Anania & Associates Investment Company

Anania & Associates Investment Company LLC is a private equity firm based in Portland, Maine, established in 2008. The firm specializes in investing in a diverse range of sectors, including natural resources, industrials, healthcare, education, manufacturing, software, and distribution. With a focus on the Maine region, Anania & Associates aims to support the growth and development of companies within these industries through strategic investments.

Florian Knappe

CFO

Scott Knoll

Partner and VP of Corporate Development

Jeffery Tounge

Director and Partner

2 past transactions

DAVO Technologies

Corporate Round in 2018
DAVO was created to solve the pain points in the payor/payee relationship; optimizing any recurring payment cycle, compressing time. Whether it’s a small to mid-sized merchant looking to simplify their sales tax payment method, a state government looking to collect sales tax securely, or a franchisor looking to streamline the collection of franchise royalty and advertising fees, DAVO has the solution. Our process is passive, seamless, and automatic. We optimize any recurring payment cycle of 30, 60 or 90 days (etc) and reduce that to 24 hours, compressing time. DAVO Sales Tax is the automated solution to the number one problem small to mid-sized businesses face when it comes to sales tax- having the funds available when it is time to pay. DAVO’s patented process automatically impounds the total sales tax collected daily, and files and pays when due. No need to worry about late or incorrect filing or paying penalties ever again. DAVO is integrated with multiple cloud based Point of Sale (POS) platforms such as Clover, Square, Revel, Poynt and QuickBooks Online. The entire process is seamless and automatic, eliminating the risk of missed, short or late payments. DAVO removes the friction points associated with sales tax compliance, affording merchants more time to focus on the profitable aspects of their business. DAVO does for sales tax what ADP and Paychex did for payroll.

Elmet Technologies

Acquisition in 2015
Elmet Technologies, LLC specializes in the design, manufacturing, and sale of products made from molybdenum, tungsten, and other refractory metals. Founded in 1929 and headquartered in Lewiston, Maine, the company serves a diverse range of industries, including medical imaging, aerospace, defense, energy, and semiconductor manufacturing. Elmet produces various products such as medical imaging collimators, sputtering targets, crucibles, furnace components, and mill products like rods, sheets, and powders. With manufacturing facilities in Lewiston, Maine; Covington, Georgia; and Chengdu, China, Elmet Technologies caters to both domestic and international customers across the United States, Europe, and Asia. The company also offers contract services, including engineering and design, to assist clients in achieving precise specifications.
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