The following qualitative and quantitative details provide the framework for our private investments.

Geography

• Continental U.S.

Transaction Profile

• Majority Stake (51%+)

• 10-49% seller rollover

• Seller/Management to stay in business post-closing

• Prefer backing entrepreneurs to expedite growth

EBITDA Range

• $5M - $20M+

Hold Period

• Open to short- and long-term hold periods

Sectors of Interest

1. Facility Services

2. Commercial Services

3. Industrial Services

4. Utility Services

5. Residential Services

Examples:

• Property Management

• Parking Management

• Commercial Laundry Services

• Vegetation Management