Barington Capital Group, L.P.

Barington Capital Group, L.P. is a fundamental, value-oriented activist investment firm established in January 2000 by James Mitarotonda. The firm specializes in investing in undervalued publicly traded companies that it believes can appreciate significantly in value through changes in corporate strategy, operational improvements, capital allocation, or corporate governance. Barington's investment team, advisors, and network of industry experts leverage their extensive strategic, operational, and boardroom experience to assist companies in implementing initiatives aimed at enhancing long-term shareholder value.

The firm's investment approach is characterized by a focus on companies that are underperforming relative to their potential. Barington seeks to identify opportunities where its involvement can lead to substantial value creation. This involves engaging with company management and boards to advocate for strategic changes, operational enhancements, and governance reforms. The firm has a history of active participation in shareholder meetings and has been involved in proxy solicitations to influence corporate decisions.

Barington Capital Group has a diverse portfolio spanning various industries, including consumer goods, retail, technology, healthcare, financial services, industrial goods, media, telecommunications, energy, utilities, real estate, transportation, materials, consumer services, and business services. The firm typically invests between $5 million and $50 million in each portfolio company, focusing on growth, late-stage, pre-IPO, buyout, turnaround, and distressed situations. Its geographical focus is primarily on the United States, where it identifies and pursues investment opportunities that align with its value-oriented investment philosophy.