34 | | August 28, 2017 www.buyoutsnews.com MARKET INTELLIGENCE

The following charts reflect transactions involving U.S.-based financial sponsors. The categories include seeking buyers, announced deals, closed transactions. The source for the data is Thomson One, a product of Thomson Markets. Please contact Paul Centopani at [email protected] with questions or comments. DEAL FLOW Seeking Buyers–U.S. Targets (July 26, 2017 - August 14, 2017) CONSUMER PRODUCTS AND SERVICES

Date Target Name Target City Target State Target Full Business Description Target Advisors Synopsis Announced

08/11/17 Brambles Ltd-N - Michigan The North American Recycled - US - In August 2017, Brambles Ltd, a Sydney, Amer Recycled Whitewood Pallet Business of Brambles New South Wales-based provider of pallet Ltd, located in Michigan. It includes and container pooling services, announced 80 plants and TPM (total pallet that it was seeking a buyer for its North management) sites which currently American Recycled Whitewood Pallet service its recycled pallet operations. Business. REAL ESTATE Date Target Name Target City Target State Target Full Business Description Target Advisors Synopsis Announced

08/04/17 Chesterfield Chesterfield Missouri Chesterfield Mall, located in Chesterfield, - US - In August 2017, C-III Asset Management Missouri, is a shopping center. LLC announced that it was seeking a buyer for its Chesterfield Mall unit, a Chesterfield- based lessor of nonresidential buildings. RECENT DEALS Announced, Pending LBOs By U.S. Sponsors (July 26, 2017 - August 14, 2017) CONSUMER PRODUCTS AND SERVICES Rank Date Target Name Target Short Acquiror Full Name Acquiror Ranking Value Synopsis Business Ultimate inc. Net Debt of Description Parent Target ($Mil)

08/11/17 Mayors Jewelers Mnfr and Aurum Holdings Ltd Apollo - US - Aurum Holdings Ltd of the UK, a unit of Apollo Global Inc wholesale Global Management LLC, planned to acquire Mayors Jewelers Inc, a Sunrise- jewelry Management based manufacturer of jewelry, from Birks & Mayors Inc. LLC

08/02/17 Ten-X LLC All Other Investor Group Investor - US - An investor group, lead by Thomas H Lee Partners LP, a unit Professional, Group of Thomas H Lee Co, definitively agreed to acquire an undisclosed Scientific, majority interest in Ten-X LLC, an Irvine-based provider of and Technical professional services. Terms were not disclosed but, according to Services people familiar with the transaction, the deal was valued at an estimated USD 1 bil.

08/10/17 Safe Fuel Research and B&E Group-MRO Morgenthaler - US - B&E Group-MRO business unit, a unit of B&E Group LLC, Systems Inc Development business unit planned to acquire the remaining stake, which it did not already own, in The in Safe Fuel Systems Inc, a Hialeah-based provider of research and Physical, development services. Engineering and Lifesciences (Except Biotechnology)

08/02/17 MDSL Office Sumeru Equity Sumeru - Flash: UK - Sumeru Equity Partners Inc of the US planned to International Ltd Administrative Partners Inc Equity acquire the remaining stake, which it did not already own, in MDSL Services Partners Inc International Ltd, provider of office administrative services, from CROS NT Ltd, ultimately owned by CROS NT LLC, in a leveraged transaction. www.buyoutsnews.com August 28, 2017 | BUYOUTS | 35 MARKET INTELLIGENCE

CONSUMER PRODUCTS AND SERVICES Rank Date Target Name Target Short Acquiror Full Name Acquiror Ranking Value Synopsis Business Ultimate inc. Net Debt of Description Parent Target ($Mil)

08/04/17 GMO Renewable Pvd forest The Rohatyn Group TRG - US - The Rohatyn Group Management LP definitively agreed to acquire Resources LLC invest mgmt Management LP Management GMO Renewable Resources LLC, a Boston-based provider of administrative svcs LP management and general management consulting services, from Grantham Mayo Van Otterloo & Co LLC, in a transaction. Terms were not disclosed. CONSUMER STAPLES Rank Date Target Name Target Short Acquiror Full Name Acquiror Ranking Value Synopsis Business Ultimate inc. Net Debt of Description Parent Target ($Mil)

08/01/17 Novel Ingredient Dried and Innophos Holdings Bain Capital 125.000 US - Innophos Holdings Inc, a unit of Bain Capital LLC, definitively agreed Solutions LLC Dehydrated Inc LP to acquire the entire share capital of Novel Ingredient Solutions LLC, a Food West Caldwell-based manufacturer of dried and dehydrated foods, from Manufacturing GenNx360 Capital Partners LLC, for a total USD 125 mil, in a reverse takeover transaction.

08/14/17 pH Beauty Labs Mnfr beauty Yellow Wood Yellow Wood - US - Yellow Wood Partners LLC planned to acquire pH Beauty Labs Inc, a Los Inc prod Partners LLC Partners LLC Angeles-based manufacturer of detergents, from Champion Capital Partners, in a leveraged buyout transaction. FINANCIALS Rank Date Target Name Target Short Acquiror Full Name Acquiror Ranking Value Synopsis Business Ultimate inc. Net Debt of Description Parent Target ($Mil)

08/09/17 Ocean Dial Asset Investment Avendus Capital KKR & Co LP - UK - Avendus Capital Pvt Ltd (Avendus Capital) of , a unit of KKR Asian Management Ltd Advice Pvt Ltd Fund II LP, agreed to acquire Ocean Dial Asset Management Ltd (Ocean Dial Asset), a -based investment advisor. The terms of the transaction were not disclosed, but according to sources close to the transaction, the value was estimated at GBP 426.158 mil (USD 550 mil). Originally, In June 2017 Avendus Capital was rumored to be planning to acquire Ocean Dial Asset.

08/02/17 Cuso Financial Securities Atria Wealth Lee Equity - US - Atria Wealth Solutions Inc, a unit of Lee Equity Partners LLC, agreed to Services LP brokerage firm Solutions Inc Partners LLC acquire the entire share capital of Cuso Financial Services LP, a San Diego- based investment bank.

07/27/17 Edgewood Provides Oak Hill Capital Oak Hill - US - Oak Hill Capital Partners LP agreed to acquire an undisclosed majority Partners Partners LP Capital interest in Edgewood Partners Insurance Center, a -based Insurance Center brokerage Partners LP direct property and casualty insurance carrier, from The Carlyle Group LP, in a services leveraged buyout transaction. HEALTHCARE Rank Date Target Name Target Short Acquiror Full Name Acquiror Ranking Value Synopsis Business Ultimate inc. Net Debt of Description Parent Target ($Mil)

08/09/17 Davis Vision Inc Offices Of Centerbridge Centerbridge - US - Centerbridge Partners LP definitively agreed to acquire Davis Vision Inc, Physicians Partners LP Partners LP a Plainview-based owner and operator of vision care company, from HVHC (Except Inc, ultimately owned by Highmark Inc, in a leveraged buyout transaction. Mental Health Concurrently, Centerbridge planned to acquire an undisclosed minority stake Specialists) in Visionworks Inc.

08/08/17 Covenant Own,op Kohlberg Kravis KKR & Co LP - US - Kohlberg Kravis Roberts & Co LP, a unit of KKR & Co LP, planned to Surgical Partners ambulatory Roberts & Co LP acquire Covenant Surgical Partners Inc, a Nashville-based owner and Inc centers operator of ambulatory surgery center, from DFW Capital Partners LP, in a leveraged buyout transaction. Terms were not disclosed.

08/08/17 American Ambulance Air Medical Group KKR & Co LP 2400.000 US - Air Medical Group Holdings Inc, a unit of KKR & Co LP, definitively Medical Services Holdings Inc agreed to merge with American Medical Response Inc, a Greenwood Village- Response Inc based provider of ambulance services, from Envision Healthcare Corp, for USD 2.4 bil in cash.

08/11/17 Perrigo API Ltd Pharmaceutical SK Capital Partners SK Capital 110.000 ISRAEL - SK Capital Partners LP of the US planned to acquire Perrigo API Ltd, a Preparation LP Partners LP Bnei Brak-based manufacturer of pharmaceutical preparation, from Perrigo Co Manufacturing PLC, for a total ILS 394.373 mil (USD 110 mil), in a leveraged buyout transaction. 36 | BUYOUTS | August 28, 2017 www.buyoutsnews.com MARKET INTELLIGENCE

HIGH TECHNOLOGY Rank Date Target Name Target Short Acquiror Full Name Acquiror Ranking Value Synopsis Business Ultimate inc. Net Debt of Description Parent Target ($Mil)

08/03/17 BackOffice Pvd data mgmt Bridge Growth Bridge - US - Bridge Growth Partners LLC definitively agreed to acquire Associates LLC solution svcs Partners LLC Growth an undisclosed majority interest in BackOffice Associates LLC, a Partners LLC Hyannis-based provider of data processing and hosting services, in a leveraged buyout transaction. Terms were not disclosed.

07/26/17 Corsair Mnfr,whl EagleTree Capital LP EagleTree 525.000 US - EagleTree Capital LP definitively agreed to acquire an undisclosed Components Inc computer Capital LP majority interest in Corsair Components Inc (Corsair Components), a peripherals Fremont-based manufacturer and wholesaler of computer peripherals, from Francisco Partners LP (Francisco Partners) and undisclosed shareholders, for USD 525 mil in cash, in a secondary buyout transaction. Originally, Francisco Partners acquired an undisclosed majority interest in Corsair Components, in a leveraged buyout transaction.

08/14/17 Exact Group Software Investor Group Investor - FRANCE - An investor group, comprised of Apax Partners LP, a unit of BV-Specialized Publishers Group Apax Partners LLP and ECi Software Solutions Inc agreed to acquire Solutions specialized solutions division of Exact Group BV, a Delft-based Division software publisher, owned by Exact Holding NV.

08/04/17 Frontline Computer Thoma Bravo LLC Thoma Bravo - US - Thoma Bravo LLC planned to acquire Frontline Technologies Technologies Systems LLC Group LLC, a Malvern-based provider of computer systems design Group LLC Design services, in a leveraged buyout transaction. Services

08/02/17 Symantec The Website DigiCert Inc Thoma Bravo 950.000 US - DigiCert Inc (DigiCert), a unit of Thoma Bravo LLC, definitively agreed Corp-Website Certification LLC to acquire the Website Certification Business of Symantec Corp (Symantec), Certification Business of a Mountain View-based developer of security and system management Business Symantec software, for an estimated USD 950 mil in cash. The consideration was to consist of USD 950 mil in cash and the issuance of an undisclosed amount in DigiCert common shares. Originally, in July 2017, Symantec was rumored to be seeking a buyer for its Website Certification Business.

08/03/17 McKesson Computer Allscripts Healthcare Vista Equity 185.000 US - Allscripts Healthcare Solutions Inc, a unit of Misys PLC, agreed Corp-Enterprise Facilities Solutions Inc Partners LLC to acquire enterprise information solutions of McKesson Corp, a San Information Management Francisco-based drugs merchant wholesaler, for a total USD 185 mil. Solutions Services INDUSTRIALS Rank Date Target Name Target Short Acquiror Full Name Acquiror Ranking Value Synopsis Business Ultimate inc. Net Debt of Description Parent Target ($Mil)

07/31/17 CDI Corp Pvd AE Industrial AE Industrial 162.518 US - AE Industrial Partners LLC definitively agreed to acquire the professional Partners LLC Partners LLC entire share capital of CDI Corp, a Philadelphia-based provider of staffing svcs engineering services, for USD 8.25 in cash per share, or a total of USD 155.044 mil in cash, in a leveraged buyout transaction.

08/08/17 Cyalume Mnfr infrared Arsenal Capital Arsenal 70.362 US - Arsenal Capital Partners LP agreed to acquire the entire share Technologies prod Partners LP Capital capital of Cyalume Technologies HoldingsInc, a West Springfield- Holdings Inc Partners LP based manufacturer of electric lamp bulbs and parts, for an estimated USD 45 mil in cash, in a leveraged buyout transaction.

08/01/17 TriMark USA Inc Electric Centerbridge Centerbridge - US - Centerbridge Partners LP definitively agreed to acquire TriMark Housewares Partners LP Partners LP USA Inc (Trimark), a South Attleboro- based manufacturer of and electric housewares, from Warburg Pincus LLC, in a tertiary buyout Household Fan transaction. Previously, Warburg Pincus LLC acquired Trimark. Manufacturing Originally, Audax Group LP acquired Trimark.

07/31/17 Oy Taxia Ab Taxi Service Cabonline Group AB HIG Capital - FINLAND - Cabonline Group AB of Sweden, a unit of Ixat Holding LLC AB, agreed to acquire Oy Taxia Ab, a Helsinki-based provider of taxi services. The transaction was to include Inva-Taksi Oy.

07/27/17 LS Mtron Co Industrial and Kohlberg Kravis KKR & Co LP - SOUTH KOREA - Kohlberg Kravis Roberts & Co LP of the US, a unit of KKR Ltd-Copper Commercial Roberts & Co LP & Co LP, planned to acquire copper foil & flexible copper clad laminate Foil&Flexible Fan and business of LS Mtron Co Ltd, an Anyang-based manufacturer of industrial Copper Clad Blower machinery and electronic components, ultimately owned by LS Corp, in Laminate Manufacturing a leveraged buyout transaction. Concurrently, KKR agreed to acquire LS Business Automotive business of LS Mtron Co Ltd. The above two transactions were to have a combined value of KRW 1.05 tril (USD 945 mil). www.buyoutsnews.com August 28, 2017 | BUYOUTS | 37 MARKET INTELLIGENCE

INDUSTRIALS Rank Date Target Name Target Short Acquiror Full Name Acquiror Ranking Value Synopsis Business Ultimate inc. Net Debt of Description Parent Target ($Mil)

07/27/17 LS Mtron Co Ltd- Other Motor Kohlberg Kravis KKR & Co LP 945.000 SOUTH KOREA - Kohlberg Kravis Roberts & Co LP of the US (KKR), a unit LS Automotive Vehicle Roberts & Co LP of KKR & Co LP, agreed to acquire LS Automotive business of LS Mtron Business Electrical and Co Ltd, an Anyang-based manufacturer of industrial machinery and Electronic electronic components, ultimately owned by LS Corp, to form a joint Equipment venture based on assets contributed by LS Mtron. KKR was to contribute Manufacturing in cash. Concurrently, KKR planned to acquire copper foil & flexible copper clad laminate business of LS Mtron. The above two transactions were to have a combined value of KRW 1.05 tril (USD 945 mil).

08/14/17 Transplace Inc Pvd logistics TPG Capital LP TPG Capital - US - TPG Capital LP definitively agreed to acquire Transplace Inc management LP (Transplace), a Frisco-based provider of freight transportation svcs arrangement services, from Greenbriar Equity Group LLC (Greenbriar), in a secondary buyout transaction. Terms were not disclosed, but according to people familiar with the matter, the deal was valued at an estimated USD 1 bil. Originally, Greenbriar acquired Transplace. MATERIALS Rank Date Target Name Target Short Acquiror Full Name Acquiror Ranking Value Synopsis Business Ultimate inc. Net Debt of Description Parent Target ($Mil)

08/07/17 URSA Insulation Manufactures Xella International Lone Star - SPAIN - Xella International GmbH of Germany, a unit of Lone Star SA insulation GmbH Funds Funds, agreed to acquire URSA Insulation SA, a Madrid-based products manufacturer of glass mineral wool and extruded polystyrene, from URSA Insulation Holding BV, ultimately owned by KKR & Co LP.

07/31/17 Alex C Fergusson All Other Zep Inc New - US - Zep Inc, a unit of New Mountain Capital LLC, agreed to acquire LLC Miscellaneous Mountain Alex C Fergusson LLC, a Chambersburg-based manufacturer of Chemical Capital LLC chemical products, from Larsen MacColl Partners LP. Product and Preparation Manufacturing

07/27/17 Fischer Tech Ltd All Other FT Holding II Ltd Platinum 104.004 - FT Holding II Ltd of Cayman Islands, a unit of Platinum Plastics Equity LLC Equity LLC, agreed to acquire the entire share capital of Fischer Tech Product Ltd, manufacturer of plastics products, from Harmony (S) Holdings Pte Manufacturing Ltd, for SGD 3. 02 (USD 2.227) in cash per share, or a total of SGD 168. 398 mil (USD 124.197 mil) in cash, via scheme of arrangement. REAL ESTATE Rank Date Target Name Target Short Acquiror Full Name Acquiror Ranking Value Synopsis Business Ultimate inc. Net Debt of Description Parent Target ($Mil)

08/10/17 Starwood Lessors Of Invitation Homes Inc Blackstone 8013.518 US - Invitation Homes Inc (Invitation), a unit of Blackstone Group LP, Waypoint Homes Other Real Group LP definitively agreed to merge with Starwood Waypoint Homes (Starwood), Estate Property a Scottsdale- based owner and operator of single-family homes, in a stock swap transaction valued at a total USD 4.347 bil. Invitation offered 1.641 common shares per Starwood common shares. Based on Invitation's closing stock price of USD 20.99 on 9 August 2017, the last full trading day prior to the announcement, each Starwood share was valued at USD 33. 878. Upon completion, Invitation and Starwood were to own 59.1% and 40.9%, respectively in the merged entity.

08/08/17 Banco Popular Offices Of Real Blackstone Real Blackstone - SPAIN - Blackstone Real Estate Partners V LP of the UK, a Espanol SA-Real Estate Agents Estate Partners Group LP unit of Blackstone Group LP, agreed to acquire a 51% ownership Estate Assets and Brokers Europe V LP interest in real estate assets of Banco Popular Espanol SA, a Madrid- based commercial bank, ultimately owned by Banco Santander SA. Originally, in June 2017, Banco Popular announced that it was seeking a buyer for its real estate assets.

08/01/17 Astro Japan REIT Blackstone Group LP Blackstone 308.818 AUSTRALIA - Blackstone Group LP of the US planned to launch a tender Property Trust Group LP offer to acquire the entire share capital of Astro Japan Property Trust, a Sydney, New South Wales-based lessor of real estate property, for AUD 7.18 (USD 5.745) in cash per share, or a total of AUD 435. 485 mil (USD 348.432 mil), in a leveraged buyout transaction. Upon completion, Astro Japan will delist in the Australian Stock Exchange. - 38 | BUYOUTS | August 28, 2017 www.buyoutsnews.com MARKET INTELLIGENCE

REAL ESTATE Rank Date Target Name Target Short Acquiror Full Name Acquiror Ranking Value Synopsis Business Ultimate inc. Net Debt of Description Parent Target ($Mil)

08/08/17 Mihabitans Offices Of Real Cerberus Capital Cerberus 100.295 SPAIN - Cerberus Capital Management LP of the US agreed to acquire Cartera SA Estate Agents Management LP Capital Mihabitans Cartera SA(Mihabitans), a Madrid-based real estate agency, from and Brokers Management Liberbank SA(Liberbank), for a total EUR 85 mil (USD 100.295 mil). Originally, in LP July 2017, Liberbank announced that it was seeking a buyer for its Mihabitans.. RETAIL Rank Date Target Name Target Short Acquiror Full Name Acquiror Ranking Value Synopsis Business Ultimate inc. Net Debt of Description Parent Target ($Mil)

07/27/17 First Watch Own,operate Advent International Advent - US - Advent International Corp agreed to acquire an undisclosed Restaurants Inc restaurants Corp International majority interest in First Watch Restaurants Inc (FWR), a University Corp Park- based full-service restaurant operator, from Freeman Spogli & Co, in a secondary buyout transaction. Terms were not disclosed. Originally, Catterton Partners Corp acquired a majority interest in FWR, previously Freeman Spogli & Co acquired FWR.

08/02/17 PharMerica Corp Own,operate Phoenix Parent KKR & Co LP 1336.523 US - Phoenix Parent Holdings Inc (Phoenix), a unit of Kohlberg Kravis pharmacies Holdings Inc Roberts & Co LP (KKR), definitively agreed to acquire the entire share capital of PharMerica Corp (PharMerica), a Louisville- based drug store operator, for an estimated USD 915.823 mil. Upon completion, PharMerica will delist from the stock exchange. The transaction was to consist of USD 29.25 in cash per share plus the assumption of undisclosed liabilities. TELECOMMUNICATIONS Rank Date Target Name Target Short Acquiror Full Name Acquiror Ranking Value Synopsis Business Ultimate inc. Net Debt of Description Parent Target ($Mil)

07/30/17 Hutchison Global Provide Asia Cube Global I Squared 1856.326 - Asia Cube Global Communications Ltd of the US, a unit of Communications telecommunications Communications Ltd Capital I Squared Capital Advisors LLC, agreed to acquire the entire share capital Investment svcs Advisors LLC of Hutchison Global Communications Investment Holding Ltd, wired Holding Ltd telecommunications carrier, from Hutchison Telecommunications Hong Kong Holdings Ltd, a unit of Hutchison Telecommunications Investment Holdings Ltd, ultimately owned by CK Hutchison Holdings Ltd, for a total HKD 14.497 bil (USD 1. 856 bil) in cash. Originally, in July 2017, Hutchison Telecommunications Hong Kong Holdings Ltd announced that it was searching for a buyer for its Hong Kong fixed-line telecommunications business.

08/09/17 GlobeComm Radio and Investor Group Investor - US - An investor group, comprised of HPS Investment Partners LLC, a Systems Inc Television Group unit of Highbridge Capital Management LLC and Tennenbaum Capital Broadcasting Partners LLC definitively agreed to acquire GlobeComm Systems Inc, and Wireless a Hauppauge- based manufacturer of wireless communications Communications equipment, from Wasserstein & Co LP. Terms were not disclosed. Equipment Manufacturing Closed LBOs By U.S. Sponsors (July 26, 2017 - August 14, 2017) CONSUMER PRODUCTS AND SERVICES Date Target Name Target Short Acquiror Full Acquiror Ranking Value Synopsis Effective/ Business Name Ultimate Parent inc. Net Debt of Unconditional Description Target ($Mil)

07/31/17 Telecommunication Testing Acorn Growth Acorn Growth - US - Acorn Growth Companies acquired Telecommunication Support Services Support Services Inc Laboratories Cos Cos Inc, a Melbourne-based testing laboratory, in a leveraged buyout transaction.

07/31/17 Protec Inc Security Systems The ADT Corp Apollo Global - US - The ADT Corp, a unit of Apollo Global Management LLC, acquired Services (Except Management Protec Inc, a Portland-based provider of security systems services. Locksmiths) LLC

07/31/17 CareerBuilder Pvd online CareerBuilder Apollo Global 250 US - CareerBuilder LLC SPV, a special purpose acquisition vehicle by Apollo LLC recruitment svcs LLC SPV Management Global Management LLC and Ontario Teachers' Pension Plan, acquired a 53% LLC interest in CareerBuilder LLC (CareerBuilder), a - based provider of online recruitment services, from TEGNA Inc (TEGNA), for an estimated USD 250 mil, in a leveraged buyout transaction. Originally, in September 2016, TEGNA was rumored to be seeking a buyer for a 53% interest in its CareerBuilder unit. www.buyoutsnews.com August 28, 2017 | BUYOUTS | 39 MARKET INTELLIGENCE

CONSUMER PRODUCTS AND SERVICES Date Target Name Target Short Acquiror Full Acquiror Ranking Value Synopsis Effective/ Business Name Ultimate Parent inc. Net Debt of Unconditional Description Target ($Mil)

08/08/17 ChoreMate All Other Valet Living Inc Ares - US - Valet Living Inc, jointly owned by Harvest Partners LP and Amenity Services Specialty Trade Management LP Ares Management LP, acquired ChoreMate Amenity Services, an Contractors -based provider of specialty trade contractor services.

08/10/17 Asterand Other BioreclamationIVT Arsenal Capital - US - BioreclamationIVT LLC, a unit of Arsenal Capital Partners Bioscience Inc Biotechnology LLC Partners LP LP, acquired Asterand Bioscience Inc, a Detroit-based provider of & Medical biotechnology research and development services. Research

08/07/17 AlliedPRA Inc Convention and CI Capital CI Capital - US - CI Capital Partners LLC acquired an undisclosed majority Trade Show Partners LLC Partners LLC interest in AlliedPRA Inc, a San Diego- based trade show Organizers organizer, from Core Capital Partners LP, in a leveraged buyout transaction. Terms of the transaction were not disclosed.

08/01/17 HD Supply Wholesale water Clayton Dubilier Clayton Dubilier 2500 US - Clayton Dubilier & Rice LLC, a unit of Clayton Dubilier & Rice Waterworks Ltd systems & Rice LLC & Rice LP LP Holdings, acquired HD Supply Waterworks Ltd (Waterworks), an Atlanta- based industrial machinery and equipment merchant wholesaler, from HD Supply Inc (HD Supply), owned by HDS Holding Corp, for an estimated USD 2.5 bil in cash, in a leveraged buyout transaction. Originally, in February 2017, HD Supply was rumored to be seeking a buyer for its Waterworks unit.

08/02/17 Allen Myland Inc All Other Park Place GTCR LLC - US - Park Place Technologies Inc, a unit of GTCR LLC, acquired Business Technologies Inc Allen Myland Inc, a Broomall-based provide customers with Support Services comprehensive support and maintenance of EMC, Hitachi and other manufacturers' equipment

08/09/17 Coordinated Human Hub Hellman & - US - Hub International Ltd, a unit of Hellman & Friedman LLC, Resources Group Resources and International Ltd Friedman LLC acquired Coordinated Resources Group LLC, a Portland-based LLC Executive Search provider of human resources and executive search consulting Consulting services. Terms of the transaction were not disclosed. Services

07/31/17 Blamtastic LLC Toilet Lucas Brand Lucas Brand - US - Lucas Brand Equity LP acquired Blamtastic LLC (Blamtastic), Preparation Equity LP Equity LP an Atlanta- based manufacturer of toilet preparations, in a Manufacturing leveraged buyout transaction. Originally, in June 2017, Blamtastic announced that it was seeking a buyer for the company, via auction.

07/26/17 Legacity Capital Human OneDigital New Mountain - US - OneDigital Health & Benefits, a unit of New Mountain Group Arkansas Resources and Health & Capital LLC Capital LLC, acquired Employee Benefits Business of Legacity Inc- Employee Executive Search Benefits Capital Group Arkansas Inc, a Little Rock-based provider of Benefits Business Consulting human resources and executive search consulting services. Services

07/26/17 Hanson McClain Administrative Parthenon Parthenon - US - Parthenon Capital Partners acquired an undisclosed majority Inc Management Capital Partners Capital Partners interest in Hanson McClain Inc, a Sacramento-based provider of and General administrative management and general management consulting Management services, from Hanson McClain Group Inc, in a leveraged buyout Consulting transaction. Services

08/03/17 Lannick Group Other Vaco LLC Quad-C - CANADA - Vaco LLC of the US, a unit of Quad-C Management Management Management Inc, acquired Lannick Group, a Toronto-based provider of Consulting Inc management consulting services. Services

08/02/17 Taylor Winfield Provides Focus Search Quad-C - US - Focus Search Partners LLC, a unit of Vaco LLC, acquired Taylor Inc executive search Partners LLC Management Winfield Inc, a Dallas-based provider of executive search services. services Inc

08/03/17 Premier Parking Parking Lots and River Associates River Assoc - US - River Associates InvestmentsLLC acquired Premier Parking, a Garages Investments LLC Invest LLC Nashville- based parking lot and garage operator, in a leveraged buyout transaction.

08/14/17 ASTA Door Corp Metal Window Janus Saw Mill Capital - FLASH: US - Janus International Group LLC, a unit of Saw Mill and Door International LLC Capital Partners LP, acquired ASTA Door Corp, an Acworth-based Manufacturing Group LLC manufacturer of metal windows and doors. 40 | BUYOUTS | August 28, 2017 www.buyoutsnews.com MARKET INTELLIGENCE

CONSUMER PRODUCTS AND SERVICES Date Target Name Target Short Acquiror Full Acquiror Ranking Value Synopsis Effective/ Business Name Ultimate Parent inc. Net Debt of Unconditional Description Target ($Mil)

08/01/17 Ideal Clamp Manufactures Snow Phipps Snow Phipps - US - Snow Phipps Group LLC acquired Ideal Clamp Products Products Inc stainless steel Group LLC Group LLC Inc (Ideal), a Smyrna-based manufacturer of hand and edge worm gear tools, from Industrial Growth Partners LP, in a secondary buyout transaction. Terms were not disclosed. Originally, Ideal was acquired by Industrial Growth Partners LP.

08/10/17 Women's Health Provides Sverica Sverica - US - Sverica International LLC acquired an undisclosed majority USA Inc healthcare International International interest in Women's Health USA Inc, an Avon-based provider managment LLC LLC of healthcare management services, in a leveraged buyout transaction. Terms were not disclosed. CONSUMER STAPLES Date Target Name Target Short Acquiror Full Acquiror Ranking Value Synopsis Effective/ Business Name Ultimate Parent inc. Net Debt of Unconditional Description Target ($Mil)

07/27/17 Dixcy Textiles Underwear Advent Advent - INDIA - Advent International Corp of the US acquired an Pvt Ltd and Nightwear International International undisclosed majority interest in Dixcy Textiles Private Ltd(Dixcy Knitting Mills Corp Corp Textiles), a Tirupur-based knitting mill operator, in a leveraged buyout transaction. Originally, in April 2017, Dixcy Textiles was rumoured to be Seeking buyer.

08/04/17 Cold Spring Breweries Brynwood Brynwood - US - Brynwood Partners VII LP, a unit of Brynwood Partners Brewing Co Inc Partners VII LP Partners LP LP, acquired Cold Spring Brewing Co Inc, a Cold Spring- based brewery. Terms were not disclosed.

08/07/17 Foot Cardigan Broadwoven Detail Provisions Detail - US - Detail Provisions Co acquired an undisclosed majority LLC Fabric Mills Co Provisions Co interest in Foot Cardigan LLC, a Dallas-based manufacturer of subscription patterned socks

08/01/17 King Juice Co Inc Frozen Fruit, Mason Wells Inc Mason Wells Inc - US - Mason Wells Inc acquired King Juice Co Inc, a Milwaukee- Juice, and based manufacturer of frozen fruits, juices and vegetables, in a Vegetable leveraged buyout transaction. Manufacturing

08/07/17 Garden Fresh Produce fresh Garden Fresh Perpetual - US - Garden Fresh Restaurants Corp SPV ,a special purpose Restaurant Corp salads Restaurants Capital LLC acquisition vehicle by Perpetual Capital LLC and CR3 Partners Corp SPV LLC, acquired Garden Fresh Restaurant Corp, a San Diego-based producer of fresh salads, in a leveraged buyout transaction. Terms were not disclosed. ENERGY AND POWER Date Target Name Target Short Acquiror Full Acquiror Ranking Value Synopsis Effective/ Business Name Ultimate Parent inc. Net Debt of Unconditional Description Target ($Mil)

07/31/17 Masisa SA- Cogeneration NeoElectra ArcLight Capital - - NeoElectra Management SL of Spain, a unit of ArcLight Cogeneration plant Management SL Partners LLC Capital Partners LLC, acquired a cogeneration plant, located Plant,Cabrero in Cabrero of Masisa SA, a Santiago-based manufacturer and wholesaler of wood products. Originally, in August 2016, Masisa announced that it was seeking a buyer for its cogeneration plant.

08/04/17 Gas Natural Inc Pvd natural gas First Reserve First Reserve 197.118 US - First Reserve Corp merged with Gas Natural Inc, a Mentor- distn svcs Corp Corp based provider of natural gas distribution services, for USD 13.10 in cash per share, or a total value of USD 137.757 mil, in a leveraged buyout transaction.

07/31/17 ConocoPhillips San Juan Hilcorp San Hilcorp Energy 3000 US - Hilcorp San Juan LP, jointly owned by Hilcorp Energy Co and Co-San Juan basin assets of Juan LP Co The Carlyle Group LP, acquired a 50% ownership interest in the Basin Assets, ConocoPhillips San Juan basin assets of ConocoPhillips Co (Conoco), a Houston- Bloomfield, NM Co based oil and gas exploration and production and energy company, for an estimated USD 3 bil. The consideration consisted of USD 2.7 bil in cash and up to USD 300 mil in profit-related payments. Originally, in November 2016, Conoco announced that it was seeking a buyer for its North American natural gas assets. www.buyoutsnews.com August 28, 2017 | BUYOUTS | 41 MARKET INTELLIGENCE

ENERGY AND POWER Date Target Name Target Short Acquiror Full Acquiror Ranking Value Synopsis Effective/ Business Name Ultimate Parent inc. Net Debt of Unconditional Description Target ($Mil)

08/01/17 Conergy Asia & Electric Power Investor Group Investor Group - SINGAPORE - An investor group, comprised of ME Pte Ltd Distribution BDC Inc and Tennenbaum Capital PartnersLLC acquired Conergy Asia & ME Pte Ltd, a Singapore-based electric power distributor, from Conergy AG, ultimately owned by Kawa Capital Management Inc, in a leveraged buyout transaction. Terms were not disclosed.

07/31/17 ALS Ltd-Oil & Gas Site Preparation Madison Madison Capital 85.282 AUSTRALIA - Madison Industries Inc of the US, a unit of Madison Business Contractors Industries Inc Partners Capital Partners, acquired the oil & gas business of ALS Ltd, a Milton-based provider of technical testing and inspection services, for a total AUD 109 mil (USD 85.282 mil).

08/02/17 Pvd electric Aclara Sun Capital - PHILIPPINES - Aclara Technologies LLC of the US, a unit of Sun Capital Philippines Meter metering Technologies Partners Inc Partners Inc, acquired a 65% interest in General Electric Philippines & Instrument services LLC Meter & Instrument Co Inc, electric power distributor, jointly owned by Co Inc General Electric Co and Manila Electric Co(GE), from GE. FINANCIALS Date Target Name Target Short Acquiror Full Acquiror Ranking Value Synopsis Effective/ Business Name Ultimate Parent inc. Net Debt of Unconditional Description Target ($Mil)

08/04/17 Banca Commercial Bain Capital Bain Capital LP 32 ITALY - Bain Capital Credit LP of the US, a unit of Bain Capital LP, Mediocredito del Banking Credit LP acquired non performing loans of Banca Mediocredito del Friuli Friuli Venezia Venezia Giulia SpA, an Udine- based commercial bank, for a total Giulia SpA- Non EUR 26.95 mil (USD 32 mil). The deal was valued based on the Performing Loans 7% standard capitalization rate.

07/26/17 Concardis GmbH Provide card Concardis GmbH Concardis GmbH - GERMANY - Concardis GmbH SPV, a special purpose acquisition payment SPV SPV vehicle formed by Advent International Corp of the US and Bain Capital services LP of the US acquired Concardis GmbH, an Eschborn-based provider of card payment services, in a leveraged buyout transaction. The terms of the transaction were not disclosed, but according to sources close to the transaction, the value was estimated at EUR 700 mil (USD 742.312 mil). Originally, in October 2016, Concardis GmbH announced that it was seeking a buyer for the Company.

08/14/17 Northrim Insurance Acrisure LLC Genstar Capital - FLASH: US - Acrisure LLC, a unit of Genstar Capital LLC, acquired Benefits Group Agencies and LLC Northrim Benefits Group LLC, an Anchorage-based insurance LLC Brokerages agency, from Northrim Capital Investment Co, ultimately owned by Northrim Bancorp Inc.

08/08/17 Rogers Gunter Insurance Hub Hellman & - US - Hub International Ltd, a unit of Hellman & Friedman LLC, Vaughn agency International Ltd Friedman LLC acquired Rogers Gunter Vaughn Insurance, a Tallahassee-based Insurance insurance agency Terms were not disclosed.

08/04/17 Bianchi & Assoc Provide financial Hub Hellman & - US - Hub International Ltd, a unit of Hellman & Friedman LLC, Inc services International Ltd Friedman LLC acquired Bianchi & Assoc Inc, an Albuquerque-based provider of financial investment services.

08/03/17 East West Insurance Hub Hellman & - US - Hub International Ltd, a unit of Hellman & Friedman LLC, Insurance Agencies and International Ltd Friedman LLC acquired East West Insurance Services Inc, a Pasadena-based Services Inc Brokerages insurance agency.

08/02/17 Steve Mariani Insurance Hub Hellman & - US - Hub International Ltd, a unit of Hellman & Friedman LLC, Insurance LLP Agencies and International Ltd Friedman LLC acquired the assets of Steve Mariani Insurance LLP, a Havre-based Brokerages provider of health insurance services. Terms were not disclosed.

08/01/17 Transfac Capital Financial Commercial Lovell Minnick - US - Commercial Credit Inc, a unit of Lovell Minnick Equity Inc Transactions Credit Inc Partners LLC Partners III LP, acquired Transfac Capital Inc, a Salt Lake City- Processing, based provider of financial transactions services. Reserve, and Clearinghouse Activities

08/10/17 Medical Invest hldg co MTS Health MTS Health - FLASH: US - MTS Health Investors LLC acquired Medical Knowledge Investors LLC Investors LLC Knowledge Group LLC, a -based provider of financial Group LLC investment services, from CIVC Partners LP, ultimately owned by Corp, in a leveraged buyout transaction. 42 | BUYOUTS | August 28, 2017 www.buyoutsnews.com MARKET INTELLIGENCE

HEALTHCARE Date Target Name Target Short Acquiror Full Acquiror Ranking Value Synopsis Effective/ Business Name Ultimate Parent inc. Net Debt of Unconditional Description Target ($Mil)

08/11/17 Handle With Care Home Health SH Franchising Altaris Capital - FLASH : US - SH Franchising LLC, a unit of Altaris Capital Partners In-Home Care & Care Services LLC Partners LLC LLC, acquired Handle With Care In- Home Care & Assistance LLC, Assistance LLC an Elmhurst-based provider of home health care services.

08/11/17 LG Medicall Medical, Dental, Insight Imaging Black Diamond - FLASH: US - Insight Imaging Inc, a unit of Black Diamond Technologies Inc and Hospital Inc Capital Mgmt CapitalManagement LLC, acquired LG Medicall Technologies Inc, Equipment LLC an East Dundee-based medical equipment and supplies merchant and Supplies wholesaler. Merchant Wholesalers

08/02/17 Wright & Medical, Dental, National Seating Court Square - US - National Seating & Mobility Inc, a unit of Court Square Filippis-Mobility and Hospital & Mobility Inc Capital Partners Capital Partners LP, acquired Mobility Division of Wright & Division Equipment Filippis, a Rochester Hills-based manufacturer of surgical and Supplies appliance and supplies. Merchant Wholesalers

07/31/17 Ob Hospitalist Offices Of Gryphon Gryphon - US - Gryphon Investors Inc acquired Ob Hospitalist Group Group Inc Physicians Investors Inc Investors Inc Inc, a Mauldin-based physician's office operator, from Ares (Except Management LP, in a leveraged buyout transaction. Mental Health Specialists)

08/09/17 Independence General Medical All Metro Aids OEP Parent LLC - US - All Metro Aids Inc, a unit of One Equity Partners LLC, Healthcare Corp and Surgical Inc acquired Independence Healthcare Corp, a Worcester- based Hospitals provider of non-medical home healthcare services.

08/08/17 Center of HOPE All Other Crossroads Revelstoke - US - Crossroads Holding LLC, a unit of Revelstoke Capital Partners of Myrtle Beach Outpatient Care Holding LLC Capital Partners LLC, acquired Center of HOPE of Myrtle Beach LLC, a Myrtle LLC Centers Beach-based outpatient care center operator.

08/03/17 RTI Surgical Inc- Surgical A&E Advanced Vance Street 60 US - A&E Advanced Closure Systems LLC, a unit of A&E Medical Cardiothoracic Appliance Closure Systems Capital LLC Corp, acquired cardiothoracic closure business of RTI Surgical Inc, Closure Business and Supplies LLC an Alachua-based manufacturer of sterile biologic implants, for Manufacturing a total USD 60 mil. The consideration consisted of USD 54 mil in cash and up to USD 6 mil in profit-related payments. HIGH TECHNOLOGY Date Target Name Target Short Acquiror Full Acquiror Ranking Value Synopsis Effective/ Business Name Ultimate Parent inc. Net Debt of Unconditional Description Target ($Mil)

08/02/17 Patient Genesis Software WIRB- Arsenal Capital - US - WIRB-Copernicus Group, a unit of Arsenal Capital Partners LLC-ConsentNow Publishers Copernicus Partners LP LP, acquired ConsentNow eConsent Technology of Patient Genesis eConsent Group LLC, a Fairfield-based software publisher. Terms were not Technology disclosed.

08/01/17 Newforma Inc Software Battery Ventures Battery Ventures - US - Battery Ventures LP acquired an undisclosed majority Publishers LP LP interest in Newforma Inc, a Manchester-based software publisher, in a leveraged buyout transaction.

08/02/17 Cloudamize Inc Internet Cloudreach Blackstone - US - Cloudreach Europe Ltd of the UK, a unit of Blackstone Publishing and Europe Ltd Group LP Group LP, acquired Cloudamize Inc, a Philadelphia-based cloud Broadcasting computing analytics and automation and Web Search Portals

07/31/17 The Capital Pvd finl,IT Clayton Dubilier Clayton Dubilier 469 BELGIUM - Clayton Dubilier & Rice LLC (CD&R) of the US, a unit Markets consulting svcs & Rice LLC & Rice LP of Clayton Dubilier & Rice LP Holdings, acquired a 60% interest Company NV in The Capital Markets Company NV, an Antwerp-based provider of computer related services, from Fidelity National Information Services Inc, for and amended EUR 399.025 mil (USD 469 mil) in cash, in a leveraged buyout transaction. Originally, CD&R offered EUR 424.387 mil (USD 477 mil) in cash.

08/08/17 Datablink Inc Software WatchGuard Francisco - US - WatchGuard Technologies Inc, a unit of Francisco Partners Publishers Technologies Inc Partners LP LP, acquired Datablink Inc, a Mclean-based software publisher. www.buyoutsnews.com August 28, 2017 | BUYOUTS | 43 MARKET INTELLIGENCE

HIGH TECHNOLOGY Date Target Name Target Short Acquiror Full Acquiror Ranking Value Synopsis Effective/ Business Name Ultimate Parent inc. Net Debt of Unconditional Description Target ($Mil)

08/09/17 Lucernex Inc Provide data Accruent LLC Genstar Capital - US - Accruent LLC, a unit of Genstar Capital LLC, acquired integration LLC Lucernex Inc, a Plano-based provider of computer systems design services services.

08/02/17 ViaWest Inc Data Processing, Peak 10 Inc GI Partners LLP 1675 US - Peak 10 Inc, a unit of GI Partners LLP, acquired the entire Hosting, and share capital of ViaWest Inc, a Greenwood Village-based Related Services provider of data processing and hosting services, from Shaw Communications Inc, for USD 1. 675 bil in cash. Originally, in April 2017, Shaw Communications Inc was rumored to be seeking a buyer for its ViaWest Inc unit, a Greenwood Village-based provider of data processing and hosting services.

08/14/17 Zoom Pvd Internet Great Hill Great Hill - US - Great Hill Partners LP acquired Zoom Information Inc, a Information Inc search engine Partners LP Partners LP Waltham,-based internet service provider, in a leveraged buyout svc transaction.

08/08/17 National Provide Park Place GTCR LLC - US - Park Place Technologies Inc, a unit of GTCR LLC, acquired Customer computer repair Technologies Inc National Customer Engineering Inc, an El Cajon- based provider Engineering Inc svcs of computer and office machine repair and maintenance services.

07/27/17 Digital Instinct Software Kronos Inc Hellman & - AUSTRALIA - Kronos Inc of the US, a unit of Hellman & Friedman Pty Ltd Publishers Friedman LLC Capital Partners IV LP, acquired Digital Instinct Pty Ltd, developer of software solutions for casino resorts.

07/26/17 Data Ltd Inc Electronic Comark LLC JMC Capital - US - Comark LLC, a unit of JMC Capital Partners LLC, acquired Computer Partners LLC Data Ltd Inc, a Lehigh Acres-based manufacturer of electronic Manufacturing computers.

07/27/17 Lutech SpA Develop Internet One Equity OEP Parent LLC - ITALY - One Equity Partners LLC of the US, a unit of OEP Parent software Partners LLC LLC, acquired Lutech SpA, a Cologno Monzese-based internet service provider, from Laserline SpA. Terms of the transaction were not disclosed.

08/01/17 inData Corp Develops trial IPRO Tech LLC ParkerGale - US - IPRO Tech LLC acquired inData Corp, a Gilbert-based presentation Capital LP developer of trial presentation software. Terms were not software disclosed.

08/01/17 Cable Exchange Fiber Optic Cable CommScope The Carlyle - US - CommScope Holding Co Inc, a unit of Carlyle-CommScope Inc Manufacturing Holding Co Inc Group LP Holdings LP, acquired Cable Exchange Inc, a Santa Ana- based manufacturer of fiber optic cables.

07/27/17 AMI Provide music The Gores The Gores - US - The Gores Group LLC acquired AMI Entertainment Network Entertainment content Group LLC Group LLC Inc, a Grand Rapids- based manufacturer of audio and video Network Inc equipment, from Harbour Group Ltd, in a leveraged buyout transaction.

07/26/17 Bigart Software Alchemy The Riverside - US - Alchemy Systems LP, a unit of The Riverside Co, acquired Ecosystems LLC Publishers Systems LP Co Bigart Ecosystems LLC, a Bozeman-based software publisher.

08/07/17 VersionOne Inc Software CollabNet Inc Vector Capital - US - CollabNet Inc, a unit of Vector Capital Corp, merged with Publishers Management LP VersionOne Inc, an Alpharetta-based software publisher.

07/26/17 Johns Hopkins Software CardioWise Inc VIC Tech - US - CardioWise Inc, a unit of VIC Technology Venture Technology Publishers Venture Dvlp Development LLC, acquired the SQuEEZ heart function analysis Ventures-SQuEEZ LLC software of Johns Hopkins Technology Ventures, a Baltimore- Heart Function based . Analysis Software

08/08/17 TTG Inc Develop Xactly Corp Vista Equity - US - Xactly Corp, a unit of Vista Equity Partners LLC, acquired TTG prepackaged Partners LLC Inc, a Bedford- based software publisher. software

07/31/17 Xactly Corp Software Vista Equity Vista Equity 511.07 US - Vista Equity Partners LLC acquired the entire share capital of Publishers Partners LLC Partners LLC Xactly Corp (Xactly), a San Jose-based software publisher, for USD 15.65 in cash per share, or a total USD 542.63 mil, in a leveraged buyout transaction. On completion, Xactly's common shares were delisted from the New York Stock Exchange. 44 | BUYOUTS | August 28, 2017 www.buyoutsnews.com MARKET INTELLIGENCE

INDUSTRIALS Date Target Name Target Short Acquiror Full Acquiror Ranking Value Synopsis Effective/ Business Name Ultimate Parent inc. Net Debt of Unconditional Description Target ($Mil)

07/27/17 Koch & Industrial Valve Marshall Harbour Group - US - Marshall Excelsior Co, a unit of Harbour Group Ltd, acquired Associates Inc Manufacturing Excelsior Co Ltd Koch & Associates Inc, a Rockwall-based manufacturer of industrial valves. Terms were not disclosed.

08/03/17 Aish Other Engine Aeronautical JF Lehman & Co - UK - Aeronautical & General Instruments Ltd, a unit of JF Technologies Ltd Equipment & General Lehman & Co, acquired Aish Technologies Ltd, a Poole- based Manufacturing Instruments Ltd manufacturer of engine equipment.

07/26/17 Techni-Tool Inc Mnfr,whl TestEquity Inc LKCM - US - TestEquity Inc, a unit of LKCM Headwater Investments, equipment,tool Headwater acquired Techni-Tool Inc, a Worcester-based industrial supplies prod Investments merchant wholesaler.

08/02/17 Johnson Controls Grinnell Anvil OEP Parent LLC - US - Anvil International LLC, a unit of One Equity Partners LLC, International Mechanical International acquired Grinnell Mechanical Product suite of Johnson Controls PLC-Grinnell Product Suite LLC International PLC, a Cork- based manufacturer of automatic Mechanical environmental controls. Product suite

07/26/17 Double E Co LLC Manufacture River Associates River Assoc - US - River Associates InvestmentsLLC acquired Double E Co LLC, web handling Investments LLC Invest LLC a West Bridgewater-based manufacturer of industrial machinery, prod from Incline Equity Partners, in a leveraged buyout transaction. Terms of the transaction were not disclosed.

07/31/17 Craftsman Manufacture Speyside Equity Speyside Equity - US - Speyside Equity Fund I LP, a unit of Speyside Equity LLC, Custom Metals custom metals Fund I LP LLC acquired Craftsman Custom Metals LLC, a Schiller Park-based LLC manufacturer of fabricated structural metal products, from Full Circle Investments Inc.

07/31/17 Paragon Other Millwork Sunrise The Riverside - US - Sunrise Windows Ltd, a unit of The Riverside Co, acquired Paragon Windows & (Including Windows Ltd Co Windows & Doors, a Louisville-based manufacturer of millwork. Doors Flooring)

07/31/17 Service Logic LLC Pvd engineering Warburg Pincus Warburg Pincus - US - Warburg Pincus LLC acquired Service Logic LLC, a Charlotte-based services LLC LLC provider of engineering services, from Sterling Investment Partners LP, in a leveraged buyout transaction. Terms were not disclosed. MATERIALS Date Target Name Target Short Acquiror Full Acquiror Ranking Value Synopsis Effective/ Business Name Ultimate Parent inc. Net Debt of Unconditional Description Target ($Mil)

08/02/17 Alfatherm Coated and Tekni-Plex Inc American - ITALY - Tekni-Plex Inc of the US, a unit of American Securities LLC, SpA-adhesive Laminated Securities LLC acquired adhesive tape substrate business of Alfatherm SpA, a tape substrate Packaging Paper Varese-based manufacturer of paper packing products, ultimately business and Plastics Film owned by OpenGate Capital LLC. Manufacturing

08/07/17 Top Tool Co Metal Stamping CIRTEC Medical Century Park - US - CIRTEC Medical Systems LLC, a unit of Century Park Capital Systems LLC Capital Partners Partners II LP, acquired Top Tool Co, a Minneapolis-based manufacturer of metal stampings.

07/27/17 Diamond K Gypsum Product Harrison HIG Capital LLC - US - Harrison Gypsum LLC, a unit of HIG Capital LLC, doing Gypsum Co Manufacturing Gypsum LLC business as ACG Materials, acquired Diamond K Gypsum Co, a Richfield-based manufacturer of gypsum products.

08/02/17 Stack-On Manufactures Stack-On Stack-On - US - Stack-On Products Co SPV acquired Stack-On Products Co, a Products Co home, garage, Products Co SPV Products Co SPV Wauconda-based manufacturer of secure storage products, in a secure storage leveraged buyout transaction. Terms were not disclosed. products www.buyoutsnews.com August 28, 2017 | BUYOUTS | 45 MARKET INTELLIGENCE

MEDIA AND ENTERTAINMENT Date Target Name Target Short Acquiror Full Acquiror Ranking Value Synopsis Effective/ Business Name Ultimate Parent inc. Net Debt of Unconditional Description Target ($Mil)

08/01/17 inVentiv Health Administrative INC Research Avista Capital 4279.603 US - INC Research Holdings Inc (INC), a unit of Avista Capital Inc Management Holdings Inc Holdings LP Holdings LP, merged with inVentiv Health Inc, a Burlington- and General based provider of marketing consulting services, from Advent Management International Corp, ultimately owned by Thomas H Lee Co and Consulting Thomas H Lee Partners LP, ultimately owned by Thomas H Lee Co, Services in exchange for 49.99 mil INC common shares valued at USD 2. 182 bil, in a stock swap transaction. The shares were valued based on INC's closing stock price of USD 43.65 on 9 May 2017, the last full trading day prior to the announcement.

08/03/17 Performance Marketing Impact Group CI Capital - US - Impact Group, a unit of CI Capital Partners LLC, acquired Sales & Consulting Partners LLC Performance Sales & Marketing, a San Antonio- based provider of Marketing Services marketing consulting services. Terms of the transaction were not disclosed.

08/10/17 Industrial Color Provides Frontenac Co Frontenac Co - US - Frontenac Co acquired Industrial Color Brands LLC, a New Brands LLC commercial York-based provider of commercial photography services, from photography Stone Canyon Industries LLC, in a leveraged buyout transaction. services Terms were not disclosed.

07/27/17 LifeShield Inc Pvd wireless Hawk Capital Hawk Capital - US - Hawk Capital Partners LP acquired LifeShield Inc, a home security Partners LP Partners LP Langhorne-based wired telecommunications carrier, from svc DirecTV Inc, ultimately owned by AT&T Inc, in a leveraged buyout transaction. Terms were not disclosed.

08/02/17 Novacopy Inc Quick Printing Investor Group Investor Group - US - A management-led investor group, comprised of Trivest Partners LP, acquired Novacopy Inc, a Nashville- based provider of quick printing services, in a leveraged buyout transaction.

08/01/17 Market Force Pvd marketing Investor Group Investor Group - US - A management-led investor group, comprised of Main Street Information Inc research svcs Capital Corp, acquired an undisclosed majority interest in Market Force Information Inc, a Louisville-based provider of marketing consulting services, in a leveraged buyout transaction.

07/31/17 Mammoth Own,op ski Hawk Holding KSL Capital - US - Hawk Holding Co LLC, jointly owned by Aspen Skiing Corp Mountain Ski resort Co LLC Partners LLC and KSL Capital Partners LLC, acquired Mammoth Mountain Ski Area LLC Area LLC, a Mammoth Lakes-based hotel operator, from Starwood Capital Group Global LLC, in a leveraged buyout transaction.

07/31/17 Intrawest Resorts Recreational Hawk Holding KSL Capital 1312.961 US - Hawk Holding Co LLC, jointly owned by Aspen Skiing Corp Holdings Inc Goods Rental Co LLC Partners LLC and KSL Capital Partners LLC, acquired the entire share capital of Intrawest Resorts Holdings Inc, a Denver-based provider of recreational goods rental services, from Intrawest Europe Holdings Sarl, ultimately owned by Fortress Investment Group LLC, for USD 23.75 in cash per share, or a total USD 944.677 mil, in a leveraged buyout transaction. The transaction consists of USD 944.677 mil and assumption of an undisclosed amount in liabilities.

07/27/17 Print Appeal Inc Other Party City Thomas H Lee - US - Party City Holdco Inc, a unit of Thomas H Lee Partners LP, Commercial Holdco Inc Co acquired a 60% interest in Print Appeal Inc, a Dallas- based Printing provider of commercial printing services.

07/27/17 Clean Zone Advertising Brite Media Trimaran Capital - US - Brite Media Group LLC, a unit of Trimaran Capital Partners Marketing Inc Agencies Group LLC Partners LLC LLC, acquired Clean Zone Marketing Inc, a Noblesville-based advertising agency. REAL ESTATE Date Target Name Target Short Acquiror Full Acquiror Ranking Value Synopsis Effective/ Business Name Ultimate Parent inc. Net Debt of Unconditional Description Target ($Mil)

07/26/17 Stillwater Own,operate Investor Group Investor Group - US - An investor group, comprised of Oaktree Capital apartment bldgs Management LP, a unit of Oaktree Capital Group LLC and Security Properties Inc acquired Stillwater, a Glendale-based lessor of residential buildings and dwellings. Concurrently, the Investor Group acquired Canyon Creek and Off Broadway Apartments, lessor of residential buildings and dwellings. 46 | BUYOUTS | August 28, 2017 www.buyoutsnews.com MARKET INTELLIGENCE

REAL ESTATE Date Target Name Target Short Acquiror Full Acquiror Ranking Value Synopsis Effective/ Business Name Ultimate Parent inc. Net Debt of Unconditional Description Target ($Mil)

07/26/17 Canyon Creek Lessors Of Investor Group Investor Group - US - An investor group, comprised of Oaktree Capital Residential Management LP, a unit of Oaktree Capital Group LLC and Security Buildings and Properties Inc acquired Canyon Creek, a Phoenix-based lessor of Dwellings residential buildings and dwellings. Concurrently, the Investor Group acquired Stillwater and Off Broadway Apartments, lessor of residential buildings and dwellings.

08/07/17 On Campus Lessors Of On Campus MLL Capital - US - On Campus Medical Office Buildings SPV, a special purpose Medical Office Nonresidential Medical Office acquisition vehicle jointly owned by MLL Capital, Artemis Real Buildings(4),San Buildings (Except Buildings SPV Estate Partners LLC and Ackerman & Co LLC, acquired 4 On Antonio,Texas Miniwarehouses) Campus Medical Office Buildings located in San Antonio, Texas, in a leveraged buyout transaction Terms were not disclosed.

08/04/17 Kadans Vastgoed Lessors Of Oaktree Capital Oaktree Capital - NETHERLANDS - Oaktree Capital Management LP of the US, a BV-Real Estate Nonresidential Management LP Group LLC unit of Oaktree Capital Group LLC, acquired real estate portfolio in Portfolio in Buildings (Except netherlands of Kadans Vastgoed BV, a Haaren- based provider of Netherlands Miniwarehouses) land subdivision services, in a leveraged buyout transaction.

08/09/17 Related Group- Lessors Of Rockpoint Group Rockpoint 87 US - Rockpoint Group LLC acquired Town City Center of Related Town City Center Residential LLC Group LLC Group, a Miami-based provider of land subdivision services, for a Buildings and total USD 87 mil, in a leveraged buyout transaction. Dwellings RETAIL Date Target Name Target Short Acquiror Full Acquiror Ranking Value Synopsis Effective/ Business Name Ultimate Parent inc. Net Debt of Unconditional Description Target ($Mil)

08/14/17 Superior Sporting Goods PlayCore Inc Sentinel Capital - US - PlayCore Inc, a unit of Sentinel Capital Partners LLC, Recreational Stores Partners LLC acquired Superior Recreational Products, a Carrollton-based Products playground equipment manufacturer.

08/04/17 J&D Laboratories Food (Health) Captek Softgel Swander Pace - US - Captek Softgel International Inc, a unit of Swander Pace Inc Supplement International Inc Capital LLC Capital LLC, acquired J&D Laboratories Inc, a Vista-based food Stores supplement products retailer. TELECOMMUNICATIONS Date Target Name Target Short Acquiror Full Acquiror Ranking Value Synopsis Effective/ Business Name Ultimate Parent inc. Net Debt of Unconditional Description Target ($Mil)

08/01/17 Telmate LLC Wired Global Tel Link American - US - Global Tel Link Corp, a unit of American Securities Capital Telecommunications Corp Securities LLC Partners LLC, acquired Telmate Llc, a San Francisco-based wired Carriers telecommunications carrier.

08/08/17 NeuStar Inc Provides real- Neustar Inc SPV Golden Gate 2707.267 US - Neustar Inc SPV, a special purpose acquisition vehicle time information Capital Inc formed by Golden Gate Private Equity Inc and GIC Special services Investments Pte Ltd, a unit of Singaporean state- owned GIC Pte Ltd, merged with NeuStar Inc (Neustar), a Sterling-based provider of real-time information services and analytics, for USD 33.5 in cash per share or a total value of USD 1.843 bil, in a leveraged buyout transaction. On completion, Neustar's common shares were delisted from the New York Stock Exchange.

08/02/17 MTel BV Wired Evolve IP LLC Great Hill - NETHERLANDS - Evolve IP LLC of the US, a unit of Great Hill Telecommunications Partners LP Partners LP, acquired MTel BV, a Rotterdam-based wired Carriers telecommunications carrier. www.buyoutsnews.com August 28, 2017 | BUYOUTS | 47 MARKET INTELLIGENCE

RECENT TRANSACTIONS Non-Control Deals, U.S. Sponsors (July 26, 2017 - August 14, 2017) CONSUMER PRODUCTS AND SERVICES Rank Target Name Target Short Target Acquiror Full Acquiror Ranking Value Synopsis Date Business Advisers Name Ultimate Parent inc. Net Debt of Description Target ($Mil)

07/31/17 ETC Global Group Provides business - Investor Investor Group 68 US - An investor group, comprised of Cerberus Capital LLC support services Group Management LP and Quantlab Group LP planned to acquire an undisclosed minority stake in ETC Global Group LLC, a Los Angeles-based provider of business support services, for a total USD 68 mil.

07/31/17 Showclix Inc All Other Travel Software Providence Providence - US - Providence Strategic Growth LP, a unit of Providence Arrangement Equity Group Strategic Equity Partners Equity Partners LLC, acquired an undisclosed minority and Reservation LLC Growth LP LLC stake in Showclix Inc, an Oakmont-based provider of Services travel arrangement and reservation services, in a privately negotiated transaction.

07/26/17 InspirED Ltd Elementary and Rothschild TA Associates TA Associates - UK - TA Associates Inc of the US, a unit of TA Associates Secondary Schools & Co Management Management Management LP, acquired a 25% stake in InspirED Ltd, a LP LP London-based school operator, in a privately negotiated transaction. Terms of the transaction were not disclosed. CONSUMER STAPLES Rank Target Name Target Short Target Acquiror Full Acquiror Ranking Value Synopsis Date Business Advisers Name Ultimate Parent inc. Net Debt of Description Target ($Mil)

07/28/17 Impossible Foods All Other - Investor Investor Group 75 US - An investor group, comprised of Bill Gates, Horizons Inc Miscellaneous Food Group Ventures Ltd and Temasek Holdings (Pte) Ltd acquired Manufacturing an undisclosed minority stake in Impossible Foods Inc, a Redwood City- based manufacturer of foods, for a total USD 75 mil, in a privately negotiated transaction. ENERGY AND POWER Rank Target Name Target Short Target Acquiror Full Acquiror Ranking Value Synopsis Date Business Advisers Name Ultimate Parent inc. Net Debt of Description Target ($Mil)

07/31/17 ET Rover Pipeline Pipeline - Investor Investor Group 1570 US - An investor group, comprised of Blackstone Capital LLC Transportation Of Group Partners LP, a unit of Blackstone Group LP and Blackstone Natural Gas Energy Partners LP agreed to acquire a 49.9% stake in ET Rover Pipeline LLC, pipeline transportation services of natural gas, a unit of Energy Transfer Partners LP, ultimately owned by Sunoco Logistics Partners LP, for an estimated USD 1.57 bil in cash, in a privately negotiated transaction. Originally, Blackstone Energy Partners LP was rumored to be planning to acquire an undisclosed minority stake in Energy Transfer Partners LP. FINANCIALS Rank Target Name Target Short Target Acquiror Full Acquiror Ranking Value Synopsis Date Business Advisers Name Ultimate Parent inc. Net Debt of Description Target ($Mil)

08/09/17 Rothesay Life Plc Direct Life - Investor Investor Group - UK - An investor group, comprised of Blackstone Group LP Insurance Carriers Group (Blackstone Group), Massachusetts Mutual Life Insurance Co (Massachusetts) and GIC Pte Ltd (GIC) agreed to raise its interest to 96. 7%, from 64%, by acquiring a 32.7% stake in Rothesay Life Plc (Rothesay Life), a London- based direct life insurance carrier, from Goldman Sachs Group Inc, in a privately negotiated transaction. The terms of the transaction were not disclosed, but according to sources close to the transaction, the value was estimated at GBP 2 bil (USD 2. 627 bil). Originally, In august 2017 Blackstone Group, Massachusetts and GIC was rumored to be planning to acquire Rothesay Life. 48 | BUYOUTS | August 28, 2017 www.buyoutsnews.com MARKET INTELLIGENCE

FINANCIALS Rank Target Name Target Short Target Acquiror Full Acquiror Ranking Value Synopsis Date Business Advisers Name Ultimate Parent inc. Net Debt of Description Target ($Mil)

08/09/17 Five Star Sales Financing - Investor Investor Group 51.817 INDIA - An investor group, comprised of Matrix Partners India, Business Finance Group a unit of Matrix Partners, Private Equity Asia Ltd LP, a unit of Morgan Stanley Global Private Equity, , a unit of & Co,SanFrancisco, California and Sequoia Capital India Advisors Pvt Ltd acquired an undisclosed minority stake in Five Star Business Finance Ltd, a Chennai-based provider of sales financing services, for a total INR 3.3 bil (USD 51. 817 mil).

08/01/17 CardWorks Inc Pvd credit card JP Morgan Parthenon Parthenon - US - Parthenon Capital Partners acquired an undisclosed services Capital Capital Partners minority stake in CardWorks Inc (CardWorks), a Woodbury- Partners based provider of consumer lending services, in a privately negotiated transaction. Concurrently, Pacific Investment Management Co LLC and Reverence Capital Partners LLC acquired undisclosed minority stakes in CardWorks.

08/01/17 CardWorks Inc Pvd credit card JP Morgan Reverence Reverence - US - Reverence Capital Partners LLC acquired services Capital Capital Partners an undisclosed minority stake in CardWorks Inc Partners LLC LLC (CardWorks), a Woodbury-based provider of consumer lending services, in a privately negotiated transaction. Concurrently, Pacific Investment Management Co LLC and Parthenon Capital Partners acquired undisclosed minority stakes in CardWorks.

08/02/17 Fisher Funds Investment - TA Associates TA Associates - NEW ZEALAND - TA Associates Management LP of Management Ltd management Management Management the US agreed to acquire a 24.99% stake in Fisher services LP LP Funds Management Ltd (Fisher), a Takapuna-based investment advisor, a unit of TSB Bank Ltd (TSB), ultimately owned by TSB Community Trust, in a leveraged buyout transaction. Concurrently, TSB exercised its option to acquire the remaining 51% interest, which it did not already own, in Fisher. HEALTHCARE Rank Target Name Target Short Target Acquiror Full Acquiror Ranking Value Synopsis Date Business Advisers Name Ultimate Parent inc. Net Debt of Description Target ($Mil)

08/10/17 Apellis Pharmaceutical - Investor Investor Group 60 US - An investor group, comprised of Clough Pharmaceuticals Preparation Group Capital Partners LP, Cormorant Asset Management Inc Manufacturing LLC, F-Prime Capital Partners, Vivo Capital LLC, Morningside Group Ltd, Epidarex Capital Partners LLC, Sectoral Asset Management Inc, venBio LLC and Sofinnova Partners SAS acquired an undisclosed minority stake in Apellis Pharmaceuticals Inc, a Crestwood-based manufacturer of pharmaceutical preparation, for a total USD 60 mil, in a privately negotiated transaction.

08/02/17 Amplyx Manufactures - Investor Investor Group 67 US - An investor group, comprised of Arix Bioscience Pharmaceuticals broad-spectrum Group PLC, Lundbeckfonden Ventures, New Enterprise Inc antifungal agents Associates Inc, Pappas Ventures, a unit of Pappas Capital LLC, RiverVest Venture Partners LLC, 3x5 RiverVest Fund II LP, a unit of RiverVest Venture Partners LLC, BioMed Ventures LP and Sofinnova Partners SAS acquired an undisclosed minority stake in Amplyx Pharmaceuticals Inc, a San Diego-based manufacturer of pharmaceutical preparation, for a total USD 67 mil, in a privately negotiated transaction.

08/04/17 Enablecomp LLC Provides health - Primus Primus Capital - US - Primus Capital Fund acquired an undisclosed and medical Capital Fund Fund minority stake in Enablecomp LLC, a Franklin-based compensation provider of health and medical compensation services services, in a privately negotiated transaction. www.buyoutsnews.com August 28, 2017 | BUYOUTS | 49 MARKET INTELLIGENCE

HIGH TECHNOLOGY Rank Target Name Target Short Target Acquiror Full Acquiror Ranking Value Synopsis Date Business Advisers Name Ultimate Parent inc. Net Debt of Description Target ($Mil)

08/14/17 Dragos Inc Develop - Energy Impact Energy Impact - FLASH: US - Energy Impact Partners LLC acquired an prepackaged Partners LLC Partners LLC undisclosed minority stake in Dragos Inc, a Fulton-based software software publisher, in a privately negotiated transaction. The deal had a reported value of USD 10 mil.

08/10/17 Vyze Inc Software Publishers - Investor Investor Group 13.1 US - An investor group, comprised of Fathom Capital and Group StarVest Partners LP acquired an undisclosed minority stake in Vyze Inc, an Austin-based software publisher, for a total USD 13. 1 mil, in a privately negotiated transaction.

08/08/17 Signals Analytics Custom Computer - Investor Investor Group 25 US - An investor group, comprised of Qumra Capital Programming Group Israel I Ltd, Pitango and Sequoia Capital Services Operations LLC acquired an undisclosed minority stake in Signals Analytics, a New York- based provider of custom computer programming services, for a total USD 25 mil, in a privately negotiated transaction.

07/26/17 Shanghai Computer Systems - Investor Investor Group - - An investor group, comprised of China Media Capital, Liulishuo Design Services Group Cherubic Ventures, Granite Global Ventures, IDG Capital Information Partners Co Ltd, Shanghai Trustbridge Partners Investment Technology Ltd Management Co Ltd, Wu Capital and Hearst Ventures acquired an undisclosed minority stake in Shanghai Liulishuo Information Technology Ltd, provider of computer systems design services, in a privately negotiated transaction. The deal had a reported value of CNY 674.951 mil (USD 100 mil).

07/27/17 StarCompliance Develops - Luminate Luminate - US - Luminate Capital Partners acquired an undisclosed Inc compliance, Capital Capital Partners minority stake in StarCompliance Inc, a Rockville-based regulatory software Partners developer of compliance and regulatory software, in a privately negotiated transaction.

08/02/17 Accuity Delivery Data Processing, - MTS Health MTS Health - US - MTS Health Investors LLC acquired an undisclosed Systems LLC Hosting, and Investors LLC Investors LLC minority stake in Accuity Delivery Systems LLC, a New Related Services York-based provider of data processing and hosting services, in a privately negotiated transaction. Terms of the transaction were not disclosed.

08/02/17 Impeo Software Develop mobile - The Riverside The Riverside - GERMANY - The Riverside Co of the US acquired an GmbH apps software Co Co undisclosed minority stake in Impeo Software GmbH, a - based software publisher, in a privately negotiated transaction.

08/03/17 rfXcel Corp Software solutions - Kayne Virtus 30 US - Kayne Partners, a unit of Kayne Anderson Partners Investment CapitalAdvisors LP, acquired an undisclosed minority stake Partners Inc in rfXcel Corp, a San Ramon- based reproducer of software, for a total USD 30 mil, in a privately negotiated transaction. INDUSTRIALS Rank Target Name Target Short Target Acquiror Full Acquiror Ranking Value Synopsis Date Business Advisers Name Ultimate Parent inc. Net Debt of Description Target ($Mil)

08/10/17 PosiGen LLC Heating Equipment - Stonehenge Stonehenge - US - Stonehenge LLC, a unit of (Except Warm Growth Capital Co LLC Stonehenge Capital Co LLC, acquired an undisclosed Air Furnaces) Capital LLC minority stake in PosiGen LLC, a Metairie-based solar Manufacturing energy company, in a privately negotiated transaction. MEDIA AND ENTERTAINMENT Rank Target Name Target Short Target Acquiror Full Acquiror Ranking Value Synopsis Date Business Advisers Name Ultimate Parent inc. Net Debt of Description Target ($Mil)

07/26/17 Casa2 Stays Pvt Hotels (Except Signal Hill Investor Investor Group 25 INDIA - An investor group, comprised of Accel Ltd Casino Hotels) and Capital Group Group Partners and Goldman Sachs Group Inc acquired an Motels LLC undisclosed minority stake in Casa2 Stays Pvt Ltd, a -based hotel operator, for a total INR 1.609 bil (USD 25 mil), in a privately negotiated transaction. 50 | BUYOUTS | August 28, 2017 www.buyoutsnews.com MARKET INTELLIGENCE

RETAIL Rank Target Name Target Short Target Acquiror Full Acquiror Ranking Value Synopsis Date Business Advisers Name Ultimate Parent inc. Net Debt of Description Target ($Mil)

08/09/17 Visionworks Inc Own,op optical - Centerbridge Centerbridge - US - Centerbridge Partners LP (Centerbridge) stores Partners LP Partners LP planned to acquire an undisclosed minority stake in Visionworks Inc, a San Antonio-based optical goods retailer, a unit of HVHC Inc, ultimately owned by Highmark Inc, in a privately negotiated transaction. Concurrently, Centerbridge definitively agreed to acquire Davis Vision Inc.

08/01/17 Homology Pharmacies and - Deerfield Deerfield 83.5 US - Deerfield Management Co LP acquired an Medicines Inc Drug Stores Management Management undisclosed minority stake in Homology Medicines Co LP Co LP Inc, a Lexington- based drug store operator, for a total USD 83.5 mil, in a privately negotiated transaction.

08/03/17 Sugarfina Inc Confectionery and Imperial Great Hill Great Hill 35 US - Great Hill Partners LP acquired an undisclosed Nut Stores Capital LLC Partners LP Partners LP minority stake in Sugarfina Inc, an Inglewood-based confections retailer, for a total USD 35 mil, in a privately negotiated transaction.

07/26/17 Trendly Inc Luggage and - Investor Investor Group 15.5 US - An investor group, comprised of Big Sur Leather Goods Group Ventures, Crosslink Capital, General Catalyst Partners Stores LLC, U Start SA, FJ Labs, Kloof Capital Ltd and Novator Partners LLP acquired an undisclosed minority stake in Trendly Inc, a - based luggage and leather goods retailer, for a total USD 15.5 mil, in a privately negotiated transaction.

07/26/17 1MG Technologies Pharmacies and - Investor Investor Group 0.233 INDIA - An investor group, comprised of HBM Pvt Ltd Drug Stores Group Healthcare Investments AG, Omidyar Network Commons LLC, Maverick Capital Ltd, KVR Rail Infra Projects Pvt Ltd and Sequoia Capital India Advisors Pvt Ltd acquired an undisclosed minority stake in 1MG Technologies Pvt Ltd, a New Delhi-based e-commerce health care provider, a unit of Bright Lifecare Pvt Ltd, for a total INR 15 mil (USD 0. 233 mil), in a privately negotiated transaction. EXITS U.S. Sponsor Sales Via M&A (July 26, 2017 - August 14, 2017) CONSUMER PRODUCTS AND SERVICES Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

08/07/2017 AlliedPRA Inc Core Capital Partners CI Capital - US - CI Capital Partners LLC acquired an undisclosed majority interest in Lp Partners LLC AlliedPRA Inc, a San Diego- based trade show organizer, from Core Capital Partners LP, in a leveraged buyout transaction. Terms of the transaction were not disclosed.

08/02/2017 HG Detroit Highlands Ventures Fahrenheit - US - Fahrenheit IT Inc, a unit of Global Employment Solutions Inc, acquired HG Consulting LLC Hldg LLC IT Inc Detroit Consulting LLC, a Novi-based provider of administrative management and general management consulting services, from Highlands Ventures Holdings LLC.

08/01/2017 Ideal Clamp Industrial Growth Snow Phipps - US - Snow Phipps Group LLC acquired Ideal Clamp Products Inc (Ideal), a Products Inc Partners LP Group LLC Smyrna-based manufacturer of hand and edge tools, from Industrial Growth Partners LP, in a secondary buyout transaction. Terms were not disclosed. Originally, Ideal was acquired by Industrial Growth Partners LP.

08/01/2017 Duncan Solutions Marlin Equity Partners Navient Corp 80.000 US - Navient Corp acquired Duncan Solutions Inc, a Milwaukee-based parking Inc LLC lot and garage operator, from Marlin Equity Partners LLC, for a total USD 80 mil.

08/08/2017 Phase One RLJ Equity Partners LLC Accenture PLC - US - Accenture PLC of Republic of Ireland acquired Phase One Consulting Group Consulting Group LLC, an Alexandria-based provider of management consulting services, from RLJ LLC Equity Partners LLC. Terms were not disclosed. www.buyoutsnews.com August 28, 2017 | BUYOUTS | 51 MARKET INTELLIGENCE

CONSUMER STAPLES Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

08/07/2017 LB Maple Treat Corp Champlain Capital Rogers Sugar 124.399 CANADA - Rogers Sugar Inc acquired the entire share capital of LB Maple Treat Partners LP Inc Corp, a Granby-based producer and wholesaler of nonchocolate confectionery, from Champlain Capital Partners LP, for a total CAD 160.3 mil (USD 124.399 mil).

07/31/2017 Albertville Quality HIG Capital LLC OK Foods Inc - US - OK Foods Inc, a unit of Industrias Bachoco SAB de CV, acquired Albertville Foods Inc Quality Foods Inc, an Albertville- based poultry processor, from HIG Capital LLC. ENERGY AND POWER Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

07/31/2017 FTP Power LLC Fir Tree Partners LP Investor 1577.000 US - An investor group, comprised of AES Corp (AES) (50%) and Alberta Group Investment Management Corp (AIMCO) (50%), acquired the entire share capital of FTP Power LLC (FTP) , a Salt Lake City-based owner and operator of alternative energy sources establishment, from Fir Tree Partners LP and other shareholders, for a total USD 1.577 bil. The consideration consisted of USD 853 mil in cash and an assumption of USD 724 mil in liabilities. On completion, AES and AIMCO, are each to own 50% interests in FTP.

08/14/2017 X-Elio Energy KKR & Co LP Azienda - ITALY - Azienda Solare Italiana SpA, a unit of Quercus Swiss Life Italian SL-Solar power Solare Solar Srl, acquired 2 solar power plants of X-Elio Energy SL, a Madrid-based plants(2) Italiana SpA alternative energy sources establishment, owned by Gestamp Renewables SL.

08/01/2017 Conquest OFS Energy Fund Undisclosed - US - OFS Energy Fund divested Conquest Completion Services LLC, a Bossier Completion Services Acquiror City-based provider of oil field services, to an undisclosed acquiror. LLC

08/14/2017 Pattern Energy Riverstone Holdings Investor 53.666 CANADA - An investor group, comprised of Pattern Energy Group Inc (Pattern) and Group LP-Meikle LLC Group Public Sector Pension Investment Board (PSP) acquired Meikle Wind project of Pattern Wind Project Energy Group LP, a San Francisco-based alternative energy sources establishment, ultimately owned by Riverstone Holdings LLC, for a total CAD 68 mil (USD 53.666 mil). On completion, Pattern and PSP were to own 51% and 49%, respectively, in the property. FINANCIALS Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

08/07/2017 Xbridge Ltd Aquiline Capital The Travelers 490.000 UK - The Travelers Cos Inc of the US acquired Xbridge Ltd, a London-based Partners LLC Cos Inc insurance agency, from Aquiline Capital Partners LLC, for an estimated GBP 402.894 mil (USD 490 mil).

08/10/2017 Medical Knowledge Bank of America Corp MTS Health - FLASH: US - MTS Health Investors LLC acquired Medical Knowledge Group Group LLC Investors LLC LLC, a New York-based provider of financial investment services, from CIVC Partners LP, ultimately owned by Bank of America Corp, in a leveraged buyout transaction.

07/31/2017 Financial Horizons Genstar Capital LLC Great-West - CANADA - Great-West Life Assurance Co, a unit of Great- West Lifeco Inc, Group Life Assurance acquired Financial Horizons Group, a Kitchener-based provider of financial Co investment services, from Granite Global Solutions Inc, ultimately owned by Genstar Capital LLC. HEALTHCARE Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

08/07/2017 Water Pik Inc Ripplewood Holdings Church & 1033.000 US - Church & Dwight Co Inc acquired the entire share capital of Water Pik LLC Dwight Co Inc Inc, a Fort Collins-based manufacturer of dental equipment and supplies, from MidOcean Partners LLP, ultimately owned by Ripplewood Holdings LLC, and Vulcan Capital Inc, for an estimated USD 1.033 bil in cash.

08/02/2017 Performance Optics Wind Point Partners HOYA Corp - US - HOYA Corp of Japan acquired Performance Optics LLC, a New Castle-based LLC manufacturer of ophthalmic goods, from Wind Point Partners. The transaction was to include VISION EASE and Daemyung Optical. 52 | BUYOUTS | August 28, 2017 www.buyoutsnews.com MARKET INTELLIGENCE

HIGH TECHNOLOGY Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

08/09/2017 Data Intensity LLC Audax Group LP EQT Partners - US - EQT Partners BV of Sweden acquired Data Intensity LLC, a Bedford- based BV provider of cloud services, from Audax Group LP, in a leveraged buyout transaction. Terms were not disclosed.

07/27/2017 AMI Entertainment Harbour Group Ltd The Gores - US - The Gores Group LLC acquired AMI Entertainment Network Inc, a Grand Network Inc Group LLC Rapids- based manufacturer of audio and video equipment, from Harbour Group Ltd, in a leveraged buyout transaction.

07/26/2017 Johns Hopkins Johns Hopkins Tech CardioWise - US - CardioWise Inc, a unit of VIC Technology Venture Development LLC, Technology Ventures Inc acquired the SQuEEZ heart function analysis software of Johns Hopkins Ventures-SQuEEZ Technology Ventures, a Baltimore-based financial sponsor. Heart Function Analysis Software

08/11/2017 AG Acquisition Corp Mill Road Capital Logitech 85.000 US - Logitech International SA of Switzerland acquired AG Acquisition Corp, Mgmt LLC International a San Francisco-based manufacturer of audio and video equipment, from SA Skullcandy Inc, ultimately owned by Mill Road Capital ManagementLLC, for a total USD 85 mil.

08/10/2017 Mercury Network Serent Capital LLC CoreLogic Inc - US - CoreLogic Inc acquired the remaining 55% interest, which it did not LLC already own, in Mercury Network LLC, an Oklahoma City-based software publisher, from Serent Capital LLC. INDUSTRIALS Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

07/26/2017 Double E Co LLC Incline Equity Partners River - US - River Associates InvestmentsLLC acquired Double E Co LLC, a West Associates Bridgewater-based manufacturer of industrial machinery, from Incline Equity Investments Partners, in a leveraged buyout transaction. Terms of the transaction were not LLC disclosed.

08/02/2017 Kuss Filtration Inc Industrial Opportunity GVS SpA - US - GVS SpA of Italy acquired Kuss Filtration Inc, a Findlay-based manufacturer Partner of machinery, from Industrial OpportunityPartners LLC.

07/26/2017 ACT Independent Platte River Ventures Doosan Heavy - US - Doosan Heavy Industries &Construction Co Ltd of South Korea acquired Turbo Services Inc LLC Industries & ACT Independent Turbo Services Inc, a La Porte-based manufacturer of air Construction purification equipment, from Platte River Ventures LLC. Co Ltd

07/31/2017 Service Logic LLC Sterling Investment Warburg - US - Warburg Pincus LLC acquired Service Logic LLC, a Charlotte-based provider Partners Pincus LLC of engineering services, from Sterling Investment Partners LP, in a leveraged buyout transaction. Terms were not disclosed. MATERIALS Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

08/02/2017 Alfatherm SpA- OpenGate Capital LLC Tekni-Plex Inc - ITALY - Tekni-Plex Inc of the US, a unit of American Securities LLC, acquired adhesive tape adhesive tape substrate business of Alfatherm SpA, a Varese-based manufacturer substrate business of paper packing products, ultimately owned by OpenGate Capital LLC. MEDIA AND ENTERTAINMENT Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

08/01/2017 inVentiv Health Inc Advent International INC Research 4279.603 US - INC Research Holdings Inc (INC), a unit of Avista Capital Holdings LP, merged Corp Holdings Inc with inVentiv Health Inc, a Burlington-based provider of marketing consulting services, from Advent International Corp, ultimately owned by Thomas H Lee Co and Thomas H Lee Partners LP, ultimately owned by Thomas H Lee Co, in exchange for 49.99 mil INC common shares valued at USD 2. 182 bil, in a stock swap transaction. The shares were valued based on INC's closing stock price of USD 43.65 on 9 May 2017, the last full trading day prior to the announcement. www.buyoutsnews.com August 28, 2017 | BUYOUTS | 53 MARKET INTELLIGENCE

MEDIA AND ENTERTAINMENT Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

08/08/2017 Brand Connections Cypress Group LLC Advantage - US - Advantage Sales & Marketing LLC acquired Brand Connections LLC, a New LLC Sales & York- based provider of marketing consulting services, from Cypress Group LLC. Marketing LLC

08/09/2017 Valpak Direct Platinum Equity LLC Matthew - US - Matthew Goodman acquired Central Iowa territory of Valpak Direct Marketing Systems Goodman Marketing Systems Inc, a Largo-based provider of marketing consulting Inc-Central Iowa services, owned by Cox Target Media Inc. Territory

07/26/2017 Valpak Direct Platinum Equity LLC Abrann & - US - Abrann & Sharon Harris acquired western washington west territory of Marketing Systems Sharon Harris Valpak Direct Marketing Systems Inc, a Largo-based provider of marketing Inc- Western consulting services, owned by Cox Target Media Inc. Washington West territory

08/01/2017 Hotel Mexico Walton Street Capital Barcelo - MEXICO - Barcelo Corporacion Empresarial SA of Spain acquired Hotel Mexico Reforma LLC Corporacion Reforma, hotel operator, from Walton Street Capital LLC. Terms were not Empresarial disclosed. SA REAL ESTATE Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

08/04/2017 Centro Comercial Blackstone Group LP Asua Grupo - SPAIN - Asua Grupo Inmobiliario SL acquired Centro Comercial EspacioCoruna, Espacio Coruna Inmobiliario an A Coruna- based lessor of nonresidential buildings, from Multi-Veste Espana SL 1 SL, owned by Multi Veste 146 BV. Terms were not disclosed. RETAIL Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

08/02/2017 Fiesta Mart LLC TPG Capital LP Pulse - US - Pulse Beverage Corp acquired Fiesta Mart LLC, a Houston-based Beverage supermarket operator, from ACON Investments LLC, ultimately owned by TPG Corp Capital LP.

U.S. Sponsor Sales Via IPOs (July 26, 2017 - August 14, 2017) IPO Date Company Name Company Industry IPO Size Post Offer IPO IPO Shares Company Firm(s) Invested in Company ($Mil) Value ($ Mil) Price (Mil) Ticker

08/10/17 YogaWorks Inc Consumer 43.800 6.000 7.300 YOGA Great Hill Partners Products and Services