What We Do
The Merrymeeting Group is comprised of three inter-related business groups: (1) Merrymeeting Inc is focused on developing franchise companies; (2) Marathon Technology Services and JDP Solutions are focused on developing software and related technology service businesses and (3) our business services group, which is currently comprised of MMI Capital and SBB Capital, focuses on investment banking and related broker dealer services. By focusing on specific, interrelated market niches such as intellectual property driven businesses and related services, we are able to develop significant levels of market expertise and better leverage our internal operations so as to achieve superior profit margins.
In operating the business, we focus on following our Core Values and achieving the following key objectives: increasing working capital each fiscal year; acquiring and/or developing at least one new business each fiscal year; continuously improving our value proposition to customers and franchisees each year; continuously investing in our working environment and developing our management team and staff; increasing our philanthropic commitments each fiscal year.
We have combined this business strategy with a very long-term investment and management philosophy that is predicated upon the assumption that, unlike private equity groups, we will use our own capital to acquire and develop businesses with no plans to “flip” or resell them. As a result, we are not driven by short-term financial hurdles or the need to satisfy third-party investors.