After the transaction is closed, the company's name and identity as an independently owned and managed firm will be preserved. Operating control will remain with the management and the company will operate in a "business as usual" approach. Every effort is made to preserve the existing corporate culture, which has been largely responsible for the company's historic success. For that reason, in many cases the customers. vendors, competitors employees and local community are frequently unaware that there has been any material change to the corporate structure. It is NewCastle's preference to maintain existing relationships with accountants, attorneys and advisors of each company.
NewCastle seeks to create long-term value with our operating partners by increasing the operating earnings of the business. This is accomplished by a combination of internal growth, complimentary corporate and product line acquisitions, and joint ventures. With economic interests squarely aligned with management, NewCastle representatives serve on the boards and participate in high-level decisions, while leaving the day-to-day initiatives to the operating management.
Financial Resources and Investment Horizons
NewCastle Partners LLC, utilizing its own private capital combined with a strong existing investor and financing network, has access to over $100 million for investment. Our investment structures are designed to provide flexibility for growing companies and resources for working capital, product line extensions, capital investment, and corporate acquisitions.
Realizing that value creation is a result of consistent progress over a period of years, NewCastle maintains a long-term investment horizon. This long-term view provides for the creation of significant corporate value; it provides enough time for both the implementation of management's strategic initiatives and the garnering fo the operational benefits derived thereof. As a private firm, NewCastle is willing to hold and build its economic position in attractive companies indefinitely.