IVCA Welcomes Winona Capital Management as New Member

IVCA Welcomes Winona Capital Management as New Member

July 29, 2008

CHICAGO - “ The IVCA is pleased to welcome new member Winona Capital Management and its representatives:  Dan Kipp, Managing Director; Laird Koldyke, Managing Director; Luke Reese, Managing Director; Ian Jacobsen, Vice President; Jeff Vincent, Director; Jason Sowers, Associate; and Jason Starr, Associate.

Winona Capital Management provides acquisition and growth capital to outstanding companies in the lower middle market. The firm partners with high-energy, passionate executives who share their focus on sustained growth over longer-term investment horizons.

Winona seeks direct investments in consumer-driven companies characterized by innovative high-margin products or services with strong growth prospects in revenues and earnings.

Winona has a particular interest and experience in businesses focused on niche consumer goods and services; sports, recreation and leisure; specialty manufacturing and distribution; growth-oriented, multi-unit specialty food and retail; and training and education services.

The firm's focus is on companies with revenues of $5 million to $100 million and EBITDA in excess of $1 million. Winona seeks to commit $5 million to $15 million in equity capital per opportunity whether that investment can be made at the outset or committed over a five-year period.