Goense Bounds & Partners
272 East Deerpath Road
Suite 300
Lake Forest, IL 60045
847-735-2000 Ph
847-735-2003 Fax

slc@goensebounds.com

Our collective experience has shaped
our investment criteria.

We are highly selective and we seek fewer, better investment opportunities. Below is a summarized list of our criteria:

Types of Business
Privately-held businesses
Subsidiaries and divisions of larger companies

Industry Focus
Building Materials and Services
Consumer Products
Business Services
Specialty Manufacturing
Investments outside these industries will be considered on a
case-by-case basis

Company Characteristics
Market/industry segment leadership or niche with defensible market position
Predictable cash flows; operating profit margins of 10 percent or better
Growth opportunities—internal and via acquisition Company Size
EBITDA in excess of $2 million
No minimum size for add-on acquisitions

Investment Size
$1-30 million; substantial additional capital available through GB from limited partners
Lead equity sponsor

Investment Structure
Common stock
Preferred stock

Investment Horizon
Four to seven years

Geography
United States and Canada

GB & Intermediaries:
We compensate buy-side and sell-side intermediaries when appropriate. Our sourcing network is attracted to our approach because it leads to a high closing percentage and fast closing speed.