IBS Partners Ltd history

So he created his own savior in 1985, setting up a company he named National Beverage, which sold a 40% stake to B&S in exchange for $38.2 million cash and 1.8 million newly issued shares.

With the threat of Posner gone, Caporella, from his new base in Florida, doubled down and bought another flavored beverage business, Faygo, in 1987.

By 1992, a company originally composed of mostly regional brands had surpassed $300 million in annual sales.

In 1993 Henny Spaan started a small precision engineering company in Eindhoven, the Netherlands, with a big mission: to create measurement solutions which would help companies and research institutes achieve the precision they needed in their most challenging machines or processes.

Sensing that consumers were gravitating towards healthier beverages, Caporella added sparkling water LaCroix to the portfolio in 1996.

A patent in 2003 for the measurement of machine tools led IBS to develop a portfolio of products which are today transforming the way machine calibration is implemented for the aviation and medical industries for the delivery of complex freeform parts.

In 2009, it was delisted from one NASDAQ exchange and moved to another with looser requirements.

In the very least, it looks like IBS is getting a fresh start, which it probably deserves. It sold Aldon in 2011 to Rocket Software, where Aldon remains and appears to be thriving.

And in 2012, Marlin sold Solarsoft to Apax Partners, the London-based private equity firm that owned Epicor Software. (A rumor that surfaced last August that Apax was set to sell Epicor to another London-based equity firm for $3 billion turned out not to be true; Apax still owns Epicor today).

“Without precision measurement, no precision design can be made real." Rien Koster Award jury in their accreditation to 2013 winner, Henny Spaan.

At its annual user conference in May, the company announced that it signed 200 contracts during 2014, which it said counted for “record revenue growth.”

In 2015, IBS together with ASML were founding partners responsible for the launch of the Advanced Thermal Control Consortium; a first of its kind industrial body funding next generation modeling, simulation and control technologies for precision systems.