Private Market Investments
SLACK TECHNOLOGIES, INC
SLACK is building a platform that connects teams with the apps, services, and resources they need to get work done. Launched in 2014, Slack is the fastest growing business application in history. Slack is based in San Francisco, California, but maintains offices throughout the world.
Twelve Clans, Inc. exited its investment in Slack in early 2019.
SEARCH FUND PARTNERS
SEARCH FUND PARTNERS (SFP) invests in small, profitable companies with $5 million to $30 million in revenue. They work with entrepreneurs to find, acquire and build successful businesses.
SFP builds on the proven success of the Search Fund model, where entrepreneurs are funded to unearth, acquire and manage a profitable micro-cap company. The firm’s focus is on well-managed companies with a history of profits and significant growth potential. Search Fund Partners is located in Menlo Park, California and is led by Dave Carver, Rich Kelley, Jim Edmunds and Todd Tracey.
In partnership with the SFP team, Twelve Clans, Inc. is invested in the following companies (thus far):
KIVUTO SOLUTIONS handles distribution and rights management of software and e-textbooks
Location: Ottawa, ON
Leadership: Jeff Blacklock and Carlos Meza
RECORD REPRODUCTION SERVICES (RRS) retrieves medical records from care facilities and delivers them to insurance companies
Location: Philadelphia, PA
Leadership: Zack Perry
KANTOLA TRAINING SOLUTIONS produces workplace training courses largely focused on human resources issues
Location: Bay Area, CA
Leadership: Sarah Rowell and Scott Mackenzie
INFRASTRUCTURE MANAGEMENT SERVICES (IMS) surveys roads for local governments and creates plans for maintenance and upkeep
Location: Phoenix, AZ
Leadership: Derek Turner and Anthony Conyers
FINANCIAL INSURANCE MANAGEMENT CORPORATION (FIMC) provides roadside assistance and other insurance-like products through non-bank consumer lenders
Location: Sarasota, FL
Leadership: Brian Williams
XILTRIX provides 24/7 laboratory monitoring for high value life science assets
Location: San Diego, CA
Leadership: Moises Eilemberg
HEALTHMARK GROUP retrieves medical records from care facilities and delivers them to insurance companies
Location: Dallas, TX
Leadership: Bart Howe and Matt Howe
PARAGON LEGAL SERVICES provides outsourced legal talent to companies looking to manage their legal spending on a variable basis
Location: Bay Area, CA
Leadership: Jessica Markowitz and Trista Engel
AUTOMOTIVE BUSINESS SYSTEMS (ABS) provides aftermarket auto repair warranty, roadside assistance, and road hazard insurance
Location: Denver, CO
Leadership: Michael Cox
BRITISH AMERICAN TOOLING makes cutting dies and printing plates for the makers of specialty boxes.
Location: Orange County, CA and NJ
Leadership: Graham Butler and Calvin Portley
SCHOOL FAMILY MEDIA digitizes back to school shopping lists and licenses them to major consumer products companies so they can market their products to parents.
Location: Wrenthem, MA
Leadership: Brian Cabezud and Charles Field
AMERICAN VISION GROUP operates three eye care groups in South Florida, all offering surgical, diagnostics and medical services to eye patients.
Location: Miami, FL
Leadership: Erick Laseca and Giovanni Barbat
PACIFIC FERTILITY CENTER provides medical fertility services and egg donor services to prospective parents.
Location: Los Angeles, CA
Leadership: Brittany and Miles Collins
FAIRWINDS helps companies implement and manage Kubernetes technology, aimed at streamlining cloud software resource management.
Location: Boston, MA
Leadership: Bill Ledingham
EPAC makes digitally printed flexible packaging for small and medium regional packaged goods brands.
Location: Boston, MA
Leadership: Tim Novak
DR SNIP is a vasectomy clinic specializing in no-needle, no-scapel procedures
Location: Seattle, WA
Leadership: Shrikesh Majithia
EGENUITY provides POS systems for the car wash, quick lube and automotive repair industries
Location: Monroe, IN
Leadership: Keegan Dum
REDLINE provides lot service photography, digital marketing and sofware solutions for automotive dealers
Location: Haddonfield, NJ
Leadership: Mike McGlade
STATPADS sells automatic external defibrillators (AEDs), related equipment and a software platform to manage the AEDs.
Location: Boise, ID
Leadership: Carl Dixon
WOLFER'S provides heating and air conditioning services
Location: Oregon
Leadership: Collin Hathaway
PEERLESS EVENTS & TENTS provides tent and party rentals
Location: Dallas, Austin, San Antonio and Houston, TX
Leadership: Will Wright
P4G CAPITAL MANAGEMENT
P4G CAPITAL MANAGEMENT invests in business services, manufacturing and industrial companies between $20 million and $150 million in revenue. P4G focuses on companies located in the western half of the United States.
P4G Capital is based in San Francisco, CA and is led by Rachel Lehman, Hugh Browne and Ben Siebach.
ESTANCIA CAPITAL MANAGEMENT
ESTANCIA CAPITAL MANAGEMENT is building a diversified portfolio of Institutional Asset Management, Wealth Management, Product Distribution and related Business Service companies.
Estancia is based in Scottsdale, AZ and Philadelphia, PA and is led by Michael Mendez, Takashi Moriuchi and Danny Kang.
In partnership with the Estancia team, Twelve Clans, Inc. is invested in the following companies (thus far):
NORTH SQUARE INVESTMENTS (NSI) is an independent, multi-boutique investment firm dedicated to vetting and delivering differentiated active investment strategies to the market.
Location: Chicago, IL
Leadership: Mark Goodwin
PMA FINANCIAL (PMA) is a premier full-service provider of comprehensive financial and advisory services to municipalities, school districts and other local government entities.
Location: Naperville, IL
Leadership: James Davis
ACORN GROWTH COMPANIES
Acorn Growth Companies is a middle-market private equity firm focused on aerospace, defense, intelligence, and space investments. Acorn invests in operating companies that strive to enhance global mobility, protect national interests, and develop next-generation intelligence gathering technology. Acorn works in tandem with management to build its portfolio companies into significant market leaders.
IMAGE MANUFACTURING GROUP (IMG)
Image Manufacturing Group (IMG) produces custom-built, high-end signage and kiosks. Peter Cureton is the CEO (his second tour of search fund duty) and SFP invested in early 2020.
IDAHO REGIONAL WASTE SERVICE (IRWS)
Idaho Regional Waste Service (IRWS) is a private landfill, locally owned and operated by IRWS, LLC. SRRL accepts municipal solid waste from local and statewide Idaho communities, including communities from other states via our mile long rail spur.
UPHELATH
UpHealth combines established services with a new, digital-first approach that doesn’t just adapt to today’s challenges but leapfrogs past them. Empowering a U.S. & International network of 30,000 providers, 160+ Behavioral Health providers, and 2,100+ healthcare venues including hospitals, clinics, education facilities and large employers.