Current Portfolio Companies
	Universal Property and Flood is a leading, national provider of outsourced services and reports to lending institutions. UPF is a rapidly growing company whose current services including title reconveyance, tax payment monitoring, flood determinations, UCC filing and other related services that the Company's bank and credit union clients require to process and service collateral-based loans. The Company's reconveyance service is unique and is a required activity. The Company has been very successful in competing against large competitors and small niche competitors with superior customer service and a "customer first" philosophy and culture, product development, and technical innovation -- services that outperform the competition. As a result, UPF has very strong relationships with its customers. The company will be a platform for organic and acquisition growth in the information and lender-services markets. (www.upfinc.com)
	Alpha Sintered Metals Alpha Sintered Metals is a leading designer and manufacturer of highly precise powdered metal components including spur, miter, and bevel gears, sprockets, sensor rings, cams, pulleys, eccentrics, complex structural components, flanges, bushings and bearings. These components are used primarily in small engines, transmissions and mechanical drive applications for the outdoor power equipment (including lawn and garden), automotive and general industrial markets. The powdered metals parts industry is a growing multi-billion dollar industry. Growth is being driven by manufacturers seeking cost savings through substituting powdered metals parts for cast or forged metal parts. A key element of Alpha’s success is its technical (metallurgy), engineering (gear design) and manufacturing (sinter hardening) expertise that has fostered long-standing customer relationships based on the joint engineering or re-design of parts. Alpha’s specialty is high precision gearing and large-sized powdered metal parts.The Company has some of the largest presses in the industry. (www.alphasintered.com)
	Dickinson Frozen Foods is a leading primary processor and supplier of IQF (individually quick frozen) onions, peppers and other vegetables to branded food products manufacturers. The Company has attained its industry-leading reputation for quality, service and reliability by consistently meeting the exacting standards of its major customers that include many top tier, household name food products companies. The Company also has achieved its position as a key value-added ingredient supplier to the industry through product and processing innovation, investment in manufacturing processes and equipment, and close alignment with the supply chains of its major customers. The Company is pursuing a growth plan that involves internal growth initiatives and potential entry into other specialty vegetable ingredients, both IQF and fresh, and complementary acquisitions. Companies that may be of interest to Dickinson would include vegetable, food and ingredient processors and manufacturers of products used in both frozen and non-frozen foods, ranging from frozen entrees, prepared meals, and pizza, to salsa, soups, stews, sauces, and wraps and prepared food products, and sold to industrial or food service channels. (www.dickinsonfrozenfoods.com)
	Communications Products and Services is a leading distributor and materials management company that serves the outside plant construction materials needs of broadband communications companies. The Company provides conduits and fittings, vaults and enclosures, wire and fiber optic components and cables, and tools and accessories. These products, in conjunction with CPS’s materials management services, are typically used in the construction of long-haul, regional and rural interconnects, local loops and last-mile fiber optic infrastructure builds and CATV upgrades. (www.cpsosp.com)
Prior Portfolio Companies
	MacBall Industries is the leading manufacturer of energy-saving swimming pool covers for the commercial marketplace. Founded in 1975, MacBall developed the reinforced foam laminate and pioneered its use in multisectioned floating, insulating pool covers with stainless steel deployment mechanisms for schools, colleges, park districts, municipal recreation departments, private clubs and YMCAs. MacBall covers for both indoor and outdoor pools save heat, water and chemicals. West Coast Laminating, a sister company, custom laminates various polyethylene foam substrates for third party customers as well as for MacBall’s pool cover requirements. MacBall Industries and West Coast Laminating were acquired by U.S. Filter (NYSE:USF) in February 1999 to complement U.S. Filter’s aquatic product offerings. (www.strancoaquatics.com)
	InnerAsia Travel Group is one of America’s leading adventure travel companies and is a holding company for Geographic Expeditions, Inc. and Geographic Travel, Inc. The Group is one of the pioneers of adventure travel and specializes in upscale travel to remote destinations. In addition to offering a unique range of travel services to over 4,500 travelers per year, it offers location management and marketing support services to individuals, non-profits, corporations, travel agents and government tourism agencies. Its worldwide activities encompass operations in over 50 countries and across all continents including Antarctica. Geographic Expeditions was recently recognized by Travel and Leisure magazine as one of the world’s best tour operators. (www.geoex.com)
	Physician Support Systems was a leading provider of business management services to health care providers, providing services to over 350 hospital and 6,000 physicians throughout the United States. PSS’s physician clients practice medicine in an array of settings, including solo and group practices, independent practice associations, specialty networks and other affiliated-physician group and practice various specialties, including radiology, anesthesiology, emergency room medicine, pathology, cardiology, surgery and primary care. A key aspect of PSS’s strategy is the acquisition of other companies providing business management services to hospitals and physicians. PSS completed a $42 million initial public offering of its common stock (NASDAQ:PHSS) in February 1996. In November 1997, PSS agreed to merge into a much larger company, National Data Corporation (NYSE:NDC)
Growth Equity Investments Made by the Principals
	Work Options Group, the nation's most comprehensive and proven dependent backup care services provider. (www.workoptionsgroup.com)
	Arroweye, the leading customized gift card services company. (www.arroweye.com)
	Aardvark Medical, a sinus and nasal care consumer product company. (www.aardvarkmedical.com)
	Avalara, the leading sales and use tax SAAS company serving small- and medium-sized businesses. (www.avalara.com)