Ellipse’s Gotsch, Schumacher Join Svoboda Capital

Svoboda Capital Partners said late Thursday that Peter Gotsch and David Schumacher of Ellipse Capital have joined the firm. Gotsch will be an MD while Schumacher will be a VP. A Svoboda spokeswoman says principals of Ellipse will continue to actively manage Ellipse’s existing investments, but all new ones will be pursued by Svoboda.

PRESS RELEASE

Svoboda Capital Partners is pleased to announce that Peter Gotsch and David Schumacher of Ellipse Capital have joined the firm as Managing Director and Vice President, respectively. Svoboda Capital Partners (“SC”) is a Chicago-based private equity firm with over $250 million of capital that invests in leading value-added distribution, business services and consumer companies.

“We are pleased to be joining forces with two key team members of Ellipse Capital,” said John Svoboda, Managing Director of SC. “Peter and David’s extensive contacts, focus and experience will further enhance our reputation and success in the distribution sector. We look forward to a strong partnership and many years of successful investing.”

“We are very excited to be joining forces with the team at Svoboda Capital Partners,” said Peter Gotsch, Managing Partner of Ellipse Capital. “Our combined organization will have more critical mass, better geographic coverage and an enhanced focus on the distribution and business services sectors. More importantly, our cultures, transaction focus and investing philosophy are highly compatible.”

In connection with the combination, new contact information for Messrs. Gotsch and Schumacher appears below:

Peter Gotsch David Schumacher

Managing Director Vice President

Svoboda Capital Partners LLC Svoboda Capital Partners LLC

One North Franklin, Suite 1500 One North Franklin, Suite 1500

Chicago, IL 60606 Chicago, IL 60606

p) 312-267-8754 p) 312-267-8756

pgotsch@svoco.com dschumacher@svoco.com

About Svoboda Capital Partners LLC

Svoboda Capital Partners LLC is a Chicago-based private equity firm with over $250 million of capital under management. Founded in 1998, SC identifies, invests in and helps build excellent businesses in its targeted business niches: business services, value-added distribution, and consumer products. SC typically makes investments of $10 to $20 million per company as the sole investor or in partnership with other private equity firms. For more information, please visit www.svoco.com.