Transaction Size:
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Sage Capital Partners, L.P. invests in transactions ranging in size from $10
to $75 million, with larger investments being syndicated among SCP affiliates.
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Investment Structure:
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SCP co-invests with management teams to acquire entire companies, invest in newly
created securities, or buyout existing shareholders. SCP also considers privately
negotiated investments in public companies.
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Ownership:
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SCP assumes either a majority or minority position in companies; however, in
making minority investments, SCP structures acceptable shareholder agreements.
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Use of Proceeds:
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Asset or stock purchases, capital for expansion, or recapitalizations.
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Objective:
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Capital appreciation.
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Timing:
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Three to seven year holding period.
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Level of Participation:
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The
principals of SCP are active investors. They take board seats, assist with
key management recruitment, work on corporate finance activities, execute
mergers and acquisitions, and develop strategic partnerships.
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Management Participation: |
SCP generally requires management teams to co-invest. All management teams have
the opportunity to earn additional ownership via performance-based incentives. |