Diversified Industrials, Infrastructure, Niche Manufacturers, and Distributors
Actagro is a leading national developer, manufacturer and distributor of environmentally friendly, organic plant nutrients with manufacturing facilities in California and Arkansas. Actagro’s products increase crops’ utilization of nutrients, help release nutrients already present in the soil, improve soil crumb, moisture retention and maximize overall nutrient application while increasing crop quality and yields. Actagro’s proprietary products are effective on a wide variety of crops, are particularly effective on heavily farmed soils and high value crops such as grapes (for wine), vegetables, fruits and berries, citrus and nuts.
Actagro was acquired by Norwest Equity Partners in 2011.
Water Supply & Storage Company was incorporated in 1891 as one of many cooperative organizations that contributed to northern Colorado’s agricultural development by providing water for irrigation and municipal uses. The company pioneered innovative water management strategies such as trans-mountain diversion of water from adjacent basins and the borrowing and lending of water rights through contracts with other supply companies. Its network of ditches, laterals, reservoirs, and tunnels spans more than 100 miles and includes the Grand River Ditch, recognized as a historic landmark under the U.S. Historic Sites Act of 1935.
Mantucket’s position in Water Supply & Storage Company was acquired by the City of Greeley in 2011.
North Poudre Irrigation Company supplies water in northern Colorado for agricultural irrigation and municipal use. Incorporated in 1901, the company was a conglomerate of several earlier irrigation enterprises, including the North Fork Irrigation Canal Company (1878), the North Poudre, Box Elder, and Lone Tree Canal Company (1879), and the NorthPoudreLand, Canal and Reservoir Company (1880). The company currently manages more than 22 storage reservoirs and approximately 200 miles of ditches.
Mantucket’s position in North Poudre Irrigation Company was acquired by the City of Greeley in 2011.
Specialty Retail / Consumer
Urban Air is the nation’s premier full-service family entertainment center offering a variety of attractions perfect for all ages. Urban Air Adventure Park is the perfect venue for kids’ birthday parties, corporate gatherings or a day out for some active family fun.
Applejack Wine & Spirits is one of the largest liquor stores in the United States and has been serving great prices, selection and service to customers for more than fifty years since its founding in 1961. Applejack offers Colorado’s largest selection of specialty wine, beer and spirits at its flagship location along I-70 in Denver, Colorado.
Mantucket Capital realized its investment in Applejack in 2018.
Boulder Ice Cream is an all-organic, super-premium ice cream made at the base of the Flatirons in Boulder, Colorado. The company manufactures premium, organic ice cream, sorbet, gelato, and frozen yogurts in a variety of specialty flavors. Boulder Ice Cream is sold through major national grocery chains, food service & restaurant companies, as well as direct to consumers.
Sprig Toys is a socially responsible, eco-friendly toy company dedicated to making the best toys the right way. Sprig was founded by experienced toy industry designers and managers to meet the growing consumer need for safe, green, age appropriate toys for preschool aged children. Sprig Toys was named to Dr. Toy’s Best 100, Creative Child Magazine’s 2008 Preferred Choice Award, and can be found in many publications including Toys R Us, Imaginarium Catalog, Redbook’s Inside Holiday Gift Guide and many others.
Sprig Toys was acquired by Wham-O in 2009.
2C Tech Corporation has developed a proprietary nanotechnology solution to blinding diseases. The underlying concepts of this research enables avoidance of problems encountered by other artificial vision projects through the use of photoactive nanoparticles deployed on the cellular level, allowing less invasive methods for implantation and minimizing traumatic damage to the retinal photoreceptors.
Novian Health possesses proprietary technology for the treatment of tumors using Interstitial Laser Therapy (ILT). The company has developed, tested, and patented a minimally-invasive procedure that uses ILT (controlled heating) for the ablation of breast tumors as an alternative to the surgically invasive, traditional “lumpectomy.” ILT offers significant advantages over surgical removal including minimal scarring, quicker recovery times, and only requiring local anesthesia.
Symbius Medical is a nationally recognized leader in the marketing and direct-to-consumer distribution of medical equipment and supplies for medical home treatments and rehabilitation programs. Headquartered in Phoenix with offices throughout the country, Symbius offers products and services to customers with spinal injuries and conditions, urological needs, mobility requirements, respiratory illnesses, sleep disorders, diabetic illnesses, and other health related conditions.
Symbius was acquired by a subsidiary of ConvaTec in 2014.
RSB Spine was founded by leading surgeons to further develop and commercialize state-of-the-art spinal implants and instruments. Fusion is one of the most common spinal procedures performed by neurosurgeons and orthopedic spine surgeons. The InterPlate is a unique implant designed by RSB Spine to facilitate rapid fusion and is used in conjunction with graft material to fuse two or more spinal vertebrae together.
Convercent is a leading Software as a Service (SaaS) provider in the Governance, Reporting, and Compliance sector. Convercent’s software is currently deployed in over 22,000 client locations in 130 countries providing incident reporting, case management, and other cost-effective risk mitigation solutions.
Home & Abroad is an industry leader in online itinerary planning. The company is an OnDemand, business-to-business provider of travel destination content, content delivery technologies, and data analytics that lead to increased booking engine revenue, increased “travel extra” revenue, unique data on user preferences, and ultimately better travel experiences for consumers.
Home & Abroad was acquired by Trisept Technology, LLC in 2010.
Financial Services and Specialty Finance
MC Art is a specialty finance company that provides innovative credit and advisory solutions to galleries, dealers and owners of fine art. The company’s secured financing enables clients to convert illiquid assets into cash without requiring the sale of the art. As a result, clients retain the benefit of any appreciation in the value of their collection while still enjoying the flexibility that art leverage provides. MC Art loans range from $1 million – $20 million (up to 40% LTV) secured by collections of fine art that are widely held with deep global collector bases.
Energy and Natural Resources
Mantucket has provided capital to a substantial non-operated working interest owner in North Dakota’s Bakken shale. The company is engaged in exploration and production, gathering and processing, and water disposal.
Blackbrush Oil & Gas is an upstream energy company engaged in the exploration, development, acquisition, and production of oil and natural gas resources in South Texas.
Blackbrush was acquired by Ares Management in 2014.
Bloom Energy is changing the way the world generates and consumes energy. The company’s unique on-site power generation systems utilize an innovative new fuel cell technology with roots in NASA’s Mars program. Derived from a common sand-like powder, and leveraging breakthrough advances in materials science, Bloom Energy’s technology is able to produce clean, reliable, affordable power, practically anywhere, from a wide range of renewable or traditional fuel sources, including natural gas, wind, solar, and biomass.
Par Pacific Holdings, Inc. (NYSE: PARR), headquartered in Houston, Texas, is a growth-oriented company that owns, manages and maintains interests in energy and infrastructure businesses. Par Pacific’s business is organized into three primary segments of refining, retail and logistics. Par Pacific has refining and logistics assets in Hawaii and Wyoming and a retail distribution network in Hawaii. Par Pacific also owns an equity investment in Laramie Energy, LLC, a joint venture entity focused on producing natural gas in Garfield, Mesa and Rio Blanco Counties, Colorado.
Mantucket has acquired a substantial operated working interest in the Permian’s Midland Basin in partnership with an established Permian operator.
Mantucket has provided capital to a substantial non-operated working interest owner in South Texas.
TexStar Midstream Services was formed to acquire, develop, and operate midstream infrastructure in south Texas. The company is positioned as one of the first independent midstream companies capable of providing services to producers in the northern regions of the Eagle Ford shale. TexStar provides a full range of services to its upstream oil and gas customers, including gathering, treating, processing, compression and transportation of natural gas, crude oil, and natural gas liquids (“NGLs”).
Texstar was combined with Southcross Energy Partners, L.P. in 2014.
Wapiti Oil & Gas is a North American exploration and production company. The company was formed to acquire RockyMountain and TexasGulfCoast oil and gas assets from Delta Petroleum Corporation. The acquisition included producing assets in the PiceanceBasin, the DJ Basin and the TexasGulfCoast and acreage positions in the Eagle Ford Shale and the Niobrara section of the DJ Basin.
Mantucket has provided acquisition financing to the developer of the Toscana resort property on the renowned Grace Bay Beach of Providenciales, Turks & Caicos Islands. Mantucket’s capital assisted the developer in acquiring the property from its former lender at a discounted price. The property, situated on perhaps the best remaining parcel on Grace Bay Beach, will be redeveloped into a branded hotel and condominium development.