MADISON INDUSTRIES, INC.
MADISON, FLORIDA

Honesty and transparency are absolutely essential to the way we do business. We work with management teams we believe in and don’t add arrogancy, complacency or bureaucracy to the mix. Our acquisitions are done the same way: We’ve never changed a price and always follow through with the exact terms we started with. In fact, numerous parties have done multiple deals with us over the years for one reason: trust. And this is the strongest endorsement one can receive. We also believe in the power of the team and how critical trust is in that relationship. We work as hard for the person on our left and the person on our right as we do for ourselves. Consequently, our teams operate at the highest level of engagement and are inspired by our mission and their leaders. Madison Industries is an operating company owned by us... the team that runs it. We are not publicly traded, so no quarterly earnings reports and are not private equity, so no artificial 3-5 year timelines; which means you can build your company for the long term. Our businesses are run locally by the entrepreneur who has the 'owner's mindset' and is closest to the customer, product and the team to best make the decisions. This is why we partner and not acquire: consequently, the name stays on the door and the management team remains in place. This incredible ecosystem of companies will remain a part of the Madison family long after we’re gone, ensuring that your mission continues. Unless you continually work, evolve and innovate, you will learn a quick and painful lesson from someone who has! Consequently, we lean forward and challenge the status quo. And if there is an opportunity for us to make the world safer, healthier or more productive, we move quickly. In fact, we close our acquisitions in less than 30 days, providing minimal disruption to your company. “We have sold two businesses to Madison. They are the type of buyer that a seller is proud to announce to all constituents. Madison was true to their word in every respect.” Mike Whitted, Vice President Business Development, SPX Corporation They not only did everything they said they would do, but they did it exactly when they said they would do it. In 20 years, I’ve never met a buyer that could close a deal within 15 business days... until now. Madison does not negotiate for ‘sport’ and this allows both parties to start with a reasonable position based on their true needs. The Madison team has provided the strategic direction and support that has positioned our company for years of sustainable growth. They are true to their word and a great partner in our business. What to expect working at Madison Industries A mission of positive change Madison Industries was founded to foster and build exceptional companies that help create a better world. SageRider Joins Madison Industries Oil & Gas technology and information services leader SageRider, Inc. has joined the Madison Energy vertical of Madison Industries. Founded in 2008, SageRider serves its customers from offices throughout the USA, Argentina, and Colombia. SageRider specializes in subsurface surveillance technology, complete with pressure/temperature sensor systems,...... Centek Group Joins Madison Industries Madison Industries has today partnered with the Centek Group. Centek Group will join its Madison Energy vertical. Founded in 2001, Centek Group specializes in the development of engineering solutions for the world’s toughest casing running environments. Centek’s focus has always been to reduce risk and...... Therma-Stor Partners with Madison Industries The team at Therma-Stor has joined Madison Industries to continue its bold mission of creating safer and healthier indoor air quality for all of us through its leading dehumidification products. Madison recently reached out to Therma-Stor and after learning about its culture, products, market position...... Madison Industries acquires ALS Oil & Gas ALS Limited has sold its multinational oil and gas business (“ALS Oil & Gas”) to Madison Industries (“Madison”) for $85 million. ALS Limited is a global testing, inspection and certification business. It has annual revenue of more than $1.2 billion and over 13,000 employees worldwide....... SKF has signed an agreement, subject to regulatory approvals, to divest Reelcraft, a manufacturer of hose, cord and cable reels for industrial applications, to Madison Industries. The total consideration of the divestment is USD 115 million on a cash-free and debt-free basis and the divestment...... VALPARAISO, IN – (Northwest Indiana Business Quarterly) – For Stewart McMillan, CEO of Task Force Tips, the Valparaiso-based, worldwide distributor of firefighting equipment, innovation is a profitable passion that inspires, saves lives, and provides an all-American way to do business and serve the community.... Honesty and transparency are absolutely essential to the way we do business. We work with management teams we believe in and don’t add arrogancy, complacency or bureaucracy to the mix. Our acquisitions are done the same way: We’ve never changed a price and always follow through with the exact terms we started with. In fact, numerous parties have done multiple deals with us over the years for one reason: trust. And this is the strongest endorsement one can receive. We also believe in the power of the team and how critical trust is in that relationship. We work as hard for the person on our left and the person on our right as we do for ourselves. Consequently, our teams operate at the highest level of engagement and are inspired by our mission and their leaders. Madison Industries is an operating company owned by us... the team that runs it. We are not publicly traded, so no quarterly earnings reports and are not private equity, so no artificial 3-5 year timelines; which means you can build your company for the long term. Our businesses are run locally by the entrepreneur who has the 'owner's mindset' and is closest to the customer, product and the team to best make the decisions. This is why we partner and not acquire: consequently, the name stays on the door and the management team remains in place. This incredible ecosystem of companies will remain a part of the Madison family long after we’re gone, ensuring that your mission continues.