
North
American has its own sizable pool of capital, which allows it to close
quickly on opportunities. It normally can do transactions with no financing
contingencies.

North
American has substantial expertise in completing transactions.

North
American is known for offering fair prices and is flexible and innovative
in both pricing and structuring. It can purchase for cash or in installments,
and it can acquire all of a company or only a major interest.

North
American assures access to sufficient equity post-acquisition to finance
growth plans. It does not siphon off cash flow needed for growth to
service debt.

North
American cares about management and employees. It believes in creative
compensation packages and meaningful equity ownership for key employees.

Management
and employees usually prefer North American to an industry buyer. North
American maintains independence of the business and uses it as a base
for growth, thus helping the local economy and creating jobs.

North
American will assume management succession risks. If the present manager
wishes to retire or remain with a selling parent corporation and has
no logical successor, North American will oversee the business while
bringing in a capable replacement.