We are in contact with several Private Equity Groups (PEG's) who are seriously pursuing acquisitions in Alberta that fit their criteria.

In broad terms, their acquisition parameters are as follows:

1. Business should be involved in Industrial Sales & Service, Product Distribution, and/or Manufacturing.

2. Must have management in place, or owners willing to remain with the company for a period of time.

3. Some PEG's will entertain a partnership with the current owners and will inject funds, and will provide outside expertise to expand and ensure future growth.

4. The usual requirement is that the business should be generating between $500,000 and $2,000,000 in EBIDA annually.