National Pen, headquartered in San Diego, CA, is a leading direct mail provider of personalized promotional products globally. National Pen differentiates itself through its superior mailing capabilities, state-of-the-art decorating, integrated manufacturing and its unique go-to-market strategy. National Pen has a large and diverse customer base of approximately one million customers in the U.S., Canada, Europe, Australia and New Zealand.

PADI is the largest organization in the world committed to the education, training and certification of recreational SCUBA divers, and to the continuing education and training of SCUBA diving instructors. PADI is also the world’s largest professional membership organization serving the SCUBA diving industry, with a total membership base of approximately 136,000 individual instructor members and over 6,000 retail and resort members in 175 countries and territories throughout the world. PADI was founded in 1966, and is headquartered in Rancho Santa Margarita, California, with regional offices in Australia, Canada, Japan, Switzerland, and the United Kingdom. Throughout the Company’s history, PADI member instructors have issued over 20 million certifications.

  
True Temper Sports is the market leading designer, manufacturer and supplier of golf club shafts as well as performance sports products including hockey sticks, lacrosse stick handles and other equipment. True Temper is a highly recognized brand name within the golf industry and has been the number one shaft on the PGA Tour for more than 75 years. The Company's shafts are in use by over 90% of all tour professionals, translating into more tour wins than all other shafts combined. True Temper manufactures both steel and graphite shafts and its brands include Dynamic Gold, Dynalite, Project X, Rifle, and ProLaunch. True Temper is headquartered in Memphis, Tennessee with manufacturing and R&D facilities in the United States and China and offices around the world.

  
Allison Marine is a marine outfitting, repair and refurbishment company that provides integrated land based and offshore services to oil and gas operators in the Gulf of Mexico primarily related to platform and rig logistics.  The Company’s operations are focused on refurbishment, resale and recycling of platforms and equipment, fixed-priced platform decommissioning project management, and various other offshore support services.  Allison’s business expertise involves all stages of the platform lifecycle, which is unique among oil and gas service providers.  The Company’s services include the removal of used platforms and providing all of the logistical services required to dispose of them; selling fully customized, refurbished platforms and installing those refurbished platforms offshore; and maintaining, modifying and repairing offshore platforms throughout their useful life.

 

Phoenix Brands meets the needs of consumers everywhere. With a portfolio of widely recognized household care and laundry brands including Niagara® Spray Starch, Rit® Dye, Final Touch® Fabric Softener and Fab®, Dynamo®, Ajax®, Arctic Power®, and ABC® Laundry Detergents, Phoenix Brands taps into the universal household needs of the everyday consumer. Phoenix Brands' overall mission is to ensure that their products and brands will always be consumer-relevant and their approach to business is ever customer-centric. Phoenix markets great brands by enhancing product performance, shelf impact and brand appeal. Their brands enjoy wide consumer recognition, and will continue to invest in building on that equity. Their highly flexible business model enables Phoenix to bring customized solutions to its retail partners.

Latite Group LLC Founded in 1943, Latite is a leading roof installation service provider in Florida and one of the largest roofing installation companies in the United States. Latite offers new roof installations and re-roofing (replacement roofs) for both residential and commercial buildings.

 

 

Flight Training Acquisitions brings together two recognized leaders in aviation training, Aerosim Flight Academy, formerly Delta Connection Academy and Aerosim Technologies to develop global aviation training capabilities, and to develop and market simulation-based products. The academy, established in October 1989 by Comair Airlines, operates a fleet of 73 aircraft and has a combined total enrollment of more than 550 flight students. Aerosim Technologies of Burnsville, Minn., founded in 1993, specializes in low-cost, high fidelity, simulation-based training products and offers pilot and maintenance technician training tools for ground school, flight training, and distance learning applications. Aerosim and DCA have had a relationship since 2007. The academy uses desktop avionics system trainers, advanced aviation training devices, and flight training devices for its Cirrus aircraft that were manufactured by Aerosim. Management believes the new company will be able to provide training more efficiently, allowing FTA to take advantage of the ever increasing global demand for pilot training.

 

The Alaska Club is the leading operator of premium health and fitness facilities in Alaska. Founded in 1986, The Alaska Club has an estimated 60% market share in Alaska and maintains a statewide network of 18 full service locations. The clubs are located throughout Alaska in Anchorage, Fairbanks, Juneau, Wasilla and Eagle River and offer members an unparalleled array of activities, services, and equipment, including state-of-the-art fitness equipment, the ExpressWay circuit (limited duration, complete workouts), personal training, women only and luxury format clubs, child care services, basketball courts, racquet sports, pools, and climbing walls.  The Alaska Club’s membership plans span from Economy to Platinum, attracting both individuals and families, and the clubs are unique to each location and range in size from approximately 5,000 square feet to 108,000 square feet.  The Alaska Club is among the top 25 fitness companies in the nation.

Dalbo Holdings, located in Vernal Utah, is a consolidation of four companies that provide equipment rental and fluid management services to oil and gas E&P (exploration and production) companies.  The Company transports a variety of materials and equipment used primarily in the drilling, completion and production stages of an oil or gas well.  Dalbo also operates a heavy haul division that moves rig components and other heavy equipment for its customers. With offices in Vernal and Roosevelt, Utah, the Company service regions include the Uinta-Piceance Basin and the Green River Basin in the Rocky Mountains; the San Juan Basin in New Mexico; the Marcellus Shale Formation in Pennsylvania; the Permian Basin in West Texas; and the Bakken Shale Formation in North Dakota.

 

Nursery Supplies Inc. (NSI) is the world's leading manufacturer of plastic containers for the wholesale nursery industry. In its early days, the company marketed such products as bushel baskets, apple crates and seedling trays to what was then called the "truck farm" industry in the Metropolitan New York and Philadelphia areas and went on to become the country's first producer of plastic containers for the nursery industry.
NSI produces a broad product line from manufacturing facilities strategically located throughout the United States. The Company uses a direct sales force and a network of third-party distributors to market its products. The Company's deep roots in the business and longstanding expertise in manufacturing has garnered for its products a well-deserved reputation for high quality at a cost-effective price.

 

 

Desch Plantpak is comprised of Desch Plantpak, Summit Plastic Company and Janor Pot. Headquartered in the Netherlands, Desch-Plantpak is the leading manufacturer of thermoformed plastic containers, trays and injection molded containers for the greenhouse industry in Europe. The company operates from four manufacturing sites – two in Great Britain and two in the Netherlands. Summit Plastic Company, based in Akron, Ohio, has a 50-year history in horticulture thermoforming. JanorPot, also located in Akron, Ohio, was formed in 2001 as a joint venture between Desch-Plantpak and Summit Plastic Company. It is a hybrid of product, marketing and manufacturing – combining the best talents of the initiators – thus becoming one of the fastest growing companies in the industry. JanorPot’s product line has grown from four sizes of round pots in 2001 to over 20 in 2006.

Based in Vernal, Utah and founded in 1988, Cutters Wirelineis a leading service provider to natural gas and oilfield exploration and production (E&P) companies.  Cutters operates a fleet of customized trucks used to lower and raise measurement instruments and tools attached to armored cables into the shaft of an oil or gas well.  The Company performs cased-hole electric wireline services including logging, perforation, mechanical services, and plug and abandonment.  These services are utilized throughout the life of a well and are a critical and non-discretionary part of the drilling and production process.  The Company’s instruments and tools are used to log and evaluate downhole conditions, perforate the well pipe and casing (an essential component of the process used to enhance the flow of oil or gas into a producing well), and recover piping.  The Company also performs plug and abandonment services at the end of a well’s life as mandated by state and federal law.  Based in Vernal, Utah, the Company services the Rocky Mountain region, as well as the Denver-Julesberg Basin, the San Juan Basin, and the Permian.

 

 

 

Paddock Pool Construction Co., founded in 1958, is a leading provider of pool construction services and related backyard accessories in the Arizona and Nevada markets. Paddock offers its customers a unique combination of (1) pool, spa and backyard design and construction services and (2) an unmatched retail selection of backyard items including pool supplies, outdoor furniture, barbecues, outdoor lighting, and related accessories. This combination allows customers to evaluate a vast selection of products and designs for all possible backyard needs in one location. In 2004, Paddock completed over 2,000 swimming pools and spas, making the Company the fourth largest pool and spa builder in the U.S, the second largest in Phoenix and the fourth largest in Las Vegas. Paddock’s retail operations consist of thirteen stores in the Phoenix and Las Vegas metro areas and the Company has consistently ranked in the top five in the nation for specialty stores in patio furniture sales.

 

Fallon Visual Products represents the consolidation of some of the leading and most recognized names in the sign manufacturing industry. Fallon Luminous Products, located in Wisconsin, manufactures custom neon indoor signs for the US market. VPC Image Solutions, located in Tennessee, and VPC Shanghai, located in Shanghai, China, partner together to manufacture and sell neon and LED indoor signs to the US and world markets. Transworld Signs, located in Canada, manufactures and sells outdoor signs; and Gordon Signs, located in Colorado, builds and sells large outdoor and architectural signs.  These companies manufacture signs that are used by their customers primarily for brand identification and for retail outlets or for point-of-purchase promotional advertising. The Company’s clients are in the consumer products, financial services, restaurant, petroleum, hospitality and other retail industries and include, but are not limited to, such brands as Canada Post, Holiday Inn, Hyatt, Irving Oil, Marriott, National Bank of Canada, Petro Canada, Shell, Subaru, Jiffy Lube and Wal-Mart. 

 

PCS/ CTS is the combined Peripheral Computer Support, Inc. and Computer Technologiey Solutions. Together they are a leading independent provider of aftermarket repair and logistical support services to the computer storage device industry. As a premier third party service provider, the Company is well positioned to benefit from the growing trend among storage device original equipment manufacturers and systems integrators to outsource logistical support services, repair services and other non-core functions.

 

Computer Technology Solutions, Corp. is a leading provider of after-sales services to major computer hardware manufacturers and system integrators, specializing in the repair of laptop computers and other popular handheld devices. The Company’s services fit well with our current portfolio company, Peripheral Computer Support, Inc. (PCS). The combination of CTS and PCS enables the companies to provide a worldwide one-stop shop solution for the outsourcing of after-sales, in-warranty and out-of-warranty computer services.

 

Wabash National Corp is one of the leading manufacturers of semi trailers in North America. Established in 1985, the company specializes in the design and production of dry freight vans, refrigerated vans, flatbed trailers, drop deck trailers, dump trailers, truck bodies and intermodal equipment. Its innovative core products are sold under the DuraPlate®, ArcticLite®, Eagle® and Benson™ brand names. The company operates two wholly owned subsidiaries; Transcraft® Corporation, a manufacturer of flatbed, drop deck and dump trailers and truck bodies; and Wabash National Trailer Centers, trailer service centers and retail distributors of new and used trailers and aftermarket parts throughout the U.S.

 

 

 

 

Excelsior Radio Networks based in New York City, owns and operates X Radio and MJI Interactive, as well as Dial Communications-Global Media. Through its X Radio programming division, Excelsior produces and syndicates more than 25 music programs and prep services in a variety of formats to more than 2,500 radio stations nationwide. Programs and prep services include “Backtrax USA,” “Rick Dees Weekly Top 40,” “The Countdown” with Walt “Baby” Love , “The Ross Brittain Report,” and Russell Simmons’ “Hip Hop Laws of Success.” Dial-Global provides sales representation services for over 50 national radio production companies producing over 100 different programs and services. MJI Interactive provides affiliated stations with daily music news content services in nine formats and software tools.

 

Headquartered in Jacksonville, Florida, AMPORTS, Inc. is the largest automotive port logistics and processing company in the U.S.  The Company serves as an important link in the automotive supply chain, providing foreign and domestic customers portside value-added services in vehicle processing, including loading and unloading, inspection, storage, installations, customizations, repairs and distribution services.  AMPORTS, Inc. operates at three U.S. portside locations in addition to Jacksonville headquarters and corporate office, in Baltimore, MD; Benicia, CA and Brunswick, GA.  Customers include Toyota, Hyundai/Kia, Honda, Volvo, Subaru, Mazda, Volkswagen, Chrysler, General Motors and Ford.

 

 

 

 

Prince Sports, Inc. is the premiere brand in racquet sports, having pioneered such revolutionary designs as the "oversized" and "longbody" racquets for tennis. The success of Prince in tennis has grown over the years to include a full range of products targeting all major racquet sports including, squash, racquetball and badminton. The Company's brands, which include PRINCE (tennis, squash and badminton) and EKTELON (racquetball), consistently place among the top global racquet sports brands. In tennis, Prince enjoys strong brand recognition in all of the world's largest markets including North America, South America, Asia and Europe and Prince racquets are used by many of the world's leading tennis professionals.

 

 

Bankruptcy Management Solutions, Inc. (“BMS”), based in Irvine CA, is the leading provider of proprietary software products, computer hardware and support services to bankruptcy trustees and certain other fiduciaries. Previously a wholly-owned subsidiary of JP Morgan Chase, the company provides its customers with products and services that are designed to assist trustees in managing asset liquidations under the Bankruptcy Code, effecting creditor distributions and producing reports required by the Bankruptcy Court, the Executive Officer for U.S. Trustees and or various other requirements of fiduciaries. BMS also offers selected specialized banking services, integrated within the software, to allow the trustees and fiduciaries to manage assets related to their cases.

 

 

 

American Coach Lines, Inc. ("ACL") headquartered in Lake Worth, Florida, operates approximately 400 motorcoaches for charters, tours and transit services throughout the southeaster region of the US. ACL is comprised of nine established businesses that have been leaders in their respective markets for an average of over 30 years. Five of the operating entities are located in Florida, two in North Carolina and one each in Maryland and Georgia. The Company was formerly the Southeast Division of Coach USA, Inc.

 

 

 

Transcraft Corp. is the leading designer and manufacturer of high quality flatbed trailers with over 24% market share. Founded in 1963, Transcraft has earned a reputation for producing high quality, innovative products, incorporating superior payload capabilities and lightweight designs. The company has expanded its market position by building the largest dealer network in the industry. Transcraft continues to focus on enhancing its competitive advantages through product innovation, quality manufacturing and expansion of its dealer network.

 

 

 

NexCycle / Strategic Materials – In April 2004, Lincolnshire acquired Strategic Materials, Inc. (“SMI”) and combined it with the operations of NexCycle, Inc. (“NexCycle”), a portfolio company purchased in February 2002. The merger of SMI and NexCycle (the “Company”) created one of the largest non-hazardous waste recovery and reprocessing business in North America. The Company operates with three distinct business lines, Glass Reprocessing, Beverage Container Collection and Plastics Reprocessing.

 

 

Glassalum International Corp. is one of the largest and most respected customized curtainwall providers in the United States. Glassalum has a 28-year history dating back to the initial use of panelized curtainwall in commercial building construction. The Company's ability to deliver a highly engineered product on a rigorous schedule and its record of innovation have positioned Glassalum as the curtainwall supplier of choice for the nation's leading architects and developers.

 

 

Credentials Services International, Inc. At the time of investment, Credentials was a leading direct marketer of credit information and monitoring membership programs to consumers. The Company's core product provided members with comprehensive information regarding private credit data held by credit reporting agencies. That information allowed customers to respond on an informed basis to credit decisions made by mortgage lenders, consumer finance companies, auto loan providers, credit card providers, banks and other lending institutions.

 

 

PCS/ CTS is the combined Peripheral Computer Support, Inc. and Computer Technologiey Solutions. Together they are a leading independent provider of aftermarket repair and logistical support services to the computer storage device industry.

 

 

Riddell Sports Group, Inc. is a leading provider and reconditioner of branded athletic equipment, uniforms, and practice gear for young men and women. The Company is known for its premier position in manufacturing and marketing football helmets to the National Football League (NFL), college, high school and youth sports leagues. The company has three divisions: Team Sports Division, which sells game equipment, apparel and reconditioning services; Retail Division, which sells Riddell® branded products based on NFL, Major League Baseball and NASCAR trademarks; and Licensing Division, which licenses the Riddell® and MacGregor® trademarks to other manufactures.

 

3SI Security Systems,Inc. is the world's leading manufacturer and marketer of electronic security systems for cash protection. The company provides security solutions utilizing electronic activation of dye-based staining, smoke and tear gas to protect currency from bank robbers. The company offers its customers a full range of products that provide security for currency over the entire cash handling chain: from the vault, in transit and in the teller's drawer and/or ATM machine. 3SI's products provide customers with the highest success rate for recovery of cash stolen in bank robberies as compared to all competing products. The company has dominant share in its niche market as a result of its product leadership, strong management and direct sales force. Its customers include all the leading banks in the US, Canada, England and Europe.