ATLANTA – March 4, 2020 – Sileo Capital, LLC (Si-lay-oh), an independent financial sponsor, today announced its official launch of operations.
Founded by longtime industry professionals, Jake LaJoie, Mike Lee and Chad Magee, the Sileo Capital team is further augmented by its Strategic Advisors and Senior Operating Partners. Collectively, the Sileo team has decades of investment, operations and transaction experience in its focus industries. Having previously worked together in private equity (funded and independent financial sponsors), investment banking and operations, members of the team decided to reunite and continue their journey together under Sileo Capital.
Sileo is a unique independent financial sponsor that not only makes principal equity investments, but also provides strategic, operational and financial consulting with a focus on industries where its team has deep domain expertise (e.g., multi-unit – food/non-food, company-operated, franchisors and franchisees; infrastructure construction services; government services and waste management). Sileo deploys its financial and intellectual capital with North American based companies that have at least $5 million of EBITDA and where it can partner with intelligent, experienced people of high integrity and character to build businesses that it can be proud of and that generate attractive risk-adjusted returns for all stakeholders.
“We were very deliberate about assembling the Sileo team. Our team is comprised of professionals with extensive experience in our focus industries. In fact, in the multi-unit industry, a number of our team members previously worked at Roark Capital, one of the most active and well-known private equity firms focused on investing in large multi-unit businesses. We also like the multi-unit restaurant industry given the explosion of interest in celebrity chefs, food-related television and food halls, as well as the growing popularity of new ethnic cuisines,” said Jake LaJoie, Managing Member at Sileo Capital.
“We were also very thoughtful in constructing our business model, which we believe is quite unique. Unlike most financial sponsors, we often provide strategic, operational and financial consulting to businesses in our focus industries before we make a principal investment. This allows us to develop deep relationships with owners and conduct a more thorough level of due diligence which creates relationship and information advantages and results in higher risk-adjusted returns for our investors,” said Mike Lee, Managing Member at Sileo Capital.
“Our business model is also based on the belief that performance speaks louder than promises. That is why we seek to develop true partnerships and align interests in every transaction. We do this by obtaining equity rollover, earn-outs and/or seller notes from sellers; instituting cash and equity incentive plans for key managers; by not taking management fees from our investors; and by tying our compensation to the level of returns we help generate. Owners and managers appreciate having a stake in the upside and investors appreciate only paying for performance, not management fees like with most traditional funded sponsors. The combination of these elements helps us further reduce risk and maximize risk-adjusted returns for all stakeholders,” said Chad Magee, Managing Member at Sileo Capital.
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Sileo Capital (Si-lay-oh) is a unique independent financial sponsor that not only makes principal equity investments, but also provides strategic, operational and financial consulting. Sileo focuses on industries where its team has gained deep domain expertise through their significant investment, operations and transaction experience (e.g., multi-unit – food/non-food company-operated, franchisors and franchisees; infrastructure construction services; government services and waste management). Sileo deploys its financial and intellectual capital with North American based companies that have at least $5 million of EBITDA and where it can partner with intelligent, experienced people of high integrity and character to build businesses that it can be proud of and that generate attractive risk-adjusted returns for all stakeholders. For more information, please visit www.sileocapital.com
(404) 909.7657
jake@sileocapital.com