Anania and Associates today announces its portfolio company, Elmet Technologies has agreed to a strategic collaboration and long-term offtake contract with EQ Resources Ltd (ASX: EQR), a global tungsten producer with mining activities in Australia and Spain. Highlights: Leading US-owned and fully integrated tungsten manufacturer, Elmet ... Read More
Chris Chandler Joins Anania & Associates as General Counsel
Anania & Associates Investment Company LLC (AAI), a Maine based private equity firm focused on supporting sustainable growth for its portfolio companies, announces Chris Chandler has joined the firm as General Counsel. Mr. Chandler brings over 35 years of experience advising businesses and financial institutions on mergers and acquisitions, ... Read More
Elmet Technologies Wins 2023 Governor’s Award for Business Excellence
Anania & Associates Investment Company (AAI), today announces its portfolio company, Elmet Technologies is the recipient of the 2023 Governor's Award for Business Excellence, Heritage Industry Award, which recognizes and celebrates business excellence in the agriculture, manufacturing, or marine sector in the State of Maine. Governor ... Read More
Freedom & Opportunity Award Recipient 2023: Peter V. Anania
Anania & Associates Investment Company LLC (AAI) today announced its President and Chairman, Peter V. Anania, is the 2023 Freedom & Opportunity Award Recipient. The award is presented each year by Maine Policy Institute to a Maine citizen who best demonstrates a core commitment to the principles of Freedom & Opportunity that serve to ... Read More
Elmet Technologies Acquires H.C. Starck Solutions Americas
Anania & Associates Investment Company LLC (AAI) today announced its portfolio company Elmet Technologies of Lewiston, Maine, USA has acquired H.C. Starck Solutions of Euclid, Ohio, USA and Coldwater, Michigan, USA. The acquisition forms a global leader in tungsten and molybdenum materials and components. The combined company offers a broadened ... Read More
Microwave Techniques LLC Acquires Valvo Bauelemente GmbH
Anania & Associates Investment Company LLC (AAI) today announced its portfolio company Microwave Techniques LLC (MT) of Gorham, Maine, USA has acquired Valvo Bauelemente GmbH (Valvo) of Hamburg, Germany. The acquisition forms a leading global provider of 2.45 GHz circulators, isolators, loads, and other components. - - - - - - - - - ... Read More
Lighthouse Imaging Acquired by Precision Optics
Anania and Associates Investment Company LLC (AAI) announces Lighthouse Imaging acquired by Precision Optics. October 5, 2021. GARDNER, Mass. and WINDHAM, Maine - Precision Optics Corporation, Inc. (OTCQB: PEYE), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, announced it has ... Read More
Microwave Techniques, LLC Acquires Industrial Microwave Systems (IMS)
Anania & Associates Investment Company LLC (AAI) today announced its portfolio company Microwave Techniques, LLC acquired of the assets and IP of North Carolina based Industrial Microwave Systems (IMS), LLC, from Laitram, LLC. Microwave Techniques, LLC is the parent company of both Maine based Mega Industries (MEGA), and New Hampshire ... Read More
AAI Announces DAVO Technologies Assets Acquired by Avalara
Anania & Associates Investment Company LLC (AAI) today announced the sale of the operational assets of DAVO Technologies LLC (DAVO) to Seattle, WA based Avalara (AVLR). Avalara and DAVO offer compatible sales tax automation technology, with complementary services which streamline the customer’s experience. Avalara and DAVO both have ... Read More
Mega buyout of RYMSA, signing of five-year Noncompetition Agreement
GORHAM, MAINE Mega Industries LLC today announced the buyout of its minority shareholder Rymsa RF, S.L.U. a division of SENER AREOESPACIAL based in Bilbao, Spain. Rymsa RF had been a valued minority partner at MEGA for the past 5 years. Rymsa RF joined the MEGA ownership group following MEGA’s 2015 acquisition of MCI Broadcast, of which Rymsa ... Read More