Cartesian Capital Group
505 Fifth Avenue, 15th Floor, New York, NY, 10017, United States
Overview
Cartesian Capital Group, LLC is a global private equity firm with proven expertise in assisting closely-held companies to expand internationally. We manage more than $2 billion in capital and have a talented team of 22 professionals based in New York, Shanghai, Sao Paulo, Vienna, Warsaw, Bucharest, and Bermuda. The senior members of our team have worked together continuously for the past 14 years, consistently applying our proven investment strategy to provide value-added support to our companies and attractive risk-adjusted returns to our investors.
- Total investments
- 3
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 4
Sector focus
- Financial Services
Investment portfolio
- Simba
Led · Equity · Jan 2020
Simba is a London-based online sleep brand that sells mattresses and other sleep-related products and launched in February 2016. It operates in nine countries across Europe, Asia and North America and has sold more than 750,000 sleep products worldwide. In 2019 the company achieved UK profitability and delivered significant global EBITDA improvements, positioning it for profitable global growth. Simba unveiled a new sleep performance app and says this positions it beyond a traditional online mattress company. Led by CEO Steve Reid, the company emphasizes disciplined growth and high customer satisfaction, claiming over 80,000 five-star online reviews. The business plans to use new funding to expand in core markets, accelerate its existing business in Canada, and grow in China. Simba is a London-based sleep tech company that designs and sells beds, mattresses, pillows and other sleep products using innovative materials and technology. Launched in February 2016 by James Cox, Steve Reid and the McClements family, the company has grown to a team of 80. Simba is already present in fourteen countries and has sold approximately 100,000 mattresses across France, Spain, Germany, Turkey, Romania, Africa, Asia, the Middle East and Australia. The company has raised more than €66m in total funding to date. Simba intends to use its newest capital to accelerate the brand’s global expansion.
- Viva Air
Led · Equity · May 2019
Viva Air is a pioneer low-cost airline group based in Colombia and Peru that operates national and international flights to more than 21 destinations. In 2019 the airline expected to carry 7.5 million passengers. The group has a strong expansion plan supported by an order of 50 new Airbus A320 CEO and NEO aircraft. Irelandia Aviation, the developer that created Viva Air, will remain the majority shareholder. The company announced an equity capital injection of USD 50 million into its Procurement subsidiary to support pending aircraft deliveries and continued growth in Colombia, Peru and beyond. Viva Air’s core product is democratized low-cost air travel across the region, with growth driven by fleet expansion and rising passenger volumes.
- redIT
Participated · Equity · Aug 2013
redIT is a San Diego-based provider of managed IT services, high-capacity connectivity and data centers. Led by CEO Murray Case, the company serves the global IT community with operations in the southwestern U.S. and Mexico. The company received a $72M investment from backers that included Cartesian Capital Group and Digital Realty. redIT intends to use the funds to expand its data center operations throughout Mexico and the southwestern United States. The article does not provide operating metrics or additional financial details beyond the announced investment.