Investment Capital for Industrial Businesses
August 15th, 2017 / Dallas, Texas - Clavis Capital Partners (“Clavis”), a Dallas-based private equity firm, announced today it has invested growth capital in Azimuth Technology (“Azimuth”), a leading manufacturer of precision components for OEM’s and aftermarket distributors in the firearm and defense industries.
Headquartered in Naples, FL, Azimuth has grown rapidly since its founding in 2011 to become an industry leader in the high precision components manufacturing sector. The company’s state-of-the-art manufacturing facility and expert machinists produce top quality metal components utilized in the manufacturing of a variety of firearms and equipment for the civilian, law enforcement and defense industries. Azimuth’s scalable and versatile operating platform enables the company to rapidly design, prototype and manufacture components for new products, existing platforms, or aftermarket replacements and enhancements.
“The Azimuth team has developed a strong reputation for the highest quality products and best service in the industry which has allowed them to secure a strong leadership position in the market,” said Todd Dauphinais, Managing Partner of Clavis Capital Partners. “We are excited about the company’s current and future growth prospects and are honored to be part of Azimuth’s expansion strategy.”
Len Zaiser, IV, Chief Executive Officer of Azimuth, commented, “We selected our new partners because of their successful track record, partnership mentality and alignment with our vision for Azimuth’s future. The entire management team is delighted to welcome Clavis to the Azimuth family as we build upon our strong foundation and execute our growth plan.” Len Zaiser, III, Founder of Azimuth, echoed, “Our capital partners have strong track records of success partnering with companies such as Azimuth. We look forward to leveraging the experience and resources of our new partners as we embark upon our next stage of growth.”
October 9, 2015 / Dallas, TX – Clavis Capital Partners today announced the completion of a significant investment in Solair Group, LLC, the leading global provider of maintenance tooling and Ground Support Equipment (GSE) products, services and solutions to the aircraft and aerospace industry.
Founded in 2004 and based in Miami, Florida, Solair Group is known throughout the aircraft maintenance industry for its large catalogue of manufactured products, comprehensive product repair and re-calibration service offerings and customer service excellence. The company is the leading global supplier of after-market and 3rd party maintenance tooling products and services to major airlines, military and Maintenance, Repair & Overhaul (MRO) companies around the world.
Clavis identified Solair Group as a leading niche manufacturer in a highly attractive segment and worked with management to structure a transaction to enhance the Company’s overall growth prospects. Clavis partnered with Greyrock Capital Group to complete the financing for this transaction.
About Solair Group
Based in Miami, Solair Group is a full service supplier of low cost tooling and Ground Support Equipment (GSE) for all types of aircraft. We offer a broad range of manufactured and sourced maintenance tooling products along with full service technical support, repairs, recertification and calibration to all of our Airline, MRO and military customers across the globe. We also offer custom workmanship on all of our equipment with in house machine shop, welding, painting, sheet metal, coating and wood work capabilities to meet any customer need.
September 6th, 2016 / Dallas, Texas – Clavis Capital Partners, announced today the completion of the recapitalization of Alliance Tank Service (“ATS”), the leading provider of Above Ground Storage Tank products and services to the Agriculture, Asphalt, Industrial and Petroleum industries. Terms of the transaction were not announced.
Founded in 2008, ATS has grown into a leading firm providing a broad range of storage tank products and services to a diverse set of customers across multiple industries. The Company has developed an excellent reputation for quality and services in the industry and has experienced substantial growth in revenue and profitability every year since its founding.
“We are thrilled to partner with Clavis on this deal. As opposed to just providing capital, the Clavis team brings real operational experience and insight that is specific to our needs and will help us further accelerate our growth plan” stated founder Sammy Reece. “We are pleased to have partnered with investors who share our vision and passion for excellence”.
“ATS fits our exact investment profile – high growth, excellent operating team, strong family-oriented culture, world-class customer base and multiple near and long term growth opportunities. We are extremely excited to work with the ATS team to help them continue their success” commented Todd Dauphinais, Managing Partner, Clavis Capital. “This investment represents only the first stage of our growth plan. We will immediately begin construction on an expansion to our Cushing, OK manufacturing facility and will be adding additional team members, opening new offices, expanding our service business and looking at future acquisitions. This is an exciting time for ATS” furthered Dauphinais.