GRANITE PARTNERS

Thesis

Granite Partners is a private investment and long-term holding company founded in 2002 in St. Cloud, Minnesota. The firm's mission is to grow companies and create value for all stakeholders, with a particular emphasis on fostering a culture of trust, innovation, and excellence for 100-year sustainability. Granite Partners focuses on established, profitable, and growing business-to-business companies that are leaders within their respective niches. This long-term horizon allows Granite to partner with companies and support their sustained growth. The firm's strategy is centered around investing in Minnesota-based platform companies that are strongly tied to the state's industry clusters with economic tailwinds. They supplement organic growth with add-on acquisitions for market and product expansions, capability extensions, and talent acquisition. While Granite Partners has a strong local focus on Minnesota, sourcing, marketing, servicing, and developing business globally. The firm invests in companies that are or have the potential to generate revenue from products and services, clients, and countries that contribute to net positive social value. Granite Partners invests in established companies across manufacturing, distribution, and services. The firm has a portfolio of 10 companies with a total equity value of nearly $1 billion and approximately 2,500 employees. Another source mentions a portfolio value of $1,626,337,061 USD for Granite Investment Partners, LLC, with actual AUM being this value plus undisclosed cash.