BNET Industries
Last Fiscal Year Sales:$37.5M
- Private
- US
Dow Jones Description
The ComVest Group is a leading private investment firm focused on providing debt and equity solutions to middle-market companies with enterprise values of less than $250 million. Since 1988 ComVest has invested more than $2 billion of capital in over 200 public and private companies World wide. Through our extensive financial resources and broad network of industry experts, we are able to offer our companies total financial sponsorship, critical strategic support, and business development assistance. We seek to invest $5-50 million of debt or equity into healthy or distressed companies. Our operational background is a distinguishing factor giving ComVest the clear edge in generating superior returns in an increasingly competitive market place. Our partnership is made up of seasoned, senior level executives from a variety of multi-billion dollar public and private companies. We are industry agnostic but have specific expertise in Healthcare, Industrial & Manufacturing, Technology & Communications, Transportation and Consumer Products. In each situation however, our overarching focus is centered on Building Industry Leading Companies and Creating Long Term Value for Equity Holders.
CEO & President
Robert A O'SullivanNumber of Employees 174
Peer Companies
NAICS Code Computer and Software Stores: 443120
News & Analysis
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comvest investment partners llc - All News and Analysis
NationsHealth Enters Into a Definitive Merger Agreement to be Acquired by ComVest Investment Partners III
SUNRISE, Fla. -- NationsHealth, Inc. (â??NationsHealthâ??) (OTCBB:NHRXE), announced today that it has entered into a definitive merger agreement pursuant to which NationsHealth shall be acquired and taken private by...
Pipeline Data Completes Financial Restructuring, Change of Control and $15 Million Equity Investment
QUINCY, Mass. -- Pipeline Data Inc.(OTCBB:PPDA), a provider of payment processing solutions and services, announced that on February 17, 2009 it completed restructuring agreements with its convertible noteholders, as well as with the holders of a $16 million put claim against the Company. The transaction was led by The ComVest...
Chasing the small deals: with investments as small as $5 million, private equity firm ComVest Group targets mid-cap companies in need of financing or management expertise
WHEN LOW-BUDGET AIRLINE Allegiant Air wanted to expand two years ago, it couldn't find a bank for a $25 million loan. Instead, as many small and mid-sized companies are doing these days, it turned to a private equity firm, in this case West Palm Beach-based The ComVest Group. [ILLUSTRATION...
IT&E International Receives $10 Million Equity Financing Led By ComVest Investment Partners; Closes Acquisition of Millennix A Full Service Contract Research Organization ; Repays $5 Million in Debt
SAN DIEGO -- In graph 3 and at the end of the "About Millennix" graph, the URL http://www.millennix-inc.com had been misspelled with only one "n." The corrected release reads: IT&E INTERNATIONAL RECEIVES $10 MILLION EQUITY FINANCING LED BY COMVEST INVESTMENT PARTNERS Closes Acquisition of Millennix A Full...
Dublin, Ohio, CD-ROM Maker Files for Bankruptcy.
By Mike Pramik, The Columbus Dispatch, Ohio Knight Ridder/Tribune Business News Oct. 21--Metatec Inc., the Dublin CD-ROM maker established by the co-founder of CompuServe, has declared bankruptcy and plans to sell its assets to a New York turnaround specialist. MTI...
Metatec Files for Reorganization Under Chapter 11 and Seeks Approval of Asset Purchase Agreement With a Subsidiary of ComVest Investment Partners
DVD News 10-21-2003 Metatec Files for Reorganization Under Chapter 11 and Seeks Approval of Asset Purchase Agreement With a Subsidiary of ComVest Investment Partners DVD NEWS-21 October 2003-Metatec Files for Reorganization Under Chapter 11 and Seeks Approval of Asset Purchase Agreement...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Robert A O'Sullivan | CEO & President |
| Cecilio Rodriguez | Chief Financial Officer |
| Joseph J. Pallotta | Coo & Cco |
| C Scott Shedd | Senior Vice President |
| Eduardo Sanchez | Senior Vice President |
| Michele Golden | Senior Vice President |
| Daniel K Nenadovic | Vice President |
| Perry L Green | Vice President |
| Robert Melman | Vice President |
| Inder Tallur | Senior Managing Director & Financial Operations Principal |
| Keith M Rosenbloom | Partner |
| Larry Lenig | Senior Partner |
| Mark O Lama | Senior Partner |
| Michael S. Falk | Managing Partner |
| Robert L. Priddy | Managing Partner |
| Geoffrey D Alexander | Director, New Business Development |
| Erich Engelhardt | Financial Operations Principal & Controller |
| Thomas W Downey | Controller |
| Chris Muneio | Analyst |
| Paul Hlavaty | Associate |
| Stephen Bronfman Lande | Associate |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| William G Walters | Chairman |
| Edmund Shea | Advisory Board Member |
| Johannes Schoeter | Advisory Board Member |
| Nasser J Kazeminy | Advisory Board Member |
| Pete Kight | Advisory Board Member |
| Robert H. Lessin | Advisory Board Member |
| Sir Charles Beech Gordon Masefield | Advisory Board Member |
Mr. O'Sullivan is currently the Chief Executive Officer and President of Commonwealth Associates Investment Bank, and oversees all the activities of the firm. His responsibilities include raising capital for transactions and executing private placements for public companies. Since joining Commonwealth in 1992, he has focused on key client relationships and institutional co-investment, raising capital for ComVest Ventures, ComVest Opportunity Fund, ComVest Investment Partners II, and over 100 individual companies, as well as managing the assets of Commonwealth's Partners. In addition he has actively participated on the boards of directors of a number of Commonwealth's portfolio companies. Mr. O'Sullivan graduated with a bachelor's degree with honors from London University, attending King's College and the London School of Economics. He is also licensed as a series 7, 24, and 63.
| Organization | Position | Status |
|---|---|---|
| Comvest Investment Partners LLC | CEO & President | Current |
| Organization | Position | Status |
|---|---|---|
| Comvest Investment Partners LLC | Chief Financial Officer | Current |
| Commonwealth Associates Group Holdings, LLC | Current | |
| Deloitte Touche Tohmatsu | Manager | Former |
| Organization | Position | Status |
|---|---|---|
| Comvest Investment Partners LLC | Coo & Cco | Current |
| Commonwealth Associates Group Holdings, LLC | COO & Chief Compliance Officer | Current |
| Comvest, Ltd. | Coo & Cco | Current |
| ComVest Investment Partners II, LLC | Vice President, Investments | Former |
| Commonwealth Associates, Inc. | Former | |
| Wagner College | Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Comvest Investment Partners LLC | Senior Vice President | Current |
| Commonwealth Associates, Inc. | Current | |
| Trading Technologies, Inc. | Former | |
| Kellogg School of Management at Northwestern University | MBA | Former |
| Indiana University | BA In Computer Science | Former |
| Organization | Position | Status |
|---|---|---|
| Comvest Investment Partners LLC | Senior Vice President | Current |
| Commonwealth Associates Group Holdings, LLC | Senior Vice President | Current |
| Comvest Investment Partners LLC | Vice President | Former |
| Comvest Investment Partners LLC | Partner | Former |
| Hummingbird Value Funds | Analyst | Former |
| Columbia Business School | MBA | Former |
| Babson College | Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Comvest Investment Partners LLC | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Comvest Investment Partners LLC | Vice President | Current |
| Comvest Investment Partners LLC | Managing Director, Partner, Comvest Investment Partners | Former |
| The Allen Company Inc. | Associate | Former |
| The Platinum Group, Ltd. | Associate | Former |
| Comvest Investment Partners LLC | Partner, Comvest Investment Partners | Former |
| Comvest, Ltd. | Former | |
| New York University | Bachelors Degrees in Finance and International Business | Former |
Array
| Organization | Position | Status |
|---|---|---|
| Comvest, Ltd. | Vice President | Current |
| Comvest Investment Partners LLC | Vice President | Current |
| University of Central Florida | BA In Organizational Communication | Former |
| Organization | Position | Status |
|---|---|---|
| Comvest Investment Partners LLC | Vice President | Current |
| Ernst & Young | Manager | Former |
| Comvest, Ltd. | Former | |
| New York University | MBA | Former |
| NYU Stern School of Business | MBA | Former |
| University of Michigan | BBA in Finance and Accounting | Former |
Mr. Tallur joined Commonwealth in 1995 and was Director of Research for four years, following the technology sector. During his tenure as Director of Research, Inder was responsible for selecting areas within technology and telecom for the firm's investment program. Mr. Tallur was the Portfolio Manager for the ComVest Opportunity Fund L.P., which was formed in August 2001. Prior to Commonwealth, he spent 5 years in the telecommunications and computer industry with companies including Digital Equipment Corporation and HCL-HP India, an affiliate of Hewlett Packard. Mr. Tallur received a BE in Electronics from Visvesvaraya Regional College of Engineering, Nagpur, India in 1987. He also received an MBA from Tulane University's A.B. Freeman School of Business in 1994 and an MS in Finance from Boston College in 1995. He is also licensed as a series 7, 24, 4, 63 and 27. Effective February 1st, 2007, Inder Tallur became Commonwealth's interim Financial Operations Principal.
| Organization | Position | Status |
|---|---|---|
| Comvest Investment Partners LLC | Senior Managing Director & Financial Operations Principal | Current |
| Notify Technology Corp | Current | |
| Comvest Investment Partners LLC | Partner | Former |
| Commonwealth Associates Group Holdings, LLC | Managing Partner | Former |
| Hewlett-Packard Company | Former | |
| Digital Equipment Corporation | Former | |
| Tulane University | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| Comvest Investment Partners LLC | Partner | Current |
| Commonwealth Associates Group Holdings, LLC | Director | Former |
| Yale University | graduate | Former |
| Organization | Position | Status |
|---|---|---|
| Comvest Investment Partners LLC | Senior Partner | Current |
| The University of Houston | Member | Current |
| Digicon Corporation | President | Former |
| Digicon Corporation | Chief Operating Officer | Former |
| Comvest Investment Partners LLC | Fund Manager | Former |
| Digicon Corporation | Director | Former |
| The University of Houston | graduate | Former |
| Organization | Position | Status |
|---|---|---|
| Comvest Investment Partners LLC | Senior Partner | Current |
| Comvest, Ltd. | Senior Partner | Current |
| Skylightone | Board of Directors | Current |
| Crossbow Ventures, Inc. | Partner | Former |
| UBS Capital Americas II, LLC | Former | |
| Chase Capital Partners | Investor | Former |
| Harvard Business School | Mba | Former |
| Colgate University | Bachelor of Arts Degree In Physics | Former |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Associates Group Holdings, LLC | Founder | Current |
| ComVest Investment Partners II, LLC | Managing Partner | Current |
| Comvest, Ltd. | Managing Partner | Current |
| Comvest Investment Partners LLC | Managing Partner | Current |
| Averion, Inc | Chairman, Director | Current |
| Averion International Corp. | Chairman | Current |
| Comvest Group, Inc. | Chairman | Current |
| Comvest, Ltd. | Chairman | Current |
| Comdial Corporation | Chairman | Current |
| Comvest Investment Partners LLC | Chairman of Averion's Board of Directors | Current |
| Comdial Corporation | Director | Current |
| Allegiant Air | Director | Current |
| MedAvant Healthcare Solutions | Director | Current |
| The Care Fund | Board Member | Current |
| Catalyst International, Inc. | Board Member | Current |
| The Care Fund | Member | Current |
| Catalyst International, Inc. | Member | Current |
| Allegiant Air | Member | Current |
| Commonwealth Associates Group Holdings, LLC | Chairman, President & CEO | Former |
| Commonwealth Associates, Inc. | Co-Founder | Former |
| PlanVista Corporation | Director | Former |
| Queens College | B.A. Degree In Economics | Former |
| Stanford University | B.A. Degree In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| CorVu Corporation | Founder | Current |
| Comvest Investment Partners LLC | Managing Partner | Current |
| Microsulis Limited | Director | Current |
| CorVu Corporation | Director | Current |
| Air Midwest, Inc. | Chief Executive Officer | Former |
| Mesa Airlines, Inc. | President | Former |
| Air Midwest, Inc. | President | Former |
| Fly Asa | CFO | Former |
| Fly Asa | Vice President | Former |
| Fly Asa | founder | Former |
| AirTran Holdings, Inc. | Founder | Former |
| Fly Asa | Director | Former |
| Mesa Airlines, Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Comvest Investment Partners LLC | Director, New Business Development | Current |
| Comvest, Ltd. | Director, New Business Development | Current |
| Berea College | BA | Former |
| Berea College | Business Administration With A Finance Concentration. | Former |
Mr. Engelhardt joined Commonwealth Associates, LP in 2007 and is currently the Financial Operations Principal (FINOP) and Controller. He has over 20 years' Wall Street and financial operations experience. Prior to joining Commonwealth, he was the FINOP at Emmet & Co., a well-known Municipals trading firm. Other experience included positions with such companies as SG Warburg, a London based investment banking firm, Morgan Stanley, Carlin Financial, and Ferris Baker Watts. Mr. Engelhardt graduated from the Universidad Nacional de Honduras in 1983 with a degree in History. He is also licensed as a series 7, 63, and 27.
| Organization | Position | Status |
|---|---|---|
| Commonwealth Associates Group Holdings, LLC | Financial Operations Principal & Controller | Current |
| Comvest Investment Partners LLC | Financial Operations Principal & Controller | Current |
| Commonwealth Associates, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Comvest Investment Partners LLC | Controller | Current |
| Commonwealth Associates, Inc. | Current | |
| Pace University | Degree In Accounting | Former |
Mr. Muneio is responsible for sourcing new deal flow and analyzing prospective investments. Prior to joining ComVest, Chris was an Associate at The Asset Group where he was instrumental in establishing and managing new business relationships with institutional clientele. Chris graduated from Palm Beach Atlantic University with a degree in Business Administration and double emphasis in Finance and Marketing. While at Palm Beach Atlantic, Chris received high honors for outstanding academic performance while playing colligate level sports.
| Organization | Position | Status |
|---|---|---|
| Comvest, Ltd. | Associate Director, New Business Development | Current |
| Comvest Investment Partners LLC | Analyst | Current |
| Asset Group, Inc. | Associate | Former |
| Palm Beach Atlantic University | BA | Former |
| Palm Beach Atlantic University | Degree In Business Administration and Double Emphasis In Finance | Former |
| Organization | Position | Status |
|---|---|---|
| Comvest Investment Partners LLC | Associate | Current |
| Commonwealth Associates Group Holdings, LLC | Associate | Current |
| Commonwealth Associates, Inc. | Current | |
| Columbia University | B.A. In Economics | Former |
Stephen Bronfman Lande joined Commonwealth in 2007. Prior to joining Commonwealth Associates, Mr. Lande worked as a summer analyst at Dresdner Kleinwort Wasserstein in its Technology, Media, and Telecommunications group as well as being a summer analyst at RSM Richter, a Canadian accounting, business advisory and consulting firm; working in their corporate advisory and forensic auditing groups. In 2007, he received a B.S. in Economics cum laude from The Wharton School of the University of Pennsylvania, with a concentration in Finance.
| Organization | Position | Status |
|---|---|---|
| RSM Richter | Analyst | Current |
| Comvest Investment Partners LLC | Associate | Current |
| Dresdner Kleinwort Wasserstein | Analyst | Former |
| Commonwealth Associates, Inc. | Former | |
| Wharton Graduate School of the University of Pennsylvania | B.S. In Economics Cum Laude | Former |
Array
| Organization | Position | Status |
|---|---|---|
| Take-Two Interactive Software, Inc. | Former | |
| Cheyenne Software | Former | |
| Wharton Graduate School of the University of Pennsylvania | Former |
| Organization | Position | Status |
|---|---|---|
| J.F. Shea Co., Inc. | Executive Vice President | Current |
| ADAC Laboratories | Director | Current |
| Ironstone Group, Inc. | Director | Current |
| Comvest Investment Partners LLC | Advisory Board Member | Current |
| J.F. Shea Co., Inc. | Director | Current |
| Novell, Inc. | Former | |
| Linear Technology Corp. | venture capitalist | Former |
| Genentech, Inc. | venture capitalist | Former |
| America West Airlines, Inc. | venture capitalist | Former |
| Compaq Computers | venture capitalist | Former |
| The AES Corporation | venture capitalist | Former |
| Altera Corporation | venture capitalist | Former |
| Organization | Position | Status |
|---|---|---|
| Comvest Investment Partners LLC | Advisory Board Member | Current |
| Deutsche Bank AG | General Manager, Tokyo Branch | Former |
| Deutsche Bank AG | GM Tokyo | Former |
| Volkswagen AG | Advisor | Former |
| Citicorp | Investor | Former |
| American International Group, Inc. | Investor | Former |
| Warburg Pincus, LLC | Investor | Former |
| Sino-Forest Corp. | Investor | Former |
| Organization | Position | Status |
|---|---|---|
| Comvest Investment Partners LLC | Advisory Board Member | Current |
| Comvest, Ltd. | Advisory Board Member | Current |
| The Quorum Group | Former | |
| Creative Publishing International | Former | |
| XP Systems Corporation | Former | |
| Digital Insight Corporation | Former |
Pete Kight has served as a director of Akamai since March 2004. Since December 1981, Mr. Kight has been Chairman of the Board of Directors and Chief Executive Officer of CheckFree Corporation, a provider of financial electronic commerce services and products.
| Organization | Position | Status |
|---|---|---|
| Akamai Technologies, Inc. | Board of Directors | Current |
| Comvest Investment Partners LLC | Advisory Board Member | Current |
| Fiserv, Inc. | Vice Chairman | Current |
| CheckFree Corporation | Chief Executive Officer | Former |
| CheckFree Corporation | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Inverness Capital Partners, L.P. | Executive Advisory Group Member | Current |
| Dtventures | founding member | Current |
| Dexter Capital Group Limited | Current | |
| Dtventures | Chairman | Current |
| Providential Capital Management Limited | Vice Chairman | Current |
| Jefferies & Company, Inc. | Vice Chairman | Current |
| Inverness Capital Partners, L.P. | Board of Directors | Current |
| Comvest Investment Partners LLC | Advisory Board Member | Current |
| Jefferies LLC | Vice Chairman | Current |
| Dtventures | Co-founder | Former |
| Morgan Stanley | partner | Former |
| Smith Barney | Head | Former |
| SoundView Technology Group, Inc. | Chairman | Former |
| Salomon Smith Barney, Inc. | Vice Chairman | Former |
| Smith Barney | Vice Chairman | Former |
| Morgan Stanley | Vice Chairman | Former |
| Register.com, Inc. | seed investor | Former |
| Harvard Business School | MBA | Former |
| Harvard University | B.A. | Former |
| Harvard College | BA In Applied Physics and Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Gec | Vice Chairman | Current |
| Swiss Bank Corp. | Member | Current |
| Comvest Investment Partners LLC | Advisory Board Member | Current |
| BAE Systems plc | Chief Test Pilot | Former |
| British Aerospace plc | Chief Test Pilot | Former |
| British Aerospace plc | General Manager | Former |
| BAE Systems plc | General Manager | Former |
| British Aerospace plc | Managing Director | Former |
| British Aerospace plc | Project Director | Former |
| BAE Systems plc | Project Director | Former |
| British Aerospace plc | Test Pilot | Former |
| BAE Systems plc | Test Pilot | Former |
| BAE Systems plc | Member | Former |
| Jesus College | Masters | Former |
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