EXSAB investment philosophy is grounded in the following fundamental principles:

Discerning Approach

EXSAB investment general strategy is to make private equity investments in industries that we believe are unique and attractively valued. Broadly speaking, EXSAB investment invests in companies that it believes have solid base cash flows, asset values and growth potential.

Partnership With Management

EXSAB investment believes that it is important to establish a close working relationship with the management team of a prospective acquisition target long before an investment is completed. It is EXSAB investment’s experience that significant ownership by management aligns the interests of EXSAB investment and management and encourages superior performance.

Conservative Capital Structures

EXSAB investment primarily focused on superior, risk-adjusted capital appreciation for its investment capital over the term. As such, EXSAB investment uses leverage cautiously, generally capitalizing initial investment platform predominantly with equity, leaving ample flexibility for growth, follow-on acquisitions and potential economic disruptions.

Disciplined Value Investors

EXSAB investment believes that in order to achieve superior risk-adjusted returns it is crucial to remain strictly disciplined with regards to valuation. EXSAB investment enters investment with strong price discipline and structural protections.