Investment Criteria

Industry Focus	Wingate targets manufacturing, distribution and service businesses with a significant market share position; all industries considered except banking, insurance, real estate, media, natural resources, and high technology.
Revenues	Stand-alone companies typically have revenues between $50 million and $250 million, but sometimes significantly larger. Businesses with revenue of any size will be considered as add-on acquisitions for existing portfolio companies.
Profitability	Profitability is preferred, but not essential. Half of the Wingate portfolio companies were under-performing at the time of acquisition.
Transaction Size	Total transaction size generally ranges between $25 million and $100 million. Wingate will sponsor larger transactions by co-investing with its limited partners or other investor groups. Smaller transactions will be considered when the target company can be an add-on for an existing portfolio company.
Control	Wingate, together with any other sponsoring investors, must have a controlling interest in acquired companies.
Other	Company headquarters should be located in the United States.
Fees	Wingate will pay intermediary and finders fees.

Wingate Partners
750 N. St. Paul
Suite 1200
Dallas, Texas 75201
214-720-1313
Fax 214-871-8799