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Consumer Products

Our investments in Consumer Products companies reflect the diversity of the Massachusetts economy, from Buxton wallets and Polar beverages to Harmonix Music Systems’ Guitar Hero.  A few of our portfolio companies are profiled below.

Exergen Corporation

Founded by Harvard research scientist Francesco Pompei, PhD., Exergen Corporation is the recognized world leader in industrial and medical non-invasive temperature technology.  Exergen creates non-invasive temperature measurement devices providing lower cost, higher accuracy, less invasiveness, and greater reliability than ever previously possible.  The Company created the first temporal artery thermometer – the Temporal Scanner ™, the most efficacious, non-invasive thermometer that takes a temperature in just two seconds.  The Temporal Scanner gauges body temperature by capturing the naturally emitted heat from skin over the temporal artery, which runs across the forehead and is directly connected to the heart via the carotid artery.  Exergen holds over 100 U.S. and foreign patents, and is the only manufacturer of retail medical thermometers in the U.S.  Presently, 30% of hospitals and pediatricians use the Exergen TemporalScanner, and well over 1 million consumers use one at home.  MCRC has supported the rapid growth of the business with 3 separate investments.

Visit Website: www.exergen.com

Harmonix Music Systems

Harmonix Music Systems is the leading developer of groundbreaking music-oriented videogames.  The Company was founded in 1995 by Alex Rigopulos and Eran Egozy who formed the company to invent new ways for non-musicians to experience the uniqueness that comes from making music.  Harmonix has developed Guitar Hero I and Guitar Hero II games, Karaoke Revolution Party, Amplitude, Frequency, Eyetoy and the Rock Band franchise.  Mass. Capital’s investment helped accelerate the development of several videogames.

Visit Website: www.harmonixmusic.com

Polar Beverages

Polar Beverages, the country’s largest independent soft-drink bottler, is a fourth-generation, family-owned business that traces its roots back to 1882.  Its proprietary brands “Polar” and “Adirondack” include over fifty flavors of seltzers, diets, traditional soft drinks and teas.  In addition to its own brands, Polar has the franchise rights to manufacture and distribute many other brands including Snapple, Nantucket Nectars, Monster Energy, Seven-Up, A&W and Sunkist.  Polar is also the leading private-label bottler serving virtually all the major supermarket chains in the Northeast.  Mass. Capital has invested in excess of $14 million in Polar in four separate transactions to support growth in working capital, the acquisition of Adirondack Beverages and the repurchase of stock from retiring family shareholders.

Visit Website: www.polarbev.com