Portfolio Companies

Piper Jaffray Merchant Banking

 

Status: All | Current | Exited

Industry: All | Business Services | Cleantech & Renewables | Consumer | Financial Technology | Healthcare | Technology

Sequence Group Status Company Industry Description Status
10 Legacy Portfolio (2008 - 2012) Exited Tornier Healthcare
Tornier N.V. develops orthopedic medical devices designed to restore function and return patients to an active and healthy lifestyle. The Company focuses on innovative products for the extremities, including shoulder, ankle, foot, hand and wrist products.

IPO
2011

20 Legacy Portfolio (2008 - 2012) Exited Salient Healthcare
Salient Surgical Technologies, Inc. develops and markets surgical products, based on its proprietary transcollation technology for the sealing of blood vessels and other collagen-based structures.


Acquired by



2011

30 Legacy Portfolio (2008 - 2012) Exited IDEV Healthcare
IDEV Technologies, Inc. develops innovative and highly differentiated products for use in the endovascular space. The Company has developed an industry leading system for treating blocked blood vessels (peripheral vascular disease) using a patent protected stent and delivery system.

Acquired by



2013

40 Legacy Portfolio (2008 - 2012) Exited Healthcare
BioHorizons, Inc. is a medical technology company focused on developing, manufacturing and marketing a broad line of innovative and evidence-based dental implants as well as biologics products for the replacement of missing teeth. The Company’s implant products feature its proprietary Laser-Lok platform technology, which minimizes bone and soft tissue loss.

Majority Interest Acquired by



2013

50 Legacy Portfolio (2008 - 2012) Exited Healthcare
Vidacare Corporation produces products that allow clinicians to access the interior of bones (the intraosseous space) and provide vascular access during patient trauma where IV therapy is challenged. The Company also produces products for accessing the bone via biopsy and aspiration for hematology / oncology (cancer) tests, drug delivery and spinal access for vertebroplasty and kyphoplasty procedures.

Acquired by



2013

60 Legacy Portfolio (2008 - 2012) Exited Technology
Aspen Aerogels, Inc. utilizes nanotechnology to develop, manufacture and market aerogel blanket products for thermal management and energy conservation. The Company serves various markets including oil & gas, building & construction and LNG shipping.

IPO
2014

70 Legacy Portfolio (2008 - 2012) Exited Cleantech & Renewables
Ecore International, Inc. is the largest manufacturer of recycled rubber products in North America. The Company offers products for commercial flooring, performance flooring, playground safety surfacing, land securement, synthetic turf systems and impact sound underlayments.

Position Redeemed 2015
80 Legacy Portfolio (2008 - 2012) Exited Healthcare
TEI Biosciences, Inc. and TEI Medical, Inc. are leading biomedical companies that have applied their expertise in regenerative medicine to develop and commercialize novel biologic products for a broad spectrum of soft tissue repair, regeneration and reinforcement applications–from plastic and reconstructive surgery to dura, tendon and hernia repair and wound management.

Acquired by



2015
90 Legacy Portfolio (2008 - 2012) Current Technology
PerfectServe is a Software-as-a-Service (“SaaS”) company specializing in hospital and medical practice efficiency. The Company has created and markets a rules engine that efficiently manages calls and messages to and from physicians and physician groups, increasing productivity and minimizing the risks associated with lagged or failed communications. PerfectServe has recently introduced a unified communication system called Synchrony which connects all care providers in the hospital setting.

Portfolio Company
100 Legacy Portfolio (2008 - 2012) Current Consumer
Living Proof, Inc. is a technology-driven beauty company which participates in the hair care market selling various types of shampoo, hair cream, aerosols and mousses. The Company utilizes patented technology developed by the Langer Labs at MIT.

Portfolio Company
110 Legacy Portfolio (2008 - 2012) Current Consumer
StriVectin Operating Company, Inc. is one of the largest independent skin care brands in the industry and focuses on developing and marketing prestige products within the anti-aging segment. StriVectin is distributed through high-end and specialty retailers, as well as through Costco. Niadyne is a cosmetic skin care company, providing treatment and prevention of skin damage through a patented technology. Niadyne’s products are sold at leading dermatologist offices and select medical spas.

Portfolio Company
120 Piper Jaffray Merchant Banking Fund I, L.P. (2012 - 2016) Exited Technology
Sport Ngin, Inc. provides web and mobile-based software solutions for youth and amateur sports organizations. The Company has organization-level website, member management and registration products that help sports organizations manage, communicate and transact with a range of stakeholders, including athletes, parents, administrators, coaches, referees, scouts, volunteers, fans, journalists and sponsors. The Company also offers team and tournament management products and usage-based products such as background check and hotel bookings software.

Majority Interest Acquired by



2016
130 Piper Jaffray Merchant Banking Fund I, L.P. (2012 - 2016) Current Technology
LogRhythm, Inc. is a leading provider of unified security intelligence and analytics solutions, empowering the world’s organizations to automate the detection, prioritization and neutralization of cyber-threats that have penetrated the enterprise perimeter or originated from within. The Company’s software platform, which sits at the intersection of advanced cyber-security and Big Data analytics, is designed to significantly reduce the time required to detect and respond to threats, enabling organizations to neutralize threats before they cause a damaging cyber-incident or data breach. The platform is designed to be the foundation of an organization’s next-generation security operations center.

Portfolio Company
140 Piper Jaffray Merchant Banking Fund I, L.P. (2012 - 2016) Current Healthcare
MDX Medical, Inc. (d/b/a Vitals) addresses the enterprise and consumer markets with a full suite of data-driven, online decision support solutions that enable healthcare consumers to search for healthcare providers, understand the cost of healthcare services and engage with an increasingly complex healthcare system. Vitals’ enterprise suite includes a complete cost transparency platform and SmartShopper, which incentivizes patients to choose high-quality, lower-cost providers. The Company’s consumer business monetizes its deep data set and web traffic through targeted advertising opportunities sold to pharmaceutical companies and other healthcare market vendors.

Portfolio Company
150 Piper Jaffray Merchant Banking Fund I, L.P. (2012 - 2016) Current Business Services
MicroStar Logistics is the leading provider of comprehensive keg management services to the U.S. craft beer industry. MicroStar owns the largest independent keg fleet in the U.S., managing a pool of more than 2 million kegs and providing the corresponding keg logistics needs for over 200 craft brewers. MicroStar’s unique program offers customers a compelling value proposition by enabling them to avoid the investment needed to acquire and maintain an internal keg fleet and the burden of managing the reverse logistics of empty kegs, while benefiting from the efficiency of a shared asset model.

Portfolio Company
160 Piper Jaffray Merchant Banking Fund I, L.P. (2012 - 2016) Current Business Services
Brainyak, Inc. (d/b/a GutCheck) is a leader in agile market research, providing qualitative and quantitative market research services for leading consumer marketing businesses. The Company’s agile market research solution enables its clients to efficiently explore market sentiment towards new products and advertising concepts, and to better understand shopper behavior in-store. GutCheck’s agile market research process is highly efficient and iterative, enabling researchers to rapidly recruit high-quality panelists online, conduct qualitative and quantitative research with these panels and report on such research to its customers. GutCheck is able to supply consumer market research in a fraction of the time and expense as compared to traditional research services.

Portfolio Company
170 Piper Jaffray Merchant Banking Fund I, L.P. (2012 - 2016) Current Healthcare
Torax Medical, Inc. develops and markets devices to restore human sphincter function. Its technology platform, Magnetic Sphincter Augmentation (MSA), uses attraction forces to augment weak or defective sphincter muscles to treat gastroesophageal reflux disease (GERD) and fecal incontinence (FI).

Portfolio Company
180 Piper Jaffray Merchant Banking Fund I, L.P. (2012 - 2016) Current Technology
Lattice Engines, Inc. is a leader in predictive marketing and sales solutions, offering Software-as-a-Service business applications that help companies market and sell more intelligently. Lattice’s cloud-based predictive marketing applications help businesses improve conversion rates at multiple stages of the customer acquisition funnel. In addition, the Company offers solutions which assist its clients in engaging existing customers with the goal of renewing customer contracts, upselling and cross-selling.

Portfolio Company
190 Piper Jaffray Merchant Banking Fund I, L.P. (2012 - 2016) Current Cleantech & Renewables
Harvest Power, Inc. is an end-to-end manager of organic waste material in North America. Harvest develops, builds, owns and operates facilities that process organic waste to produce soil enhancement products and renewable energy. The Harvest business model generates revenues from processing organic wastes (tipping fees), consumer and bulk market product sales and energy production.

Portfolio Company
200 Piper Jaffray Merchant Banking Fund I, L.P. (2012 - 2016) Current Financial Technology
StoneEagle Services, Inc. provides a patented virtual card payment platform (“VPay”) that streamlines claims payments for payers and service providers across verticals such as healthcare and auto insurance. The Company’s main product is the virtual card, an electronic card number that is transmitted to service providers to pay for medical and other claims-related services. The virtual card displaces less technologically-focused payment methods such as automatic clearing house and checks. Virtual cards provide multiple benefits for both payers and providers and constitute one of the fastest growing segments of the payments business.

Portfolio Company
210 Piper Jaffray Merchant Banking Fund I, L.P. (2012 - 2016) Current Healthcare
OrthoAccel Technologies, Inc., a medical device company, has developed and markets a device which accelerates orthodontic treatments using mechanical pulsation. AcceleDent Aura generates pulsation forces that are applied to teeth via a mouthpiece. The Company has found that coupling the static forces applied by braces or clear aligner orthodontic treatments with auxiliary pulsating forces accelerates the rate of tooth movement by as much as 50% with just 20 minutes of daily use. Patients have also experienced reduced discomfort arising from orthodontic treatments when using the Company's product. In addition to clinical benefits for patients, practitioners have found AcceleDent can improve practice economics by reducing patient visits, reducing treatment time and increasing practice profitability.

Portfolio Company