AFG Ventures forms investor groups in which Allegheny Financial Group principals partner directly with our accredited investor clients to provide buyout and growth capital to the small and medium enterprises that power the United States economy.
Utility Pipeline (UPL) was established in Ohio in 1995 to provide natural gas to communities not served by Ohio utility companies. The company enters into strategic relationships with natural gas cooperatives, public utilities and other entities to bring service to rural communities, subdivisions, and others. UPL has since expanded its geographic footprint to Virginia and West Virginia. The company currently provides natural gas service for nearly 50,000 end users.
Prime Hospitality Group is headquartered in Lawrenceburg, Tennessee. The company manufactures furniture and case goods for the hospitality industry. Prime Hospitality’s customers include a number of major hotel brands.
Prime Hospitality Group has also acquired ownership stakes in two related businesses:
- Mid-South Drapery produces window treatments and custom bedding for hotels and healthcare facilities in the United States, Bahamas, and the Virgin Islands. The company is located in Belmont, Mississippi.
- Silver Threads is a Plain City, Ohio-based provider of custom window treatments. The company has been manufacturing products for the residential, commercial and hospitality markets for over 30 years.
PECA Labs is a Pittsburgh, Pennsylvania-based company spun out of Carnegie Mellon University and the University of Pittsburgh. The company is focused on developing improved devices for cardiothoracic and vascular surgery in collaboration with surgeons from around the world.
Visterra is a clinical-stage biopharmaceutical company applying a novel therapeutic platform for preventing and treating infectious diseases such as influenza A and Dengue.
Hardy Machine is a precision machine shop in Hatfield, Pennsylvania. Its customers operate in various industries, including medical, fluid and gas control, electronics, semiconductors, aerospace, rail transport and water purification.
Crystek manufactures high-performance components for RF microwave and frequency control. Its products are used in many industries, including telecoms and aerospace. Crystek was founded in 1958 and is headquartered in Fort Myers, Florida.
AC Electric sells and services AC and DC electric motors, generators and related electrical equipment throughout Maine and the Northeast United States. It was originally founded in 1950 by Charlie Austin and Roland Clark. Today, AC Electric operates facilities in Auburn and Bangor, Maine.
PRN Health Service
PRN Health Service offers home care, private care, and transportation services across several Western Pennsylvania counties. PRN’s staff includes in-home nurses, physical therapists, occupational therapists, speech therapists and certified home health aides. The company was founded in 1979 and is based in East Pittsburgh, Pennsylvania.