We support the Growth and Development of companies together with great management teams.

Introductory Presentation

PRIVATE & CONFIDENTIAL

AGENDA

I. History

II. The Team

III. Investment Focus

IV. Investments

V. Previous Investments

Appendix

• Media Coverage• Team Profiles

Focused on

Adding Value by

working in

partnership with

management…

History www.broadlakecapital.com

Established by Pete Smyth in 2009

• Private Equity - Allen McGuire & Partners

• Investment Banking - Lehman Brothers

• Industry - Noonan Services Group

• Private Equity - Broadlake Capital

Noonan Services Group exit - Q3 2008

Actively seeking to put capital to work

Our Team www.broadlakecapital.com

Eamon Allen

Kevin MacSweeny Tom SmythDonal Garrihy

Pete Smyth

Anthony Gahan

Strong Operational

Focus…

Experienced Acquirers

& Integrators of

businesses…

Investment TypeInvestment Focus www.broadlakecapital.com

Majority shareholding preference

Minorities considered with the right partners

Equity investments up to €20m

Investment types

• Buyout

• Growth Capital

• Special Situations

Geographic Focus – UK and Ireland

Investment

Type

Sector

Focus

The

Difference

The

Strategy

Sector FocusInvestment Focus www.broadlakecapital.com

Services Specific Generalist

Support Services:

• Soft Services

• Hard Services

Business Services:

• Business Process Outsourcing

• Environmental /Energy /H&S

• Temporary staffing /recruitment

• Education & Training

• Niche Manufacturing

• Engineering

• Print & Packaging

• Food & Beverage

• Media & PublishingSector

Focus

The

Difference

The

Strategy

Investment

Type

Will consider transactions in all sectors – sector specific

expertise in the following areas:

Sector FocusInvestment Focus www.broadlakecapital.com

Sector

Focus

The

Difference

The

Strategy

Investment

Type

The Broadlake Investment Team has extensive operational

expertise in the following sectors:

Support Services

Business Services

Specialist Manufacturing

Consumer Goods/Food

Print/Packaging

Financial Services

The DifferenceInvestment Focus www.broadlakecapital.com

‘Dry Powder’ – Cash not commitments

Team solely focused on acquisitions - no portfolio distractions

Investors with extensive operational expertise

Value creation from operational growth & improvements

- not pure leverage

Speed of execution – flat decision making process

Flexible exit timeframe – no fund restrictions

The

Difference

Sector

Focus

The

Strategy

Investment

Type

The StrategyInvestment Focus www.broadlakecapital.com

Strong alignment of interests with management

Active investors – supporting (not managing) companies

Buy and Build expertise

Leverage extensive Broadlake network

Focused strategy development & execution

The

Strategy

The

Difference

Sector

Focus

Investment

Type

Adding Value –

By working in

partnership with

the Wild About

Water Team…

Investments - CurrentInvestments www.broadlakecapital.com

Wild About Water

Commenced as Greenfield Start-up 2003

Growth organically and through acquisition (6 companies)

Entered UK Market

Diversified Service Offering

Developed Management Team

Currently No. 2 in Irish Market

Business continues to Grow and Develop

Ongoing Implementation of long term strategy

A team with hands-

on experience of

successfully

implementing

growth strategies...

Investments – Former Investments www.broadlakecapital.com

Noonan Services Group

Established 1977

Pete Smyth assumed leadership 2003

Successful Exit September 2008

Key Developments (2003 – 2008)

Doubled turnover (to c€120m) & profitability

Combination of strong organic and acquisitive growth

Further developed strong management team

Entered UK market & expanded service offering

Repositioned business (multiservice provider)

Retained Group’s strong culture & reputation

Pete Smyth – Chief Executive

Pete commenced his career in Private Equity

working with Allen McGuire & Partners, a leading

Irish Investment Firm which focused on mid market

investments in Western Europe. Pete moved from

Allen McGuire to Lehman Brothers Europe where

he worked in their Investment Banking division until

he returned to Ireland in 2003.

A graduate of University College Dublin, Pete joined

one of Ireland largest Support Services Companies,

Noonan Services Group in 2003. Pete was

appointed Group Chief Executive in 2004 and

managed the Group through a period of significant

organic and acquisitive expansion.

In September 2008 Pete managed the successful

sale of the Group to a UK Private Equity company.

Pete holds a BA in Pure Economics from University

College Dublin and a Masters in International

Business from the UCD Graduate School of

Business.

Tom commenced his career in L’Oréal’s Global

Management Trainee programme in London where he

gained valuable retail, manufacturing & consumer goods

industry experience. Tom moved from L’Oréal to work as

a Business Development Manager for the SThree Group,

the FTSE listed specialist recruitment firm. Following the

Group’s IPO in 2005, Tom left to complete an MBA in

Oxford University (Säid Business School). Upon

graduating in December 2006, Tom joined Macquarie

Capital Partners (now M3 Capital Partners), an

investment banking/private equity firm which specialises

in corporate finance advisory, capital raising and

managing a $2bn global real estate private equity fund.

In January 2010 Tom returned to Dublin to join Broadlake

Capital to oversee the Corporate Development activities.

To date, Tom has worked on over €10bn of M&A, private

equity principal investment and capital raising deals

across Europe, the US and Asia.

Tom holds a BArch in Architecture from Trinity

College Dublin and an MBA from Oxford University

(Exeter College).

Tom Smyth – Corporate Development Director

Donal Garrihy – Investment Director

Donal was one of the founders of Wild About Water in

2003. Having established Wild About Water as a

greenfield venture in 2003 he has grown the business

significantly through a combination of both bolt-on

acquisitions and strong organic growth in recent years.

Today Wild about Water in one of the leading POU

companies in Ireland and has established a growing

presence in the United Kingdom.

Donal was previously the Director of Sales and Marketing

EMEA for Oasis, which was the world’s largest

watercooler manufacturer. Donal spent nine years with

Oasis developing their market position across Europe, the

Middle East and Asia. Donal joined Broadlake Capital as

an Investment Director in 2009.

Donal works closely with portfolio companies assisting

them with the implementation of their business plans.

Donal holds a BComm from University College Dublin.

Kevin MacSweeny – Investment Executive

Kevin started out his career as Corporate

Development Executive with Noonan Services Group

in 2006. Reporting Directly into the Group CEO Pete

Smyth his role encompassed the sourcing, appraisal

and execution of acquisitions across Ireland and the

United Kingdom.

Following the sale of Noonan Services Group in

September 2008 Kevin was seconded to Wild About

Water to assist with the execution of a number of key

acquisitions. Having completed two of these bolt on

acquisitions in early 2009 Kevin joined Broadlake

Capital as an Investment Executive.

Kevin works closely with the Firm’s Chief Executive in

the areas of investment origination and appraisal. He

holds a BA in Economics and Psychology from

University College Cork and a Masters in

Management Consultancy from the UCD Graduate

School of Business.

Eamon Allen – Advisory Board Member

Eamon has over 30 years experience in the Private Equity and

Investment Banking Sectors. Eamon’s career commenced with

ICC Bank where he was responsible for corporate lending

between 1977 - 1983.

Eamon joined Bankers trust in 1983 and spent the next six

years in a variety of roles in its London and New York offices.

Eamon returned to Ireland in 1989 to establish Allen McGuire &

Partners, a Mid Market Private Equity Firm which made sixteen

investments worth a total of $500m over a fifteen year period.

The company invested in a combination of private and

public to private acquisitions in a variety of industry sectors

across Western Europe.

The Firm was focused on acquiring companies

with strong brands and market positions

followed by working closely with

management teams to implement operational

improvements and growth strategies.

Anthony Gahan - Advisory Board Member

Anthony has over 20 years experience in the Investment

Banking Sector. Anthony is one of the founding members

of Wyvern Partners, a boutique London based corporate

finance advisory firm. Anthony previously held senior

positions at Lehman Brothers and Flemings.

At Lehman Brothers Anthony was responsible for

coverage of the European Industrial Sector, while at

Flemings his role encompassed global coverage with

substantial exposure to Asia, Latin America and the

Middle East. Prior to joining Flemings, Anthony worked at

Charterhouse and NatWest.

He has advised on most types of public and private

transactions including leveraged transactions and

financings. Anthony is fluent in Spanish, French and

Portuguese.

“Mid-market

Corporate Finance

Deal of the Year”

Deal of the YearAppendix www.broadlakecapital.com

“Funding Facility

Deal of the Year”

Deal of the YearAppendix www.broadlakecapital.com

Noonan Services Deal AnnouncedAppendix www.broadlakecapital.com