UIH acquired CMS, a marine construction company based in the Hampton Roads region. AAVIN provided preferred and common equity for the transaction.
HH sold a portion of its business and used the proceeds to pay off AAVIN. We were thrilled to be a part of the HH journey and are excited to watch the business grow in the future.
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.
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.