I was born and raised in Charlotte, North Carolina, before moving to Melbourne, Australia in 2008 to pursue my MBA. I have spent my career in the Asia Pacific region since then and am now building Beech Partners, an independent sponsor focused on acquiring controlling interests in established small businesses across Australia and New Zealand. Beech was formed to invest in profitable founder led businesses where succession, ownership transition or growth creates an opportunity for long term value creation. While we are a young firm, our team brings extensive experience across investment management, institutional finance and business development in Australia and across the broader Asia Pacific region. Our current pipeline spans healthcare services, quarrying and earthmoving, specialist equipment rental, and regional retail and manufacturing. We generally focus on established businesses generating approximately A$1.5 million to A$5 million of EBITDA, with durable customer demand, attractive cash generation and opportunities for long term value creation. One opportunity in particular has recently progressed significantly. Beech has been shortlisted to acquire an NSW based disability and complex care services provider that generated FY2026 revenue of approximately A$22.9 million and normalised EBITDA of A$3.1 million. We have submitted an A$12 million offer, with the transaction currently expected to be funded through approximately A$6.5 million of senior acquisition debt and A$5.5 million of external equity. The company provides essential, predominantly government funded care, with a significant focus on complex and high intensity participants. Based on our diligence to date, we believe the business is well positioned within Australia's evolving disability services environment. I am particularly interested in connecting with Searchfunder members, family offices and private investors who invest alongside independent sponsors and are open to opportunities outside the United States. More broadly, I would also welcome connecting with other searchers and independent sponsors interested in Australia and New Zealand. The acquisition financing and lower middle market ecosystem here is somewhat different from the United States, so I would be very happy to exchange perspectives and experiences. If the current healthcare opportunity, or Australian and New Zealand lower middle market acquisitions more generally, is of interest, please feel free to reach out directly. Henry Herring Co Founder and Managing Director Beech Partners