Macanta Investments

Overview

Macanta Investments is a private investment firm based in New York that seeks to form long-term partnerships with business owners, management teams, and fellow investors. The firm pursues investment opportunities where a differentiated, long-term perspective can lead to attractive returns. Macanta has flexible capital that can be deployed across the capital structure, making both active control investments and minority passive investments. In situations where they can add value, they prefer to be an active participant through a board role. The firm's portfolio includes investments in various sectors. Fonteva, a cloud-based ERP software company operating on the Salesforce.com platform, was acquired by TogetherWork in 2021. Axios, a leading digital news organization founded in 2016, was sold to Cox Enterprises in 2022. Encina, a new asset-backed lending platform targeting middle-market borrowers, was recapitalized in July 2021. Macanta Investments is the primary investment vehicle for Terence M. (Terry) O'Toole and his family. Terry has been an investor in private and public companies for more than 25 years, with experience ranging from large, multi-billion dollar investments to early-stage investments in young, growing companies. In 2016, Terry established Macanta Investments to consolidate his family's direct investing activity. Terry has served on more than 25 corporate boards during his career, including roles as Board Chair and Chair of Finance and Investment Committees. The word 'Macanta' comes from the Gaelic language, reflecting Terry's Irish heritage.