EBSCO Capital Investment Criteria

EBSCO Capital is responsible for the investment and acquisition activities of EBSCO Industries. We are primarily focused on new platform opportunities and add-on acquisitions, but are also committed to venture and fund opportunities that align with our goals.

The below criteria speaks to our preferences within each investment category.

PREFERENCES

	Platforms	Add-ons	Direct Venture	Funds
Thematic Alignment	Strong Preference	Preferred	Required	Required
Size	$8-25M EBITDA	No minimum	No minimum	No minimum
Profitability	>10% EBITDA Margin	>10% EBITDA Margin	• Not pre-revenue • Rule of 40 preference	Track record of high return on invested capital
Other	• Sustainable and clear economic moat • Diversified customer base			• Growth equity • Venture
Management	Proven and committed management team			Proven and experienced fund managers

New Platform Interests

EBSCO Capital is actively seeking platform investment opportunities thematically aligned with the interests below. We seek to be permanent capital for durable and enduring businesses, and partner with strong, commited management teams to create sustainable value over the longterm.

Hydraulic Components Manufacturing & Distribution
Electrical Products Manufacturing & Distribution
Electrical Controls & Panel Shops
Water
(Maintenance and Services, Operators and Engineers)
Green Energy and Solar
White Van Industries
(HVAC/Plumbing/Electrical, Appliance Repair and Maintenance, Building
systems Maintenance)
Building Monitoring
(Systems Integrators, Security/Fire)
Specialty MRO Services
Equipment Dealerships
E-Commerce Enablement
Ed Tech