Leasing, Finance & Logistics Business Unit (LBU) Marubeni America’s (MAC’s) Leasing, Finance & Logistics Business Unit (LBU) has been playing a vital role in MAC’s investment business, focusing on the equipment leasing sector since the mid-1990s. LBU strategically invested in priority areas such as the refrigerated transportation indus- try, healthcare equipment and other niche industries in the U.S. MAC’s wholly-owned subsidiary, PLMTrailer Leasing (PLM), acquired in 2000, is a top-tier player specializing in the leasing of refrigerated trailers to the foodservice industry. As the market for fresh food products is expand- ing every year, we expect PLM to continue to grow to meet demand. In the near term, LBU is also considering making further strategic investments, not only in the leasing sector, but in the financial and logistics sectors as well.
Investment Business Unit (IBU) The Investment Business Unit (IBU) seeks sound invest- ment opportunities for Marubeni America (MAC), whether in private equity funds, in strategic direct investments or in middle-market acquisition opportunities. The strategy always is to promote growth wherever it invests by allow- ing acquired entities to utilize the global network of busi- ness alliances built up by MAC and its parent, Marubeni Corporation.
To-date IBU has invested in several private equity funds specializing in new technologies in emerging and estab- lished industries and had them serve as deal-flow sources for the Marubeni Group. The typical investment size ranges from $1 to $5 million per fund, and among the IBU-invest- ed funds are Boston Capital Venture, Boston Venture, Bear Stearns Health Innoventures, RockPort Capital, Caduceus Private Investment, and Morgan Stanley Venture Partners. In late 2005, IBU expanded its regional focus beyond the U.S. by becoming a limited partner of Banyan Capital Part- ners headquartered in Vancouver, Canada.
IBU also searches for strategic direct investment oppor- tunities in both early-stage ventures and established busi- nesses. IBU invested in both Corsolutions and NxStage, which began making successful exits in late 2005. Also in IBU’s portfolio are companies such as Novarian (global positioning system provider for farming, mining and construction machines) and Selective MicroTechnologies (chlorine dioxide-based cleaning system developer).