Approach PRIVATE EQUITY REAL ESTATE Differentiated Approach Kassel takes pride in being a true partner in the purchasing process, beyond simply a source of capital. Our team invests time and resources to identify critical opportunities by utilizing data analytics, the market, and existing human capital. Through the team's collective experience, Kassel has developed a proven execution and operation model. Our firm's strategy is unique and makes us the ideal partners for investors and businesses. Excel In Complex Situations Kassel excels in complex situations, including family-owned businesses with no succession plan. and distressed transactions, where speed and certainty to close is a priority. Our firm has experience structuring, financing, and closing transactions in unique circumstances. Kassel is often considered the buyer of choice by management teams, owners, financial intermediaries, and capital sources. Avoid Excessive Risks Kassel seeks to create value in investments through the development and implementation of a shared strategic vision of how to maximize revenue and cash flow. As a result, the firm builds value for investors by utilizing time-tested operational best practices and prudent growth strategies, without relying on excessive amounts of leverage or unnecessary risks. Hands-On, Operational Approach With extensive background and experience in operations, Kassel's team approaches investing with an operational mindset. We aim to serve as a value-add resource to management teams, leveraging the collective strengths of the group, and taking an active role in developing and implementing the operational strategy. All of our real estate assets are self-managed, and the vertical integration of our affiliated companies optimizes cash flow and equity. Investment Criteria Kassel is industry-agnostic and situation specific, with experience and relationships across many sectors. Our team has successfully deployed equity capital across a diverse set of manufacturing, construction, distribution, and value-add service industries. Business Features $5 to $150 million in annual revenue Invest $1 to $20 million EBITDA Headquartered in Midwestern and Southeastern United States Leading, defensible market position with sustainable competitiveness Differentiated and diversified products or services At or near an inflection point in business life cycle Value-add opportunities with strategic growth Investment Profile Transition planning for private or family businesses Under-funded or in need of additional working capital Complex and special situations in protected niches Underperforming or operationally challenged businesses Industry Focus Building Products Construction & Infrastructure Engineering Industrial Mechanical Transportation & Logistics View the companies that comprise our current portfolio. Copyright 2016-2019 Kassel Equity

The Firm WHAT WE DO MANAGEMENT TEAM CAREER OPPORTUNITIES Thomas Werner Managing Partner & CEO Felipe Gonzalez Managing Director, Real Estate Operations Brett Motherwell Managing Partner David Covert CTO Copyright 2016-2019 Kassel Equity