Columbus 11:00 AM Topic: “Generalist v. Sector-Focused: The Case for Each” Moderator – Thomas Pampush, Ice Miller Tim Lewis, Southfield Capital Jason Burmer, Edgewater Capital Jeremy Eberlein, Fifth Third Securities Jeremy Falendysz, UHY Advisors Register Here: https://members.opusconnect.com/events/ohio_deal_connect_investment_banks_2019_11_21 About Southfield Capital Southfield Capital is a private equity firm that invests in exceptional, growing companies in the lower middle market. The firm makes control investments in North American companies generating $4 - 12 million in EBITDA with proven business models, attractive growth and profitability trends, and strong leadership. For more information, please visit www.southfieldcapital.com Our Team Andy Levison, Managing Partner Andy Cook, Partner Heb James, Partner Tim Lewis, Partner Brandon Pinderhughes, Principal Chris Grambling, Vice President Josh Sylvan, Associate Logan Vorwerk, Associate Jon Goldstein, Chief Financial Officer Southfield Capital 53 Greenwich Avenue, 2nd Floor Greenwich, CT 06830 Phone: 203.813.4100 Fax: 203.813.4141 www.southfieldcapital.com
GREENWICH, CT – Southfield Capital, a premier lower middle market private equity firm, announced today that it has completed the sale of Spectrum Automotive Holdings Corp. (“Spectrum Automotive” or the “Company”) to Cornell Capital LLC. Spectrum Automotive is an agent, marketer and administrator of finance and insurance products and services for the automobile market. Spectrum Automotive’s clients include over 1,400 automobile dealerships, OEMs and administrators across the US. Terms of the private transaction were not disclosed. Southfield Capital acquired Spectrum Automotive in 2015 in partnership with the Company’s management team. Spectrum Automotive realized significant growth over the 4-year investment period, more than quadrupling the earnings of the business through expanding the sales platform, executing five strategic acquisitions and broadening the product offerings to include an extensive suite of solutions for its clients. The sale represents a highly successful exit for Southfield’s investors. The management team is continuing as significant shareholders in partnership with Cornell Capital. “Southfield was an outstanding partner,” said Jim Polley, Spectrum Automotive CEO. “Everything they said they would do they did and then some. They provided great support as well as great mentorship. They are gentlemen to work with regardless of the situation. They are very open minded, fair and always looking for ways to grow. I would not hesitate to be partners with them again, and I have a great deal of gratitude for all the wonderful things that came of our time and relationship together.” Andy Cook, a Partner with Southfield Capital, stated, “Working with Spectrum Automotive’s senior leadership over the last few years to strengthen the value proposition and expand the service offering to our clients was a great experience. We are thrilled with the growth achieved in a short period of time and the team’s ability to create a truly unique asset in the F&I industry. We wish everyone the best of luck in the next chapter.” Sandler O’Neill & Partners, L.P. served as financial advisor, PwC provided transaction advisory services and Finn Dixon & Herling acted as legal advisor to Southfield in this transaction. About Spectrum Automotive Holdings Corp. Founded in 1999, Spectrum Automotive is an agent, marketer and administrator of vehicle service contracts for automobile dealers, OEMs and administrators across the US. It is one of the largest independent F&I agencies in the US and assists dealers with improving profitability, enhancing brand awareness and increasing customer retention. About Southfield Capital Southfield Capital is a private equity firm that invests in exceptional, growing companies in the lower middle market. The firm makes control investments in North American companies generating $4 - 12 million in EBITDA with proven business models, attractive growth and profitability trends, and strong leadership. For more information, please visit www.southfieldcapital.com Our Team Andy Levison, Managing Partner Andy Cook, Partner Heb James, Partner Tim Lewis, Partner Brandon Pinderhughes, Principal Chris Grambling, Vice President Josh Sylvan, Associate Logan Vorwerk, Associate Jon Goldstein, Chief Financial Officer Southfield Capital 53 Greenwich Avenue, 2nd Floor Greenwich, CT 06830 Phone: 203.813.4100 Fax: 203.813.4141 www.southfieldcapital.com
Sale Represents Successful Exit Following Significant Earnings Growth and Value Creation During Southfield’s Period of Investment Greenwich, CT – June 3, 2026 – Southfield Capital (“Southfield”), a premier lower middle market private equity firm, announced today that it has completed the sale of Milrose Consultants (“Milrose” or the “Company”), a leading national provider of code consulting, permit expediting, architecture and engineering, inspection services, and municipal real estate compliance solutions, to Littlejohn & Co. (“Littlejohn”). Terms of the deal were not disclosed. Since partnering with Southfield in 2019, Milrose has achieved significant growth, expanding from a NYC focused company to a leading nationwide provider with over 435 professionals operating from offices in all 50 states. During that time, Milrose increased its earnings by over 7x through the expansion of its sales platform, broadening its services offerings, recruiting a highly-talented management team, and successfully executing 14 strategic add-on acquisitions. Key members of the management team will remain shareholders in partnership with Littlejohn. Southfield’s continuation vehicle transaction with Milrose in 2023 provided existing investors with optional liquidity while reaffirming its conviction in the Company’s strong market position and management team’s long-term strategic growth vision. The sale to Littlejohn represents a successful exit for Southfield’s investors. “Southfield has been an exceptional value-add partner and trusted advisor throughout our time working together,” said Dominic Maurillo, CEO of Milrose since 2021. “Their thoughtful and collaborative approach, together with an unwavering commitment to investing in our people and infrastructure, have helped position Milrose for long-term success. We are grateful for their support and have appreciated their ability to provide a consistently valuable perspective while empowering and trusting us to execute on our growth and operational strategy.” “It has been a pleasure partnering with Dom and the entire Milrose team over the past several years,” said Chris Grambling, Partner at Southfield. “Together, we executed on a shared vision to scale the platform by expanding geographically, broadening the Company’s service offerings, and completing a number of strategic acquisitions to help evolve Milrose into a national leader in building code compliance and consulting. We are proud of what we accomplished alongside Milrose’s management team and believe the Company is well positioned for continued success in the next phase of its growth.” Solomon Partners served as lead financial advisor, Houlihan Lokey served as financial co-advisor, KPMG USA provided transaction advisory services, and Wiggin and Dana LLP served as legal advisor to Milrose in this transaction. About Southfield Capital Southfield Capital is a premier private equity firm with a foundational commitment to driving value at high-growth, lower middle market companies in the business services sector. The firm leverages its deep team of highly-experienced investment, technology and value-creation professionals, combined with fully-integrated AI-driven capabilities to partner with founders and manager-owned teams. For more information, please visit www.southfieldcapital.com About Milrose Consultants Milrose Consultants is the national leader in the field of building code consulting and municipal expediting with headquarters in New York City and offices nationwide. Customers rely on Milrose to provide end-to-end building compliance services that include permitting, code & zoning, regulatory filing, special inspections, façade inspections, due diligence & research, and other compliance solutions. Milrose provides high-end services across various large, growing industries, including commercial, multi-family residential, retail, industrial, healthcare, and academia. For more information, please visit www.milrose.com
Acquisition strengthens Protos’ overall integrated protection solutions offering through the addition of enhanced intelligence, executive protection, and consulting services Greenwich, CT – April 27, 2026 – Southfield Capital (“Southfield”), a premier lower middle market private equity firm, announced today that Security Services Holdings LLC, (“Protos”), a Southfield portfolio company and a leading national tech-enabled managed services security provider in North America, has acquired AT-RISK International (“AT-RISK”), a globally-recognized provider of executive and general protective services, intelligence, and risk consulting services. Since its founding in 2006, Protos has established itself as a leading tech-enabled managed security services provider with a unique service model that provides clients with access to a comprehensive security service network. The partnership with AT-RISK marks a significant milestone in Protos’ long-term strategy of building a category-leading, software-enabled integrated protection platform with substantial reach and a differentiated mix of high-value specialized services designed to address the increasingly complex and evolving security needs of its clients. By acquiring AT-RISK, Protos now has the ability to solidify its position as a market leading provider of off-duty and specialized services, as well as further advance its differentiated managed services provider model. AT-RISK, which was founded in 2013 and is headquartered in Washington D.C., brings deep domain expertise across risk consulting, investigations, threat assessments, global risk monitoring and protective services, including executive, residential, event, and asset protection. These capabilities enhance Protos’ existing platform and position the company to meet rising demand for intelligence-led, end-to-end security solutions among enterprise and high-net-worth clients. “This acquisition marks an important milestone in our growth strategy as we look to continue expanding our addressable market and tap into additional high-growth areas,” said Mark Hjelle, CEO of Protos. “AT-RISK’s specialized capabilities perfectly complement our existing platform, and our combined offering better equips us to continue providing industry leading solutions that allow our clients to navigate their evolving security needs.” Southfield Partner, Brandon Pinderhughes, commented, “Protos continues to execute on its disciplined acquisition strategy focused on building a scaled, differentiated provider of protection solutions. The addition of AT-RISK represents an important step in this evolution, and we are excited to continue supporting Mark and the Protos team in this next phase of the Company’s growth story.” The partnership with AT-RISK represents Protos’ 12th acquisition since partnering with Southfield. About Southfield Capital Southfield Capital is a premier private equity firm with a foundational commitment to driving value at high-growth, lower middle market companies in the business services sector. The firm leverages its deep team of highly-experienced investment, technology and value-creation professionals, combined with fully-integrated AI-driven capabilities to partner with founders and manager-owned teams. For more information, please visit www.southfieldcapital.com About Protos Security Protos Security is a leading tech-enabled managed security services provider offering physical guarding, off-duty officers, specialized and remote monitoring services for a diverse customer base across North America. Through a unique managed services model, clients gain access to a vast and agile provider network for security service delivery. Protos’ unwavering commitment to innovation paired with real-time security program data insights ensures that Protos is a relentless advocate for clients and their people. For more information, please visit www.protossecurity.com