Opportunities

Carlson Systems Holdings, Inc.

Acquisition Date: August 31 , 2009

Business Description:

Carlson Systems Holdings, Inc., and its two subsidiaries, Carlson Systems, LLC, and Mid-Atlantic Fasteners, LLC (together “Carlson Systems” or the “Company”) is a leading multi-regional distributor of product assembly systems serving the fastening and packaging needs of construction, industrial and OEM customers, with products such as hand-held nailers, staplers, tapers, marking and labeling products, stretch/shrink wrappers, and strappers. Carlson Systems operates in 22 states and in parts of Mexico.

For more information, please visit www.csystems.com and www.midatlanticfasteners.com.

Investment Approach / Accomplishments:

Supplement and provide leadership to existing management team.

Created fundamental improvement in performance:

Execute on growth opportunities in existing markets
Identify and implement management tools to improve efficiency
Implement processes to convert, penetrate, and retain both customers and channels