3M

3M is a diversified technology company headquartered in Saint Paul, Minnesota. It manufactures a wide range of products, including adhesives, abrasives, laminates, dental and orthodontic items, medical supplies, and electronic materials. The company operates across various sectors, including industrial and transportation, healthcare, safety and security, consumer and office, display and graphics, and electronics and communications. Its industrial and transportation segment serves diverse markets such as appliances, packaging, food and beverage, electronics, and automotive. 3M is also recognized for its innovative technology platforms like nonwoven materials, nanotechnology, and surface modification, which enhance product performance and sustainability. The company is committed to improving community standards of living and supporting initiatives that promote youth development and access to the arts.

Robert Befidi

President, 3M Separation and Purification Sciences Division

Paul Chappelle

Site Director, Plant Manager and Manufacturing Product Manager

Ben Wright

Vice President

Past deals in Minnesota

Verata Health (Now Part of Olive)

Series A in 2019
Verata Health, now part of Olive, was established in 2017 and is headquartered in Bloomington, Minnesota, with additional offices in Minneapolis, Boston, and Orlando. The company specializes in developing artificial intelligence-based software solutions aimed at improving the prior authorization process for healthcare providers and payers. Its platform synthesizes clinical documentation and medical necessity rules to provide real-time decision recommendations, thereby streamlining manual tasks and enhancing efficiency. By removing barriers associated with prior authorization, Verata Health's technology enables healthcare providers, private practices, and pharmacies to take control of their revenue cycles, reduce write-offs, and ensure that patients receive timely care. The company has gained trust from health systems and providers across the country for its innovative approach to modernizing the healthcare authorization process.

Arizant Healthcare

Acquisition in 2010
Arizant Inc., headquartered in Minnesota, is the parent of a family of companies, including Arizant Healthcare Inc., Augustine Medical, Inc. and Augustine Medical International Corporation. Arizant’s companies design, manufacture and market medical devices that provide innovative, practical solutions to common medical problems.

HighJump

Acquisition in 2004
HighJump Software is a global provider of supply chain management software that streamlines the flow of inventory and information from supplier to store shelf. More than 4,500 customers worldwide have transformed their supply chains using HighJump Software. HighJump Software solutions for distribution and logistics, direct store delivery, trading partner connectivity, mobility and manufacturing include: warehouse management systems, transportation management systems, route accounting systems, manufacturing execution, mobile sales, ERP data collection and the TrueCommerce™ EDI Solutions Platform. Functionally rich and highly adaptable HighJump Software solutions support growing and evolving businesses in distribution, food and beverage, 3PL, retail, healthcare and consumer goods industries. The company was founded in 1983 and is headquartered in Minneapolis, Minnesota.
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