A History of Mantella
In 1946 Anthony Mantella, a construction worker with 20 years experience, had a dream to have his own company. With very little money and a very strong will, he took a chance and built a home for himself. He eventually sold this house and built another one next door. The company was called Acme Home Builders.
In 1954 with the help of his two sons, Paul and Frank, the company became A. Mantella and Sons Limited. By 1958 they had built over 500 homes. A. Mantella and Sons Limited also began building industrial plants on speculation and were successful in selling over 42 of them by 1958, ranging in size from 3,000 square feet to 20,000 square feet.
Today, Mantella Corporation is still one of the largest, privately-owned family development companies in Canada, managing millions of square feet of owned facilities. Mantella continues to be active in the rezoning and site redevelopment of their older facilities, and holds substantial lands for future developments.
In 2008, realizing that the development arena was being monopolized by Real Estate Investment Trusts and Pension Funds, Mantella saw opportunities to diversify. Mantella entered into the technology venture capital and financial markets through the formation of Mantella Venture Partners.
Mantella Venture Partners is a $20 million fund that invests in entrepreneurs who are building early stage mobile and Internet software companies, helping them get their ideas from conception to market.