Business Overview
Founded in 2003, Thinklogical is widely regarded as one of the world’s foremost developers and manufacturers of high performance fiber-optic-based video and KVM switching and extension equipment. The Company’s products are used for real time enterprise video management (including switching and transmission of high quality video and peripheral signals) across a variety of end markets, including military, aerospace, command and control, entertainment, broadcast, medical, security and auditorium applications.
Organizations, governments, broadcast networks and post-production studios worldwide rely on Thinklogical's products and solutions for optimal performance in secure visual computing environments. Thinklogical’s equipment is typically used for mission critical applications involving high bandwidth and secure computing applications. Its customer base is comprised of blue chip defense, security, broadcast and video production companies including Northrop Grumman, Panasonic, Boeing, Fox, HBO, The Mill Studios, NASA, NATO, ESPN, the CIA, the FBI and the US departments of Defense and Justice.
Investment Summary
The five founders and managers of Thinklogical have worked together as a team for over twenty years. After having successfully founded 2 related businesses, in 2003, they founded Thinklogical, building the Company into a highly specialized technology business with a heavy focus on research, development and engineering. The Thinklogical team was seeking an investment partner with substantial hands-on experience scaling the operations of rapidly growing technology companies to help them achieve their goals of accelerating the companies expansion.
Riverside’s investment strategy for Thinklogical centered around the company’s technology leadership, product development and engineering expertise which is enabling the company to benefit from the very attractive trends driving high definition video management applications. The company’s longstanding strategic relationships with a number of blue chip OEMs and its experienced management team were also critical factors in our analysis. Post closing, the team at Riverside has been working closely with management to augment the company’s operational and financial capabilities as well as providing the company with ample growth capital to continue to serve its customers well.