Business Services

Investment Focus

For over 20 years we have invested in lower middle market, asset-light, business services companies.  Our approach has been to partner with founders in control equity recapitalizations, usually with little to no leverage and meaningful rollover equity, in order to pursue the growth vision we formulate with our partners.

Current Investments

Virtual
In January 2018, Striker Partners sponsored the combination of its existing portfolio companies, Professional Credential Services, Inc. and Drohan Management Group, with Virtual, Inc.

The combined business, Virtual, provides professional services to technology and standards-setting organizations, business and trade associations, scientific professional societies, state governments, and professional licensing associations. Virtual has offices in Wakefield, MA, Reston, VA, and Nashville, TN.

FLEETLOGIX
Striker Partners, in partnership with the founders, completed an equity investment in FleetLogix in November 2016 to help management pursue rapid growth and capitalize on several strategic opportunities.

FleetLogix is the industry leader in providing managed labor and logistics solutions to rental car companies nationwide. The company is headquartered in San Diego, CA.

Vi3
In May 2014 Striker Partners completed an investment in Vi3 (formerly VALMARC Corporation. Headquartered in Needham, MA, Vi3 offers a patented technology platform that delivers comprehensive, authenticated tracking of branded products — with global, pinpoint accuracy. Vi3 has scaled to billions of products tagged worldwide and tracks every single product from the factory to the retail floor and into the hands of consumers.

Vi3’s data analytics platform helps brands identify counterfeit and grey market product issues, provides unparalleled supply chain visibility, and facilitates direct-to-consumer engagement.

Historical Investments

Data Driven Safety
Striker Partners, in partnership with the founders, completed an equity investment in Data Driven Safety in September 2015, in order to better position the business for continued growth. Headquartered in Davidson, NC, the team at Data Driven Safety are experts in collecting, aggregating, managing and ethically deploying public record data.

By transforming difficult-to-obtain streams of judicial and law enforcement data into a reliable river of information, Data-Driven Safety provides valuable data and services to the driver monitoring, risk management, and medical revenue recovery sectors.

Little Spurs
Striker Partners, in partnership with the founder, completed an investment in Little Spurs in April 2014. Headquartered in San Antonio, TX, Little Spurs operates multiple urgent care clinics for children in the San Antonio, Houston, and Austin metro areas.

The founder of Little Spurs partnered with Striker to execute a growth plan involving the roll-out of several new clinics and an investment in business infrastructure.

Surgent Mccoy
Striker Partners, in partnership with the founder, completed an investment in Surgent McCoy in November 2009. Surgent McCoy CPE is a leading provider of professional education and specialized career training services. Within the accounting, taxation, and estate and retirement planning specialties, the Company’s core areas of focus historically, Surgent McCoy is recognized as one of the largest and most respected for-profit providers of qualifying and continuing professional education and career training services in the United States, offering a broad portfolio of courses and several professional designations.

Surgent McCoy was sold in 2013 to Spire Capital, a private equity firm that provides capital to the Business Services, Information Services, Education, Media, and Communications industries.

Touchstone Wireless
Striker, in partnership with the founders and existing management teams, formed Touchstone through an equity recapitalization of Eastern Wireless, Inc. and Image 1 Wireless, Inc. in August 2004 and August 2005, respectively. The recapitalizations were designed to create liquidity for the founders, better position the combined businesses for accelerated growth, and to capitalize on strategic opportunities. Working from four U.S. locations, Touchstone provides reverse logistics, repair and asset management services for wireless handsets. Touchstone’s technical certifications and focus on the highest quality and most efficient service have allowed it to develop a strong and growing base of national and international customers, including some of the largest wireless service providers and electronic equipment insurance firms.

Touchstone was sold in 2010 to Brightpoint, Inc., a global leader in the distribution of wireless devices and the provisioning of customized logistic services to the wireless industry.

LazerGrade
Striker Partners, in partnership with an experienced professional and educational testing industry management team, acquired LaserGrade Computer Testing in August 2004. LaserGrade provides computerized occupational and professional licensure and certification testing via its own delivery software, and that of its IT marketing partners, through a network of over 1,000 third-party test sites nationwide.

LaserGrade was sold in 2007 to PSI Services, a market leader in licensure testing, certification services, and aptitude evaluation for private and public sector employers.

Larex
Striker co-invested in the growth financing of Larex, Inc. in November of 2000. Larex is the world’s leading supplier of a natural compound called Arabinoglactan (“AG”). AG is a colorless, odorless, and tasteless prebiotic fiber and immune-enhancing ingredient extracted from the Larch tree and used in dietary supplements, food & beverage, personal care, and animal health markets. Larex’s customer base includes, among others, Pepsi Co., Kraft, Odwalla, Natrol, EAS, Bristol-Myers Squibb Co., and Elizabeth Arden.

Larex was acquired in 2006 by Lonza, a multi-billion dollar European food ingredient company.

Nurture
Striker, along with General Mills, acquired Nurture in January 2002. Nurture is an innovator in natural, bio-active ingredient technologies from oats for use in nutraceutical and cosmeceutical market applications. Nurture manufactures and sells a proprietary family of all-natural, oat-based ingredients with value-added properties for a broad spectrum of applications, including pharmaceutical, nutritional, and personal care, with associated uses in agrochemical and industrial market segments. Nurture’s lead product, OatVantage™, which naturally lowers cholesterol, and carries with it the FDA’s heart-healthy claim, has been formulated into numerous dietary supplements and functional food applications.

Nurture was acquired in 2006 by Corn Products, Inc., a multi-billion dollar North American food company.