Broadview Group Holdings, LLC, a leader in direct middle-market investing, announced today its investment in Solution Matrix, Inc. in conjunction with EXI Investment Partners, management, and other co-investors. Terms of the transaction were not disclosed.
“SMI is a really good business and a great example of our focus on truly differentiated engineered products companies,” said Clay Hunter, Co-Founder and Chief Executive Officer at Broadview. “We believe the combination of the Company’s top-tier customer service and differentiated product offering will continue to drive long-term growth. Rick Sell, the president of SMI, and his team have done an excellent job in developing a robust product portfolio that has been widely accepted by healthcare professionals nationwide as the premier solution for cold therapy compression needs.”
Solution Matrix was advised by Benchmark International in connection with the transaction.
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