Acquisition Criteria Our Team CASTLE ISLAND PARTNERS Founded in 2005, Castle Island Partners is an investment firm that acquires controlling stakes in closely-held middle market industrial and consumer businesses. Our goal is to help these companies get to the next level by leveraging deep operating resources, strategy and analytical expertise, and long investment time horizons. OPERATING EXPERIENCE Our Partners have run industrial or consumer companies ranging from $10 million to $1 billion in revenue. As a result, our recommendations and advice as investors are grounded in an understanding of the real=world challenges that face leaders of growing middle market companies. STRATEGIC RESOURCES We utilize the strategy toolkit from our prior experiences at Bain Capital, Parthenon Capital, and Berkshire Partners which helps us assess competitive threats and market opportunities in an analytical and data-driven way. These resources are typically only accessible to much larger companies. LONG HORIZON We are private investors who are investing our families' capital over extended periods of time, targeting 10+ years. We are not a private equity firm with a traditional fund structure, so we do not have have cookie-cutter investment time horizons driven by internal fund dynamics. CASTLE ISLAND PARTNERS LLC 339 AUBURN ST SUITE 12 NEWTON MA 02466 Castle Island Partners has four principals residing in the Boston and Charlotte markets, and seeks to acquire companies that are easily accessed from these airports. We have been investing for over 15 years in distribution, manufacturing, software and service businesses in industrial and consumer sectors, ranging in EBITDA from $1 million to $50 million. At the lower of this size range, we are principally buying for our own accounts, whereas for larger deals we partner with large family offices and institutions, with whom we have collaborated in the past. We typically buy a controlling stake but are open to minority investments in companies where we have a material say and economic stake in the partnership. Our objective is to own businesses for 10-15 years. We have acquired six companies and currently have three active investments: Boston Interiors Furniture, Organic Dyes and Pigments, and ADT Pizza.