Size We invest in middle-market companies in the U.S. and Canada. More specifically, we look for companies with enterprise values between $30 million and $500 million and with revenues in the range of $30 million to $400 million. Situation We consider a variety of deal structures: Ownership restructurings in closely-held and family-owned companies Management buyouts Growth equity funding Going-private transactions Investments in under-performing public and private companies in attractive sectors Recapitalizations We do not pursue hostile transactions. Control Flexibility We understand there is often a need to be flexible with respect to control, and will consider owning between 5% and 80% of the companies in our portfolio. More than half of our investments have been under 50%. That said, we will always have influence and seek either voting control or minority rights. Furthermore, Board representation is particularly important to us. We have a long track record as good partners with other shareholders, including management, family, or other private equity firms. Sectors We will consider investments in most sectors if our strategic and operating expertise present an opportunity to create value. We prefer to invest in companies with high returns on tangible assets and with positive cash flow from operations. We are actively seeking opportunities in the following industries: Outsourced business services Education and training Marketing and media Consumer products Healthcare Financial services