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

Cabinet Essentials Group, LLC (ShelfGenie)

July 2019 | Subordinated Debt | Recapitalization

Investment Status: Inactive

Headquartered in Atlanta, GA, ShelfGenie is a leading franchisor of custom glide-out shelving solutions for residential kitchens, pantries, and bathrooms. The company was founded in 2000 and has grown its franchisee base to include 35+ franchise partners covering 125+ territories across the United States and Canada.

Republic Fire Protection

www.republicfireprotection.com

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

Investment Status: Inactive

Pro-Tec Fire Protection
July 2018 | Subordinated Debt and Preferred Equity | Independent Sponsor Buyout
www.protecfireprotection.com

Aegis Fire & Integrated Services
May 2019 | Subordinated Debt and Preferred Equity | Strategic Acquisition
www.aegisfis.com

Gold Coast Fire and Security
November 2019 | Subordinated Debt and Preferred Equity | Strategic Acquisition
www.goldcoastfireandsecurity.com

Florida Fire Systems
November 2019 | Subordinated Debt and Preferred Equity | Strategic Acquisition
www.floridafiresystems.com

Fire Equipment Company of Florida
July 2020 | Strategic Acquisition
www.fireequipmentcompanyofflorida.com

Superior Fire and Life Safety, Inc.
February 2021 | Strategic Acquisition
www.superiorfiresafety.com

Fire Ranger Marine
Fire Ranger Extinguisher Services
June 2021 | Strategic Acquisition
www.fireranger.com

Republic Fire Protection is a diversified fire-protection services business focused in the Southeastern United States. Services include periodic inspections, safety code compliance, maintenance, and installation of fire extinguishers, sprinkler systems, alarm systems and suppression. The Company serves commercial customers such as industrial facilities, warehouses, office buildings, multi-tenant housing, churches and retail centers.

EnviroForensics, LLC

www.enviroforensics.com

June 2017 | Subordinated Debt and Common Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company provides specialty remediation consulting services, primarily to the dry-cleaning industry. Through its unique competency in insurance archeology, the Company is able to help the owners of contaminated properties identify and negotiate insurance coverage for remediation costs from prior policies.

Cox Transportation Services, Inc.

www.truckingforamerica.com

March 2017 | Subordinated Debt | Recapitalization

Investment Status: Inactive

The Company is an expedited truckload freight transportation services firm focused on time-sensitive intermediate and long-haul routes throughout the United States. The Company also operates a freight brokerage operation.

Truesdell Holding Company

www.truesdellcorp.com

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

Investment Status: Inactive

The Company provides repair, rehabilitation, strengthening and maintenance of complex concrete structures such as bridges, dams and parking garages throughout the United States, with an unique core competency in polymeric coatings.

Lime Light CRM, Inc.

www.limelightcrm.com

February 2016 | Subordinated Debt and Warrant | Strategic Acquisition

Investment Status: Inactive

The Company operates an electronic transaction gateway (i.e., data interchange) for transacting customer payments made to merchants via cards (credit cards, debit cards, prepaid cards, PayPal transactions, ACH, etc.). The Company focuses specifically on e-commerce payments made via mobile devices.

Olson Brothers Pro-Vac, LLC d/b/a Pro-Vac

www.pro-vac.com

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

Investment Status: Inactive

The Company is a leading regional provider of hydro-excavation, pipe inspection, trap pumping and other services. These services are used by utilities, municipalities, construction companies of all kinds, and environmental firms as a safer means (than backhoes and other forms of earth moving) of exploring, digging, maintaining and servicing underground water, gas, sewer, electric and other utility infrastructure.

Transnetyx, Inc.

www.transnetyx.com

April 2015 | Subordinated Debt and Warrant | Independent Sponsor Recapitalization

Investment Status: Inactive

The Company performs genotyping used in various genetics-related studies, which are required to create appropriate control groups to assess efficacy.

Brite-Line Technologies, LLC

www.brite-line.com

March 2015 | Subordinated Debt, Preferred Equity & Common Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company is a leading manufacturer and marketer of engineered, high-performance pavement marking tape for the North American and European markets.

Wild Wing Hospitality, Inc.

www.wildwingrestaurants.com

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

Investment Status: Inactive

The Company is the franchisor of fast-casual restaurants, presently consisting of 87 franchise locations in Canada.

Seaboard Folding Box Company, Inc.

www.seaboardbox.com

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

Investment Status: Inactive

The Company fabricates printed, folded, paperboard cartons primarily for food, hardware and pharmaceutical end-markets, with a core competency in servicing customers with short-run, quick-turnaround orders.

Ashland Industries Holdings, Inc.

www.ashlandind.com

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

Investment Status: Inactive

The Company is a leading manufacturer of earthmoving equipment, specifically tractor-drawn scrapers serving the agricultural, industrial, and construction markets. The Company has an excellent reputation for quality and high market shares in the segments it competes. The Company has a strategic partnership with a major tractor OEM to build scrapers that are compatible with its tractors and sold through their dealers.

PCI Partners, LLC d/b/a Pumps & Controls

www.pumptx.com

November 2013 | Subordinated Debt, Preferred Equity & Common Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company operates as an exclusive and semi-exclusive wholesale distributor of water treatment equipment and accessories manufactured by a leading OEM. Primary product lines include chemical metering pumps, controllers and accessories manufactured by a leading manufacturer of metering pumps.

Fire-Dex, LLC

www.firedex.com

July 2013 | Subordinated Debt & Preferred Equity | Recapitalization

Investment Status: Inactive

The Company is one of the largest manufacturers of protective clothing for firefighters in the U.S. It is a leading industry innovator and offers a full line of coats, pants, helmets, gloves, hoods and boots.

Farren International, LLC

www.hwfarreninc.com

May 2013 | Subordinated Debt | Independent Sponsor Recapitalization

Investment Status: Inactive

The Company provides specialty industrial logistics solutions, including rigging/de-rigging, millwright work, heavy-haul trucking, turnkey plant relocations, sensitive cargo trucking and other ancillary services. Its services are generally mission-critical, time-sensitive and require highly customized solutions. The Company’s customer base includes Fortune 500 companies and spans a variety of industries around the world.

Organic Waste Oil Recycler

February 2013 | Subordinated Debt & Preferred Equity | Growth Capital

Investment Status: Inactive

The company is a renewable waste-to-energy company targeting the used cooking oils market. The company operates its own waste oil collection fleet and recycling centers, and through its proprietary processes, converts the used oils to valuable commodities, such as biodiesel, agricultural feedstock and inputs for other industrial applications.

Floratine Products Group, Inc.

www.floratine.com

December 2012 | Subordinated Debt & Preferred Equity | Recapitalization

Investment Status: Inactive

The Company formulates, manufactures and distributes proprietary foliar biostimulants, nutrients and soil amendments primarily used to manage turfgrass on golf courses and in professional sports stadiums.

Logo Brands, Inc.

www.logobrands.com

October 2012 | Subordinated Debt | Management Buyout

Investment Status: Inactive

The Company is a designer and distributor of licensed sports and leisure products. It is a leader in the non-apparel licensed product market, focused on folding chairs, tents, bags, blankets and coolers.

Smith Brothers Tool Company

www.smithbrotherstool.com

September 2012 | Subordinated Debt & Preferred Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company is an ISO 9001 and AS9100 Rev C certified manufacturer of precision, custom tooling primarily for the aerospace and, to a lesser degree, automotive industries. Products include lay-up tools, bond tooling, check fixtures, destructive test fixtures, precision machine stands, shipping frames, assembly fixtures, drill assemblies and other high-precision, medium- and large-scale tools.

Whitewater Brands, LLC

www.whitewaterbrands.com

September 2012 | Subordinated Debt & Preferred Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company is one of the nation’s largest business-to-business (“B2B”) catalogers and direct marketing (i.e., outbound call center and e-commerce) companies serving the automotive body and mechanical repair shop industries, and, to a lesser degree, the veterinary, construction and trucking industries.

The LIT Group, LLC

www.litigationservices.com

June 2012 | Subordinated Debt & Preferred Equity | Independent Sponsor Buyout and Strategic Acquisition

Investment Status: Inactive

The Company provides deposition and litigation support services to law firms, Fortune 500 corporations and regulatory agencies. Its services include document processing, court reporting, video deposition services, trial services, case management and electronic discovery collection, processing and production. The Company has 24 offices throughout four Southwestern states.

CMK OPS, Inc. d/b/a Carmel Car & Limousine Service

www.carmellimo.com

December 2011 | Subordinated Debt | Recapitalization

Investment Status: Inactive

The Company is the leading dispatcher of community cars providing primarily transportation services to and from major metro airports in the Northeast. The Company has a leading market share and the largest fleet of affiliated drivers in its area of operation.

Dakota Dry Bean, Inc.

www.dakotadrybean.com

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

Investment Status: Inactive

The Company is an innovative processor of dry peas and beans, producing a variety of commercial food stuffs such as fiber, flour, starches and “splits” used in foreign aid food programs, processed foods and pet foods. The Company operates five specialized facilities located in key growing regions of the Northern Plains.

Equibrand Holding Corporation

www.equibrand.com

May 2011 | Subordinated Debt | Independent Sponsor Recapitalization

Investment Status: Inactive

The Company is a diversified equestrian products and service provider with leading market positions in equestrian accessories, publishing and event management.

Kiosk Information Systems, Inc.

www.kiosk.com

January 2011 | Subordinated Debt & Common Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company designs, fabricates and assembles customized, self-service kiosk systems for businesses and governments. These kiosk systems allow the customer to reduce transaction and labor costs, improve internal and external communications, collect real-time information and generate additional revenue through digital advertising.

Triad Racing Technologies, LLC

www.triadrt.com

August 2010 | Subordinated Debt | Independent Sponsor Recapitalization

Investment Status: Inactive

The Company is a leading supplier of racing engines and other parts to motor sports teams.

Particle Dynamics International, LLC

www.particledynamics.com

June 2010 | Subordinated Debt & Common Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company is a manufacturer of pharma-grade ingredients, such as calcium carbonate and magnesium carbonate, which are used by the pharmaceutical, vitamin, mineral and nutritional food industries globally.

Tex Tech Industries, Inc.

June 2010 | Senior Debt | Recapitalization

Investment Status: Inactive

The Company is a leading manufacturer of highly-engineered, woven and non-woven fabrics used in numerous industrial applications, including aerospace, mass transportation, aviation, defense, filtration, ballistics and fire blocking. It is also the dominant worldwide supplier of high performance tennis ball felt. The Company operates facilities in the Northeast U.S. and Asia.

Copperhead Chemical Company, Inc.

July 2009 | Subordinated Debt | Recapitalization

Investment Status: Inactive

The Company is the only FDA-approved North American manufacturer of diluted nitroglycerin used in pharmaceutical products. In addition to its medical market, the Company supplies nitroglycerin-based compounds to the U.S. military and cosmetics industry.

Walpar, LLC

July 2009 | Subordinated Debt & Common Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company is the leading designer and manufacturer of overhead highway signage structures in the Southeastern and Middle Atlantic United States. It designs and manufactures highly-engineered, cantilevered and road-spanning structures that typically hold D.O.T. road signage, but also can be designed to hold electronic traffic instruction signage, traffic cameras and the like.

Aerospace Manufacturing Group, Inc./AMG Huntington Beach, LLC

March 2009 | Subordinated Debt, Preferred Equity & Common Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company is the holding company for two high-precision machining and engineering companies that provide mission-critical components to aerospace and defense OEMs and systems suppliers. Its core competency is manufacturing complex milled and machined parts from small to very large sizes (i.e., in excess of 70 ft.) that require extremely tight tolerances, unique metallurgical properties and multi-step production engineering.

Wisconsin Pharmacal Company, LLC

January 2009 | Subordinated Debt | Recapitalization

Investment Status: Inactive

The Company is a manufacturer and distributor of niche consumer products for the outdoor recreation and over-the-counter health and hygiene markets that are sold mostly through drug store chains as either branded or private-label products.

Kool Holdings, LLC

December 2008 | Subordinated Debt & Preferred Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company is a holding company comprised of two operating divisions; one a leading manufacturer and distributor of automotive aftermarket air conditioning condensers, and the other a distributor of coils and condensers used in various commercial cooling and refrigeration applications.

Tattoo Manufacturing, Inc.

December 2008 | Subordinated Debt & Preferred Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company is the world’s largest producer of temporary tattoos which are used in a wide variety of corporate promotional and consumer applications. Products are sold under a variety of brands and through multiple distribution channels, including specialty advertising distributors, on-line merchants and via retailers such as mass merchandisers and specialty stores.

WatchGuard Video

June 2008 | Subordinated Debt & Preferred Equity | Growth Capital and Minority Shareholder Buyout

Investment Status: Inactive

The Company is a market leader in the design and manufacture of in-car audio/visual recording equipment for law enforcement used to record events for later playback. It was the first to provide an in-car video system that records directly to re-writable DVD-Video discs, allowing for easy storage and transfer of event video.

ClingZ, Inc.

May 2008 | Subordinated Debt & Preferred Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company is a manufacturer of electrostatic, printable films which are distributed to specialty printers for mostly advertising and marketing applications, such as pharmaceutical posters, retail displays, post cards and magazine inserts. The Company’s products are manufactured using multiple patented and proprietary processes which give them unique physical properties, most notably a light electrostatic charge allowing the films to cling to almost any flat, clean surface.

Primary Physicians Research

April 2008 | Subordinated Debt | Independent Sponsor Buyout

Investment Status: Inactive

The Company is an investigative medical research business that conducts clinical trials for the pharmaceutical industry with a focus on vaccines. It is responsible for recruiting patients, dispensing a trial drug or placebo to the patient and collecting patient data during the course of the investigation.

Uniflight, LLC

March 2008 | Subordinated Debt & Preferred Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company is a full-service provider of maintenance services for helicopters, offering overhaul, repair and replacement parts principally for Bell Helicopters.

Southland Sanitation, Inc.

February 2008 | Subordinated Debt & Preferred Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company is a residential, commercial and light industrial waste hauler, operating in and around a Southeastern metropolitan center.

Crimson Trace Corporation

December 2007 | Subordinated Debt & Preferred Equity | Recapitalization and Minority Shareholder Buyout

Investment Status: Inactive

The Company is the world leader in the design and manufacture of laser sights for firearms, and was the first to offer grip-integrated laser sights for guns. The Company has a multi-patented system that builds the laser, power source and activation switch directly into the handgrip.

Aerospace Manufacturing Group, Inc./AMG Torrance, LLC

December 2007 | Subordinated Debt & Common Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company manufactures composite aero-structures for the commercial and military aircraft industries, supplying aircraft ducting, interior panels, ballistic materials, air filtration systems, structural carbon fiber parts and many other components that are used on dozens of aircraft platforms.

Rowley Company, LLC

August 2007 | Subordinated Debt & Preferred Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company is a distributor of products, tools and fasteners used in the making and installation of window treatments and home décor items such as quilts, pillows and upholstery products. Its products are sold to custom fabricators and professional installers nationwide and in 50 countries.

Stampede Presentation Products, Inc.

July 2007 | Subordinated Debt | Recapitalization

Investment Status: Inactive

The Company is a specialty distributor of commercial grade display products, including projectors, thin displays (plasma, LCD & LED) and related accessory products such as mounts, screens, cables, speakers, etc., used in educational, corporate and governmental applications. The Company serves as a “demand aggregator” for smaller electronics dealers, distributors and installers, providing access to the industry’s newest and most advanced A/V equipment.

DMW Wordwide, LLC

June 2007 | Subordinated Debt | Recapitalization

Investment Status: Inactive

The Company is a full-service, direct-response marketing agency. Its clients include insurers, not-for-profit companies and public television stations. The Company designs custom direct marketing programs to acquire, support and retain customers, offering a turnkey approach to direct marketing including creative, graphical, execution, quality control, customer maintenance, enrollment and other services.

Cass Polymers, Inc.

April 2007 | Subordinated Debt, Preferred Equity & Common Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company is a specialty chemical manufacturing company that produces several lines of commercial, industrial and military floor coatings as well as a line of resins, adhesives and fillers for the automotive, yachting and industrial tooling markets.

E-Mon, LLC

February 2007 | Subordinated Debt | Independent Sponsor Buyout

Investment Status: Inactive

The Company is a market leader in the design and manufacture of electrical utility submeters and related energy management systems. Its products are ideally suited to monitor energy use within a multi-tenant building or group of buildings, such as office towers and apartment complexes. The Company also offers complete energy management solutions, including energy-optimization and tenant-usage billing software packages.

TPG Mt. Vernon Marine, LLC

January 2007 | Subordinated Debt | Independent Sponsor Buyout

Investment Status: Inactive

The Company is an inland-waterway harbor-services business which provides various services to barge and dock owners. The Company’s primary business is providing boat services which principally include moving barges from one point to another, such as to and from docks and barge fleets. Long-haul tug boat operators that push up to 30 barges at a time use the Company to remove or add barges from their loads at its river port location. The Company also provides a variety of repair and maintenance services to barge owners.

Trans-Cycle Industries, Inc.

December 2006 | Subordinated Debt | Independent Sponsor Buyout

Investment Status: Inactive

The Company specializes in recycling, refurbishing and disposing of transformers and other oil-filled electrical equipment, including PCB-contaminated components. It generates revenue by assessing fees for safe disposal of oil-filled electrical equipment and the sale of recovered materials such as copper, steel and other valuable metals. The Company is one of only a handful of firms in the U.S. qualified to dispose of PCB-laden components.

WorkLife Financial, Inc.

October 2006 | Subordinated Debt & Preferred Equity | Recapitalization and Growth Capital

Investment Status: Inactive

Professional employer organization that provides integrated human resources services to small- and medium-sized businesses. The Company’s personnel management system offers various services, including benefits and payroll administration, health and workers’ compensation insurance programs, employer liability management and personnel records management.

Haskell Jewels, LLC

October 2006 | Subordinated Debt | Independent Sponsor Buyout

Investment Status: Inactive

The Company is a leading designer, marketer and distributor of fashion jewelry (a/k/a costume jewelry). Founded in 1926, the Company sells both its own branded products and licensed products, including several well-known designer brands, to a wide range of retailers.

Etransmedia Technology, Inc.

June 2006 | Subordinated Debt | Growth Capital

Investment Status: Inactive

The Company is a provider of medical transcription and medical revenue cycle management services to over 150 small- to medium-sized physician’s practices, primarily in the Northeast and Mid-Atlantic States.

Floratine Products Group, Inc.

February 2006 | Subordinated Debt | Management Buyout

Investment Status: Inactive

The Company formulates, manufactures and distributes proprietary foliar biostimulants, nutrients and soil amendments primarily used to manage turfgrass on golf courses and in professional sports stadiums.

ES3, Inc.

February 2006 | Subordinated Debt | Management Buyout

Investment Status: Inactive

The Company specializes in developing creative programs and curriculum used by automotive, truck and heavy equipment OEMs to launch new products, primarily to their retail sales forces. In addition, it develops creative programs and training materials used to educate and inform automotive sales and service teams on existing OEM products.

TriStar Global Energy Solutions, Inc.

February 2006 | Subordinated Debt | Strategic Acquisition

Investment Status: Inactive

The Company provides tank cleaning and related services to the U.S. oil refinery, pipeline and power generation industries. With Peninsula’s financial support, it acquired a formulator and marketer of specialty chemicals used in the decontamination, degassing and cleaning of petrochemical storage vessels and process units in oil refining, power generation and chemical processing plants.

Tensator, Inc.

February 2006 | Subordinated Debt & Senior Term B Debt | Independent Sponsor Strategic Acquisition

Investment Status: Inactive

The Company is a UK-based designer and manufacturer of flexible queue management products used to manage customer flow for retail, entertainment, transportation and other venues. With Peninsula’s financial backing, the Company purchased the largest U.S. distributor of queue management products located in the Northeast. The combined companies are believed to be the largest global providers of such products.

General Wholesale Distributors, LLC

December 2005 | Subordinated Debt & Preferred Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company is the exclusive regional distributor for a major manufacturer of HVAC systems for residential and light commercial applications, distributing HVAC systems and parts to hundreds of dealers/installers throughout its region.

Interasian Resources Group, LLC

November 2005 | Subordinated Debt & Preferred Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company designs, contract manufactures, imports and markets cosmetic bags, travel totes and similar items for fragrance and cosmetic marketers, primarily for use in gift set packaging and gift-with-purchase promotions. The Company also makes handbags for leading fashion companies and electronic device carrying cases (for cell phones, lap tops, etc.) for OEMs and aftermarket suppliers.

Academy of Healing Arts, LLC

September 2005 | Preferred Equity & Common Equity | Leveraged Buyout

Investment Status: Inactive

The Company is a for-profit, vocational school focused on health career programs with an enrollment level of about 300 students. It offers four primary career programs that award students either a diploma or a certificate, including Medical Assistant, Message Therapy, Medical Office IT and Phlebotomy.

Kelly Aerospace, Inc.

May 2005 | Subordinated Debt | Recapitalization

Investment Status: Inactive

The Company designs, manufactures and sells a broad range of electrical components, turbochargers, heaters, fuel systems and airframe components for the general aviation market, as well as turbochargers and related performance enhancing products for the performance automotive aftermarket and certain industrial markets.

NAP Tools, LLC

January 2005 | Subordinated Debt | Independent Sponsor Buyout

Investment Status: Inactive

Founded in 1941, the Company is a leading manufacturer and distributor of cutting tools and is the nation’s largest servicer of cutting tools. It operates 12 regional service centers located throughout the United States and Canada. Peninsula provided additional subsequent financing to support the acquisition of a similar company in Quebec, Canada.

Specialized Packaging Group, Inc.

December 2004 | Subordinated Debt & Preferred Equity | Independent Sponsor Recapitalization

Investment Status: Inactive

The Company is a certified minority-owned converter of box-board into packaging for consumer products companies such as Proctor & Gamble, Unilever and Colgate-Palmolive. It operates two state-of-the-art plants that are capable of producing a wide variety of packaging and graphics. The Company has developed a reputation for its ability to reliably produce technically challenging packaging solutions for its customers.

Americana, LLC

October 2004 | Subordinated Debt | Management Buyout

Investment Status: Inactive

The Company is a residential real estate brokerage company affiliated with the Prudential real estate network. It is the largest firm of its kind in its major metro market and is one of the top ten firms in the Prudential network with over 1,000 affiliated agents.

PartsZone, LLC

September 2004 | Subordinated Debt & Common Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company distributes repair and service parts for industrial-grade construction, mining and forestry equipment, specializing in parts for machinery that is no longer actively supported by the OEM.

CMK OPS, Inc. d/b/a Carmel Car & Limousine Service

www.carmellimo.com

July 2004 | Subordinated Debt & Preferred Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company is the leading dispatcher of community cars providing primarily transportation services to and from major metro airports in the Northeast. The Company has a leading market share and the largest fleet of affiliated drivers in its area of operation.

Tex Tech Industries, Inc.

June 2004 | Subordinated Debt & Preferred Equity | Management Buyout

Investment Status: Inactive

The Company is a leading manufacturer of highly-engineered, woven and non-woven fabrics used in numerous industrial applications, including aerospace, mass transportation, aviation, defense, filtration, ballistics and fire blocking. It is also the dominant worldwide supplier of high performance tennis ball felt. The Company operates facilities in the Northeast U.S. and China.

InGEAR Corporation

June 2004 | Subordinated Debt | Leveraged Buyout

Investment Status: Inactive

The Company is a designer, manufacturer, importer and marketer of a broad range of cut-and-sewn luggage, sports bags, backpacks and soft coolers sold through mass merchandisers and department stores in the United States and Canada.

Tanning Bed, Inc.

June 2004 | Subordinated Debt | Growth Capital

Investment Status: Inactive

The Company operates a chain of indoor tanning centers and is the largest provider of such services in its operating region. The Company’s stores generate over 2.5 million visits annually.

Global Thermoelectric, Inc.

May 2004 | Subordinated Debt | Independent Sponsor Buyout

Investment Status: Inactive

The Company is the leading developer, manufacturer and marketer of low-wattage thermoelectric generators in the world. Its products are used to power instrumentation and communication equipment in remote locations that do not have electrical grid access.

Bruegger’s Enterprises, Inc.

January 2004 | Subordinated Debt | Recapitalization

Investment Status: Inactive

The Company is one of the largest retail chains of fresh bagel bakeries in the United States. The Company consists of a nationwide system of 243 stores in 17 states, including 127 company-owned stores and 116 franchise stores.

NatRock, Inc./ George Schofield Company, Inc.

January 2004 | Subordinated Debt | Independent Sponsor Buyout

Investment Status: Inactive

The Company is a leading wholesaler and fabricator of specialty stone products used in landscaping and construction. Its product lines consists of cut stone for building facades, decorative aggregates, landscaping sands and specialty gravel mixes used in turf beds for golf courses and stadiums.

Cloud Packaging Solutions, LLC

December 2003 | Subordinated Debt | Independent Sponsor Add-On Acquisition

Investment Status: Inactive

The Company is a contract packager of food stuffs, such as powders (i.e., coffee, sugar, powdered drinks), granular products (i.e., ready-to-serve oatmeal, granola) and small pieces (i.e., macaroni, candy). It is also a designer and manufacturer of high-speed, form fill/seal (FFS) packaging machinery and related equipment primarily for food companies. Subsequent to the initial investment in October 2000, the Company acquired a small contract packager serving the OTC pharmaceutical industry requiring an additional investment.

Retail Pet Distributor

December 2003 | Subordinated Debt | Recapitalization & Dividend

Investment Status: Inactive

The Company is the leading distributor of pure-breed puppies to the retail pet industry. It delivers puppies to most major metropolitan areas throughout the U.S. via its fleet of custom-designed, climate-controlled trucks. The Company has developed a rigorous set of standards to safeguard the welfare of its puppies, including requiring breeders to meet certain care standards, maintaining sanitary and comfortable living conditions while at the Company’s facilities and during transport and screening retailers for proper pet care practices.

Tractech, Inc.

March 2003 | Subordinated Debt & Common Warrants | Independent Sponsor Buyout

Investment Status: Inactive

The Company is a leading designer and manufacturer of premium quality traction control differential systems and centrifugal clutch assemblies serving both the original equipment and aftermarket sectors.

CIBT, Inc.

January 2003 | Subordinated Debt & Preferred Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company is the nation’s largest expeditor of international travel documentation (visas and passports) for business travelers. It also offers short-term rental of cellular and satellite phones. Subsequent to the initial investment, additional rounds of capital were provided to support the Company’s acquisitions of similar businesses in the U.S. and Europe.

Deckers Outdoor Corporation

November 2002 | Subordinated Debt | Strategic Acquisition

Investment Status: Inactive

The Company designs, sources and markets three branded lines of fashion and functional footwear. Its brands are internationally recognized and are category leaders. Products are mostly sold via major footwear retailers, department stores and mass merchandisers.

Protective Fabric Manufacturer

November 2002 | Subordinated Debt | Independent Sponsor Add-On Acquisition

Investment Status: Inactive

The Company is a producer of specialty coated fabrics used in myriad healthcare, industrial, agricultural, marine, awning and graphics applications.

We Care Transportation, Inc.

September 2002 | Subordinated Debt | Recapitalization

Investment Status: Inactive

The Company is a regional provider of specialty transportation services operating in three market segments: non-emergency medical transportation; school bus transport; and leisure and tourism. Transport services are provided via a fleet of specialty vehicles including ambulettes, buses, limousines and coaches.

National Heritage Academies, Inc.

September 2002 | Subordinated Debt | Growth Capital

Investment Status: Inactive

The Company is one of the nation’s largest operators of public charter schools focusing on elementary grades. Many of its schools are in areas where the public schools have underperformed, offering a publicly-funded alternative to families with children. The Company operates more than 30 schools in Michigan, North Carolina, New York and Ohio.

AT Plastics, Inc.

January 2002 | Subordinated Debt | Recapitalization

Investment Status: Inactive

The Company is a specialty chemical company consisting of two business units, a specialty polymers division and an industrial film division. The specialty polymers unit develops and manufactures specialty thermoplastic resins (polymers) for use by producers of plastic products. End-use markets for resin products include thermo-laminating films, automotive trim, medical devices, hot-melt adhesives, flexible packaging, foam applications and tubing/piping. The films unit fabricates large-scale industrial films used as greenhouse covers, silage bags and covers for the construction market. Although headquartered in Ontario with manufacturing facilities in Western Canada, the majority of its sales are to customers in the U.S.

American Furniture Manufacturing, Inc. & Clearview AFM Investors, LLC

September 2001 | Subordinated Debt & Common Equity | Leveraged Buyout

Investment Status: Inactive

The Company is a low-cost producer of low price-point upholstered furniture used by furniture retailers as promotional items that are often featured in advertising campaigns to help generate store traffic. The Company sells to most major furniture retailers located in the Midwest and Florida.

All-Pak, Inc.

July 2001 | Subordinated Debt | Management Buyout

Investment Status: Inactive

The Company is a packaging design, distribution and logistics company providing its customers with a wide variety of packaging solutions, including metal and plastic drums, plastic bottles, closures, labels, bags and many other packaging components. It handles over 4,000 SKUs supplied by some 350 manufacturers, enabling it to offer customers a comprehensive array of packaging solutions. The Company also provides value-added services such as container cleaning and subassembly. Primary industries served include food & beverage, consumer products and pharmaceuticals.

Garsite/Progress, LLC & Aviation Holding Investments, LLC

June 2001 | Subordinated Debt & Common Equity | Independent Sponsor Buyout

Investment Status: Inactive

The Company is a holding company comprised of two primary operating divisions, one a major manufacturer of FAA-compliant aviation refueling tank trucks, and the second a manufacturer of steel and aluminum truck-mounted tanks used in the aviation, agriculture, heating oil and waste-hauling industries. The Company also has a controlling interest in a small company that assembles volumetric concrete mixing trucks (i.e., trucks that carry the components of concrete separately and mix them onsite).

Cloud Packaging Solutions, LLC

October 2000 | Subordinated Debt | Independent Sponsor Buyout

Investment Status: Inactive

The Company is a contract packager of food stuffs, such as powders (i.e., coffee, sugar, powdered drinks), granular products (i.e., ready-to-serve oatmeal, granola) and small pieces (i.e., macaroni, candy). It is also a designer and manufacturer of high-speed, form fill/seal (FFS) packaging machinery and related equipment primarily for food companies.

Specialized Packaging Group, Inc.

September 2000 | Subordinated Debt | Independent Sponsor Add-On Acquisition

Investment Status: Inactive

The Company is a certified minority-owned converter of box-board into packaging for consumer products companies such as Proctor & Gamble, Unilever and Colgate-Palmolive. It operates two state-of-the-art plants that are capable of producing a wide variety of packaging and graphics. The Company has developed a reputation for its ability to reliably produce technically challenging packaging solutions for its customers.

Omni Remanufacturing, Inc.

September 2000 | Subordinated Debt | Recapitalization

Investment Status: Inactive

Founded in 1981, the Company is engaged in the remanufacture, configuration, installation, relocation and storage of office furniture, an overwhelming majority of which is Steelcase product. It operates its business in two autonomous, but highly synergistic, divisions, one of which is an exclusive provider of remanufactured Steelcase furniture to all Steelcase dealers in an eight state Midwestern region. The Company’s other division specializes in the configuration, delivery, installation, relocation, warehousing and service of office furniture workstations and, for over 14 years, assumed the role of providing 100% of the service operations for one of Steelcase’s largest and most successful dealerships.

Century Foods International

August 2000 | Subordinated Debt | Growth Capital

Investment Status: Inactive

Founded in 1991, the Company is a formulator, blender and marketer of dairy ingredients to the food and nutritional products industries. It operates out of five plants located in the Midwest. Its core business is the formulation and blending of extracted dry milk ingredients with flavors, colors, etc. for sale to food and sport nutrition companies, as both raw materials in their production or finished goods packaged for shipment directly to retailers.

Holm Industries, Inc.

June 2000 | Subordinated Debt | Independent Sponsor Buyout

Investment Status: Inactive

The Company is a leading manufacturer of gaskets and corrugated plastic tubes for the appliance, building products and automotive industries. It is the largest supplier of refrigerator gaskets and corrugated tubing for the appliance industry in North America. In addition, the Company is a leader in the market for weatherstrip used in the building products industry. Products are made in five plants located throughout the Midwest and one plant located in Tijuana, Mexico.

Riva Sports, Inc.

June 2000 | Subordinated Debt & Preferred Equity | Growth Capital

Investment Status: Inactive

The Company is a designer and marketer of affordable winter recreation and sporting goods products, primarily snowboards and sleds. All manufacturing is outsourced and customers are mostly large mass merchandisers.

Communications Integrators, Inc.

June 2000 | Subordinated Debt | Independent Sponsor Recapitalization

Investment Status: Inactive

Founded in 1988, the Company designs and manufactures quick-connect power components for the office furniture industry. The Company’s products are generally used in modular furniture system applications and provide a broad range of benefits to customers versus traditional power systems, including lower cost, faster installation, easier reconfiguration and improved safety for installers. The Company’s products are sold exclusively through office furniture dealers.

Alsay Holdings, Inc.

May 2000 | Subordinated Debt | Independent Sponsor Buyout

Investment Status: Inactive

Founded in 1977, the Company specializes in drilling and servicing water wells for both the public and private sectors. Water well servicing and drilling is a very regional business and all of the Company’s work is within a 100 mile radius of a major Southwestern metropolitan area. It is the largest water well drilling and servicing company in its market, with more drilling rigs than any competitor and an extensive knowledge of local geology and regulatory requirements.

Delafoil Holdings, Inc.

March 2000 | Subordinated Debt & Common Equity | Leveraged Buyout

Investment Status: Inactive

Founded in 1979, the Company is a deep-draw stamper, manufacturer and assembler of parts used mostly in consumer electronics. The Company provides critical parts to most of the major television manufacturers with North American production facilities.

Plast-O-Foam, LLC

February 2000 | Subordinated Debt & Preferred Equity | Independent Sponsor Buyout Investment Status: Inactive

Investment Status: Inactive

Founded in 1981, the Company is a producer of large-scale, injection molded service parts (i.e., post production parts) for the automotive industry. The majority of its business is Tier 1 to General Motors Corporation and Ford Motor Company. The Company’s core competencies are rapid tool changeover to enable short production runs and an ability to use a wide variety of resins. Approximately 60% of all parts also have some post-molding, valued-added services performed prior to customer delivery, such as painting, plating and/or assembly.

Cass Polymers, Inc.

November 1999 | Subordinated Debt | Independent Sponsor Recap & Growth Capital

Investment Status: Inactive

FNF Construction, Inc.

November 1999 | Subordinated Debt | Independent Sponsor Buyout Investment Status: Inactive

Investment Status: Inactive

The Company is an infrastructure-construction Company, specializing mostly in asphalt paving, but also providing structural concrete fabrication, highway/airport runway painting and drainage/storm-water system construction. It has expanded its capabilities and market share to the point that it has become one of the leading infrastructure construction firms in the Southwest. The Company generally serves as the prime contractor for public sector customers such as federal, state and local governmental authorities in the states of Arizona, Colorado, Nevada, Utah, New Mexico and California.

Foodhandler, Inc.

October 1999 | Subordinated Debt & Common Equity | Leveraged Buyout

Investment Status: Inactive

The Company is a wholesaler of mostly branded, disposable barrier-protection products, such as disposable gloves, plastic aprons, industrial gloves and hair caps, used in the food service and health care industries. Founded in 1969, it has evolved from a limited product line distributor to a branded product and food safety service Company. Customers are primarily distribution companies focusing on the food and healthcare sectors.

Nelson Metal Products Corporation

August 1999 | Subordinated Debt | Growth Capital

Investment Status: Inactive

The Company is a full-service supplier of medium and large aluminum die castings, and is a Tier-1 supplier to both Ford and GM. Produced parts are generally large and/or complex castings such as transmission cases, oil pans, engine bedplates and accessory items. To better serve its customers, the Company has two production centers located in the Midwest and Southeast United States.

Antiqueland USA, Inc.

June 1999 | Subordinated Debt, Preferred Equity & Common Equity | Independent Sponsor Add-On

Investment Status: Inactive

Founded in 1998, the Company is among the first multi-site operator of large footprint (i.e., 25,000 – 100,000 sq. ft.) “antique malls”, which are collections of small, independent retailers of niche products. At the time of the investment, the Company operated 7 antique malls, including five in the Southwest and Midwest.

Paramount Cards Holding Corp.

April 1999 | Subordinated Debt, Preferred Equity & Common Equity | Leveraged Buyout

Investment Status: Inactive

The Company is a publisher of greeting cards that it distributes primarily through deep-discount card shops (including its own chain of 67 card shops), party stores and other discount retail channels. One of the largest greeting card makers in the U.S., the Company specializes in more traditional, premium quality cards that retail at prices 50% or more below the printed price on the card.

Brown Plastics Machinery, LLC

December 1998 | Subordinated Debt | Independent Sponsor Buyout

Investment Status: Inactive

The Company was initially was a consortium of five unrelated companies, all involved in the manufacture and rebuilding of plastics industry machinery and tools. After the acquisition, the new owners set about restructuring the Company by selling three of the entities and focusing their efforts on the remaining two, a manufacturer of rotary thermoforming equipment and a contract rebuilder/refurbisher of machine tools.

International Resources, LLC

November 1998 | Subordinated Debt | Independent Sponsor Buyout

Investment Status: Inactive

Founded in 1991, the Company designs, contract manufactures, markets and sells collectibles, primarily during the Christmas selling season, under trademarked names. It sells its products through over 800 stores in 45 states.

Specialized Packaging Group, Inc.

August 1998 | Subordinated Debt | Independent Sponsor Buyout

Investment Status: Inactive

The Company is a certified minority-owned business that produces specialized paper packaging products for consumer products companies such as Proctor & Gamble, Unilever and Colgate-Palmolive. It operates two state-of-the-art plants that are capable of producing a wide variety of packaging and graphics. The Company has developed a reputation for its ability to produce technically challenging packaging solutions for its customers.

Morley Candy Makers, Inc.

June 1998 | Subordinated Debt | Recapitalization & Growth Capital

Investment Status: Inactive

Founded in 1919, the Company is a well-known regional chocolate and confection maker. The Company produces and sells high-end boxed chocolates into the fund-raising, private label and retail channels, and produces a regionally renowned brand of chocolates and ice cream toppings.

PWD Holding Company

December 1997 | Subordinated Debt | Management Buyout

Investment Status: Inactive

The Company is the exclusive regional distributor for a major window and door manufacturer. The Company sells to local and national home builders, professional remodelers and homeowners. The manufacturer is one of the three largest window makers in the US, and its windows are widely considered to be among the best aluminum-clad wood products in the market. The Company is one of the window maker’s largest and most profitable distributors.

BIW Connector Systems, LLC

December 1997 | Subordinated Debt | Independent Sponsor Buyout

Investment Status: Inactive

The Company is a manufacturer of highly-engineered, patented electrical connectors and cable/connector systems for harsh and demanding environments. The Company’s connectors/cables are used in crude oil production, aircraft ground power, military equipment, underwater environments and various other rigorous applications. The end users of its products include petroleum companies, oil field service/equipment companies, major airlines and the U.S. government.

Hahn Elastomer Corporation

August 1997 | Subordinated Debt | Independent Sponsor Buyout & Growth Capital

Investment Status: Inactive

The Company manufactures and distributes functional elastomeric extrusions/co-extrusions, die-cut parts and molded rubber products to the heavy appliance and automotive industries. The Company’s primary competitive strength is its ability to reliably manufacture complex extrusions/co-extrusions (a seamless fusion of two elastomers into a single functional component) to demanding tolerances.

Concrete Cutting & Breaking, Inc.

July 1997 | Subordinated Debt | Growth Capital

Investment Status: Inactive

Founded in 1974, the Company provides concrete cutting, sawing, boring and controlled breaking services to contractors in all segments of the construction industry. Based in the Midwest and with branches located throughout the Eastern United States, the Company is a leader in the controlled removal of all types of concrete structures, including bridges, roads and buildings.

Palestra/SFI, LLC

July 1997 | Subordinated Debt | Independent Sponsor Buyout

Investment Status: Inactive

Founded in 1891, the Company is the dominant fresh seafood distributor for a major Midwestern city and its surrounding communities. The Company further cemented its market position when it acquired its principal competitor in 1995.

Kyrus Corporation

May 1997 | Subordinated Debt | Management Buyout

Investment Status: Inactive

The Company is a leading U.S. marketer of retail Point-of-Sale (“POS”) systems, including sourcing and installing the hardware, and integrating the software and peripherals, primarily in the supermarket and specialty retail industries. The Company has an installed base of national retailers including Kroger, A&P, Eddie Bauer, Talbot’s and Wendy’s, and is a leading provider of IBM POS systems.

Prelude Systems, Inc.

May 1997 | Subordinated Debt | Growth Capital

Investment Status: Inactive

The Company is developer, marketer and installer of computer hardware and software solutions for multi-site distribution companies. Founded in 1979, it has an installed base of over two hundred systems nationwide. The Company’s products are best suited for mid-sized distributors with annual revenue under $250 million, requiring computer systems to support between 20 and 1,000 users.

Irvine Optical Company, LLC

March 1997 | Subordinated Debt | Independent Sponsor Buyout & Growth Capital

Investment Status: Inactive

The Company manufactures handling, sorting and inspection equipment used in the manufacture of semiconductor wafers. The Company’s product lines include machinery that manipulates wafers into view of microscopes for inspection (micro-inspection systems), products that manipulate wafers in front of bright lights for inspection by the human eye (macro-inspection systems), and handling and sorting equipment – including related logistics and operator interface software – used to direct the flow of the wafers within manufacturing cells (wafer handling/sorting systems).

Medicap Pharmacies, Inc.

November 1996 | Subordinated Debt | Management Buyout & Growth Capital

Investment Status: Inactive

Founded in 1971, the Company is a franchiser of small footprint (i.e., 1,000 – 1,600 sq. ft.) pharmacies. The Company has over 140 locations and is the 18th largest pharmaceutical chain in the country based on the number of stores. The large majority of stores are owned by a pharmacist/manager. Stores focus exclusively on the sale of prescription pharmaceuticals and value-added pharmacist services such as patient counseling.