Home - Schultze Special Purpose Acquisition Corp. II

Over 20 years of experience in private equity, SPACs, M&A, operations & public market investments

SAMA II Summary

SPAC Vehicle Summary

SAMA II, sponsored by Schultze Asset Management, completed its $165 million in IPO in October 2021 and listed on the NASDAQ exchange (SAMA, SAMAU, SAMAW)
SAMA II specializes in targets that are experiencing liquidity constraints, are financially stressed or previously emerged from a financial restructuring
Repeat, skilled team with extensive relationships across its core industry groups: Consumer / Food & Beverage, Aerospace & Defense, Media & Entertainment, Industrial Growth and Technology
Targeting high-quality companies with solid operations, management and underlying business prospects
Hybrid vehicle provides for significant liquidity and/or continued ownership and ability to de-lever, while gaining access to the public markets, strategic operating expertise and insights to drive growth
Attractive option versus IPO or outright sale (PE/strategic sourcing, investing and profiting throughout a company’s lifecycle)

Schultze Asset Management Overview

Founded in 1998, Schultze Asset Management is an award-winning investment manager led by a team with over 27 years of event-driven and distressed securities investment experience
Long and short, up and down the capital structure of US companies
Substantial employee investment in funds – firm-wide focus on aligning incentives
Access to rich opportunities across spectrum from liquid to longer-term holding periods
New York State certified Minority-Owned Business

Successful Investment History

successful investments

(1) Only includes SPAC as well as those firms where Schultze Asset Mgmt. was actively involved, invested long, and invested over $10MM between 12/1/03 – 12/31/21. Does not include short-sold companies, ETF’s, companies in the retail sector, leverage or margin borrowings, management and incentive fees, professional fees, and other trading expenses. Does not include all investments.
*Total investment transactions made by Schultze Asset Management, LP between 1/1/1998-9/17/2021, including purchases, sales, short sales, and covers of equity securities.

SPAC Transaction Benefits

Hybrid investment vehicle to provide owners significant cash liquidity at closing and meaningful continued ownership in a publicly traded vehicle.
Significant access to capital to de-lever, if needed.
Prompt access to a public market listing, a permanent capital base, and additional capital to drive further growth.
Access to significant financial and operating expertise and insights to accelerate organic and M&A-driven growth and enhance overall performance.
Opportunity to partner with owners and management to maximize value over time.

Target Investment Criteria

We intend to focus on companies with the following characteristics:

Enterprise values
between
$750MM – $1.25BN

Solid financial
fundamentals

Leading industry
market position

Attractive free cash
flow generation &
operating margins

Experienced
management team
with a proven
track record

Favorable industry
outlook

Clearly identifiable
opportunities to
execute on growth

Opportunities for
strategic acquisitions
and partnerships

Benefits stemming
from being a
publicly-traded
company

Unique growth and
upside potential

Team Overview

George Schultze

Chairman, President,
& CEO

Gary Julien

Executive Vice President,
CFO & Director

Scarlett Du

Secretary

Angela Lui

Managing Director,
Schultze Asset
Management, LP

William Allen

Director

William LaPerch

Director

John Walker

Director

David Brantner

Aerospace & Defense

Rajiv Datta

Communications Infrastructure

Chris Harned

Consumer

Cara Moreno

Technology, Media & Entertainment

John Payne

Technology

Case Studies

Werner Co:

**Description**: A leading manufacturer & marketer of ladders, climbing equipment, and fall protection products.

**Action**: Initial SAM investment in 2007, recruited Bill Allen as 10 years CEO. Over 10 years, Werner generated notable revenue and EBITDA growth, both organically and inorganically driven, reversing prior losses.

**Result**: In 2017, Werner was successfully sold to the German private equity firm, Triton partners, resulting in a 2.8x ROI on SAM’s common stock.

Armor Holdings (NYSE: AH):

**Description**: Manufactured and supplied military vehicles, armored vehicles, and safety and survivability products.

**Action**: In 2003, Gary Julien joined to spearhead a pro-active M&A program with senior management. Over 4 years, Armor Holdings executed 12 acquisitions investing $1.2 billion in total capital.

**Result**: Driven by significant organic and M&A-driven growth, Armor Holdings was purchased by BAE Systems plc for $4.5bn in 2007, reflecting a 6.4x ROI since 2003.

AboveNet (NYSE: ABVT):

**Description**: Operated metro and long-haul fiber networks serving 17 tier-1 markets in the U.S. and 4 markets in Europe.

**Action**: Following its emergence from Chapter 11 in 2003, Bill LaPerch was appointed as President and CEO, where he led significant organic revenue and EBITDA growth with industry-leading margins.

**Result**: In 2012, AboveNet was acquired by Zayo Group for $2.2 billion, reflecting an 8.3x ROI since 2003.

Clever Leaves (NASDAQ: CLVR):

**Description**: Large-scale, pharmaceutical-grade multi-national cannabis operator with industry-leading certifications and unit economics.

**Action**: Through SAMA I, we successfully merged with Clever Leaves in December 2020, significantly strengthening the company’s balance sheet with over $80m of cash on its balance sheet at closing and positioning the company for long-term growth.

**Result**: An affiliate of SAM is one of the largest shareholders and warrant holders and provides governance and strategic oversight through its board position.

News

Schultze Special Purpose Acquisition Corp. II Announces Pricing of $150 Million Initial Public Offering

RYE BROOK, NEW YORK, Oct. 07, 2021 (GLOBE NEWSWIRE) — Schultze Special Purpose Acquisition Corp. II (the “Company”), a special purpose acquisition company, today announced the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit. The units are expected to be listed on the Nasdaq Global Market (“Nasdaq”) and begin trading on October 8, 2021, under the ticker symbol “SAMAU”.

nasdaq news

Investor Relations

View and download our SEC filings.

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