Montana Silversmiths, a portfolio company of AAVIN, responded to the state of Montana's need for PPE in its healthcare system. Montana Silversmiths deployed its 3D printers to quickly develop critical facemasks for the state's communities.
Together with Konkordia Capital, AAVIN acquired the assets of Phoenix Loss Control, Inc., a claims recovery service focused on outside plant damage for the telecommunications, cable, and utilities industries.
SPI was targeted by a strategic acquirer after just under 3 years of growth under AAVIN ownership. We're eager to watch this terrific business continue to excel under new ownership.
AAVIN is a private equity fund based in the heart of the Midwest. We stay true to our roots by focusing on small, regionally-based opportunities. Specializing in late-stage and expansion-stage financings, we partner with strong management teams that seek long-term business growth, through internal growth or acquisitions. AAVIN is currently managing an $87 million SBIC fund, the group's 12th private fund and 7th SBIC license. Our focus is on lower-middle-market investment opportunities – companies seeking less than $10 million, with most requesting around $5 million.