Thompson Street Capital Partners (TSCP), a St. Louis, Missouri-based private equity firm, has announced the sale of its majority stake in Allied 100 to Ridgemont Equity Partners. Allied 100, headquartered in Wisconsin, is a leading online retailer of automated external defibrillators (“AEDs”) and AED supplies and a provider of AED medical direction services. Terms of the transaction were not disclosed.
Founded in 2002, Allied 100 (www.aedsuperstore.com) is based in Woodruff, Wisconsin, with an office in San Francisco, California to support its AED medical direction service operations. Serving more than 50,000 customers, including large and small businesses and government agencies, the company offers AED units and parts from all FDA-approved manufacturers and proprietary AED medical direction software, Arch, for AED program management.
According to Neal Berman, TSCP Managing Director, “Allied 100 was a very successful and exciting investment for our investors, the company’s executive management team, and TSCP. We worked closely with the company on a variety of initiatives that helped fuel its exceptional growth. Today Allied 100 is in an excellent position for continued success.”
The sale marks the first exit of a TSCP Fund III portfolio company.