Investment Criteria

Industry Focus
Hartwick is actively seeking to acquire Midwest based manufacturing, distribution and media companies. Other industries will be considered but we are interested in manufacturers of consumer products, building products and print media companies. We will not consider automotive or high technology companies.

Revenues
Targeted Companies will have annual revenues of at least $5 million and typically under $25 million. Media companies should have revenue of at least $500,000.

Profitability
Hartwick will consider investing in companies that are not profitable as well as those generating profits.

Transaction Size
Total transaction size generally ranges between $3 million and $20 million with the exception of media companies which may be as small as $500,000. Hartwick will sponsor a larger transaction in certain circumstances

Geography Companies located within the states of Michigan, Indiana and Ohio preferred. Companies located outside of the Midwest will rarely be considered.

Fees Intermediary and finders fees will be paid upon a successful acquisition.