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Private Equity
ticonderogacap.com

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Investments

33

Portfolio Exits

16

About Ticonderoga Capital

Ticonderoga Capital invests in proven companies that generate above average gross margins and continue to expand each year.

Ticonderoga Capital Headquarter Location

230 Third Avenue

Waltham, Massachusetts, 02451,

United States

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Latest Ticonderoga Capital News

Ticonderoga Capital & Asim Ashary Invest in Rete+Pay

Nov 24, 2014

Ticonderoga Capital & Asim Ashary Invest in Rete+Pay Craig Jones and Paul Boemer Join Board of Directors WOODRIDGE, Ill., Nov. 24, 2014 /PRNewswire/ -- Rete+Pay, Inc. (Rete+Pay) announced today that Ticonderoga Capital and Asim Ashary invested in Rete+Pay, Inc. Rete+Pay also announced that Craig Jones, Ticonderoga principal, and Paul Boemer, formerly Senior Vice President of FIS, have joined Rete+Pay's board of directors and will work closely with Rete+Pay's board of directors and leadership team to pursue its strategic growth objectives. Rete+Pay CEO George Bregante commented, "We are extremely pleased that Ticonderoga Capital and Asim agree with Rete+Pay's services and strategy and invested in Rete+Pay. The opportunities ahead for Rete+Pay remain significant, and with these firms working with us as strong capital partners and strategic advisors, we are well positioned to continue to serve our clients with the highest-quality products and services. " Craig Jones of Ticonderoga Capital commented, "We are very excited about this next phase in Rete+Pay's development and we are looking forward to working with the Company to build upon its leadership position as a provider of electronic payment solutions for insurers, medical providers and other vendors in alternative vertical industries. " Asim Ashary added, "We are also very excited to have the opportunity to invest in Rete+Pay and we also welcome Paul Boemer as a board member. His electronic payment experience and skill set complement the strengths of our existing team. His involvement will be a tremendous asset to us as we continue to focus on driving innovation around our core capabilities and delivering our services to the healthcare market. " About Rete+Pay Rete+Pay, Inc. is the leading provider of payment software solutions. The company serves over 50 customers across North America with solutions designed to reduce costs, increase efficiency, streamline internal processes and assist in regulatory compliances. Rete+Pay offers the healthcare and worker's compensation industries the only payment solution that provides a complete suite of fully-integrated payment applications including utilizing access to the nation's largest ACH/835 network, Virtual Payments and Claimant Cards. For additional information please visit our website: www.RetePay.com . About Ticonderoga Capital. Ticonderoga Capital is a private equity investor in buyout and growth equity investments in profitable healthcare and software companies. They are active investors, often represented on the Board of Directors and have served as Directors, Board Chairman, Executive Chairman and even CEO's of our companies on an as-needed basis. The Managing Partner of Ticonderoga Capital is Craig Jones, a 30-year veteran of the private equity and venture capital fields. Ticonderoga previously invested in two previous companies founded by one of Rete+Pay's founders. www.ticcap.com . About Asim Ashary Mr. Asim Ashary serves as Chief Executive Officer and President of Verifpoint LLC and Health eConnex, Inc. Mr. Ashary also serves as Chief Financial Officer of Insightra Medical, Inc. and Mr. Ashary is the Founder of Manhattan Data, Inc. (MDI) and serves as its Chief Executive Officer. Prior to MDI, in 1999, he co-founded ppoNEXT, Inc. with George Bregante, one of Rete+Pay's founders. He is a senior healthcare executive with two decades of experience in business operations, claims administrations, marketing, finance, healthcare IT and operations. SOURCE Rete+Pay, Inc.

Ticonderoga Capital Investments

33 Investments

Ticonderoga Capital has made 33 investments. Their latest investment was in Rete+Pay as part of their Private Equity on November 11, 2014.

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Ticonderoga Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/24/2014

Private Equity

Rete+Pay

Yes

1

11/6/2012

Private Equity - IV

AFS Technologies

$26M

No

1

9/24/2008

Series C

Medrium

$10.46M

No

9/24/2008

Private Equity - II

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$99M

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0

9/17/2008

Series D

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$99M

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10

Date

11/24/2014

11/6/2012

9/24/2008

9/24/2008

9/17/2008

Round

Private Equity

Private Equity - IV

Series C

Private Equity - II

Series D

Company

Rete+Pay

AFS Technologies

Medrium

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Amount

$26M

$10.46M

$99M

$99M

New?

Yes

No

No

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Co-Investors

Sources

1

1

0

10

Ticonderoga Capital Portfolio Exits

16 Portfolio Exits

Ticonderoga Capital has 16 portfolio exits. Their latest portfolio exit was Brainshark on August 23, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

8/23/2021

Acquired

$99M

2

11/11/2020

Acquired

2

2/28/2019

Acquired

1

10/7/2014

Acq - Fin

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Subscribe to see more

10

2/18/2014

Acq - Fin

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10

Date

8/23/2021

11/11/2020

2/28/2019

10/7/2014

2/18/2014

Exit

Acquired

Acquired

Acquired

Acq - Fin

Acq - Fin

Companies

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Valuation

$99M

Acquirer

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Sources

2

2

1

10

10

Ticonderoga Capital Acquisitions

1 Acquisition

Ticonderoga Capital acquired 1 company. Their latest acquisition was Pacific Title & Art Studio on March 21, 2007.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/21/2007

Other Venture Capital

$99M

$3M

Acq - Fin

Date

3/21/2007

Investment Stage

Other Venture Capital

Companies

Valuation

$99M

Total Funding

$3M

Note

Acq - Fin

Sources

Ticonderoga Capital Team

4 Team Members

Ticonderoga Capital has 4 team members, including current Founder, General Partner, James E. Vandervelden.

Name

Work History

Title

Status

James E. Vandervelden

Founder, General Partner

Current

Craig A.t. Jones

Managing Partner

Current

Craig A T Jones

Dillon, Advent International, Centennial Ventures, and Bain & Company

Managing General Partner

Former

Tyler Wick

General Partner

Former

Name

James E. Vandervelden

Craig A.t. Jones

Craig A T Jones

Tyler Wick

Work History

Dillon, Advent International, Centennial Ventures, and Bain & Company

Title

Founder, General Partner

Managing Partner

Managing General Partner

General Partner

Status

Current

Current

Former

Former

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