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Milestone Partners places great emphasis on working closely with management in the acquisition and, ultimately, co-ownership of businesses. We typically seek to acquire a company as a partner with existing management. We will also work, however, with talented independent management teams to identify and consummate acquisitions in their fields of expertise. After an investment is made by Milestone, the company's management has full operating autonomy. Milestone typically seeks to acquire three to four platform companies per year and manage three to four platform companies per partner. Milestone manages active funds representing $360 million in committed capital. Milestone is managed by four Partners who have over four decades of combined private equity related experience with particular focus on the lower middle market. The Partners' experience has resulted in well-established, personal relationships with referral sources and operating partners. Utilization of these relationships has enhanced Milestone's ability to acquire and build companies. Milestone's Partners, together with the management of its acquired companies, are significant investors in each transaction. Milestone looks beyond the short-term gains often generated by financial engineering and focuses on enhancing the fundamental value of its portfolio companies. Milestone strives to structure transactions to satisfy the specific needs of shareholders and management and provide the company with financial flexibility. Ongoing involvement emphasizes business planning and monitoring, retaining and recruiting key executives and arranging add-on acquisitions and financing. In all cases, Milestone strives to maintain open lines of communication to clearly define objectives to achieve success. |