Everside Capital Partners Announces Exit in B-O-F

Everside is pleased to announce the recent sale and full exit of our debt and equity investments in B-O-F Corporation (the “Company”) upon the majority recapitalization with a new financial sponsor. Founded in 1953 and based in Aurora, Illinois, B-O-F is the premier provider of patented gravity-flow shelving and merchandising solutions, catering to grocery, convenience and alcohol retailers, with a product portfolio encompassing the entire store, including refrigeration, center store and security cabinets. Through innovation and best-in-class customer service, B-O-F has continued to be a valuable product provider for retailers seeking to increase revenue and solve evolving key challenges (e.g., labor costs, shrinkage, disruption from remodeling or opening a new location).

For this investment, Everside partnered alongside Small Business Investment Company (“SBIC”) NewSpring Mezzanine and financial sponsor LaSalle Capital in November 2021 to facilitate a majority recapitalization, providing institutional backing to the Company for the first time.

About Everside Capital Partners

Everside is an SEC-registered investment advisor, as well as a SBIC (Small Business Investment Company) license holder based in New York, NY. With over $1.9 billion in assets under management across its funds, Everside partners with leading SBIC managers in the lower middle market through its primary and secondary investing strategies, and also makes direct credit and equity investments in small businesses through its direct investing strategies. As a flexible capital provider, Everside offers debt and structured equity solutions for recapitalizations, acquisitions, liquidity events, and management buyouts.

For more information, please visit us at www.everside.com

*This communication is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or of any fund or account Everside Capital Partners, LLC (the “Adviser”) manages or offers. Although the information provided herein has been obtained from sources which the Adviser believes to be reliable, we do not guarantee its accuracy, and such information may be incomplete or condensed. The information is subject to change without notice and the Adviser has no obligation to update you.

This document should not be the basis of an investment decision. An investment decision should be based on your customary and thorough due diligence procedures, which should include, but not be limited to, a thorough review of all relevant term sheets and other offering documents as well as consultation with legal, tax and regulatory experts. Statements made in this release include forward-looking statements which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” or believe,” or other variations thereon. Certain information contained herein constitutes opinions, intentions, or beliefs of the Adviser, which may be preceded by the terms “belief,” “opinion,” or other similar terms. Such statements of “opinion” merely represent the Adviser’s state of mind and should not be construed as a material statement of fact. Any use of adjectives or superlatives included herein are a good faith opinion of the Adviser including but not limited to language such as “exhaustive,” “superior,” or “leading,” and should not be construed as material statements of fact. Further, other third parties may not agree with the opinions of the Adviser.