Phil Bakes

Snapper Creek Equity Management, the private equity arm and a subsidiary of Woodbridge Holdings Corporation, is a Fort Lauderdale, FL-based investment management company whose strategy is to invest in and acquire middle-market operating businesses in diverse industries. Snapper Creek will typically invest through funds it organizes and manages which are open to investments by its parent and affiliated companies and by third party investors. Snapper Creek is an active manager and advisor to its investments. It concentrates on the lower-end of the middle market. Investments may range from service to manufacturing businesses, from asset rich enterprises to those with few tangible assets, but good potential cash flow. The industries in which Snapper Creek will invest are varied. Snapper Creek's management team has been involved in the following types of transactions: Mergers, Leveraged buyouts, Acquisitions, Partnerships, Divestitures, Recapital-izations, Taking public companies private and private companies public, Restructurings, and Venture capital.