Greenwood Village, Colorado (June 5, 2001) - Mankwitz Kurtz Investments, LLC (MKI), is pleased to announce its acquisition of controlling interest in The Isera Group of Santa Barbara, California (www.isera.com).
The Isera Group develops software for use in the military and commercial markets. In the military arena, The Isera Group develops and maintains complex software used to schedule jet fighter pilot classroom and air training. Isera's military customers include the United States Military and the German, Canadian and Australian Air Forces.
In the commercial arena, The Isera Group develops and maintains software that analyzes the need to economically deploy personnel and its software schedules the use of such personnel for maximum efficiency and minimum cost. Its products are currently used in the emergency medical services business by ambulance companies around the United States.
"Acquisition of The Isera Group is the first of what we expect to be several acquisitions in the scheduling software business," said Van Mankwitz, co-managing member of MKI. "The Isera Group provides MKI with an outstanding platform for further internal and external growth."
Mankwitz Kurtz Investments is a private investment firm that provides mezzanine and equity capital to small and middle market companies.
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