Lighthouse (“Lighthouse” or the “Company”) is a provider of technology-enabled eDiscovery solutions to corporate enterprise clients. Lighthouse’s primary services include hosting, maintenance and support, electronic data processing and consulting. In delivering its eDiscovery solutions, the Company partners with third-party software providers such as Nuix, Relativity and iPro. In addition to third-party software, Lighthouse has developed proprietary middleware, customized workflows and applications through its “SmartSeries” offering. This mix of proprietary and third-party technology allows Lighthouse to deliver the benefits of an end-to-end solution with the superior performance of point solutions and effectively save clients time and money. The Company’s target customers are Fortune 2000 corporations (98% of customers) and select law firms (2%). Select blue-chip enterprise customers include Microsoft, Google, Dell, Cisco, Johnson & Johnson, Bayer, General Electric, Comcast, T-Mobile, Goldman Sachs and others. Founded in 1995, Lighthouse is headquartered in Seattle, WA.
Performance Assessment Network, Inc. (PAN) is the leading global provider of online talent assessments and testing technology solutions that aid both corporate and government organizations in hiring and growing top talent. Founded in 2000, PAN offers a single point of access to the most diverse collection of online talent assessments available including hundreds of professionally developed employment tests from the most respected publishers in the industry. With a technology platform that sets the standard for online testing innovation and security, PAN has delivered millions of assessments, leveraging its vast testing center network of over 600 locations and its diverse collection of online talent assessments from more than 50 leading publishers. PAN is headquartered in Carmel, Indiana.
Spire Capital invested in Velocity Technology Solutions in February 2010. Under Spire Capital’s management, Velocity was a leading provider of application hosting services. Velocity allowed clients to fully outsource the management and hosting of their enterprise resource planning (ERP) and related software and software-as-a-service (SaaS) applications. The Company provided platform application hosting services for many enterprise organizations utilizing Lawson, JD Edwards, Kronos and other applications within their organization. The Company guaranteed the availability, connectivity, security and compliance of an ERP software application and also delivers certified implementation and consulting services. Spire Capital exited the investment in Velocity in August 2012 to Silverlake Sumeru.
Spire Capital invested in Carpathia Hosting in July 2008. Under Spire Capital’s management, Carpathia was a leading provider in the rapidly growing sector of managed technology hosting services. Carpathia delivered secure, reliable and compliant IT infrastructure and managed some of the world’s most advanced applications for enterprise and government clients. Clients included technology providers, Software-as-a-Service providers, e-commerce providers, data analytics companies and many others. Carpathia’s suite of services is designed for organizations seeking scalable, secure, robust and enterprise-grade hosting solutions that can be quickly provisioned or tailored to meet unique requirements. Spire Capital exited the investment in Carpathia in June 2015 to QTS.
Spire Capital invested in AssetNation in March 2007. Under Spire Capital’s management, AssetNation was a leading technology provider of applications, management tools and online marketplaces for asset acquisition, utilization and disposition solutions for a variety of industries including the insurance, manufacturing, energy, retail and supply chain sectors. AssetNation combined comprehensive services, proprietary technology tools and applications and leveraged the online environment to increase transaction transparency and efficiently access a global universe of buyers. AssetNation has dramatically improved recovery results for sellers of commercial salvage goods, as well as corporate, end-of-life assets. Spire Capital exited the investment in May 2012 to Ritchie Brothers Auctioneers.
Spire Capital began its investment in Ariston Global in April 2006 followed by add-on acquisitions. Ariston Global provided technology and software solutions to numerous enterprises for their communications infrastructure. Solutions included online CRM applications, customer self-service applications, network management tools, data analytics applications and other data integration/network focused tools. Ariston Global operated under two divisions, Ventraq and NetPlus. Ventraq was partially sold to GENBAND in July 2013 and remaining product set to NetBoss in July 2014. NetPlus was sold to BIA in August 2014.
Spire Capital invested in Sonitrol, Inc. in March 2004. Under Spire Capital’s management, Sonitrol supplied installation and monitoring of verified electronic security systems. The Company’s product offerings included intrusion and fire detection, access control, and closed circuit television systems. The Company’s national presence allowed them to service larger multi-location customers, as well as small and medium-sized businesses, through its direct and franchised operations. Spire Capital exited the investment in Sonitrol in June 2008 to Stanley Works.
Spire Capital invested in Encoda Systems, Inc. in June 2001. Under Spire Capital’s management, Encoda Systems provided proprietary software products and services that managed advertising and programming for use in the broadcast television, radio and cable industries. Spire Capital exited the investment in Encoda Systems in November 2004 to Harris Corporation.
Spire Capital invested in Inflow, Inc. in June 2000. Under Spire Capital’s management, Inflow provided equipment colocation and value-added services for mission-critical e-business and data communications applications through secure, redundant, carrier-neutral data network exchange facilities. The Company’s focus was on small and medium-sized businesses with complex networking needs. The Inflow colocation strategy was to 1) target Tier II Internet cities which are less competitive; 2) build smaller sized data centers which accelerates speed to market; and 3) focus on smaller enterprise and e-commerce companies which may have a higher need for Inflow’s value-added services. The Company provided high-performance, reliable network connections to maximize the performance of its customers’ applications which they, in turn, provide for their business partners and customers. Services provided included server equipment colocation, direct high-speed connections, redundant power, fire suppression and security systems. In addition, Inflow offered value-added services such as redundant multi-carrier Internet access, application monitoring, managed firewall services, web-site load balancing, content distribution, intelligent routing and data storage services. Spire Capital exited the investment in Inflow in January 2005 to SunGuard.
Spire Capital invested in iNNERHOST, Inc. in June 2000. iNNERHOST provided shared and complex web hosting services to small and medium-sized businesses. In August 2002, Spire Capital aquired a significant equity holding in Interland due to the acquisition made by Interland for iNNERHOST. Interland provided web-hosting services to small and medium-sized enterprises (“SMEs”) concentrated in the United States. Interland’s products and services included shared, dedicated, and clustered-hosting services, database services, domain name registration services, back-up storage, and other application hosting services. Spire Capital liquidated its holdings during 2003.