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Clairvest presentation, May 16, 2013

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Clairvest presentation, May 16, 2013

  1. 1. Clairvest Group Inc. 2 Seasoned  Board  of  Directors  •  Clairvest  Group  was  founded  in  1987  “by   entrepreneurs  for  entrepreneurs”   •  39  investments  to  date   •  Co-­‐CEOs  lead  the  firm  for  19  years     •  Management  team  together  for  11  years   •  Clairvest  Group  is  listed  on  the  Toronto   Stock  Exchange  (TSX:  CVG)   •  Clairvest  is  owned  88%  by  its  board  and   management   •  We  invest  our  own  money,  at  least  25%   of  each  fund  comes  from  Clairvest     *  Companies  that  members  of  Clairvest  board  led    
  2. 2. Clairvest - Distinguishing Characteristics 3 Our  DisUnguishing  CharacterisUcs   Ownership   Flexibility   •   We  do  not  insist  on  a  control  posiUon   •   We  back  in  place  owner-­‐operators   PaUent     Growth  Capital   •   We  provide  capital  to  facilitate  growth   •   We  hold  our  investments  longer  to  build  leading  businesses   •   We  focus  on  value  creaUon  as  opposed  to  financial  engineering   AcquisiUon   Experience   •   We  have  supported  15  regional  consolidaUon  strategies   •   We  assisted  por[olio  companies  with  over  195  acquisiUons   Industry     Focused   •   We  dedicate  substanUal  resources  to  our  chosen  domains   Alignment  of   Interest   •   We  invest  our  own  money;  at  least  25%  of  each  fund  from  CVG   •   Over  88%  of  Clairvest  owned  by  management  and  the  board  
  3. 3. Private Equity Landscape 4 Private   Equity   Venture   Capital   Angel/Seed   Startup   1st  –  3rd   stage   Bridge   Late  Stage   Growth   Turnaround   MBO   LBO  
  4. 4. What Clairvest Is Looking For 5 ü  Proven & Invested Management Team ü  CEO Who Seeks to Deepen and Complement Team ü  Stable Revenue and Distributed Customer Base ü  Well Positioned for Growth; for example: •  Strong safety performance and culture •  Difficult to replicate assets •  Customer contracts ü  Strong Unit Economics and Return on Capital ü  Deal Size That Fits Our Fund ü  Logical Path to Exit ü  Contingency Planning
  5. 5. Being Prepared 6 Financial   Legal   Corp.   Governance   •  Audited  F/S   •  Regular  KPI  ReporUng   •  Detailed  budgets/  5   years  forecast   •  Ideally,  scalable  IT   systems  for   operaUons  and   financial  reporUng   •  IncorporaUon  Docs.   •  Business  licences   •  Supply  contracts   •  Major  customer   agreements   •  Regulatory  approvals   •  Employee  agreements   (especially  senior  staff)   •  Patents   •  Documented  policies   for:   Ø Bonuses   Ø Benefits   Ø Pension  plans   Ø Safety   •  Board  of  directors/   advisors  

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