AVST was established in September 2003 from the combined businesses of Sound Advantage (established in 1997) and the AVT division (established in 1982) of Captaris, Inc. (NASDAQ: CAPA). A privately owned company, AVST's three major investors are Ignition Partners (www.ignitionpartners.com), Bellevue, WA, Ignition Capital, Seattle, WA (www.igncap.com) and Second Alpha, New York, NY (www.secondalpha.com).
Ignition's investments are focused on software and communications technology, with a particular emphasis in enterprise data and applications, telecommunications and network infrastructure. These sectors represent multibillion dollar markets able to support a significant number of companies with greater than $100 million in revenue. These sectors also leverage Ignition's deep technology expertise and operating experience, tap their long-standing industry relationships for proprietary deal flow and strategic partnerships, and offer excellent opportunities for portfolio synergies.
Ignition is comprised of a select group of industry leaders and experts who built some of the last decade's largest wireless, software, and internet businesses. These leaders have deep operational experience, in addition to financial expertise. This unique combination provides the most value-add to companies and insures the highest portfolio returns.
Ignition Capital is the growth equity arm of a $3 billion global fund group which provides emerging industry leaders the investment and operations support to help them reach their long-term potential, in the technology, communications, consumer and healthcare sectors.
Ignition Capital works with a broad array of companies that have become market leaders in technology, telecommunications, consumer services and healthcare. Ignition Capital has seen its porfolio manage difficult economic situations while still growing dramatically to either become public companies, or be sold to larger market leaders.
Second Alpha Partners
New York, NY
Second Alpha Partners is a private equity firm focused on secondary investments, mainly purchases of direct interests in private companies from existing shareholders. The firm also invests capital directly in private companies in tandem with making secondary purchases of shares. Second Alpha Partners has offices in New York.