Home > Press > 4th Floor Investments Completes Sale of SmalTec International LLC
Abstract:
Microtechnology Manufacturing Company Generated Significant Returns For 4th Floor Investments During Its 6-Year Investment
4th Floor Investment Group, LLC ("4th FLOOR INVESTMENTS"), a privately-held holding company of diverse lower-middle market companies and investments, announced today that it sold its interest in Lisle, Illinois-based microtechnology manufacturer & solutions provider, SmalTec International, LLC ("SmalTec").
SmalTec, a pioneer in the microtechnology industry which manufactures and sells leading edge micro-EDM and nano-grinding machining solutions, was founded by 4th FLOOR INVESTMENTS in 2002. "Over the last six years, President Jerry Mraz and his team have grown SmalTec by consistently contributing its engineering talents and resources to the micro- & nanotechnology industries," says 4th FLOOR INVESTMENTS' CEO Thomas Geza Varga. "SmalTec's strong international reputation stems from the company's commitment to research & development and focus on the future of technology."
Jerry Mraz as President of SmalTec will continue to lead the company along with the rest of his team, Mr. Varga says. SmalTec will remain at its facility in Lisle, Illinois.
####
About 4th Floor Investment Group, LLC
4th Floor Investment Group, LLC is an Illinois holding company comprised of exemplary distribution, real estate, manufacturing and niche investments. In addition to managing our member companies & investments, we continually target leveraged mergers & acquisitions of lower middle market opportunities. To learn more about 4th FLOOR INVESTMENTS, please visit www.4thFloorGroup.com or call us at (630) 225-5737, Mon-Fri, 8:30 a.m. to 4:30 p.m. CT.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995.
Any forward looking statements contained herein involve risks and uncertainties, including, but not limited to, product or service demand and market acceptance risks, the effect of economic conditions, the impact of competitive products, services and pricing, product or service development and patent protection, commercialization and technological difficulties, capacity and supply constraints or difficulties, actual purchases under agreements, the effect of the company’s accounting policies, and other risks which may be detailed in Securities and Exchange Commission filings, if applicable. The reader should independently investigate and fully understand all risks before making investment decisions.
For more information, please click here
Contacts:
4th Floor Investment Group, LLC
Thomas Varga
(630) 225-5737
Copyright © Business Wire 2008
If you have a comment, please Contact us.Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
Related News Press |
News and information
Beyond wires: Bubble technology powers next-generation electronics:New laser-based bubble printing technique creates ultra-flexible liquid metal circuits November 8th, 2024
Nanoparticle bursts over the Amazon rainforest: Rainfall induces bursts of natural nanoparticles that can form clouds and further precipitation over the Amazon rainforest November 8th, 2024
Nanotechnology: Flexible biosensors with modular design November 8th, 2024
Exosomes: A potential biomarker and therapeutic target in diabetic cardiomyopathy November 8th, 2024
VC/Funding/Angel financing/Loans/Leases/Crowdfunding
Graphene Flagship start-up Bedimensional closes a second €10 million investment round February 10th, 2023
180 Degree Capital Corp. Issues Second Open Letter to the Board and Shareholders of Enzo Biochem, Inc. March 26th, 2021
Investments/IPO's/Splits
Daikin Industries becomes OCSiAl shareholder July 27th, 2021
INBRAIN Neuroelectronics raises over €14M to develop smart graphene-based neural implants for personalised therapies in brain disorders March 26th, 2021
180 Degree Capital Corp. Issues Second Open Letter to the Board and Shareholders of Enzo Biochem, Inc. March 26th, 2021
Announcements
Nanotechnology: Flexible biosensors with modular design November 8th, 2024
Exosomes: A potential biomarker and therapeutic target in diabetic cardiomyopathy November 8th, 2024
Turning up the signal November 8th, 2024
Nanofibrous metal oxide semiconductor for sensory face November 8th, 2024
Tools
Turning up the signal November 8th, 2024
Quantum researchers cause controlled ‘wobble’ in the nucleus of a single atom September 13th, 2024
Faster than one pixel at a time – new imaging method for neutral atomic beam microscopes developed by Swansea researchers August 16th, 2024
The latest news from around the world, FREE | ||
Premium Products | ||
Only the news you want to read!
Learn More |
||
Full-service, expert consulting
Learn More |
||