Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

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 Investments Completes Sale of SmalTec International LLC

NAPERVILLE, IL | Posted on April 21st, 2008

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.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Biosensors: Distance makes the signal grow stronger March 1st, 2017

Smart multi-layered magnetic material acts as an electric switch: New study reveals characteristic of islands of magnetic metals between vacuum gaps, displaying tunnelling electric current March 1st, 2017

Bioinspired process makes materials light, robust, programmable at nano- to macro-scale: Ultralight web of silk nano fibers withstands load 4,000 times its weight February 28th, 2017

NovAliX Turns to High-Resolution Cryo-Transmission Electron Microscopy for Pre-Clinical Drug Discovery Research: Thermo Fisher Scientific’s Cryo-TEM provides critical information for small molecule and biologic drug discovery February 28th, 2017

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

Harris & Harris Group Announces the Filing of Preliminary Proxy Materials Detailing Its Proposed Conversion From a BDC to a Registered Closed-End Fund January 24th, 2017

Harris & Harris Group Issues Reminder for Shareholder Update Call on January 10, 2017 January 10th, 2017

Harris & Harris Group Announces a Proposed Strategic Restructuring December 20th, 2016

Harris & Harris Group Issues Letter to Shareholders and Information for Shareholder Call on Tuesday, November 15, 2016 November 14th, 2016

Investments/IPO's/Splits

Harris & Harris Group Announces the Filing of Preliminary Proxy Materials Detailing Its Proposed Conversion From a BDC to a Registered Closed-End Fund January 24th, 2017

Harris & Harris Group Issues Reminder for Shareholder Update Call on January 10, 2017 January 10th, 2017

Arrowhead Provides Response to New Minority Shareholder Announcement January 7th, 2017

Harris & Harris Group Announces a Proposed Strategic Restructuring December 20th, 2016

Announcements

Biosensors: Distance makes the signal grow stronger March 1st, 2017

Smart multi-layered magnetic material acts as an electric switch: New study reveals characteristic of islands of magnetic metals between vacuum gaps, displaying tunnelling electric current March 1st, 2017

Bioinspired process makes materials light, robust, programmable at nano- to macro-scale: Ultralight web of silk nano fibers withstands load 4,000 times its weight February 28th, 2017

NovAliX Turns to High-Resolution Cryo-Transmission Electron Microscopy for Pre-Clinical Drug Discovery Research: Thermo Fisher Scientific’s Cryo-TEM provides critical information for small molecule and biologic drug discovery February 28th, 2017

Tools

NovAliX Turns to High-Resolution Cryo-Transmission Electron Microscopy for Pre-Clinical Drug Discovery Research: Thermo Fisher Scientific’s Cryo-TEM provides critical information for small molecule and biologic drug discovery February 28th, 2017

Atomic force imaging used to study nematodes: KFU bionanotechnology lab (head - Dr. Rawil Fakhrullin) has obtained 3-D images of nematodes' cuticles February 23rd, 2017

JPK selects compact tensile stage from Deben for their NanoWizard® AFM platform to broaden capabilities for materials characterisation February 22nd, 2017

Molecular phenomenon discovered by advanced NMR facility: Cutting edge technology has shown a molecule self-assembling into different forms when passing between solution state to solid state, and back again - a curious phenomenon in science - says research by the University of Wa February 22nd, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project