Our Approach
MIP focuses on making investments in six core sectors: energy and natural resources; media and communications; sports and entertainment and sports; manufacturing and industrial products; consumer goods; and real estate. Our business strategy is underscored by our flexible yet disciplined approach to making investment decisions. This approach may take several forms:
Growth Financing. We assist in the provision of equity, senior debt and mezzanine capital to support the financial needs of companies at various stages of the business growth cycle. Our focus is on cash flow as well as asset quality for business that superior management teams, high growth potential, defensible market positions, and controllable exposure to cyclical risks.
Management Buyouts. We support the friendly acquisition by management of divisions or subsidiaries of parent corporations and closely-held businesses that are divesting for financial or strategic reasons. In many cases, such units are corporate "orphans" characterized by poor operating performance but possessing sound underlying economics. With a re-dedicated commitment to growth and the proper allocation of capital and other resources, management is then able to focus on improving the company's operational performance and market position.
Platform Build-ups. We join with proven management teams that seek to create growth platforms through initial acquisition of an established company that becomes the base for suitable follow-on acquisitions. This typically occurs in highly-fragmented industries exhibiting disorganized competition and low capital intensity. Conservative capital structures are normally employed, with provisions typically made for follow-on equity and credit facilities to support the timely and efficient build-up of a market leading enterprise.
Special Situations. We actively consider taking minority positions along-side lead investors in established companies, as well as emerging enterprises with re-capitalization or owner liquidity requirements. The Firm will also consider investment in under-performing businesses in otherwise strong markets that have failed to perform for a variety of reasons (i.e. improper capitalization or management turmoil), where injections of fresh ideas, managerial talent, and financial capital are likely to lead to substantially improved performance.
MIP focuses on making investments in six core sectors: energy and natural resources; media and communications; sports and entertainment and sports; manufacturing and industrial products; consumer goods; and real estate. Our business strategy is underscored by our flexible yet disciplined approach to making investment decisions. This approach may take several forms:
Growth Financing. We assist in the provision of equity, senior debt and mezzanine capital to support the financial needs of companies at various stages of the business growth cycle. Our focus is on cash flow as well as asset quality for business that superior management teams, high growth potential, defensible market positions, and controllable exposure to cyclical risks.
Management Buyouts. We support the friendly acquisition by management of divisions or subsidiaries of parent corporations and closely-held businesses that are divesting for financial or strategic reasons. In many cases, such units are corporate "orphans" characterized by poor operating performance but possessing sound underlying economics. With a re-dedicated commitment to growth and the proper allocation of capital and other resources, management is then able to focus on improving the company's operational performance and market position.
Platform Build-ups. We join with proven management teams that seek to create growth platforms through initial acquisition of an established company that becomes the base for suitable follow-on acquisitions. This typically occurs in highly-fragmented industries exhibiting disorganized competition and low capital intensity. Conservative capital structures are normally employed, with provisions typically made for follow-on equity and credit facilities to support the timely and efficient build-up of a market leading enterprise.
Special Situations. We actively consider taking minority positions along-side lead investors in established companies, as well as emerging enterprises with re-capitalization or owner liquidity requirements. The Firm will also consider investment in under-performing businesses in otherwise strong markets that have failed to perform for a variety of reasons (i.e. improper capitalization or management turmoil), where injections of fresh ideas, managerial talent, and financial capital are likely to lead to substantially improved performance.