EnVision Capital has made an undisclosed investment in KB Enterprises LLC. Based in Laramie, Wyoming, KB Enterprises is a tech firm.
DENVER, Jan. 29, 2015 /PRNewswire/ — enVision Capital, a mid-stage private equity firm and division of management consulting firm, enVision Business Consulting, today announces it has acquired a stake in Laramie, Wyoming-based technology firm, KB Enterprises, LLC.
KB Enterprises is an innovative driven company that is working on numerous breakthrough technologies, including a new method for grain fumigation to replace the use of highly toxic methyl bromide, which is currently used in today’s fumigation processes.
KB Enterprises board member, Charles Pelkey, says, “With the backing and support from enVision Capital, I feel confident that our work will continue to ensure that new green technology will one day serve to replace the dangerous chemicals used today in the fumigation industry worldwide.”
Robert Novick, Managing Partner of enVision Business Consulting and enVision Capital, says, “We look to invest in companies that have strong management teams and who have market leading or breakthrough products and technologies. KB Enterprises not only has such attributes, but also is well positioned to realize substantial and sustainable growth in the near future. We are proud to be able to support and partner with this innovative technology company.”
Terms of the deal were not disclosed. For more information, please visit www.envision-bc.com or contact enVision Business Consulting at (720) 399-5060.
About enVision Capital®
enVision Capital®, a division of enVision Business Consulting®, is an integral part of the enVision ecosystem. The company invests in established companies mainly located near enVision’s key markets (NY-NJ, Milwaukee-Chicago, and Denver-metro) and that have annual revenues between $2-$8 million. Portfolio companies benefit from enVision’s organizational and operational expertise to accelerate the growth of their enterprises.
enVision Business Consulting®
enVision Capital’s parent company, enVision Business Consulting®, was founded in 2009, and offers strategic business solutions, as well as recruitment and talent services. enVision Business Consulting® is a rapidly growing consulting firm. In 2013 and 2014, Inc. Magazine named enVision as one of the fastest growing companies in America. In 2014, the company was named one of the Top 50 Colorado Companies to Watch by ColoradoBiz magazine. For more information, visit www.envision-bc.com.