Franchise Operating Partner

We Don't Just
Invest.
We Operate.

Waterslake Capital partners with franchise systems to build lasting value through operational excellence, patient capital, and extraordinary teams.

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15+
Locations Operated
3
Brand Partners
400+
Team Members
40
Units in Development
How We Work

Acquire. Operate. Scale.

A disciplined flywheel for building lasting value in franchise systems.

01

Acquire

We identify high-quality franchise systems with defensible brands, strong unit economics, and room to grow. We move fast, close clean, and pay fair.

02

Operate

Capital alone doesn't build businesses. We deploy experienced operators, implement rigorous systems, and drive performance at every level.

03

Scale

We reinvest returns to expand our footprint, compound value, and build something that lasts. This isn't a flip. It's a build.

Our North Star

Create a Willy Wonka Experience for Everyone

This is our purpose. Every decision, every hire, every investment is measured against this standard. We're in the business of creating magic.

Our Purpose

Create a Willy Wonka experience for everyone

Not just customers. Everyone—team members, partners, franchisees, communities. When you interact with a Waterslake brand, you should feel something special.

Our Niche

Creating loyalty through unparalleled experiences

We don't compete on price. We don't do "good enough." Every touchpoint is an opportunity to earn someone's lifelong loyalty.

The Code We Live By

Core Values

These aren't poster words. They're how we hire, how we fire, and how we make every decision.

🛡️

Be Above Board

Integrity in every handshake. Ethics in every deal. Honesty in every conversation. We're dependable because our word means something.

🔥

Do Epic Sh*t

We create remarkable experiences. We strive to be the best at what we do. We bias toward action. High standards, fast movement, extraordinary results.

Mullet Effect

Business in the front, party in the back. Goal-driven but having a damn good time.

Be Human

Do the right thing. Be authentic. Stay humble. Treat everyone like family.

Lifesaver

Collaborative team players who lift everyone up. No lone wolves. We win together.

Jonathan Spindler
I spent years commanding vessels in some of the most demanding environments on earth. The best outcomes come from disciplined execution, clear accountability, and putting the right people in the right seats.
Jonathan Spindler
Founder & CEO

Let's Build Something
Extraordinary

Whether you're a franchisee exploring a sale, a brand looking for an operating partner, or someone who wants to build something real — we'd like to hear from you.