 | Leveraged
buyout of System Software Division of Dun & Bradstreet Software Group, 1985: Creation
of Vanguard Atlantic Financial Corp. to manage the liquidation of selected D&B
software leases;
|
 | Formation
in April 1985 of TSI International Ltd. TSI, renamed Mercator
Software in early 2000, is the leading supplier of data transformation
"middleware". Vanguard Atlantic participated in four subsequent finance rounds
leading to a public offer (NASDQ:MCTR) in 1997;
|
 | Formation
of Document Systems Inc. in 1986. DSI provides full text indexing and search software for
very large data retrieval applications. Vanguard Atlantic participated in one subsequent
financing round prior to its sale to AMS in 1992;
|
 | Formation
of Decision Technology
Inc. in 1986. DTI supplies advanced data extraction and reporting software. DTI
was sold to its management group in 1990;
|
 | Purchase
of controlling interest in Information Science Inc. (NASDQ: INSI) in 1988. All Information
Science assets were sold to Computer Associates in 1990;
|
 | Formation
of ECsoft
in 1990. ECsoft is a pan-European supplier of client-server and
Year 2000 consulting and project management services. ECsoft
made an initial public offer of its shares in 1996 (NASDQ:ECSGY);
|
 | Creation
of EDventure
Ventures in 1994. Vanguard Atlantic acts as both co-general (with Managing Partner Esther Dyson)
and as lead limited partner. EDventure Ventures invested in Eastern European
technology startups and expansions, e.g., Scala Business Solutions, Poland OnLine, New World Publishing and
others. The fund distributed its assets to the partners in 2002;
|
 | Formation
of Axolotl Corp. in 1995.
Axolotl provides collaborative clinical messaging systems to link ambulatory care
providers to their healthcare partners and to each other. Vanguard Atlantic invested
in Axolotl's first, third (1998), and fourth (2001) rounds;
|
 | In 1997
Vanguard Atlantic was one of the initial limited partner investors in Novak Biddle LP.
In 1999 and 200 Vanguard Atlantic invested in the Novak Biddle Venture
Partnerships II and III.
|
 | In late
1998 Vanguard Atlantic made a seed investment in Engenia Software Inc. Engenia's enterprise
management software helps companies manage and implement large scale programs to create a
"coordinated enterprise" based on business goals and strategies.
In 1999 Vanguard Atlantic joined with St. Paul Ventures and others in
Engenia's second $6 million round.
|
 | In
October, 1999 Axolotl merged with AccentHealth. AccentHealth subsequently
change the corporate name to Axolotl
Corporation. while retaining the AccentHealth mark for its patient
portal. Vanguard Atlantic became the largest single shareholder in
the merger.
|
 | Between
1998 and 2000 Vanguard Atlantic Ltd. made real estate investments in
Colorado, New York, and Paris, France. These properties are held
either for capital appreciation and/or to serve as the locations for new
start-up businesses.
|
 | In
March, 2000 Vanguard Atlantic Ltd. formed VAL e-Investments L.P., a venture
fund managed by ex-Vanguard Partner Jan D. Rumberger.
|
 | In
April, 2000 Vanguard Atlantic Ltd. invested in ALARA,
Inc. a manufacturer of digital dentistry, bone mineral density, and
computer-based (non-film) radiography devices.
|
 | In
May, 2000 Vanguard Atlantic Ltd. provided seed funding to Cinemetrix,
Inc. Cinemetrix creates custom animation for E-commerce
and other sites needing positive feedback and improved accession
costs. In
June 2001 Vanguard Atlantic Ltd. provided second round funding to Cinemetrix.
|
 | In July
2002 Vanguard Atlantic Ltd. joined with Tudor Equity and other prior
investors in a $17.5 million fourth round of funding for Axolotl
Corp.
|
 | In 2003
Vanguard Atlantic Ltd. joined with St. Paul Venture Capital, Novak Biddle
Venture Partners, the Dominion Fund, and others in providing bridge
financing to Engenia Software Inc. prior to it launching a Series D
preferred round of financing.
|
 | On
September 5, 2003 Vanguard Atlantic Ltd. led a $1 million Series G preferred
round of financing at Alara,
Inc., to assist the company in the launch of
its imminent Computerized Radiology (CR) product, CrystalView.
CrystalView, a low-cost desktop digital CR product aimed at decentralized
processing of radiographic images using standard xRay sources with
replacement "film" canisters that are actually reusable storage
phosphor screens, will be launched at the RSNA radiology show in Chicago at
the end of November.
|
 | On
September 12, 2003 Ascential Software Inc. announced that it had completed
the acquisition of Mercator Software in a public tender. Vanguard
Atlantic tendered all of its shares in Mercator in the merger.
Ascential was subsequently acquired by IBM.
|
 | In
October, 2004, Conamara Partners managed the purchase of Axolotl's
AccentHealth division for a combination of cash and debt.
|
 | In
April, 2005 Vanguard Atlantic Ltd. and Asset Management Company provided
Alara, Inc. with $1.75 million of new capital to complete the CrystalView
line of desktop Computerized Radiography (CR) devices. In November
2005 they provided Alara with an additional $1.75mm line of credit to be
used in the marketing and distribution of CrystalView.
|
 |
In March 2006 Axolotl
completed a share repurchase and sale that left Vanguard Atlantic, who
declined to sell shares in the offer, as the majority shareholder of
preferred shares.
|
 |
From 2006 until present
Vanguard Atlantic has invested an additional $2 million in Alara, matched
pro rata by its other partners.
|
 |
In March 2008 Vanguard Atlantic made a small ($250,000)
minority investment in Packaged Business
Solution, International
|