The Mustang Group

The Mustang Group is a Boston-based private equity firm, strategically investing in lower middle market businesses. The firm provides growth capital and liquidity solutions to innovative companies, targeting those with annual revenues from $20 million to $100 million or EBITDA between $2 million and $10 million. They identify and partner with enterprises poised for significant expansion.

Co-founded in 2003 by Carson Biederman, The Mustang Group leverages Biederman's extensive background as a founding member of both Bain Capital Ventures and Sankaty Advisors at Bain Capital. This pedigree informed the firm's insight: to identify and support promising, often underserved, middle-market enterprises with substantial growth potential.

The firm actively partners with entrepreneurs and management teams within its portfolio companies, serving as a catalyst for their development. The Mustang Group’s vision is to foster sustainable value creation, enabling these businesses to achieve their full potential through strategic guidance and capital, contributing to a robust private market ecosystem.