Saratoga Partners, L.P.

Website Links

Description

Advanced Lighting Technologies, Incorporated Saratoga acquired Advanced Lighting Technologies, Incorporated by co-sponsoring a Chapter 11 bankruptcy reorganization plan with the Company management, including its founder. Advanced Lighting is a world leader in designing, manufacturing and marketing of metal halide and other lighting products, including materials, system components, systems and production equipment. The business was previously publicly-traded on the Nasdaq exchange. Originally spun-off from General Electric, Advanced Lighting is a vertically integrated industry leader with a proven ability to continually innovate and market new applications of metal halide products. The business has three primary operating units: Venture Lighting International, a leading manufacturer of metal halide lamps and ballasts; APL Engineered Materials, the world’s leader with approximately a 95% share in key dose materials for metal halide and high-pressure sodium lighting products; and Deposition Sciences, Incorporated, developer and manufacturer of advanced optical thin film coatings and deposition coating machinery for industrial and military applications including specialty coatings for high energy efficient lamps. Go to Advanced Lighting's website ... Emeritus Corporation Emeritus Corporation is one of the largest owners and operators of assisted living facilities in the United States, with 135 managed properties in 29 states. The assisted living industry provides living facilities for elderly people who require assistance with such activities of daily living as bathing, dressing, and taking medication, but who do not require the more expensive attention of a nursing home or hospital. Emeritus was founded in 1993 by Dan Baty, the former chairman of The Hillhaven Company, a large nursing home operator. From its inception, Emeritus embarked upon a rapid growth path, acquiring and building over 10,000 assisted living apartments. At the present time, its focus has shifted to growing occupancy rates and further increasing operating margins. At year end 1999, Saratoga Partners made a substantial preferred equity investment in Emeritus, with the result that in Saratoga’s being the largest single shareholder on a fully diluted basis in this publicly traded company. Go to Emeritus' website ... Communications Software Consultants (Commsoft) Commsoft is a transaction processing software company which serves the ILEC, CLEC and wireless markets of the telecommunications industry with highly scalable, convergent billing and customer care license software products. In its 18 year history, Commsoft has compiled an impressive roster of clients covering most of the United States as well as select international telecommunications companies. Saratoga Partners attracted Commsoft’s founder, Larry Davis, back to the Company at the time of investment. Mr. Davis is further expanding Commsoft’s existing customer base and breadth of products. Go to CommSoft's website ... STC Wireless Resources, Incorporated STC is an engineering and technical support service provider for the wireless industry. STC' customers include manufacturers of wireless equipment, paging carriers, cellular, PCS and satellite companies, regional Bell companies, interconnect companies and wireless internet service providers. Having purchased the assets of STC Wireless Resources, Incorporated from Preferred Networks Incorporated in May 1999, Saratoga Partners is working actively with management to guide STC' strategy to establish a strong regional organization which will develop into a focused national provider servicing wireless customers including AT&T Wireless, Cingular and American Tower. This strategy reflects the Company's ongoing efforts to capitalize on the fragmented nature of the wireless engineering and technical support industries. Go to STC's website ... Data Return, LLC Saratoga acquired Data Return, pursuant to Section 363 of the bankruptcy code out of the Divine Incorporated estate. Saratoga is backing the existing management team, including the founder of Data Return. The business, formed in 1997, has since grown to over $50 million in revenue and is recognized as an industry leader with many high profile customer relationships. The business was previously acquired by Divine in January 2002 and pulled into bankruptcy when parent company Divine filed for Chapter 11 protection in February 2003. Data Return provides outsourcing services to integrate, host, manage and support all of the network, hardware and software infrastructure required to operate external-facing website applications for corporations. Distributed end users access these applications located in Data Return’s centralized data centers from remote locations over the Internet. To manage, support and deliver applications to distributed remote end users, Data Return manages, combines and integrates a broad range of both technological infrastructure components and IT outsourcing services. In particular, Data Return maintains specific teams of certified IT professionals that are responsible for 24/7 monitoring, support, maintenance and operations of customers’ applications and all of the various supporting infrastructure components. Data Return has a large base of recurring revenue from over 200 enterprise customers including Match.com (subsidiary of USA Interactive), H&R Block, BMW, Hewlett-Packard, and GMAC. The Data Return investment fits well with Saratoga’s investment focus on the information services sector. Other attractive investment characteristics include a large base of recurring revenue, strong profitability, long standing customer relationships, industry leadership and opportunity for substantial growth. Go to Data Return's website ... Sericol, Incorporated Saratoga teamed up with the existing management to acquire Sericol from British Petroleum. Sericol is the world market and technology leader in screen printing inks and related pre-press products with approximately $200 million in annual sales. The Company has a leading market position in UV inks for graphic (point of purchase, decals and posters) and industrial (CD and DVD manufacturing, specialty packaging) printing. The Company’s advantage in these markets has been gained through superior product quality, technological innovation, and customized service. Sericol has a strong global presence with direct sales in 18 countries and distribution to another 70. The Company has approximately 1,200 employees located around the world with manufacturing facilities in Kansas City as well as in the UK, Australia, Brazil, India and China. Go to Sericol's website ... NAT, Incorporated NAT provides transaction processing software and services for administering warranty and service contracts for consumer products. Clients that use the company’s proprietary systems are leading providers of automotive, consumer retail, home warranty and service plans, and include three of the top 10 insurance companies, one of the top five automotive manufacturers and two major auto-glass service providers. Currently, NAT’s business is focused on automotive and retail extended warranty programs. NAT’s business plan targets the automotive sector through factory warranty and extended warranty programs, the retail sector through extended service plans, and the real estate/insurance sector through home warranty programs. NAT differentiates itself as the only systems vendor in its automotive niche that has developed and installed a workflow solution for the complete Extended Warranty Contract (EWC) transaction from origination at the franchised auto dealer through settlement with the insurance company. EUR Systems, Incorporated EUR Systems, Incorporated is a leading services provider of outsourced billing and customer care solutions to the telecommunications industry, offering a complete back office which effectively frees the client to focus on its own core business. The highly regulated and competitive nature of the telecom industry created an increasingly complicated billing process, which spurred demand for EUR's expertise in such areas as inter-carrier access billing (in which EUR enjoys a particularly strong market position), invoice production and distribution, management reporting, customer maintenance and sales support. EUR currently processes in excess of 300 million messages per month for such customers as AT&T, Global One, IBM Global Services, Time Warner Telecom and more than 30 independent local exchange carriers. Saratoga's role in effecting EUR's transition from a family- to management-owned company has not only fostered a greater entrepreneurial environment, it has also provided the managerial guidance and financial backing necessary to ensure the Company's growth through organic expansion, resource redeployment, and strategic alliances. Particularly substantial growth opportunities include domestic and international carrier access billing and convergent billing solutions for its telco customers. Go to EUR's website ... Datavantage Corporation Saratoga Partners acquired a controlling equity position in Datavantage Corporation, a leading developer and integrator of in-store information system software for specialty retailers. The Company's two main software products are Store 21

Companies nearby