Angus Stanley King, Jr.

Northeast Energy Management, Inc., a subsidiary of Exelon Corp., is an American company located in Brunswick, ME, involved in management consulting services. The firm was founded by Angus S. King. EUA Cogenex Corp. acquired Northeast Energy Management, Inc. on 28 Feb 94.

Wheelock Partners invests in manufacturing and service companies that are based in the New England area of the US. The firm is particularly interested in situations in which existing management teams are retiring. They look for companies that have been in existence for at least 5 years and have strong growth potential either organic or through acquisition. Companies should have annual revenues of $10 million to $30 million, stable and positive cash flows, proven profitability for the past three years, EBITDA margins of at least 15%, strong balance sheets with little or no long-term debt and relatively low annual capital expenditure requirements. Wheelock Partners does not invest in start-ups or turnarounds.Wheelock Partners looks for manufacturing and service companies with stable and sustainable products or services that are not subject to rapid obsolescence due to technology or regulatory change. They seek to invest in companies with a defensible market position, a diverse base of customers without significant customer concentration and a compelling strategic advantage behind domestic production/service delivery. The firm targets companies operating in relatively mature but growing, fragmented industries. There should be existing barriers to entry, fragmented suppliers and/or customers and limited cyclicality and seasonality.