Lee Broad

Fidelity Management & Research Co. (FMR) is a SEC-registered investment advisor headquartered in Boston, Massachusetts. The firm was founded in 1946 and is a subsidiary of FMR LLC, also known as Fidelity Investments. FMR provides investment supervisory services, which include sub-advisory services, to Fidelity's family of mutual funds and exchange-traded funds, qualified tuition programs, privately offered unregistered investment funds, separately managed account clients, and various other institutional accounts.

Teledyne LeCroy, Inc. provides oscilloscopes and protocol analyzers. Its products include oscilloscopes, protocol analysers, waveform generators, logic analyzers, optical modulation analyzer, and signal integrity studio. The company was founded by Walter LeCroy in 1964 and is headquartered in Chestnut Ridge, NY.

ValueAct Capital Management LP (ValueAct Capital) is a registered investment advisor and hedge fund manager headquartered in San Francisco, California. The firm was founded in 2000 by Jeffrey Ubben, Peter Kamin and George Hamel. They are a subsidiary of ValueAct Holdings II LP, which is owned by Affiliated Managers Group, Inc. (NYSE: AMG). ValueAct Capital provides discretionary investment advice and management services to private investment funds and certain other investment vehicles (that include, but are not limited to, separately managed accounts and special purpose vehicles).

Headquartered in New York City, Monarch Capital Group LLC is a full-service, investment-banking firm specializing in identifying small- and micro-cap investment opportunities with substantial growth potential. The firm provides a full array of trading and execution services for their clients. They do not provide any internal research. Monarch is a member of the NASD and the SIPC.

Part of Lewis Asset Management Corp., Lewis Opportunity Fund LP acts as a private equity fund. The company is based in New York, NY.

ValueAct Capital Management LLC engages in the provision of financial and investment services. The company was founded on April 28, 2005 and is headquartered in San Francisco, CA.

Founded in 2002 by Hunter Thompson and William Davis, Thompson Davis & Co. (TD & Co.) is an independent investment research firm and broker/dealer located in Richmond, Virginia with an additional office in Winston-Salem, North Carolina. The firm is a member of FINRA and the SIPC. TD & Co. provides unbiased, original research and services to institutional and retail investors. They do not perform research on companies for investment banking opportunities. TD & Co. also offers a full-range of financial services ranging from financial planning and private money management to corporate and municipal bonds. TD & Co.'s research team employs a focused methodology. They seek to identified, under followed, undervalued growth companies. The firm uses computer screens that look for companies with sequential revenue and earnings growth and strong balance sheets that are selling at a discount to their growth rates. Specifically, TD& Co. looks for companies with several characteristics: (1) 20% + revenue and earnings growth (2) sequential revenue and earnings growth, i.e., quarter over quarter improvement in both the top and bottom line (3) top management is buying the company's stock in the open market with their own money (4) significant management ownership of the stock (5) strong balance sheets with little or no debt or manageable declining debt, strong cash position or debt reduction efforts (6) operating in a growing market sector (no deep cyclicals or natural resource sectors) (7) gross margin expansion and market share gains and (8) selling at a discount to the company growth rate, allowing for p/e expansion toward growth rate.

Achilles Group Ltd. provides supplier data management and validation services. It creates and manages a global network of collaborative industry communities, allowing trading partners to share high quality, structured, and real-time data. The company was founded on April 5, 2000 and is headquartered in Abingdon, the United Kingdom.

Kerridge Commercial Systems (KBE) Ltd. provides supply chain software. Its products include Strategix, SmartPoint and OneOffice3000. The company was founded in 1991 and is headquartered in Bourne End, the United Kingdom.

Mincron Software Systems Corp. develops warehouse and distribution management software. Its products include SmartWare for the plumbing, HVAC/R, waterworks, PVF, irrigation and roofing, and K8 for building and lumber, electrical and flooring industries, automotive aftermarket, and other distribution related businesses. The firm offers system audits and consulting, education and training, application development, support, implementation consulting, business hosting and technical services. The company was founded in 1979 and is headquartered in Houston, TX.

Lakeview Computers Group Ltd. provides ERP and accounting software solutions. Its services include consultancy, implementation, customization and engineering services. The firm serves in the area of food, beverage, wholesale and distribution industries. The company was founded in 1986 and is headquartered in Dartford, the United Kingdom.

Association for Corporate Growth, Inc. is a global organization founded in 1954 by Kenneth S. Berryman and David H. Brenner. The non-profit company is based in Chicago, IL and has subsidiaries in the United Kingdom, Netherlands, Canada, and the United States. The company's mission is to drive middle-market growth and it serves 90,000 investors, executives, lenders, and advisers to growing middle-market companies. The company's core focus is on middle-market M&A, with more than 25 years of sell-side and buy-side advisory experience, closing more than 200 transactions with a combined value of more than $1 billion. The company also publishes Middle Market Growth, the official publication of the Association for Corporate Growth, which includes a print magazine, website, weekly e-newsletter, and daily newsfeed. The CEO of the company since 2019 is Brent A. Baxter.

Keystone Cement Co. engages in the manufacture and commercialization of construction products. It specializes in Portland and masonry cements used in the construction of highways, bridges, and buildings. The company was founded in 1928 and is headquartered in Bath, PA.

RBC Wealth Management (RBCWM) is wealth management division of RBC Capital Markets Equity Research, which is ultimately owned by Royal Bank of Canada (NYSE; TSE: RY). Formerly known as RBC Dain Rauscher, Inc., the firm was founded in 2001 and is headquartered in Minneapolis, Minnesota. RBCWM provides trusted advice and wealth management solutions to individuals, families and institutions.

Dancik International Ltd. develops integrated software solutions. It offers navigator and K8 products. It also provides education & training, application development, technical, support, implementation consulting and business hosting services. The company was founded by Mitchell Dancik in 1981 and is headquartered in Cary, NC.

Kerridge Commercial Systems Ltd. engages in the provision of software solutions. It offers cloud computing, sales order processing, quotation software, business forecasting, hire software, business intelligence, document management, work order software, system administration, and other software solutions. The company was founded in 1976 and is headquartered in Hungerford, the United Kingdom.

Kerridge Commercial Systems (Bidco) Ltd. is a British company that provides a range of services including Infrastructure-as-a-Service (IaaS), Software as a Service (SaaS), hosting, data storage, hardware procurement, and voice and data networks. The private company was founded in 2014 and is based in Hungerford, UK. The company's stock control software allows businesses to have full control of their inventory in a reliable setting. The company offers advanced, fully integrated ERP business management systems to trade, wholesale, manufacturing, field service and distribution customers. Kerridge Commercial Systems also provides specialist software, services and support to deliver fully integrated trading and business management solutions to companies in the distributive trades. OnePlace is a Product Information Management (PIM) and B2B trading platform for merchants and suppliers with NMBS membership. Sourcing the right product at the right cost is key to achieving margins, sales and service along the whole supply chain management system.

Origin Software Solutions Ltd. provides e-commerce solutions for the automotive aftermarket. It offers data analysis, regional sales and content management platforms. The company was founded on June 24, 2013 and is headquartered in Bristol, the United Kingdom.

MAM (UK) Ltd. is a British company that provides wholesale trade services. The private company is based in Teddington, UK. The company was founded in 1989.

Eagle Bidco 2018 Ltd. operates as an investment holding company. The company is headquartered in Hungerford, the United Kingdom.

Kerridge Commercial Systems Nederland BV provides information technology solutions and services. It offers enterprise resource planning software for retail, manufacturing, and e-commerce corporate solutions. The firm''s services include consultancy, support, business continuity. K-cloud, training, and eLearning. The company is headquartered in Sliedrecht, the Netherlands.

Safe Bus, Inc. provides GPS hardware and fleet management software to school systems. The firm also offers smartphone app for parents and students using school transportation to alert them to the bus arrival time. The company was founded by Ward E. Leber and is headquartered in Jersey City, NJ.

Kerridge Commercial Systems Group Ltd. engages in the provision of investment services. The company was founded on December 12, 2014 and is headquartered in Hungerford, the United Kingdom.

Founded in 2015, Kerridge Commercial Systems (Midco) Ltd. is a British software development company that develops information technology software applications. Part of Kerridge Commercial Systems Group Ltd., the company is based in Hungerford, UK.

MAM Software, Inc. develops business management software for the automotive aftermarket. Its products include auto part, vast enterprise, vast retread, autocat +, openwebs, warehouse management software. The company was founded in 1984 and is headquartered in Allentown, PA.

Skylark UK Bidco Ltd. is an investment holding private company founded in 2023. The company is based in London, UK.