Britt Terrell
Founder, Managing Director
Backbone Capital was established in 2011 by Britt Terrell, a professional in the middle market corporate finance industry with 30+ years of experience. Britt has been underwriting, structuring, closing and managing credit portfolios since the late 80s, with a focus on middle market leveraged acquisitions and corporate debt restructuring for over two decades.
Britt has worked on both the borrower and lender sides throughout his career. He joined Wells Fargo Foothill’s Los Angeles office as the Underwriting Manager in 2000, during which time he closed transactions representing approximately $1 Billion in commitments. In 2002, Britt joined The Gores Group in Los Angeles to arrange and manage all acquisition debt financings and recapitalizations for its Private Equity Fund. During his 9 year tenure at Gores, Britt led and closed approximately $2 Billion in debt financings.
Britt is a member of the Association for Corporate Growth (ACG) and participates regularly in discussion panels at finance conferences. He holds a BA Degree in Business Economics from the University of California, Santa Barbara, with an emphasis in Accounting.
Britt is registered through FINRA as an Investment Banking Representative (Series’ 79 and 63.) Securities are offered through PGP Capital Advisors, LLC (FINRA/SIPC).
Chas Schlaack
Principal
Mr. Schlaack is a Principal at Backbone Capital Advisors, LLC, focusing on new business originations and capital markets advisory services to private equity funds, independent sponsors, and businesses in the lower/middle-market.
Prior to Backbone, Mr. Schlaack was CFO for two private equity-sponsored investments in the CPG industry: Tillamook Country Smoker, a leading provider of branded meat snacks, and Century Snacks, a leading distributor of branded and private label salty snacks. Before his time as a CFO, Mr. Schlaack was a Vice President with Transom Capital Group, a Los Angeles-based private equity fund, where he focused on distressed and special situations transactions in consumer-facing industries.
Mr. Schlaack holds a B.A. Degree in Political Science from Northwestern University and an MBA from the UCLA Anderson School of Management.