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Grant Fraser, Navigator Business SolutionsThe Alerion Capital Group has made what was described as a major investment in Navigator Business Solutions. Navigator, based in Salt Lake City, Utah, is an SAP reseller and has been SAP Cloud Partner of the Year every year since 2009. "The investment by Alerion will help us advance and accelerate our highly regarded cloud first methodology to a broader reach," CEO Grant Fraser said in a prepared statement.

Navigator had $13.5 million in revenue last year and says it is on track for $16 million in 2016. It has 70 employees in offices in the United States and Canada. Ranked No. 41 on Bob Scott's Top 100 VARs for 2015, Navigator carries a broad range of SAP products—SAP Business One, SAP Business ByDesign, SAP Business One Cloud and SAP Anywhere. Based in Scottsdale, Ariz., Alerion is a private equity and management advisory firm investing in technology sector later stage, middle market companies, according to a description on its LinkedIn page.

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