Sun Well Service, Inc.
UIB Investment: 2008
Industry: Oil & Gas Services

UIB acquired a majority equity interest in Sun Well Service, Inc., in October 2008. Sun Well is a leading regional work-over services provider, operating 14 rigs throughout the Williston Basin of North Dakota and in surrounding states. The company provides a full complement of work-over services, including well completion and re-completion, rod and tubing work, and plug and abandonment capabilities. UIB Capital's involvement will enable Sun Well to continue to expand while maintaining its long-standing reputation for providing premium services to its impressive customer base. Sun Well's long-standing owner and management team continue to oversee daily operations. For more information, visit www.sunwellservice.com.

Open-Silicon
UIB Investment: 2007
Industry: Technology

Based in Milpitas, CA, Open-Silicon is a fab-less application-specific integrated circuit company, which designs and manufactures custom microchips for products used in consumers' day-to-day lives in the cellular wireless, set-top box, digital home, computer, and network communication industries. Open-Silicon's turnkey services include product definition, design engineering, wafer fabrication, package and assembly, test engineering, and logistics. UIB's recapitalization of Open-Silicon provided liquidity and capital to help fund an active, aggressive growth strategy. For additional information, visit www.open-silicon.com.

Victron
UIB Investment: 2007
Industry: Manufacturing

Victron, based in Fremont, CA, provides electronic manufacturing services for companies in the medical and laboratory sciences, industrial instrumentation, wireless infrastructure, and avionics sectors. The company focuses on complex, medium- to high-mix electronics, offering high-quality, cost-effective design, manufacturing, testing, and final assembly services. Victron is a fully outsourced solution for printed circuit board assembly and system assembly that meet and exceed customer requirements for volume, product mix, and complexity. UIB's majority investment is based on a shared vision with Victron's highly experienced management team on the continued excellence and growth of the business. For additional information, visit www.victron.com.

Precision Time
UIB Investment: 2006
Industry: Consumer

Based in Sandy, Utah, Precision Time is the leading provider of while-you-wait watch repair services, and also offers an assortment of fashion watches and watch accessories at company-owned kiosks and stores in shopping malls, in over 90 retail locations in 20 states. Precision Time plans to grow through further expansion of its retail footprint, in malls and other venues. UIB's recapitalization of Precision Time allowed for expanded ownership throughout the organization and provided a partner with consumer product experience to support growth. For more information, visit www.batteriesandbands.com.

Ellington Leather
UIB Investment: 2006
Industry: Consumer

Based in Portland, Oregon, Ellington is a lifestyle bag company, creating products sold under the Ellington brand, and having extensive private label clients. The company's products—available through specialty retailers in the U.S., online retailers, and in national catalogues—include totes, wallets, purses, travel bags, organizers, briefcases, portfolios, satchels, and duffels for travel, everyday, working out, or other uses. UIB's investment provided liquidity for Ellington's founders and an orderly transition of management to a new, outside CEO. Our investment continues to fund an active, aggressive growth strategy. For additional information, visit www.ellingtonleather.com.

The Gardens Residential Community
UIB Investment: 2004
Industry: Healthcare

Based in Orange County, CA, The Gardens operates residential care facilities that cater to seniors suffering from dementia who cannot be cared for at home and who require substantial personal care and full-time medical care as well as hospitality services such as meals, housekeeping, transportation, and social activities. This transaction is now exited.