INVESTMENT CRITERIA

• Revenue between $1 million and $25 million
• Clearly identifiable niche markets
• Tangible product that receives reorders
• Expandable
• People quality, relationships and service matter
• Patents and/or protectable product

SECTOR/INDUSTRY FOCUS

• Consumer products
• Light manufacturing
• Niche distribution
• Licensing (excluding apparel)

OWNERSHIP

• Control positions
• Consider minority interest in growth companies with strong management

GEOGRAPHIC FOCUS

• USA, with capacity for global distribution

AREAS OF LIMITED INTEREST

• Speculative technology
• Commodity products or services
• Low-margin manufacturing
• Highly regulated industries
• Financial services