Investors in Minnesota

TT Capital Partners is a Minnesota-based independent firm that is focused on investments in healthcare and technology companies.

Founded in 2004, SightLine Partners is an investment firm based in Minnesota. The firm makes early stage investments in healthcare companies across the United States.

Virgo Investment Group ("Virgo") is an opportunistic, private investment firm with a value investment philosophy, a bias toward the preservation of capital and an emphasis on generating a current yield on invested capital. Virgo leverages macroeconomic viewpoints to identify market seams where there are mis-pricings and where investment returns are less correlated with market credit spreads and corporate valuation multiples. Virgo's strategy combines investments in both special situations and credit opportunities to optimize risk-adjusted returns. This strategy is enabled by a flexible mandate to invest across the capital structure in industries such as healthcare; financial services; software, media & information services; aviation and energy.

Founded in 1994, Keystone Capital is a private investment firm comprised of professionals distinguished by strong investment experience and substantive operating knowledge. Their singular focus is to acquire and grow over a 10+ year-time horizon a diverse group of exceptionally high quality, mid-sized companies that are leaders in their niche markets. For business owners considering the sale of an enterprise, Keystone’s commitment of personal rather than third-party capital creates a risk-return profile in sync with management’s throughout their typical 7-10+ year relationship with their companies. They create true partnerships with the talented management teams of the companies they acquire, playing a significant supporting role to help each business continue to grow profitably. Keystone also offers the strength and security of a very few, but dedicated banking relationships. This means they bring access to reliable capital in uncertain economic times, and financial support that comes with a partnership mindset. For investment bankers, brokers and other intermediaries, Keystone also prides itself in committing to do only what they can deliver upon. Their nimble size and lack of internal approval committees means quick decision making and certainty to close – often completing transactions in 45 days or less. To us, offering a strong value proposition for everyone they do business with is paramount. It’s how they create value in ways beyond the numbers.

High Road Capital Partners is a private equity firm specializing in investing in buyouts, buy and build, add-on acquisitions, recapitalizations of companies at the smaller end of the middle market. It prefers to invest in manufacturing, services, value-added distribution, media, communications, and health care sectors. It also invests in hospital facility equipment. The firm prefers to invest in companies based in North America, United States, and Canada. It typically invests between $3 million and $30 million in companies with enterprise value between $10 million and $75 million, revenues between $10million and $100 million, and EBITDA between $3 million and $10 million. The firm prefers to invest in companies having minimum EBITDA margins of 10 percent. It seeks to acquire majority as well as controlling stakes in its portfolio companies. High Road Capital Partners was founded in January 2007 and is based in New York, New York.

H.I.G. Capital, LLC is a private equity and venture capital firm specializing in leveraged buyouts, corporate carve-­outs, management-led buyouts, add on acquisitions, industry consolidation, corporate divestitures, distressed debt and equity, growth capital, recapitalization transactions, management-backed recapitalizations, turnarounds, distressed investments, underperforming businesses, growth or development capital by acquiring a minority stake, expansion, PIPES, mezzanine, micro cap public, mid-cap to private transactions in small, medium-sized, and lower middle market companies. It also provides debt. The firm does not invest in industries that are highly cyclical or capital intensive. It primarily invests in small and medium sized companies in specialty manufacturing, business services, consumer goods and services, education services, building products, manufacturing, financial services, aviation, media, retailing, energy, natural resources, healthcare, industrials, and information technology with a focus on IT services, software, Chemical, communications equipment, and telecommunication services sectors. It prefers to invest in companies based in the United States with a focus on Western and Midwest United states and North America, Europe with a focus on Southern Europe and Continental Europe, France, Austria, United Kingdom, Germany, Nordic region, Benelux, Ireland, Switzerland, Latin America with a focus on Brazil, and Iberian Peninsula. The firm seeks to invest between $3 million and $100 million in companies with enterprise value between $25 million and $1000 million, sales value between $20 million and $1000 million, and EBITDA of $10 million and $100 million. While investing in Spain, the firm prefers to invest between €10 million ($13.10 million) and €100 million ($130.99 million) in each portfolio company for majority as well as minority stakes. The firm seeks to invest in companies with minimum debt investment values of $30 million. The firm can make minority as well as majority equity investments in its portfolio companies. It also offers debt in Spain. H.I.G. Capital, LLC was founded in 1993 and is based in Miami, Florida with additional offices across North America, South America, and Europe.

Kohlberg Kravis Roberts is a global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strategic partners, hedge funds. The company generates attractive investment returns for its fund investors through a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. The company invests its own capital alongside the capital it manages for fund investors and delivers financing solutions and investment opportunities through its capital markets business. The firm has completed more than two-hundred-eighty private equity investments in portfolio companies with approximately $545 billion of total enterprise value as of June 30, 2017. Assets Under Management (“AUM”) and Fee Paying Assets Under Management (“FPAUM”) were $153 billion and $114 billion, respectively as of September 30, 2017. Jerome Kohlberg, Jr. and cousins Henry Kravis and George R. Roberts, all of whom had previously worked together at Bear Stearns, where the three completed some of the leveraged buyout transactions founded the company. Kohlberg Kravis Roberts has completed a number of transactions including the 1989 leveraged buyout of RJR Nabisco, which was a large buyout in history to that point, as well as the 2007 buyout of TXU, which is currently also a large buyout completed to date since its founding. Kohlberg Kravis Roberts has offices in 21 cities in 16 countries across 5 continents. The firm is currently headquartered in the Solow Building, New York, but in October 2015, the firm announced its intentions to occupy a newly constructed 30 Hudson Yards. In October 2009, Kohlberg Kravis Roberts listed shares in the company through KKR & Co., an affiliate that holds 30% of the firm's ownership equity, with the remainder held by the firm's partners. Kohlberg Kravis Roberts filed to list its shares on the New York Stock Exchange (NYSE) in March 2010, with trading commencing four months later, on July 15, 2010. It was founded on 1976 and is headquartered in New York.

Founded in 1993, Waud Capital Partners is a leading middle-market private equity firm that partners with exceptional management teams to create, acquire, and/or grow companies that address significant, inefficient, highly fragmented and underserved industry segments. They invest primarily through control-oriented growth equity investments, industry consolidations, buyouts or recapitalizations and seek companies that generate strong cash flow and can be grown both organically and through add-on acquisitions.

Founded in 2014, Blue Collective is a Brooklyn-based private equity firm that specialises in pre-seed-to-late-stage investment opportunities in technology, life sciences, consumer goods and business services companies primarily across the United States.

Audax Group is a leading alternative investment manager with offices in Boston, New York, and San Francisco. Since its founding in 1999, the firm has raised over $25 billion in capital across its Private Equity and Private Debt businesses. With more than 250 employees and over 100 investment professionals, the firm is a leading capital partner for North American middle market companies. For more information, visit the Audax Group website www.audaxgroup.com.