C&E's investments span a wide range of industries, and our portfolio companies employ a variety of different business models. We seek companies that not only offer the prospect of attractive financial returns, but also have the potential to contribute more broadly to economic growth in Tennessee.

(ANS) provides outsourced IT services to small and medium business customers. The company specializes in managed services, support and maintenance and offers third party products as a value-added reseller. ANS allows smaller companies to leverage IT expertise and resources formerly only available to enterprise customers and to do so on a subscription basis. The company has gained significant knowledge of best IT service practices for companies in specific industries, particularly community banking and healthcare, both highly regulated industries with specific IT needs.

CapControls is a web-based platform that serves as the system of record for the administration of private company ownership from a legal, tax, accounting and investor relations perspective. The system facilitates the data, workflow and administrative processes for option plan administration and investor relations (contact, notices, advisors, board communications, etc.). It also assists with financing scenarios and exit waterfall analysis with a detailed, recursive analytical model that can facilitate complicated cap structures, preferences, conversion break points, anti-dilution and carve outs, etc. with an easy-to-use tool that is made available to users as needed.

Energy Source Partners provides solar generating facilities for its clients. The company designs, installs and maintains all associated solar equipment. Clients receive low-cost electricity with long-term pricing stability, a smaller carbon footprint and a greener public image. Typical clients include commercial and retail businesses, and the company has also received interest from several healthcare facilities. Installations are typically done on rooftops, and the company also works with the Tennessee Valley Authority (TVA) through a generation partner agreement. The company uses solar panels that are manufactured at the Sharp Manufacturing Company facility in Memphis, Tenn.

FSi provides custom supply chain solutions to its customers, designing unique services in a turn-key fashion. The company employs advanced management software, experienced people, a low-cost print and supply network and a large distribution center – with security and quality controls that meet the highest industry standards. FSi has the capabilities to manage every aspect of the supply chain for its customers, including on-demand printing, mailing, procurement, kitting, warehousing, inventory management and shipping and distribution. The company also acts as an outsourcer for back office functions such as administration and reporting, billing, finance and tax and legal compliance. The company serves customers across healthcare, manufacturing, insurance and retail.

NuScriptRX is a mail order institutional pharmacy. The company uses just-in-time delivery and on-site automated dispensing to provide timely, cost effective and safer medication administration processes to the long-term care industry, primarily skilled nursing facilities. NuScriptRX’s short cycle business model combines central pharmacy automation systems, local on-site systems and integrated internal and web-based software. This enables the company to provide a higher level of service, while saving customers money through a reduction in drug waste and improving safety.

Payment America Systems is a provider of outsourced revenue cycle services principally providing patient-responsibility receivables processing on behalf of health systems. The company manages receivables and executes business process solutions for more than 1,000 facilities nationwide and has managed in excess of $2 billion of receivables for clients over the past decade. Payment America remains at the forefront of technology and innovation in healthcare. In 2010, the company launched a data analytic solution which gives clients a longitudinal view into their patient-level profitability by providing transaction analytics.
© 2011 Council & Enhanced TN Fund, LLC