 Independent investment banking partnership based in suburban Philadelphia
 Focused on the needs of owner-managed, middle-market companies
 Extensive transaction experience and repeated success in positioning middle-market companies
 Unique combination of expertise in investment banking, business operations and equity analysis
 Highly-detailed, methodology-driven transaction process, tailored to clients’ specific needs
 Track record of successful client engagements resulting in improved valuations and terms
 Deep industry knowledge in targeted sectors with significant relevant transaction experience
 Over 140 transactions successfully completed since the firm’s formation in June 2003
 Cohesive senior team with 15+ years working together
Composition of Advisory Services (1) Distribution of Mandates by Client Ownership Type (1)
8%
19%
34% 58%
Sell-Side Advisory
Buy-Side Advisory / Recapitalizations
Valuation / Fairness Opinion
81%
Private
Public
(1) Includes closed deals since June 2003.
(1) Includes closed deals since June 2003.
SOURCE: GF DATA ®
Permission to reprint or distribute any content copyrighted by GF Data® requires consent from GF Data Resources LLC.


Industrial & Consumer
Products
Information
Technology
Services
Healthcare
Technology and
Software
 Food and Beverage
 Consumer Products
 Plastics and Packaging
 Building and
Construction Products
 Metals and Metals
Processing
 Industrial Services
 Distribution and
Logistics
 Business Process
Outsourcing
 Engineering Services
 Hardware
Maintenance Services
 IT Services –
Commercial and
Government
 Legal Services
 Management and
Applications
Consulting
 Staffing / HR Services
 Pharmaceutical
Services
 Specialty
Pharmaceuticals
 Generic
Pharmaceuticals
 Life Sciences /
Biotechnology
 Healthcare
Information
Technology
 Healthcare Staffing
 Medical Technology
 Broadband
Technologies
 Cloud Computing
 Enterprise Software and Services
 Internet Retail /
Consumer
 Telecommunications
Equipment and
Semiconductors
 Vertical Application
Software
SOURCE: GF DATA ®
Permission to reprint or distribute any content copyrighted by GF Data® requires consent from GF Data Resources LLC.

 GF Data® provides data on private equity-sponsored M&A transactions with enterprise values between $10 and $250 million. Since its inception in 2006, GF Data® has come to be recognized as the most reliable source of data on valuation, leverage and volume trends in the middle-market
 GF Data® collects transaction information from private equity groups on a blind and confidential basis and provides periodic reports based on this data to contributing private equity firms and paid subscribers
 More than 200 private equity firms have provided information on more than 2,000 transactions closed since January 1, 2003
 Each deal is categorized by its six-digit NAICS code, enabling GF Data® to provide highly detailed benchmarks in this tier of the market
How GF Data® Works
 Private equity groups provide transaction data through a proprietary on-line utility developed and operated by an independent technology application provider
 Data delivery is encrypted to protect the data as it travels over the Internet from the private equity firm’s computer to the server
 The data is released to GF Data® in batches large enough to prevent the identification of individual deals, or of individual firms based on their deal activity
 GF Data® generates periodic reports based on this information and provides continuous access to detailed valuation data through an on-line, searchable database
 The reports drill down to the greatest level of detail at which individual transactions remain disguised (e.g., there must be at least three deals in an industry subcategory for
GF Data® to report at that subcategory level)
SOURCE: GF DATA ®
Permission to reprint or distribute any content copyrighted by GF Data® requires consent from GF Data Resources LLC.

SOURCE: GF DATA ®
Permission to reprint or distribute any content copyrighted by GF Data® requires consent from GF Data Resources LLC.

SOURCE: GF DATA ®
Permission to reprint or distribute any content copyrighted by GF Data® requires consent from GF Data Resources LLC.

SOURCE: GF DATA ®
Permission to reprint or distribute any content copyrighted by GF Data® requires consent from GF Data Resources LLC.

SOURCE: GF DATA ®
Permission to reprint or distribute any content copyrighted by GF Data® requires consent from GF Data Resources LLC.

SOURCE: GF DATA ®
Permission to reprint or distribute any content copyrighted by GF Data® requires consent from GF Data Resources LLC.

SOURCE: GF DATA ®
Permission to reprint or distribute any content copyrighted by GF Data® requires consent from GF Data Resources LLC.