| | | Prior Investments |
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| |  | Automated Healthcare
Automated Healthcare is a Pittsburgh-based firm that manufactures and markets pharmacy automation systems that help health care institutions reengineer their medication-use process to increase cost savings and enhance the quality of care. The Company was acquired by McKesson Corporation in 1997 and was renamed McKesson Pharmacy Automation. |
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| |  | Clearwater, FL CCS Medical is a disease management platform that provides direct-to-consumer mail-order diabetic, respiratory, and ostomy supplies to patients in the Unites States and Puerto Rico. |
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| |  | Continental Waste Industries, Inc. Continental Waste Industries Inc. went public in November 1994 and, prior to its acquisition by Republic Industries Inc. (a predecessor company of Republic Services Inc. - Nyse: RSG) in 1996, provided integrated waste management services to more than 175,000 residential, commercial, and industrial customers in concentrated, regional markets mainly in the midwestern and midsouthern United States. |
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| |  | Cosmed's services include sterilization of medical devices, cosmetics, pharmaceuticals, and food. The company also offers fumigation treatment of fruits and vegetables. Cosmed built on an initial expertise in 100% ethylene oxide gas-based sterilization technology and now offers an array of sterilization services. The company currently has eight plants and more than 150 employees. In November 2004 Cosmed was acquired by Steris Isomedic Services, a leading provider of contract sterilization services to medical device manufactures. |
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| |  | CrossMedia Services, Inc. CrossMedia Services is a leading provider of Web-based marketing solutions for national and local retailers. Through its award-winning SmartCircular and SmartCatalog services, CrossMedia transforms traditional print-based retail promotions (such as sales circulars, catalogs, run-of-press ads, direct mail, etc.) into compelling search-based interactive formats. CrossMedia's clients include many leading national retailers. In May 2004, CrossMedia was acquired by a joint venture of Gannet, Knight Ridder, and Tribune, three preeminent national newspaper companies. |
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| |  | Data Critical Corp. provided wireless telemedicine solutions using paging networks. The company's family of products included a portable trans-telephonic ECG receiving and reporting system and a computerized graphic wireless receiver for patient-monitoring systems. Data Critical was acquired by GE Healthcare in 2001. |
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| |  | Dynamic Healthcare Technologies, Inc. Dynamic Healthcare Technologies was a leading provider of mission critical health care information systems for clinical services departments and facilities. It developed, marketed, and supported a broad line of image-, voice-, and web-enabled information systems solutions for anatomic pathology, radiology, laboratory, surgery, and health information management. DHTI's information systems were installed in more than 650 customer locations across the U.S. and Canada. DHTI became publicly traded on Nasdaq prior to its acquisition by Cerner Corp. (Nasdaq: CERN) in 2001. |
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| |  | Eastern Environmental Services, Inc. Eastern Environmental was a regional solid waste management company, based in Florida. The company was acquired by Waste Management (NYSE:WMI). |
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| |  | F.Y.I. Inc (now Sourcecorp) Sourcecorp Inc. (Nasdaq: SRCP, formerly F.Y.I. Inc.) is a leading, national, single-source provider of document and information outsourcing solutions. The company serves clients in information-intensive industries such as healthcare, law, banking, insurance, and government. |
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| |  | Hunt Valley, MD FutureHealth provides disease, case and utilization management designed to identify and effectively manage high-risk and non-compliant health plan members, resulting in more appropriate and less costly medical utilization. These services and products are particularly valuable to employers assuming the financial risk for healthcare services. Over the last decade, FutureHealth has developed a unique set of skills, processes and capabilities that have enabled it to reduce its clients' levels of overall inappropriate medical utilization. At the same time, it has been able to improve the overall quality of patient care within its clients' populations. Currently, FutureHealth provides its services to more than 250 clients with more than 650,000 covered lives. |
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| |  | GreatFood.com was an electronic commerce company focused on the sale of gourmet and specialty food over the Internet to the retail, corporate gift and wholesale markets. The company offers a broad selection of high quality branded specialty food products which appeal to a wide range of customers for special occasions, parties and gifts. Its product offering includes specialty and gourmet food such as chocolates, caviar, prime beef, fancy fruit, and lobster dinners. The company was acquired by 1-800-FLOWERS.com (NASDAQ:FLWS) in 1999. |
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| |  | ImageCafe.com was a website superstore selling pre-created, semi-custom, professionally designed Websites for image-conscious small business owners seeking a professional looking Web presence without the high costs associated with hiring a Website design firm. It also offered content management tools enabling purchasers to easily customize and update the content (pictures and text) without the user having to know HTML or FTP. The company was acquired by Network Solutions (NASDAQ:NSOL) in 1999. |
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| |  | KTI Inc. was an integrated waste management business providing waste handling and disposal services for non-hazardous solid waste from residential, commercial, and industrial sources. The company managed four business lines: 1) waste-to-energy; 2) residential recycling; 3) commercial recycling; and 4) franchised products. KTI merged with Casella Waste Systems Inc. (NASDAQ: CWST) in December 1999.
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| |  | National Recovery Systems, Inc. National Recovery Systems Inc. specialized in blending, agglomerating, and recycling waste materials and by-products for heavy industry. NRS used its proprietary binder technology to manufacture a briquette, comprised primarily of steel-mill waste, that is suitable for recharging back into the steel-making process. The company owned and operated National Briquette Corp., which processed blended and packaged products and high-volume by-products for both integrated and mini-mills. The company also owned and operated on-site waste-recycling/agglomerating facilities at three integrated steel mills in East Chicago, Detroit, and Pittsburgh. Brambles Industries acquired NRS in 2000. |
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| |  | netBOA (formerly Cobra Administrative Services Inc.) outsourced COBRA benefits administration, HIPAA (Health Insurance Portability and Accountability Act) administration, and retiree benefits transaction processing for large corporations. The company distinguished itself by offering more custom service than most of its competitors. Its clients included a large airline, utilities, and a regional telephone company. netBOA was acquired by Automatic Data Processing Inc.'s Major Accounts Services (NYSE: ADP) in January 2000. |
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| |  | NuCO2 is the largest and only nationwide provider of bulk CO2 products and services for the U.S. foodservice and hospitality industry. With service locations within reach of virtually all of the fountain beverage users in the Continental U.S., NuCO2's experienced professionals comprise the largest network of sales and support specialists in the industry; serving national restaurant chains, convenience stores, theme parks and sports and entertainment complexes, among others. NuCO2 employs over 600 individuals, and has over 100 locations servicing approximately 100,000 bulk and high pressure customers across the U.S. |
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| |  | Omnipoint Corporation (now T-Mobile) Omnipoint Corporation was a leader in commercializing PCS and a leading developer and supplier of wireless communication technologies. As a pioneer in the industry, Omnipoint was at the forefront of developing advanced wireless technologies including GSM, GPRS packet data, EDGE, positioning, and Internet access. Omnipoint was the fourth-largest PCS licensee in the United States based on pops, having had licenses to serve areas covering nearly 100 million people in the eastern half of the United States. Omnipoint was acquired by VoiceStream Wireless Corporation in 2000. VoiceStream was subsequently acquired by Deutsche Telekom (NYSE: DT), now T-Mobile.
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| |  | Security Dynamics (now RSA Security) RSA Security (Nasdaq: RSAS) manufactures and markets products to protect and manage access to computer-based information resources. It is also the leading provider of public key encryption toolkits. |
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| |  | Serrot International Inc. manufactured and installed synthetic geomembrane lining systems. Its largest market was the solid waste landfill industry. Liners prevent the flow of leachate off the site and control the migration of methane from the landfill. Serrot was acquired by Waste Management Inc. (Nyse: WMI) in 1999. |
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| |  | Specialty Healthcare Managemnet, Inc. Specialty healthcare was a leading provider of behavioral and physical rehabilitation clinical services within the acute care hospitals. Argentum provided the equity capital to support a management buy-out of this division of national Medical Enterprises (now Tenet). After operating successfully as an independent company for 2.5 years, the company was acquired by industry leader, Horizon Health Corporation, in a transaction that generated over a 4-fold return. |
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| |  | SPI Manufacturing was the largest designer, manufacturer and wholesaler of commercial and light industrial modular building structures. In 1998, the company merged with Modtech Holdings Inc. (Nasdaq: MODT), the largest manufacturer of modular, relocatable classrooms.
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| |  | TCI Solutions provides software solutions and services that enable in-store automation of inventory tracking, accounting, and other functions to help retailers improve operational efficiency. TCI's software solutions were installed at more than 14,000 locations world-wide. They integrate workforce, financial, and customer information at both the headquarter and individual store levels. In 2005, TCI was acquired by Retalix Ltd. (Nasdaq: RTLX), a provider of enterprise-wide software solutions for the global food and fuel retail industries.
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| |  | Seattle, WA The Cobalt Group (NASDAQ:CBLT) is a leading provider of Internet-based marketing systems, software and services for auto dealers. Cobalt has developed a completely integrated package of technology products and services for auto dealers. It offers a comprehensive Website development service for auto manufacturers and a more complete management systems including Website development, inventory data extraction and publishing, traffic monitoring, on-line and classified ads and customer communication (e-mail) modules for auto dealerships. |
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| |  | TRADEX developed and market a suite of JAVA-based applications designed to automate the enterprise procurement process for non-production maintenance, repair and operations (MRO) goods and services. It also provided the platform that powered then the world's leading digital marketplaces, which were designed to enable multiple buyers and sellers to exchange goods, services and information in online trading communities.The Company also developed a suite of market-making and seller-oriented e-commerce applications for business-to-business commerce. The company was acquired by Ariba (NASDAQ:ARBA) in March 2000. |
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| |  | TransCore provides technology-based services and products that enable its customers to efficiently manage ground transportation systems, assets, and transactions. Its offerings fall into three areas. TransCore provides transaction-based systems and services for mobile payment such as toll collection systems. TransCore is in the field of intelligent transportation systems (ITS) and provides traffic management systems and services throughout the world. TransCore specializes in a comprehensive suite of commercial offerings including North America's leading electronic freight exchange, fleet financial services, operations management, asset tracking, and regulatory compliance reporting. TransCore was acquired by Roper Industries (NYSE: ROP) in December 2004. |
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| |  | Tut Systems Inc. (Nasdaq: TUTS) is a leader in high-speed data connectivity over public and private copper wire. Tut Systems provides reliable, low-cost, high-speed data connectivity solutions for LAN extension, xDSL Internet access, and home networking. |
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| |  | USA Waste Services (now Waste Management) USA Waste Services, which acquired Waste Management in a transaction valued at $13.5 billion and changed its name to Waste Management, Inc. (NYSE: WMI), became the largest solid waste management company in the world. Argentum's investment in USA Waste Services came through Envirofil Inc., a solid waste management firm that merged with USA Waste. |
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| |  | VPNet Inc. designed, developed, and marketed solutions that allowed corporations to cost-effectively use virtual private networks while preserving network and application scalability, performance, and security. The company specialized in dedicated hardware network security products that performed at high-speed levels not attainable in software-only solutions. VPNet was acquired by Avaya Inc. (NYSE: AV) in February 2000. |
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| |  | White Cap, with 42 branch locations throughout the Western U.S. as of March 2000, is the largest domestic specialty supplier of tools and materials to industrial and commercial construction contractors. White Cap provides one-stop, high service solution to large professional contractors that demand a high service component from their supplier relationships. These services include expert technical advice (on and off the job site) during planning and construction, high order fill rates and innovative products that benefit the construction process and simplify the ordering, tracking and administration of their projects. |
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| |  | Zemex (NYSE:ZMX) is a producer of industrial minerals, specialty materials and metal powders and, through its Alumitech division, reprocesses aluminum drosses with patented zero discharge technology. Zemex operates facilities across the United States and Canada. Its products are used in a variety of commercial applications and are sold throughout the United States, Canada and Europe.
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| |  | The Zond Group->GE Wind Energy is a leader in the wind-powered energy-generating industry. GE Wind Energy develops and constructs wind-powered electric generating facilities both for itself and for sale to utilities and independent power producers. The company also operates and manages its own wind power projects and those sold to others. Argentum invested in the predecessor company of GE Wind Energy, Zond Group Inc., which was purchased by EREC in 1996 and was subsequently acquired by GE Wind Energy.
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