Dakota Capital - Investing In Middle Market Companies

Winslow Liferaft

Overwraps Packaging

Sterling Foods

The Lofland Company


ACTIVE INVESTMENTS

Winslow Life Raft

Business Description: Winslow Liferaft is the leading producer of life rafts s in the marine, and corporate aviation markets and service provider for aircraft slides

Products and services: Life rafts and the service of life rafts and aircraft slides

Website: www.winslowliferaft.com

Seller's Needs:
Transition the Company to its current management team;
Realize liquidity for estate purposes;
Support the expansion into new markets.

Investment Thesis:
Build on the leading market position of the Company;
Expand into new market segments;
Add additional distribution channels;
Enter new product markets;
Capitalize on the installed base for service.

Solutions:
Provide an all cash transaction;
Enable the current shareholders to participate in future growth;
Provide equity for management as a valued partner;
Provide tools for expansion.

FORMER INVESTMENTS

Overwraps Packaging

Business Description: Overwraps is a converter of flexible plastic film used for food, medical and industrial packaging applications. The Company's value proposition is to provide turn key solutions for short run, quick turnaround, laminated packaging of up to eight colors.

Products: Company converts flexible film products such as potato chip bags, coffee bags, medical surgical masks and cookie packaging

Website: www.overwraps.com

Seller's Needs:
The founder desired liquidity for estate purposes;
Retire two years after the transaction;
Fund a $2.0 million capital expansion to maintain a customer.

Investment Thesis:
Deploy new printing assets;
Build on the Company's strong reputation for quality and service;
Recruit a new CEO and build a management team;
Use technology to increase profitability.

Solutions:
Provide an all cash transaction;
Fund the entire transaction without bank debt;
Fund a new $2.0 million press at closing;
Recruit a CEO from an industry leading company.

Sterling Foods, Inc.

Business Description: Sterling Foods is the leading innovator and supplier of "shelf stable" bakery products for government and commercial markets.

Products: Cookies, brownies, bread, pretzels and other baked goods that last up to four years.

Website: www.sterlingfoodsusa.com

Seller's Needs:
Liquidity for estate purposes;
Retire immediately.

Investment Thesis:
Leverage government business to expand into commercial markets;
Fund R&D to create value added products.

Solutions:
Purchase price in excess of other purchasers;
Recruitment of new CEO;
Backing current and incoming management in ownership.

The Lofland Company

Business Description: Lofland is one of North America's largest independent fabricators of reinforcing steel ("rebar") and a significant distributor of other miscellaneous construction related products ("CRP's").

Website: www.loflandcompany.com

Seller's Needs:
Liquidity on investment;
Confidence of close.

Investment Thesis:
Expand the geographic base of operations through acquisition of contiguous territories;
Capitalize on government transportation funding.

Solutions:
Provide for adequate funding of acquisitions;
Provide acquisition expertise.