Tregaron Capital has sold its portfolio company, Economic Modeling (EMSI), a provider of employment data and economic analysis to Career Builder. Tregaron Opportunity Fund I, which acquired EMSI in February 2010, realized a 6.8x return on the fund’s investment in the company.
EMSI is a provider of employment data and economic analysis via web tools and custom reports, producing impact analysis for colleges and universities throughout the US and internationally. The company has 40 employees and is based in Moscow, ID (www.EconomicModeling.com).
Tregaron Capital was formed in 2001 to invest in small and medium-size companies with EBITDA between $1 million and $5 million that are based in the western United States. The firm makes both mezzanine debt and equity investments, typically in amounts from $2 million to $5 million. Tregaron Capital is based in Palo Alto, CA (www.tregaroncapital.com).
To date, Tregaron Opportunity Fund I, which was established in 2010 with $65 million in capital under management, has achieved over a 40% per year compounded net annual return on capital, including five debt and/or equity investments.
© 2012 PEPD • Private Equity’s Leading News Magazine • 9-20-12
