Portfolio Company Gaining Traction
Privatizer Systems is one of the NCIC portfolio companies that continues to gain momentum, even in today’s volatile economy. Privatizer has developed significant core technologies that are utilized in a number of products the company is commercializing in the paper handling industry.
Several of Privatizer’s products were recently highlighted at the Print Solutions Conference and Expo held in the Chicago suburb of Rosemont, Illinois. The Document Management Industries Association (DMIA), the national trade association representing distributors and manufacturers of business forms, labels and tags, commercial printing, promotional products, and direct mail packages, presents this annual conference and trade show.
Privatizer’s product line was well received at the conference and trade show as they were highlighted by the company’s strategic partners and distributors during the three-day event. During the event, Privatizer introduced their newest paper feeder product. Customers now can go offline or inline with a HP LaserJet 4050 or 4100 Series printer then print, fold and seal – all in one easy step.
This new version of Privatizer’s Print to Mail System includes features that automate office mailings for grade reports, student’s schedules, checks and W-2’s. The accessory can also be used as a folder for promotional materials or other office correspondence requiring a standard or windowed envelope.
Privatizer Systems, headquartered in Dayton, manufactures and sells pressure seal mailers and accessories. These devises eliminate the need to manually fold, stuff, and seal office mailings. .
The Emerging Technology Awards recognize Ohio firms that are making valuable progress advancing existing technologies, as well as companies that are on the cutting edge in pursuing new and emerging technological developments.
Cohesia delivers financial benefits to its customers by developing and implementing intelligent product specification solutions for Characteristic Lifecycle Management. NCIC CapitalFund was the first venture capital firm to invest in Cohesia, providing $1million in three rounds of financing beginning in 1996.
NCIC CapitalFund has become an active partner in the Dayton Investment Network (DIN). The creation of the Dayton Development Coalition, the DIN offers a platform for the sharing of deal flow throughout the greater Dayton area. Also participating in the network are Alpha Capital Partners, Blue Chip Venture Fund, River Cities Capital Fund, the area Angel Network, and the newly founded Entrepreneurs Fund.
Participants meet monthly to discuss interesting investment opportunities that have been presented to them. Those opportunities that generate broad appeal among the group are invited to attend a meeting and make a presentation. If interest continues to build, one of the DIN participants takes the lead and champions the investment attempting to solidify the interest of others, craft a term sheet, conduct the due diligence, and ultimately close on the funding.
Interest among the group has been high and the meetings have been well attended. Deal flow remains strong while interest has peaked in a number of opportunities. Several term sheets have been issued and the DIN hopes to close on several transactions before the end of the year.
Great Midwest Venture Capital Conference –