acquisition criteria   Sage River Partners acquires companies headquartered, or with significant operations or markets in New England.   While we focus on established companies with up to $3.0 million of net cash flows, we have an appetite for smaller businesses that possess unique strategic or financial characteristics. Established businesses with several years of profitable operating history Leadership position within the industry, target customer segment, or geographic market Stable product, not subject to rapid obsolescence or offshore commoditization risk Diverse customer base with high rates of retention Sage River pursues change-of-control investments, cashing out (entirely or in part) existing owner-operators or corporate owners. We seek to operate a company with New England-based operations or markets While growth is attractive, Sage River prefers stable and consistent sales and earnings to situations with rapid growth, but volatile or less predictable earnings. Copyright 2004 Sage River Partners, LLC. All rights reserved.