We provide equity-based funding to support owner/entrepreneur run businesses in Sri Lanka. We focus on finding investment opportunities in already established brick & mortar businesses thatare at the point of transitioning into mid-to-large sized corporates, and being a part of their journey as they seek to advance to the next stage of growth.
We identified that many businesses in Sri Lanka were constrained by a distinct financing vacuum, where a shallow equity market, high-interest rates, and basic lending structures restrict companies from financing their growth and other capital requirements. Our belief is that the private space in Sri Lanka provides high investment opportunities considering the structure of financial markets, country’s stage of development, and business culture. The private equity choices available to the wide range of potential targets are scarce at the moment. We, therefore, aim to offer a non-traditional financing option that stands out not just in terms of performance and track record but also as a preferred business partner.
At Tempest, we are flexible investors, comfortable in both control and minority situations. We take on an active role in guiding each of our portfolio companies and in connecting them with strategic partners by leveraging on our strong international network of investors and corporate relationships to improve capital and funding structures and to maximize ROE. For each investment, we outline a clear timeline from entry to exit, ensuring smooth and timely execution of a development plan to realize superior earnings growth.