VERCOR Advises MaxVision in its Sale to Riverside Partners
November 14, 2007 (PRLEAP.COM) Business News
Atlanta, Georgia, November 14, 2007 - VERCOR is pleased to announce the sale of MaxVision, a computer engineering and manufacturing company headquartered in Madison, Alabama, to Riverside Partners. A middle market private equity firm, Riverside Partners has managed more than $500 million in investments in over 50 companies. VERCOR’s Managing Partner, Mark Jordan, acted as the advisor to MaxVision on the transaction. “We work with a lot of intermediaries and Mark is clearly one of the few who have immense value add throughout the process,” stated David Belluck, a General Partner at Riverside Partners. MaxVision manufactures sturdy, portable computer workstations for military and commercial use. The company’s rugged products have become the gold standard for portable workstations used in geospatial imaging and command and control operations. MaxVision also designs portable video editing systems, web streaming, and presentation recording systems for OEMs and resellers. Riverside Partners sees MaxVision as the perfect fit for its growing technology investment portfolio. The private equity firm aims to bolster MaxVision in its next stage of growth.
About VERCOR
VERCOR is a leading provider of middle market investment banking services with 13 offices worldwide. Specializing in transactions for companies with revenues of $10 to $100 million, VERCOR offers extensive expertise in all stages of the business sale from concept to completion. VERCOR experts have executed transactions totaling over $600 million in value. For more information about VERCOR, visit www.vercoradvisor.com.
About MaxVision
Founded in 1993, MaxVision manufactures highly differentiated military and commercial portable computer workstation and server products with facilities in Madison, Alabama. To learn more, visit MaxVision online at www.maxvision.com.
About Riverside Partners
Founded in 1989, Riverside Partners is a middle market private equity firm currently investing Riverside Fund III, L.P. The fund focuses on growth-oriented companies primarily in the healthcare and technology industries. Riverside is particularly experienced at partnering with founders, owners and management teams and it brings substantial domain expertise and operating experience to its portfolio companies. The partners at Riverside have managed more than $500 million in investments in over 50 companies. They are currently focused on companies with revenues between $20 - 200 million and with $5-25 million of EBITDA. Visit www.riversidepartners.com for more information.