Najafi Companies is an international private investment firm based in Phoenix, Arizona. Najafi Companies was originally operated as a unit of Pivotal Group, a Phoenix-based real estate investment and development company. In 2006, the partners transitioned to operate the private equity investment unit independently from Pivotal Group to better position the firm for growth. The firm makes highly-selective investments up to $1 billion in transaction value in companies with strong management teams across a variety of industries, and often in industries out of popular favor. Najafi funds investments with internally generated capital, not through a fund. The firm typically acquires controlling ownership interests in established businesses across the globe with strong management teams generating positive cash flows.