About

A holding company that actually operates.

Black Cat Holdings is a private holding company based in Frisco, Colorado. It exists to own, fund, and steward a small family of businesses for the long term — and to run them well.

Why the holding company exists

Most portfolios of small businesses fail for an unglamorous reason: the connective tissue — the records, the renewals, the capital decisions, the institutional memory — lives in someone's head. Black Cat Holdings is the structure that makes the connective tissue permanent.

The holding company owns each business, allocates capital between them, and centralizes the functions that benefit from being shared: financial administration, technology, brand development, and record-keeping. Each business keeps what makes it distinct — its own name, market, customers, and voice.

How value gets created

The model is deliberately simple. The holding company provides three things to every business it owns:

  • Patient capital. Businesses are funded to compound over years, not quarters. Nothing in the portfolio answers to an external fund cycle.
  • Operating discipline. The same standards apply everywhere: verified data over claims, documented decisions over tribal knowledge, and systems that survive a busy season.
  • Shared infrastructure. The portfolio's digital properties run on common, modern infrastructure, and its records live in one organized place — so each business spends its energy on its market.

What we own

The portfolio today spans three categories: an investment company trading the firm's own capital, a digital media property serving the proprietary-trading community, and a consumer apparel brand. The common thread isn't an industry — it's an owner's standard of care.

Operating principles

01

Own the long view

We hold businesses to build them, not to flip them. Decisions are weighed in years. The portfolio answers to one owner, not a fund cycle.

02

Verify, then publish

Every fact our media properties publish is traced to a first-party source and dated. What can't be verified is flagged, not guessed.

03

Systems over heroics

Renewals, records, and recurring work run on documented systems — not memory. A business that depends on one person's recall isn't finished being built.

04

Distinct brands, shared standards

Each company keeps its own identity and serves its own market. The standard of care behind them is identical.

The timeline

How the portfolio came together.

2008

JAG vs Swag is born

The oldest name in the family. The apparel brand is founded on a question every competitor recognizes: are you about the work, or about the look?

2018

Tributary Investments founded

The portfolio's investment company takes shape — private trading across equities, options, and futures. The discipline earned here runs everything that follows.

Formation

Black Cat Holdings established

The holding company is formed to hold the businesses under one roof — one owner, one set of books, one standard.

2023

Compare Prop Firms launches

Born from Tributary's firsthand experience evaluating funded-trader programs: an independent comparison platform for proprietary trading firms.

2026

Compare Prop Firms rebuilt

The comparison platform is rebuilt from the ground up on modern edge infrastructure — 65 firms covered, every fact verified against first-party sources and re-checked daily.

2026

JAG vs Swag takes the field again

The 2008 brand relaunches as an on-demand apparel platform: pick a side, claim a one-of-one colorway, wear the journey.

Next

Digital headquarters

blackcatholdings.com becomes the organization's operating hub — a public front door and a private system of record for every entity in the family.

See the companies

Three businesses, each with its own front door.