Who We Are Investment Focus Portfolio Our Team News Contact Us Our Team Investment Team THOMAS F. CAMPION Managing Director JOHN J. DARGUZAS Vice President EVAN R. GALLINSON Managing Director LAUREN M. HAMLIN Principal BRIAN R. HECK Associate DAVID M. JONES Managing Director TIMOTHY J. MACKENZIE Managing Director DANIEL E. PANSING Managing Director JOSEPH A. POLANECZKY Principal TERRANCE M. SHIPP Managing Director SEAN H. STANLEY Vice President MARC J. WALFISH Managing Director BENJAMIN W. YARBROUGH Managing Director Finance Team ANNE E. BOLAND Controller VAN T. LAM Chief Financial Officer Administrative Team JENNIFER L. VOSS Administrative Assistant Our Portfolio Contact Us © 2018 Merit Capital Partners Terms and Conditions Privacy Disclaimer Sitemap Website Design by MVP Marketing + Design Subscribe to Merit Capital communications

Who We Are Investment Focus Portfolio Our Team News Contact Us Contact Us Phone: 312.592.6111 Email: mcp@meritcapital.com Address: 303 West Madison Street, Suite 2100, Chicago, IL 60606 .cls-1 { fill: #91072b; fill-rule: evenodd; } We would love to hear more about your opportunity! GET DIRECTIONS © 2018 Merit Capital Partners Terms and Conditions Privacy Disclaimer Sitemap Website Design by MVP Marketing + Design Subscribe to Merit Capital communications

Experienced Partner Providing Flexible Capital LONG-TERM SUCCESSFUL TRACK RECORD Over 85 Lower-Middle Market Investments In The Past 25+ Years Across 6 Funds FLEXIBLE CAPITAL Providing Equity And Subordinated Debt In Each Transaction. Open To Both Control And Non-Control Investments Flexibility, Transparency, Trust Merit Capital Partners is a private investment firm which invests both equity and subordinated debt in each transaction. We partner with business owners, management teams and independent sponsors to provide flexible capital for management buyouts, recapitalizations, acquisition financings and other shareholder liquidity events. We are open to both control and non-control ownership positions. Who We Are Investment Criteria View Portfolio Our Team © 2018 Merit Capital Partners Terms and Conditions Privacy Disclaimer Sitemap Website Design by MVP Marketing + Design Subscribe to Merit Capital communications

Who We Are Investment Focus Portfolio Our Team News Contact Us Independent Sponsors Experience – Merit has completed a significant number of independent sponsor-led transactions, including several transactions with repeat sponsors. Partnership model – Merit seeks to be a true partner and is comfortable allowing the sponsor to lead both the transaction and management interaction. Certainty of close – Merit provides certainty to close as a single source of junior capital (both the necessary equity and subordinated debt) for independent sponsors considering multiple financing sources. Recent Investments: Choice Brands Adhesives and Slocum Adhesives MW Metals Group Reliant © 2018 Merit Capital Partners Terms and Conditions Privacy Disclaimer Sitemap Website Design by MVP Marketing + Design Subscribe to Merit Capital communications