hkw portfolio_5_14

Past Portfolio Companies
Aero-Metric, Inc. — Leading provider
of high-quality geospacial services to corporate
and governmental clients
Maine Industrial Tires Limited — Solid rubber
tires for the lift truck, aerial platform, off-the-road
and ground support vehicle industries
Arnold Engineering — Contract manufacturer Maxon Corporation — Manufacturer of
of complex machined parts and leading military industrial combustion equipment and shut-off
valves
and commercial aerospacecustomers
Baldwin Technological Company, Inc. —
Miltco Enterprises, Inc. — Ecumenical
Canadian Hospital Specialties
Limited & Benlan, Inc. — Leading
Navis Global. — Manufacturer of knit fabric
compactors and other equipment for the textile
industry
Printing presses, including control
instruments and accessories
distributor and manufacturer of a broad range
of sterile,disposable, medical and surgical
devices primarily to the Canadian healthcare
market
publisher
Nesco, LLC — Leading provider of fleet
equipment sales, rental and service for the electric
and telecom utility industries
C&J Spec-Rent Services, Inc. — Coiled
tubing and pressure pumping services to the oil
and gas industries
Nyloncraft, Inc. — Leading supplier of
C&M Conveyor, Inc. — Material
handling systems to the corrugated sheet and
container industry
OakRiver Technology, Inc. — Leading designer
and manufacturer of high precision automation
equipment to the medical device industry
Coast Composites, Inc. — Large, tight
PetCare Products, Inc — Worldwide leading
tolerance tooling systems for the defense,
commercial aerospace and space/satellite
industries
Coeur, Inc. — Leading manufacturer of
proprietary disposable power injection syringes
engineered plastic components for the automotive
industry
provider of branded deShedding products to the
pet industry
Effox, Inc. — Dampers and non-metallic
printer of labels for consumer products
for the ground transportation industry
Flutes, Inc. — Leading designer and
manufacturer of micro flute corrugated sheet
products for the packaging industry
Grobet File Company of America, Inc. —
International distributorand manufacturer of
precision hand tools, supplies, accessories and
capital equipment for special end-use
applications in the jewelry, industrial,
electronic, dental, optical and hobby/craft
markets
Jeffrey G. Wood
President & CEO
317-428-1945
[email protected]
James C. Snyder
Partner
317-705-8815
[email protected]
Julianna S. Lis-Milam
Partner & General Counsel
317-705-8816
[email protected]
Ted H. Kramer
Partner, Deal Generation
317-705-8824
[email protected]
Luke A Phenicie
Partner
317-705-8826
[email protected]
Caroline L. Young
Partner
317-705-8823
[email protected]
Michael A. Foisy
Partner
207-807-8695
[email protected]
John M. Carsello
Partner
317-705-8735
[email protected]
Andrew J. Gustin
Vice President, Deal Generation
317-428-1944
[email protected]
Constantine J. Rakkou
CFO
201-447-1388
[email protected]
Christopher M. Eline
Vice President
317-705-8827
[email protected]
Garret S. Iden Senior Associate
317-705-8825
[email protected]
Tim Hildebrand
Associate
317-805-0441
[email protected]
of brake products and chassis components to the
North American automotive aftermarket
Reinhold Industries, Inc. — Manufacturer of
composite components for aerospace, defense and
commercial lighting industries
Excel Industries, Inc. — Modular windows
Glenn Scolnik
Chairman
317-705-8814
[email protected]
Qualis Automotive, L.L.C. — Leading supplier
Control Devices, Inc. — Electromechanical
circuit breakers for automotive OEMs and
glass-enclosed thermal protectors and circuit
breakers
expansion joints for coal fired utilities
Our Team
Overview
• Founded in 1903
• Led 44 platform management buy-out transactions and
49 add-ons since 1982
• New York and Indianapolis offices
• Proven experiences in buying building and selling small
middle-market companies
• 12 Portfolio Companies
Current
Portfolio
SenecaSalem, Inc. — Market leader and specialty
Special Applications Technology — Leading
provider of highly engineered robotics and
equipment primarily used in the decontamination
and decommissioning of nuclear sites worldwide
Total Equipment And Service — Leading
manufacturer of coil tubing, pressure pumping
and nitrogen equipment systems for the oil and gas
industry
Visioneering, Inc — Leading manufacturer of
medium-sized tooling systems for the aerospace/
defense markets
Horton Enterprises, Inc. — Manufacturer of
ambulances
NEW YORK INDIANAPOLIS
www.hkwinc.com
5/05/14
More than
a century
of excellence.
Investment Criteria
Types of Transactions
• Industry consolidations, corporate divestitures, generational changes in
ownership, growth equity, management buy-outs and recapitalizations
• Platform transaction range $20 million to $150+ million
(no minimum for add-on acquisitions)
• Equity investments which result in an acquisition of control
Profile of Typical Investment Candidates
• Companies with honest and talented management teams who
want to own equity
• Private and public companies, or divisions of larger companies,
headquartered within North America
• Companies with revenues between $20 and $200+ million
(no minimum for add-on acquisitions)
• Companies with EBITDA between $5 million and $30 million
• Companies with low risk of technological obsolescence
• Companies with a sustainable competitive advantage and
defined growth strateg y
Strategy
Why Choose HKW?
• Stable firm and long-time tenure of team
• Dedicated deal generation team
• Better than market leverage discipline
• Reliable partner with management
• Chief value creation driver: earnings growth
• Historical experience with add-on acquisitions
• Ability to close quickly
N otes : Portfolio
C rane R ental C orporation
A irworx C onstruction
E quipment & S upply LLC
I ndianapolis , IN
SIC C ode : 7353
www.airworxcorp.com
Largest independent aerial equipment rental, sales, and service
company in the Central and Northern Indiana markets.
O rlando , F lorida
SIC C ode : 7353
www.cranerental.com
One of the largest and most prominent crane rental, hauling and
rigging companies in the United States.
Growth Strategy:
Ideal add-on will expand Crane Rental’s fleet size and expand its geographic reach and also, further expand turnkey
heavy hauling services.*
SIC Codes of Interest: 7353
A P rivate C apital F irm
Growth Strategy:
Ideal add-on will expand Airworx’s fleet size and its geographic reach.*
SIC Codes of Interest: 7353
D uncan
B rant I nstore
C orporation
B rantford , O ntario , C anada
SIC C ode : 2752, 2759
www.brantscreen.com
Full service provider (including prepress and design support,
printing, finishing, fulfillment and distribution) of in-store and
shopper marketing solutions and related products for leading
retailers in the U.S. and Canada.
L and S taff , LLC
www.contractlandstaff.com
Leading provider of land and right of way (“ROW”) services and
land records management in the United States.
Founded in
1903 as a
merchant
bank for
wealthy
families.
HKW has
evolved to
become a
primary
equity
sponsor in
management
buy-outs.
www.duncansys.com
Leading aftermarket value-added distributor of windshields and side glass to the
recreational vehicle (“RV”) and over the road truck markets.
Growth Strategy:
Ideal add-on focuses on aftermath distribution of RV glass and truck glass.*
SIC Codes of Interest: 5013, 7536, 7538
Growth Strategy:
Further penetrate the oil and gas pipeline construction end market and also diversify
into auxiliary markets (i.e. electric transmission, alternative energy, water
infrastructure, railroads, etc.).*
SIC Codes of Interest: 7389
C orporate V isions , I nc .
I ncline V illage , N evada
SIC C ode : 8742
www.corporatevisions.com
Leading provider of marketing and sales messaging,
tools and training products and services.
Growth Strategy:
Ideal add-ons will expand Corporate Vision’s IP and product and service offering.*
SIC Codes of Interest: 8742
www.mobiletechinc.com
Designs, assembles, distributes and supports loss prevention and merchandising
solutions for mobile product retailers and consumer electronics manufacturers in
both the U.S. and international markets.
Growth Strategy:
Leverage leading domestic market position to further capitalize on international growth opportunities. Ideal
add-ons will expand the Company’s geographic reach and/or have a presence in mobile enterprise market.*
SIC Codes of Interest: 7382
N atur M ed , I nc .
C amp V erde , AZ
SIC C ode : 5499
www.ivlproducts.com
Leading developer, marketer, and distributer of specialized nutritional and health
supplements.
Growth Strategy:
Increase internet presence and commerce, and broaden product line.*
SIC Codes of interest: 5499
E ner S afe , I nc .
S tafford , TX
SIC C ode : 7389
H illsboro , OR
SIC C ode : 7382
S ystems , I nc .
E lkhart , IN
SIC C ode : 5013, 7536, 7538
Growth Strategy:
Further diversify the Company’s customer base and expand manufacturing and service
capabilities.*
SIC Codes of Interest: 2752, 2759
C ontract
M obile T ech , I nc .
P leasanton , TX
SIC C ode : 8748
www.enersafellc.com
Provider of safety services, turnkey hydrogen sulfide safety solutions, safety
equipment, flaring technology and consulting services to the oil and gas industry.
Growth Strategy:
Expand customer base, expand products and services, and enter new markets.*
SIC Codes of Interest: 8748
R oyal C amp S ervices L td .
E dmonton , A lberta , C anada
SIC C ode : 7021
www.royalcamp.com
Royal Camp is a leading provider of workforce accommodations, catering and
complementary services (“Camp and Catering” services) to customers operating in the
oil, natural gas, and mining industries in western Canada.
Growth Strategy: Organic*
SIC Codes of Interest: 7021
K.R. D renth T rucking , I nc .
L ynwood , IL
SIC C ode : 4213
www.krdtrucking.com
One of the nation’s largest providers of outsourced, long-hauled waste
transportation services.
Growth Strategy:
Ideal add-ons will diversify KRD’s customer base and/or expand its geographic reach.*
SIC Codes of Interest: 4213
S pecialized D esanders I nc .
C algary , A lberta , C anada
SIC C ode : 1382
www.specializedtech.ca
Provider of engineered de-sanding solutions to high pressure oil and gas wells.
Growth Strategy:
Leverage leading domestic market position to further capitalize on international growth opportunities.
Ideal add-on will complement the Company’s domestic growth or expand its geographic reach.*
SIC Codes of interest: 1382
*There is no minimum size criteria or graphic location criteria for add-ons.