Page 172 - TACC 2023 Program

Stonehenge Partners is an Ohio-based private equity firm that focuses exclusively on the lower middle

market. Founded in 1999, we have a long history of partnering with leading entrepreneurs and managers
who are focused on building winning teams, accelerating growth, and creating shareholder value. We
provide flexible capital that meets the needs of all stakeholders, including majority equity, minority equity,
debt, and combinations thereof. We have raised more than $1.4 billion of committed capital and are

currently investing out of our sixth institutional fund.

Overview

Investment Structures

• Target investment size of $10 million to $50 million
• Flexibility to invest majority equity, minority equity, subordinated debt, or combinations thereof
• Sole institutional capital provider or co-investment partner
• Current Fund: Stonehenge Opportunity Fund V LP - $375 million private equity fund

Characteristics of Investment Candidates Situations
• Proven management teams with properly aligned incentives • Management buyouts
• Stable operating history with cash flow in excess of $2 million • Leveraged acquisitions

• Strong & defensible position in a defined market • Recapitalizations
• Compelling industry fundamentals • Growth equity
Sector Expertise

Manufacturing Business Services
• Niche Manufacturing • Facility and Residential Services
• Engineered Products • Route Based Services
• Industrial Tech / Automation • Test, Inspection, & Compliance
• Packaging • Environmental Services
• Auto Aftermarket • Franchisors & Franchisees (not QSR)

Healthcare Distribution
• Healthcare Services • Industrial Products
• Behavioral Health • Building Products
• Hospice
• Veterinary
• PPMs and DSOs

Business Development — New Investment Opportunities

Michael Arguelles, Partner Chris Buehler, Director
(614) 246-2490 (614) 246-2542
[email protected] [email protected]

191 W. Nationwide Blvd., Suite 600 Columbus, OH 43215 (614) 246-2500 www.stonehengepartners.com