Venture Capital and Private Equity

The capital available through Miller is derived from our principals and venture entity; as such we are opportunistic in our approach and have an efficient investment decision process. We are generally passive investors, and look to partner with owners and management teams of established middle-market companies located in the United States. We seek those opportunities where the operational, financial and transactional experience of our principals can add value beyond just capital. Our opportunistic approach also allows us to design a structure that is mutually beneficial. The following briefly highlights the characteristics of investments by Miller.

• Generalists: primarily manufacturing, service, insurance, financial, real estate, and distribution business
• Exclude: oil, gas, mining, energy, biotechnology

• United States: preferably Southwest

• Established companies with revenue in excess of $5.0 million
• Proven management teams
• Positive operating margins
• Defensible market share
• Diversified customer base without undue concentrations