List of 8 Business Services Shareholder Liquidity Investors in Maryland

Investor	PE Assets $mlns	Portfolio	M&A Activity Buy vs Sell, Last 5 Years
Arlington Capital Partners Chevy Chase, Maryland, United States Private Equity Firm • 1999 • website See all 10	7,000	65	22
Farragut Capital Partners Chevy Chase, Maryland, United States Mezzanine Finance Firm • 2011 • website See all 5	1,700	97	35
Enlightenment Capital Chevy Chase, Maryland, United States Private Equity Firm • 2012 • website See all 6	-	34	17
JMI Equity Baltimore, Maryland, United States Private Equity Firm • 1992 • website See all 33	7,500	152	40
Calvert Street Capital Partners Lutherville, Maryland, United States Private Equity Firm • 1995 • website See all 17	526	29	9
JPB Partners Columbia, Maryland, United States Asset Manager • 1995 • website See all 5	-	39	5
Opus8 Chevy Chase, Maryland, United States Private Equity Firm • website See all 3	-	15	6
Capitol Partners Bethesda, Maryland, United States Private Equity Firm • 1997 • website See all 2	-	5	3

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Maryland Business Services Shareholder Liquidity Investors