September 28, 2015

Trive Capital Raises $525 Million in Capital Commitments for Fund II

Dallas, Texas

Trive Capital Management LLC (“Trive”), the Dallas, Texas-based investment firm, is pleased to announce the final closing of Trive Capital Fund II LP and Trive Capital Fund II (Offshore) LP (together, “Fund II”) with $525 million of capital commitments. Fund II reached its hard-cap in three months and was substantially oversubscribed from its initial $400 million target.

“We have a very supportive group of global institutional investors that enabled us to have a quick and efficient fund closing. We believe the significantly over-subscribed fund drew interest from investors attracted to our deep value investing approach, quality of the Trive team and Fund I success to date deploying an operationally-focused investment strategy,” commented Conner Searcy, Managing Partner of Trive. “The close of Fund II caps a busy year for Trive during which we completed three platform investments, four dividend recapitalizations, a successful portfolio company exit and significantly expanded our team.”

Fund II’s investment focus will be in lower middle market companies which Trive believes possess transformational upside and would benefit from an operationally-focused partner. Trive also expects to continue to execute on its disciplined approach and seek out special situation investment opportunities across various industry sectors.

“Trive’s collaborative, hands-on operational model brings a skill set we believe is absent in many lower middle market businesses, increasing the velocity of shareholder value creation,” commented Chris Zugaro, Partner at Trive.

* * * * *This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Forward-Looking Statements

This release may contain forward-looking statements relating to future financial results, business expectations and business transactions. Actual results may differ materially from those predicted as a result of factors over which Trive has no control. Except as required by applicable law, Trive undertakes no obligation to publicly update or revise any forward-looking statements.

About Trive

Trive Capital is a Dallas, Texas based private equity firm with more than $7 billion of regulatory assets under management. Trive focuses on investing equity and debt in what it sees as strategically viable middle-market companies with the potential for transformational upside through operational improvement. We seek to maximize returns through a hands-on partnership that calls for identifying and implementing value creation ideas.

The Trive team is comprised of seasoned investment professionals who have been involved in over 100 middle-market transactions representing in excess of $6 billion in revenue across Trive’s targeted industry sectors and situations.

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