Current Portfolio Companies

 

Oncology Services international

Oncology Services International has been serving radiation oncology clinics since 1985, providing and supporting the primary equipment used in the treatment of cancer. The OSI Service team ensures equipment uptime across the U.S. for the leading brands of radiation equipment. The Equipment Division refurbishes and resells pre-owned radiation equipment, integrating aftermarket technologies to offer affordable, state-of-the-art equipment and oncology solutions. The Parts Division supplies replacement parts for medical and industrial linear accelerators. Together OSI delivers high value integrated lifecycle support to cancer centers.

This investment was sponsored by Founders Equity through Founders Equity SBIC I, L.P. and its New York co-investment fund, whose limited partner is the New York State Common Retirement Fund.

www.thinkosi.com

Pay-O-Matic Corp.

The Pay-O-Matic Corp. (“Pay-O-Matic”), based in Syosset, New York, is the leading check cashing and related financial services company in New York State. Through 130 locations in the New York City metropolitan area and Long Island, Pay-O-Matic offers a range of financial products and services including check cashing, money orders, consumer bill payments and money transfer. In addition, Pay-O-Matic owns and operates a licensed bill payment network with over 700 agents and the Rapid Armored Corporation, a provider of armored transport and currency supply services.

Founders Equity sponsored the buyout through Founders Equity SBIC I, L.P. and Founders Equity NY L.P., whose limited partner is the New York State Common Retirement Fund, along with co-investors. The investment included the acquisition of certain assets of C.L.B. Check Cashing Inc., the second-largest check cashing company in New York State. The two businesses have been combined and operate under the Pay-O-Matic brand name.

www.payomatic.com

Glass America Inc.

Glass America, headquartered in Chicago, Illinois, conducts an automobile glass repair and replacement business in 22 states. Founders Equity sponsored the buyout with co-investors, including affiliates of Main Street Resources and JO Hambro Capital Management in October 2004.

In April 2005, Glass America announced a significant acquisition of Auto Glass Services (“AGS”). AGS expanded Glass America's geographic footprint in the Southeast and added 35 new stores and 5 new states to the Glass America network.

Since its inception in 1999, Glass America has grown to be a leading automobile glass repair and replacement business. The company operates 83 stores in 20 states in the Northeast, Midwest and Southeastern portions of the United States. Glass America is committed to its philosophy of offering its customers safety, quality and convenience.

www.glassusa.com

Core Business Technology Solutions Inc

Core Business Technology Solutions (“Core”), based in White Plains, New York, and Indianapolis, Indiana, was established for the purpose of acquiring businesses that will provide information technology (IT) data integration services and resell related hardware and software to small/mid-sized companies, government entities and educational organizations. Founders Equity SBIC I, L.P. and its New York co-investment fund, whose limited partner is the New York State Common Retirement Fund, sponsored this investment.

The company was formerly known as Convergence Technology, Inc., but changed its name in February 2006 when it merged with Core. The combined business offers a broad array of infrastructure technology advisory and integration services that deliver high value to its customers.

Prior to the Core acquisition, the company acquired Open Systems Technologies, based in Clifton Park, New York, WorldNet Technology Consultants, based in Reading, Pennsylvania, and AAA Networks, based in Falls Church, Virginia.

www.corebts.com

IN THE SWIM, INC.

In the Swim, Inc., headquartered in Chicago, Illinois, is the leading direct marketer of pool supplies to residential and commercial consumers in the United States. Over its 26-year history, the company has defined consumer direct industry standards for product mix, customer service and value pricing as reflected in its slogan “America's #1 Direct Source for Pool Supplies.”

The Company primarily markets through its highly recognized catalogs, as well as through its primary website, www.intheswim.com, and an outbound telesales team dedicated to commercial accounts.

Founders Equity was a co-investor in this March 2005 transaction. Founders successfully exited the investment on March 31, 2008, with a sale of the company.

www.intheswim.com

THE COLIBRI GROUP, INC.

In June 2005, Founders Equity Inc. acted as a co-lead with Main Street Resources for the investment in The Colibri Group, Inc.

The Colibri Group manufactures and distributes gold and sterling silver women's and men's jewelry under the Krementz and Dolan & Bullock brand names. The company manufactures and markets pocket and pendant watches, lighters and executive gifts under the Colibri and Linden brands. The Colibri Group brands also include Seth Thomas clocks and Princess Pride lockets.

Headquartered in Providence, Rhode Island, The Colibri Group distributes its products to more than 7,000 independent retailers and to national chains such as Wal-Mart Stores and Zale Corp.

www.colibri.com

RICHARDSON FOODS

Richardson Foods produces branded confectionary products at a 180,000 sq. ft. facility in Canajoharie, New York.

Since 1893, Richardson Brands has produced niche branded confectionary products, from their Richardson’s branded signature soft sugar mints to coated gum under the brand Beechies. Richardson’s products are available in all major channels of distribution. Richardson also has significant presence in co-manufacturing.

Founders Equity is backing a management team comprised of two experienced and knowledgeable food industry executives, Don Butte (CEO) and George Lasher (COO/CFO), who together have over 75 years experience with firms including Kraft, Nabisco and General Foods.

This investment was funded through Founders Equity SBIC I, L.P. and Founders Equity NY L.P., whose limited partner is the New York State Common Retirement Fund.

www.richardsonbrands.com

ADVANTEDGE HEALTHCARE SOLUTIONS

AdvantEdge Healthcare Solutions is a New York-based enterprise offering revenue cycle and practice management services to physicians and related healthcare providers.

AdvantEdge represents the new breed in, and leading edge of, the medical billing space, operating both as a business process outsourcer (BPO) and an applications services provider (ASP) that offers medical claims transaction processing services and proprietary, web-based practice management system to physicians.

This investment was funded through Founders Equity SBIC I, L.P. and Founders Equity NY L.P., whose limited partner is the New York State Common Retirement Fund.

www.ahsrcm.com

STONE SOURCE

Stone Source, headquartered in New York City, distributes natural stone, ceramic tiles, glass tiles, engineered stone and other decorative surfaces. Founders Equity SBIC I, L.P. and its New York co-investment fund (whose sole limited partner is the New York State Common Retirement Fund) sponsored the buyout with co-investors, Hudson River Fund and Fieldston Investors, in June 2006. The Hudson River Fund is a co-investment fund for capital provided by the New York State Common Retirement Fund to provide additional capital for companies in New York State and is managed by Hamilton Lane.

Stone Source offers a wide variety of architecturally significant materials along with expert knowledge and service that create design solutions for professional architects, designers and end users for residential and commercial projects. The company's main distribution center is located in New Jersey, with an additional warehouse located in Chicago. Stone Source has branch offices in Chicago, Boston, New York, Philadelphia, Washington D.C. and Los Angeles.

www.stonesource.com

THE PETROLEUM PLACE, INC.

Information Services

Petroleum Place is a leading enterprise and asset transaction service provider for the energy industry. Enterprise software products and services are offered through P2 Energy Solutions (P2ES), established through the merger of Paradigm Technologies, Novistar and Petroleum Financial (PFI). P2ES has implemented financial and operational management systems at more than 400 companies, including major integrated companies and leading independents. Transaction services are offered through The Oil & Gas Asset Clearinghouse (Hybrid live floor/Internet auctions), Petroleum Place Energy Advisors (negotiated transaction and advisory services) and Petro TradeLinks (trades).

Petroleum Place has pioneered the use of Internet technology and services for the upstream energy industry. Petroleum Place, through it wholly owned subsidiary, The Oil & Gas Asset Clearinghouse, has sold more than $90 million of oil and gas properties over the Internet - far surpassing any other company servicing the upstream sector. Through its experience and successful track record, Petroleum Place has developed a proven, high-performance, reliable, secure environment to support the marketing, evaluation and transaction of properties over the Internet.

www.petroleumplace.com

ENSURE TECHNOLOGIES, INC.

Security Technology

Ensure owns, manufactures to its specification and distributes a patented security system that applies wireless radio frequency technology to authenticate and provide access to users of computers and related products. The company is actively pursing prospects in the healthcare industry, where the company's patented Xyloc system is effective in preserving patient data confidentiality, which is required under federal regulations, and in the financial community, where controlled access to confidential files is particularly necessary.

www.ensuretech.com

COSTAR GROUP, INC.

Information Services

CoStar Group, Inc. is the leading provider of information services to commercial real estate professionals in the United States and the United Kingdom. CoStar's suite of products offers customers access via the Internet to the most comprehensive, verified database of commercial real estate information on 50 U.S. markets, London and the United Kingdom. Based in Bethesda, Maryland, the company has approximately 875 employees in 34 offices throughout the United States and in the United Kingdom, including the largest professional research organization in the industry. CoStar is publicly traded on the NASDAQ under the tracker symbol CSGP. CoStar Group has the most comprehensive database available on commercial real estate and provided its full depth of content to the industry through a powerful suite of products. CoStar's database is continually updated by one of the largest professional research staffs in the industry, gathered through hundreds of thousands of research phone calls, field and courthouse research, door-to-door tenant canvassing, aerial and architectural photography, and satellite mapping systems.

www.costar.com


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