Page 85 - TACC 2023 Program

INVESTMENT PREFERENCES

EBSCO Capital’s primary mission is finding new platform opportunities for EBSCO Industries, as well as add-on
opportunities for our current portfolio companies. We seek to be permanent capital for durable and enduring businesses, and
partner with strong, committed management teams to create sustainable value over the long term.

NEW PLATFORM INTERESTS
EBSCO Capital is actively seeking platform investment opportunities aligned with the interests below:

Size Profitability Management Durability
New $8-25M EBITDA >10% EBITDA Proven and committed • Sustainable and clear economic moat
Platforms Margin Preferred management team • Diversified customer base

Professional Services Distribution Industrial Services Light Manufacturing
• Engineering Services • Value Add • Specialty MRO Services • Durable Niches
• Consultancies • Need-it-Now • White Van Industries
• Equipment • Water
Dealerships

ADD-ON INTERESTS FOR ACTIVE HOLDINGS
EBSCO Capital is actively seeking add-on investment opportunities for each of these portfolio companies:

Hydraulic & Electronic Electrical Components Enthusiast Products
Components for Mobile Equipment (Need-It-Now Distribution, Component (Fishing, Hunting, Outdoor)
(Cylinders, Valves, Pumps, In-Cab Controls, Manufacturing, Panel Shops and Control
and Remote Controls) Systems, Niche Electrical Equipment)

Academic Information Workspace Solutions
Products & Services (Furniture and Storage, Utility and
(Ed Tech, Content and Research) Storage Carts, Power Charging Products)

Size Profitability Management Durability
>10% EBITDA • Flexible • Sustainable and clear economic moat
Add-Ons No minimum
Margin Preferred • Situation Specific • Diversified customer base