Past Investments

SmithBucklin is the world’s largest association management and professional services company providing flexible, tailored full-service management and function/project-specific services to more than 185 trade associations, professional societies, technology user groups and government institutes/agencies. SmithBucklin’s mission is to drive growth and build sustained competitiveness for client organizations. Founded in 1949, the company employs 585 professionals specializing in all phases of association activity including executive management, member and chapter administration, convention and trade show management, marketing and branding, Web services, education and programs, government relations and financial management. SmithBucklin was sold to an ESOP in June 2005.

SC sponsored a recapitalization of Cortz, Inc. d/b/a In The Swim. ITS is the leading direct marketer of pool supplies, equipment and accessories to residential and commercial customers. SC partnered with ITS management in completing this transaction. SC and management leveraged ITS' strong reputation and leading position in the catalog and Internet channels to substantially grow the Company's revenue and earnings. ITS acquired Poolside Express in April 2003. ITS was sold to AEA Investors in February 2005.

SC participated in a "going private" transaction for Wilmar Industries, Inc. led by Parthenon Capital. In September 2000, SC made an additional investment in support of Wilmar's acquisition of Barnett, Inc. Together, these companies combined to form a leading direct marketer and distributor of maintenance, repair and operations (MRO) products. These products include plumbing, electrical, hardware, security hardware, HVAC and other related items. In addition to the Wilmar and Barnett brands, the portfolio also includes Sexauer, Trayco, Hardware Express, Maintenance USA, U.S. Lock and Leran. While the individual brand names are still utilized in the marketplace, the corporate entity was re-named Interline Brands to symbolize the multiple brands, serving multiple markets that are united on a common fulfillment platform. Interline completed an IPO in December 2004 and SC sold its shares during the period December 2004 – November 2005.