LLR Partners, Inc. is a private equity firm based in Philadelphia, Pennsylvania, specializing in growth and expansion investments in the lower middle market. Founded in 1999, the firm focuses on technology and service-oriented companies, primarily in sectors such as business services, healthcare, fintech, industrial technology, education, security, and software. LLR Partners seeks to invest in businesses with revenues between $10 million and $250 million, targeting annual revenue and earnings growth exceeding 10% and gross margins above 40%. The firm typically invests between $25 million and $200 million in transactions valued from $20 million to $250 million. LLR Partners emphasizes a mix of preferred and common equity and senior debt in its capital structure while maintaining lower leverage. The firm aims for exits within three to seven years through strategic sales, initial public offerings, or recapitalizations, and it actively engages with portfolio companies by taking board seats and participating as either lead or co-investor in transactions.
WizeHive, Inc. is a technology company that specializes in developing online software platforms designed to help organizations manage various processes efficiently. Founded in 2009 and based in Conshohocken, Pennsylvania, WizeHive offers a range of solutions including grants management, scholarship management, awards management, fellowship management, internship management, and accreditation management systems. These tools allow users to collect, manage, and review applications online, effectively streamlining administrative tasks. The company's flagship product, Zengine, is a cloud-based platform that enables non-technical users to create custom business applications while providing developers with the capability to enhance these applications through integrations and added functionalities. By facilitating better organization and communication among clients, WizeHive helps foundations, universities, and government agencies save time and reduce administrative costs.
Suvoda
Venture Round in 2019
Suvoda LLC is a clinical trial technology company that specializes in patient randomization and clinical supply chain solutions. Founded in 2011 and headquartered in Conshohocken, Pennsylvania, Suvoda provides interactive response technology (IRT), eConsent, and eCOA software services tailored for complex studies in areas such as oncology, central nervous system disorders, and rare diseases. The company serves a diverse clientele, ranging from small biotechnology firms to large pharmaceutical companies and their contract research organization (CRO) partners. Suvoda’s advanced software solutions, delivered on a unified platform, enable clinical trial professionals to efficiently manage critical aspects of their trials. With additional offices in North America and Europe, Suvoda has been involved in supporting over 1,000 trials across 80 countries, emphasizing its commitment to enhancing the clinical trial experience.
Relay Network
Private Equity Round in 2019
Relay Network, LLC is a technology company based in Radnor, Pennsylvania, that facilitates communication between brands and their customers via a private messaging application. Established in 2009, Relay Network enables businesses to send messages on behalf of service providers, allowing customers to opt in to receive notifications and service alerts. The company serves a diverse range of industries, including healthcare, financial services, insurance, cable, energy, travel, and hospitality. By providing tools for designing, orchestrating, and automating customer engagement, Relay Network aims to enhance the quality of customer interactions and build lasting relationships.
eLocal USA
Venture Round in 2017
eLocal USA is a leading provider of pay-for-performance digital advertising, specializing in connecting consumers with local service providers across various sectors, including home services, legal, medical, automotive, and insurance. The company employs a performance-based pricing model, allowing businesses of all sizes to acquire new customers effectively and affordably. With a strong partner network and a significant presence across major search engines and publishing platforms, eLocal has established itself as a dynamic marketing company that enhances revenue and retention for its clients. Since its acquisition by HomeServe, eLocal has expanded its capabilities through strategic acquisitions, including the Philadelphia-based digital marketing agency Vincodo. The company has received recognition for its work, including the Ernst & Young Entrepreneurs of the Year Award, and consistently maintains an A+ rating from the Better Business Bureau. eLocal fosters a positive workplace culture, earning accolades such as certification as a Great Place to Work and a high employee rating on Glassdoor.
SICOM Systems
Acquisition in 2016
SICOM Systems, Inc. is a provider of integrated technologies and services tailored for quick service and fast casual restaurants. Founded in 1987 and based in Doylestown, Pennsylvania, the company specializes in developing point of sale systems, digital menu boards, order confirmation units, and drive-thru management solutions. Additionally, SICOM offers comprehensive services including design, installation, training, and ongoing support. Their product suite also features advanced analytics and restaurant management solutions aimed at enhancing operational efficiency for brands and franchisees. As of 2018, SICOM operates as a subsidiary of Global Payments Inc., serving major restaurant chains globally.
CoreDial
Private Equity Round in 2015
Based in Blue Bell, Pa., CoreDial cloud software and services enable companies to quickly and cost effectively sell, deliver, manage, and invoice for high quality, private labeled cloud communication products and services including hosted PBX, VoIP and SIP trunking services.
Strategic Distribution
Venture Round in 2011
Strategic Distribution, Inc. is a provider of integrated maintenance, repair, and operations (MRO) supply chain management services in North America. The company offers a range of services that include MRO supply chain evaluation, data management, strategic sourcing, compliance, and inventory management, aimed at optimizing the supply chain process. Its technology solutions, such as client portals and mobile barcode scanners, enhance inventory tracking and management. Strategic Distribution serves various industries, including basic materials, consumer goods, industrial services, oil and gas, and telecommunications, helping clients reduce costs and improve operational efficiency. Founded in 1968 and based in Bristol, Pennsylvania, the company also has subsidiary operations in Mexico and Canada.
Pet360
Venture Round in 2011
Pet360, Inc. is a company focused on enhancing the lives of pets and their owners by combining community engagement, informative content, and e-commerce. It operates several online platforms, including Pet360.com, a leading site for pet community interactions and commerce; PetFoodDirect.com, which offers a comprehensive selection of pet food and supplies; OnlyNaturalPet.com, specializing in all-natural, organic, and sustainable pet products; and petMD.com, a top resource for pet health information. Headquartered in Plymouth Meeting, Pennsylvania, Pet360 aims to connect pet parents with essential resources, advice, and products to help them care for their pets effectively.
Revitas
Private Equity Round in 2009
Revitas Inc. offers integrated solutions for contract, revenue, and compliance management, helping organizations optimize contract performance and manage complex pricing incentives. The company provides a range of software applications, including Revitas Revenue Manager, which enables creative pricing strategies, and Revitas Validata, designed to identify savings through prescription data validation. Other solutions include ContractWIZE for contract lifecycle management, Revitas Royalty Management for handling royalty payments, and Revitas Analytics, which converts contract data into actionable insights. Revitas also addresses specific compliance needs with products like Revitas Medicaid Rebates and Revitas Government Pricing, streamlining processes related to drug rebate programs and pricing calculations. Built on the secure and scalable Flex platform, these applications enhance visibility and efficiency across B2B relationships, particularly in highly regulated industries such as pharmaceuticals and biotechnology. Founded in 1989 and based in Philadelphia, Pennsylvania, Revitas operates as a subsidiary of Model N, Inc. since 2017.
Pet360
Private Equity Round in 2007
Pet360, Inc. is a company focused on enhancing the lives of pets and their owners by combining community engagement, informative content, and e-commerce. It operates several online platforms, including Pet360.com, a leading site for pet community interactions and commerce; PetFoodDirect.com, which offers a comprehensive selection of pet food and supplies; OnlyNaturalPet.com, specializing in all-natural, organic, and sustainable pet products; and petMD.com, a top resource for pet health information. Headquartered in Plymouth Meeting, Pennsylvania, Pet360 aims to connect pet parents with essential resources, advice, and products to help them care for their pets effectively.
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