Company Name
Acquisition Solutions, Inc.

Industry
Government Services

Company Headquarters
Roslyn, Virginia (near D.C.)

Investment Date
March 2008

Website
www.AcquisitionSolutions.com

Overview
Through its consulting and related services, Acquisition Solutions, Inc. (“ASI”) is an outsource provider of acquisition lifecycle services to a diverse cross-section of Federal clientele, including civilian, defense and homeland security agencies. ASI is considered a leader in its industry and is led by a world-class management team, including the CEO who was the former president of Electronic Data Systems (“EDS”) State & Local Government Solutions.

Top Down Investment Thesis
The dollar volume of Federal government purchases has grown by 63 percent over the past six years to approximately $425 billion (approximately 8.5 percent growth), the percentage of services purchased compared to products purchased has grown from approximately 20 percent of total purchases to approximately 60 percent, creating more complex acquisition demands. Meanwhile, the aging demographics of the federal acquisition workforce coupled with high turnover among government employees has created greater demand for outsource providers to manage increasingly complex acquisition functions.

Buy and Build Strategy
Having completed its recapitalization with Excellere in March 2008, ASI seeks acquisition opportunities that accelerate its geographic expansion and expands its key service offerings for its clients within two general categories:

• Smaller, Niche Service Providers – In each major region where the government has significant acquisition activity there are small, niche players offering a limited number of services in its specific geography.

• Divestitures – There is an excellent opportunity to acquire the divisions of larger, diversified companies that are compelled to divest their acquisition support business units to eliminate conflicts of interest.

To learn more about ASI, please call Ryan Heckman at (303) 765-2409, Patrick O’Keefe at (303) 765-2412, or Lindsay Lewellen at (303) 765-2413.

EXCELLERE PARTNERS

100 Fillmore Place, Suite 300 | Denver, CO 80206 | 303.765.2400 | 303.765.2411 Fax