22NW Fund, LP

Overview

22NW Fund, LP is a private investment firm based in Seattle, Washington, focusing on strategic investments in public companies. The firm primarily targets growth, late-stage, pre-IPO, buyout, turnaround, and distressed opportunities across various industries, including technology, healthcare, consumer goods, and more. With a geographical focus on the United States and Canada, 22NW Fund seeks to enhance shareholder value and improve corporate governance through active engagement and investment. The firm's investment strategy involves acquiring significant stakes in public companies and collaborating with management teams to drive operational improvements and strategic initiatives. 22NW Fund has a history of entering into cooperation agreements with portfolio companies to influence board composition and corporate strategies. For instance, in June 2024, the firm secured a board seat at Culp, Inc. following a cooperation agreement, and in August 2024, it entered into a support and standstill agreement with DIRTT Environmental Solutions Ltd. to support governance initiatives. 22NW Fund's approach combines financial investment with active involvement in portfolio companies, aiming to create value through strategic guidance and operational enhancements. The firm's leadership includes Aron R. English, who serves as the Manager of 22NW Fund GP, LLC, the general partner of 22NW Fund. The firm operates from its headquarters in Seattle, Washington, and maintains a team of professionals dedicated to its investment activities.

Investment Focus

• Active engagement in portfolio companies
• Focus on public companies
• Geographical focus on United States and Canada
• Interest in various industries including technology, healthcare, and consumer goods
• Investment sizes ranging from $1 million to $50 million

Portfolio Companies