The Merrymeeting Group (MMG) was founded in 2001 in Cleveland, Ohio. Since its inception, MMG has focused on the acquisition and development of businesses in the franchising, technology and B-to-B service sectors. We have been able to successfully develop significant efficiencies and management expertise in these specific markets and thereby achieve superior profit margins.
In the day-to-day operation of our business, we focus on adhering to our Core Values. We have combined this operating style with a 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 exit within a specific time period. As a result, we are not driven by either short-term financial objectives or the need to satisfy third-party investors.
MMG’s Core Values reflect our organization’s cultural values and govern our day-to-day decisions and behavior.
We revere honesty and forthrightness. We adhere to the highest ethical standards, provide timely, accurate and complete financial reporting, encourage prompt disclosure of bad news and welcome disagreement.
We clearly state and share our objectives with our employees, franchisees, shareholders and others. We measure our performance against these objectives and react to new information, changes and opportunities by adjusting our business processes to achieve and surpass our objectives.
We are committed to continuously improving our performance in order to meet and exceed the expectations of our franchisees, customers and investors/owners. We reward our people for improving service quality and reducing costs.
We respect others and treat them in the way that we want to be treated.
Earning a profit rewards our investors/owners and enables us to attract necessary capital for further investment in our people and operating processes.