Current Portfolio - Click here for Printable PDF version

* Omega Environmental Technologies (Irving, Texas)
Auto Air Export, Inc., currently doing business as Omega Environmental Technologies, is a leading international distributor of aftermarket automotive climate control parts, serving a range of vehicles including automobiles and light trucks, heavy-duty trucks and off-road equipment. The Company carries a complete line of compressors, evaporators, condensers, expansion valves and accumulators. Omega sells its products in over 80 countries. After being introduced to the Company by a Dallas based investment bank, River Associates was selected to partner with the Company’s founder.

* KK Precision, Inc. (Toronto, Ontario)
KK Precision is a leading supplier and manufacturer of complex components for gas turbine engines in the Energy, Aerospace and Defense sectors. The company excels in applying their extensive manufacturing capabilities to product designs, including machining, joining, non-destructive testing, assembly and supply chain management. River Associates was introduced to the opportunity by a boutique investment bank in Boston, MA.

* TrueNet Communications, Inc. (Jacksonville, FL)
TrueNet is a leading provider of communications network infrastructures services. The Company specializes in delivering consulting, engineering, installation and technical services to the Broadband, Wireless and Wireline Carrier, Energy and Utility, and corporate and government markets. The Company provides value by offering specialized outsourced services that are uniquely tailored for the needs of its customers. TrueNet is initially comprised of three operating companies—Truevance, Inc., TBW Solutions, LLC and CCE Services, Inc. The opportunity to acquire these companies was originally introduced to River Associates by a veteran communication services industry executive, who also joined as CEO of TrueNet.

* National Deli (Miami, FL)
National Deli is a leading provider of authentic delicatessen meats, all beef franks and premium cooked beef products. The company’s customers include institutional food service distributors, chain restaurants, hotels & casinos, sports venues and sandwich shops, among others. National Deli partners with its customers to provide the highest quality service and products. National Deli chose to partner with River Associates in large part due to the firm’s long track record of supporting management teams in profitable growth initiatives.

* Cash Management Solutions (St. Louis, MO)
CMS is a market leading provider of revenue cycle management services for professional service firms such as law and accounting firms. CMS helps its clients convert unbilled and billed time into cash via an outsourced business service platform that is more cost effective and efficient than internal means. With a sophisticated technology backbone, CMS works with its customers both on and off-site to develop unique cash flow management solutions for all stages of the billing process without negative client repercussions. In a competitive job process, River Associates was chosen over other financial sponsors due to an aggressive valuation, certainty of close and chemistry with CMS’ Chief Executive Officer.

* Boxercraft (Atlanta, GA)
Boxercraft is a leading supplier of quality specialty apparel including spiritwear, campus apparel and licensed collegiate apparel. The company’s products are sold principally to decorators (i.e., screen printers and embroiderers) and promotional products distributors, as well as to retail outlets and resorts throughout the U.S. The CEO/founder of Boxercraft selected River Associates as his financial partner after substantial “reverse due diligence” on River Associates, including detailed reference interviews with CEOs from current and former portfolio companies.

* Lucent Polymers (Evansville, IN)
Lucent is a market-leading compounder of recycled engineering grade and other plastic resins. Lucent specializes in sourcing off-grade and scrap plastic which it reformulates into resin compounds that can substitute for prime, or “virgin”, resin compounds at substantial cost savings. Lucent’s business model is based on leveraging its scale and sourcing relationships and its flexible manufacturing capabilities to be the low cost producer across all its product lines. Lucent serves a diverse customer base including industrial, consumer and automotive end markets. Lucent was introduced to River Associates by one of the country’s leading buy side intermediary firms based on the West Coast.

* Roscoe Medical (Strongsville, OH)
Roscoe is a leading specialty distributor of respiratory supplies and replacement parts to the home health care market. The company’s product offering includes a broad line of replacement parts, filters and supplies used in oxygen concentrators, liquid oxygen systems, CPAP units, and compressed gas. Roscoe also supplies wheelchair components to the home health care market. Roscoe’s products are sold to approximately 2,000 customers which include national home health care dealers and independent repair facilities. Roscoe was previously 100% owned by its founder. The founder had turned day-to-day management of the company over to her sons and brother several years prior to selling the company. River Associates backed this management team in a buyout of 90% of the founder’s interest. River was introduced to the opportunity by a boutique investment bank in Medina, Ohio. Since the intial investment, Roscoe has completed a strategic add-on acquisition of a west coast company with synergistic product lines.