Mantle Ridge

Overview

Mantle Ridge is a private investment firm specializing in activist investing to enhance company value. The firm engages with boards, management teams, and shareholders to implement strategic changes that lead to material and durable improvements in performance. Their approach is informed by extensive research and experience in value investing, activist engagements, corporate governance, and business operations across various industry sectors. Founded by Paul Hilal, Mantle Ridge has a track record of successful engagements, including serving as Vice Chairman of CSX Corporation, Aramark, and Dollar Tree, Inc. These roles involved significant board and executive leadership restructurings aimed at driving value creation. Prior to establishing Mantle Ridge, Mr. Hilal was a Senior Partner at Pershing Square Capital Management, where he led initiatives at companies such as Canadian Pacific Railway Limited and Air Products and Chemicals. Mantle Ridge's investment strategy focuses on distressed and special situations, targeting buyouts, turnarounds, and distressed assets. The firm primarily operates in the United States and Canada, with a particular emphasis on industries such as transportation, retail, food services, facilities management, and uniform services. Their investment approach is characterized by active engagement and a commitment to unlocking value through strategic and operational improvements.

Portfolio Companies