Page 118 - TACC 2023 Program

Who We Are

• Private equity firm pursuing control The Milton Street Team
investments in North American, lower
middle market industrial companies Investment Committee
Francis Carr
Bob Hogan
Kendall Childers
Brian Hensley
• Focused on B2B operators providing Managing Partner Managing Partner Vice President, BD Vice President
commercial and industrial services and
rentals, niche manufacturing, and value-
added distribution Tim Bernica Kevin Crook Emily Kelting Reid Shows
Associate
Associate, BD
Partner
Partner
• MSC seeks to invest in the ‘New World’
economy through an industrial lens Hunter Nelson Don Shaver Paul Labanowski Annie Kansas
• Making transformational and sustainable Senior Partner Senior Partner Associate Office Manager
changes through a hands-on model
• Currently investing out of Fund II Contact Kendall at partner@miltonstreetcap,com
Investment Criteria

Sustainably
Great
Business
EBITDA
$5-20 million Headquarters Enterprise Value Equity Investment Control Position Identifiable Value
With Flexibility North America <$250 million $20-100 million Creation

Transaction Types Current Themes of Interest Representative Sectors

• Corporate Carveouts • Material Handling • Automotive • Industrial Manufacturing
• Recapitalizations • Recycling • Building Products • Industrial Services
• Complex Situations • Electrification • Chemicals • Infrastructure Services
• Operationally Underperforming • IIoT Distribution & Services • Commercial Rental • Medical Equipment
Businesses • Water Infrastructure & Treatment • Commercial Services • Metal Fabrication
• Founder, Family, or Management • Specialty Wire & Cable • Equipment Consumables • Plastics & Packaging
Owned Businesses
• Essential Services Supply Chain
Milton Street Portfolio

Description: Blender and Packager of Industrial & Commercial Lubricants and Automotive Fluids Completed Add-Ons
Transaction Type: Family Owned; Underperforming
Status: Current (Acquired February 2018)

Description: Manufacturer of Aluminum & Stainless-Steel Cryogenic Freezers Used in the Storage of Biomedical Specimen
Transaction Type: Carveout; Underperforming
Status: Current (Acquired October 2020)

Description: Manufacturer of Specialty Conveyor Components and Systems for the Material Handling Industry Completed Add-Ons
Transaction Type: Management Owned
Status: Current (Acquired Woodsage LLC November 2021)

Description: Provides Specialty Medical Beds for Rent or Sale Focused Complex Patient Needs
Transaction Type: Family Owned
Status: Current (Acquired December 2021)
Completed Add-Ons
Description: Provides Trailer & Container Rental Primarily for Storage & Cartage Applications
Transaction Type: Family Owned
Status: Former (Acquired Meisler Trailer Rentals June 2017; Sold June 2021)