June 2, 2023
New funding will be deployed in partnership with Greybull’s operational expertise to support the growth of U.S.-based small businesses across sectors
Greybull Stewardship (“Greybull”), a private investment firm comprised of experienced operators, dedicated to helping small, growing businesses realize their full potential, today announced it has closed $140 million in new capital commitments across its evergreen fund and a new closed-end fund.
The firm’s evergreen fund, Greybull Stewardship LP, closed an additional $40 million, bringing its total lifetime commitments since its launch to $70 million. Greybull Stewardship II LP, the firm’s first closed-end fund, closed with $100 million in capital commitments at its hard cap. The funding comes from both new and existing investors across foundations, family offices, and funds of funds.
“Since Greybull’s founding in 2010, we have remained committed to investing in small, growing businesses, a corner of the market where we believe our team’s operational expertise can have the greatest impact and create value for our investments and our investors,” said Mason Myers, Founder and CEO of Greybull. “Our commitment to providing patient capital has resulted in tremendous long-term success for our portfolio companies and our investors, and we look forward to continuing to deepen our capital partnerships and supporting the growth of additional businesses.”
Greybull is focused on making majority investments in small businesses based in the U.S. with proven business models, revenues of $5 to $50 million, EBITDA under $5 million, and significant growth opportunities. The firm’s strategy is underpinned by its commitment to providing patient capital, combined with an unparalleled level of value creation resources to this segment of the market, which the firm believes has historically been overlooked by traditional private equity and venture capital investors, as well as other lenders.
To date, Greybull has focused primarily on investing in companies within business services, franchising, education, and SaaS, though the firm also has a successful track record applying its strategy of adding operational expertise to small businesses across other sectors.
Myers added, “In our view, small businesses are the backbone of the U.S. economy, and we see a tremendous opportunity to continue to fuel their growth, particularly as they demonstrate resiliency in the face of economic headwinds. We are grateful for the support of new and long-time investors, and we are excited about the opportunities ahead to continue to generate attractive returns.”
About Greybull Stewardship
Greybull Stewardship is a private investment firm comprised of experienced operators, dedicated to helping small, growing businesses realize their full potential. Decades of operational experience and financial acumen enable Greybull to empower entrepreneurs with the expertise, resources, and patient capital they require to elevate their businesses from small to scalable. Founded in 2010, Greybull is headquartered in Jackson, Wyoming, with team members located throughout the U.S. in order to effectively support their investments and uncover opportunities within local market dynamics.
To learn more about Greybull, visit www.greybullstewardship.com.