Forward of incorporation, Shatranj Capital Companions (SCP), is happy to announce the group of companions and advisors behind its’ MENA based mostly Non-public Fairness fund. SCP can be sector particular, targeted solely on multi-unit franchise F&B. By leveraging its regional F&B experience and world franchisor relationships, SCP will create worth by operational excellence, enhanced governance, and digital innovation, whereas profiting from one of the extraordinary F&B govt groups ever assembled.
SCP consists of people whose pioneering F&B accomplishments in operations, model constructing, and provide chain know-how have been replicated globally. They’ve scaled F&B companies within the US, MENA, Europe and Southeast Asia as entrepreneurs and as franchisors, constructing expansive networks and data alongside the best way. The SCP group can also be represented by native M&A, funding banking, and Non-public Fairness experience.
The Managing Companions embrace Peter Schatzberg, Brandon Guthrie, Jeremiah Inexperienced and Patrick Speek.
Peter Schatzberg was the founder and former CEO of Sweetheart Kitchen (MENA). He’s a 3x F&B founder and is well known because the pioneer of the digital kitchen enterprise mannequin. In MENA, he and the Sweetheart Kitchen group raised over $50mn in institutional funds to scale Sweetheart Kitchen to 22 models, $30mn in ARR, below 1% waste and over 500 workers in 36 months, regardless of COVID restrictions. By constructing excessive tech, course of pushed methods, his companies have generated over $100mn in F&B gross sales throughout three continents. A former GE govt and graduate of Columbia Enterprise Faculty and London Enterprise Faculty, Peter sees giant alternatives and builds the groups able to executing a imaginative and prescient.
Brandon Guthrie is the previous Wendy’s Head of Finance for APMEA. He is an skilled worldwide businessman identified for driving worthwhile development for world retail manufacturers by strategic pondering, world fluency, and monetary acumen. He has supported the expansion of manufacturers akin to Melaleuca, Greatest Purchase, Victoria’s Secret, Tub & Physique Works, and La Senza. He spent a decade main the worldwide development of Wendy’s in LATAM, MENA and ASPAC, rising the area 5x to 500 models whereas opening seven new markets and managing a $250mn P&L throughout 13 nations. He led the acquisition and merger of the Japanese First Kitchen model, including 60 models in 2 years, serving because the MD of Wendy’s First Kitchen enterprise.
Patrick Speek is an govt with 30 years of expertise throughout listed US multinationals together with Common Electrical, Danaher, household companies, and portfolio firms for P/E funds (EQT, Bain Capital, SK Capital, Altor). His experiences embrace the setup of $200mn of Greenfields in eight MEA markets; constructing shared providers for Finance, IT, Procurement, Tax and Authorized in MEA; enterprise transformations in distressed property for PE owned extremely leveraged firms; executing 25+ acquisitions throughout 10+ geographies in a spread of $10mn to $1bn valuation; creating tax environment friendly authorized constructions; elevating debt in EMEA; and refinancing in South Africa with a 50% enchancment on charges/phrases.
Jeremiah Inexperienced is a former CEO, CTO and Working Associate in Non-public Fairness. He’s expert in business funding, capital elevating, and optimizing operations by know-how. He hung out in all kinds of early stage and Non-public Fairness environments evaluating investments and sourcing offers. Within the final 10 years Jeremiah has raised over $100mn in fairness and debt in a number of roles at non-public firms in a various set of industries, together with F&B. In his final position he helped elevate fairness capital and led the group that grew income by 650% over a 3-year interval. He’s a former CPA and has labored at Ernst & Younger, KPMG, a Valor Fairness fund firm and a intently held Non-public Fairness fund.
As soon as shaped, the SCP fund can be supported by advisors who’re globally recognizable F&B franchise executives together with; Larry Kruguer, former world COO of Wingstop; Jason Marker, former President, KFC, US and former CEO of CKE (Carl’s Jr. & Hardees); John Ache, former Managing Director of Wendy’s Worldwide and former Vice Chairman for KFC Philippines and Canada; Joel Silverstein, former CEO of Outback Steakhouse, ASPAC and former Board Member of KFC, Japan; and Brittain Ladd, a logistics and provide chain world thought chief.
SCP advisors additionally embrace regional consultants Mohammed Al Madani, Chairman & CEO of the Al Madani Group of firms; Micah Phelps, Non-public Fairness Investor at QIA; Saim Korlu, Managing Director at Prospera Capital Companions; David Huesser, former actual property govt with Al-Futtaim, Nakheel, and Attire Group; and Marcus Potter, Managing Associate at Circulus ME.
Mohammed Al Madani feedback, “I consider SCP will entice overseas funding exterior of Oil & Fuel to the area. High world expertise can be drawn to MENA in each the F&B and funding sectors, very similar to Non-public Fairness has finished efficiently within the USA. Their company experience and operational sophistication can be shared broadly throughout the area, serving to us enhance and advance as a enterprise neighborhood.”
Jason Marker shares, “From my expertise as former CEO of CKE Eating places (father or mother of Carl’s Jr. & Hardees) and VP International Advertising and marketing for KFC, I can confidently say that SCP’s mixture of trade experience and concentrate on this enticing sector in an rising market is a compelling recipe for fulfillment in MENA. Their emphasis on operational excellence over monetary re-engineering is the correct mannequin in a risky rate of interest setting, and the current MENA IPO exercise and enticing F&B valuations solely serve to bolster their thesis.”
As soon as shaped and at scale, SCP will contribute to the regional aim of diversification away from Oil & Fuel. SCP will entice world expertise to MENA from each the F&B and asset administration sectors, and the experience inside the fund and types will contribute to the broader improvement of human capital within the area. The fund plans to draw overseas direct funding to MENA, leveraging the worldwide relationships it possesses in each F&B and asset administration. SCP will adhere to world requirements in company governance, operational excellence, and regulatory compliance, all whereas introducing thrilling iconic manufacturers to the customers of the area.
The publish REVEALING THE GENERAL PARTNERS AND ADVISORS OF UPCOMING F&B PRIVATE EQUITY FUND, SHATRANJ CAPITAL PARTNERS appeared first on Lodge Information ME.