We invest in profitable companies with strong niche positions within their industries. We are particularly interested in privately-owned companies in need of an ownership transition and divisions of larger companies that no longer fit their parent company's strategic direction.
Asset Recovery Corp. provides end-of-life solutions for computer and electronic equipment. The company offers comprehensive value recovery programs, in addition to managing the environmental, security and legal risks associated with technology disposal.
- Location: St. Paul, MN.
- Investment: October 2006
- Seller(s)/Deal Dynamic: Rockwood backed an operator to acquire the company from three owner-operators, each of which stayed with the business for a multi-year transition
- Industries Served: Business / Government / Education / Healthcare / Financial Services
- Outside Directors:
- Art Monaghan - Co-founder of Granite Equity Partners, a Minnesota-based private equity firm
- Rich Kelley - Co-founder of Search Fund Partners, a California-based private investment firm
- Frank Young - Partner at Sverica International, a private investment firm; former CEO of PsPrint, a specialty printing company
- Website: http://www.assetrecoverycorp.com