American Roller Company is a leading manufacturer and coater of industrial rollers used primarily in four markets: converting (paper and plastic), metals (coil coatings), graphic arts (printing and packaging) and business and office machines.
Initial investment date: December 2003, Exit date: March 2006

Automotive Franchise Systems is a multi-brand franchisor of auto aftermarket appearance and protection services, with mobile delivery.
Initial investment date: December 2003, Exit date: January 2006 (subordinated debt portion)


Cap-XX Limited produces high surface area, thin film carbon super capacitors for wireless handheld and portable devices and digital cameras. CAP-XX exited by IPO on the AIM market in London.
Initial investment date: September 2004, Exit date: April 2006


Guidepoint Systems develops and markets telematics solutions for the automotive aftermarket. Guidepoint draws on more than three decades of management experience supplying mobile electronics to the automotive aftermarket & vehicle tracking.
Initial investment date: October 2006, Exit date: June 2007 (subordinated debt portion)

IEI Financial Services provides customer relationship management services for the utility industry. IEI was acquired by UK based BPO vendor Vertex.
Initial investment date: November 2005, Exit date: May 2007

Ischemia Technologies develops, manufactures and markets diagnostic tests for ischemia modified albumin. Ischemia was acquired by Inverness Medical Innovations (AMEX:IMA).
Initial investment date:  March 2003,Exit date: March 2005

Pancel was an early-stage cellular therapy company that was developing technology to genetically engineer pancreatic cell lines for the eventual cure of Type I diabetes.
Initial investment date: June 2003, The company wound down in 2007 and the investment was written off.

QRx Pharma, a clinical stage specialty pharmaceutical company focused on the development and commercialization of therapies for disorders of the central nervous system (CNS). The company had an IPO on the Australian Securities Exchange.
Initial investment date: January 2003, Exit date: May 2007

Specialty Transportation provides specialized transportation solutions.
Initial investment company: February 2005, Exit date: October 2005

TempCo is staffing agency which focuses on placing people into light industry, particularly warehousing and distribution.
Initial investment date: October 2006, Exit date: March 2007