Business: |
We intend to seek to acquire one or more businesses with an aggregate enterprise value in excess of $750 million. (Incorporated in the Cayman Islands)
Our target sectors may include but are not limited to: consumer, food and agriculture, e-commerce, Internet and retail, financial services and financial technology; media, entertainment and hospitality, business services, software and SaaS (Software as a Service); telecommunications services and technology, industrial technology and infrastructure and energy transition.
We have been formed as part of a long-term vision to sponsor a series of special purpose acquisition companies (“SPACs”). Members of our management team worked together as executive officers or members of the board of directors of SBXC, Boxwood Merger Corp, which completed its initial business combination with Atlas Technical Consultants, Inc., and SBEA, which completed its initial business combination with Black Rifle Coffee Company (BRCC). Therefore, we represent the fourth SPAC that members of our management team have led. We believe this vision, strategy and experience will serve as a competitive advantage for us.
Stephen M. Kadenacy, our Chairman and CEO, is a Co-Founder and a Co- Managing Partner of SilverBox Capital. Mr. Kadenacy has been serving as Chief Financial Officer of BRCC since September 2023 and Chairman and Chief Executive Officer of SBXC since its initial public offering in February 2023. He has also served as the Chairman of Centerline Logistics Corp, a leading marine oil transportation services firm and ship assist company, since July 2019. Between May 2008 and July 2017, Mr. Kadenacy served in a number of senior leadership roles at AECOM, a large engineering and technical services business, including its President and Chief Operating Officer from September 2015 to July 2017, President and Chief Financial Officer from 2014 to 2015 and Chief Financial Officer from 2011 to 2014. During his tenure at AECOM, the company grew from approximately $5 billion of revenues in 2008 to approximately $18 billion in 2017. Previously, Mr. Kadenacy was a Partner at KPMG in Economic Consulting.
Joseph E. Reece, our Founding Partner, is a Co-Founder and a Co-Managing Partner of SilverBox Capital. Previously, he founded Helena Capital, a merchant bank and a predecessor company of SilverBox Capital, in April 2015 and served as Chief Executive Officer until January 2017, and then again from October 2018. Mr. Reece has been serving as Founding Partner of SBXC since February 2023. He is the Chief Executive Officer and Chief Compliance Officer of SilverBox Securities. He served as Executive Vice Chairman and Head of UBS Securities, LLC’s Investment Bank for the Americas from February 2017 to September 2018. Before that, he was at Credit Suisse from 1997 to 2015, in roles of increasing responsibility, including eventually serving as Global Head of Equity Capital Markets and Co-Head of Credit Risk. His previous experience includes practicing as an attorney for 10 years, including at the law firm of Skadden, Arps, Slate, Meagher & Flom LLP and at the SEC.
(Note: SilverBox Corp. IV priced its SPAC IPO in sync with the terms in the prospectus – 20.0 million units at $10.00 each – to raise $200.0 million on Thursday night, Aug. 15, 2024.)
(Note: SilverBox Corp. IV disclosed the terms for its SPAC IPO – 20.0 million units at $10.00 each to raise $200.0 million – in an S-1 filing dated June 18, 2024. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant.)
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