List of 20 Test/Measurement Equipment Mezzanine Finance Firm Investors

Investor	PE Assets $mlns	Portfolio		M&A Activity Buy vs Sell, Last 5 Years
Investor	PE Assets $mlns	Total	Current	M&A Activity Buy vs Sell, Last 5 Years
Avante Capital Partners Los Angeles, California, United States Mezzanine Finance Firm • 2009 • website See all 10	-	33	14
Massachusetts Capital Resources Company Boston, Massachusetts, United States Mezzanine Finance Firm • 1977 • website See all 3	700	44	19
Salem Investment Partners Greensboro, North Carolina, United States Mezzanine Finance Firm • 1999 • website See all 8	450	59	36
Armada Helsinki, Finland Mezzanine Finance Firm • 2000 • website See all 8	563	35	10
Aldine Capital Partners Chicago, Illinois, United States Mezzanine Finance Firm • 2005 • website See all 6	-	74	44
Cyprium Partners Cleveland, Ohio, United States Mezzanine Finance Firm • 1998 • website See all 13	1,800	77	14
Crescent Capital Group LP Los Angeles, California, United States Mezzanine Finance Firm • 1991 • website See all 91	39,000	78	13
Merit Capital Partners LLC Chicago, Illinois, United States Mezzanine Finance Firm • 1993 • website See all 15	2,200	98	26
Peninsula Capital Partners L.L.C. Southfield, Michigan, United States Mezzanine Finance Firm • 1995 • website See all 13	1,900	132	33
Windjammer Capital Newport Beach, California, United States Mezzanine Finance Firm • 1990 • website See all 16	2,000	50	12
EMZ Partners Paris, France Mezzanine Finance Firm • 1990 • website See all 8	2,930	15	11
ActoMezz Paris, France Mezzanine Finance Firm • website See all 8	801	43	31
Centerfield Capital Partners Indianapolis, Indiana, United States Mezzanine Finance Firm • 2001 • website See all 11	1,000	83	30
Northstar Capital LLC Minneapolis, Minnesota, United States Mezzanine Finance Firm • 1993 • website See all 11	1,700	150	29
Maranon Capital Chicago, Illinois, United States Mezzanine Finance Firm • 2007 • website See all 22	4,000	38	13
GMB Capital Partners Minneapolis, Minnesota, United States Mezzanine Finance Firm • 2005 • website See all 10	800	8	1

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