Selected Investments
Paramount Manufacturing
Steel Manufacturing
Bankruptcy Turnaround
Sale to Fortune 500
Blacktree's first large deal—initially a real estate play—transformed into a manufacturing behemoth through flag pole sales during the Gulf War, and ended with a sale to Newell Rubermaid.
Imperial Crystal
Crystal Design & Import
Leveraged Buyout
Acquired
Blacktree entered the wholesale/retail space through the crystal business, buying low, growing the company through innovative design, and selling during a wave of industry consolidation.
Lucent Digital Radio
Digital Radio Technology
Venture/Equity Investment
Merger
Blacktree pioneered the US movement to HD digital radio, investing in a new technology it believed in. Through tough negotiations with auto manufacturers and other industry incumbents, we brought the dream to fruition.
Lumus Technologies
Virtual Reality Technology
Venture/Equity Investment
Active
Like many tech startups, Lumus began as a fantasy in an engineer's basement. With the help of financial and strategic support from Blacktree and a first-rate management team, Lumus has become the largest competitor to Google Glass, Oculus Rift, and others in the space.
First Mariner Bank
MD Community Bank
Public Equity/Turnaround
Closed Out Position
Blacktree moved into the public equity and activist investment space with a swing at First Mariner Bank, an underperforming Maryland community bank that suffered from chronic mismanagement. Blacktree closed out its position in First Mariner at a profit.
Classon Estates Condos
NYC Condominiums
Distressed Debt
Active
The Classon Estates condo project represented a chance for Blacktree to enter the NYC real estate market in a big way while helping distressed tenants at the same time. Blacktree has successfully navigated this complex deal through unsurpassed understanding of bakruptcy, clever financial structuring, and savvy negotiation.
American Natural Gas Solutions (ANGS)
CNG Fueling Infrastructure
Private Debt/Equity Investment
Active
Blacktree brought its expertise in finance and operations to the energy industry with a large investment in ANGS, making it a significant player in the extreme growth market of CNG fueling infrastructure. Blacktree believes strongly that natural gas is the future of fuel and energy in America and is excited to capitalize on a large infrastructure buildout opportunity. Under Blacktree's guidance, ANGS has partnered with Fortune 500 partners, won Fortune 50 customer contracts, and pioneered innovative products and business models to become an immediate competitor in the marketplace.
Strategic Partners
