Starting in 1988 as the first investor in OfficeMax, Blue Mesa (and predecessors) have invested in early-stage and emerging growth companies, generally playing an active role from an operating or strategic perspective. For 25 years BMP’s primary focus has been as a mentor capitalist working closely with a limited number of technology businesses in San Francisco, Los Angeles, and Cleveland.
Our Founder, and Managing Partner (Marc Morgenstern) is a veteran deal maker and entrepreneur who has structured, negotiated, and closed hundreds of transactions from Silicon Valley to Shanghai as an investor, senior executive, Director, strategic or business advisor, or counsel (see Bio and Transactions).
He co-founded Within3 (digital collaboration for life sciences; equity recap with Insight Partners), C+T Access Ventures (technology venture fund; exits including SNCR) and Cadence Counsel (providing top-tier lawyers on a variable basis for top-tier law firms; sold to Lateral Link).
BMP was a seed or first round investor in LoungeBuddy (travel app; sold to American Express), CardinalCommerce (authentication technology; sold to VISA), Divergent 3D (end-to-end system synthesizing software, hardware, 3D printing, AI, and robotics), Capstone Partners (placement agent for private equity funds; MBO), Twitch (FKA, Justin.TV; sold to Amazon) and OfficeMax (equity recap and sale to Kmart).
Marc was also a longtime General Partner in real estate developer and owner Equity Investors (shopping centers, apartments, hotels and office buildings), and Founder and CEO of NASD-registered Equity Realty Securities.
2900 Drummond Rd.
Cleveland, OH 44120