Salient Federal merges with CRGT

Salient Federal Solutions Inc. has agreed to merge with CRGT Inc. to form Salient CRGT. Financial terms weren’t announced. Salient, a Frotenac portfolio company, provides IT and engineering services to the intelligence, defense, homeland security, and federal markets. CRGT, which is backed by Bridge Growth Partners, is an IT services provider for the Federal Government. Evercore and Credit Suisse served as Bridge Growth’s financial advisors. Wells Fargo Securities and Houlihan Lokey advised Frontenac and Salient.

PRESS RELEASE

FAIRFAX, VA – August 11, 2015 – Salient Federal Solutions, Inc. (“Salient”), and CRGT Inc. (“CRGT”)
today announced an agreement to merge, forming Salient CRGT. The merger of equals positions the
newly combined company for leadership in meeting the IT modernization and business intelligence needs
of federal agencies and other government customers through greater technical expertise, enhanced
mission capabilities and broader resources. The combined company is backed by two private equity firms,
Bridge Growth Partners, LLC and Frontenac Co, both with extensive experience in the federal services
sector.

With a broad portfolio of innovative solutions in Agile software development, data analytics, mobility, and
cyber security, it is anticipated that Salient CRGT will generate approximately $375 million in annual
revenue and employ more than 1,700 people. By combining Salient and CRGT’s respective track records
of success across a more diverse federal customer base with access to significant contract vehicles
including Alliant, Encore, NIH CIO-SP3, DHS Eagle II, and Treasury TIPSS-4, Salient CRGT creates a
robust platform for growth.

Brad Antle, President and Chief Executive Officer of Salient Federal Solutions, will serve as Chief
Executive Officer of Salient CRGT and Tom Ferrando, President and Chief Executive Officer of CRGT,
will serve as its President. Kevin Parker, from Bridge Growth Partners, will serve as Chairman of the
Board of Directors.

“This is a unique opportunity to significantly expand the already strong capabilities of both organizations
for the direct benefit of our customers,” said Mr. Antle. “As one team, Salient CRGT will have the deep
resources and expertise to deliver a broader portfolio of innovative solutions and specialized services
across the entire federal IT marketplace.”

“We have a deep understanding of the technology challenges facing federal civilian and defense
agencies and fully embrace their missions as our own,” said Mr. Ferrando. “Salient CRGT is very well-
aligned with Government IT spending priorities and the continuing focus on IT modernization across the
broad spectrum of federal agencies, and we are now positioned better than ever to be the partner of
choice for agency customers that demand value and successful outcomes.”

“We look forward to working with both Brad Antle and Tom Ferrando, and are very pleased to be
partnering with the Bridge Growth team. We have a shared view on the market opportunity, and this
transaction reflects that, while strengthening and expanding Salient CRGT’s position as a premier
government contractor,” said Frontenac Managing Partner, Walter Florence.

“The exciting combination of Salient and CRGT creates a broader platform from which to pursue
additional growth opportunities while leveraging the ongoing consolidation of the federal IT services
industry,” said Alok Singh, Co-founder and Managing Principal of Bridge Growth Partners. “We look
forward to supporting Salient CRGT’s leadership team and are delighted to be partnering with Frontenac.”

Terms of the transaction, which is expected to close early in the fourth quarter, were not disclosed.
Evercore and Credit Suisse served as Bridge Growth’s financial advisors. Wells Fargo Securities and
Houlihan Lokey served as financial advisors to Frontenac and Salient. Willkie Farr & Gallagher LLP and
Garvey Schubert Barer served as legal advisor for Bridge Growth Partners and CRGT. Kirkland & Ellis
LLP and Morrison & Foerster LLP served as legal advisors for Frontenac and Salient.

About Salient Federal Solutions
Salient is a leading provider of information technology and engineering services that include data
analytics, Agile development, mobility, training, and cyber security solutions to the intelligence, defense,
homeland security, and federal civilian markets. Recognized by Forbes Magazine as one of America’s
Most Promising Companies and named Contractor of the Year, Salient’s customer base includes the
United States Office of Personnel Management, Patent and Trademark Office, Department of Defense,
Pension Benefit Guaranty Corporation, Department of Homeland Security, and more. For additional
information on Salient, please visit www.salientfed.com.

About CRGT
CRGT is a full life.cycle IT services provider for the Federal Government, offering customers Agile
Software Development, data analytics, and cyber security & infrastructure support. Working as a partner
with government agencies that span civilian services, national defense, and domestic security, CRGT has
earned a record of success with integration and operations of large.scale, high.volume solutions. CRGT’s
customer base includes the United States Postal Service, Securities and Exchange Commission, Patent
and Trademark Office, Department of Defense, Department of Justice, Department of Homeland Security,
and more. For additional information on CRGT, please visit www.crgt.com

About Bridge Growth Partners
Bridge Growth Partners, LLC brings together significant investment, financial, operating and strategic
business building expertise and talent for the purpose of investing in carefully selected, growing and
important segments of the technology and financial services sectors. For more information visit
www.bridgegrowthpartners.com

About Frontenac
Frontenac is a leading private equity firm, based in Chicago. The firm focuses on investing in lower
middle market buyout transactions in the food, industrial, and services industries. Frontenac works in
partnership with proven operating leaders, through our executive-centric approach called CEO1st®, to
identify, acquire, and build market leading companies through transformational acquisitions and
operational excellence. The firm has built a leading franchise working with over 225 owners of mid-sized
businesses, almost always families or founders, as they address complex transition issues of liquidity,
management enhancement, and growth planning. For more information, please visit www.frontenac.com.