Desimone Group Investments

DeSimone Group Investments is a family office founded by Michael A. DeSimone that provides growth funding for early- to mid-stage companies in the Philadelphia, tri-state region. The family's wealth traces to the auto business: Michael's father, Tony DeSimone, built a Cadillac dealership from a small corner lot in Camden, and Mike DeSimone took over the dealerships in 1988, growing the business into a regional landmark that was acquired by Holman Enterprises in 2007. He established the family office around 2009. The office's primary investment focus targets the industrial realm, ranging from manufactured products to renewable energies, with a preference for engineering-oriented products that improve efficiency. Alongside capital, the firm combines mentorship and high-level strategic business planning, and it collaborates with angel groups, institutions and venture capital firms to bring later-stage funding to its portfolio companies. Assets are estimated by a third party at roughly $100M. It is based in Cherry Hill, New Jersey.