We look to invest in leading lower middle market companies with the following characteristics:

Proven Management Teams - We seek to partner with management teams with a growth orientation and a successful track record.

Industries - While our portfolio has historically been diverse, we are particularly interested in distribution, business services and specialty manufacturing companies.

Size - Most of our transactions involve companies valued $25 - $125 million. Our target equity investment is $10 - $30 million (larger with Limited Partner
co-investment). We will also consider smaller strategic acquisitions for our current portfolio companies.

Geography - While we invest nationally, we are particularly interested in businesses located in the South. Approximately 80% of our investments have been headquartered in this region.