Page 99 - TACC 2023 Program

Highview Capital is a Los Angeles-based private equity fund that invests in middle
market businesses poised to undergo a transformation

Investment Philosophy

We are CONSTRUCTIVE, COLLABORATIVE and LONG-TERM
partners to companies poised to undergo a TRANSFORMATION

OPERATIONALLY SPEED AND
FLEXIBLE PATIENT
FOCUSED CERTAINTY
We craft our transaction Drive transformation with Make long-term investments Ability to navigate difficult and
structures and operational operational optimization and become trusted partners time-sensitive transactions
support to meet the unique initiatives through the deep to portfolio companies without and execute with a rapid and
needs and strategies of each experience of our team specified exit timeframes transparent closing process,
business in which we invest and operating partners or obligations regarding often with no financing
investment horizons contingencies

Investment Strategy

FAMILY/FOUNDER CORPORATE BUY-AND-BUILD SPECIAL
CAPITAL SOLUTIONS CARVEOUTS OPPORTUNITIES SITUATIONS
Investments in healthy Acquisitions of non-core Control acquisitions of healthy Investments in companies
businesses where we operations or product/service businesses where we can with a fundamental reason for
actively partner with family or lines where we leverage drive a post-close acquisition being that need assistance
founder owners to execute prior experience and our strategy in fragmented through challenging situations,
performance improvement single capital source to affect industries where consolidation including companies requiring
measures to increase carveouts from larger corporate yields significant operational a turnaround plan / financial
enterprise value parents on an expedited basis benefits restructuring, addressing
liquidity challenges or managing
through one-time events
(management missteps, poor
M&A, lost customers, etc.)

$ 500 TYPICAL INVESTMENT CRITERIA

Million EQUITY CAPITAL PER DEAL $20 - $125 million ($25-$75 million sweet spot)

REVENUE $50 – $500 million

Evergreen fund backed by EBITDA $5 – $50 million
SINGLE CAPITAL SOURCE; ENTERPRISE VALUE $50 – $350 million
allows flexibility in investments
GEOGRAPHIC FOCUS Global mandate
and operational support