GROWTH THAT TELLS A STORY.

GREENWICH, CT – Southfield Capital, a premier lower middle market private equity firm, announced today that Ntiva, Inc., (“Ntiva” or the “Company”) a leading provider of managed IT, cloud hosting, cyber security, unified communications and strategic IT consulting services, has completed the acquisition of Equilibrium IT Solutions, Inc. (“Equilibrium”), a managed IT services provider based in Chicago, Illinois. Founded in 2004, Equilibrium provides businesses across the United States with managed IT services and a range of IT professional services including: highly specialized infrastructure requirements, security, cloud solutions, disaster recovery, business planning, strategic advisory and merger & acquisition IT consulting. This transaction represents Ntiva’s third acquisition in the Chicagoland area and seventh acquisition in the U.S., reinforcing the Company’s continued growth in the MSP market. Equilibrium’s experienced team strengthens Ntiva’s mid-market and enterprise focused practices across the U.S. “We’re pleased to welcome the Equilibrium team to the Ntiva family,” said Steven Freidkin, CEO of Ntiva. “Equilibrium brings a wealth of technical talent to the table and is a solid fit with our growth strategy, enhancing Ntiva’s capabilities in the mid-market and enterprise markets. With experience in assessing complex IT environments, designing technology solutions, project planning, budgeting, implementing, documenting and supporting infrastructure, this addition will further strengthen our ability to help Ntiva’s current and future clients in the mid-market to achieve their technology goals.” “From inception, we’ve been obsessed with providing our clients end-to-end integrated business solutions from early concept stages to implementation and beyond,” said Glen Hampton, who will be staying on with the company and leading the growth of the enterprise focused practice. “Our unique approach includes tailored co-managed IT service solutions to supplement the internal IT staff, as appropriate, that can help organizations reach business objectives at a faster rate, by filling in gaps and offering specialized knowledge. Together with Ntiva, we can now offer an affordable and compelling suite of enhanced services for businesses (including 24x7 help desk, SOC, SIEM and incident response) who see partnering with a national technology consultant as strategic to their growth in a competitive global marketplace.” Southfield Capital acquired Ntiva in 2016 in partnership with Ntiva’s founder, Steven Freidkin. The Equilibrium acquisition will increase Ntiva’s client base to over 1,250 organizations located across the U.S. Southfield Partner, Heb James, commented on the transaction, “We believe that combining Equilibrium with Ntiva will enable us to deepen client relationships and provide a higher level of service. The transaction will further enhance Ntiva’s presence in the Midwest and broaden our industry leading managed IT service offering.” Crestline Investors provided debt financing. Finn, Dixon & Herling provided legal counsel to Ntiva and Southfield Capital. About Ntiva Ntiva is a leading IT services company that provides businesses across the U.S. with advanced technology expertise and support, including managed IT services, strategic IT consulting, cloud services, cyber-security and telecom solutions. Their team of world-class talent genuinely cares about the relationships they build and understands that response and precision are fundamental keys to a successful partnership. Ntiva’s ultimate objective is to help clients leverage their technology investments to improve business performance. For more information, please visit www.ntiva.com 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 Mike Weber, 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 Kelvin Group, (“Kelvin”), a leading national provider of industrial and commercial mission-critical mechanical refrigeration services, process safety management and environmental compliance, has completed the acquisition of PermaCold Engineering, Inc. (“PermaCold”), a premier industrial refrigeration company headquartered in the Pacific Northwest. The acquisition of PermaCold represents Kelvin’s fourteenth acquisition since partnering with Southfield. Founded more than 30 years ago by industry pioneers, Steve Jackson and Randy Cieloha, PermaCold has built a reputation for excellence, innovation and reliability in the industrial refrigeration industry. The company is widely recognized for its expertise in ammonia and CO2 refrigeration systems as well as its ability to deliver complex, high-performance solutions to clients across the western United States. The integration of PermaCold into Kelvin Group's family of companies, which features reputable brands such as ARC Mechanical, Refrigeration Design & Service (RD&S), RC&E, HCG Associates, and JS Compliance, further solidifies Kelvin's standing as a national provider of mission-critical mechanical services. “Kelvin’s acquisition of PermaCold represents an exciting milestone as the company continues its national expansion strategy by entering the Pacific Northwest. PermaCold’s deep technical expertise, admired technician team and customer service focus makes them a natural partner for Kelvin,” said Harry Gray, CEO of Kelvin Group. “Together, we look forward to offering an enhanced set of capabilities to support our combined customer base.” “When we decided to sell, Randy and I were adamant in locating an organization that shares our company’s culture and values relating to customers and employees, and Kelvin more than achieved this goal,” said Steve Jackson, “We’re excited to leverage Kelvin’s national footprint to better serve our customers while staying true to the values that have guided us for more than 30 years.” Southfield Partner, Chris Grambling, commented on the transaction, "We are delighted to welcome the PermaCold team to the Kelvin family. PermaCold has built a phenomenal reputation in the Pacific Northwest and their addition bolsters Kelvin’s geographic coverage, establishing Kelvin as a coast-to-coast mechanical services provider." Deerpath Capital Management and Crescent Capital provided debt financing. G2 Capital Advisors served as the buy-side advisor to Kelvin. Finn, Dixon & Herling provided legal counsel to Kelvin and Southfield Capital. About Kelvin Group Kelvin Group is a national leader in the field of industrial and commercial mission-critical mechanical services, process safety management and environmental compliance. Its turnkey solutions provide design/installation, service and planned maintenance and testing and compliance of world-class mechanical systems for leaders in the food and beverage, cold storage, pharmaceutical, educational, health care, and process industries. Once engaged with customers, Kelvin assists business owners achieve mandated health, safety, environmental and regulatory compliance standards. For more information, please visit www.kelvin.cool . About Southfield Capital Southfield Capital is a private equity firm that invests in high-growth, lower middle market companies in the business services sector. The firm targets companies with $4 - 20 million in EBITDA and partners with management to scale the business through a combination of organic and acquisition growth strategies. For more information, please visit www.southfieldcapital.com .