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Industrial Renaissance seeks financially troubled companies with sales of $50 million to $500 million, exhibiting the potential for business improvement, but which are under performing for such reasons as over leveraged balance sheets, lack of working capital, poor cost controls, absence of a management leader or team, macro-economic factors outside their control, economic downturns, and changes in the business cycle. We will acquire discounted bank debt, fixed income securities, and obligations of these financially stressed companies. We will influence, or work with other prominent institutions to influence, the financial restructuring of the company and re-constitution of its balance sheet. We are a solution for financial institutions' unproductive assets; and middle market companies needing capital and restructuring. Investment criteria: belief that the company, with the proper balance sheet and management, will be successful and an attractive company to own.
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