SLEEPMED, INC. Mass. Capital is pleased to announce a new investment in SleepMed Inc., a privately held company headquartered in Peabody, MA and Columbia, SC.  SleepMed is the largest private sleep diagnostics and ambulatory EEG provider in the nation with hundreds of hospital-based, physician-based and freestanding sites.  Nearly 100,000 sleep studies and over 25,000 days of ambulatory EEG testing are performed each year.  Mass. Capital’s subordinated debt investment was done in conjunction with a new senior debt facility from J.P. [...]

MASS. CAPITAL IS PLEASED TO ANNOUNCE A NEW INVESTMENT IN STEFFIAN BRADLEY ARCHITECTS (SBA). SBA WAS FOUNDED IN BOSTON IN 1932 AND TODAY IS A WORLDWIDE AWARD-WINNING ARCHITECTURAL FIRM WITH A SPECIAL EMPHASIS ON HEALTHCARE AND ACADEMIC ARCHITECTURE. THE COMPANY HAS CAPABILITIES ACROSS ALL ASPECTS OF PROJECTS, FROM FRONT-END STRATEGIC PLANNING, TO DESIGN AND PLAN, TO CONSTRUCTION MANAGEMENT. DESIGN WORK IS DONE ON BOTH INTERIORS AND EXTERIORS. THE COMPANY CURRENTLY HAS OFFICES IN BOSTON, ENFIELD, CONNECTICUT, THE UNITED KINGDOM AND CHINA. PROCEEDS FROM THE FINANCING [...]

Mass. Capital is pleased to announce a new investment in Polar Corporation. Polar, founded in 1882, is the largest privately owned, independent soft drink bottler in the United States.  Polar produces 65 different types of beverages, including traditional flavored drinks, seltzers, diets, spring water and an assortment of new age beverages.  Polar’s  business segments include the Company’s proprietary Polar and Adirondack brands, private label brands, national franchise brands including A&W Root Beer, Sunkist and 7-UP and new age brands such [...]

MAGNEMOTION, INC. MCRC is pleased to announce a new investment in portfolio company MagneMotion, Inc.  Mass. Capital participated in a financing with Delta Electronics and individual investors.  Headquartered in Devens, MagneMotion provides Linear Synchronous Motors (LSM) and advanced transport solutions for high performance assembly, process, test and manufacturing automation.  MagneMotion’s LSM products are used to create faster, more efficient, and more reliable automation solutions than conventional systems.  The LSM technology is embodied in the Company’s QuickStick and MagneMover LITE product [...]

MCRC is pleased to announce a new investment in Micorp LLC, a privately held company headquartered in Auburn, MA. Founded in 1988, Micorp is a value-added distributor and installer of automotive electronics and trim options to new and used car dealerships in the New England area. Products include electronic and interior features such as remote car starters, vehicle tracking and recovery systems, navigation systems, back-up cameras, leather seats and trim, moon/sun roofs and video systems. Mass. Capital provided Micorp with [...]

Mass. Capital is pleased to announce a new investment in HighRoads, Inc., a privately-held, Woburn-based company.HighRoads offers a complete suite of services for Benefit Supply Chain Management.HighRoads aggregates HR program information into a central repository, automating the procurement, renewal, SPD and vendor management processes for FORTUNE 500 employers.Highroads clients include Staples, Boeing Corporation, General Dynamics and Pitney Bowes.With HighRoads’ technology-enabled consulting, employers have online access to benefit plan information and pricing, competitive benchmarks, and complete benefit supply chain management.The world’s [...]

Mass. Capital is pleased to announce a new investment in Quadrant Software, Inc. Boston-based Candescent Partners led an acquisition transaction to acquire the business from its founders. Mass. Capital participated with co-investors Candescent, Harbert Mezzanine Capital, Bush O’Donnell Capital Partners, and Brooke Private Equity Associates. Quadrant Software, headquartered in Mansfield, MA, is a leading provider of electronic document management software primarily for the IBM iSeries.Quadrant’s two primary products, FastFax and Formtastic, enable end-users to manage “revenue critical” documents such as [...]

Mass. Capital is pleased to announce that its portfolio company Innov-X Systems Inc. was acquired by Olympus NDT, a world leader in nondestructive testing (NDT) and related inspection technologies, on July 2, 2010.  Innov-X is a leading manufacturer of portable X-ray fluorescence (XRF) analytical instruments based in Woburn.  Innov-X Systems instruments provide real-time, nondestructive material analysis in applications ranging from metal sorting, lead paint detection, and alloy verification to analysis of oil, fluids, and minerals.  The addition of X-ray fluorescence [...]

The company, previously known as ADE Technologies, Inc., a subsidiary of KLA-Tencor Corporation, designs, manufactures and sells ultra-high precision instruments including precision capacitive position sensors and magnetic metrology instruments and capital equipment for state-of-the-art magnetic measurement.  Founded in 1967 by Robert C. Abbe, the capacitive sensor business was originally a part of ADE Corporation, a former MCRC portfolio company.  ADE was renowned for its visionary and novel approaches to high resolution, non-contact measurement for demanding dimensional gaging applications.  High resolution [...]