Mellon Ventures
As of March 11, 2007, Mellon Ventures, Inc. was acquired by Goldman Sachs Private Equity Group. Mellon Ventures, Inc. is a principal investment firm. The firm is no longer investing. It specializes in investments in venture capital to later stage growth and buyouts. The firm invests through three groups: Financial and Business Services, Growth and Buyouts, and Technology. In Financial and Business Services, it typically invests in financial services industry with a focus on trade cycle processing, asset management, treasury management, information services, application services, transaction based services, and professional services and outsourcing. The firm prefers to invest in companies with revenues in excess of $3 million. Within Growth & Buyouts, it seeks to invest in leveraged buyouts, management buyouts, debt and equity recapitalizations, privatizations, corporate divestitures, industry consolidation, and growth capital situations. The firm invests between $5 million and $35 million including follow-on financing to support organic growth or acquisitions. It invests in the form of preferred equity instruments. For Buyouts, the firm typically invests in companies with revenues in excess of $30 million and EBITDA greater than $4 million and in growth capital, it targets companies with revenues of $15 million. The Technology group seeks to invest in early, expansion, and later stage investments. It prefers to invest in technology sector with a focus on software, systems infrastructure, IP applications, and wireless communications. The firm seeks to invest in companies with minimum revenues $10 million for expansion and later stage investments. Mellon Ventures, Inc. was founded in 1996 and is headquartered in Pittsburgh, Pennsylvania. It has additional offices in Atlanta, Georgia and Los Angeles, California.
Recent Milestones
Investments
Videos
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EDGAR
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SOA Software Closes $11 Million Venture Round (soa.com)
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EDGAR
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