Southridge Capital, an institutional investor, has interest in a wide variety of services and companies. Some notable investments include their 2012 $10 million equity purchase of the online layaway payment services, eLayaway. In 2015 they made a $5 million dollar deal with Elite Data Services of Dallas, Texas. Some more recent portfolio additions were in markets focused on the needs of the public sector.
Investments from Southridge Capital show them buying into companies focused on removing hazardous waste, improving drinking water, and providing services to older citizens and the disabled. They have a goal of helping their clients achieve their financial goals and they have invested over $1.8 globally since 1996.
Steve Hicks, the owner and head of Southridge Capital was recently interviewed for Ideamensch. In response to questions he revealed that he is currently excited by what he sees on his investment radar in relationship to crypto currency and pot. Crypto currency especially has drawn his comments in industry news articles. He recommends as a business venture that perhaps someone should have a podcast or channel exploring the cryptocrrency phenomenon. There would be an abundance of guest speakers willing to talk about their crypto coins. For more details check out Bloomberg.
Mr. Hicks attributes his productivity to monitoring the cash from the portfolio and creating a daily list for himself and his staff. Southridge keeps track of the cash from the portfolios and does not seek to only focus on deals. The key seems to be to keep the current investments running smoothly staying on track while using experience and certain tools to look for new possibilities. The Wall Street Journal Online is one of his go to sources for tracking history and trends of potential investments. Check out southridgeholdingsllc.com
Southridge Capital specializes in direct investment and offers advisory services to a variety of small to mid market companies. Steve Hicks began the company in 1996. He was employed at a hedge fund whose owner was going back to Australia. While winding up his employment he was allowed to develop his own hedge fund and so Southridge Capital came into existence. Connecticut is home to Southridge Capital, but has interests all over the world.