Stripes Group is a private equity and venture capital firm based in Manhattan, New York, established in 2008.
Stripes Group invests primarily in:
- Internet
- SaaS
- Digital Media
- Software
- Health Technology
- Financial Technology
- Information technology
- Ecommerce
- Consumer Branded Products Business
Stripes Group focuses on acquiring well-developed start-ups, and generating $ 10-100 million of investments in small companies. Stripes Group currently has $ 1.5 billion in assets under management, and 18 investments. The company's investment portfolio includes Blue Apron, Seamless and Refinery29.
Video Stripes Group
Histori
Stripes Group was founded by Kenneth Allen "Ken" Fox, an entrepreneur and investor born in Philadelphia, Pennsylvania. In 2000, Fox was recognized as Ernst & amp; Young Entrepreneurs of the Year.
Although Fox has started as an investment banker at Goldman Sachs, he left his position in 1994. Since then, Fox has established various companies, including Internet Capital Group, ICG Asia, Syndero, A10 Capital, Sentinel Fund and Stripes Group. Fox has also led investments in more than 35 companies and took two companies that he started publicly. In 1999, Internet Capital Group, a publicly funded venture capital firm founded by Fox, has a market capitalization of nearly $ 60 billion.
Maps Stripes Group
Investment
Stripes Group specializes in growing growth, growth equity, additional acquisitions, mid-market, independent investments, divestitures, management purchases, purchases, personal transactions, old business, next steps, industry consolidation, recapitalization, and more. Stripes Group uses various "M & amp; A" strategies (mergers, acquisitions and joint ventures) as solutions for portfolio companies that seek to increase shareholder value or reduce shareholder risk. In addition, companies seek relatively mature companies seeking capital expand or restructure, enter new markets, or finance significant acquisitions from other companies without changing business control.
The Stripes Group invests in companies with assessments of up to $ 300 million and EBITDA between $ 2 million to $ 20 million, and revenues of more than $ 15 million or greater than the 20 percent annual revenue growth. Stripes Group is also open to invest together, with the management team becoming a significant equity shareholder. The Stripes Group looks for a way out between two and four years.
In addition, the Stripes Group includes potential target investment criteria to be:
- Sector: Internet, Software as a Service, IT Health Services, Consumer Branded Products
- Equity Check: $ 10 - $ 100 million per transaction
- Agnostic Controls: Purchase or minority transactions
- Geography: North America or Western Europe
- Profitability: Break-even up to $ 20 million EBITDA
- Scale & amp; Growth: More than $ 10 million in revenue follows
- Founder Supported: Significant founding liquidity
- Previous Ownership: Limited initial capital
Stripes Group emphasizes the entrepreneurial spirit and partnership on acquisitive relationships with the companies they invest in. Stripes Group has stated:
"We partner with entrepreneurs and executives operating in fast-growing and profitable consumer technology and consumer products with the simple goal of maximizing shareholder value appreciation while reducing operating risks.We make minority or majority investments in companies profitable by a proven business model that delivers distinct value to customers. "
The list of portfolio investment and Stripes Group commitment modal includes:
References
External links
- Official site
Source of the article : Wikipedia
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