PS Capital Partners has built and maintains a strong deal referral network that understands and has confidence in the firm's approach to private equity investing. PS Capital Partners has invested in several businesses in the Upper Midwest over the last few years. Paul and Paul continue to seek new investments opportunities in stand-alone or add-on acquisitions for the current portfolio of companies highlighted below:

JTS Direct, LLC (Recapitalization of entrepreneur owner business, March 2011)

Provides time-sensitive, multi-color printed coupons, advertising supplements and mail wraps

Hartland, WI

http://www.jtsdirectllc.com

International Thermal Systems, LLC (Buyout of subsidiary of international holding company, August 2010)

Manufactures industrial process ovens, furnaces, washers and associated material handling equipment for applications in the metal packaging, battery, automotive, power generation, aerospace, foundry and building products industries.

Milwaukee, Wisconsin

http://www.itsllcusa.com

Superior Health Linens, LLC (Buyout of entrepreneur led business, December 2007)

Provides textile rental and maintenance services for the healthcare marketplace.

Utilizes the latest laundry technology and system controls for rapid turnaround and delivery of linen and other textiles.

Cudahy, Wisconsin

http://www.superiorhealthlinens.com

Cardinal Packaging Products, LLC (Recapitalization of management-owned business, June 2007)

Distributes packaging products for industrial and retail customers.

Provides full, turn-key solutions including custom packaging design and development.

Crystal Lake, Illinois

http://www.cardinalpkgproducts.com

Nekoosa Coated Products, LLC (Buyout of division of publicly traded company, June 2005)

Manufactures carbonless paper products used by corporate in-house print production departments, commercial printers and independent forms producers.

Provides contract converting and packaging services.

Nekoosa, Wisconsin

http://www.nekoosacoated.com

Waukesha Metal Products, LLC (Buyout of entrepreneur led business, March 2005)

Provides custom designed high-quality precision metal stamping dies and stamped metal products for the automotive, appliance, electrical, lawn and garden and aerospace industries.

Sussex, Wisconsin

http://www.waukeshastamping.com

Milwaukee Composites, Inc. (Growth Capital of entrepreneur led business, October 2004)

Designs and manufactures lightweight passenger car flooring used in the mass transit industry with applications in other niche markets utilizing a patented and proprietary phenolic composite material.

Oak Creek, Wisconsin

Prior Portfolio Investments

Sharp Packaging Systems, LLC (Buyout of entrepreneur led business, April 2006)

Manufactures packaging equipment for low-to-medium volume commercial/industrial applications and provides specialty consumable plastic pre-opened bags in continuous form.

Sussex, Wisconsin

http://www.sharppackaging.com/

Midwest Stainless Process Systems, LLC (Buyout of entrepreneur led business, June 2003; sold to industry experienced investor February 2006)

Provides design and fabrication of specialty stainless steel products and systems for the food, dairy, beverage and biopharmaceutical industries.

Distributes spare parts and provider of field installation, maintenance, and repair.

Menomonie, Wisconsin

http://www.midweststainless.com

Milwaukee Sign Company, LLC (Recapitalization of family business, April 2004; Sold to strategic buyer March 2005)

Manufactures signage products including standard main ID signs, fascia systems, and automated LED and scrolling price change units.

Provides turn-key re-images and installation services to large multi-site retailers.

Grafton, Wisconsin

http://www.milwaukeesign.com/mc.html