In its short history, TAG Holding has established a strong track record of success and has grown to a critical size, enabling it to successfully compete in multiple industries and have access to capital for further growth. In 2002, TAG Holdings was established with the purchase of its first company with revenue of $59 million. It had a single product line, operated in the mid-west of the United States, served a single industry, and had just three customers. Today there are five TAG portfolio companies with annual revenue of approximately $575 million. These companies collectively have greater than ten product lines, operate globally, serve five industries, and have developed supply relationships with greater than 30 customers representing some of the world’s most recognized brands.
TAG Holdings has aspirations to continue its path of aggressive growth, leveraging its current products, customer relationships, industry participation, and regional expertise to identify new opportunities.
Here are some guidelines TAG Holdings uses to evaluate growth opportunities:
- Businesses with critical success factors similar to those of a core manufacturing company
- Manufacturing is what we currently know best, but we also seek diversification opportunities to best leverage our competency in lean manufacturing and related processes.
- Opportunity to further expand or diversify product offerings, customer base, industries, or geographic footprint, but preferably not all aspects at one time.
- Ability to leverage TAG relationship network
- Businesses positioned for ethnic minority ownership opportunities
- Businesses with core market or processes within the experience base of the TAG leadership team.
