Borer Denton & Associates

Mark Borer and James Denton make all investment decisions jointly. Borer handles financial structuring and negotiations, while Denton oversees operational due diligence and frequently steps into executive roles at portfolio companies. There are no outside investment committee members.

Both principals were involved in restructuring Foster Wheeler, the engineering and construction conglomerate, in the early 2000s. The firm's founding capital came from the advisory fees and equity gains realized during that turnaround. The office was established after their exit from the company.

The firm operates as a single family office for its two principals and does not manage outside capital. It has not publicly participated in co-investment clubs, fund structures, or third-party LP vehicles. All investments are made directly from the partners' balance sheet.

The firm targets industrial and manufacturing businesses that are underperforming or orphaned within larger corporate structures. Sectors include engineered components, power generation equipment, and precision machining. The common thread is operational complexity that deters financial buyers without turnaround expertise.

Acquisitions are typically structured as control buyouts with the principals taking direct board seats or executive roles. The firm does not participate in minority investments, venture capital, or fund commitments. Deal size is constrained by the partners' willingness to personally manage each investment.