Investment Focus
Stratelis operates across four primary investment domains, each selected for its capacity to generate durable, compounding returns over the long arc. We are sector-agnostic but geographically and thematically deliberate.
The most compelling acquisition opportunities are not the ones investment bankers bring to auction. They are the businesses where a founder has built something exceptional over decades and now faces a transition — succession, scale, or strategic evolution — that requires a capital partner with genuine long-term orientation.
Stratelis partners with these businesses not as a temporary owner but as a permanent steward. We bring patient capital, strategic counsel, and institutional infrastructure while preserving the culture and values that created the business's advantage in the first place.
What we look for
Structural dislocations — regulatory change, sector rotation, temporary earnings impairment, corporate carve-outs, or macroeconomic stress — create windows in which high-quality assets become temporarily mispriced relative to their intrinsic value.
Stratelis is constructed to act decisively in these moments. We maintain dry powder specifically to deploy when others are retreating. Our edge is not information; it is temperament, preparation, and the willingness to buy conviction when the crowd is selling uncertainty.
Target situations
Infrastructure investments represent the purest expression of our long-arc philosophy. These are assets that economies cannot function without — energy systems, data infrastructure, transportation networks, and essential utilities that generate stable, contractual cash flows regardless of the economic cycle.
We are particularly focused on infrastructure at the intersection of the energy transition and the digital economy. Geothermal energy, data centre power and cooling, subsea connectivity, and industrial decarbonisation represent a generational investment opportunity being created by the convergence of AI demand and clean energy mandates.
Preferred characteristics
Stratelis maintains selective co-investment relationships with sovereign wealth funds, institutional family offices, development finance institutions, and leading alternative asset managers. In transactions where scale, local relationships, or complementary expertise enhances outcomes, we collaborate rather than compete.
These partnerships are built on a foundation of aligned economic interests — co-investors participate on the same terms as Stratelis with no hidden fees or preferential economics that disadvantage our partners.
Partnership criteria
Geothermal, renewables, grid modernisation, and industrial decarbonisation.
Data centres, fibre networks, subsea cable, and edge computing infrastructure.
Specialty care, diagnostics, and healthcare technology in underserved markets.
Vertical SaaS with high switching costs, recurring revenue, and mission-critical workflows.
Specialised industrial businesses with proprietary process knowledge and durable customer relationships.
Specialty finance, insurance, and fintech platforms in markets with low penetration.
Premium consumer brands with genuine pricing power, loyalty, and international expansion potential.
Industrial real estate, logistics infrastructure, and mixed-use development in high-growth corridors.
Investment Parameters
Transaction Size
We engage in transactions across a broad size range. Larger deals may be syndicated with co-investment partners on aligned terms.
Geography
No geographic restrictions. We are particularly active in GCC, Turkey, Southeast Asia, and select European markets alongside the US.
Hold Period
We do not invest in businesses we are not prepared to own indefinitely. Our preference is permanent ownership where economics allow.
Stake Size
We seek controlling positions where possible, but will take meaningful minority stakes with strong governance rights in the right situations.
Return Target
We target 15–25% net IRR across our portfolio, with individual investments sized to reflect expected return and conviction level.
Minimum EBITDA
We generally require demonstrated profitability for operating companies. Pre-revenue infrastructure projects are assessed on project economics.