Investment Team

 

acquisition criteria

Additional Guidance on Platform Companies

New platform companies need only fit the general criteria outlined in the top section. However, there are a few areas where we have greater knowledge or more specific interest:

Product types:

  1) Component manufacturers (parts of larger products or systems)
  2) Niche equipment manufacturers (not large capital intensive equipment, but "smaller ticket" items)
  3) Specialized infrastructure manufacturers (building materials used in specialized environments)

Preferred industries:
Primary:
(SIC code)

2241 Narrow Fabric and Other Smallwares Mills: Cotton, wool, silk and manmade fiber
2295 Coated fabrics, not rubberized
2297 Nonwoven fabrics
2299 All - Textile goods, not elsewhere classified
2399 Fabricated textile products, not elsewhere classified
2452 Prefabricated wood buildings and components
2499 Wood products, not elsewhere classified
2531 Public building and related furniture
2599 Furniture and fixtures, not elsewhere classified
2653 Corrugated and solid fiber boxes
2655 Fiber cans, tubes, drums, and similar products
2671 Packaging paper and plastics film, coated and laminated
2672 Coated and laminated paper, not elsewhere classified
2673 Plastics, foil and coated paper bags
2679 Converted paper and paperboard products, not elsewhere classified
2789 Bookbinding and related work
2842 Specialty cleaning, polishing, and sanitation preparations
2891 Adhesives and sealants
2899 Chemicals and chemical preparations, not elsewhere classified
3053 Gaskets, packing, and sealing devices
3061 Molded, extruded, and lathe-cut mechanical rubber goods
3069 Fabricated rubber products, not elsewhere classified
3083 Laminated plastics plate
3085 Plastics bottles
3086 Plastic foam products
3251 Brick and structural clay tile
3259 Structural clay products, not elsewhere classified
3264 Porcelain electrical supplies
3291 Abrasive products
3297 Nonclay refractories
3351 Rolling, drawing and extruding of copper
3354 Aluminum extruded products
3355 Aluminum rolling and drawing, not elsewhere classified
3364 Nonferrous die-castings, except aluminum
3399 Primary metal products, not elsewhere classified
3429 Hardware, not elsewhere classified
3433 Heating equipment, except electric and warm air furnaces
3443 Fabricated plate work (boiler shops)
3448 Prefabricated metal buildings and components
3451 Screw machine products
3469 Metal stampings, not elsewhere classified
3479 Coating, engraving, and allied services, not elsewhere classified
3491 Industrial valves
3492 Fluid power valves and hose fittings
3493 Steel springs, except wire
3495 Wire springs
3496 Miscellaneous fabricated wire products
3499 Fabricated metal products, not elsewhere classified
3511 Steam, gas, and hydraulic turbines
3523 Farm machinery and equipment
3531 Construction machinery and equipment
3532 Mining machinery and equipment
3533 Oil and gas field machinery and equipment
3534 Elevators and moving stairways
3535 Conveyers and conveying equipment
3541 Machine tools, metal cutting types
3543 Industrial patterns
3548 Electric and gas welding and soldering equipment
3552 Textile machinery
3554 Paper industries machinery
3555 Printing trades machinery and equipment
3556 Food products machinery
3559 Special industry machinery, not elsewhere classified
3561 Pumps and pumping equipment
3563 Air and gas compressors
3564 Industrial and commercial fans and blowers and air purification equipment
3566 Speed changers, industrial high-speed drivers, and gears
3567 Industrial process furnaces and ovens
3568 Mechanical power transmission equipment
3569 General industrial machinery and equipment, not elsewhere classified
3582 Commercial laundry, drycleaning, and pressing machines
3585 Air-conditioning and warm air heating equipment and C&I refrigeration equipment
3586 Measuring and dispensing pumps
3589 Service industry machinery, not elsewhere classified
3593 Fluid power cylinders and actuators
3594 Fluid power pumps and motors
3596 Scales and balances, except laboratory
3599 Industrial and commercial machinery and equipment, not elsewhere classified
3612 Power, distribution and specialty transformers
3621 Motors and generators
3624 Carbon and graphite products
3625 Relays and industrial controls
3629 Electrical industrial apparatus, not elsewhere classified
3643 Current-carrying wiring devices
3646 Commercial, industrial, and institutional electric lighting fixtures
3648 Lighting equipment, not elsewhere classified
3661 Telephone and telegraph apparatus
3669 Communications equipment, not elsewhere classified
3677 Electronic coils, transformers and other inductors
3678 Electronic connectors
3679 Electronic components, not elsewhere classified
3699 Electrical machinery, equipment, and supplies, not elsewhere classified
3724 Aircraft engines and engine parts
3728 Aircraft parts and auxiliary equipment, not elsewhere classified
3743 Railroad equipment
3799 Transportation equipment, not elsewhere classified
3821 Laboratory apparatus and furniture
3824 Totalizing fluid meters and counting devices
3825 Instruments for measuring and testing of electricity and electrical signals
3827 Optical instruments and lenses
3829 Measuring and controlling devices, not elsewhere classified
3841 Surgical and medical instruments and apparatus
3842 Orthopedic, prosthetic, and surgical appliances and supplies
3843 Dental equipment and supplies

Secondary: (SIC code)

2211 Broadwoven Fabric Mills, Cotton
2221 Broadwoven Fabric Mills, Manmade Fiber and Silk
2257 Weft knit fabric mills
2259 Knit mills, not elsewhere classified
2261 Finishers of broadwoven fabrics of cotton
2262 Finishers of broadwoven fabrics of manmade fiber and silk
2269 Finishers of textiles, not elsewhere classified
2281 Yarn spinning mills
2282 Yarn texturizing, throwing, twisting and winding mills
2284 Thread mills
2296 Tire cord and fabrics
2298 Cordage and twine
2393 Textile bags
2394 Canvas and related products
2396 Automotive trimmings
2421 Sawmills and planing mills, general
2426 Hardwood dimension and flooring mills
2429 Special product sawmills, not elsewhere classified
2431 Millwork
2435 Hardwood veneer and plywood
2436 Softwood veneer and plywood
2439 Structural wood members, not elsewhere classified
2441 Nailed and lock corner wood boxes and shook
2448 Wood pallets and skids
2449 Wood containers, not elsewhere classified
2451 Mobile homes
2491 Wood preserving
2493 Reconstituted wood products
2511 Wood household furniture
2514 Metal household furniture
2521 Wood office furniture
2522 Office furniture, except wood
2541 Wood office and store fixtures, partitions, shelving and lockers
2542 Office and store fixtures, partitions, shelving and lockers, except wood
2591 Drapery hardware and window blinds and shades
2611 Pulp mills
2621 Paper mills
2631 Paperboard mills
2652 Setup paperboard boxes
2656 Sanitary food containers, except folding
2657 Folding paperboard boxes, including sanitary
2674 Uncoated paper and multiwall bags
2675 Die-cut paper and paperboard and cardboard
2678 Envelopes
2741 Miscellaneous publishing
2798 Platemaking and related services
2812 Alkalies and chlorine
2813 Industrial gases
2816 Inorganic pigments
2819 Industrial inorganic chemicals, not elsewhere classified
2821 Plastic materials, synthetic resins, and nonvulcanizable elastomers
2822 Synthetic rubber
2823 Cellulosic manmade fibers
2824 Manmade organic fibers
2833 Medicinal chemicals and botanical products
2834 Pharmaceutical preparations
2835 In vitro and in vivo diagnostic substances
2836 Biological products, except diagnostic substances
2841 Soap and other detergents
2843 Surface active agents, finishing agents, sulfonated oils, and assistants
2851 Paints, varnishes, lacquers, enamels, and allied products
2861 Gum and wood chemicals
2865 Cyclic organic crudes and intermediates, and organic dyes and pigment
2869 Industrial organic chemicals, not elsewhere classified
3052 Rubber and plastics hose and belting
3081 Unsupported plastics film and sheet
3082 Unsupported plastics profile shapes
3084 Plastics pipe
3087 Custom compounding of purchased plastics resins
3088 Plastics plumbing fixtures
3089 Plastics products, not elsewhere classified
3211 Flat glass
3221 Glass containers
3255 Clay refractories
3269 Pottery products, not elsewhere classified
3275 Gypsum products
3281 Cut stone and stone products
3296 Mineral wool
3299 Nonmetallic mineral products, not elsewhere classified
3312 Steel works, blast furnaces (including coke ovens), and rolling mills
3313 Electrometallurgical products, except steel
3315 Steel wiredrawing and steel nails and spikes
3317 Steel pipe and tubes
3321 Gray and ductile iron foundries
3322 Malleable iron foundries
3324 Steel investment foundries
3325 Steel foundries, not elsewhere classified
3353 Aluminum sheet, plate and foil
3356 Rolling, drawing, and extruding of nonferrous metals, except copper and aluminum
3357 Drawing and insulating of nonferrous wire
3363 Aluminum die-castings
3365 Aluminum foundries
3366 Copper foundries
3369 Nonferrous foundries, except aluminum and copper
3411 Metal cans
3412 Metal shipping barrels, drums, kegs, and pails
3423 Hand and edge tools, except machine tools and handsaws
3425 Saw blades and handsaws
3441 Fabricated structural metal
3442 Metal doors, sash, frames, molding and trim
3444 Sheet metal work
3446 Architectural and ornamental metal work
3449 Miscellaneous structural metal work
3452 Bolts, nuts, screws, rivets, and washers
3462 Iron and steel forgings
3463 Nonferrous forgings
3465 Automotive stampings
3466 Crowns and closures
3471 Electroplating, plating, polishing, anodizing, and coloring
3497 Metal foil and leaf
3519 Internal combustion engines, not elsewhere classified
3536 Overhead traveling cranes, hoists and monorail systems
3537 Industrial trucks, tractors, trailers, and stackers
3542 Machine tools, metal forming types
3544 Special dies and tools, die sets, jigs and fixtures and industrial molds
3545 Cutting tools, machine tool accessories, anc machinists' precision measuring devices
3546 Power-driven handtools
3547 Rolling mill machinery and equipment
3549 Metalworking machinery, not elsewhere classified
3553 Woodworking machinery
3562 Ball and roller bearings
3565 Packaging machinery
3581 Automatic vending machines
3592 Carburetors, pistons, piston rings, and valves
3613 Switchgear and switchboard apparatus
3647 Vehicular lighting equipment
3671 Electronic components & elements
3672 Printed circuit boards
3675 Electronic capacitors
3676 Electronic resistors
3691 Storage batteries
3692 Primary batteries, dry and wet
3694 Electrical equipment for internal combustion engines
3714 Motor vehicle parts and accessories
3764 Guided missile and space vehicle propulsion units and propulsion unit parts
3812 Search, detection, navigation, guidance, aeronautical, & nautical systems & instrum.
3822 Automatic controls for regulating residential and commercial environ. & appliances
3823 Industrial instruments for measurement, display and control of process variables, etc.
3826 Laboratory analytical instruments
3873 Watches, clockwork operated devices, and parts

Combined Primary & Secondary List:
(4-digit SIC code without descriptions)

2211, 2221, 2241, 2257, 2259, 2261, 2262, 2269, 2281, 2282, 2284, 2295, 2296, 2297, 2298, 2299, 2393, 2394, 2396, 2399, 2421, 2426, 2429, 2431, 2435, 2436, 2439, 2441, 2448, 2449, 2451, 2452, 2491, 2493, 2499, 2511, 2514, 2521, 2522, 2531, 2541, 2542, 2591, 2599, 2611, 2621, 2631, 2652, 2653, 2655, 2656, 2657, 2671, 2672, 2673, 2674, 2675, 2678, 2679, 2741, 2789, 2798, 2812, 2813, 2816, 2819, 2821, 2822, 2823, 2824, 2833, 2834, 2835, 2836, 2841, 2842, 2843, 2851, 2861, 2865, 2869, 2891, 2899, 3052, 3053, 3061, 3069, 3081, 3082, 3083, 3084, 3085, 3086, 3087, 3088, 3089, 3211, 3221, 3251, 3255, 3259, 3264, 3269, 3275, 3281, 3291, 3296, 3297, 3299, 3312, 3313, 3315, 3317, 3321, 3322, 3324, 3325, 3351, 3353, 3354, 3355, 3356, 3357, 3363, 3364, 3365, 3366, 3369, 3399, 3411, 3412, 3423, 3425, 3429, 3433, 3441, 3442, 3443, 3444, 3446, 3448, 3449, 3451, 3452, 3462, 3463, 3465, 3466, 3469, 3471, 3479, 3491, 3492, 3493, 3495, 3496, 3497, 3499, 3511, 3519, 3523, 3531, 3532, 3533, 3534, 3535, 3536, 3537, 3541, 3542, 3543, 3544, 3545, 3546, 3547, 3548, 3549, 3552, 3553, 3554, 3555, 3556, 3559, 3561, 3562, 3563, 3564, 3565, 3566, 3567, 3568, 3569, 3581, 3582, 3585, 3586, 3589, 3592, 3593, 3594, 3596, 3599, 3612, 3613, 3621, 3624, 3625, 3629, 3643, 3646, 3647, 3648, 3661, 3669, 3671, 3672, 3675, 3676, 3677, 3678, 3679, 3691, 3692, 3694, 3699, 3714, 3724, 3728, 3743, 3764, 3799, 3812, 3821, 3822, 3823, 3824, 3825, 3826, 3827, 3829, 3841, 3842, 3843, 3873