Crossflo's designation as a private company
c. Subsidiaries
A subsidiary is a distinctly separate firm controlled by a parent company. A subsidiary is referred to as "wholly owned" when 100% of its stock is owned by its parent company. Large publicly held multi-national companies often own dozens of smaller privately owned subsidiaries for which financial information is filed under the name of the parent company. As a result, having knowledge of whether a private firm is a subsidiary of a public corporation is extremely important when looking for company information.
For example:
Travelscape, Inc., a leading merchant of hotel rooms, is a wholly owned subsidiary of Expedia, Inc., which is a wholly owned subsidiary of InterActiveCorp, a publicly owned media conglomerate that owns Home Shopping Network, USA Networks and Ticketmaster
http://www.ll.georgetown.edu/guides/...
Be well