INVESTMENT APPROACH
CSL has built a reputation of being leaders in the domain of Energy Services, Equipment and Technology. We prefer investments where we can add significant value to the business and we are Partners for Strategic Capital who support both entrepreneurs and executive teams to grow their businesses by leveraging our expertise and extensive network.
KEY ATTRIBUTES OF OUR INVESTMENT APPROACH
INSTITUTIONAL ENTREPRENEURS
The CSL team has a unique expertise in launching new ventures with experienced management teams. We adopt a “roll up your sleeves” approach to partner with our portfolio companies and assist in every stage of the company’s lifecycle. This experience is also valuable with more mature companies who are looking for thought leadership for both organic and inorganic growth. We are focused on continuous improvement and have a wealth of resources housed internally that we make available to all our portfolio companies.
INVESTMENT CRITERIA
CSL has built a reputation of being leaders in the domain of Energy Services, Equipment and Technology. We prefer investments where we can add significant value to the business and we are Partners for Strategic Capital who support both entrepreneurs and executive teams to grow their businesses by leveraging our expertise and extensive network.
KEY ATTRIBUTES OF OUR INVESTMENT APPROACH
- Involvement of senior leadership including industry-leading management teams, strategic investors and collaborators in the energy sector.
- Deep sector knowledge held by the investment team to serve as strong partners for the management teams.
- Significant track record of identifying and advancing energy investment opportunities driven by both macro and micro trends.
- Long-standing customer relationships in key geographies and basins in the U.S. to provide insights and growth opportunities for our investments.
- Extensive broader contact network in the U.S. and abroad, including investments made in emerging markets.
INSTITUTIONAL ENTREPRENEURS
The CSL team has a unique expertise in launching new ventures with experienced management teams. We adopt a “roll up your sleeves” approach to partner with our portfolio companies and assist in every stage of the company’s lifecycle. This experience is also valuable with more mature companies who are looking for thought leadership for both organic and inorganic growth. We are focused on continuous improvement and have a wealth of resources housed internally that we make available to all our portfolio companies.
INVESTMENT CRITERIA
- Industry Focus: CSL targets investments in businesses focused on Energy Services, Equipment or Technology that have applications in the broader Energy sector. This also includes businesses that may not be operating in the Energy sector today but have shown the potential to do so and where CSL can be a strategic partner to break into the Energy vertical in a meaningful way.
- Investment Size: CSL’s typical check size ranges from $5MM-$100MM for Private Equity opportunities and $500K-$5MM for Venture Capital opportunities, although we are opportunistically flexible with our approach:
- We have the capability to write a smaller check size for a business plan when we see a path to invest in additional growth opportunities down the road. We work collaboratively with management teams to identify and implement such opportunities.
- Similarly, we have participated in significantly larger offerings via co-invest partners when we have inhouse expertise in a particular domain. Our larger transactions have had an Enterprise Value as high as $900MM.
- Management / Senior Leadership: Generally, we prefer opportunities with continuing management and senior leadership, but we are also happy to consider an investment in which management and managers/owners are transitioned out over a reasonable time period. Attractive compensation programs and incentive-based options for owners and/or senior managers are an integral part of our investment philosophy.
