Approach
active long only
We are influential business owners
We identify companies with high potential where our ownership and engagement helps drive sustainable, long-term value for all shareholders.
Firm
Decades of experience in maximizing the value of corporate assets
Juniper was founded by Alexis Michas and John Bartholdson to leverage their extensive experience overseeing private and public equity. They have worked together for over 30 years and have over 70 years of combined experience. That depth of experience gives Juniper a distinct edge in identifying undervalued businesses and helping them realize their full potential.
more than
10
public boards
more than
20
private boards
more than
50
companies acquired & divested
more than
100
C-suite executives overseen
Juniper is 100% employee-owned, with internal capital representing approximately 25% of the assets we manage — ensuring alignment and shared commitment with our investors.
Philosophy
What we believe
Many smaller U.S. public companies operate below their potential and trade at significant discounts to their intrinsic value due to limited resources, minimal research coverage, and low institutional ownership.
We believe that establishing meaningful ownership stakes in the companies we identify, forming strong relationships with their management teams, and executing well-developed plans can consistently build meaningful shareholder value.
Strategy
Highly selective
Active engagement
Meaningful ownership
We are singularly focused on managing a highly concentrated, long-only equity strategy in undervalued smaller U.S. companies.
Within the universe of thousands of smaller capitalization U.S. public companies, limited investor attention, trading volume and research coverage create opportunities ideally suited for our strategy and capabilities.
Style
fundamental value
Geography
U.S.
Capitalization
sub-$1B market cap at entry
Horizon
3–5 years or longer
Concentration
10-15 positions
Engagement
collaborative, long-term
Co-investments
opportunistic
Team
Alexis Michas
Mr. Alexis P. Michas is the Founder and Chief Investment Officer of Juniper Investment Company. Mr. Michas has over 40 years of investment experience in both private and public companies across a wide range of industries. His transactional expertise includes mergers and acquisitions, IPOs, debt and equity offerings, bank financings, recapitalizations, spin-offs, and take-private transactions. He is currently Chairman of the Board of BorgWarner Inc. (BWA) and Revvity (RVTY), and a Board Member of AstroNova (ALOT) and Theragenics. Mr. Michas has also served on the boards of AirTran Airways, Allied Motion Technologies Inc., Blue Bird Corporation, Burns International, Eckerd Corporation, Lincoln Educational Services Corp., and Packard BioScience Company. Mr. Michas was the Managing Partner at Stonington Partners, Inc. from 1994–2011. Previously, he was a Managing Partner of Merrill Lynch Capital Partners, where he was employed from 1984–1994. He began his career in the investment banking division of Merrill Lynch.
Mr. Michas received his B.A. from Harvard College and his M.B.A. from Harvard Business School.
John Bartholdson
Mr. John A. Bartholdson is the Founder of Juniper Investment Company. Mr. Bartholdson has more than 30 years of investment experience in both private and public equity across a wide range of industries. His transactional expertise includes mergers and acquisitions, take-private transactions, co-investments, and direct private equity deals. He is currently Chairman of the Board of Lincoln Educational Services Corporation (LINC) and Theragenics Corporation, and a Board Member of Bioventus, Inc. (BVS). Mr. Bartholdson has also served on the boards of Obagi Medical Products, Inc. and multiple private companies. Mr. Bartholdson was a Partner at Stonington Partners, Inc. from 1997–2011. Previously, he was an Analyst with Merrill Lynch Capital Partners, Inc., where he was employed from 1992–1997.
Mr. Bartholdson received his B.A. in Economics from Duke University and his M.B.A. from the Stanford Graduate School of Business.
Edward Reeves
Mr. Reeves joined Juniper in 2013. He previously worked as a private equity associate for ZBI Ventures, part of Ziff Brothers Investments. Prior to that, he was an investment banking analyst in the Energy & Power group of Bank of America Merrill Lynch. He serves on the board of Theragenics Corporation.
Mr. Reeves received his B.A. in Applied Mathematics from Harvard College.
Harrison Green
Mr. Green joined Juniper in 2017 after four years of investment experience at AllianceBernstein.
Mr. Green received his B.A. in English from Pomona College.
Jason Barger
Mr. Barger is Managing Director of Investor Relations at Juniper Investment Company, where he leads the firm’s capital development and investor relations efforts. He brings over 20 years of institutional asset management experience, having held senior business development and investor relations roles at Chilton Investment Company, Kopernik Global Investors, and Schroders, where he spent more than a decade covering institutional plan sponsors, consultants, and offshore investors across the Americas. Throughout his career, Mr. Barger has worked closely with pensions, endowments, foundations, family offices, healthcare systems, and institutional consultants across both traditional and alternative investment strategies.
Mr. Barger received his B.A. in International Business Management from Eckerd College.
Juniper Investment Company
555 Madison Avenue, 24th FloorNew York, NY 10022