Management Capital Holding‘s Investment Approach to
“Special Situations and Turnarounds”

• Management Capital Holding acquires controlling positions in
- underperforming companies
- troubled companies
- under-managed companies

• Focus on companies with EUR 50 million to EUR 500 million in revenue
• Take active ownership role in management and bring turnaround, restructuring, profit improvement or bankruptcy expertise to bear on company
• Prototypical investment
- Financially troubled or underperforming company that is reasonably well positioned in an attractive industry
- Opportunity to increase earnings substantially with fresh capital injection and “hands-on” management