MRE PARTNERS MISSION
MRE Partners primary mission is to be the partner of choice for mid-market privately held family businesses that seek a partner to help support continued growth in large, fragmented industries over long periods of time.
We are industry agnostic; we invest our own capital, have a truly long-term investment horizon and most importantly, we are operators, and have spent most of our careers in the trenches building companies, building teams, and building long term relationships with customers.
MRE PARTNERS MANIFESTO
We are not a private equity firm. We are operators with capital.
We have a truly long term horizon, and we invest our own capital with a multi-generational timeline.
We are not passive investors, but we have no interest in playing any kind of operational role. We are very happy to be active board members.
We love a focus on growth - scaling a business from the lower-mid or mid-market to a large company is our sweet spot. Our Growth Company Playbook is the foundation of our approach.
We believe business is personal and we care about relationships. We want to work with people that we respect and enjoy spending time with. Life is too short.
We love M&A as a strategy and appropriate leverage.
We are happy to consider both minority and majority investments as we have a people first mentality.
We are good coaches and understand our role.
We are industry agnostic but highly disciplined; no startups (we don’t do venture capital) and no turnarounds.
We believe in financial discipline and being good stewards of capital.
Download our Whitepapers
Growing, Scaling and Building a Great Company
Insights from a CEO who built a small company into a large company over 30 years.
Working with MRE Partners
How working with MRE Partners can help you establish a growth agenda to build a great company
Our Approach
We seek to partner with management teams to invest in and grow market leading businesses with a long term perspective.
focused on long term value creation
We provide patient and flexible capital along with a operating expertise with a focus on materially scaling businesses over long periods of time. We generally seek profitable businesses with at least $10.0 million of annual revenue with the potential to scale to $500.0 million or more. We generally focus on leveraged buy outs, build ups and growth equity investments and rarely do early stage or venture investments.
We are interested in backing teams who are interested in growing high quality operating businesses over multi-decade time horizons. We are industry agnostic as long as there is an opportunity to build a truly scaled business of $500.0 million or more. We don’t do start ups. We don’t do turn arounds. We back young talent and help guide them in developing and growing a business at scale. We use only our own capital and ultimately want our management teams to become majority owners.
We are generational investors focused on long term value creation and not IRR targets. We believe private equity is too short term focused and most businesses are sold too early to satisfy the short term need of investors, or worse yet, to satisfy impatient management teams.
LET’S WORK TOGETHER
If you truly want to build and scale a long term and scaled business and have a target in mind we would love to talk.
INVESTMENT CRITERIA
Revenues in excess of $10.0M, EBITDA of at least $1.0M
Target initial equity checks up to $100M
Large and fragmented markets
Profitable (we don’t do turnarounds)
Limited customer concentrations
Committed management teams with a long term focus (Generally 20 years+)
Current Portfolio
DJ’s Landscape Management
Investment Date: 2024
DJ’s is a full-service grounds management company serving commercial clients in landscaping and snow services. The Company serves the Midwest market from 9 locations across Michigan.
CURATED EVENTS
Investment Date: 2023
Curated Events is the premier event service provider in the Eastern US. The Company offers the most diverse variety of event products and services, including tenting, linens, fine china, flatware, custom flooring, luxury furnishings, and tables and chairs. Curated’s unique value proposition caters to premier events and supports venues, event planners, and consumers throughout the Southeast and Mid-Atlantic region and beyond.
SANDLER
Investment Date: 2022
Sandler is a full-service professional development and training organization serving large multi-national companies as well as small-to mid-sized businesses. We offer a full suite of results-driven training solutions designed to address a wide range of business issues in sales, management and leadership.
Mission Bbq, LLC.
Investment Date: 2021
Mission BBQ is one of the nations fastest growing fast causal restaurants in the United States with more than 112 locations across 18 states. It was founded on the 10 year anniversary of September 11 terror attacks in a suburb of Baltimore. Mission BBQ has two high level goals; serving those who serve and delivering a great fresh barbecue product, no freezers and no microwaves.
ADVANTAGE SERVICES GROUP
Investment Date: 2020
Advantage Services Group is a leading home services business in the western part of the United States providing HVAC, plumbing and electrical services across 8 locations in Oregon, California and Colorado.
Vetley Capital, LLC.
Investment Date: 2020
Vetley Capital is a veterinary real estate investment firm based in Annapolis, MD. Vetley leverages a permanent capital base to acquire, build and manage a portfolio of veterinary real estate assets nationwide.
WBX Commerce
Investment Date: 2019
WBX Commerce is an ecommerce decisioning platform that empowers brands with the insights and expertise needed to grow profitably on Amazon and other key channels. We offer advertising managed services and self-service tools to make your in-house team more powerful.
Greenberg Gibbons Commercial
Investment Date: 2018
Greenberg Gibbons is one of the Mid-Atlantic region’s premier developers of mixed-use, town center and retail properties. The company has developed and managed over 7.5 million square feet of mixed-use projects which include award-winning new construction and revitalization projects such as Hunt Valley Towne Centre, Annapolis Towne Centre, The Village at Waugh Chapel, Waugh Chapel Towne Centre, Towne Centre at Laurel, Foundry Row and The Shops at Kenilworth.
Quality Brands Group, LLC.
Investment Date: 2018
Quality Brands Group is one of the largest owners and operators of Dunkin Donuts franchises across Arizona, Colorado, Nevada, Texas, and Florida.