Once we are introduced to an opportunity, our typical investment process takes 90 to 120 days to reach a successful close. Our due diligence process involves extensive investigation of the company, industry and competition, with a particular emphasis upon identifying opportunities for growth and strategic and operational improvement. During due diligence, we work closely with the company’s management team to develop a thorough understanding of the investment opportunity.

Once we close an investment, we remain active in growing our portfolio companies and in driving the attainment of strategic and operational goals. We do not manage day-to-day operations; rather, our involvement is primarily through the role as active members of the board of directors, leading the strategic planning process, developing infrastructure, enhancing the management team, assisting with corporate development and mergers and acquisitions, supplying the capital necessary for growth, and providing broad oversight and accountability for the attainment of company performance goals.

Over the three to five years we typically hold an investment, it is our intention to significantly increase the scale and scope of our portfolio companies, thereby positioning them for attractive realization opportunities. Most often we will realize our investment through a merger or sale of the company to a strategic or financial buyer, but in other cases this may be accomplished through an Initial Public Offering or a recapitalization of the company.