CLOs on the Move


 
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Smith Power Products, Inc.

Smith Power Products, Inc. is a leading distributor and service provider of heavy-duty and semi-truck parts, repair, and maintenance in the Western United States. Founded in 1952 and headquartered in Salt Lake City, Utah, the company employs approximately 270-360 people and generates annual revenue of $93 million. The company offers a range of services, including heavy-duty and semi-truck repair, 24-hour emergency service, full maintenance agreements, machine shop services, and engine repowering to meet emission standards. Smith Power Products is an authorized distributor for major manufacturers such as mtu-Rolls-Royce, Detroit-Diesel, and Allison Transmission, and is part of the WheelTime network for quality parts distribution. With six distribution centers across the Western United States, the company ensures prompt delivery of spare parts and technical support to a diverse customer base, including mining companies, oil field contractors, and government agencies.

MGT

MGT is a national technology and advisory solutions leader serving state, local government, education (SLED) and targeted commercial clients. Our specialized solutions solve the most critical issues that live at the top of our clients leadership agenda. We partner to help clients build resilience, implement systematic change and strengthen their foundations, now and for the future. MGT is committed to impacting communities for good. For more information, visit us at mgt.us.

Kersia, inventing a food safe world

Kersia Group is a global leader in biosecurity and food safety, focused on ensuring the safety of food production, processing, distribution, and consumption. The company aims to create a food-safe world by providing innovative and sustainable solutions that prevent diseases and contamination throughout the food supply chain. Kersia offers a variety of services to enhance food safety and operational performance. These include plant sanitation assessments, inventory usage management, annual cleaning validation, routine plant visits, and sanitation audits. The company collaborates with clients to optimize sanitation programs, ensuring high hygiene standards and compliance with regulatory requirements. With a significant presence in the United States and headquartered in France, Kersia USA specifically addresses food safety challenges in the meat and poultry processing sectors. The company is dedicated to supporting various industries, including dairy and healthcare, by delivering tailored solutions that enhance operational efficiency.

Elementary

Elementary is a company specializing in advanced machine vision inspection, utilizing AI and automation to enhance manufacturing processes. Founded in mid-2017 by experienced professionals from various sectors, the company aims to develop a new generation of manufacturing products that rely on computer vision and AI. Their platform automates traceability scans and integrates AI, machine vision, and automation into production lines. This approach focuses on improving quality, traceability, and root cause analyses, making manufacturing processes more efficient. Elementary emphasizes a human-in-the-loop strategy, enhancing collaboration between humans and machines to optimize working conditions and outcomes. Based in Los Angeles, California, Elementarys team includes roboticists, computer scientists, designers, and engineers. The company has attracted significant funding, including a $30 million Series B round led by Tiger Global, to support its innovative solutions in manufacturing. Their technology is utilized by notable clients across various industries, including Toyota in the automotive sector.