DEAL DRIVEN and DEAL TESTEDin the Lower Middle Market

Private Equity

Senior Term Loan

Aphena Pharma Solution

March 2014

September 2014 February 2015

March 2015 June 2015

June 2015 September 2015

September 2015 December 2015

1st Lien / Unitranche

March 2014

RevolvingLine of Credit

DRCEmergency Services

June 2014

Debt Financing

Frank Entertainment Group

July 2014

UnitrancheDebt Financing

DLC

September 2014

Debt Financing

Food Evolution

September 2014

Debt Financing

Food Evolution

UnitrancheDebt Financing

Merlin RAMCo

Debt Follow-on Financing

ON Event Services

Debt Follow-on Financing

Food Evolution

Debt Financing

FrontStream Payments

Debt Follow-on Financing

Food Evolution

Senior Term Loan

IGeneX

Debt Financing

Tri-Cities Restaurant Group

November 2014

March 2015

June 2015

October 2015

Debt Commitment

Hotel Systems Pro

Debt Follow-on Financing

Food Evolution

Debt Follow-on Financing

Food Evolution

Debt Financing

Datamyne

November 2014

May 2015

August 2015

November 2015

UnitrancheDebt Financing

Gilchrist & Soames

Debt Financing (Borrower-side)

Yadkin Bank

Debt Financing

YumEarth

Debt Financing

Biologos

May 2015

May 2015

August 2015

November 2015

First Out / Last OutDebt Financing

OrchidUnderwriters Agency

Debt Purchase

CRS Reprocessing

UnitrancheDebt Financing

All Metals Holdings

Debt Financing

Multiple Affiliated Borrowers

December 2014

May 2015

September 2015

December 2015

Senior Term Loan

Triton

UnitrancheDebt Financing

Family Entertainment Group

UnitrancheDebt Financing

Consolidated Lumber Company

Unitranche Follow-on Debt Financing

David M. Lewis Company

3rd PartyDebt Purchases

“Over 100 1st Lien / Unitranche transactions since 2012totaling nearly $1 billion in value.”

SmithLaw.com/PrivateEquity

2nd Lien / Sub Debt

Senior Secured Subordinated Debt

Financing

Freight Force

June 2015April 2015April 2015 April 2015 April 2015 July 2015

September 2015August 2015July 2015 September 2015 September 2015 September 2015

October 2015October 2015September 2015 October 2015 October 2015 October 2015

December 2015December 2015October 2015 December 2015 December 2015 Sept. & Dec. 2015

Senior Secured Subordinated Debt

Financing

Nexcore Technology

Senior Secured Subordinated Debt

Financing

NB Products

Mezzanine Debt Follow-on Financing

Micross Solution

March 2015

Senior Secured Subordinated Debt

Financing

Hunter Trading Company

Secured Subordinated Debt Financing

Radiant Logistics

Secured Subordinated Debt Financing

Radiant Logistics

Mezzanine Debt Financing

My Alarm Company

Senior Secured Subordinated Debt

Financing

Battery Solutions

Senior Secured Subordinated Debt

Financing

Battery Solutions

Senior Secured Subordinated Debt

Financing

Technology Crops

Senior Secured Subordinated Debt

Financing

Community Intervention Services

Senior Secured Subordinated Debt

Financing

Community Intervention Services

Senior Secured Subordinated Debt

Financing

Rotolo Consultants

Debt Financing

Baker Hill

Senior Secured Subordinated Debt

Financing

Centerfield Media

Senior Secured Subordinated

Follow-on Debt Financing

Fusion

Mezzanine Debt Follow-on Financing

Inland PipeRehabilitation

Senior Secured Subordinated Debt

Financing

Graco SupplyCompany

Debt Financing

NTI

Senior Secured Subordinated

Follow-on Debt Financing

Danville Materials

Subordinated Debt Financing

Nicoat Industrial Coatings

Debt Financing

My Alarm Company

Senior Secured Subordinated Debt

Financing

J&D Brush

Debt Financing

Xpress Global Systems

Senior Secured Subordinated Debt

Financing

Captek Holdings

Senior Secured Subordinated Debt

Financing

Women's Marketing

Debt Financing

Basin MaterialHandling

Senior Secured Subordinated Debt

Financing

Action Target

Senior Secured Subordinated Debt

Financing

Motor Vehicle Software Corporation

February 2015January 2015 April 2015January 2015 March 2015

“Over 200 2nd Lien / Sub debt transactions since 2012totaling nearly $2 billion in value.”

January 2015January 2015January 2015 January 2015 January 2015 January 2015

Buyouts / Equity Investments / Exits

Debt and Equity Portfolio Purchase

(in connection with IPO)

BNY Mellon-Alcentra Mezzanine Partners

May 2014 November 2014

March 2015January 2015January 2015 February 2015 February 2015 April 2015

July 2015May 2015April 2015 May 2015 June 2015 September 2015

October 2015September 2015September 2015 September 2015 September 2015 November 2015

December 2015November 2015November 2015 November 2015 November 2015 December 2015

May 2014

Acquisition and Equity Financing

Johnny on the Spot

July 2014 September 2014

Acquisition and Equity Financing

Compass Systems& Sales

Acquisition and Equity Financing

Food Evolution

September 2014

Acquisition and Equity Financing

Food Evolution

Preferred Equity Financing

DCWV

Acquisition and Equity Financing

Freight Force

Equity Co-Investment

Nexcore Technology

Warrant and Equity Financing

ON Event Services

Equity Co-Investment

NB Products

Asset Sale

MincoTechnology Labs

Multi-class Equity Financing

Battery Solutions

Multi-class Equity Financing

Battery Solutions

Preferred and Common Equity Financing

CRS Reprocessing

Preferred and Common Equity Financing

CRS Reprocessing

Equity Financing and Various Acquisitions

Team Waste

Stock Acquisition

DCWV

Acquisition and Equity Financing

IGeneX

Equity Co-Investment

Consolidated Lumber Company

Exit of Equity Investment

Restorix

Warrants

Fusion

Asset Acquisition

All-Safe Construction

Warrants

NTI

Acquisition and Equity Financing

LightRiver Technologies

Equity Co-Investment

Biologos

Equity Investment Exit

Net Access

Equity Investment Exit

Safety Products

Acquisition and Equity Financing

Fresh & Ready Foods

Debt Investment Exit

Nudo Products

Debt and Equity Investment Exit

Nudo Products

“Over 150 Buyouts / Equity Investments / Exit transactions since 2012totaling over $750 million in value.”

Private Equity Services: Split lien priority financings Senior secured subordinated debt Mezzanine debt Equity co-investments Warrants and other equity kickers Portfolio company sales and exits Restructuring, workouts and insolvency

Fund formation Platform buyouts Add-on acquisitions First lien debt Unitranche debt First-out / last-out senior loans Second lien debt

About Smith AndersonSmith Anderson has grown to become the largest business and litigation law firm headquartered in North Carolina’s world-renowned Research Triangle region. We provide a full range of legal services to a diverse group of regional, national and international companies ranging in size from large public companies to emerging growth businesses. Over 100 years of practicing law has grounded our firm’s culture and provided us the insight necessary to help our clients succeed.

rivate equity funds and private equity-backed companies help drive the engines of the global economy. Smith Anderson’s robust Private Equity practice leverages its strengths in the related areas of mergers and

acquisitions, debt and mezzanine finance and venture capital, and provides an ideal blend of sophisticated experience and solution-oriented guidance to achieve your business objectives. Whether representing funds, investors or private equity-backed companies, our 20-plus group of attorneys have a clear perspective for market terms that drive transactions to an efficient close.