Extreme Reach Receives Investment from Ares Management

Investment Alongside Gamut Capital Management to Accelerate Company’s Growth and Transformation

NEW YORK – June 14, 2023 – Extreme Reach, Inc. (“Extreme Reach,” “ER” or the “Company”) today announced that a fund managed by Ares Management’s Private Equity Group has agreed to make a significant strategic investment in Extreme Reach, in partnership with the Company’s management team and affiliates of Gamut Capital Management, L.P. (“Gamut”), its existing majority owner. 

Extreme Reach, a leader in creative logistics, with strong client relationships that include 93 of the top 100 global advertisers, operates in 140 countries and enables $150 billion in TV and video ad spend globally.

Louisa Wong, Extreme Reach’s recently appointed Chief Executive Officer, commented, “Throughout the past decade, Extreme Reach has broadened its market footprint and enterprise capabilities via strategic acquisitions to ensure the Company is built not only for the present but for whatever tomorrow brings.  Today, we remain tech-forward and human centric while leveraging artificial intelligence and automation to unlock additional value for our clients. Our fundamental goal to amplify the efficacy within the supply chain remains unchanged,” Wong continued. “We are singularly positioned to transform how teams launch, track and optimize campaigns across a complex landscape, and to provide efficiencies sought by advertisers, agencies, media partners, and measurement companies.”

Matt Underwood, a Partner in the Ares Private Equity Group said, “We look forward to partnering with Louisa, the team at Extreme Reach, and Gamut Capital to invest in a leading technology vendor in the global advertising industry. Given its strong roots in advertising delivery and infrastructure, Extreme Reach has a strong position in the market to create new products and services that help advertisers manage, distribute, and track video content across disparate media platforms. Alongside Gamut, our investment will help ER drive innovation to accelerate growth in creative asset management, end-to-end Saas workflow, digital video, and entertainment payroll solutions.”

“We welcome the Ares team as our new partners at Extreme Reach. Ares shares our vision for driving value through innovation and has an impressive history investing in industries undergoing transformation. We remain very enthusiastic about the future of Extreme Reach under Louisa’s leadership and look forward to working closely with Ares for years to come,” said Michael Kreger, Senior Partner of Gamut.

About Extreme Reach

Extreme Reach is the global leader in creative logistics. Its end-to-end technology platform moves creative at the speed of media, simplifying the activation and optimization of omnichannel campaigns for brands and agencies with unparalleled control, visibility, and insights. In addition, the Company offers a scaled and flexible platform to provide payroll management solutions for its clients and the broader entertainment ecosystem.

One global creative-to-media supply chain answers the challenges of a complex marketing landscape and an equally complicated infrastructure under the global advertising ecosystem. The company’s groundbreaking solution integrates all forms of linear TV and non-linear video workflow seamlessly with talent payments and rights management. Now, brands and agencies can optimize campaigns as fast as consumer consumption shifts across linear TV, CTV, OTT, addressable TV, mobile, desktop, and video-on-demand.

Extreme Reach operates in 140 countries and 45 languages, serving 93 of the top 100 global advertisers and enabling $150 billion in TV and video ad spend around the world. More than half a billion creative brand assets move through Extreme Reach’s creative logistics platform. To learn more, please visit www.extremereach.com.

About Ares Management

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2023, Ares Management Corporation's global platform had approximately $360 billion of assets under management, with more than 2,600 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.

About Gamut Capital Management

Gamut Capital Management is a New York-based private investment firm managing in excess of $2 billion in assets focused on the middle market. Founded in 2015, Gamut’s senior deal professionals have executed investments in over 50 companies in North America and Europe. To learn more, please visit www.gamutcapital.com.

Hoffmaster Group, Inc. Acquires Paterson Pacific Parchment Company

Acquisition brings together two leading brands known for quality and service

OSHKOSH, Wis. - February 27, 2023 - Hoffmaster Group Inc., a leading U.S. manufacturer of premium disposable tableware, announces today the acquisition of Paterson Pacific Parchment Company (“Paterson” or “Paterson Paper”), a premier producer of foodservice paper and parchment products. Hoffmaster will assume operations for Paterson as part of its family of production facilities.

Specializing in print and converting paper products and located in Sparks, Nevada, Paterson is majority-owned by members of the Buckley family and a committed group of outside shareholders. With 100 years of expertise and under the leadership of Joe Buckley, Paterson has built a strong reputation with its knowledgeable sales force and breadth of premium foodservice and baking industry products. Paterson’s legacy of quality products will be highly complementary to the Hoffmaster Group portfolio. Together, customers can expect the same exceptional service with an unparalleled offering of products and solutions.

“This is an important acquisition for Hoffmaster as we bring together two leaders in the premium foodservice disposables category,” said Rory Leyden, CEO of Hoffmaster Group, Inc. “We are looking forward to the opportunities that will result from the combined strengths of the two companies. Paterson’s Nevada location increases access to the West, strengthening our national footprint. This partnership enables us to continue our exceptional service with expanded capabilities to our combined customer base.”

“On behalf of the Paterson team, we look forward to joining the Hoffmaster organization,” said Joe Buckley, President of Paterson Paper. “This next chapter will be one of accelerated growth with a continued and dedicated focus on servicing our customers.”

To support the acquisition, Hoffmaster has secured new financing commitments and strategic capital to refinance its capital structure. Gamut Capital Management, L.P. (“Gamut”), a New York-based middle market private equity firm, led an equity investment in Hoffmaster through affiliates of its second institutional fund, Gamut Investment Fund II, L.P.  Gamut will partner with existing shareholder, Wellspring Capital Management, L.P. (“Wellspring”), to complete the acquisition and support Hoffmaster in driving further value creation for its stakeholders.

“We appreciate Gamut supporting our strategic initiatives and providing validation of the exciting growth opportunities ahead and look forward to the partnership alongside Wellspring,” adds Leyden.

To learn more about Hoffmaster, visit www.hoffmaster.com. To learn about Paterson, visit www.patersonpaper.com.

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements.  Such statements are based on management’s current reasonable and good faith expectations.

About Hoffmaster®

Hoffmaster is a one-stop source offering a complete line of premium disposable paper tableware items for restaurants, hospitals, and a wide variety of other service industries.  The Company, established in 1947, is the platform company for the Hoffmaster Group, Inc. ® Foodservice Division.  Hoffmaster Group, Inc. is currently owned by Wellspring Capital Management.

About Paterson®

For more information, visit www.patersonpaper.com.

About Wellspring Capital Management

Wellspring Capital Management is a leading private equity firm headquartered in New York.  Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds.  Over the past 25 years, Wellspring has invested in over 45 platform investments across various segments of the U.S. and global economies. For additional information, please visit www.wellspringcapital.com.

About Gamut Capital Management

Gamut Capital Management is a New York-based private investment firm managing in excess of $2 billion in assets focused on the middle market. Founded in 2015, Gamut’s senior deal professionals have executed investments in over 50 companies in North America and Europe. To learn more, please visit www.gamutcapital.com.

Gamut Capital Management Announces Partner and Principal Promotions

NEW YORK - January 4, 2023 - Gamut Capital Management, L.P. (“Gamut”), a leading New York-based middle market private equity firm, announced four promotions including two Partners and two Principals.

“It is with great pleasure that we recognize our newest Partners and Principals, each of whom have already demonstrated strong leadership within our firm and have made meaningful contributions to our business and culture,” said Stan Parker, Founding Partner of Gamut.

Jordan Zaken, Founding Partner of Gamut, added: “The talent, experience and dedication these individuals contribute to Gamut are helping us to continue to build strong partnerships and drive long-term value creation for our investors.”

Partners and Principals:

• Sam Powell, Partner – Sam Powell joined Gamut in 2019, previously serving as a Principal at Silver Lake Partners and an Associate at Lightyear Capital where he focused on private equity investments, and in the Investment Banking Division of Deutsche Bank. Currently, Powell sits on the boards of directors of JPW Industries and Extreme Reach. He holds a BSE in Operations Research and Financial Engineering from Princeton University.

• James Shanahan, Partner – James Shanahan joined Gamut in 2016, previously serving as a Senior Associate at KPS Capital Partners where he specialized in private equity investments, and in the Investment Banking Division of Deutsche Bank. Currently, Shanahan sits on the boards of directors of Grede and Davis-Standard. He received his BS in Business Administration and Accounting, graduating magna cum laude from Washington and Lee University.

• Ryan Brady, Principal – Ryan Brady joined Gamut in 2019 as an Associate. Prior to Gamut, Brady served as an Analyst in the Technology, Media, and Telecom Investment Banking Division at Credit Suisse. He received his BSBA in Finance and International Business, graduating magna cum laude from Georgetown University.

• Brian Gramolini, Principal – Brian Gramolini joined Gamut in 2020 as an Associate. Prior to Gamut, Gramolini began his career at Citigroup as an Analyst in the Global Structured Finance Group and later became an Associate in the Global Industrials Investment Banking Division. Gramolini received his BSBA in Finance, magna cum laude, from the Robins School of Business at the University of Richmond.

About Gamut Capital Management
Gamut Capital Management is a New York-based private investment firm managing in excess of $2 billion in assets focused on the middle market. Founded in 2015, Gamut’s senior deal professionals have executed investments in over 50 companies in North America and Europe. To learn more, please visit www.gamutcapital.com.

Gamut Capital Management to Acquire Extreme Reach

Investment to Accelerate Company’s Growth and Global Expansion

NEW YORK – September 7, 2022 – Gamut Capital Management, L.P. (“Gamut”), a leading New York-based middle market private equity firm, has announced today that it has signed a definitive agreement to acquire Extreme Reach, Inc. (“Extreme Reach” or “ER”) — a founder-led global company specializing in the activation of omnichannel marketing campaigns and production payroll and accounting solutions for brands, agencies and content producers — through affiliates of Gamut’s second institutional fund, Gamut Investment Fund II, L.P.

Founded in 2008, Extreme Reach is a leader in creative logistics, with strong client relationships that include 93 of the top 100 global advertisers. ER operates in 140 countries and 45 languages, with 1,100 team members, enabling $150 billion in TV and video ad spend globally.

Stan Parker, Founding Partner of Gamut, said, “We look forward to partnering with Extreme Reach’s strong management team to continue to bring transformative solutions to key industries that face complex challenges with the rise of streaming, media fragmentation, and content proliferation. Gamut will work with ER to leverage its strong roots in video delivery and commercial production payroll processing and invest in technologies and talent that accelerate growth in creative asset management, digital video activation, and the rich insights revealed by end-to-end workflow while enhancing its position in payroll solutions for the entertainment industry.”

“Extreme Reach is pleased to partner with Gamut to unleash the next chapter of our growth,” said Tim Conley, CEO of Extreme Reach. “This is a major milestone in our company’s evolution as we solve complex challenges as a trusted partner to the world’s largest brands, agencies and production companies. With Gamut’s support, we are poised for continued growth driven by attractive tailwinds in convergent TV and content production,” continued Conley.

The transaction, which is subject to customary closing conditions, is expected to close in the fourth quarter of this year.

Moelis & Company LLC served as exclusive financial advisor and Kirkland & Ellis LLP served as legal counsel to Extreme Reach. LionTree served as the financial advisor to Gamut.

About Gamut Capital Management

Gamut Capital Management is a New York-based private investment firm managing in excess of $2 billion in assets focused on the middle market. Founded in 2015, Gamut’s senior deal professionals have executed investments in over 50 companies in North America and Europe. To learn more, please visit www.gamutcapital.com.

About Extreme Reach

Extreme Reach (ER) is a global leader in creative logistics. Its end-to-end technology platform moves creative at the speed of media, simplifying the activation and optimization of omnichannel campaigns for brands and agencies with unparalleled control, visibility and insights. In addition, the Company offers a scaled and flexible platform to provide payroll management solutions for its clients and the broader entertainment ecosystem.

One global creative-to-media supply chain answers the challenges of a complex marketing landscape and an equally complicated infrastructure under the global advertising ecosystem. The company’s groundbreaking solution integrates all forms of linear TV and non-linear video workflow seamlessly with talent payments and rights management. Now, brands and agencies can optimize campaigns as fast as consumer consumption shifts across linear TV, CTV, OTT, addressable TV, mobile, desktop, and video-on-demand.

Extreme Reach operates in 140 countries and 45 languages, with 1,100 team members serving 93 of the top 100 global advertisers and enabling $150 billion in TV and video ad spend around the world. More than half a billion creative brand assets move through ER’s creative logistics platform. To learn more, please visit www.extremereach.com.

Gamut Capital Management to Acquire Davis-Standard

NEW YORK - November 9, 2021 - Gamut Capital Management, L.P. (“Gamut”), a leading New York-based middle market private equity firm, has announced today that they have signed a definitive agreement to acquire Davis-Standard, LLC and its affiliates (“Davis-Standard”) from ONCAP, the middle-market private equity platform of Onex (TSX:ONEX).

Davis-Standard is a leading supplier of extrusion and converting systems and related aftermarket products and services for the rigid packaging, flexible packaging and infrastructure end-markets with an installed base of approximately $7.5 billion of equipment globally.

“We are excited to partner with the Gamut team during this next phase of Davis-Standard’s long history as a provider of highly engineered solutions to an extensive base of industry-leading customers. The resources Gamut brings to this investment will enable us to not only accelerate growth within our markets but also transform Davis-Standard into a leading, value-added global process solutions business,” said Jim Murphy, CEO of Davis-Standard. “We achieved great growth and performance under ONCAP’s successful ownership and look forward to leveraging the strong foundation we built as we move into our next phase of growth.”

Jordan Zaken, Founding Partner of Gamut, said, “We are very excited to continue to grow the company alongside the Davis-Standard management team. As a leading player in extrusion and converting technologies for the packaging and infrastructure sectors, Davis-Standard offers not only the opportunity to expand with customers in fast-growing end markets, but also to further extend its service offering to support its customers in the aftermarket. Gamut is excited to continue to invest in the business to bolster the comprehensive solutions Davis-Standard provides to its customers in the areas of efficiency, sustainability and automation technology.”

Financial terms of the transaction were not disclosed. The transaction, which is subject to customary closing conditions, is expected to close in the fourth quarter of this year.

BMO Capital Markets and Stifel, Nicolaus and Company served as the financial advisors and Kirkland & Ellis LLP served as legal counsel to Gamut. Jefferies and Robert W. Baird served as the financial advisor to Davis-Standard. BMO Capital Markets and Stifel, Nicolaus and Company are providing financing commitments for the transaction, subject to customary terms and conditions.

About Gamut Capital Management
Gamut Capital Management is a New York-based private investment firm managing $1.5 billion in assets focused on the middle market. Founded in 2015, Gamut’s senior deal professionals have executed investments in over 50 companies in North America and Europe. To learn more, please visit www.gamutcapital.com.

About Davis-Standard
Founded in 1848 and headquartered in Pawcatuck, CT, Davis-Standard is a global leader in the design, development and distribution of extrusion and converting technology. Our systems encompass over 11 product lines to support manufacturing applications and customers in a wide variety of industries, including automotive, building & construction, consumer products, medical and packaging.

With more than 1,400 employees worldwide and a network of independent sales agents and suppliers in nearly every country, Davis-Standard is committed to engineering systems that are cost-effective, environmentally friendly, and offer a high return on investment. The company has manufacturing and technical facilities in the United States, Canada, China, Germany, Finland, Switzerland and the United Kingdom. To learn more, please visit www.davis-standard.com.

JPW Industries Acquires Axiom Tool Group

Expands Deeper Into CNC Market

LA VERGNE, Tenn. — October 4, 2021 – JPW Industries, Inc. (“JPW”), a leading global designer, manufacturer and distributor of branded metalworking and woodworking equipment and specialty shop tools sold under the JET®, Powermatic®, Wilton®, Edwards®, Promac® and Baileigh® brand names, today announced it has acquired Axiom Tool Group® (“Axiom”). JPW is a Gamut Capital Management (“Gamut”) portfolio company. Terms of the transaction were not disclosed.

Founded in 2014, Axiom is a leading marketer, designer and distributor in the U.S. of computer numerical control (CNC) machines and accessories sold under the Axiom brand. Axiom’s operations in Westerville, Ohio, including warehousing, customer service and technical service will remain in their current locations.

Scott Leichtling, CEO of JPW, stated, “Axiom is a natural fit into the JPW family of brands, and we look forward to providing our customers with even greater access to the depth and breadth of high-quality CNC equipment. Axiom’s leading position in the growing CNC market perfectly complements JPW’s platform capabilities. We are eager to welcome the team, support the growth of the Axiom brand and to leverage JPW’s supply chain and customer service capabilities to improve the overall value proposition to our collective customer base. At the core of this collaboration is JPW’s desire to address a growing need among young, talented makers for machinery that leverages technology to improve accuracy, efficiency, and safety.”

Todd Damon, Axiom’s Founder, will join JPW to support the growth and expansion of the Axiom brand and its position within the CNC category more broadly.

“I am exceptionally proud of the loyal and entrepreneurial team responsible for our growth to date and feel confident that together with JPW’s platform and experience, we are well-positioned to continue to deliver exceptional products for our dedicated customers,” said Damon. “Joining the JPW platform will help us beginning on day one as we enhance our product offerings and attract new consumers while propelling our growth within the CNC market,” Damon continued.

About JPW Industries, Inc.

JPW, based outside Nashville, TN and founded in 1958, is a leading designer, manufacturer and value-added distributor of market-leading, branded machinery, specialty shop tools and equipment for rugged applications across multiple end markets. The Company is highly diversified across customers, selling to the industrial, consumer and construction end markets. JPW owns six brands, including JET, Baileigh, Wilton, Powermatic, Promac and Edwards. JPW’s brands have over 400 years of collective heritage, building brand equity with customers and end users through superior product performance. Visit JPW Industries at www.jpwindustries.com, JET Tools at www.jettools.com, Baileigh at www.baileigh.com, Powermatic at www.powermatic.com, Wilton at www.wiltontools.com, Edwards at www.edwardsironworkers.com and Promac at www.promac.ch.

About Axiom Tool Group

Axiom Tool Group, Inc. is a manufacturer and world-wide distributor of small-format CNC routers. Since 2014, the Axiom Tool Group has been building truly unique CNC routers which are marketed under the ‘Axiom Precision’ brand. These innovative machines integrate technology and components from the industrial market into machines which fit the budget and size constraints of the small shop.

Axiom offers CNC solutions in a wide range of sizes for both hobbyist and industrial applications, and is an industry leader in machine innovation, product quality and customer service. The Axiom Tool Group is headquartered in Westerville, Ohio. To learn more, visit www.axiomprecision.com.

Grede Announces Acquisition of Neenah Enterprises Inc.'s Commercial Vehicle Business, Select Industrial Book of Business and the Advanced Cast Products Division

The Acquisition Further Enhances the Grede Platform and its Commitment to Growing While Supporting its Customer Base

SOUTHFIELD, Mich. - July 20, 2021 - Grede, a leading producer of highly engineered cast and machined iron components, signed a definitive agreement to acquire Neenah Enterprises Inc.'s (NEI) commercial vehicle business and the supporting capital assets, select portions of its industrial casting business and the Advanced Cast Products (ACP) business in Meadville, PA. The closing of the acquisition is expected to occur in Q3 2021. The terms of the transaction were not disclosed.

"The ACP and NEI commercial vehicle and select industrial businesses being acquired are a harmonious fit to Grede's capabilities and manufacturing footprint, while furthering Grede's leadership position within the industry by extending its overall value proposition to our customers through increased capacity and capabilities," said Grede CEO Cary Wood.

"This transaction will allow Grede to further accelerate growth of our business in the commercial vehicle and industrial end markets, better balancing our end market exposure while demonstrating our commitment to investing in unique capabilities to be a best-in-class supplier to this customer segment. Importantly, the acquisition brings Grede significantly closer toward achieving our objective of creating a $1 billion+ enterprise serving industry-leading customers across the automotive, commercial vehicle and industrial end markets."

Through the acquisition, Grede will add approximately 220 ACP employees in Meadville as well as all ACP operations. While NEI continues to focus on the infrastructure/municipal and targeted industrial markets, Grede will transition the Neenah Foundry commercial vehicle book of business into Grede's other existing foundries, including Brewton, AL; New Castle, IN; Reedsburg, WI; and St. Cloud, MN, plants and their fleet of equipment over the course of the next year.  

Wood added: "We look forward to welcoming the employees of Advanced Cast Products into the Grede family. With this announcement, our customers will gain the benefit of increased capacity and flexibility, innovative engineering resources and the combined talents of our exceptional teams."

Definitive transaction documents for the transaction were signed on July 19, 2021. The transition period will begin immediately, with additional updates to follow. Kirkland & Ellis LLP served as Grede's legal advisor.  

About Grede

Grede is an independent company that designs, engineers, validates and manufactures high-quality ductile, gray and specialty iron castings for automotive, commercial and industrial markets. Headquartered in Southfield, MI, Grede offers complete precision machining and finishing services, as well as the assembly of diverse components into complete systems. It has 9 facilities in the U.S. with approximately 2,700 employees. To learn more, please visit www.grede.com.

About Gamut Capital Management

Gamut Capital Management is a New York-based private investment firm managing $1.2 billion in assets focused on the middle market. Founded in 2015, Gamut's senior deal professionals have executed investments in over 50 companies in North America and Europe. To learn more, please visit www.gamutcapital.com.

Gamut Capital Management and BCI to Invest in PS Logistics

NEW YORK - June 25, 2021 - Gamut Capital Management, L.P. (“Gamut”), a leading New York-based middle market private equity firm, in partnership with British Columbia Investment Management Corporation (“BCI”), one of Canada’s largest institutional investors, announced they have signed a definitive agreement to invest in PS Logistics.

As the largest and fastest-growing flatbed transportation and full-service logistics provider in the United States, PS Logistics employs a “Driver-First” culture to transport general flatbed commodities with a specialization in irregular route service in the continental United States.

“The combination of our exceptional team, with the resources we will gain through our relationship with Gamut and BCI, will enable PS Logistics to accelerate our growth while continuing to provide best-in-class services to our customers,” said Scott Smith, CEO of PS Logistics.

Stan Parker, Founding Partner of Gamut, said, “We are excited to partner with Scott and his seasoned management team to enhance their market leading platform and accelerate their growth trajectory. As the leading player in the large and fragmented flatbed trucking market, PS Logistics’ dedicated drivers, expansive freight network and young fleet are poised to continue delivering great value to both new and longstanding customers in search of comprehensive cross-country coverage and services.”

“As a long-term investor, we seek market-leading companies with a demonstrated track record of creating shareholder value, like PS Logistics. We look forward to working with the founder-led management team and Gamut to support the company’s future growth”, said Aaron Papps, Senior Portfolio Manager at BCI. “The continued growth and success of PS Logistics will provide compelling risk-adjusted returns for our pension plan and insurance fund clients.”

Financial terms of the transaction are not disclosed. The transaction, which is subject to customary closing conditions, is expected to close in the third quarter of this year.

RBC Capital Markets, Credit Suisse and Deutsche Bank Securities Inc. served as financial advisors and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to Gamut and BCI, and Weil, Gotshal & Manges LLP served as separate legal counsel to BCI. UBS Investment Bank served as exclusive financial advisor and Kirkland & Ellis LLP served as legal counsel to PS Logistics. RBC Capital Markets, Credit Suisse, Deutsche Bank Securities Inc. and Wells Fargo Bank, N.A. are providing financing commitments for the transaction, subject to customary terms and conditions.

About PS Logistics

Founded in 2004 and headquartered in Birmingham, AL, PS Logistics is one of the largest and fastest growing flatbed transportation and logistics providers in the United States. PS Logistics provides full-service transportation services, including asset-based transportation, non-asset-based transportation, brokerage, third-party logistics managed transportation, warehousing, and supply chain services. This hybrid model delivers optimal flexibility to address customer’s flatbed transportation needs across various industries throughout the United States. For more information, visit: www.pslogistics.com.

About Gamut Capital Management

Gamut Capital Management is a New York-based private investment firm managing $1.2 billion in assets focused on the middle market. Founded in 2015, Gamut’s senior deal professionals have executed investments in over 50 companies in North America and Europe. To learn more, please visit www.gamutcapital.com.

About BCI

With C$171.3 billion of assets under management as of March 31, 2020, British Columbia Investment Management Corporation (BCI) is one of Canada’s largest institutional investors. Based in Victoria, British Columbia, BCI is a long-term investor that invests across a range of asset classes: fixed income; public equities; private equity; infrastructure; renewable resources; real estate; and commercial mortgages. BCI’s clients include public sector pension plans, insurance, and special purpose funds. BCI’s private equity program, with C$17.9 billion of assets under management, has a well-diversified portfolio comprised of direct and fund investments. The team brings industry expertise with more than 30 investment professionals investing across financial and business services, healthcare, industrials, consumer, and TMT sectors. For more information about BCI, please visit www.bci.ca.