Market Overview

Diversis Capital Completes Sale of BLUE Software to Esko


Exit Represents the Firm's First Successful Portfolio Realization

Diversis Capital LLC, a Los Angeles-based private equity firm that
acquires controlling interests in small- to middle-market companies,
today announced that it has completed the sale of portfolio company BLUE
Software, LLC ("BLUE"), a Chicago-based label and artwork management
software company, to Esko, a Danaher company and global provider of
software and hardware for packaging design. Terms of the transaction
were not disclosed.

Diversis acquired BLUE, which was a growing enterprise-class software
business unit of a public company, in December 2014. Since its original
investment, the business has made important investments in research and
development, as well as sales, to accelerate the company's growth.
During Diversis' ownership of BLUE, the company completed the
acquisitions of Design2Launch from Kodak Corporation and independently
owned Viki Solutions to accelerate its innovation strategy and growth

"We worked in close partnership with BLUE's management team," said Ron
Nayot, co-founder and managing director of Diversis Capital. "This
collaboration illustrates the hands-on, operational expertise we bring
to our portfolio companies."

Kevin Ma, co-founder and managing director of Diversis Capital, added,
"This outcome was a true team effort from BLUE's management and the
Diversis operators. We are pleased with this transaction, which is the
first realization from Diversis' portfolio of companies. After just
three and a half years, this transaction is a very strong result for our
investors and validates our deeply integrated operational approach to

About Diversis Capital

Founded in 2013, Diversis Capital LLC is a North American private equity
firm with a focus on deals in the lower and middle markets that uses a
partnership approach to achieving long-term sustainable growth and
success. The team of investment professionals has experience working on
complex transactions in a wide range of industries, leveraging its deep
hands-on operational expertise and providing sellers speed, flexibility
and certainty in a transaction. More information is available at

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