“Flyover Country” is what some may call the oft-overlooked area between the West and East coasts. Especially when technology is considered.
Mariner Holdings overlooks the Midwest no more with its acquisition of Flyover Capital Partners, the independent financial services firm announced on Monday.
The Kansas City-based Flyover Capital focuses on investment opportunities in early stage technology companies in the Midwest that are building long-term, sustainable businesses.
Flyover Capital joins Montage Investments, a subsidiary of Mariner Holdings, as its newest asset management affiliate.
“The partnership with Flyover Capital is the result of an increasing need among our clients for greater access to early stage venture investment opportunities,” said Martin C. Bicknell, chief executive officer of Mariner Holdings, in a statement.
Flyover Capital will participate in the rapid growth of early-stage technology companies in emerging areas, such as mobile, health care and agricultural technology that are located in what the team refers to as “flyover country.”
“We’ve seen exciting innovation coming out of the Midwest over the last several years and have been looking for the right way to assist clients who wish to participate in the growth of Midwestern companies,” Bicknell said in a statement. “Flyover Capital is one of few firms that understands and focuses specifically on this market opportunity, and I am thrilled to bring these capabilities to our clients through this new partnership.”