Current portfolio companies include:
Bernic Screw Products
This company was acquired to become a division of Long-Lok Fasteners Corporation (see below). It manufactures precision threaded hydraulic fittings and fasteners and related hardware for the military and aerospace markets.
A&W Screw Machine Products
This company was acquired to become a division of Long-Lok Fasteners Corporation (see below). It manufactures a line of MS and NAS threaded fasteners and related hardware for the military and aerospace markets.
Modulant Solutions, Inc.
This San Francisco based software developer was formed in 2000. The company develops enterprise software to solve complex application interoperability problems between disparate, heterogeneous software applications that were not originally designed to communicate and operate with one another.
Long-Lok Fasteners Corporation
This company acquired the assets of a subsidiary of The Whittaker Corporation. Long-Lok holds a variety of proprietary positions in self-locking fasteners used worldwide in the aircraft, aerospace, electronics and industrial fields.
Portfolio companies that we have divested include:
HD Republic, Inc.
HD Republic is a production company specializing in High Definition (HDTV) broadcast production. The company brings together a talented and creative group of individuals who are able to unlock the potential of the medium.
HD Republic produces television programming and television broadcast commercials as well as corporate HDTV production. The company was sold in 2009.
Presidio Media, LLC
This company was formed in 1997 to acquire the assets of Empower Media, a regional consumer-magazine publisher. The company specialized in publishing regional, advertising- driven monthly and weekly, paid and free circulation consumer publications. The assets of the company were sold in late 1998 to Emmis Media and in late 2000 to New Times Inc.
CSC/Lexington Media Corporation
This company was formed by First Lexington in October 1991 to purchase Sports Magazines of America, Inc. (CSC), publisher of college sports and hobbyist magazines. The acquisition became the cornerstone of a First Lexington special interest consumer magazine publishing company.
The company then expanded with the acquisition of the assets of Sports Tabloid Corporation, another sports publisher, in 1992 and the addition of several other add-on magazine acquisitions and magazine startups.
The assets of the company were sold in late 1998 to The Petersen Companies and Landmark Communications Corporation.
ESC Technologies, Inc.
This company was formed in March 1993 to purchase assets from The Penn Central Corporation. ESC Technologies manufactured most of the military connector accessories currently used in the United States. ESC Technologies also manufactured a wide variety of electro-mechanical components to commercial and military specifications. The assets and business of the corporation were divested by First Lexington in 1998 to the Glenair Corporation.
Rockwood Systems Corporation
This Company acquired the assets of a division of Gulf+Western (now Paramount Communications Corp.). Rockwood Systems Corporation was successor to an 85-year old manufacturer of fire protection equipment and ball valves for industrial and military use and an internationally recognized and respected name in the fire protection industry. The assets and business of the corporation were divested by First Lexington in 1990.
Barker Engineering Corporation
This company acquired the assets of a subsidiary of the Amerace Corporation. Barker Engineering was, under First Lexington's management, the leading manufacturer of eyeglass frame hinges and screws in the United States. Barker was divested by First Lexington in the 1980's.
Millers Forge, Incorporated
This company acquired the assets of a company owned by its founder. Millers Forge is a high quality, nationally recognized name in manicure and pet care instruments. It also distributes laboratory instruments. Millers Forge was divested by First Lexington in the 1980's.
This company acquired the assets of a company owned by the estate of its former owner. Swendeman is a specialty manufacturer of pressure relief valves used in cryogenic gas storage. Swendeman was divested by First Lexington in the 1980's.