Intrepid Capital Partners

Founded by Cyrus Vandrevala and Pete Musser in 2001, ICP achieves above-market returns by investing in middle-market companies. ICP creates value by investing in pioneering businesses ahead of the curve. We bring strategic insight, global relationships, and operational support to drive operational excellence to propel the investee company’s potential. We are patient investors, committed to achieving the best long-term outcomes for the businesses we invest in. Over 15 years we have continued to adapt quickly to dynamic market environments, capitalizing on market dislocations through both traditional and unconventional investment approaches. The founders' achievements over the years alongside companies such as QVC, Comcast, Novell, Zenta Group, and Sanchez Group are proof of this. We have successfully exited several investments by merging them with market leaders, IPOs, or strategic sales to private equity funds. Our approach to investing is thematic, with a focus on forward-thinking companies, geographies, and the following sectors: Business services such as tech-enabled outsourcing and services, government services, and financial services Artificial Intelligence, data science consultancy, and business intelligence services Investments in properties and infrastructure in India and the United Kingdom Our private equity is positioned to acquire companies or invest in technology platforms that require operational improvement, cost realignment, brand revitalization, and patience. Our venture capital arm is flexible. We deploy capital to create new companies, which allows us to collaborate with experienced management teams and leverage our deep industry and operational expertise to capitalize on strategic opportunities.