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Merion Announces New Investment in Data Security Provider

Merion Investment Partners III, L.P. is pleased to announce a new investment in CRU Data Security Group LLC (“CDSG”). Merion provided subordinated debt with warrants to support the merger of Cru and Digistor.

Headquartered in Vancouver WA, CDSG is a trusted provider of data security, data transport and disaster-proof data storage device. Digistor is a leading manufacturer of secure solid-state drives and removable storage solutions. Adding Digistor to the CDSG family of brands expands and strengthens secure data storage offerings for PC and enterprise OEMs, government agencies and defense and military customers.

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Merion Announces New Investment in Specialized Optics Manufacturer

Merion Investment Partners III, L.P. is pleased to announce a new investment in American Holoptics. Merion provided subordinated debt with warrants to support the acquisition of EOTech from L3 Harris.

Headquartered in Michigan, EOTech designs, manufactures and markets electro-optical products, rifle optics, thermal devices, and night vision systems. Due to its advanced technology, EOTech holographic weapon sights are among the fastest and most intuitive sighting systems on the planet and sold to military, law enforcement and commercial markets around the world. By combining EOTech with its current businesses Elite Defense and HEL Technologies, American Holoptics represents a solid foundation of cutting-edge optical science and optical accessories distribution.

 

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Merion Announces New Investment in Specialty Manufacturer

Merion Investment Partners III, L.P. is pleased to announce a new investment in Magma Products (“Magma”). Merion provided subordinated debt and equity to support the acquisition of the company by a private equity firm.

Headquartered in California, Magma is the leading manufacturer and marketer of high-quality cookware products designed for use in harsh marine and outdoor environments.

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Merion Announces Successful Exit from Mortgage Services Business

Merion Investment Partners III, L.P. is pleased to announce a successful exit from CIS Credit Solutions (“CIS”). Merion provided subordinated debt to support the acquisition of CIS by a single family office in 2018.

The company, headquartered in Allamuchy, NJ, is a leading provider of credit reports and complementary services to mortgage lenders, brokers and banks.

Merion retains a residual equity participation in the company.

 

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Merion Portfolio Company Zentech Manufacturing Acquires Trilogy Circuits

Zentech accelerates effort and strategy to build leading electronics manufacturing services (EMS) provider for Defense, Aerospace, Medical and other high-reliability industries

Merion Portfolio Company, Zentech Manufacturing, Inc., is pleased to announce the acquisition of Trilogy Circuits, LLC.

Trilogy Circuits, LLC , based in Richardson, TX., is AS9100D certified and has a near twenty-year legacy of providing exemplary high-technology electronics manufacturing services (EMS), products and support to the many military primes and other high-reliability industries, both in Texas and nationwide.

Following the transaction, Trilogy Circuits, LLC. will become Zentech Dallas (TX), and joins the Zentech family of companies that also includes Zentech Baltimore (MD) and Zentech Fredericksburg (VA).

Zentech is led by CEO Steve Pudles. Steve has a thirty-year track record of building EMS businesses with industry-leading technology, process, quality and customer service. He is a twenty-year member and past chairman of the Board of Directors of the IPC (Association Connecting Electronics Industries).

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Merion Announces New Investment in EMS Provider for Aerospace

Merion Investment Partners III, L.P. is pleased to announce a new investment in Zentech Manufacturing, Inc. (“Zentech”).  Merion provided subordinated debt and equity to support the acquisition of the company by a private equity firm.

Zentech is an engineering-driven electronics contract manufacturer specializing in the design and manufacture of highly complex electronic and RF circuit cards and assemblies.  The company is headquartered in its purpose-built facility located in Baltimore, MD, with subsidiary operations in Fredericksburg, VA.

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Merion Announces New Investment in Global Art Company

Merion Investment Partners III, L.P. is pleased to announce a new investment in Kalisher. Merion provided subordinated debt to support the company’s acquisition of Soho Myriad, Inc. (“Soho”). Kalisher is a North Carolina based creator, curator and manufacturer of art for the commercial hospitality industry. Soho is an Atlanta based consultant, curator and manufacturer of custom art packages. The joining of the two companies brings Soho’s deep experience of producing art with outside artists into harmony with Kalisher’s team of in-house artists and curators.

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Merion Announces Successful Exit from Transportation Logistics Company

Merion is pleased to announce a successful exit from TLC Companies (“TLC”) through a sale to an affiliate of SE Capital Partners.

TLC, based in Brooklyn Center, MN, is the nation’s largest provider of outsourced human resource services, including payroll processing, workers compensation insurance and other employee benefits for the transportation industry.

Merion originally invested sub debt and equity in TLC in 2012.  The sale is the culmination of a successful partnership alongside High Street Capital and TLC’s management, along with co-investors Cohesive Capital Partners and Marquette Capital Partners.

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Merion Announces New Investment in Digital Signage Software Provider

Merion Investment Partners III, L.P. is pleased to announce a new investment in RMG Networks (“RMG”).  Merion provided subordinated debt and equity to support the acquisition of the company by a private equity sponsor.

Headquartered in Dallas, TX and with offices worldwide, RMG goes beyond traditional communications to help businesses increase productivity, efficiency and engagement through digital messaging. By combining best-in-class software, hardware, business applications and services, RMG offers a single point of accountability for integrated data visualization and real-time performance management.

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Merion Announces New Investment in Education Curriculum Provider

Merion Investment Partners III, L.P. is pleased to announce a new investment in TouchMath.  Merion provided subordinated debt and equity to support the acquisition of the company by an independent sponsor.

Headquartered in Colorado Springs, CO, TouchMath is a creator, publisher and distributor of supplemental math curriculum materials. Since 1975, TouchMath has delivered the only multisensory math program that uses the numeral itself as a manipulative.  The company offers complete instructional programs for pre-k through upper grades with materials built on the Common Core State Standards.