THE BITTKER GROUP
INVESTMENT CAPITAL FOR GROWTH
We're investors within two portfolio segments, e-commerce/tech and real estate development.
Our recent e-commerce/tech investments include early to mid-stage growth capital for disruptive private companies in sectors ranging from interactive student learning to aerial imagery to lithium extraction.
In real estate, we've focused primarily on unique acquisition and re-development opportunities in multi-family residential and self storage. Recently, we helped fund a visionary change-of-use project creating two prominent hotels, event space and rooftop dining totaling 230k sq. ft.
We invest in U.S. based businesses and fund opportunities solely in our two portfolio segments:
E-Commerce & Tech
We've enjoyed success creating some pretty cool sites and growing companies that still consume our thoughts years after our exit. As investors, we're passionate about sites and products that disrupt tradition and re-invent the customer experience. Our investment criteria requires a proven online revenue stream supported by clear metrics and financial history. We welcome smaller emerging companies and co-investment opportunities.
Real Estate
Our personal interest in architecture and long-standing family development background have driven our real estate efforts over 30+ years. We invest in income producing multi-unit residential and commercial projects that re-think existing use - and also invest selectively in short term new-build and renovation projects designed to capture immediate profit. Our investment criteria requires proven builders/developers who are well capitalized.
DEEP ROOTS AS ENTREPRENEURS
START-UP > LBO > BUYOUT > PUBLIC > START-UP > BUYOUT >
Over 30 years building products and leading companies has connected our lives with people and teams and experiences that keep us very motivated to replicate those feelings on the road ahead.
BACKGROUND
Alan Bittker, Managing Partner. Prior to founding the Bittker Group in 2006, Alan was CEO of EPI/Entertainment.com from 1998 to 2006. He led an LBO spinoff with The Carlyle Group and then sold the company to IAC (NASDAQ: IAC) for $360M. He continued to run EPI, transforming it with new products and building the company's website into a top 750 e-commerce property with 3+ million active unique visitors and nearly $100M of $200M+ in online revenue.
In 2008, the Bittker Group became the minority shareholder in MyLocker.com where Alan took an active role as President and helped build the emerging business into an industry leader in online custom apparel.
Sandy Bittker, Co-Founder. After co-founding the Bittker Group, Sandy managed the company's real estate development portfolio and finance activities. In 2009, she took an active role at MyLocker.com, leading its product management, merchandising, vendor relations and website customer service efforts. Sandy holds a finance degree from the University of Michigan Ross School of Business.
Since 2015, MyLocker has acquired SpiritShop.com, the leader in licensed high school apparel, launched CustomCat.com and developed major partnerships with Shopify, WooCommerce, Etsy, Threadless and others. Today, the Bittker Group continues to hold a minority interest in its portfolio.
A FEW HIGHLIGHTS ABOUT US
E-COMMERCE & TECH
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Funded early & mid-stage investments in disruptive tech including Lyft, Peloton, Reddit, DraftKings & others.
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Acquired small offline gift company and grew to $100+ million via new industry-changing model & website.
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Created start-up K-6 educational software product that reached $20+ million third year after launch.
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Turned existing data feed into $25+ million high-margin app for Hotels.com, Expedia & IAC properties.
REAL ESTATE
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Funded mid-stage growth capital for national co-working space company that is disrupting the traditional leasing model.
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Built 2.5+ million sq. ft. portfolio including Fortune 100 commercial tenants & thousands of residential rental units.
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Backed financing & expansion for weak, but promising $25M multi-unit project, boosting NOI 250%+.
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Developed numerous 6k-15k sq. ft. custom estate homes & vacation properties for high net worth clients.
