We own and operate businesses with permanent family capital.
Proprietary capital. No fund timelines. No forced exits.
Where we invest
- Financial services
- Marketing and digital media
- Luxury hospitality
- Specialty consumer
- Technology-enabled services
A private holding company
Morgul Holdings LLC invests its own capital in operating businesses. It does not manage outside money, raise funds, or offer securities, so there is no fund clock on anything it owns and no obligation to sell.
Morgul was built from operating businesses founded from 2010 onward and has acquired and built companies since 2015. It is headquartered in Miami, with an office in New York.
We acquire control of established businesses, add to our platforms through targeted acquisitions, and build new companies through Annatar. We keep operating teams and brands unless there is a specific reason not to, and we reinvest profits into the business first.
What we do not do
- Raise or accept outside capital for family office investments.
- Run a fund, or hold a business against a timeline to exit.
- Offer securities or give investment advice to the public.
- Let an affiliate act for a client and for Morgul in the same transaction.
Built and held by Morgul
The holding company for Morgul's financial services businesses, spanning investment banking and advisory, business brokerage, data and technology, and secondary markets. Each Wraith company operates under its own name and its own disclosures.
Wraith Group is an affiliate of Morgul Holdings LLC. Wraith advisory and brokerage businesses act for their own clients under separate engagement terms and do not act for Morgul in any transaction in which Morgul or another Morgul affiliate is a counterparty. Sellers engaging Wraith are informed of this affiliation in their engagement documents.
Morgul's venture studio. Builds companies from inception alongside founders and operators with capital and shared infrastructure.
The Mainsail Foundation is Morgul’s philanthropic arm, providing private, referral-based support in South Florida. mainsailpath.org
Investment criteria
These criteria describe the target profile for new control investments. They are not a description of current holdings.
- Enterprise value
- $20M to $200M
- Revenue
- $10M to $150M
- EBITDA
- $3M to $25M
- Geography
- North America primary
- Hold period
- Permanent
For owners
If you own a business that fits our criteria and are considering a sale, we prefer to hear from you or your advisor directly. See Investment Criteria and Intermediaries.
Last updated 16 September 2026