This sponsor

Independent sponsorVerified sponsor· Pittsburgh, PA
Observed deals
2
Principals
6
Latest deal
Feb 2023
As of · the mandate; 13 observations on record

The sponsor's name, 6 additional people, 24 additional deals and portfolio companies, 2 verified contacts (1 email, 1 phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Who they are
this sponsor, PA · 12 people named
What they buy (claimed)
EBITDA $4M to $10M
control, recap
As the firm states it, not checked against its deals.
What they have done
2 observed deals · latest Feb 2023
2 platforms
Manufacturing
too few deals to say (2 on record)
Portfolio
Who finances them
No financing observed on their deals yet.
Who to call
a named professional
Reveal a line (email and direct phone on record)
Latest: Deal, Feb 2023
Key people
12 people · 10 with a confirmed email · 4 with a direct phone

ranked by who matters most in a conversation with this firm

  • Managing Partner
    Investment

    Named on 1 transaction in DFX.

    • Confirmed professional email available
    • Direct professional line available
  • Vice-President, Investments
    Investment

    Vice-President, Investments, on the investment team

    • Confirmed professional email available
    • Direct professional line available
  • Founder & CEO

    Founder & CEO, the firm's investment decision-maker

  • President & CEO

    President & CEO, the firm's investment decision-maker

  • Partner
    Investment

    Named on 1 transaction in DFX.

    • Confirmed professional email available
    • Direct professional line available

7 more on the team, named with the product. See plans

10 confirmed professional emails and 4 direct lines for the people at this firm

Each one published by the firm or verified, never a guessed pattern, with the page it came from.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Why this kind
  • for: 2 announced transactions as buyer
What they claim, and what they have done
Observed
  • 2 platform or control deals, Dec 1, 2021 to Feb 8, 2023
  • 0 add-ons bought by its portfolio companies
  • 0 recapitalizations, 0 minority stakes
  • Platform targets by state: KS 1, UT 1
Claimed on its own website
  • EBITDA: $4M to $10M
  • Geography (unaudited quote): Mountain west
  • Control (unaudited quote): yes
Portfolio, as listed on the firm's site (1)
  • AGS
    Automotive aftermarket product manufacturer
The firm's own listing, not an observed transaction: no date, structure or counterparty is claimed.
What the filings and deals add up to
Sectors transacted
Industrial manufacturing (2)
Factvertical of the acquired targets· 85%· DFX's own graph
How do we know

Verified sponsor. Evidence identifies a firm: a publisher named it as the buyer in an announced transaction, a law firm or capital partner page names it as an independent sponsor, or its own site says so.

Nothing on this page comes from a website claim unless it is labelled as such with the URL.

Who has financed them

No capital provider has been observed financing this sponsor in an announcement yet.

Service provider relationships

2 more facts and signals are on record for this page. They name the firms involved and open with Independent Sponsor Intelligence.

Accounting and QoE (1)
  • BDO1 observed engagement
    Financial due diligence. Most recent deal, Dec 1, 2021 BDO USA
Tax (1)
  • BDO1 observed engagement
    Tax advisor. Most recent deal, Dec 1, 2021 BDO USA
Investment banking (1)
Who finances deals like theirs
The most recent deal of theirs we could classify by sector closed Feb 8, 2023, outside the two-year window this list reads.

Read from the sectors this firm has actually bought in: manufacturing (2).

What have they done
Platform and control deals (2)
  1. Feb 8, 2023Platform acquisitionconfidence 80%
    this sponsor acquired Magnum Systems, Inc. (Parsons, KS)
    Deal team: 1 firm · DFX analyst research (General-assisted, every claim URL-cited) eagadv.com
  2. Dec 1, 2021Platform acquisitionconfidence 80%
    this sponsor acquired Blue Chip Group, Inc. (Salt Lake City, UT)
    Deal team: 1 firm · DFX analyst research (General-assisted, every claim URL-cited) no URL
No vehicles linked.
What appears to be their current activity

No vehicle filed in the last 12 months.

Principals, from the firm's own site
  • a named professionalVice-President, Investments
  • a named professionalPartner
  • a named professionalPartner
Team, as the firm lists it
  • Dr. Shishir ShahOperating Partner
  • Pat MarsoOperating Partner
  • Kevin HornerOperating Partner
Who to call
the organisation, the role and the published line, with the filing or website that published it; revealed to signed-in accounts
The firm's published line
Revealable: 1 website (sponsor website), 1 work email (sponsor website), 1 contact form (sponsor website) · as of 2026-09-17
  • a named professional
    Partner · Revealable: 1 business phone (the firm's own page), 1 professional profile (the firm's own page), 1 work email (the firm's own page)
  • a named professional
    Partner · Revealable: 1 business phone (the firm's own page), 1 professional profile (the firm's own page), 1 work email (the firm's own page)
  • Dr. Shishir Shah
    Operating Partner · Revealable: 1 professional profile (the firm's own page), 1 work email (the firm's own page)
  • Kevin Horner
    Operating Partner · Revealable: 1 professional profile (the firm's own page), 1 work email (the firm's own page)
  • Pat Marso
    Operating Partner · Revealable: 1 professional profile (the firm's own page), 1 work email (the firm's own page)
  • a named professional
    Vice-President, Investments · Revealable: 1 business phone (the firm's own page), 1 professional profile (the firm's own page), 1 work email (the firm's own page)

Who to call is the organisation, the person's role and the line they published themselves: a business phone, office address, website or profile link from Form ADV, Form 13F or their own website, with that source named on every value. The counts above are what a reveal returns; a personal email is rarely published, so most reveals are the firm's line. Never data bought from a provider, never anything personal. Reveals by plan

Portfolio companies (2)
Evidence
FactValueClassSource
Entity kindIndependent sponsor firmFactSBIA Independent Sponsor Forum roster sbia.org
Entity kindIndependent sponsor firmInferenceDFX model output (scores, estimates, matches) no URL
Entity kindUnknown investment entityInferenceDFX model output (scores, estimates, matches) no URL
MandateEBITDA $4M to $10MInferenceDFX model output (scores, estimates, matches) no URL
MandateEBITDA $4M to $10MInferenceDFX model output (scores, estimates, matches) no URL
Sponsor classificationIndependent sponsor firmFactSBIA Independent Sponsor Forum roster sbia.org

1 further observations are on the record behind these, each with its own source and date. Ask and we will send the lot.

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