Draft:Cranemere Group

  • Comment: The sources don't seem to mention Cranemere? DoubleGrazing (talk) 15:36, 15 November 2023 (UTC)

The Cranemere Group is a privately owned holding company, founded by Vincent Mai in 2014, who is also Chaiman and CEO.[1]

Cranemere takes a long-term view funding capital investments and acquisitions, due to its time horizon and holding company structure. Private equity firms invest in operating businesses generally with a three to six year hold period, when the business is often sold to a new company. A holding company can be far more flexible, often holding their investments in portfolio companies forever. [2]This is made possible by the source(s) of capital deployed when investments are made. This longer time horizon approach allows holding companies, like Cranemere, to invest in and build companies, while supporting them in their development.

Cranemere includes shareholders such as Sovereign Wealth Funds, family offices, and institutions.[3] A majority of Cranemere’s management team and directors are also shareholders. Shareholders have governance rights to maintain alignment between management and investors. The company has partnered with seven platform companies: NorthStar Anesthesia, Outpatient Imaging Affiliates, Engineered Stone Group, Velocity Vehicle Group, Crossroads Equipment Lease and Finance, System Pavers, and Exemplis Corp. [4]

The Cranemere team, under Mai’s leadership, works in partnership with the management teams of these companies to invest behind a long-term strategy to accelerate growth. Cranemere was founded on the principle of inclusive stakeholder capitalism and long-term investment, with the integration of sustainability and social impact into Cranemere’s business activities.[5]

References edit

  1. ^ Sharma, Shikha (2017-10-02). "PitchBook". Journal of Business & Finance Librarianship. 22 (3–4): 244–247. doi:10.1080/08963568.2017.1372017. ISSN 0896-3568.
  2. ^ "What's the difference between a holding company and a private equity firm?". Quora. Retrieved 2023-05-30.
  3. ^ Wang, Peng; Peterson, Steven (2019-04-26). "Long-Run Management of Private Equity Investment". The Journal of Private Equity. 22 (3): 30–42. doi:10.3905/jpe.2019.1.083. ISSN 1096-5572. S2CID 159282616.
  4. ^ "3.6. Long‑term fiscal story". doi:10.1787/563127782352. Retrieved 2023-05-30.
  5. ^ "S&P Global Homepage | S&P Global". Retrieved 2023-05-30.