First and foremost, we invest in people.  Secondly, we are honest about what we don't know, therefore, we only invest in industries we understand.  Our operating philosophy entails four principals for sustainabiity and growth.

CULTURE

• accountability, action, predictability, honesty and pride

This philosophy has provided our operators the ability to manage their businesses for the long term achieving stable cash flow, preferred supplier position, growth prospects and high returns on capital employed versus competition. Our proprietary, single source of patient capital allows us to implement our philosophy with long-term objectives in mind.  We feel we are a unique alternative to today's private equity.