The new boss at Stanley Black & Decker’s corporate venturing unit, Michael Mahan, spoke to GCV’s Robin Brinkworth about running Stanley Ventures, its portfolio, and looking forward.
Since the beginning of February, Michael Mahan has been managing director at Stanley Ventures, the corporate venturing unit of Stanley Black & Decker (SBD). Previously an investment manager, he has been at the unit since its launch in 2016 under vice-president Larry Harper.
Stanley Ventures is a purely strategic unit, investing in the order of $15m to $20m a year from SBD’s balance sheet. It makes eight to 10 deals a year – 19 in its first two years.
As…
