34 | BUYOUTS | May 14, 2018 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 Reuters Markets. Please contact Paul Centopani at [email protected] with questions or comments. DEAL FLOW Seeking Buyers–U.S. Targets (April 14, 2018 - April 29, 2018) MATERIALS

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

04/25/18 Martin Marietta - Maryland Beaver Creek aggregates quarry of - US - In April 2018, Martin Marietta Materials Materials-Quar Martin Marietta Materials Inc, located in Inc, a Raleigh-based limestone quarry Western Maryland. operator, announced that it was seeking a buyer for its Beaver Creek aggregates quarry. The transaction was a condition to the completion of the acquisition of Bluegrass Materials Co LLC by Martin Marietta.

04/25/18 Tronox Ltd Kwinana Foreign Tronox Ltd, headquartred in, Kwinana - US - In April 2018, Exxaro Resources Ltd, a Beach Beach, Australia, manufactures pigments. It unit of Main Street 333(Pty)Ltd, announced is engaged in the production and marketing that it was seeking a buyer for 28.729 mil of titanium bearing mineral sands and common shares, or a 24% minority stake titanium dioxide pigment. It also produces in Tronox Ltd, a Kwinana Beach- based natural soda ash. The Company was manufacturer of pigments. founded on September 21, 2011. RECENT DEALS Announced, Pending LBOs By U.S. Sponsors (April 14, 2018 - April 29, 2018) 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)

04/23/18 Springs Window Mnfr drapery Springs Window AEA - US - Springs Window Fashions LLC SPV, a special purpose acquisition Fashions LLC hardware,blinds Fashions LLC SPV Investors LP vehicle owned by AEA Investors LP and the Canadian state-owned British Columbia Investment Management Corp, definitively agreed to acquire Springs Window Fashions LLC (Springs), a Middleton-based manufacturer of blinds and shades, from Golden Gate Capital Inc (Golden Gate), in a secondary buyout transaction. Originally, Golden Gate acquired Springs.

04/18/18 Triplefin LLC Pvd customer Triplefin LLC SPV Water St - US - Triplefin LLC SPV, jointly owned by JLL Partners Inc and Water Street care svcs Healthcare Healthcare Partners LLC, agreed to acquire Triplefin LLC, a Cincinnati-based Partners provider of business support services, from HD Smith Wholesale Drug Co Inc, ultimately owned by AmerisourceBergen Corp, in a leveraged buyout 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)

04/17/18 Hearthside Food Cookie and Hearthside Food Charlesbank - US - Hearthside Food Solutions LLC SPV, a special purpose acquisition Solutions LLC Cracker Solutions LLC SPV Capital vehicle formed by Charlesbank Capital Partners LLC and Partners Group Manufacturing Partners AG, agreed to acquire Hearthside Food Solutions LLC (Hearthside), a Downers Grove- based manufacturer of cookies and crackers, from Vestar Capital Partners Inc (Vestar) and Goldman Sachs Group Inc (Goldman), in a leveraged buyout transaction. Originally, In January 2018, Vestar and Goldman was rumored to be seeking a buyer for Hearthside.

04/24/18 Food Solutions Produce Investor Group Investor - Flash: US - An investor group, comprised of Charlesbank Capital Partners Group (Global milk,milk Group LLC and Partners Group AG planned to acquire Hearthside Food Solutions Dairy Co) products LLC, a Downers Grove-based manufacturer of cookies and crackers, from Vestar Capital Partners Inc and Goldman Sachs Group Inc. www.buyoutsnews.com May 14, 2018 | BUYOUTS | 35 MARKET INTELLIGENCE

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

04/17/18 Conti Solar LLC Alternative Ares EIF Ares - US - Ares EIF Management LLC, a unit of Ares Management LLC, planned Energy Sources Management LLC Management to acquire an undisclosed majority interest in Conti Solar LLC, an Edison- LP based alternative energy sources establishment, from The Conti Group, in a leveraged buyout transaction. Terms were not disclosed.

04/17/18 Fralock Corp Manufactures Arsenal Capital Arsenal - US - Arsenal Capital Partners LP planned to acquire an undisclosed power, Partners LP Capital majority interest in Fralock Corp, a Valencia- based manufacturer of power, distribution, Partners LP distribution and specialty transformers, in a leveraged buyout transaction. specialty transformers FINANCIALS Rank Date Target Name Target Short Acquiror Full Name Acquiror Ranking Value Synopsis Business Ultimate inc. Net Debt of Description Parent Target ($Mil)

04/16/18 Tesco Personal Credit Card Avantcard DAC Apollo - IRELAND - Avantcard DAC, a unit of EVO Banco SA, planned to acquire irish Finance PLC- Issuing Global credit card portfolio of Tesco Personal Finance PLC, an Edinburgh- based Irish Credit Card Management insurance agency, ultimately owned by Tesco PLC. Portfolio LLC

04/25/18 Benefits Third Party Ascensus Inc Genstar - US - Ascensus Inc, jointly owned by Genstar Capital LLC and Aquiline Planning Administration Capital LLC Capital Partners LLC agreed to acquire Benefits Planning Consultants Inc, a Consultants Inc Of Insurance Champaign-based provider of insurance and pension funds administration and Pension services. Funds

04/29/18 Baidu Inc - Provide Investor Group Investor 1900.000 CHINA - An investor group, comprised of Taikang Insurance Group Inc, Financial Service financial Group The Carlyle Group LP, TPG Capital LP and ABC International Holdings Ltd, a Group services unit of Agricultural Bank of China Ltd, definitively agreed to acquire a 58% ownership interest in the financial service group of Baidu Inc, a Beijing- based web search portal, for an estimated CNY 12.032 bil (USD 1.9 bil). Originally in January 2018, Baidu announced that it was seeking a buyer for an undisclosed minority ownership interest in its financial service group. Terms were not disclosed but, according to people familiar with the source, the transaction was to be valued at CNY 12.8 bil (USD 2 bil).

04/19/18 Cadaret Grant & Independent Atria Wealth Lee Equity - US - Atria Wealth Solutions Inc, a unit of Lee Equity Partners LLC, agreed Co Inc broker, dealer Solutions Inc Partners LLC to acquire Cadaret Grant & Co Inc, a Syracuse-based independent broker- dealer. The transaction was to include Cadaret Grant Agency Inc and Capital Strategy Group Ltd.

04/23/18 Safeguard Investment Sierra Capital Maplewood - US - Sierra Capital Investments Lp, jointly owned by Maplewood Partners Scientifics Inc holding Investments Lp Partners LP LP and Horton Capital Partners LLC, agreed to acquire the remaining company 94.9% interest, which it did not already own, in Safeguard Scientifics Inc, a Radnor-based provider of financial investment services. HEALTHCARE Rank Date Target Name Target Short Acquiror Full Name Acquiror Ranking Value Synopsis Business Ultimate inc. Net Debt of Description Parent Target ($Mil)

04/17/18 Zentiva NV Mnfr,whl Advent International Advent 2375.338 CZECH REPUBLIC - Advent International Corp (Advent) of the US planned pharmaceuticals Corp International to acquire Zentiva NV (Zentiva), a Prague-based manufacturer of Corp pharmaceutical preparation, from Sanofi SA (Sanofi), for CZK 48.453 bil (USD 2.375 bil) , in a leveraged buyout transaction. Originally, in January 2018, Sanofi was rumored to be seeking a buyer via auction for its Zentiva unit. Advent, BC Partners, Carlyle Group LP, Blackstone Group LP, Nordic Capital, EMS SA and Torrent Pharmaceuticals Ltd were named as rumored bidders.

04/28/18 Summit Specialty (Except Delphi Behavioral Halifax - flash: Behavioral Psychiatric Health Group LLC Group LLC Healthcare Llc and Substance Abuse) Hospitals 36 | BUYOUTS | May 14, 2018 www.buyoutsnews.com MARKET INTELLIGENCE

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

04/23/18 Curo Health Provides Curo Health Services Humana Inc 1400.000 US - Curo Health Services Inc SPV, a special purpose acquisition vehicle Services Inc medical and Inc SPV formed by TPG Capital LP (TPG), Humana Inc (Humana) and Welsh Carson health services Anderson & Stowe (Welsh), definitively agreed to acquire Curo Health Services Inc (Curo), a Mooresville- based provider of home health care services, from Thomas H Lee Partners LP, ultimately owned by Thomas H Lee Co, for an estimated USD 1.4 bil in cash, in a secondary buyout transaction. Upon completion, Humana was to own 40% stake in Curo. Originally, Thomas H Lee Partners LP acquired Curo.

04/18/18 Cadence Inc Manufactures Kohlberg & Co LLC Kohlberg & - US - Kohlberg & Co LLC definitively agreed to acquire Cadence Inc, a and Co LLC Staunton-based manufacturer of surgical appliance and supplies, in a wholesales leveraged buyout transaction. surgical and medical equipment and supplies

04/21/18 Sound Inpatient Hmo Medical Sound Inpatient Summit 2150.000 US - Sound Inpatient Physicians Inc SPV, led by Summit Partners LP, agreed Physicians Inc Centers Physicians Inc SPV Partners LP to acquire an undisclosed majority interest in Sound Inpatient Physicians Inc, a Tacoma-based HMO medical center operator, from Fresenius Medical Care AG & Co KGaA, for USD 2.15 bil in cash, in a leveraged buyout transaction. 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)

04/26/18 Electrical Other Cerberus Capital Cerberus - US - Cerberus Capital Management LP agreed to acquire Electrical Components Electronic Management LP Capital Components International Inc (ECII), a St Louis-based manufacturer of International Inc Component Management electronic components, from KPS Capital Partners LP (KPS), in a secondary Manufacturing LP buyout transaction. Terms were not disclosed. Originally, KPS acquired ECII in a leveraged buyout transaction.

04/26/18 Mitchell Develop Stone Point Capital Stone Point - US - Stone Point Capital LLC definitively agreed to acquire an undisclosed International Inc workflow LLC Capital LLC majority interest in Mitchell International Inc (Mitchell), a San Diego-based mgmt software software publisher, from KKR & Co LP (KKR), in a secondary buyout transaction. Terms were not disclosed. Originally, KKR acquired Mitchell. Previously, in February 2017, KKR was rumored to be seeking a buyer for Mitchell.

04/18/18 Hitachi Ltd-Form Software WingArc1st Inc The Carlyle - JAPAN - WingArc1st Inc, a unit of Carlyle Japan Partners III LP, ultimately Software EUR Publishers Group LP owned by The Carlyle Group LP of the US, planned to acquire Form Software "EUR" of Hitachi Ltd, a Chiyoda-Ku, Tokyo-based manufacturer of computer peripheral equipment.

04/23/18 Allocate Software Vista Equity Partners Vista Equity - UK - Vista Equity Partners LLC of the US planned to acquire Allocate Software PLC Publishers LLC Partners LLC Software PLC, a London-based software publisher, from Acorn Bidco Ltd, owned by Acorn Topco Ltd, in a leveraged buyout transaction. Terms were not disclosed.

04/17/18 LogicMonitor Inc Software Vista Equity Partners Vista Equity - US - Vista Equity Partners LLC definitively agreed to acquire an undisclosed Publishers LLC Partners LLC majority interest in LogicMonitor Inc, a Santa Barbara-based software publisher, in a leveraged buyout transaction. Terms were not disclosed. MATERIALS Rank Date Target Name Target Short Acquiror Full Name Acquiror Ranking Value Synopsis Business Ultimate inc. Net Debt of Description Parent Target ($Mil)

04/27/18 SRS Distribution Wholesale Leonard Green & Leonard 3000.000 US - Leonard Green & Partners LP (Leonard) agreed to acquire SRS Inc roofing Partners LP Green & Distribution Inc (SRS), a Mckinney-based roofing, siding and insulation products Partners LP material merchant wholesaler, from Berkshire Partners LLC (Berkshire), for USD 3 bil, in a secondary buyout transaction. Originally, in January 2018, Berkshire announced that it was seeking a buyer for its SRS unit. Leonard was rumored to be potential bidder. Previously, Berkshire acquired an undisclosed majority interest in SRS. www.buyoutsnews.com May 14, 2018 | BUYOUTS | 37 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)

04/25/18 Breevast BV- Lessors Of HighBrook HighBrook - NETHERLANDS - HighBrook Investment Management LP of the US planned Mesdag Delta Nonresidential Investment Invest Mgmt to acquire Mesdag Delta portfolio of Breevast BV, an Amsterdam- based Portfolio(56) Buildings (Except Management LP LP real estate and investment firm, ultimately owned by Cenocorp BV, in a Miniwarehouses) leveraged buyout transaction. TELECOMMUNICATIONS Rank Date Target Name Target Short Acquiror Full Name Acquiror Ranking Value Synopsis Business Ultimate inc. Net Debt of Description Parent Target ($Mil)

04/24/18 Mitel Networks Develops Investor Group Investor 1623.073 CANADA - An investor group, comprised of Searchlight Capital Partners Corp IP-based Group LP, definitively agreed to acquire the entire share capital of Mitel Networks communications Corp, a Kanata-based manufacturer of wireless communications software equipment, for CAD 11.15 (USD 8.679) in cash per share, or a total value of CAD 1.35 bil (USD 1.051 bil) in cash, in a leveraged buyout transaction.

Closed LBOs By U.S. Sponsors (April 14, 2018 - April 29, 2018) 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)

04/16/18 Atrium Windows Metal Window Clayton Dubilier Clayton Dubilier - US - Clayton Dubilier & Rice LLC (CD&R), a unit of Clayton Dubilier & & Doors Inc and Door & Rice LLC & Rice LP Rice LP Holdings, acquired Atrium Windows & Doors Inc, a Dallas- Manufacturing based manufacturer of metal windows and doors, in a leveraged buyout transaction. Concurrently, CD&R acquired Ply Gem Holdings Inc.

04/17/18 ReSource Pro LLC Human DFW Capital DFW Capital - US - DFW Capital Partners LP acquired an undisclosed majority Resources and Partners LP Partners LP interest in ReSource Pro LLC, a New York City- based provider of Executive Search human resources and executive search consulting services, in a Consulting leveraged buyout transaction. Services

04/23/18 Athletica Sport Sporting and Fulcrum Capital Fulcrum Capital - CANADA - Fulcrum Capital Partners Inc acquired Athletica Sport Systems Inc Recreational Partners V LP Partners Systems Inc, a Waterloo-based sporting and recreational goods and Goods and supplies merchant wholesaler, in a leveraged buyout transaction. Supplies Terms were not disclosed. Merchant Wholesalers

04/17/18 Consilio LLC Legal Counsel GI Partners LLP GI Partners LLP - US - GI Partners LLP acquire Consiliod LLC, a Washington- based and Prosecution electronic discovery and document review services, from Shamrock Capital Advisors LLC, in a secondary buyout transaction. Originally, Shamrock Capital Advisors LLC acquired an undisclosed majority interest in Consilio LLC.

04/16/18 Grand Materials Landscaping Pioneer Sand JLL Partners Inc - US - Pioneer Sand Co Inc, a unit of JLL Partners Inc, acquired Grand & Supply Inc Services Co Inc Materials & Supply Inc, a Surprise-based provider of landscaping services.

04/17/18 Bluepoint Professional and Simplify Leeds Equity - US - Simplify Compliance LLC, a unit of Leeds Equity Partners LLC, Leadership Management Compliance LLC Partners LLC acquired Bluepoint Leadership Development Inc, a Milford- based Development Inc Development provider of professional and management development training Training services.

04/16/18 Next Step Test Exam New Harbor New Harbor - US - New Harbor Capital LLC (NHC) acquired Next Step Test Preparation LLC Preparation and Capital LLC Capital LLC Preparation LLC, a Chicago- based provider of exam preparation and Tutoring tutoring services, in a leveraged buyout transaction. Concurrently, NHC acquired Blueprint Test Preparation LLC. 38 | BUYOUTS | May 14, 2018 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)

04/23/18 CalAtlantic Security Systems The Riverside Co The Riverside - US - The Riverside Co (Riverside) acquired CalAtlantic Security Security Services (Except Co Solutions (CalAtlantic), a Rocklin-based provider of security services, Solutions Locksmiths) from HB Brooks International Inc, in a leveraged buyout transaction. Concurrently, Riverside acquired National Monitoring Center (NMC). On completion, CalAtlantic merged with NMC.

04/23/18 National Security Systems The Riverside Co The Riverside - US - The Riverside Co (Riverside) acquired National Monitoring Monitoring Services (Except Co Center (NMC), a Lake Forest-based provider of video monitoring Center Locksmiths) services, in a leveraged buyout transaction. Concurrently, Riverside acquired CalAtlantic Security Solutions (CalAtlantic). On completion, CalAtlantic merged with NMC. 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)

04/16/18 A & W Oil & Tire Wholesales RelaDyne LLC Audax Group LP - US - RelaDyne LLC, a unit of Audax Group LP, acquired A & W Oil & Co Inc petroleum and Tire Co Inc, a Waynesboro-based petroleum and petroleum products petroleum merchant wholesaler. products

04/23/18 Meridian Waste Solid Waste Warren Equity Warren Equity 78.8 US - Warren Equity Partners LLC acquired the entire share capital of Solutions Inc- Collection Partners LLC Partners LLC solid waste management group of Meridian Waste Solutions Inc, an Solid Waste Atlanta-based provider of solid waste collection services, for a total Management of USD 78.8 mil, in a leveraged buyout transaction. The transaction Group consisted of USD 3 mil in cash and the assumption of USD 75.8 mil in liabilities. 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)

04/24/18 BK-JET Insurance Insurance Hub Hellman & - US - Hub International Ltd, a unit of Hellman & Friedman LLC, Inc Agencies and International Ltd Friedman LLC acquired BK-JET Insurance Inc, a Spokane- based insurance agency. Brokerages Terms were not disclosed.

04/16/18 Slattery GA Insurance BenefitMall INC The Carlyle - US - BenefitMall INC, a unit of The Carlyle Group LP, acquired Slattery Agencies and Group LP GA, a Holmdel-based insurance agency. Brokerages 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)

04/16/18 Nasdaq Inc- Internet West Corp Apollo Global 335 US - West Corp, a unit of Apollo Global Management LLC, acquired Public Relations Publishing and Management public relations solutions & digital media services of Nasdaq Inc, a Solutions & Broadcasting LLC New York-based exchange operator, for an estimated USD 335 mil. Digital Media and Web Search Services Portals

04/26/18 Connecture Inc Dvlp web-based Francisco Francisco 108.139 US - Francisco Partners LP merged with Connecture Inc, a Brookfield- sales software Partners LP Partners LP based provider of web-based consumer shopping, enrollment and retention platform services for health insurance distribution, for USD 0.35 per share, or a total USD 8.126 mil, in a leveraged buyout transaction.

04/16/18 Leviathan Data Processing, Frontier Data Granahan - US - Frontier Data Corp, a unit of Granahan McCourt Capital LLC, Analytics Hosting, and Corp McCourt Capital acquired the entire share capital of Leviathan Analytics, provider of Related Services LLC data processing and hosting services. www.buyoutsnews.com May 14, 2018 | BUYOUTS | 39 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)

04/25/18 Energy Automatic Albireo Energy Huron Capital - US - Albireo Energy LLC, a unit of Huron Capital Partners LLC, Management Environmental LLC Partners LLC acquired Energy Management Control Corp, a Long Island City-based Control Corp Control manufacturer of automatic environmental controls. Manufacturing For Residential, Commercial, and Appliance Use

04/18/18 Remote DBA Data Processing, Madison Madison - US - Madison Dearborn Partners LLC acquired Remote DBA Experts Experts LLC Hosting, and Dearborn Dearborn LLC, a Pittsburgh- based provider of data processing and hosting Related Services Partners LLC Partners LLC services, in a leveraged buyout transaction. Terms were not disclosed.

04/17/18 VizExplorer Software Morgan Stanley Morgan Stanley - US - Morgan Stanley Expansion Capital LP, a unit of Morgan Stanley Publishers Expansion Investment Management Inc, acquired an undisclosed majority Capital LP interest in VizExplorer, a San Diego- based software publisher, from Endeavor, in a leveraged buyout transaction.

04/20/18 NoPileups Software DRB Systems New Mountain - US - DRB Systems LLC, a unit of New Mountain Capital LLC, acquired LLC-Intellectual Publishers LLC Capital LLC intellectual property & assets of NoPileups LLC, a Boise-based Property & Assets software publisher.

04/23/18 Thinksmart LLC Provide Mitratech TA Associates - US - Mitratech Holdings Inc, a unit of TA Associates Management LP, information tech Holdings Inc Management LP acquired Thinksmart LLC, a Los Angeles- based software publisher. svcs 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)

04/20/18 Blue Sky Other Measuring Fastener Audax Group LP - US - Fastener Distribution Holdings LLC, a unit of Audax Group Industries Inc and Controlling Distribution LP, acquired Blue Sky Industries Inc, a Monterey Park-based Device Holdings LLC manufacturer of measuring and controlling devices. Manufacturing

04/16/18 IMS Reliance Ltd Engineering NQA Aurora Capital - UK - NQA Certification Ltd of India, a unit of NTS Technical Services Services Certification Ltd Group Inc, acquired the entire share capital of IMS Reliance Ltd, a Chelmsford-based provider of engineering services.

04/16/18 La Genovese Tire Fintyre SpA Bain Capital LP - ITALY - Fintyre SpA, a unit of European Tyres Distribution Ltd, Gomme SpA Manufacturing acquired La Genovese Gomme SpA, an Elmas- based manufacturer (Except of tires, in a leveraged buyout transaction. Retreading)

04/16/18 Sala Elektriska Electrical Bravida AB Bain Capital LP - SWEDEN - Bravida AB, a unit of Bain Capital LLC, acquired Sala AB Contractors Elektriska AB, a Sala- based electrical contractor.

04/16/18 Ply Gem Holdings Mnfr,whl Clayton Dubilier Clayton Dubilier 2241.827 US - Clayton Dubilier & Rice LLC (CD&R), a unit of Clayton Dubilier Inc residential & Rice LLC & Rice LP & Rice LP Holdings, acquired the entire share capital of Ply Gem building prod Holdings Inc (Ply Gem), a Cary-based manufacturer of residential exterior building products, from CI Capital Partners LLC (CI Capital), for USD 21.64 in cash per share, or a total value of USD 1.502 bil, in a secondary buyout transaction. Concurrently, CD&R acquired Atrium Corp. Originally, CI Capital acquired Ply Gem.

04/23/18 O'Brien Concrete Poured Concrete Brundage- Peninsula - US - Brundage-Bone Concrete Pumping Inc, a unit of Peninsula Pumping Inc Foundation Bone Concrete Pacific Strategic Pacific Strategic Partners LLC, acquired O'Brien Concrete Pumping and Structure Pumping Inc Pa Inc, a Denver-based structure contractor. Terms were not disclosed. Contractors

03/29/18 Mavis Tire Supply Wholesale tires Express Oil Golden Gate - US - Express Oil Change LLC, a unit of Golden Gate Capital Inc, Corp Change LLC Capital Inc acquired Mavis Tire Supply Corp, a Millwood-based tires and tubes merchant wholesaler, from Onex Corp. 40 | BUYOUTS | May 14, 2018 www.buyoutsnews.com MARKET INTELLIGENCE

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)

04/16/18 Fedrigoni SpA Paper (Except Bain Capital Bain Capital LP - ITALY - Bain Capital Private Equity LP of the US, a unit of Bain Capital LP, Newsprint) Mills Private Equity LP acquired an undisclosed majority interest in Fedrigoni SpA, a Verona- based paper mill operator, in a leveraged buyout transaction. Terms were not disclosed but, according to sources close to the situation, the deal was valued at an estimated EUR 700 mil (USD 855.4 mil).

04/17/18 B&B Tritech Inc All Other Vantage HIG Capital LLC - US - Vantage Specialty Chemicals, a unit of HIG Capital LLC, acquired Miscellaneous Specialty B&B Tritech Inc, a Hialeah-based manufacturer of chemical products. Chemical Chemicals Product and Preparation Manufacturing

04/18/18 Centrex Plastics All Other Investor Group Investor Group - US - An investor group, comprised of American Plastics LLC, LLC Plastics Product Highview Capital LLC and Victory Park Capital Advisors LLC acquired Manufacturing Centrex Plastics LLC, a Findlay-based manufacturer of plastics products. Terms were not disclosed.

04/25/18 Girtman & Lumber, Cook & Ridgemont - US - Cook & Boardman Inc, a unit of Ridgemont Partners Associates Inc Plywood, Boardman Inc Partners Management LLC, acquired Girtman & Associates Inc, a La Vergne- Millwork, and Management based millwork merchant wholesaler, from Bass Security Services Wood Panel Inc. Merchant Wholesalers

04/22/18 True Value Co Whl hardware, ACON TPG Capital LP - US - ACON Investments LLC, a unit of TPG Capital LP, acquired 70% (TruServ Corp) paints, varnishes Investments LLC interest in True Value Co (TruServ Corp), a Chicago-based millwork merchant wholesaler, from TruServ Corp, in a leveraged buyout transaction. Terms were not disclosed. 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)

04/27/18 Cirsa Gaming Own, operate Blackstone Blackstone - SPAIN - Blackstone Group LP (Blackstone) of the US acquired the Corp SA casinos Group LP Group LP entire share capital of Cirsa Gaming Corp SA (Cirsa), a Terrassa-based casino operator, 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 2 bil (USD 2.426 bil). Originally, Cirsa was rumored to be seeking a buyer for the company. Blackstone, Apollo and Cerberus were rumored bidders.

04/18/18 IFA Hotel & Hotels (Except Hi Partners Blackstone 77.684 GERMANY - Hi Partners Holdco Value Added Sl of Spain, a unit of Touristik AG-IFA Casino Hotels) Holdco Value Group LP Blackstone Real Estate Partners Europe V LP, acquired IFA InterClub Atlantic InterClub Atlantic and Motels Added Sl hotel of IFA Hotel & Touristik AG, a Duisburg- based hotel operator, owned Hotel by Creativ Hotel Buenaventura SA, for a total EUR 62.8 mil (USD 77.684 mil). The consideration consisted of EUR 43.8 (USD 54.181 mil) in cash and the assumption of EUR 19 mil (USD 23.503 mil) in liabilities.

04/25/18 National Mail-It Direct Mail MailSouth Inc Court Square - US - MailSouth Inc, a unit of Court Square Capital Partners LP, Inc Advertising Capital Partners acquired National Mail-It Inc, a Shreveport-based provider of direct mail advertising services.

04/23/18 TMP Worldwide Provides Gemspring Gemspring - US - Gemspring Capital LLC acquired TMP Worldwide Advertising Advertising & advertising, Capital LLC Capital LLC & Communications LLC (TMP), a New York-based advertising Communications recruitment agency, from VSS Mezzanine Partners (VSS), in a secondary buyout LLC services transaction. Originally, an investor group comprised of TMP senior management and VSS acquired TMP.

04/24/18 Holiday Inn Own,op hotels Glenmont Capital Glenmont - US - Glenmont Capital Management LLC acquired Holiday Inn Express & Suites Management LLC Capital Mgmt Express & Suites Detroit Downtown, a Detroit- based hotel operator. Detroit Downtown LLC

04/18/18 Margaritaville Hotels (Except KSL Capital KSL Capital - US - KSL Capital Partners LLC acquired Margaritaville Hollywood Hollywood Beach Casino Hotels) Partners LLC Partners LLC Beach Resort, a Hollywood-based resort operator, in a leveraged Resort and Motels buyout transaction. www.buyoutsnews.com May 14, 2018 | BUYOUTS | 41 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)

04/24/18 Assisted Living Lessors Of Blackstone Blackstone 11.151 UK - Blackstone Capital Partners LP of the US, a unit of Blackstone Properties(8) Residential Capital Partners Group LP Group LP, acquired Assisted Living Properties(8), lessor of residential Buildings and LP buildings and dwellings, for an estimated GBP 8 mil (USD 11.151 mil), Dwellings in a leveraged buyout transaction.

04/26/18 Byggmstare Lessors Of D Carnegie & Blackstone 190.428 SWEDEN - D Carnegie & Co AB, a unit of Vega Holdco Sarl, acquired Anders J Ahlstrm Residential Co AB Group LP portfolio of 1274 apartments of Byggmstare Anders J Ahlstrm Fastighets Fastighets Buildings and AB, a Norsborg-based provider of land subdivision services, ultimately AB-portfolio of Dwellings owned by Byggmastare Anders J Ahlstrom Holding AB, for a total SEK apartments(1274) 1. 6 bil (USD 190.428 mil). The consideration consisted of the 1.016 mil newly issued ordinary shares valued at SEK 131.674 (USD 15.675 mil) and 1.468 bil (USD 174.754 mil) in cash. The shares were valued based on D Carnegie & Co AB's closing stock price of SEK 129.6 (USD 15.428) on 4 April 2018, the last full trading day prior to the announcement. 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)

04/24/18 Lone Star Shoe Stores Boot Barn Freeman Spogli - US - Boot Barn Holdings Inc, a unit of Freeman Spogli & Co, Western & Casual Holdings Inc & Co acquired certain assets of Lone Star Western & Casual LLC, an LLC-Certain Athens-based shoe retailer. Terms were not disclosed. Assets

04/20/18 Pizza Hut(UK)Ltd Own,op pizza Investor Group Investor Group - UK - A management-led investor group, comprised of Jens Hofma restaurants and PRICOA Capital Group Ltd acquired Pizza Hut(UK)Ltd, a Borehamwood- based full-service restaurant operator, from Rutland Partners LLP, ultimately owned by Rutland Trust PLC, in a leveraged buyout transaction. Originally in February 2016 Rutland Partners LLP announced that it was seeking a buyer for Pizza Hut(UK)Ltd.

04/18/18 Fenix Parts Inc Automotive Parts Stellex Capital Stellex Capital 28.361 US - Stellex Capital Management LP merged with Fenix Parts Inc and Accessories Management LP Management LP (Fenix), a Westchester-based automotive parts and accessories retailer, Stores for a total USD 41. 186 mil, in a leveraged buyout transaction. The consideration consisted of USD 0.4 cash per share, or a total of USD 8.186 and assumption of USD 33 mil in liabilities. Originally, Upstate Shredding LLC plan to acquire the entire share capital of Fenix. 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)

04/18/18 thevoicefactory Wired Telecom Evolve IP LLC Great Hill - UK - Evolve IP LLC of the US, a unit of Great Hill Partners LP, acquired Ltd Carriers Partners LP thevoicefactory Ltd, a Cardiff-based wired telecommunications carrier. RECENT TRANSACTIONS Non-Control Deals, U.S. Sponsors (April 14, 2018 - April 29, 2018) 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)

04/17/18 Tax Guard Inc Tax Preparation - Falfurrias Falfurrias - US - Falfurrias Capital Partners LLC acquired an undisclosed Services Capital Capital Partners minority stake in Tax Guard Inc, a Boulder- based provider of Partners LLC tax preparation services, in a privately negotiated transaction.

04/25/18 PlaySight Sports and - Investor Investor Group 10.000 US - An investor group, comprised of CreditEase Israel Interactive Ltd Recreation Group Innovation Fund and PlaySight Interactive Ltd acquired an Instruction undisclosed minority stake in PlaySight Interactive Ltd, a Tenafly- based provider of sports instruction services, for a total USD 10 mil, in a privately negotiated transaction. 42 | BUYOUTS | May 14, 2018 www.buyoutsnews.com MARKET INTELLIGENCE

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)

04/26/18 Integrated Energy Support Activities - Gainline Gainline Capital - US - Gainline Capital Partners LP acquired an undisclosed Services Corp For Oil and Gas Capital Partners LP minority stake in Integrated Energy Services Corp, a New Operations Partners LP York Mills-based provider of support services for oil and gas operations, in a privately negotiated transaction. Terms were not disclosed. 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)

04/16/18 Qingke Group Investment - Investor Investor Group - FLASH: CHINA - An investor group, comprised of Crescent company Group Point Energy Trust and Morgan Stanley Private Equity Asia Ltd acquired an undisclosed minority stake in Qingke Group, a Beijing-based provider of financial investment services.

04/27/18 Gordon Brothers Pvd - Trident VII LP Stone Point - US - Trident VII LP, a unit of Stone Point Capital LLC, Group LLC advisory,financial Capital LLC acquired an undisclosed minority stake in Gordon svcs Brothers Group LLC, a Boston- based portfolio manager, in a privately negotiated transaction. 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)

04/24/18 Revolution Pharmaceutical - Investor Investor Group 56.000 US - An investor group, comprised of Column Group Medicines Inc Preparation Group LP, Casdin Capital LLC, Third Rock Ventures LP, Nextech Manufacturing Invest Ltd and Schroder Adveq Holding AG acquired an undisclosed minority stake in Revolution Medicines Inc, a Redwood City-based manufacturer of pharmaceutical preparation, for a total USD 56 mil, in a privately negotiated transaction.

04/19/18 Emboline Inc Medical, Dental, - Investor Investor Group 10.000 US - An investor group, comprised of SV Tech Ventures and Hospital Group and Shangbay Capital LLC acquired an undisclosed Equipment and minority stake in Emboline Inc, a Santa Cruz-based Supplies Merchant medical equipment and supplies merchant wholesaler, Wholesalers for an estimated USD 10 mil, in a privately negotiated transaction.

04/16/18 Intact Vascular Surgical and - Investor Investor Group 20.000 US - An investor group, comprised of Quaker Partners Inc Medical Instrument Group Management LP, HIG BioHealth Partners LLC, a unit of HIG Manufacturing Capital LLC and New Enterprise Associates Inc acquired an undisclosed minority stake in Intact Vascular Inc, a Wayne-based manufacturer of medical instruments, for a total USD 20 mil, in a privately negotiated transaction.

04/18/18 Hulin Health LLC Provide - Shore Capital Shore Capital - US - Shore Capital Partners LLC acquired an undisclosed medical,health svcs Partners LLC Partners LLC minority stake in Hulin Health LLC, a Chicago-based provider of ambulatory health care services, in a privately negotiated transaction. 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)

04/21/18 Viewpoint Inc Software Publishers Credit Suisse Bain Capital Bain Capital LP - US - Bain Capital LP raised its interest by acquiring Group LP an undisclosed minority stake in Viewpoint Inc, a Canaccord Portland- based software publisher, from TA Associates Genuity Management LP and Updata Partners, a unit of Updata Advisors Inc, in a privately negotiated transaction. www.buyoutsnews.com May 14, 2018 | BUYOUTS | 43 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)

04/26/18 POPxo Internet Service - Investor Investor Group 5.530 INDIA - An investor group, comprised of IDG Ventures Providers Group India, a unit of IDG Ventures Ltd, GREE Ventures Inc, Kalaari Capital Advisors Pvt Ltd, Neoplux Technology Valuation Investment Fund, Summit Media and Guangdong OPPO Mobile Telecommunications Corp Ltd acquired an undisclosed minority stake in POPxo, a New Delhi-based internet service provider, for a total INR 370 mil (USD 5.53 mil), in a privately negotiated transaction.

04/26/18 Traackr Inc Software Publishers - Investor Investor Group 9.000 US - An investor group, comprised of Workhorse Capital Group LLC and You & Mr Jones Inc acquired an undisclosed minority stake in Traackr Inc, a San Francisco- based public relations agency, for a total USD 9 mil, in a privately negotiated transaction.

04/25/18 Doctor on Software Publishers - Investor Investor Group 74.000 US - An investor group, comprised of Princeville Global, Demand Inc Group Goldman Sachs Investmen tPartners Private Opportunities Offshore Fund, a unit of Goldman Sachs & Co, Venrock, Shasta Ventures, and Tenaya Capital Inc acquired an undisclosed minority stake in Doctor on Demand Inc, a San Francisco-based software publisher, for a total USD 74 mil, in a privately negotiated transaction.

04/25/18 Innovium Inc Other Computer - Investor Investor Group - FLASH : US - An investor group, comprised of Capricorn Peripheral Group Investment Group LLC, Greylock Partners,Walden Equipment Everbright, Walden Riverwood Ventures, jointly owned Manufacturing by Walden International and Riverwood Capital LLC, Redline Capital Management SA, S-Cubed Capital Llc, Paxion Capital LP and Qualcomm Ventures acquired an undisclosed minority stake in Innovium Inc, a San Jose- based manufacturer of computer peripheral equipment. The terms of the transaction were not disclosed, but according to sources close to the transaction, the reported value was estimated at USD 77 mil.

04/18/18 Bookingbug Ltd Software Publishers - Investor Investor Group 13.400 UK - An investor group, comprised of Downing LLP and Group PeakSpan Capital LLC acquired an undisclosed minority stake in Bookingbug Ltd, a London- based software publisher, for a total GBP 9.38 mil (USD 13. 4 mil), in a privately negotiated transaction.

04/17/18 Drift.Com Inc Internet Service - Investor Investor Group 60.000 US - An investor group, comprised of CRV International Providers Group BV, General Catalyst LLC and Sequoia Capital Operations LLC acquired an undisclosed minority stake in Drift.Com Inc, a Boston-based internet service provider, for a total USD 60 mil, in a privately negotiated transaction.

04/20/18 Seco SpA Printed Circuit - Fondo FII Neuberger 12.344 ITALY - Fondo FII Tech Growth, a unit of Fondo Italiano Assembly Tech Growth Berman Group d'Investimento SGR SpA, acquired an undisclosed (Electronic LLC minority stake in Seco SpA, an Arezzo-based Assembly) manufacturer of printed circuit assemblies, for a total Manufacturing EUR 10 mil (USD 12.344 mil), in a leveraged buyout transaction.

04/17/18 Harri LLC Internet Service - NRD Capital NRD Capital - US - NRD Capital Management LLC acquired an Providers Management Management undisclosed minority stake in Harri LLC, a New York City- LLC LLC based internet service provider, in a privately negotiated transaction.

04/17/18 Spirion LLC Software Publishers - The Riverside The Riverside - US - The Riverside Co acquired an undisclosed minority Co Co stake in Spirion LLC, a Saint Petersburg-based provider of information technology security and data privacy software, a unit of Inverness Graham Investments, ultimately owned by The Graham Group Inc, in a privately negotiated transaction. 44 | BUYOUTS | May 14, 2018 www.buyoutsnews.com MARKET INTELLIGENCE

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)

04/26/18 Numat Industrial - Investor Investor Group 12.400 US - An investor group acquired an undisclosed Technologies Inc Machinery and Group minority stake in Numat Technologies Inc, a Skokie- Equipment based industrial machinery and equipment merchant Merchant wholesaler, in a privately negotiated transaction. The deal Wholesalers had a reported value of USD 12.4 mil. 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)

04/24/18 Kidbox.com Inc Mail-Order Houses - Investor Investor Group 15.300 US - An investor group, comprised of Canvas Ventures, Group HDS Capital LLC and Firstime Ventures acquired an undisclosed minority stake in Kidbox.com Inc, a New York City-based mail-order house, for a total USD 15.3 mil, in a privately negotiated transaction. EXITS U.S. Sponsor Sales Via M&A (April 14, 2018 - April 29, 2018) CONSUMER PRODUCTS AND SERVICES Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

04/17/2018 ReSource Pro LLC DFW Capital Partners DFW Capital - US - DFW Capital Partners LP acquired an undisclosed majority interest in LP Partners LP ReSource Pro LLC, a New York City- based provider of human resources and executive search consulting services, in a leveraged buyout transaction.

04/17/2018 Own The Kohlberg & Co LLC Pure Hockey - US - Pure Hockey LLC acquired 2 of Own The Moment, a Toronto-based Moment-(2) LLC manufacturer of sporting and athletic goods, owned by Nike Bauer Hockey USA Inc. CONSUMER PRODUCTS AND SERVICES Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

04/17/2018 Consilio LLC Shamrock Capital GI Partners - US - GI Partners LLP acquire Consiliod LLC, a Washington- based electronic Advisors LLC LLP discovery and document review services, from Shamrock Capital Advisors LLC, in a secondary buyout transaction. Originally, Shamrock Capital Advisors LLC acquired an undisclosed majority interest in Consilio LLC. FINANCIALS Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

04/20/2018 Rhone Group LLC Rhone Group LLC Eurazeo SE 272.494 US - Eurazeo SA (Eurazeo) of France acquired a 30% stake in Rhone Group LLC, a New York City-based financial sponsor, for a total USD 272. 494 mil, in a privately negotiated transaction. The consideration consisted of USD 100 mil in cash and the issuance of 2 mil newly- issued shares valued at USD 172.494. The shares were valued based on Eurazeo's closing stock price of USD 86. 247 (EUR 72.85) on 28 November 2017, the last full trading day prior to the announcement.

04/16/2018 Cunningham Stone Point Capital Sedgwick - US - Sedgwick Claims Management Services Inc acquired Cunningham Lindsey Lindsey Group Inc LLC Claims Group Inc, a Tampa-based provider of claims and risk management services, Management from Stone Point Capital LLC. Services Inc www.buyoutsnews.com May 14, 2018 | BUYOUTS | 45 MARKET INTELLIGENCE

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

04/21/2018 Viewpoint Inc Bain Capital LP Bain Capital - US - Bain Capital LP raised its interest by acquiring an undisclosed minority LP stake in Viewpoint Inc, a Portland- based software publisher, from TA Associates Management LP and Updata Partners, a unit of Updata Advisors Inc, in a privately negotiated transaction.

04/19/2018 Bolder Healthcare Lazard Ltd Nielsen - US - Cognizant Corp, a unit of Nielsen Media Research Inc, acquired Bolder Healthcare Solutions LLC Media Solutions LLC, a Louisville- based provider of revenue cycle management services, from Research Inc JZ Capital Partners Ltd and The Edgewater Funds. Terms were not disclosed.

04/17/2018 Spirion LLC The Graham Group Inc The Riverside - US - The Riverside Co acquired an undisclosed minority stake in Spirion LLC, a Co Saint Petersburg-based provider of information technology security and data privacy software, a unit of Inverness Graham Investments, ultimately owned by The Graham Group Inc, in a privately negotiated transaction. INDUSTRIALS Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

04/16/2018 Ply Gem Holdings CI Capital Partners LLC Clayton 2241.827 US - Clayton Dubilier & Rice LLC (CD&R), a unit of Clayton Dubilier & Rice LP Inc Dubilier & Holdings, acquired the entire share capital of Ply Gem Holdings Inc (Ply Gem), Rice LLC a Cary-based manufacturer of residential exterior building products, from CI Capital Partners LLC (CI Capital), for USD 21.64 in cash per share, or a total value of USD 1.502 bil, in a secondary buyout transaction. Concurrently, CD&R acquired Atrium Corp. Originally, CI Capital acquired Ply Gem.

04/19/2018 EDGE Olympic Lotus Innovations LLC Investor - NETHERLANDS - An investor group (IG), comprised of TIAA Henderson Real Estate Ltd, a Group unit of Nuveen Investments Inc and Cityhold Office Partnership acquired EDGE Olympic, an Amsterdam-based housing constructor, from Edge Technologies Inc, ultimately owned by Lotus Innovations LLC. Concurrently, IG planned to acquire EDGE Grand Central. MATERIALS Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

04/23/2018 Demilec Inc Sun Capital Partners Huntsman 350.000 US - Huntsman Corp acquired Demilec Inc, an Arlington- based manufacturer of Inc Corp foam products, from Sun Capital Partners Inc, for USD 350 mil in cash. TELECOMMUNICATIONS Date Target Name Target Ultimate Parent Acquiror Full Ranking Value Synopsis Effective Name inc. Net Debt of Target ($Mil)

04/18/2018 Anaren Inc Veritas Capital TTM 775.000 US - TTM Technologies Inc acquired the entire share capital of Anaren Inc, a Partners LP Technologies Syracuse-based manufacturer of wireless communications equipment, from Inc Veritas Capital Fund IV LP, ultimately owned by Veritas Capital Partners LP, for an estimated USD 775 mil in cash.

U.S. Sponsor Sales Via IPOs (April 14, 2018 - April 29, 2018) 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

04/25/18 CERIDIAN HCM Financials 462.000 2700.000 22.000 21.000 CDAY Thomas Lee Partners; Canaee Partners HOLDING INC.

04/18/18 GrafTech Materials 525.000 4500.000 15.000 35.000 EAF Brookfield Asset Management International Ltd