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Investment Criteria

SPEL aims to construct a balanced portfolio of investments by identifying companies that possess :

SPEL is able to provide potential Investee Companies :

Investment Exclusions :

 

Criteria

Target / Hurdle

Investment Amount

$10m min (at min level require potential for additional)
Not more than 25% of SPEL net assets

Company Profitability

Current EBITDA of $3m+

Age of Company

4+ years (consider history)

Preferred Domicile of Company

Australia & New Zealand

Investment Timeframe

3 - 7 Years

Preferred level of investment

50+% of equity (consider 33%+ with right to get to 50%)

Minimum projected SPEL return

25% IRR

Equity Participation

Management co-invest

Number of key staff

Minimum 3-5

Experience of key staff

Extensive knowledge of company and industry

Industry growth prospects

Able to meet target return

Company sustainable competitive advantage

Material and identifiable

Customer base

Established and broad

 

 

 

Investment Process

Investment Selection

Invetment