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Rocky Point Ventures was founded in 2006 as a private family office in Austin, Texas. Traditionally, RPV has focused on early-stage investing in technology and biotechnology start-ups. Although RPV continues to make these types of investments, they have also begun to seek buyout opportunities. They typically look for companies with $5.0 - $20.0M purchase price and $1.5 - $4.0M EBITDA. Rocky Point manages the capital of Wally Loewenbaum, who serves as Chairman of the Board of Luminex Corporation (LMNX) and 3D Systems (DDD). Mr. Loewenbaum served as Chairman and Chief Executive Officer of Mumboe Corp. (f/k/a Finetooth Corp.), a provider of contract management solutions, from February 2002 to December 2011. Additionally, from July 1999 through 2003, he served as a member of LeCorgne Loewenbaum & Co., LLC, an investment banking firm. From April 1990 until June 1999, he served as the president, chairman and chief executive officer of Loewenbaum & Company, Inc. (f/k/a Southcoast Capital), an investment banking company. Mr. Loewenbaum also has served as chairman of the board of directors of 3D Systems since September 1999, and was previously chairman of the board of directors of Envoy Corporation.
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