Equity Partners Management
Investing in Sydney

Our investment philosophy is founded on the succeeding 4 Key Principles: Partnership for Value Creation We seek to thrive a lengthy lasting, trusting, principaltoprincipal partnership with each management team, where we have a shared vision for the business around maximizing business growth and shareholder value. Energetic Investment Management We have an active investment management approach, whose objective is to provide the business with authentic and sustainable value add. The management team runs the day to day operations of the business while we act as a platform of encourage to strengthen their capabilities. In our experience, businesses gain from our value total in areas such as: a) Assisting with the development and execution of growth strategies including through leveraging our experience with other triumphant growth businesses across a range of industries. b) Helping with the identification, development and implementation of plans to realism business improvement opportunities. c) Driving the search and funding of potential strategic acquisitions and partnerships and. d) Providing the resources and capabilities to reinforce those of the management team. Integrity We believe that begin communication is a key factor in prosperous deal negotiations. We are forthright in our views on a potential investment and its progress within our assessment process. Responsiveness We know that the investment lead time is a vital consideration for companies seeking funding, so we aim to make the process from deal identification to acceptance or decline as swift as possible. We are an owner managed firm, with a flat management structure. If the proposal suits our portfolio we can move quickly to get the deal done.

NCML is a leading provider of integrated receivables management services in Australia. The company's services offering consists of contingent debt collections, outsourced credit management services, and debt purchase. The company has offices in key strategic state capitals servicing over 1,00 customers across both the public and private sectors. During our partnership with the management buyout team, the company grew very strongly, with fresh business divisions created and meaningful investments made in people, systems and infrastructure. Legion was Australia's market leader in interactive communications services. During our partnership with the management buyout team, the company invested in core infrastructure to build a sustainable platform for growth, successfully executed a strategic aggressive on acquisition and recruited key people resources to augment the capabilities of the management team. During our partnership with the management buyout team, the company tripled its earnings through expansion of the container lease fleet, product innovation and triumphant execution of strategic Bolton acquisitions to strengthen Royal Wolf's competitive positioning. We backed an experienced management team and successfully executed a breakup strategy to optimism shareholder value. This resulted in a 2.5 times multiple on equity investment and an IRA of 144. Skins is a leading designer and marketer of premium compression sports apparel that provides improved performance and recovery for sports participants of all levels. The active sports apparel market is the fastest growing piece of the sporting goods market globally. During our involvement we worked closely with the management team to develop and grow Skins's strategic value. In April 2012 we facilitated a strategic alliance between Skins and Itochu, one of Japan's leading trading companies, which enabled Skins to buy back the share capital held by Equity Partners for over 30 million, delivering a 2.4 times multiple on equity investment and an IRA of 24. Immersive Technologies is the dominant provider of operator training simulators to the global mining industry. We provided capital to aid fund expansion of the company' product set as healthy as growth in international sales. During the period of our investment, we worked closely with the founders to refine the company's business model to focus more on recurring revenue streams, corporatism the business, aid with sourcing key board members and instill corporate governance superior practice. We provided expansion capital to the business earlier it was listed, to aid fund the organic growth of fresh assets management initiatives together with growth by acquisition. We worked closely with the Board and management, both before and after listing on the ASL, to grow the business's critical mass in terms of funds and advice and revenue streams. We provided expansion capital to promote growth of the company and to facilitate a partial transition of ownership. During the period of our investment, we worked closely with the founders and recruited a lofty caliber management team, diversified product funding sources, entered into a number of long term agreements with major strategic retail partners, diversified int