Wingate Partners focuses on investments in US manufacturing, distribution and service companies. They invest across all industries except banking, insurance, real estate, media, natural resources and high technology. The firm seeks to acquire two kinds of businesses: (1) under-performing companies, including those with substandard operating performance that may be unprofitable or marginally profitable and (2) companies operating in industries in transition, including well-managed companies that have a record of solid operating performance but are operating in industries that are undergoing significant change as the result of industry consolidation, channel shifts, overcapacity or cycles.Wingate Partners targets companies that have significant market share. The firm looks for stand-alone companies with revenues of $50 million to $250 million, but they may also invest in significantly larger companies. The firm considers add-on acquisitions of companies of any size. They prefer to invest in profitable companies, but profitability is not required.Investments typically range from $25 million to $100 million. Wingate Partners will sponsor larger transactions by co-investing with their limited partners or other investor groups. Smaller transactions may be considered when the target company can be an add-on for an existing portfolio company.Control Wingate, together with any other sponsoring investors, must have a controlling interest in acquired companies.