| MANUFACTURING/DISTRIBUTION |
| Manufacturers of technologies relating to renewable energy, energy efficiency and conversion including emission reduction or waste recovery, various stage companies considered |
| Manufacturers of water and wastewater products |
| Manufacturers of equipment for power generation, transmission, ebitda $3 million+ |
| Manufacturers of optical and electronic components/equipment, ebitda $2 million+ |
| Manufacturers of niche defense electronics or aerospace related products, revenues $20 million+ |
| Manufacturers of homeland security related products, broadly defined, ebitda $1 million+ |
| Manufacturers/distributors of test and measurement and/or process control equipment, revenues $5-50 million |
| Manufacturers of highly engineered plastics, composite components, or other proprietary plastic products, revenues $10 million+ |
| Smaller lower middle-market niche manufacturers and business services companies with capable management teams in place and growth prospects, ebitda $1.25- $3.0 million |
| Manufacturers of medical devices or rehabilitation products sold to or through orthopedic, podiatry, physical therapy, or other channels, ebitda $2 million+ |
| Manufacturers of low-medium tech or disposable medical products, revenues $15 million+ |
| Manufacturers of surgical instruments/medical devices or components utilized in less or non-invasive procedures, revenues $8 million+ |
| Manufacturers of building products utilizing new technologies and/or alternative materials, revenues $15 million+ |
| Manufacturers of residential or commercial building products, including wood or vinyl products, plumbing or electrical products, revenues $30 million+ |
| Food manufacturers and processors, revenues $15 million+ |
| Manufacturers of furniture and household décor/accents/accessories, revenues $15 million+ |
| Manufacturers of branded giftware, arts and crafts, or hobby and leisure products, ebitda $3 million+ |
| |
| SERVICE |
| Providers of outsourced business/IT services to hospitals and physician groups- i.e. billing/coding companies, accounts receivable management, management information systems/IT services, ebitda $2 million+ |
| Outsource providers to the pharmaceutical industry, broad areas of interest include clinical research, contract manufacturing and packaging, marketing, and continuing medical education; revenues $15 million+ |
| Providers of outsourced industrial services including plant maintenance, waste disposal, engineering and technical services etc., revenues $15 million+ |
| Professional, scientific, engineering, technical services and consulting companies, ebitda $3 million+ |
| Successful growing restaurant chains with roll-out expansion strategies, historical ebitda $6 million+ |
| Catalog/direct marketing or fulfillment services companies, revenues $20 million+ |
| Providers of business processing outsourcing (BPO) services, ebitda $2 million+ |
