Stonehenge Capital

Stonehenge Capital is a national specialty finance company established in 1999, focusing on private equity, tax credit finance, and structured finance. Originating from Bank One, the firm provides long-term capital to privately held businesses across various sectors, including technology, healthcare, manufacturing, and community development. Stonehenge Capital specializes in funding strategies such as growth capital, management buyouts, acquisitions, and recapitalizations. The company manages multiple private equity and mezzanine investment funds, boasting over $500 million in capital. Additionally, Stonehenge Community Development, a subsidiary of Stonehenge Capital, emphasizes investments in New Markets Tax Credit Program allocations, targeting businesses and non-profits in economically distressed areas to foster significant community impact. With offices across several states, Stonehenge Capital aims to support diverse industries while contributing to the economic development of local communities.

Thomas (Tom) Adamek

President

Stephen Bennett

Senior Managing Director

Jonathan M. Crawford

Director

Jon Dangar

Director

Jonathan Ernst

Senior Associate

Douglas R. Fox

VP of Accounting

Charles Haberkorn

Managing Director, Growth Capital

Mitchell Hill

Senior Associate

Rachel J. Jessee

Vice President

David Kocen

Director

Steven C. LeBlanc

Managing Director

Sarah J. Luisi

Associate

Matthew J. Malone

Director

Ronald W. Newsome

Director

Matthew Orr

Associate

Brent T. Sacha

Director

Carlo Santelli

VP

Jared M. Talisman

Director

David B. Webber

Managing Director

Shelley Whittington

Director

John P. Witten

Managing Director & General Counsel

53 past transactions

7thonline

Seed Round in 1999
7thonline, Inc. provides cross-channel merchandise and assortment management solutions to apparel, footwear, and accessories industries in the United States and internationally. It offers retail, wholesale, and Ecommerce solutions that are deployed in the cloud or as enterprise software solutions, which enable planning, demand forecasting, and inventory optimization for various brands. It also offers optimization services, such as assortment optimization and size optimization; and consulting services for customers to assess merchandise assortment, cleanse POS data and build reports, profile store demand patterns, recommend assortment breadth and depth, recommend size distribution, plan and track key items, automate open to buy and forecasting, and build financial plans by locations and hierarchies. In addition, it offers implementation services, such as proposal and preliminary planning, analysis and design, development, and installation and deployment services; and client support and training services. The company was founded in 1999 and is headquartered in New York, New York with global offices in mainland China.

SensorTran

Series A in 2006
SensorTran, a NASA technology spin-off, designs and supplies fiber optic-based Distributed Temperature Sensing (DTS) systems and solutions to the energy industry. SensorTran offers complete distributed monitoring solutions for use in downhole oil & gas operations, power cable monitoring, pipeline flow assurance and integrity monitoring, vessel hot spot detection, storage tank leak detection, environmental monitoring, concrete curing, and fire detection.

Critical Media

Series A in 2004
[Critical Media Inc.](http://www.criticalmediainc.com) develops end-to-end digital video solutions to capture, monetize, distribute and syndicate content online. The company's three business units—[Critical Mention](http://www.criticalmention.com/web/index.php), [ClipSyndicate](http://www.clipsyndicate.com/) and [Syndicaster](http://syndicaster.tv/)—provide robust solutions for corporations, publishers and media organizations to leverage video content. Its real-time broadcast capture infrastructure is the underlying technology of Critical Mention, a dynamic, real-time broadcast monitoring platform. Utilized by 25% of the Fortune 100, Critical Mention provides access to over 15,000 hours of keyword searchable, digitized news broadcasts from 4 continents. Focused on building the world's largest ad-supported repository of fully searchable, authoritative video news and information, ClipSyndicate offers publishers an unmatched distribution platform. Critical Media's most recent addition, Syndicaster offers broadcasters and content owners a comprehensive video ecosystem—a streamlined solution to upload, edit and publish, syndicate and monetize its video assets online. Critical Media was founded in 2002 under the name Critical Mention by Sean Morgan, one of the founders of Screaming Media—the largest text syndication company on the Internet now owned by Dow Jones, Inc.—and is headquartered in New York City. For more information please visit www.critical-media.com.

iCardiac Technologies

Series A in 2006
iCardiac Technologies, Inc. develops cardiac safety biomarkers. The company offers Dynamic QTbtbsm, a suite of ECG-based cardiac safety markers that delivers assessment of the cardiac safety profile of drugs in development. Its technology is used in cardiac clinical trials conducted by pharmaceutical, biotechnology, and medical device companies. The company’s services include scientific and medical consultation, study design, data and project management, ECG analysis, statistical reporting, data submission, and interface with the regulators. iCardiac Technologies, Inc. was founded in 2006 and is headquartered in Rochester, New York.

Authentec

Series B in 2001
AuthenTec is a provider of mobile and network security. The Company's diverse product and technology offering helps protect individuals and organizations through secure networking, content and data protection, access control and strong fingerprint security on PCs and mobile devices. AuthenTec encryption technology, fingerprint sensors and identity management software are deployed by the leading mobile device, networking and computing companies, content and service providers, and governments worldwide. AuthenTec's products and technologies provide security on hundreds of millions of devices, and the Company has shipped more than 100 million fingerprint sensors for integration in a wide range of portable electronics including over 15 million mobile phones. Top tier customers include Alcatel-Lucent, Cisco, Fujitsu, HBO, HP, Lenovo, LG, Motorola, Nokia, Orange, Samsung, Sky, and Texas Instruments. AuthenTec, Inc. was a semiconductor, computer security, mobile security, identity management, biometrics, and touch control solutions company based in Melbourne, Florida. Founded in 1998 after being spun off from Harris Semiconductor, AuthenTec provided mobile security software licenses to mobile manufacturing companies and biometrics sensor technology, such as fingerprint sensors and NFC technology to mobile and computer manufacturers.

Zystor

Series A in 2004
ZyStor Therapeutics, Inc. is a privately-held biotechnology company developing enzyme replacement therapies for the treatment of lysosomal storage diseases.

iDevices

Venture Round in 2014
iDevices is an American based company that creates and specializes in unique products using our extensive knowledge of wireless connectivity. In 2010 iDevices successfully developed and launched the iGrill and iGrill applications. The company is currently in the development of a variety of new products. iDevices operates a successful consulting practice, helping companies App enable and wirelessly connect their existing and future products to Apple and Android devices. Their product development and consulting departments work hand and hand in order to share the knowledge and experience on both sides of their business.

Langer Industrial Service, LLC

Private Placement in 2019
Langer Industrial Service, LLC owns and operates a metal recycling and logistics Company. It processes iron-based metals, aluminums, copper, steel, bronze, brass and zinc for industrial clients. The company collects scrap from farm equipment, shipping containers, demolitions and metal shearing, and then processes and separates the metals. The metals are transported to nearby metal shredding companies or steel mills for melting down the recycled scrap for its intended use. Langer Industrial Service, LLC is based in Scottsbluff, Nebraska with an additional office in Colby, Kansas.

eAngler

Series B in 2000
eAngler.com is owned and operated by eAngler, Inc., a Florida corporation, headquartered in Tampa, FL. Our mission is to create, maintain and continually improve "The World's Ultimate Online Fishing Resource", eAngler.com.Fishing enthusiasts from all over the world now have an online venue where they can find both current and timeless information on all aspects of fishing, as well as opportunities to purchase fishing-related products and services.

VCP, LLC

Private Placement in 2018
VCP, LLC, doing business as Verogy, operates as a solar energy development company. The company develops renewable energy projects across the United States. The company provides energy savings to its customers. The company was incorporated in 2017 and is headquartered in Hartford, Connecticut.

7thonline

Series A in 2001
7thonline, Inc. provides cross-channel merchandise and assortment management solutions to apparel, footwear, and accessories industries in the United States and internationally. It offers retail, wholesale, and Ecommerce solutions that are deployed in the cloud or as enterprise software solutions, which enable planning, demand forecasting, and inventory optimization for various brands. It also offers optimization services, such as assortment optimization and size optimization; and consulting services for customers to assess merchandise assortment, cleanse POS data and build reports, profile store demand patterns, recommend assortment breadth and depth, recommend size distribution, plan and track key items, automate open to buy and forecasting, and build financial plans by locations and hierarchies. In addition, it offers implementation services, such as proposal and preliminary planning, analysis and design, development, and installation and deployment services; and client support and training services. The company was founded in 1999 and is headquartered in New York, New York with global offices in mainland China.

Knovel

Venture Round in 2002
Knovel is a web-based application integrating technical information with analytical and search tools to drive innovation and deliver answers engineers can trust. Knovel is specifically focused on the engineering community, offering an unmatched depth and breadth of validated engineering content aggregated from the most trusted sources. Knovel’s comprehensive collection of content, covering 25 subject areas, is continually updated as new titles are available to reflect the evolving needs of users.

Wellinks

Private Placement in 2018
Convexity Scientific Inc., a medical technology company, designs and develops medical devices. It offers Flyp, a handheld nebulizer for respiratory diseases. The company was incorporated in 2014 and is headquartered in Fairfield, Connecticut.

PixFusion

Series A in 2006
PixFusion offers personalized entertainment solutions for adults, teens, and the youth. It offers mobile apps, DVDs, and streaming and downloading videos.

SmartPay Solutions

Series A in 2016
SmartPay Solutions LLC provides a software solution for pay-as-you-go workers’ compensation plans. It offers SmartPay solution for insurance agents, insurance carriers and their agents, and pay roll providers. The company was incorporated in 2010 and is based in Southington, Connecticut.

Hospicelink

Series B in 2013
Hospicelink has created a nationally recognized , award winning software solution, specifically focused on the unique relationship between Hospice Companies and DME Providers. Although the needs of each Company can be vastly different, we understand the pressures in today's marketplace and the difficulties these create for the industry. Hospicelink has addressed the challenges of providing optimal care while maintaining compliance and improving operational efficiencies, enabling your staff to balance multiple responsibilities.

SensorTran

Series B in 2007
SensorTran, a NASA technology spin-off, designs and supplies fiber optic-based Distributed Temperature Sensing (DTS) systems and solutions to the energy industry. SensorTran offers complete distributed monitoring solutions for use in downhole oil & gas operations, power cable monitoring, pipeline flow assurance and integrity monitoring, vessel hot spot detection, storage tank leak detection, environmental monitoring, concrete curing, and fire detection.

SmartPay Solutions

Series A in 2014
SmartPay Solutions LLC provides a software solution for pay-as-you-go workers’ compensation plans. It offers SmartPay solution for insurance agents, insurance carriers and their agents, and pay roll providers. The company was incorporated in 2010 and is based in Southington, Connecticut.

Infrastruct Security

Series A in 2006
Infrastruct Security is a convergent security provider focused on commercial, industrial and petrochemical customers. Infrastruct Security is a turn-key provider that designs, installs, and services: Electronic Security Systems, Fire Alarm and Life Safety Systems, Data Voice and Cabling, and Network Integration.

D’Lisi Food Systems

Venture Round in 2004
D'lisi Food Systems, Inc. produces and distributes private label and branded; and frozen pizzas.

Flex-N-Gate

Private Placement in 2018
Flex-N-Gate is a Tier 1 supplier to the Automotive Industry. As such, it is their intention to purchase raw materials for their production needs through suppliers already approved by their customers, or those suppliers demonstrating their commitment to the industry through the pursuit of recognized standards of excellence such as ISO/TS16949, ISO9001, ISO14001, A2LA, or the individual OEM quality standards. Copies of these certifications, or documented proof of progress in attaining one or more of these, is required before they can consider a company for approval to supply raw materials. For information on how to become a supplier of non-production items, please contact the purchasing department. Minority Suppliers with certifications from recognized certification bodies are encouraged to apply.

Lumetrics

Series A in 2005
Lumetrics, Inc. develops, manufactures, and supplies precision thickness and gauging systems for industrial applications. It offers precision thickness and geometric measurements for various materials and products, such as multilayer films and materials, flat films, coatings, medical balloons, tubing, glass, contact lenses, and roll stock. The company's products also include optical multiplexers, fixtures and positioning hardware, and material thickness measurement systems, as well as application-specific inspection hardware fixtures for bench top and manufacturing line installation. Its products are used in medical, pharmaceutical, food packaging, eye-care products, and coatings industries. The company was founded in 2002 and is based in West Henrietta, New York.

SmartPay Solutions

Series A in 2013
SmartPay Solutions LLC provides a software solution for pay-as-you-go workers’ compensation plans. It offers SmartPay solution for insurance agents, insurance carriers and their agents, and pay roll providers. The company was incorporated in 2010 and is based in Southington, Connecticut.

Xytrans

Series B in 2002
Xytrans designs and manufactures high-frequency transceivers and outdoor units for global leaders in wireless broadband communications.

TechR2

Private Placement in 2019
TechR2 leads the charge to honor the environment. Because laws protect their environment, responsibly disposing of end-of-life computer equipment is essential for avoiding fines and litigations. But such disposal is more than mere self-protection — it is a moral imperative. They research, anticipate and react to changes in data and environmental law and practice that may affect you — operationally, financially and ethically. Eventually, the need to dispose of technology in a fashion that honors the land, sea and air — and the laws that require this — will become comprehensive and pervasive. As that day approaches, TechR2 is your resource for knowledge and services related to your role in sustaining this global mission.

Algiere Construction Services, Inc.

Merger/Acquisition in 2018
Algiere Construction Services, Inc. provides construction and renovation services. The company provides design and build solutions, including renovation and conversion services. It caters to the hospitality industry. The company was founded in 1978 and is headquartered in Plano, Texas.

DataSynapse

Series D in 2004
The DataSynapse platform is used by leading organizations to configure, activate and manage scalable enterprise-class application services for physical, virtual and cloud infrastructure in real-time environments. * About DataSynapse The DataSynapse platform is used by leading organizations to configure, activate and manage scalable enterprise-class application services for physical, virtual and cloud infrastructure in real-time environments. Unlike other IT management tools and infrastructure software platforms, DataSynapse provides a platform for dynamic and automated provisioning, configuration management, metering and runtime control of applications across physical and virtual infrastructure.

Turnbridge

Private Placement in 2020
Turnbridge,LLC provides healthcare treatment programs for young men and women facing addiction and mental health disorders. The company was founded in 2003 and is based in New Haven, Connecticut.

Off The Wall Products, LLC

Private Placement in 2019
Off The Wall Products, LLC, doing business as OTW Safety, design, engineer, and manufacture plastic barricade systems. The company manufacture products for airports, roadways, general construction, crowd control, industries, security, and traffic. Off The Wall Products, LLC was founded in 1993 and is based in Salt Lake City, Utah.

Wellinks

Series B in 2019
Convexity Scientific Inc., a medical technology company, designs and develops medical devices. It offers Flyp, a handheld nebulizer for respiratory diseases. The company was incorporated in 2014 and is headquartered in Fairfield, Connecticut.

Atlantic Beverage Company

Private Equity Round in 2018
Atlantic Beverage Company, Inc. imports, sells, and re-distributes beverage and food products. It serves distributors, schools, prisons, institutions, organizations, food services and institutional stores, retail and grocery stores, and export market distributors in the United States. The company was formerly known as J.M. Catering, Inc. and changed its name to Atlantic Beverage Company, Inc. in 1986. Atlantic Beverage Company, Inc. was founded in 1974 and is based in Edison, New Jersey.

Zilkha Biomass Energy

Funding Round in 2013
Zilkha Biomass Energy manufactures a patented wood pellet for baseload renewable energy generation.

APPRO Systems

Series A in 2000
Equifax Enabling Technologies is a company that was acquired by CRiF in 2010.

Awarix

Venture Round in 2006
Awarix develops software and online tools for the health care industry. It provides a digital platform that manages all of patient's data. Awarix is based in Alabama, USA.

Critical Mention

Series A in 2004
Critical Mention provides the most comprehensive Web-based real time broadcast monitoring service and is changing the way corporate communications and business intelligence professionals search, track and view vital information from television and radio. The company's CriticalTV platform provides real-time search, monitoring and email alerts for organizations that require up-to-the-minute news about their company, clients, competitors, industry news and more.

SensorTran

Venture Round in 2008
SensorTran, a NASA technology spin-off, designs and supplies fiber optic-based Distributed Temperature Sensing (DTS) systems and solutions to the energy industry. SensorTran offers complete distributed monitoring solutions for use in downhole oil & gas operations, power cable monitoring, pipeline flow assurance and integrity monitoring, vessel hot spot detection, storage tank leak detection, environmental monitoring, concrete curing, and fire detection.

Flyp Nebulizer

Series B in 2019
Flyp Nebulizer, the medical device is reinvented by Weblinks for respiratory care around the people who need it most. It works at ultrasonic speed to create a fine aerosol of medication. Flyp Nebulizer works quickly to deliver treatment within 7-minute average.

OpGen

Series B in 2005
OpGen, Inc is a privately-held company, based in Gaithersburg, MD, and focused on commercializing rapid, high precision solutions for DNA analysis and genomics with the Argus® Whole Genome Mapping System and MapIt® Services. Using the proprietary technologies provided by OpGen, customers in academic, government, biodefense and research labs as well as premier genome centers around the world can view ordered whole genome maps for a wide range of applications including strain typing for early outbreak response, improved sequence assembly of microbial and now large genomes up to 3 Gb and comparative genomics applications. OpGen Community (Linkedin Group) provides an accessible environment to share information, exchange questions and best practices using OpGen’s technologies in a variety of applications.

EraGen Biosciences

Series A in 2006
EraGen Biosciences, Inc., a biotechnology company, develops, manufactures, and markets molecular reagent products and software for research and clinical testing markets. The company offers molecular diagnostic assays for the early detection and monitoring of cancer, genetic, and infectious diseases, as well as for genetic-based conditions. Its products include molecular diagnostic tests, analyte specific reagents, in vitro diagnostic reagents, and research use only reagents; MultiCode-PLx Analysis Software that allows users to create customized templates for plate and assay layouts; and MultiCode-RTx Analysis Software, which enables users to create templates for quantitative and qualitative analyses. The company serves clinical laboratories and medical researchers. It sells its products through distributors in the United States and Canada. The company was founded as Sulfonics, Inc. in 1994 and changed its name to EraGen Biosciences, Inc. in 1999. EraGen Biosciences, Inc. is based in Madison, Wisconsin.

Xytrans

Series A in 2001
Xytrans designs and manufactures high-frequency transceivers and outdoor units for global leaders in wireless broadband communications.

Wellinks

Series C in 2021
Convexity Scientific Inc., a medical technology company, designs and develops medical devices. It offers Flyp, a handheld nebulizer for respiratory diseases. The company was incorporated in 2014 and is headquartered in Fairfield, Connecticut.

Critical Mention

Series B in 2005
Critical Mention provides the most comprehensive Web-based real time broadcast monitoring service and is changing the way corporate communications and business intelligence professionals search, track and view vital information from television and radio. The company's CriticalTV platform provides real-time search, monitoring and email alerts for organizations that require up-to-the-minute news about their company, clients, competitors, industry news and more.

Thetis Pharmaceuticals

Seed Round in 2011
Thetis Pharmaceuticals LLC, a biopharmaceutical company, develops immuno-resolving therapeutic solutions for treatment of inflammatory bowel diseases. The company’s offerings treat inflammation and promote tissue regeneration. Its HEALER technology platform unlocks potent pharmacology of lipids as new and patented molecules for oral inflammatory bowel disease (IBD) therapy. Thetis Pharmaceuticals LLC was founded in 2011 and is based in Branford, Connecticut.

ContinuumRx

Venture Round in 2012
ContinuumRx is based in Birmingham, Alabama and develops joint ventures with market-leading health systems to provide home infusion and specialty pharmacy services to the patients they serve. Through its unique integrated model with health systems and their affiliated providers, ContinuumRx is creating a better model of care for patients with chronic and complex conditions. Its team of clinical experts and advanced fulfillment model provides hospitals with a seamless service offering that can reduce the patient's length of stay, help avoid unnecessary readmissions and allow payors to reduce overall healthcare costs.

Alinean

Series A in 2004
Alinean develops dynamic sales and marketing tools, empowering B2B vendors to better connect with and sell to economic-focused buyers.Change the way that B2B vendors sell and market solutions, using value storytelling and financial justification to better connect, engage and sell today's more empowered, skeptical and frugal buyers.

Critical Mention

Venture Round in 2007
Critical Mention provides the most comprehensive Web-based real time broadcast monitoring service and is changing the way corporate communications and business intelligence professionals search, track and view vital information from television and radio. The company's CriticalTV platform provides real-time search, monitoring and email alerts for organizations that require up-to-the-minute news about their company, clients, competitors, industry news and more.

Quest Global Manufacturing

Venture Round in 2007
Aequs (formerly QuEST Global Manufacturing) specializes in precision machining, sheet metal fabrication, assembly, forging, and special processing for the aerospace, automotive, and oil & gas industries. Customers include Airbus, UTAS, Eaton, Baker Hughes, Halliburton, and Bosch. The Aequs manufacturing facilities are located in Bengaluru, Belagavi, and Houston. The Belagavi facilities are located in Aequs SEZ, India’s first precision engineering special economic zone. Aequs SEZ has developed into an integrated aerospace manufacturing ecosystem that houses several interrelated capabilities that are either unavailable in India or are difficult to come by in one location.

LilyAna Naturals, LLC

Private Placement in 2020
LilyAna Naturals, LLC, a skincare company, manufactures and sells skincare products. The company’s products include retinol creams, eye creams, face creams, and vitamin-C serums. It sells its products through the Amazon platform. LilyAna Naturals, LLC was founded in 2014 and is based in Collinsville, Mississippi.

Novus Advanced Manufacturing, LLC

Private Placement in 2019
Novus Advanced Manufacturing, LLC manufactures steel framing components for commercial and residential construction. Its products include structural studs, non-structural studs, structural track, non-structural track, and hat channel. The company’s components are used to construct wall panels for projects specified by a set of architectural drawings. Its steel wall panels are used in the hotel, commercial, and residential building industry. The company was founded in 2016 and is based in St. Joseph, Tennessee. Novus Advanced Manufacturing, LLC operates as a subsidiary of Hunt Services, Inc.

eHealth Technologies™

Venture Round in 2010
eHealth Technologies™ (formerly eHealth Global) is a healthcare digital services company focused on retrieving, digitizing, storing, securing, and providing access to patient medical records. eHealth Technologies™ utilizes a processes to retrieve, secure, store, transmit, and present patient data to healthcare providers.

Nova Terra Well Solutions LLC

Private Placement in 2019
Nova Terra Well Solutions LLC, an oil and gas service provider, engages in plugging abandoned oil and natural gas wells. The company reclaims land by plugging and sealing wells to address the environmental, public health, and safety risks associated with abandoned oil and natural gas wells. The company was founded in 2019 and is based in Danville, Ohio.

NGC Group Inc.

Private Placement in 2019
NGC Group, Inc. offers general contracting services in commercial construction. It offers construction management, design-building, preconstruction, and post construction services. The company offers its services to education, energy, healthcare, hospitality, industrial, retail, multifamily, restaurant, and office space. NGC Group, Inc. was founded in 2009 and is based in Lincoln, Nebraska.