Forrest E. Crisman

HKW invests in small and middle market companies located in the United States and Canada with an EBITDA of USD 5 - 30 million and revenues of USD 10 - 75 million. The firm focuses on business services, health & wellness, software and technology sectors. It participates in buyout stage capital transactions. The firm acquires controlling interest.

First New England Capital (FNEC) invests in mezzanine and equity securities of middle market, later-stage companies across a variety of industries that have generated $10 million to $150 million of revenue and have demonstrated an ability to deliver strong operating performance and cash flow. They also consider investments in dynamic, fast-growing companies with a demonstrated ability to execute well-defined operating strategies. The firm seeks companies which have demonstrated a balance between sustainable growth and expense control. The firm prefers to invest in transactions that range in size from $2 million to $7 million. They may also make smaller investments in companies that have the potential for follow-on investment or larger investments in combination with other investment partners. Investments may be structured as current pay and/or payment-in-kind securities, preferred stock or common equity in conjunction with mezzanine capital. FNEC's capital is typically used to provide liquidity to founders and existing shareholders, to make acquisitions or finance organic growth. They will act as lead or participate as a member of larger syndicates. FNEC is often a minority investor. In most investments, FNEC requires board representation.