SOLANO VENTURES

Private Capital Investments

SOLANO VENTURES

Private CapitalInvestments

Solano Ventures is a $40 million investment fund devoted primarily to smaller and midsize companies in Arizona. Stephen McConnell is the principal of the fund. Solano Ventures seeks to invest in the following:

  • 100% of a company for sale;
  • Bridge loans;
  • Majority control in partnership with management;
  • Mezzanine debt.

Investment Criteria

Investment Criteria

  • Deal size $1 - $20 million purchase price
  • Arizona - headquartered business
  • A business that services existing demand for a product or service (as opposed to a business that must “create” demand)
  • Unwilling to assume material environmental or legal risk
  • Willing to consider turnarounds
  • Management willing to stay on and participate in new company
  • Industry preferences include:
    • Light manufacturing
    • Distribution or wholesale
    • High value added service businesses

Arizona

  • Wholesale lumber distributor and custom door manufacturer
  • Property tax appeal service provider
  • Internet service provider
  • Health care software systems
  • Food company software systems
  • Sales tax and HR software systems
  • Paper shredding business
  • Mobile storage container and mobile office leasing
  • Restaurants
  • Hotels
  • HVAC installers and servicing
  • Custom window manufacturing and installation
  • Real Estate Title business
  • Business equipment servicing
  • Professional hockey league and sports facilities development
  • Civil engineering company
  • Avionics and aerospace equipment manufacturer
  • Electron microscope manufacturer
  • Branded tea manufacturer and distributor
  • Drug test kit manufacturer and distributor
  • Cable TV system
  • CRM software provider
  • Cybersecurity software systems
  • Water systems distributor
  • Health care provider
  • Chemical recycling business
  • Cable and wireless system installer
  • Real estate development company
  • Real estate brokerage company
  • Landscape design and installation
  • PEO organization
  • High-end spa management company
  • Automobile leasing and sales company
  • Family entertainment centers

Other States

  • Lawn care equipment manufacturer in CO
  • Engineered wood beam manufacturer in UT
  • Printed circuit board manufacturer in MA
  • Grocery stores in TX
  • Medical equipment manufacturer in VA
  • Wood products manufacturer and distributor in the educational and hobby markets in IN
  • Food distributor in FL
  • Trucking insurance business in NJ
  • Kiosk manufacturer in CO
  • Specialty equipment manufacturer for police cars in IN

Team

Team

Stephen McConnell

Stephen McConnell

President

Stephen formed Solano Ventures in 1990, investing in a variety of businesses primarily in Arizona and surrounding states. Transactions have included management buy-outs, restructuring, mezzanine capital, growth capital, turnarounds, and debt purchases. Prior to that, Mr. McConnell spent 10 years at N-W Group, Inc, the last six as CEO of this publicly-traded real estate and oil & gas operation in Canada and the U.S. Stephen started his career at Warburg, Pincus in New York City in what is known today as private equity investing. Mr. McConnell grew up in Boston and attended Harvard College and Harvard Business School.

Dan Robinson

Dan Robinson

CFO

Dan Robinson has been a CFO, Financial Controller, and Fund Manager in a variety of industries and has worked with Private Equity and Venture Capital funds since 2002. He has worked closely with entrepreneurs, political leaders, and many financial institutions. He has a BS of Accounting, and an MBA degree. He is also a Certified Valuation Analyst (CVA), and a Certified Merger and Acquisition Advisor (CM&AA). His CVA and CM&AA experience includes the following areas: Succession Planning, Mergers and Acquisitions, Business Financing. Mr. Robinson has completed M&A transactions in the US, UK, and Central America.

Contact Us

Give us a call.

Contact Us

Give us a call.

P: (480) 922-8760