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Principles
 
  Certain time-tested principles underlie every activity at United Fence Contractors. We strongly believe these principles enable us and the entities in which we invest to develop long-standing partnerships and to build significant enterprises that generate respect and admiration from all with whom they are associated.

Act with the highest integrity - Having grown from closely held businesses that have operated on average for more than 20 years each, we believe there is nothing more valuable than our reputation for treating others fairly and honestly and for developing a bond with the partners.

Challenge conventional wisdon - We understand that the best opportunities often require us to swim against the tide, search for potential in areas that are outside the mainstream or recognize value that others have overlooked. Such under-explored areas, when paired with a strong management team and a solid capital base, offer the greatest opportunity to create significant value and generate superior returns.

Maintain flexibility - Given the rapid pace at which businesses, technologies and the capital markets evolve, we believe building a small, talented team that can nimbly respond to ever-changing opportunities and challenges is the key to our success as a firm and that of the companies in which we invest.

Reward risk-taking and performance - We believe that those who help create value should share in the rewards. We are committed to investing in situations in which all of the stakeholders, including management, participate in the upside created by their contributions.
 
 
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