In March 2013, a company formed by Auriga acquired a majority ownership position in Pioneer Offroad Holdings ULC. Founded in 2006, Pioneer is a specialized equipment rental company focused on providing off-road equipment to environmental, surveying, and contractor customers servicing the oil and gas industry in Alberta, Canada. The Company provides a fleet of off-road transportation equipment that enables customers to access remote locations while providing the highest level of customer service and product safety available in the market. With seven strategically located facilities in the oil sands regions of Alberta and British Columbia, Canada, Pioneer is well-positioned to benefit from the continued robust growth of the oil sands and energy industries. In December 2013, Pioneer acquired Commercial All-Terrain Rentals, a Bonnyville based competitor, bolstering its position in the Cold Lake oil sands region. In December 2014, Pioneer acquired EZ Solution Rentals (now Pioneer Sanitary Solutions), a Taylor, British Columbia, based specialty equipment rental company focused on the rental and servicing of executive mobile washroom facilities. In June 2018, Pioneer acquired The Trailer Shop, a Bonnyville based provider of sales, parts, service, and rentals across a comprehensive offering of light-duty, heavy-duty, and specialty trailers.

Founded in 2017, Midwest Interventional Systems, Inc. is a leading provider of specialized turnkey product development and manufacturing solutions for catheters and other minimally invasive medical devices serving the structural heart, cardiovascular, neurovascular, electrophysiology, and vascular access end markets. Headquartered in Maple Grove, Minnesota, the company’s core capabilities cover the full spectrum of engineering services to bring products from concept stage to market. MIS partners with small-to-medium sized medical device companies, technical buyers at large medical device companies, and leading physicians with new, innovative concepts to provide a one-stop, vertically integrated engineering and manufacturing solution.

Founded in 1990, Beers Enterprises, Inc. dba The Switch is a leading provider of broadcast video transport services, offering customer-controlled, highly secure, extremely high speed broadcast video switching and transmission services for domestic and international television networks, common carriers, local broadcast stations, and producers or distributors of sports, entertainment, news, financial, political and public service television programming. Broadcast video transport services include: live event coverage (sports or news gathering), studio-to-studio or studio-to-production house transport for editing and/or production review, or content distribution to local affiliates or cable/satellite head-ends, involving real-time transport (sporting events, live talk shows or entertainment, time-sensitive editing or review) or non real-time transport (syndicated entertainment, non time-sensitive editing or review). The Switch’s network has been built using its proprietary control system software to provide very high levels of customer convenience, flexibility, and capacity. Examples of recent events transported by The Switch include the Oscars, the Emmys, The Tonight Show, and the Republican and Democratic National Conventions.

In September 2005, Evans Analytical Group (EAG), a company formed by Auriga Partners, American Capital Strategies Limited (ACAS) and members of management, acquired the assets of the Charles Evans & Associates division of HVE Incorporated (HVE) from the bankruptcy trustee responsible for managing and liquidating the assets of HVE. The acquisition was accomplished through a US bankruptcy code “363 sale” process in which the EAG bid was the “stalking horse” bid against which others were measured. EAG, operating from 20 labs located in 7 countries, provides molecular and ultra-high precision materials analytical services for the electronics, health care, aerospace, and other industries. During our investment tenure, Auriga significantly expanded revenue and EBITDA through the completion of 15 small acquisitions and investing in internal growth initiatives. EAG went public on the AIM market of the London Stock Exchange in June 2007. In October 2008, EAG was sold to Odyssey Partners.

In May and July of 2009, through a two-step transaction, a company formed by Auriga acquired the assets of Central Fiber, Inc., a manufacturer of cellulose fiber for sale into environmental and specialty technical applications. Central Fiber operates from three manufacturing facilities, Wellsville, Kansas, Canton, Ohio, and Tyler, Texas where it takes primarily recycled source materials as its manufacturing inputs. In 2015 and 2016, the businesses and assets of the Company were sold to buyers who competed in each of the Company’s 3 end market segments.

In June 2011, Ivy Sports Medicine acquired the assets, while maintaining the existing employee base, of the Collagen Meniscus Implant (CMI®) product line from ReGen Biologics through Chapter 11 bankruptcy process. In addition to CMI®, Ivy developed a comprehensive suite of meniscus products and services including the SharpShooter®Tissue Repair System as well as chondrotissue® and BioSeed®-C for articular cartilage regeneration. Ivy continues to stay on the forefront of sports medicine, developing simple, comprehensive and data-driven therapies, which enable sports medicine surgeons to restore patient mobility. In September 2016, Ivy was sold to Styker’s Endoscopy division.

BE Aerospace (BE) is the world’s largest manufacturer of commercial aircraft cabin interior products, serving virtually all major airlines with a broad range of products including aircraft seats, galley structures as well as a full range of food & beverage preparation and storage equipment, and individual passenger inflight entertainment systems. In addition, BE provides a comprehensive range of upgrade, maintenance, and repair services for the passenger cabins of essentially every commercial aircraft type for airlines throughout the world. Incorporated in 1987, BE has acquired more than 35 businesses since that time, and has raised more than $2 billion in the equity and debt markets. BE is publicly traded on the NASDAQ under the symbol “BEAV.” From 1987 to 2002, Auriga and/or its principals served as BE’s financial advisors in developing its early acquisition strategy and completing many of its acquisitions. Auriga founder, Jim Cowart, served on BE’s Board of Directors for 22 years.

In September 2004, Clinical House Medtech GmbH (CHM), a company formed by Auriga Partners, and members of the management of Mathys Osteosynthese GmbH (MOS) acquired 100% of the capital stock of MOS from Mathys Medizinaltechnik AG (Mathys). MOS was the sales, marketing and distribution company responsible for all of Mathys’ sales of osteosynthesis products in the German market. MOS’s parent was being acquired by Synthes AG, the leading medical device manufacturer specializing in the development, manufacturing, and marketing of implants and instruments for surgical repair of traumatic injuries and degenerative conditions, including long bone, spine and cranio maxillofacial applications. The German Federal Cartel Office (BundesKartelampt) refused to approve the Synthes- Mathys merger until the sale of MOS was assured, which led to a complex 3 handed negotiation to complete the acquisition. The assets of CHM were sold in December 2008.

In 1992, Auriga acquired control of Micro-C Corporation, the world’s largest recycler of integrated circuits as a platform to develop the largest secondary products company in the electronic components and subsystems business. From 1992 to 1996, through both internal growth and two subsequent acquisitions, Aurora Electronics emerged as a leading provider of spare parts distribution services and electronics recycling and recovery services to computer manufacturers and field service providers. In 1996, the Company was acquired by Welsh, Carson, Anderson & Stowe, and, in 1998, Aurora was merged with another Welsh Carson company, Cerplex Group.

In 1999, Auriga acquired a supplier of aerospace and defense components as the first in a series of acquisitions calling for a consolidation of the aerospace components precision machining business. Subsequently, Qualpro completed two additional acquisitions, before being sold, in 2001, to Precision Components Group, a leading supplier of precision machining services in the semiconductor capital equipment industry.

In 1998, Auriga completed a recapitalization pursuant to which Auriga and a group of investors, including MassMutual, LaSalle National Bank, American Bankers Insurance Group, and Regent Capital, acquired a significant ownership interest in GoodSource Solutions (GSS). GSS is a leading re-marketer and distributor of secondary food products to niche and special application markets, such as the corrections industry, schools, relief organizations, and non-profit food banks. Secondary products consist primarily of merchandise available at discounted prices due to their status as excess, close-outs (product which is being discontinued), or seconds (product which is inferior in presentation, size, or general appearance). Auriga assisted the management team in implementing an acquisition plan in order to consolidate GSS’ market. GSS was sold to a new investor group in 2006.

In 1998, Auriga completed an acquisition and reorganization pursuant to which Accom (OTC: ACMM), in conjunction with Auriga, a private investor, and LaSalle Business Credit, acquired the assets of Scitex Digital Video, a business which was three times larger than Accom. Accom designs, manufactures, sells, and supports a complete line of digital video signal processing, editing, and disk recording tools, primarily for the professional worldwide video production, post production, and live broadcasting and computer video production and post-production marketplaces. Accom’s systems are designed to be used by video professionals to create, edit, and broadcast high quality video content such as television shows, commercials, news, music videos, and video games. Scitex Digital Video, the acquired entity is a leading supplier of digital video manipulation equipment and non-linear (i.e., non-sequential / random frame) video workstations used throughout the professional video and multimedia industry.

In 1997, Auriga and co-investors acquired Nitro Golf, a supplier of golf products. Nitro Golf is the world’s largest supplier of recycled golf balls. In addition, Nitro Golf manufactures and distributes new golf balls under the Nitro® brand name, which are targeted at the low- to mid-priced segment of the market. The Company receives, sorts, grades, refurbishes and sells approximately 40 million used golf balls annually. At the time, the used golf ball market was a $100 million per year domestic market compared to the $600 million per year new ball domestic market. The majority of the company’s employees work at one of Nitro Golf’s Florida-based facilities. Nitro was sold to Acushnet, the largest participant in the new ball market, in 2005.