Financial & Operational Criteria

» Revenue: $10m - $60m
» Positive cash flow: $1m - $5m
    - Distressed: see below

» Independent family company in need of transition or (orphaned) division of larger parent.
» Recurring Revenue; defensible niche with competitive advantages.
» "Under-managed:" often little historical growth with suboptimal margins.
        Industry Sector Focus

Exclusively Consumer and Services with a particular
interest in:

» Consumer Products
» Food Distribution
» Consumer Services, including contract manufacturing, education, point-of-purchase displays, and fitness
» Business Services
» Information Services

We will also consider distressed investments where we co-invest with Masson & Company, a distinguished boutique. Its principals have served in CEO and CFO roles (recently as interim CEO of leading apparel maker Maidenform). Founder Charlie Masson had previously run the restructuring group at Salomon Brothers, Inc.