About This Fund
Fund II of TELEO Capital builds on the firm’s operationally‑focused private equity platform that specializes in corporate carve‑outs, founder‑led companies and under‑performing assets in the lower middle market. With commitments of USD 350 million at its hard cap, the fund targets control investments in businesses that can benefit from TELEO’s dedicated team of operational professionals, proven carve‑out playbook, and focus on speed and certainty of execution. The investment strategy emphasises enterprise software, tech‑enabled services and healthcare IT, acquiring mission‑critical divisions of larger corporations where TELEO can strengthen go‑to‑market, accelerate product development (including adoption of AI) and enhance operational efficiency. Typical target companies are in the lower middle market — for example, recurring or re‑occurring revenue models, scalable cost structures, asset‑light business models, profitability not strictly required — with enterprise values up to about USD 100 million and equity checks in the USD 10‑50 million range. Geographically, while based in the U.S., TELEO Capital looks broadly across North America (and may consider Europe/Australia) to deploy its platform‑driven approach in complex carve‑out transactions and special situations where operational value creation is key.