# Modern Holdings

Investor in Summit, New Jersey

## About Modern Holdings

Modern Holdings, Inc. is a private investment holding company founded in 1993 as Innova International Corporation by Swedish industrialist Jan Stenbeck. Headquartered in Summit, New Jersey, it's now led by President & CEO Henry, who oversees investment selection as the company's sole shareholder.

The firm builds its portfolio by purchasing controlling stakes in non-capital-intensive businesses, taking minority interests in strong opportunities, and investing in cash-accretive real estate — all aimed at compounding Net Asset Value over the long term, with hands-on board-level involvement.

Its portfolio spans insurance, e-commerce, telecommunications, education, specialty chemicals, and IT consulting, including holdings like Synalloy Corporation (Nasdaq: SYNL), Evermore Global Advisors, Lors Photography, Innova Claims Management, and Xpeedio AB.

## People

- **Jay Murray**, Chief Financial Officer

## Key Facts

- **Location:** Summit, New Jersey
- **Investor Type:** Private Equity
- **Founded:** 1994

## Investment Industries

- Business Services/Legal
- E-Commerce
- Education
- Industrial
- Other

## How to Contact

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