Our proactive approach to value creation and an active partnership with management, makes us ideally suited as partners for business owners and management teams seeking to drive significant incremental growth.  This hands-on approach benefits investors and business owners alike, as it dramatically increases the likelihood of a successful investment.

We target industries where we have deep and relevant experience and have a well-grounded perspective on opportunities for value creation.  We will evaluate opportunities in any segment where we feel our skill set adds value, however, there are certain industries in which we have deep experience, including:

• Niche manufacturing
• Specialty parts suppliers
• Injection molders
• Printers
  
• Food and beverage manufacturer
• Co-packers and consumer product distributors

By targeting management-assisted buyouts, our unique approach focuses on strategic and operational excellence derived from experience serving our targeted industries, rather than financial engineering.  Avondale's philosophy is to:

• Partner with management to develop and implement a corporate transformation aimed at achieving sustainable value growth, through the creation and implementation of a true strategic plan
• Provide management of middle market businesses with the strategic, operational and financial resources necessary to effectively execute the corporate transformation
• Jointly with management, hold the organization and specific individuals accountable for the implementation of the strategic plan and for achieving specific targets for intrinsic value improvement
• Create an opportunity for key employees, the company's most important assets, an opportunity to participate in the ownership and success of our investments

Our investment approach is to acquire either a majority stake in the business or a significant minority position in an effort to clearly align our incentives with those of the management team.  We believe that by maintaining a balance in our respective equity positions, our partnership with management is strengthened and the organization's entire focus is on value creation.

We will consider a wide variety of opportunities, but typical investment criteria include:

• Revenue between $10 and $50 million
• EBITDA of $2 to $10 million
• Proven management team commited to long term growth
• Strong and defensible market position
  
• Favorable growth prospects