FOR IMMEDIATE RELEASE:
Bianchi, Lakelet Capital
Buffalo Native Joins Lakelet Capital as Senior Associate[BUFFALO, NY, March 11, 2020] – Buffalo native, Tyler Van Schoonhoven recently accepted a position at Lakelet Capital after working in Toronto for the past three years. Van Schoonhoven is joining Lakelet Capital as a senior associate and is providing the team with transaction support in evaluating and executing deals.
Van Schoonhoven said, “I’ve known Randy and others on the Lakelet team for much of my career. I am thrilled to see all they have accomplished and look forward to collaborating with the team on the further growth of Lakelet Capital.”
Before joining Lakelet Capital, Van Schoonhoven spent the last few years at a leading Toronto-based private equity firm. Over the course of his career, Van Schoonhoven has worked on over 20 acquisition and sale transactions, the majority of which had an investment strategy similar to Lakelet Capital. In addition, Van Schoonhoven enhances Lakelet Capital’s finance expertise with his deal experience from a leading North American bank where he evaluated and closed on numerous acquisition loan transactions. Early in Van Schoonhoven’s career, he was a part of an investment consulting group, providing asset allocation and third-party asset manager consulting services to pension funds.
Randy Bianchi, managing partner at Lakelet Capital said “We are thrilled to add someone with Tyler’s deep strengths on the purchase, equity, and finance side of deals. Tyler will be a very strong resource – both for new platform deals, as well as add-on acquisitions for our existing portfolio”.
About Lakelet Capital LLC
Lakelet Capital is a Buffalo-based private equity firm investing in lower middle-market companies for growth or transition. Sources of equity include committed capital from a motivated group of capital club members; including family office, high net worth and strategic investors. Lakelet acquires businesses across several industries in the U.S. and Canada with annual EBITDA in the $1MM to $10MM range. Lakelet takes a long-term investment approach helping companies go from legacy to longevity.