Salem Investment Partners

Salem Investment Partners, founded in 1999 and based in Greensboro, North Carolina, is a mezzanine investment firm that focuses on debt and equity investments in privately-held, middle-market businesses. The firm has a diverse investment portfolio, targeting sectors such as business and healthcare services, light manufacturing, consumer products, and wholesale distribution. Salem Investment Partners is licensed by the U.S. Small Business Administration to participate in the Small Business Investment Company (SBIC) program, and it is currently investing from its fourth SBIC fund, which totals $170 million. With a track record of over 120 investment transactions, the firm is dedicated to addressing the capital needs of middle-market companies across various business cycles.

David M. Faris

Partner

Max Greer

Principal

Kevin Jessup

Managing Partner

Patrick Kenna

Vice President

Phil Martin

Partner

Brad Morton

Partner

Brandon Reiber

Senior Associate

Meredith Sain

Principal

Logan Trotter

Principal

11 past transactions

CM Industries

Private Equity Round in 2024
CM Industries offers products such as MIG semi-automatic, MIG automatic, MIG push-pull, MIG smoke extractor, water coolers, and more. Tortures, wire cutters, anti-spatters, reamer plates, and other robotics devices are among their offerings. They serve the transportation, oil and gas, construction, agriculture, and general fabrication industries with MIG welding guns and robotic welding torches.

iFranchise Group

Private Equity Round in 2024
iFranchise Group is a management consulting franchise in Illinois.

iFranchise Group

Debt Financing in 2024
iFranchise Group is a management consulting franchise in Illinois.

Gautier Steel

Private Equity Round in 2023
Gautier Steel Ltd. is a manufacturer based in Johnstown, Pennsylvania, with an additional facility in Cleveland, Ohio. Founded in 1998, the company specializes in producing hot rolled carbon and alloy products, including flats, sharp cornered squares, and special sections. It operates three bar mills and a modern plant equipped with in-house straightening capabilities, a metallurgical and testing lab, and various processing equipment to meet diverse client needs. Gautier Steel serves multiple industries such as construction, material handling, railroad, and primary aluminum, providing tailored solutions and advanced high-performance metals. The company also offers a plate mill featuring products in tool steel and stainless steel, ensuring timely delivery and adherence to client specifications.

Tiff's Treats

Private Equity Round in 2019
Tiff's Treats is a bakery chain based in Austin, Texas, that specializes in baked-to-order cookies and brownies. Established in 1999, the company offers a diverse selection of baked goods, including warm cookies, brownies, ice creams, and frozen desserts. Tiff's Treats focuses on providing consumers with delicious baked delicacies, emphasizing freshness and quality in its products. The brand is known for its commitment to delivering tasty treats that cater to a variety of preferences, making it a popular choice for those seeking indulgent yet accessible confectioneries.

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 Research

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.

NELSON

Private Equity Round in 2017
NELSON operates as an architecture and design firm that delivers environmental graphic design and brand strategy services that transform all dimensions of the human experience. They offer services such as brand communications, design visualization, sustainable design, consulting, and workplace services.

Catalyte

Venture Round in 2016
Catalyte, Inc. is a technology services company based in Baltimore, Maryland, specializing in information technology outsourcing, consulting, and managed services. Founded in 2000, the company focuses on workforce development and utilizes artificial intelligence to identify and cultivate high-potential talent, which is then integrated into client organizations. Catalyte offers a range of services including software engineering, application modernization, cloud and mobile development, and quality assurance. It also provides apprenticeship programs that allow individuals to gain practical experience while helping clients address their project needs. With development centers in cities such as Boston, Chicago, Englewood, and Portland, Catalyte aims to enhance productivity, quality, and diversity in the workforce through its innovative talent deployment strategies.

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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