Edgewater Funds

Edgewater Funds is a private equity firm based in Chicago, Illinois, with a focus on lower middle market growth capital investments. Founded in 2001, the firm specializes in providing capital and expertise to emerging growth companies across various sectors, including business services, healthcare, and industrials. Edgewater typically invests in companies with revenues ranging from $15 million to $500 million and EBITDA between $3 million and $30 million. The firm adopts a flexible investment approach, making both growth equity and buyout investments to address specific business needs. With over $2.8 billion in capital commitments, Edgewater leverages the experience of its partners and advisors, many of whom are former CEOs and business leaders, to help accelerate the growth and market leadership of their portfolio companies.

Scott Brown

Senior Partner

Jordon Cooper

Vice President

Dylan Deogun

Associate

James Gordon

Founder and Managing Partner

Jack Henige

Associate

Gregory Jones

President and Senior Partner

Phillip Lorenzini

Partner and CFO

Barrett Lynner

Vice President

Matthew Walter Norris

CFO and COO

Brian Peiser

Partner

Nick Rabideau

Senior Associate

Steven Resnik

Vice President

Matthew Snyder

COO and Partner

David Tolmie

Senior Partner

Matt Wolfe

Senior Associate

17 past transactions

Deerfield

Venture Round in 2021
Deerfield specializes in healthcare marketing services tailored for the pharmaceutical and biopharmaceutical industries. The company offers a range of services, including multi-channel marketing, digital design, media buying and planning, salesforce integration, analytics, and printing. These offerings are designed to assist clients in developing effective marketing campaigns that enhance brand growth and visibility in a competitive market.

Vertical Bridge

Debt Financing in 2014
Vertical Bridge, LLC is a private company based in Boca Raton, Florida, that specializes in the ownership and management of wireless communication infrastructure across the United States. Founded in 2002, the company focuses on providing essential services, including leasing, building, and managing communication towers. Vertical Bridge offers co-location services and build-to-suit tower solutions, addressing the growing demand for reliable wireless connectivity in today's digital landscape. By developing and maintaining a comprehensive portfolio of communication infrastructure, the company supports the expansion of wireless networks and enhances connectivity for various clients.

Envestnet

Venture Round in 2010
Envestnet, Inc. is a prominent provider of technology-enabled investment solutions and services tailored for financial advisors. Headquartered in Chicago, the company operates through two main segments: Wealth Solutions and Data & Analytics. Its offerings include the Envestnet | Enterprise platform, which provides a comprehensive open architecture for wealth management, as well as specialized tools like Tamarac for trading and portfolio management and MoneyGuide for goals-based financial planning. Envestnet also delivers retirement solutions, consulting services, and a robust data aggregation platform, enhancing the efficiency and effectiveness of financial advisors in managing client relationships and portfolios. The organization serves a diverse clientele, including independent advisors, banks, and larger financial institutions, and has grown to become one of the largest wealth management solution providers, employing over 700 individuals across various locations.

AOptix

Venture Round in 2008
AOptix Technologies, Inc. specializes in free space optical communications and iris biometric identification solutions tailored for both government and commercial sectors. The company develops advanced biometric iris recognition systems and high-bandwidth laser communication technologies. Its products serve various applications, including border security, national and regional identification cards, aviation security, and access control for governmental and commercial entities. Additionally, AOptix provides solutions for law enforcement and defense, facilitating network-centric operations across ground and air nodes. In the commercial arena, its innovations support outdoor sporting events, wireless ad-hoc networks, and the transmission of uncompressed high-definition video.

AOptix

Series B in 2005
AOptix Technologies, Inc. specializes in free space optical communications and iris biometric identification solutions tailored for both government and commercial sectors. The company develops advanced biometric iris recognition systems and high-bandwidth laser communication technologies. Its products serve various applications, including border security, national and regional identification cards, aviation security, and access control for governmental and commercial entities. Additionally, AOptix provides solutions for law enforcement and defense, facilitating network-centric operations across ground and air nodes. In the commercial arena, its innovations support outdoor sporting events, wireless ad-hoc networks, and the transmission of uncompressed high-definition video.

PlayNetwork

Series B in 2004
PlayNetwork, Inc. is a company that creates entertainment media experiences for brands globally. Established in 1994 and based in Redmond, Washington, PlayNetwork specializes in providing in-store music programming, sound system design, and installation services tailored for retail and restaurant environments. The company offers a range of services, including content strategy, music supervision, video production, digital messaging, and advertising networks. Its CURIO platform facilitates the distribution of branded music and messaging across various channels, including in-store and online. Additionally, PlayNetwork designs and installs audio/visual systems, including large video walls and digital signage. The company serves notable clients such as Starbucks and Amtrak, continually evolving its offerings to enhance consumer engagement through innovative music and technology solutions. As of 2017, PlayNetwork operates as a subsidiary of TouchTunes Music Corporation and has expanded its presence with multiple locations, including in the United Kingdom and Hong Kong.

Alteer

Venture Round in 2002
Alteer optimizes overall performance of medical practices of any size. Alteer’s Internet based software is the only integrated platform that eliminates paper completely and automates the entire workflow in a physician’s practice - from scheduling to charting to billing and patient messaging.

Viadux

Venture Round in 2002
Viadux is a prominent provider of in-building broadband access solutions tailored for the telecommunications and cable sectors. The company collaborates with service providers to facilitate the delivery of high-speed data, video, and voice services to small-to-medium enterprises and residential customers, particularly within the Multi-Tenant Unit (MTU/MDU) market. Based in Australia, Viadux operates as a subsidiary of Reece Limited and has a history of involvement in steel water pipes and fittings, reflecting its diverse operational background.

SWELL

Venture Round in 2001
SWELL emerged as the first pure-play online action sports retailer in the world in 1999.

Motivation Online

Series A in 2000
Motivation Online provider of an internet-based behavioral business systems that systematically deploys technologies to its clients.

CultureWorx

Venture Round in 2000
CultureWorx create better decisions, more productive relationships and widespread commitment to business strategy. CultureWorx help people to look at situations in new ways, examine their beliefs and improve their communications and productivity.

Partnerware

Series B in 2000
Partnerware maximizes speed-to-market™ for channel-focused companies with the leading B2B Partner Relationship Management (PRM) solution, delivering measurable channel results in Internet time. As a multi-channel sales approach becomes critical in delivering value-added solutions to the marketplace, the need for PRM has grown dramatically. Partnerware provides distinct benefits for companies looking to leverage the power of indirect - Faster channel execution (from channel recruiting to product launches) - Measurable results from partner programs, channel marketing funds, and partner sales efforts - Increased market responsiveness to leap frog and stay ahead of competition - Easy implementation by deploying Web-based Partner Relationship Management solutions in Internet time

SWELL

Series A in 2000
SWELL emerged as the first pure-play online action sports retailer in the world in 1999.

eVentures Group

Venture Round in 2000
eVentures Group operates and invests in internet communications companies.

AirClic

Series A in 2000
AirClic, Inc. is a provider of mobile business solutions based in Trevose, Pennsylvania, established in 1999. The company specializes in capturing and accessing critical information about workers, assets, inventory, activities, GPS location, and time. AirClic supports various hardware devices to facilitate data collection in the field. Its range of services includes business process mobilization, proof of delivery and services, logistics and transportation management, inventory management, security, operations and supply chain management, field services, customer communications, and time and expense management. With a focus on enhancing operational efficiency, AirClic serves businesses across multiple sectors in the United States.

EpicEdge

Venture Round in 2000
EpicEdge helps companies achieve their business goals through the creation and implementation of effective e-business strategies. EpicEdge understands the complex and ever-changing world of the Internet and employs superior technologies, people, and partnerships to help businesses become e-commerce leaders, not followers, in the rapidly evolving digital business world.

Alteer

Venture Round in 2000
Alteer optimizes overall performance of medical practices of any size. Alteer’s Internet based software is the only integrated platform that eliminates paper completely and automates the entire workflow in a physician’s practice - from scheduling to charting to billing and patient messaging.
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