Latest Joe Stelzer News
Apr 27, 2020
Submitted by on 27 April 2020 Joe Stelzer, formerly managing partner at U.K. sell-side M&A house Cavendish Corporate Finance, has launched Silver Cloud Investments. Silver Cloud will provide capital investment to businesses across its target sectors - industrial technology, telecoms, business services & software - with a flexible approach, helping management teams to either stablilise previously growing businesses and/or support the growth of companies with strong and scalable business models. Silver Cloud will consider a variety of ownership structures for both owner-managed businesses or companies that have been considered non-core and divested by larger companies. Joe Stelzer, CEO and Founder of Silver Cloud Investments, said: “I’m delighted to announce the launch of Silver Cloud Investments, which will seek to provide the flexible investment capital that businesses need to underpin their growth and expansion at this difficult time. We will also draw on the firm’s financial expertise and operational skills in order to offer unrivalled finance, support and services to the UK’s growth businesses and look forward to expanding our role in this area in the years to come.” Investment criteria are for companies with a record of recurring revenues, a loyal customer base and a scalable business platform. Typical businesses targeted will have gross margins in excess of 40% and either an existing or potentially significant business presence in the US and/or British standards markets such as the Middle East and Far East. For companies divested as non-core, the firm will focus on those with strong potential for operational improvement. Stelzer was previously Managing Partner of U.K. M&A house Cavendish Corporate Finance, before successfully overseeing the acquisition of Cavendish by leading AIM broker finnCap in December 2018 to form finnCap Group plc. Prior to this, Stelzer was previously Global Head of Energy Controls at the then NYSE quoted company Cooper Industries, a business unit that was created following the sale of his own business to Cooper. © The Sortino Group Ltd All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or scanning or otherwise, except under the terms of the Copyright, Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency or other Reprographic Rights Organisation, without the written permission of the publisher. For more information about reprints from AlphaWeek, click here.