Portfolio Company Investments

The company descriptions presented below are based on the facts and circumstances that existed at the date of the original investment by the relevant Peninsula fund. Descriptions have not been updated for changes at the companies’ businesses occurring subsequent to the transaction date.

Sort portfolio deals by investment status: ALL | ACTIVE | INACTIVE

Northeast HVAC Engineering & Distribution Company

October 2022 | Subordinated Debt and Common Equity | Independent Sponsor Recapitalization

Investment Status: Active

The Company is an application engineering and HVAC equipment distribution firm with a blue-chip OEM line card. The Company provides application/project engineering services for commercial/industrial/educational/governmental customers in connection with HVAC system installation or replacement. The Company specializes in “electrification” of HVAC systems for customers seeking to replace fossil fuel legacy systems to achieve a smaller carbon footprint and/or comply with evolving government regulations. The Company has built a strong reputation as a premier design partner and value-added service provider of such services and products.

Wisconsin’s Best

www.wisconsinbest.com

November 2022 | Subordinated Debt and Common Equity | Majority Recapitalization

Investment Status: Active

Based in Wisconsin, Wisconsin’s Best is a processor and distributor of branded cheese and meat snack products that are sold nationally in convenience stores and truck stops, and direct-to-consumer via eCommerce channels. The products are sold under the “Wisconsin’s Best” and “Wisconsin Cheese Company” brands.

Skytech

www.skytechpg.com

May 2022 | Subordinated Debt and Common Equity | Majority Recapitalization

Investment Status: Active

Based in the Midwest, Skytech designs and sells a complete suite (totaling over 700 SKUs) of electronic controls, gas valve systems and accessories for the hearth industry. The Company provides products to over 300 customers including both fireplace OEMs as well as distributors for the dealer market.

Strolleria

www.strolleria.com

December 2021 | Subordinated Debt and Common Equity | Majority Recapitalization

Investment Status: Active

Based in the Southwest, Strolleria is an e-tailer of high-end/luxury baby mobility products such as strollers, joggers, car seats, travel bags and related accessories. Typical customers are affluent parents who value brand image and high-quality products, and demand a high-touch and collaborative shopping experience. The Company sells a number of notable brands, including UPPAbaby, Nuna, Bugaboo, BOB and Cybex, among others.

Escapology

www.escapology.com

July 2021 | Subordinated Debt and Common Equity | Majority Recapitalization

Investment Status: Active

Headquartered in Orlando, FL, Escapology is the world’s largest operator/franchisor (by location) of escape room venues. An escape room is an entertainment experience in which a team of players discover clues, solve puzzles and complete tasks in order to progress through the room and ultimately “escape”. Each escape room is a highly stylized, themed experience, such as a train car or stately manor, making the game experience more engaging and memorable. The Company operates under a model which combines corporate-owned venues with a global franchise network.

Helix Diagnostics

www.helixmdx.com

January 2021 | Subordinated Debt | Recapitalization

Investment Status: Active

Headquartered in Waterford, MI, Helix is one of Michigan’s fastest growing independent providers of clinical laboratory diagnostic services to clients and patients in Michigan and several other states. The Company offers a range of diagnostic testing services including: blood, toxicology, pathogen detection, and pharmacogenomics testing.

Centaris

www.centaris.com

December 2020 | Subordinated Debt and Common Equity | Majority Recapitalization

Investment Status: Active

Headquartered in Metro Detroit, MI, Centaris is a leading provider of information technology and telephony services, primarily to small- and medium-sized enterprises. The Company was formed via the simultaneous acquisition and merger of two successful businesses, both of which have been in operation for over 40 years.

Edge One, LLC

www.edgeone.com

December 2020 | Subordinated Debt and Common Equity | Independent Sponsor Majority Recapitalization

Investment Status: Active

Headquartered in Stoughton, Wisconsin, Edge One is one of the Midwest’s largest independent full-service providers of automatic teller machines (ATMs) and other financial equipment to both financial and retail customers. Over the past 25 years, Edge One has expanded to multiple locations and become an integrated, single-source ATM service provider, offering hardware, software, transaction processing, compliance management, and secure cash replenishment and transport.

CIDS, LLC

www.cidsinc.com

December 2020 | Subordinated Debt and Common Equity | Independent Sponsor Buyout

Investment Status: Active

Headquartered in South Carolina, CIDS provides remediation services for environmentally-sensitive materials, especially asbestos to institutional and commercial markets. The Company also provides complementary services such as interior demolition, roll-off containers and material recycling services.

Dart Casting, Inc.

www.dartcasting.com

September 2020 | Subordinated Debt and Common Equity | Independent Sponsor Buyout

Investment Status: Active

The Company is a full-service aluminum die casting operation that specializes in low volume, high-mix parts for the consumer, home improvement and industrial end markets.

ArcLight Dynamics, LLC

www.arclightcnc.com

July 2020 | Subordinated Debt and Preferred Equity | Independent Sponsor Buyout

Investment Status: Active

The Company is designer and manufacturer of computer numeric control (“CNC”) plasma cutting tables and related equipment. The Company produces cost-effective, entry-level tables for hobbyists and small businesses as well as larger cutting tables used in a variety of industrial settings such as automotive, aerospace and manufacturing.

Burlington Medical, LLC

www.burmed.com

July 2020 | Subordinated Debt | Strategic Acquisition

Investment Status: Active

The Company is a leading manufacturer and reseller of radiation safety equipment for medical professionals. The Company sells a variety of safety items, including aprons, glasses, thyroid shields, gloves, barriers and sleeves.

Wild Wing Hospitality, Inc.

www.wildwingrestaurants.com

February 2020 | Senior Debt and Warrant | Recapitalization

Investment Status: Active

The Company is the franchisor of fast-casual restaurants, presently consisting of 95 franchise locations in Canada.

Power Vac, LLC

August 2019 | Subordinated Debt and Common Equity | Independent Sponsor Recapitalization

Investment Status: Active

Headquartered in Novi, MI, Power Vac is a provider of hydro-excavation services as well as, plumbing, electrical and HVAC maintenance and repair services to retailers, municipalities, utilities, contractors, schools and hospitals. The Company has a history of being acquisitive and maintains a diversified customer base of mostly small- and medium-sized enterprises.

PLS Marketing Solutions, Inc.

June 2019 | Subordinated Debt and Common Equity | Recapitalization

Investment Status: Active

The Company is a Midwest-based provider of community-focused direct mail marketing services. The Company operates in four primary metro areas in the Midwest and maintains a diversified customer base of mostly small- and medium-sized enterprises. Advertisements are generally business-to-consumer (“B2C”) and the vast majority contain a coupon component.

American Alloy

www.american-alloy.com

November 2018 | Subordinated Debt and Preferred Equity | Independent Sponsor Buyout

Investment Status: Active

The Company is a Pacific Northwest-based manufacturer of short-run, metal production components and subassemblies that has an extensive range of fabrication and finishing capabilities. The Company serves customers in the food packaging, aerospace maintenance, repair and overhaul, construction safety equipment and telecommunications infrastructure industries.

Tighe Logistics Group, Inc.

tighe-co.com

April 2018 | Subordinated Debt and Common Equity | Independent Sponsor Buyout

Investment Status: Active

The Company provides third-party logistics services to a diversified client base. The Company offers a full suite of logistics services, including temperature-controlled transportation and warehousing in the New England region.

PLM Holdings, LLC

www.plmus.com

January 2018 | Subordinated Debt and Common Equity | Independent Sponsor Buyout

Investment Status: Active

The Company provides asphalt and concrete surface repair, replacement, maintenance and construction services, in the Rocky Mountain region. The Company performs these services for suburban municipalities, industrial customers, property managers, home owner associations and general contractors.

Allivet, Inc.

www.allivet.com

February 2017 | Subordinated Debt and Preferred Equity | Independent Sponsor Buyout

Investment Status: Active

The Company is an online retailer of pet pharma (prescription and non-prescription) and other health products, processing tens of thousands of orders annually in all 50 states and internationally.

Shape Dynamics International, Inc./Anderson Global

www.andersonglobal.com

September 2016 | Subordinated Debt | Dividend and Recapitalization

Investment Status: Active

The Company is a leading tooling manufacturer providing design, engineering and production services to foundries and manufacturers serving the automotive, heavy-equipment, military, agricultural, marine, appliance and aerospace industries.

Hygrade Metal Moulding Manufacturing Corp

www.hygrademetal.com

May 2016 | Subordinated Debt, Preferred and Common Equity | Independent Sponsor Buyout

Investment Status: Active

The Company designs, manufacturers, and markets a full range of roll-formed steel and aluminum components utilized primarily by North American residential window and door manufacturers. The Company’s products are used to improve the thermal efficiency of insulating glass (“IG”) and to enhance the appearance and strength of windows and doors. The Company’s products are primarily used in vinyl windows and include stiffeners, spacers, muntin, and screen frames.

MMGY Global, LLC

www.mmgyglobal.com

February 2016 | Subordinated Debt, Preferred and Common Equity | Independent Sponsor Buyout

Investment Status: Active

The Company is the world’s largest independent and fully integrated marketing services provider exclusively focused on the travel, hospitality, destination entertainment and leisure markets, providing a full range of marketing services, including advertising, public relations, social media management and program management.

Retail Franchisor

January 2016 | Subordinated Debt and Common Equity | Independent Sponsor Buyout

Investment Status: Active

The Company is a franchisor of over 340 newsstands in North America, leasing space from 40 square feet to 3,300 square feet in high traffic, easily accessed, lobby locations, transit locations, high‐rise office towers, shopping centers and street stores. Units are essentially convenience stores operating in a wide variety of locations such as hotels, casinos, subways, large office and residential projects.

Bristol Graphics, Inc. d/b/a Bristol ID Technologies

www.bristolid.com

November 2015 | Subordinated Debt and Common Equity | Independent Sponsor Buyout

Investment Status: Active

The Company is a niche manufacturer of non-financial plastic cards. The primary uses are access control/security, loyalty/gift/hospitality programs and promotional applications. The Company has a particular focus on RFID-enabled cards which are increasingly used in access control and security applications.

Burlington Medical, LLC

www.burmed.com

May 2015 | Subordinated Debt and Common Equity | Independent Sponsor Buyout

Investment Status: Active

The Company is a leading manufacturer and reseller of radiation safety equipment for medical professionals. The Company sells a variety of safety items, including aprons, glasses, thyroid shields, gloves, barriers and sleeves.

Herbers Autobody Repair, Inc.

www.herbersautobody.com

April 2015 | Subordinated Debt and Common Equity | Independent Sponsor Recapitalization

Investment Status: Active

The Company operates a chain of five large autobody repair and refinishing facilities that have been serving the Canadian market for decades.

On Location, Inc.

www.onlocationind.com

February 2015 | Common Equity | Independent Sponsor Buyout

Investment Status: Active

The Company is a nationwide provider of labor management needs (install and dismantle) for exhibits (e.g. tradeshows), events (e.g. annual meetings) and environments (e.g. lobby buildouts). The Company’s operations teams cover all of the major convention markets, as well as many of the secondary markets.

Impact XM, Inc.

www.impact-xm.com

January 2014 | Subordinated Debt and Common Equity | Independent Sponsor Recapitalization

Investment Status: Active

February 2015 | Subordinated Debt and Common Equity | Strategic Acquisition

Investment Status: Active

The Company provides strategy, design, program management, fabrication, logistics and storage of displays for exhibits (e.g., tradeshows), events (e.g., annual meetings), and environments (e.g., lobby build-outs). The Company also rents displays and various equipment used in displays, including audio/visual equipment, tables/chairs, food/beverage servers, etc.

Unique Fabricating, Inc.

www.uniquefab.com

March 2013 | Subordinated Debt & Common Equity | Independent Sponsor Buyout

Investment Status: Active

Founded in 1979, the Company is a leader in the engineering and manufacture of multi-material foam, rubber and plastic components utilized in noise, vibration and harshness (NVH) dampening, acoustical management, water and air sealing, decorative and other functional applications within the North American automotive market.

L.A. T Sportswear

www.latapparel.com

December 2011 | Subordinated Debt & Preferred Equity | Independent Sponsor Buyout

Investment Status: Active

The Company designs, sources and distributes proprietary textile products that are mostly sold to wholesalers and clothing customizers for eventual resale to various retail channels.

Allstar Magnetics, LLC

www.allstarmagnetics.com

May 2011 | Subordinated Debt, Preferred Equity & Common Equity | Independent Sponsor Buyout

Investment Status: Active

The Company is a leading North American distributor of specialty metallurgical parts for use in consumer electronics, military, medical equipment, oil and gas, wind power generation, aerospace and general industrial applications.

Computer Integrated Services, LLC

www.ciscony.com

March 2011 | Subordinated Debt & Preferred Equity | Independent Sponsor Buyout

Investment Status: Active

February 2015 | Subordinated Debt & Preferred Equity | Recapitalization and Strategic Acquisition

Investment Status: Active

The Company is a provider of enterprise-level information technology implementation, integration and maintenance services. The Company has hundreds of clients and provides a wide suite of I.T. services and support, including network design, systems implementation, lifecycle maintenance, disaster recovery, outsourced IT functions and identity management/security.