Virgo Investment Group

Virgo Investment Group ("Virgo") is an opportunistic, private investment firm with a value investment philosophy, a bias toward the preservation of capital and an emphasis on generating a current yield on invested capital. Virgo leverages macroeconomic viewpoints to identify market seams where there are mis-pricings and where investment returns are less correlated with market credit spreads and corporate valuation multiples. Virgo's strategy combines investments in both special situations and credit opportunities to optimize risk-adjusted returns. This strategy is enabled by a flexible mandate to invest across the capital structure in industries such as healthcare; financial services; software, media & information services; aviation and energy.
EA

Eli Aheto

Partner

AD

Anthony Diaz

Operating Partner

Todd Dorfman

Partner

EE

Eli Eheto

Partner

Pooja Goel

MD

SG

Scott Guthrie

Managing Partner

CK

Cindy Kim

VP Of Finance

LK

Lenore Kopko

Head of Investor Relations and Marketing

Gary Krauthamer

Partner

YL

Yibai Li

Senior Investment Associate

KL

Kyle Limberg

VP

Chris MacDonald

Founding Partner

Mack McNair

Founding Partner

Mark Perez

Partner

Robert Racusin

Partner, COO and Chief Compliance Officer

JW

James W. Stewart

Operating Partner

Brian M. Wade

VP

Jesse Watson

Founder, Managing Partner and CIO

Past deals in Minnesota

Lease Corporation of America

Private Equity Round in 2013
Lease Corporation of America, a financing company, provides finance and leasing solutions for resellers, distributors, and manufacturers of medical, copier, telecommunication, wireless, and security equipment. The company specializes in financing technology and industrial equipment. It offers equipment leasing and finance programs for vendors in security, point of sale, radios, office imaging, information technology, automotive repair, medical, telecommunications, audiovisual, furniture, and construction areas. The company also offers small business administration lending for new business and professional service practice start-ups, business and professional service practice acquisitions, franchise lending, growth and expansion, established business and professional service practices, new or used equipment, and office and technology equipment. In addition, the company finances equipment for commercial businesses, associations, non-profit organizations, and municipalities; and offers myLEASE, an online financing microsite for equipment leasing. Further, it engages in the buy/sell activities of related entities. It serves auto repair, health and wellness, hospitality, manufacturing, medical, municipalities, office products, and technology industries. The company offers its products through its representatives in North America. Lease Corporation of America was founded in 1988 and is based in Troy, Michigan.

Transverse Insurance Group, LLC

Private Equity Round in 2019
Transverse Insurance Group launched in 2018 serving as a P&C program carrier, partnering with reinsurers and program administrators to provide a broad range of property and casualty products for commercial and personal lines. Transverse can provide admitted and non-admitted solutions. Transverse adds unique value through its ability to retain risk and being an active partner in all functional areas of the program cycle.

Combustion Music, Inc.

Private Equity Round in 2014
Combustion Music, Inc. operates as a music publishing/production company. The company produces music in various genres. It serves customers in the United States and internationally. The company was founded in 2001 and is based in Nashville, Tennessee.

Now Account Network

Debt Financing in 2021
At NOW Corp they are committed to enabling businesses to GROW FEARLESSLY. They do this by offering an innovative payment system called NOWaccount® that enables businesses to get paid their actual revenue immediately so they can win more business without the burden and risk of being a free bank to their business and government customers. With NOWaccount as your secret weapon you can grow in ways you never thought possible. Each member of the NOW Corp team is ready to help you find out just how far you can GROW.

Stonegate Capital Holdings, LLC

Private Equity Round in 2017
Stonegate Capital Holdings, LLC, is a diversified private credit investment firm with a unique approach to providing financing solutions to established lower middle market businesses and emerging brands, their sponsors and supporters. At a time when traditional sources of debt capital are limiting their exposure due to risks, increasing costs, and regulations, Stonegate Capital has emerged as a stable source of liquidity for borrowers across industries and economic cycles.

Hawkeye Partners

Private Equity Round in 2013
Hawkeye Partners, LP is a private equity and venture capital firm specializing in direct and fund of fund investments. The firm seeks to make seed/start up, incubation, and growth capital investments. The firm prefers to invest in real estate operators and developers; highly experienced break out groups from opportunity funds, REITs, and financial institutions that have recently formed their own investment firms; and emerging general partner managers. It prefers to take minority stakes. The firm also provides advisory services to institutional investors. Hawkeye Partners, LP was founded in 2004 and is based in Austin, Texas.

One77 Music, LLC

Private Equity Round in 2013
one77 Music is a strategically designed music publishing company aimed to deliver the highest level of personal service and to maximize value and efficiency for our songwriters and publishing partners. It was inspired by two elements from the periodic table: Hydrogen (1), the raw fuel for stars, and Iridium (77), a rare earth metal that defies manipulation.

4 AM Midstream

Private Equity Round in 2017
4AM Midstream owns, operates, builds and acquires natural gas and midstream infrastructure assets. They place the safety of their associates, clients, the communities in which they operate and the environment as their number one core value. The 4AM Midstream team has experience in midstream as well as in production field operations. This diversity ensures that their midstream systems provide their producers with optimum well output. In every facet of their business, they remain committed to their mission and values of safety, integrity, reliability and excellence.

Lever, Inc.

Private Equity Round in 2019
Lever is one of the most recognized brands in talent acquisition software for mid-sized and enterprise companies. Our software enables teams to post jobs, source, interview, and hire top talent. We've combined ATS & CRM into a single platform, Lever Hire. Our Talent Acquisition Suite also includes tools for recruitment marketing and analytics: Lever Nurture, Lever Talent Intelligence, and Lever Data Warehouse Sync. Our customers include Netflix, Mercedes-Benz, KPMG, Spotify, Delta Dental, Cirque du Soleil, and over 3000 other customers.

Zephyrus Aviation Capital

Private Equity Round in 2014
Zephyrus Aviation Capital Limited operates as an aircraft and engine leasing and trading company. The company provides fleet management solutions to lessors and commercial airlines around the world. Zephyrus Aviation Capital Limited fleet includes A319, A320, A321, A330, 737-700, and 737-800. The company was founded in 2018 and is based in Dublin, Ireland.

Ag Resource Management, LLC

Private Equity Round in 2015
Ag Resource Management, LLC provides loans and crop insurance products to agribusinesses and farmers for their financial and risk management needs. It offers production loans, cash advances for grain storage, capital bridge loans, and Wheat Xpress loans. Ag Resource Management, LLC was founded in 2009 and is based in Rayville, Louisiana. It has additional offices in Crowley, Louisiana; Cleveland, Mississippi; Dexter, Missouri; Jonesboro, Arkansas; and Victoria and Amarillo, Texas.

Now Account Network

Series A in 2021
At NOW Corp they are committed to enabling businesses to GROW FEARLESSLY. They do this by offering an innovative payment system called NOWaccount® that enables businesses to get paid their actual revenue immediately so they can win more business without the burden and risk of being a free bank to their business and government customers. With NOWaccount as your secret weapon you can grow in ways you never thought possible. Each member of the NOW Corp team is ready to help you find out just how far you can GROW.

Flow Water

Private Equity Round in 2020
Flow Water is a social water brand, dedicated to the pursuit of positive experience and providing the highest quality water in the world.

L.A. Libations

Private Equity Round in 2021
L.A. Libations is an accelerator/incubator firm based in El Segundo, California. The firm prefers to invest in the beverage, health, and wellness sectors.

Bitcentral, Inc.

Private Equity Round in 2019
Bitcentral is a software company that provides efficient media workflows and customized solutions to maximize the value of video content. It also provides solutions to streamline broadcast and media operations. Its products include Core News™, Central Control™, and FUEL™. Currently, there are more than 1,000 broadcast operations worldwide rely on Bitcentral's news production and master control automation software and with FUEL™, they'll now be able to target and deliver personalized content across digital platforms (OTT, web, apps, mobile devices), social media and syndication. Bitcentral was founded in 2000 and is based in Newport Beach, California.

Lifesprk LLC

Funding Round in 2020
Lifesprk LLC provides home care services in Minnesota. It offers whole person senior care services, such as companionship, light housekeeping, shopping and errands, meal preparation, walking/mobility, bathing assistance, dressing and grooming, medication assistance, dementia care, respite care, and live-in care; and home health services, including skilled nursing, social services, and home health aides, as well as physical, occupational, and speech therapy. The company also provides senior housing solutions. Lifesprk LLC was founded in 2004 and is based in Edina, Minnesota.

Superfly

Private Equity Round in 2018
Superfly is an entertainment company and creative agency that produces live events and creates strategic multiplatform experiences for brands. The company’s work includes Bonnaroo Music & Arts Festival, Outside Lands Festival, The Great GoogaMooga, and Life is Good Festival. Superfly was co-founded by Kerry Black, Rick Farman, and Jonathan Mayers in 1996 and is headquartered in New York, United States with offices in San Francisco and Chicago.

Lifesprk LLC

Series B in 2021
Lifesprk LLC provides home care services in Minnesota. It offers whole person senior care services, such as companionship, light housekeeping, shopping and errands, meal preparation, walking/mobility, bathing assistance, dressing and grooming, medication assistance, dementia care, respite care, and live-in care; and home health services, including skilled nursing, social services, and home health aides, as well as physical, occupational, and speech therapy. The company also provides senior housing solutions. Lifesprk LLC was founded in 2004 and is based in Edina, Minnesota.

LiveStyled

Series A in 2020
Realife Tech (formerly known as LiveStyled) is an automation platform that provides IT solutions in the fields of live concert and lives event retailer. The platform automates personalized experiences for each individual using machine learning and configurable workflows. It serves content that makes people feel as well as think, it elevates every interaction to be more responsive, more human, and more real. Realife Tech is helping events around the world return to action, to assist in kick-starting the economy, and providing a safe environment for fans and customers. The platform aggregates data from multiple systems including apps, ticketing systems, Wi-Fi, point-of-sale, digital advertising screens, and access control points within real-world destinations to create a single view of the customer across their journey.

Zippy Shell

Venture Round in 2015
Zippy Shell Incorporated provides portable moving and self-storage services to individuals and businesses. The company offers local and long distance moving, mobile storage, on-site storage, and loading, unloading, and packing services. It offers 30-days of storage with every long distance of move. The company serves customers in residential, commercial, military, student, and realty storage sectors. Zippy Shell Incorporated was formerly known as Zippy Shell USA, LLC and changed its name to Zippy Shell Incorporated in June 2015. The company was incorporated in 2009 and is based in Wake Forest, North Carolina.

Swift Medical Inc.

Series B in 2021
Swift Medical Inc. develops and provides Swift, a medical mobile application that allows physicians in measuring and documentation of patient’s wound progression images. It allows physicians to share images in real-time and tracks wound progression. The company is based in Toronto, Canada.

Peerfit, Inc.

Venture Round in 2020
Peerfit, Inc. operates as an community that helps people discover the fitness classes and motivates them to attend and share. Its platform allows companies and their employees to select classes that fit their personal tastes from its network of studios and gyms; to reserve classes and manage fitness schedule from its dashboard; and to mix up workouts, such as yoga, crossfit, cycling, boxing, and more. Peerfit, Inc. was founded in 2011 and is headquartered in Tampa, Florida.

Peerfit, Inc.

Series C in 2019
Peerfit, Inc. operates as an community that helps people discover the fitness classes and motivates them to attend and share. Its platform allows companies and their employees to select classes that fit their personal tastes from its network of studios and gyms; to reserve classes and manage fitness schedule from its dashboard; and to mix up workouts, such as yoga, crossfit, cycling, boxing, and more. Peerfit, Inc. was founded in 2011 and is headquartered in Tampa, Florida.

Clinipace

Private Equity Round in 2015
Clinipace is a clinical research organization that specializes in fully integrated clinical research services for biopharmaceutical and medical device firms. It delivers a level of collaboration and flexibility not possible in a traditional CRO environment. The company was founded in 2003 and headquartered in Morrisville, North Carolina.

80 Acres Farms

Venture Round in 2020
80 Acres delivers tasty and fresh produce all year round, locally grown, 100% clean guaranteed, and with no dependency on weather or climate through indoor farming technology. We are delivering produce that is better for you, your community and the planet.

Volta Charging

Series C in 2020
Volta Charging is a marketing and advertising company that designs, installs, and maintains a network of electric vehicle charging stations funded by sponsor brands. The company provides a valuable community amenity in markets across the U.S. helping brands meet consumers at the optimal moment of the purchase decision. It was founded in 2010 and is headquartered in San Francisco, California.

Connect Homes

Series A in 2019
The Connect Homes housing system comes from a decade of research on making high-modern, green architecture affordable to the mass-market. The results are low-cost modular prefab homes that mimic the spatial and aesthetic qualities of mid-century modern California residential architecture. These homes can be shipped anywhere, adapted to any environment, and are move-in ready a few weeks later. Connect Homes modules emerge from our San Bernardino factory 95% complete -- with all interior and exterior finishes, doors, windows, appliances, plumbing, mechanical, fire sprinkler systems, finish flooring, and roofing already installed. The homes can be shipped worldwide on the intermodal shipping container network, and can be installed in as little as two weeks.

Nautilus Solar Energy

Private Equity Round in 2015
Nautilus Solar is one of the industry's fastest-growing solar development companies. Founded in 2006 as a spin-off of Nautilus Energy, LLC, Nautilus Solar delivers clean renewable energy to commercial, industrial, non-profit and utility customers. Our mission is to work closely with our clients to reduce energy costs through the use of renewable power. The company has projects in operation, construction and development in the Northeast, Southwest and Western US. Nautilus Solar is based in Summit, New Jersey.

Ygrene Energy Fund, Inc.

Venture Round in 2014
Ygrene is a national leader in residential and commercial energy efficiency and resiliency project financing. Founded in 2010, Ygrene’s award-winning, privately funded Property Assessed Clean Energy (PACE) program is revolutionizing the home improvement industry, making it easier for property owners to invest in their futures and a healthier environment. Ygrene is delivering greater choice for home and business owners by providing accessible and affordable financing for energy efficiency, renewables, water conservation, storm protection and seismic upgrades. Recognized as one of the fastest growing asset classes in the country, PACE has proven to be a successful tool for supporting public policy initiatives, all without the use of public tax dollars or credits. To date, Ygrene has provided over $1 billion of private capital to more than 69,000 property owners in over 500 communities, creating thousands of jobs and investing millions into local economies across the U.S. While PACE programs are enabled by state legislation and must be approved by local governments, Ygrene is not a government program.

Volta Charging

Series C in 2018
Volta Charging is a marketing and advertising company that designs, installs, and maintains a network of electric vehicle charging stations funded by sponsor brands. The company provides a valuable community amenity in markets across the U.S. helping brands meet consumers at the optimal moment of the purchase decision. It was founded in 2010 and is headquartered in San Francisco, California.

Volta Charging

Series B in 2016
Volta Charging is a marketing and advertising company that designs, installs, and maintains a network of electric vehicle charging stations funded by sponsor brands. The company provides a valuable community amenity in markets across the U.S. helping brands meet consumers at the optimal moment of the purchase decision. It was founded in 2010 and is headquartered in San Francisco, California.

Apricus Health

Venture Round in 2021
Apricus Health provides members a direct one-on-one relationship with healthcare providers and care navigators who are accessible from any location to diagnose and treat a wide range of medical conditions.

Volta Charging

Series B in 2016
Volta Charging is a marketing and advertising company that designs, installs, and maintains a network of electric vehicle charging stations funded by sponsor brands. The company provides a valuable community amenity in markets across the U.S. helping brands meet consumers at the optimal moment of the purchase decision. It was founded in 2010 and is headquartered in San Francisco, California.

80 Acres Farms

Private Equity Round in 2019
80 Acres delivers tasty and fresh produce all year round, locally grown, 100% clean guaranteed, and with no dependency on weather or climate through indoor farming technology. We are delivering produce that is better for you, your community and the planet.