Portfolio HPC III : Current Investments

(ASC) Specialty Vehicle


Business Description
Specialty Vehicle Acquisition Corporation consists of two divisions:

Open Air Division is one of the premier convertible system manufacturers in the United States with a strong book of business from leading OEMs such as Toyota, Mitsubishi and Chrysler.

ASC's Creative Services is one of the leading providers of automotive design services with relationships with major OEM's including Toyota, Hyundai and Suzuki and GM design facility adjacent to GM's Technical Center located in Warren MI.


www.ascglobal.com

Advent Aerospace, Inc.


Business Description
Advent Aerospace, formerly known as Yankee Pacific Aerospace, provides engineered products and services to aircraft OEMs, major subcontractors, modification centers and aircraft owners and operators in the corporate, commercial, and government aviation markets. Through divisions located in Florida, Texas and Oklahoma, the company designs, engineers, analyzes, manufactures, tests, certifies and supports proprietary components and systems for aircraft, including specialized interior products for Boeing and Airbus VIP aircraft and anti-skid braking systems for light turbine aircraft.

www.adventaerospace.com

American Furniture Company


Business Description
American Furniture Corporation ("AFC") is a leading retailer of furniture, bedding and other home products in the Southwest market of the United States. Based in Albuquerque, New Mexico, AFC operates nine retail locations in New Mexico and Arizona. The locations include seven traditional stores operating as American Home and two warehouse stores operating as American Warehouse Plus. AFC has large format stores with popular pricing and excellent merchandise selection. The company also excels in real estate development and has tremendous ability to source product both domestically and internationally.

www.americanhome.com

Barcalounger (Recliner Acquisition Corp.)


Business Description
Founded in 1896, Barcalounger is one of America's top 10 most recognized consumer home furnishing brands. A styling and comfort leader in the motion furniture category, Barcalounger is sold in stores throughout the US and Canada. The product portfolio appeals to a diverse demographic consumer audience with a range of lifestyle and design preferences positioned to serve the mid- to upper-price points of the reclining furniture market. The corporate headquarters are based in Morristown, Tennessee. The company has both domestic and international manufacturing with Barcalounger distribution centers located in North Carolina and California.

www.barcalounger.com

Charming Charlie


Business Description
Charming Charlie, headquartered in Houston, Texas, is a chain of "lifestyle center" and mall based, accessory specialty stores that sell an extensive selection of value-priced fashion jewelry, handbags, shoes, apparel and other accessories.

www.charmingcharlie.com

Crimson Well Services, Inc.


Business Description
Crimson provides a braod range of well services that extend from initial drilling through production, services which are fundamental to establishing and maintaining the flow of oil and gas throughout the well life cycle.

Project Time & Cost, Inc ("PT&C")


Business Description
Founded in 1982, PT&C is a leading provider of cost engineering and forensic consulting services. Headquartered in Atlanta, GA, PT&C provides an extensive array of cost estimating, scheduling, project management and risk assessment services for construction, environmental remediation and nuclear facility projects and forensic engineering services in connection with losses arising from damaged property. PT&C's client base primarily consists of federal agencies that are responsible for large, complex construction and environmental projects as well as insurance companies with significant commercial and residential property portfolios.

www.ptcinc.com

The Markets LLC (formerly Brown & Cole Stores)


Business Description
The Markets LLC (formerly Brown & Cole) is a strong, independent grocery chain established in 1909. The company is based in Bellingham, Washington and operates 20 stores within the state of Washington. The stores are operated under the following banners: Food Pavilion, Cost Cutter, Save on Foods and Everson Market. The stores are in superior locations in terms of: population growth, supermarket demand versus capacity and long-term profit potential. Additionally, the stores have an appealing assortment of fresh values and choices with expansive offerings that appeal to diverse markets with local and ethnic assortments and merchandising.

www.themarketswa.com