Martin franklin jarden biography
Martin franklin...
MiB: Martin Franklin of Mariposa Capital
This week on our Masters in Businessinterview, we speak with Sir Martin Franklin of Mariposa Capital. Franklin is an entrepreneur who founded 7 companies, notably: Jarden Corp., Nomad Foods Ltd.
and Element Solutions, Inc. and is credited with successfully reviving the use of SPACs, or blank check companies, as public vehicles for long term M&A.
Franklin discusses how he began his career working for his father taking apart big conglomerates whose parts were worth more than the whole.
Martin franklin jarden biography
But it was unsatisfying work, and he decided he would rather build than disassemble companies.
He explains some of the difference between private equity and SPACs, and why he is more interested in “Owning assets rather than renting them.” Franklin’s role in the rise of SPACs — in the 1990s, they were thought of as sketchy.
Franklin legitimized them by generating outstanding returns. His SPACs enabled companies such as GLG, Pr