Investment Summary

Merion Investment Partners Invests In CRU

On March 9, 2021, mezzanine finance firm Merion Investment Partners invested in technology hardware company CRU

Investment Highlights
  • This is Merion Investment Partners’ 1st transaction in the Technology Hardware sector.
  • This is Merion Investment Partners’ 37th transaction in the United States.
  • This is Merion Investment Partners’ 2nd transaction in Washington.

Investment Summary

Date 2021-03-09
Target CRU
Sector Technology Hardware
Investor(s) Merion Investment Partners
Deal Type Growth Capital

Target

CRU

Vancouver, Washington, United States
CRU is a provider of data security, data transport/mobility, encryption, and digital investigation devices. The company’s flagship DataPort and Data Express removable drives are the de facto standard for physical data security in government, education, audio/video production, digital cinema, and business markets. The WiebeTech products are used by digital forensics investigators around the world, while the CRU RTX, RAX, and ToughTech external hard drive enclosures are used by small and medium businesses for data backup. CRU products are available through major distributors, PC manufacturers, specialty system builders, and resellers globally, as well as from CRU. CRU was founded in 1986 and is based in Vancouver, Washington.

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Investor(S) 1

Investor
DESCRIPTION

Merion Investment Partners is a mezzanine finance firm that provides subordinated debt to middle-market growth Companies generating at least $10 million in sales and at least $2 million in EBITDA. Merion focuses on opportunities in business services, specialty manufacturing, and healthcare services and products. Merion's invests in the range of $4 and $20 million per transaction. Merion Investment Partners was formed in 2003 and is based in King of Prussia, Pennsylvania.


DEAL STATS #
Overall 37 of 40
Sector (Technology Hardware) 1 of 1
Type (Growth Capital) 9 of 12
State (Washington) 2 of 2
Country (United States) 37 of 40
Year (2021) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-03 Eye Health Group

East Brunswick, New Jersey, United States

Eye Health Group provides a full suite of medical eyecare services, from diagnosis and management of eye diseases to pathology, lab testing and pre- and post-operative care for surgical patients, as well as prescribing and dispensing contact lenses and vision corrective glasses. Eye Health Group is based in East Brunswick, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-17 Nelbud

Indianapolis, Indiana, United States

Nelbud is a provider of commercial kitchen fire prevention and related maintenance services, including exhaust and ventilation system cleaning and inspection. Nelbud was founded in 1981 and is based in Indianapolis, Indiana.

Sell -