Colonnade Distribution Limited
Acquisition Criteria

Businesses:           Value added distributor.
                                Assembler or light manufacturer.
                                Strong and sustainable niche market position with
                                identifiable competitive advantage.
                                Good demographics, social, technology, or public
                                policy trends.
                                No start-ups or early stage businesses.
                                No minority investments, control only.

Size:                       Less than $15 million in sales.
                               
More than $250,000 operating profit.

Reason                   Estate planning by founder.
for Sale
:                 Owner over age 60 planning for retirement and
                                managment seccession.
                                No family sucessor in the business

Business                No significant customer concentration.
Risks
:                     No serious enviromental, labor, product liability, or
                                or other problems.

Management:        Management team sound and in place.
                                Commit to remain for at least 2 years post-closing.
                                Desire to operate business.

Character             
Honest and trustworthy.
of Owner
:              High concern for employees, community and the
                                company's future.

                               
Entrepreneurial founder, or later generation owner,
                                not trader.
                             
  Desire for company to continue to succeed
                                indefinitely