Our portfolio — quad-c management experienced investment partners tropico 5 power plant

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Vaco (“Vaco” or the “Company”) was a leading IT, finance & accounting (“F&A”) and healthcare consulting, staffing and placement firm operating in 36 markets across the U.S. Vaco had a differentiated ownership model with the local management team owning a portion of the equity in each local market. gas efficient suv 2015 Based in Nashville, Vaco had grown rapidly since its founding in 2002. Quad-C partnered with the three founders and completed a recapitalization in September 2014. electricity related words The founders and local owners were looking for partial liquidity but wanted to remain with the business and were looking for a partner who could help them grow both organically and through acquisitions.

Quad-C had been seeking an investment in the professional staffing market for several years prior to partnering with Vaco. The market was large and highly fragmented, with growth being driven by both cyclical and secular tailwinds. We were attracted to Vaco specifically because the Company had a demonstrated track record of profitable growth with a strong culture, a unique ownership model and a team capable of taking market share in a fragmented industry.

Founded in 1998, Document Technologies (“DTI” or the “Company”) had become one of the largest independent providers of outsourced litigation support services, including facilities management (“FM”) services and electronic and paper discovery solutions. The Company, under the leadership of John Davenport, Jr., had grown its offering from traditional copy services to become a leading end-to-end provider of litigation support services serving 95% of the AMLAW 100 firms as well as general counsels of numerous Fortune 500 corporations. DTI had more than 100 FM customers in 35 major markets in the U.S., two dozen off-site legal production locations, and had recently begun offering electronic discovery services at the time of Quad-C’s investment in 2008. The Company had grown from a start-up to $100 million in revenue over a decade and Quad-C believed there was a significant opportunity to continue growing the business by expanding the electronic services component of the offering, introducing new products and services, and expanding geographically. electricity in india voltage The Company founders and the other managers remained significant owners alongside Quad-C.

Quad-C invested in DTI in December 2008, completing the transaction despite the very difficult external environment. We were willing to close the transaction with 75% equity capitalization, as we believed the opportunity to grow the business substantially, not leverage, would create excess returns going forward. b games virus With the support of Quad-C, management executed on the value creation plan, which included:

Augusta Sportswear Group (“ASG” or the “Company”) had become one of the leading providers of team uniforms, athletic apparel, outerwear, fanwear and school-inspired products in the United States. ASG sold through specialty distribution channels including team uniform suppliers, custom decorators and promotional products distributors. ASG had become the supplier of choice due to its comprehensive product selection at attractive price points, exceptional order execution and unmatched customer service and sales support. m power electricity In the transaction, the Company founder and the entire senior management team remained significant owners alongside Quad-C.

Quad-C invested in ASG in January 2008 and ASG increased its EBITDA by approximately 50% during our ownership period despite the severe economic recession. One of the reasons Quad-C was attracted to ASG was our belief that ASG would be recession resistant based on its value-oriented pricing, diverse customer base, small average order size and market leadership position. gsa 2016 pay scale This resilience proved to be the case and as a result of the value creation strategy noted above, ASG was able to drive double digit annual growth rates in profitability through the recession.

Cloverhill Bakery (“Cloverhill” or the “Company”) was a leading manufacturer and supplier of individually-wrapped, shelf stable sweet baked goods. Based in Chicago, Illinois, the Company had grown since 1961 from a local vending business, to a nationally recognized producer of branded and co-manufactured baked goods. Cloverhill’s product portfolio included fold-over and round danish, cinnamon rolls, honey buns, donuts, muffins, crumb cakes and cream-filled cakes. 3 gases that cause global warming Cloverhill operated a modern, high volume manufacturing platform consisting of two world-class bakeries in the Chicago metropolitan area and sold its products through multiple channels including co-pack, grocery, vending, club, QSR and other retail outlets. Quad-C partnered with the owners in October 2009, two brothers who were third generation of the founding family, in a recapitalization transaction. The brothers were looking for partial liquidity but wanted to remain with the business as executives and substantial owners and therefore a growth oriented partner was important to them. Quad-C was attracted to the business as the founding family members had a tremendous track record and had proven their ability to add customers, improve the Company’s scale and profitability and penetrate new distribution channels.

• Capacity expansion to meet customer demand – opened a new, world class bakery in Cicero, IL in late 2010 that reached full commercial scale in early 2012. The Company continued to invest throughout a period of softness in the baked goods industry, in contrast to many competitors; approximately $100 million in growth capital was deployed during our investment period.

Technimark (or the “Company”) was a leading global manufacturer of plastic injection molded products for consumer packaging and specialty technical applications. Based in Asheboro, NC, at the time of our investment, the Company operated five injection molding facilities globally, including one in North Carolina, two in Mexico, one in China and one in Germany. The Company also operated a recycled resin processing facility in North Carolina, providing processed post-consumer and post-industrial resin for use in Technimark’s and other companies’ finished products. electricity and magnetism study guide 8th grade Technimark served a broad and distinguished customer base that included some of the world’s best-known brands. Prior to our investment, Technimark was owned by a foreign furniture manufacturer. Quad-C was attracted to the business as a technology leader with superb customer relationships that was relatively unknown outside its existing customer base. We partnered with the original founders to acquire the business from its corporate parent and invest in growth.