PRIVATE & CONFIDENTIAL We support the Growth and Development of companies together with great management teams.Introductory Presentation
AGENDAI. History IV. InvestmentsII. The Team V. Previous InvestmentsIII. Investment Focus Appendix • Team Profiles • Media Coverage
History www.broadlakecapital.com Established by Pete Smyth in 2009 • Private Equity - Allen McGuire & PartnersFocused on • Investment Banking - Lehman BrothersAdding Value by • Industry - Noonan Services Groupworking inpartnership with • Private Equity - Broadlake Capitalmanagement… Noonan Services Group exit - Q3 2008 Actively seeking to put capital to work
Our Team www.broadlakecapital.comStrong OperationalFocus… Pete SmythExperienced Acquirers& Integrators of Eamon Allen Anthony Gahanbusinesses… Kevin MacSweeny Donal Garrihy Tom Smyth
Investment Focus Investment Type www.broadlakecapital.com Majority shareholding preference Minorities considered with the right partners The Investment Strategy Type Equity investments up to €20m Investment types • Buyout The Sector Difference Focus • Growth Capital • Special Situations Geographic Focus – UK and Ireland
Investment Focus Sector Focus www.broadlakecapital.com Will consider transactions in all sectors – sector specific expertise in the following areas: Services Specific Generalist The Investment Support Services: • Niche Manufacturing Strategy Type • Soft Services • Engineering • Hard Services • Print & Packaging • Food & Beverage The Sector Business Services: • Media & Publishing Difference Focus • Business Process Outsourcing • Environmental /Energy /H&S • Temporary staffing /recruitment • Education & Training
Investment Focus Sector Focus www.broadlakecapital.com The Broadlake Investment Team has extensive operational expertise in the following sectors: Support Services The Investment Business Services Strategy Type Specialist Manufacturing Consumer Goods/Food The Sector Difference Focus Print/Packaging Financial Services
Investment Focus The Difference www.broadlakecapital.com ‘Dry Powder’ – Cash not commitments Team solely focused on acquisitions - no portfolio distractions The Investment Strategy Type Investors with extensive operational expertise Value creation from operational growth & improvements The Sector - not pure leverage Difference Focus Speed of execution – flat decision making process Flexible exit timeframe – no fund restrictions
Investment Focus The Strategy www.broadlakecapital.com Strong alignment of interests with management Active investors – supporting (not managing) companies The Investment Strategy Type Buy and Build expertise Leverage extensive Broadlake network The Sector Focused strategy development & execution Difference Focus
Investments Investments - Current www.broadlakecapital.com Wild About Water Commenced as Greenfield Start-up 2003 Adding Value – Growth organically and through acquisition (6 companies) By working in partnership with Entered UK Market the Wild About Diversified Service Offering Water Team… Developed Management Team Currently No. 2 in Irish Market Business continues to Grow and Develop Ongoing Implementation of long term strategy
Investments Investments – Former www.broadlakecapital.com Noonan Services Group Established 1977 A team with hands- Pete Smyth assumed leadership 2003 on experience of Successful Exit September 2008 successfully Key Developments (2003 – 2008) implementing growth strategies... Doubled turnover (to c€120m) & profitability Combination of strong organic and acquisitive growth Further developed strong management team Entered UK market & expanded service offering Repositioned business (multiservice provider) Retained Group’s strong culture & reputation
Pete Smyth – Chief ExecutivePete commenced his career in Private Equityworking with Allen McGuire & Partners, a leadingIrish Investment Firm which focused on mid marketinvestments in Western Europe. Pete moved fromAllen McGuire to Lehman Brothers Europe wherehe worked in their Investment Banking division untilhe returned to Ireland in 2003.A graduate of University College Dublin, Pete joinedone of Ireland largest Support Services Companies,Noonan Services Group in 2003. Pete wasappointed Group Chief Executive in 2004 andmanaged the Group through a period of significantorganic and acquisitive expansion.In September 2008 Pete managed the successfulsale of the Group to a UK Private Equity company.Pete holds a BA in Pure Economics from UniversityCollege Dublin and a Masters in InternationalBusiness from the UCD Graduate School ofBusiness.
Tom Smyth – Corporate Development DirectorTom commenced his career in L’Oréal’s GlobalManagement Trainee programme in London where hegained valuable retail, manufacturing & consumer goodsindustry experience. Tom moved from L’Oréal to work asa Business Development Manager for the SThree Group,the FTSE listed specialist recruitment firm. Following theGroup’s IPO in 2005, Tom left to complete an MBA inOxford University (Säid Business School). Upongraduating in December 2006, Tom joined MacquarieCapital Partners (now M3 Capital Partners), aninvestment banking/private equity firm which specialisesin corporate finance advisory, capital raising andmanaging a $2bn global real estate private equity fund.In January 2010 Tom returned to Dublin to join BroadlakeCapital to oversee the Corporate Development activities.To date, Tom has worked on over €10bn of M&A, privateequity principal investment and capital raising dealsacross Europe, the US and Asia.Tom holds a BArch in Architecture from TrinityCollege Dublin and an MBA from Oxford University(Exeter College).
Donal Garrihy – Investment DirectorDonal was one of the founders of Wild About Water in2003. Having established Wild About Water as agreenfield venture in 2003 he has grown the businesssignificantly through a combination of both bolt-onacquisitions and strong organic growth in recent years.Today Wild about Water in one of the leading POUcompanies in Ireland and has established a growingpresence in the United Kingdom.Donal was previously the Director of Sales and MarketingEMEA for Oasis, which was the world’s largestwatercooler manufacturer. Donal spent nine years withOasis developing their market position across Europe, theMiddle East and Asia. Donal joined Broadlake Capital asan Investment Director in 2009.Donal works closely with portfolio companies assistingthem with the implementation of their business plans.Donal holds a BComm from University College Dublin.
Kevin MacSweeny – Investment ExecutiveKevin started out his career as CorporateDevelopment Executive with Noonan Services Groupin 2006. Reporting Directly into the Group CEO PeteSmyth his role encompassed the sourcing, appraisaland execution of acquisitions across Ireland and theUnited Kingdom.Following the sale of Noonan Services Group inSeptember 2008 Kevin was seconded to Wild AboutWater to assist with the execution of a number of keyacquisitions. Having completed two of these bolt onacquisitions in early 2009 Kevin joined BroadlakeCapital as an Investment Executive.Kevin works closely with the Firm’s Chief Executive inthe areas of investment origination and appraisal. Heholds a BA in Economics and Psychology fromUniversity College Cork and a Masters inManagement Consultancy from the UCD GraduateSchool of Business.
Eamon Allen – Advisory Board MemberEamon has over 30 years experience in the Private Equity andInvestment Banking Sectors. Eamon’s career commenced withICC Bank where he was responsible for corporate lendingbetween 1977 - 1983.Eamon joined Bankers trust in 1983 and spent the next sixyears in a variety of roles in its London and New York offices.Eamon returned to Ireland in 1989 to establish Allen McGuire &Partners, a Mid Market Private Equity Firm which made sixteeninvestments worth a total of $500m over a fifteen year period.The company invested in a combination of private andpublic to private acquisitions in a variety of industry sectorsacross Western Europe.The Firm was focused on acquiring companieswith strong brands and market positionsfollowed by working closely withmanagement teams to implement operationalimprovements and growth strategies.
Anthony Gahan - Advisory Board MemberAnthony has over 20 years experience in the InvestmentBanking Sector. Anthony is one of the founding membersof Wyvern Partners, a boutique London based corporatefinance advisory firm. Anthony previously held seniorpositions at Lehman Brothers and Flemings.At Lehman Brothers Anthony was responsible forcoverage of the European Industrial Sector, while atFlemings his role encompassed global coverage withsubstantial exposure to Asia, Latin America and theMiddle East. Prior to joining Flemings, Anthony worked atCharterhouse and NatWest.He has advised on most types of public and privatetransactions including leveraged transactions andfinancings. Anthony is fluent in Spanish, French andPortuguese.
Appendix Deal of the Year www.broadlakecapital.com “Mid-market Corporate Finance Deal of the Year”
Appendix Deal of the Year www.broadlakecapital.com “Funding Facility Deal of the Year”
Appendix Noonan Services Deal Announced www.broadlakecapital.com