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VINCE MONTEPARTE, CEO - MIRO TECHNOLOGIES, INC.

We wanted to do a buyout of the company we were running, which was a division of a larger company based in Europe. We were looking for financing to do the transaction and our attorney put us in touch with Solis. Our first meeting went very well. My first impression of Solis was that their interests aligned with ours. We had common goals. Speed of the transaction was critical – the parent had given us just 45 days to complete the transaction. Solis was able to close the transaction within this tight timeframe, just as they had promised.

Earlier in my career, I had the opportunity to work with many financial firms. My experience was them saying one thing and doing another. Solis is different. The partners have a true passion for our business.

 

 Solis delivers what they promise, letting us grow the company and helping us develop as business leaders.

When we first initiated the conversation, there was a lot of apprehension within the rank and file employees. They were afraid that Solis would turn around and sell the company to realize a quick profit. This was not their intent, and they have proved this over the time that we have worked with them. They support us in building true long term value.

Solis is skilled at looking for value inside the company and “between the numbers.” They find management that can produce growth and increase value. Whereas most private equity firms just look at the numbers and are ready to blame management when something goes wrong, Solis works with management to understand the company and work through issues as they occur. They are very focused on solid growth.

We work together very well. Of course we have differences of opinion, but we welcome the outside perspective. Often they come in with an idea, and we think, “Why didn’t we come up with this?”

Solis is confident enough to have an open door policy with their investors calling us directly for updates – this demonstrates a lot of trust on their part.

We could not be in a better situation in terms of an investor group, than with Solis. We know first hand of a lot of companies involved with investors where the relationships have not gone well, some having nightmare experiences. When I tell my peers of our relationship with Solis they are incredulous. I feel with this relationship, the stars aligned perfectly.

I would definitely work with Solis again in the future. This is a business relationship that I intend to keep throughout my lifetime.

 

 

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