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.
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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.
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Contacts:
4th Floor Investment Group, LLC
Thomas Varga
(630) 225-5737
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