Over $60m of Second Bite Liquidity
Chad Scripps started Black Lake Capital in 2013 after stints at McKinsey, HIG, and several hedge funds. Based in Denver, Black Lake closes just 1-2 acquisitions per year despite reviewing thousands of opportunities. The firm calls itself tech-enabled, but Chad admits that’s a loose moniker: “If you’ve got email, we’ll call you tech enabled.”


More recent episodes

The 123-Year-Old Firm's Independent Sponsor Blitz
HKW is a 123-year-old firm that evolved from investment bank to PE investor and now independent sponsor. CEO Ted Kramer explains how 180 completed acquisitions and 25,000 tracked deals have sharpened its pattern recognition.

11 Exits in 11 Years
Lou Grabowsky didn’t build Juniper like a typical independent sponsor. After decades at Arthur Andersen and Grant Thornton, he and his son Brian raised capital upfront to stand up the management company, not just chase the first deal. That meant people, process, credibility, and enough infrastructure to look like a real buyer from day 1.

Holding All-Equity Deals Forever
Logan Walters of Forge Equity discusses indefinite hold periods in private equity, dividend strategies, and case studies from electronics recycling to equipment rentals.