Le Lézard
Classified in: Science and technology, Business
Subject: VEN

Cedar Crest Capital Announces Strategic Investment from The Najafi Companies


PHOENIX, Jan. 16, 2024 /PRNewswire/ -- Cedar Crest Capital, an operations-focused investment firm specializing in non-digital businesses within the lower middle market, today announced that it has received a strategic investment from The Najafi Companies. This partnership underscores a shared commitment to long-term investing in traditional businesses.

Since its establishment in 2002, The Najafi Companies has become known for its entrepreneurial approach and its diversified investment portfolio across consumer brands, ecommerce, media, technology, and sports. The decision to invest in Cedar Crest Capital reflects a shared belief in the value of traditional businesses.

"The Najafi Companies' investment is a significant endorsement of our own investment strategy and our firm's ability to drive results. Their backing is more than just capital; it's a partnership that will amplify our reach and capabilities," said Kazem Harfouche, Founder of Cedar Crest Capital.

Jahm Najafi, Founder of The Najafi Companies, echoed this sentiment, "Our investment in Cedar Crest aligns with our firm's entrepreneurially-driven philosophy of identifying and enhancing value in market sectors typically overlooked. Cedar Crest's focus on the non-digital lower middle market presents a unique opportunity, and we are enthusiastic about our joint efforts in this sector."

This partnership marks a significant moment for Cedar Crest Capital, paving the way for accelerated growth and an expanded market presence. It's a forward-looking move that reflects both firms' confidence in the resilience and enduring value of traditional businesses.

About Cedar Crest Capital

Cedar Crest Capital is a Phoenix based investment firm founded by Kazem Harfouche with a focus on non-digital traditional businesses in the lower middle market. The firm prides itself on its operational expertise and is dedicated to supporting overlooked businesses that have stood the test of time and are poised for continued success. To learn more, visit www.cedarcrestcap.com.

About The Najafi Companies

The Najafi Companies, based in Phoenix is an entrepreneurially driven private investment firm founded by Jahm Najafi in 2002. The firm makes investments across industries, with significant holdings in consumer brands, ecommerce, media, technology and sports. For more information, visit www.najafi.com.

SOURCE Cedar Crest Capital


These press releases may also interest you

at 17:35
SIFCO Industries, Inc. today announced financial results for its second quarter of fiscal 2024, which ended March 31, 2024. Second Quarter Results Net sales in the second quarter of fiscal 2024 increased 37.9% to $26.5 million, compared with...

at 17:35
Suzano, the world's largest pulp producer, which celebrates its centenary this year, announces its financial results for the first quarter of 2024 (1Q24). The highlight of the period is the progress of the Cerrado Project, the largest ever capital...

at 17:35
VitalHub Corp. (the "Company" or "VitalHub") announced today it has filed its Interim Condensed Consolidated Financial Statements and Management's Discussion and Analysis report for the three ended March 31, 2024, with the Canadian securities...

at 17:30
SAVANNA CAPITAL CORP. ("Savanna" or the "Company") , a capital pool company as defined under Policy 2.4 ? Capital Pool Companies (the "CPC Policy") of the TSX Venture Exchange (the "Exchange"), provides an update to its press release dated March...

at 17:30
Intermap Technologies ("Intermap" or the "Company"), a global leader in 3D geospatial products and intelligence solutions, today announced 42% revenue growth in the first quarter of...

at 17:30
Cathedral Energy Services Ltd.'s (the "Company" or "Cathedral") news release contains "forward-looking statements" within the meaning of applicable Canadian securities laws. For a full disclosure of forward-looking statements and the risks to which...



News published on and distributed by: