Perspective. Alignment. Advantage.
Perspective creates advantage.
23.5 Strategies helps leaders, owners and capital partners navigate consequential business situations — defining the strategy, assembling the right capabilities, and remaining engaged through execution to turn decisions into outcomes.
Strategy · Transactions · Growth · Transformation · Operator Partnership
Who We Help
The firm engages when the decision matters and senior judgment is the work itself.
How We Engage
From Judgment to Execution
Not every consequential situation requires another permanent team. 23.5 scales the capabilities around the mandate — from focused senior counsel to purpose-built teams supporting transactions, integrations, growth programs and operating transformations.
Architect
Define the problem, economics, decisions and capabilities required.
Assemble
Bring together the senior operators and specialists the situation requires.
Execute & Transfer
Work alongside leadership through the critical operating window, then institutionalize the capability, operating model or cadence required to carry it forward.
Operator Partnership
Reflects cumulative experience across operating, corporate-development and advisory roles.
Selected Work
Engagements where the firm’s judgment shaped the outcome.
Value Acceleration Blueprint
Global Renewable Fuels & Refining Operator (Anonymized) · Multi-Region Platform
A global renewable fuels and refining operator carrying compounding pressure: reliability variability, cost escalation, concentrated product-market exposure, scenario planning that hadn't been operationalized, and external credibility eroding at exactly the moment guidance discipline mattered most.
JV Growth Operating Model
Major U.S. Refiner-Marketer + Best-in-Class Convenience Retail Operator (Anonymized)
A growth plan built to win in a structurally challenged, highly competitive metro market — fragmented assets, inconsistent site quality, accelerating consolidation, and margin compression driven by high-volume entrants. The response was a joint venture designed to re-scale advantage through a clear division of strengths.
High-Stakes Stakeholder Engagement & Digital Grassroots Blueprint
Multi-State Energy Infrastructure Sponsor (Anonymized) · Corridor Repurpose + Expansion
A permit-critical multi-state corridor project facing converging regulatory, community, and political pressure on a tight schedule — heightened public attention on safety and environmental risk, NGO advocacy and social media dynamics, and stakeholder fragmentation across federal, state, local, and tribal layers.
Insights
Active coverage, updated judgment.
Founder
Institutional rigor.
Personal accountability.
Bryan Kaus · Energy and industrials executive. Investor-operator. Founder.
Bryan Kaus works across markets, operations, capital allocation, and institutional strategy: the decisions that determine enterprise value across energy, industrials, and adjacent real-economy markets. He founded Twenty Three Point Five Strategies to bring that judgment to companies, investors, and leadership teams at consequential moments.
The firm carries institutional weight: a curated bench of senior operators and specialists, engaged as the work warrants. What a client engages is his judgment, and he is accountable for every mandate from first call through close-out.
Engagements
When the market turns, perspective matters.
The firm engages selectively. If your situation warrants senior counsel, we will respond personally.