We are active investors that collaborate with our Operating Partners and Partner Companies to grow their businesses, build equity value, and harvest this value at the opportune time. We maintain a long-term, patient investment approach, with our typical holding period being 3 to 8 years. While we are not typically involved in the day-to-day management of our Partner Companies, we are widely recognized by our management partners as contributing to the creation of equity value by providing them with the resources required to achieve their goals. The expertise Marwit brings to its Partner Companies includes:

Building and Recruiting Strong Management Teams. Marwit believes that each Partner Company should be run by Operating Managers whose full time and energies are devoted to building equity value in their businesses. In many cases, a strong management team is already resident in a Partner Company and is a principal reason why we are interested in an investment. In other cases, we identify the Operating Partner first, and engage in an active acquisition search to find a platform company to acquire in partnership. Lastly, when and if it becomes necessary to supplement management, we work with our Partner Companies to address these needs and help source the right people by leveraging our network of contacts and coordinating the activities of third party search firms.

Arrange Financings and Capital Market Decisions. In most Buyout transactions, or add-on acquisition transactions for Partner Companies, we take responsibility for and arrange 100% of the senior and subordinated debt and in some cases additional equity required to complete the transaction. In addition, we work closely with our Partner Companies to determine the right time to raise additional capital and the optimal capital structure.

Budgeting and Financial Analysis. In many situations, we work closely with our management partners to develop professional budgeting processes and financial reporting systems. We then work closely with management to help them utilize these tools most effectively in the creation of equity value. We also serve as an analytical resource to assist Partner Companies with important financial decisions, such as acquisitions, new initiatives and capital investment.

Mergers and Acquisitions. We provide leadership and are highly active with our Partner Companies in every stage of the M&A process, including: (1) developing an acquisition strategy, (2) identifying, contacting, assessing, and valuing acquisition targets, (3) designing and conducting due diligence, (4) negotiating deal structure, terms and legal documents, (5) financing and closing the transaction, and (7) assisting with integration following closing.

Strategic and Operational Planning. We assist management in IT systems evaluation and deployment, relocation plans, lease/real estate issues, marketing initiatives, and many other operations oriented issues.

Executing and Maximizing Value of Exit Transactions. In many cases, we originate and manage the exit transaction for our Partner Companies and Operating Partners. This process often involves one or more of the following elements: (1) determining the most opportune time to pursue the exit, (2) identifying the most attractive form of exit, (3) developing the sale or exit strategy, (4) interviewing and retaining investment bankers, (5) handling the sale transaction ourselves, including identifying and negotiating directly with buyers, and/or (6) arranging third party financing in the event of a recapitalization or partial buyout transaction where we are enabling our management partners to buy our position. We have established a proven track record for performance in this area, having achieved 20 Partner Company exits in the past 5 years, the vast majority of which were completed at valuation multiple levels that were higher than the multiples at which we invested.