions, enabling high-performance networking across various applications. Notable products include the Infinera Groove series, FlexILS open line systems, and XTC multi-terabit platforms, which support operators in managing and processing data effectively. Infinera's digital transport node (DTN) system leverages photonic integrated circuits to facilitate digital processing and wavelength division multiplexing, enhancing network capabilities. The company serves a wide range of customers, including telecommunications service providers, internet content providers, cable operators, educational institutions, and government entities. Infinera also provides a comprehensive suite of support services, including technical support, installation, and professional services, ensuring robust operation of its networking solutions. Headquartered in Sunnyvale, California, Infinera was founded in 2000 and has established itself as a key player in the optical networking market.

Laurel Networks

Series B in 2001
Laurel Networks is focused on the development of IP service edge routers and management solutions. Laurel Networks was founded in 1999 and is based in Pittsburgh, Pennsylvania.

LuxN

Series C in 2000
LuxN provides intelligent optical access and transport solutions for metropolitan service providers and major enterprises. Supporting both CWDM and DWDM, LuxN's carrier-class, OSMINE-certified systems offer manageability and service level assurance for critical applications. LuxN's protocol-independent solutions enable delivery of high-bandwidth data, storage, video, and voice services for a diversified customer base including ILECs, CLECs, MSOs, utilities, municipalities, and storage providers. An ISO 9001 certified company, LuxN has a diverse base of customers and distribution partners spanning the North American, Asia-Pacific, and European regions.
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