Page 140 - TACC 2023 Program

EXPERIENCED OPERATORS INVESTING
IN THE MIDDLE MARKET

INVESTMENT CRITERIA TARGET MARKET CHARACTERISTICS
Geography: Global exposure with North Good business:
FUND SIZE American or European HQ End market growth
$800M Fund II (Flagship) Sectors: B2B Industrials, Manufacturing, & Historical growth at/above market
$250M Mobility Opportunity Fund (Fund Specialty Distribution Market leading player
II overage vehicle investing in EV, Special Thesis Areas: Strong FCF conversion
lightweighting, autonomous, and Mobility Operationally underperforming
connected car technologies) Infrastructure peers/ benchmarks
Additional Co-Invest on every deal ($1B+ Industry 4.0 Definable Value Creation Plan prior to
to date) Exclusions: close
AUM: $3.4B >25% exposure to Big Box Retail DEAL SIZE
Turnarounds Equity Investment: $20M to $350M
EBITDA: $15M to $100M
Revenue: >$75M
Transaction Size: Up to $500M

INVESTMENTS

Metal Processing & Automotive Advanced Steel Infrastructure Worker Safety & Bicycle Parts &
Distribution Transmission Manufacturing Buy & Manufacturer Access Solutions Accessories Distribution
Carol Stream, IL Thatcham, UK Build Kosciusko, MS Andrews, SC Quebec City, QC
Revenue: $1B Revenue: ~£82M Quebec City, QC Revenue: ~$140M Revenue: ~$150M Revenue: ~CAD $170M
Fund(s): MiddleGround Fund(s): Fund II / MOF Revenue: ~$13M Fund(s): Fund I Fund(s): Fund II Fund(s): Fund II
Carbon CV Acquired: July 2023 Fund(s): Fund II Acquired: Dec 2022 Acquired: Nov 2022 Acquired Sep 2022
Acquired: Nov 2023 Acquired: Jan 2023

Flow Control Powersports Precast Concrete Automotive Garage Door
Distributor Aftermarket Manufacturer Exterior Trim Components
Baton Rouge, LA Mentor, OH Canal Fulton, OH Oldcastle, ON Archbold, OH
Revenue: ~$500M Revenue: ~$325M Revenue: ~$125M Revenue: ~$750M Revenue: ~$250M
Fund(s): Fund II Fund(s): Fund II Fund(s): Fund II Fund(s): Fund I / MOF Fund(s): Fund I
Acquired: July 2022 Acquired: Nov 2021 Acquired: Nov 2021 Acquired: Oct 2021 Acquired: Sept 2021

Lightweight Auto Metal Processing & Steel Metal Metal Springs Manufacturer Precision Metal
Technologies & Auto Distribution Fabricator Southfield, MI Components
Electrification Carol Stream, IL Hartford, WI Revenue: ~$110M Elyria, OH
Valley City, OH Revenue: ~$300M Revenue: ~$150M Fund(s): Fund I Revenue: ~$220M
Revenue: ~$1.2B Fund(s): Fund I Fund(s): Fund I Acquired: April 2019 Fund(s): Fund I
Fund(s): Fund I / MOF I Acquired: Dec 2019 Acquired: May 2019 Realized: Sept 2023 Acquired: July 2018
Acquired: Nov 2020 Realized: Nov 2023
*Revenue based on LTM at time of acquisition

For NA transaction opportunities, please email
DYANA BAURLEY at [email protected] AMSTERDAM, NL LEXINGTON, KY (HQ) NEW YORK, NY
For EU transaction opportunities, please email Gustav Mahlerplein 59 1500 Aristides Blvd 10 Crosby Street, 4th
Floor New York, NY 10013
1082 MS Amsterdam
Lexington, KY 40511
ANTHONY DENAIX at [email protected]