Our Approach

Investment Focus: Consumer-Facing Enterprises Able to Dominate a Particular Niche in the Marketplace

Act III Objective: Investing into long-term consumer tailwinds and only where we can offer competitive advantage beyond capital (through knowledge and experience)

Act III Approach: Support strong management teams in building differentiated and better positioned businesses

Long-Term perspective and conservative capital structure—utilized to support that approach

Founder-Friendly Capital

$300 Million Evergreen Investment Vehicle—Funded entirely by our partners

Continuous Capital…So Founders Never Worry About Financing—Funds through all rounds of fundraising

No Exploding Terms—No anti-dilutive or preferred terms

“Sherpa Management,” Not Venture Capital

Act III Objective: To enable “mistake avoidance” by leveraging our growth playbook, experience and industry knowledge

C-Suite Capabilities in Concept Evolution and Consumer Insights, Technology, Off-Premises, Human Capital and Growth—Enabling our management teams to avoid time- and focus-draining subscale investments

OUR PARTNERSHIP: PHILOSOPHY + PRINCIPLES


  • Act III Objective: Investing into long-term consumer tailwinds and only where we can offer competitive advantage beyond capital (through knowledge and experience)
  • Act III Approach: Support strong management teams in building differentiated and better positioned businesses
  • Long-Term perspective and conservative capital structure—utilized to support that approach

VENTURE GUIDANCE, NOT VENTURE CAPITAL


“Sherpa Management” - ACT III Enables “Mistake Avoidance”


  • $300 Million Evergreen Investment Vehicle—Funded entirely by our partners
  • Continuous Capital…So Founders Never Worry About Financing—Funds through all rounds of fundraising
  • No Exploding Terms—No anti-dilutive or preferred terms

FOUNDER-FRIENDLY CAPITAL



$300 Million Evergreen Investment Vehicle Funded Entirely By Our Partners


  • Act III Objective: To enable “mistake avoidance” by leveraging our growth playbook, experience and industry knowledge
  • C-Suite Capabilities in Concept Evolution and Consumer Insights, Technology, Off-Premises, Human Capital and Growth—Enabling our management teams to avoid time- and focus-draining subscale investments

TARGET COMPANIES: CONSUMER-FACING ENTERPRISES ABLE TO DOMINATE THEIR NICHE

Investing Only Where We Can Offer Competitive Advantage Beyond Capital