Portfolio Companies
Currently Held Companies
- Anania Europe
- Mega Industries, LLC
- mWave Industries LLC
- L.C. Andrew–Maine Cedar Log Homes
- White Cedar Gazebos
- MCL Realty LLC
- Grow-Tech LLC
- Biovation LLC
- IMOS LLC
- Lighthouse Imaging Corp LLC
- The Science Source
- Traktec LLC
Previously Held Companies
www.Grow-Tech.com
Grow-Tech LLC, Lisbon, Maine, acquired in January 2010, is a spin-off from Rynel Inc. Grow-Tech provides growth media solutions for leading commercial growers and propagators in horticultural, forestry and hydroponics markets around the world. Grow-Tech was originally spun-off from Dole Food Company a manufacturer of stabilized growing media for planting seedlings, which is also fast rooting. The Grow-Tech process binds and forms organic materials into a high-tech, hydrophilic media. The result is a rooting plug with increased porosity, wicking, and water-holding properties while retaining its organic qualities. Concurrent with AAI’s acquisition, Grow-Tech hired an international industry veteran to be Managing Director and assist with the growth of the company. Grow-Tech’s innovative manufacturing technology and niche global market fits well with AAI investment criteria. Management anticipates strong growth as a result of the post acquisition plans being implemented at Grow-Tech.