Sierra Lake Acquisition Corp.

General Information
Business:

We intend to capitalize on the ability of our management team to identify, acquire and manage a business that can capitalize on the operational expertise possessed by our management team across a diverse array of industries. Our management team’s experience encompasses a wide range of industries, including healthcare services, food and beverage, consumer products, industrial services, business services, real estate, professional services, homebuilding and medical and solid waste disposal (an industry we cannot pursue until Mr. Alutto’s and Mr. Burke’s non-competes expire). 

Charles Alutto has served as our CEO since inception. Mr. Alutto also serves as the Chief Executive Officer of Alutto Consulting, a consulting firm helping companies focus on long-term organic growth and creating sustainable stockholder value. Previously, Mr. Alutto was President and Chief Executive Officer of Stericycle Inc. (NASDAQ: SRCL), or Stericycle, a compliance company that specializes in collecting and disposing regulated substances, such as medical waste and pharmaceuticals, from 2013 to 2019. 

Richard Burke has served as our Executive Co-Chairman since February 2021 and as a member of our board of directors since March 2021. Mr. Burke most recently served as Chief Executive Officer of Advanced Disposal Services Inc., or Advanced Disposal, (formerly NYSE: ADSW) from 2014 until the company’s sale to Waste Management, Inc. (NYSE: WM), or WM, in 2020, a deal negotiated by Mr. Burke and valued the company at $4.6 billion. 

(Note: Sierra Lake Acquisition priced its SPAC IPO on Sept. 14, 2021, in line with the terms in its prospectus: 30 million units at $10 each to raise $300 million.)

Industry: BLANK CHECKS
Employees: 0
Founded: 2021
Contact Information
Address 625 West Adams Street Chicago, IL 60661
Phone Number (331) 305-4319
Web Address
View Prospectus: Sierra Lake Acquisition Corp.
Financial Information
Market Cap $375.0mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol SIERU
Exchange NASDAQ
Shares (millions): 30.0
Price range $10.00 - $10.00
Est. $ Volume $300.0 mil
Manager / Joint Managers Cantor
CO-Managers -
Expected To Trade: 9/15/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change