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FAS Controls

Acquisition Date: February 5, 2007

Business Description:

FAS Controls is a leading manufacturer of pressure switches, valves, circuit breakers, mechanical switches, coils and solenoids. These custom-designed and application specific products are primarily sold to original equipment manufacturers of heavy trucks, automobiles and commercial equipment. The company is headquartered in Shelby, NC.

For more information, please visit www.fascontrols.com.

Investment Approach / Accomplishments:

Supplemented and provided leadership to existing management team.

Created fundamental improvement in performance:

• Identified and currently executing on operations/cost structure improvement opportunities
• Invested in engineering, R&D and product development resources
• Identified and currently executing on growth opportunities in existing and new markets