ACQUISITION CRITERIA
We will consider a wide variety of potential transactions; however, each of the companies in which we have invested has had most--if not all--of the
following characteristics:
EXAMPLES
Description | Company | Contrarian Fit |
Knit fabric manufacturer | Alamac American Knits LLC | “Third world” competitors |
IUD manufacturer and marketer | FEI Women’s Health LLC | Dalkon Shield deaths and litigation risk |
Employee leasing company (“PEO”) | Gevity HR, Inc. (NASDAQ: GVHR) | Misperceptions about the quality of earnings |
Direct marketer of citruses | Hale Indian River Groves, Inc. | Highly seasonal business with weather and contamination risks |
Direct seller of relationship-enhancement products | Pure Romance, LLC | Subject matter |
Secondary lead smelter | Schuylkill Metals Inc. | Environmental and commodity risks |
Printing ink manufacturer | Sinclair & Valentine LLC | Environmental risks |
Aerostat manufacturer | TCOM, L.P. | Irregular sales of a multimillion dollar product, mostly to international customers |