Stern Partners is a lead investor in a diverse range of operating companies. The companies in which we currently participate are engaged in business activities in a variety of industries, including apparel manufacturing and retailing, commercial printing, equipment distribution and servicing, home furnishings retailing, horticultural products manufacturing and distribution, newspaper publishing, packaging, paper manufacturing, real estate and technology. Our companies are operated and managed independently, generating annual revenues ranging from approximately $15 million to over $200 million, and collectively employ approximately 3,000 people.