Market Overview

Wynnchurch Capital Acquires Logistik Unicorp Inc.


Wynnchurch Capital, LLC ("Wynnchurch") announced today that it has
partnered with Louis Bibeau to acquire Logistik Unicorp Inc. ("Logistik"
or the "Company"). Louis is the founder of Logistik and has been Chief
Executive Officer since the Company's inception in 1992. Logistik is a
worldwide leader in managed clothing services and provides uniform
solutions to large organizations with complex uniform requirements. The
Company provides a personalized, comprehensive solution including
textile research, product design and testing, customer service and
communications, sourcing of items, manufacturing capabilities,
warehousing, inventory management, order processing, and distribution,
as well as customized software development and data management.

John Hatherly, Managing Partner at Wynnchurch said, "Over the past 19
years, Wynnchurch has invested in niche, well-managed, market-leading
businesses and we believe that Logistik is a perfect fit. The Company
has demonstrated a long track record of providing unparalleled service
to its clients."

"We are eager to partner with Logistik's world-class management team to
build on the Company's reputation of providing superior customer
service, quality, and innovation," added Erin Murphy, Managing Director
at Wynnchurch.

Morty White, Managing Director at Wynnchurch, stated "We are excited to
work with Louis and his team. Logistik is the pioneer of the managed
services uniform industry and we look forward to helping the business in
their next stage of growth."

"I am thrilled to partner with Wynnchurch's dynamic team. With them, our
motto has never been so true: "Together, the sky is the limit"," said
Louis Bibeau, Chief Executive Officer of Logistik.

Wynnchurch Capital is actively investing from its $1.3 billion Fund IV.
In June 2018, Wynnchurch acquired CPS, the leading provider of
mission-critical solutions for highly demanding industries and
applications. Other recent Wynnchurch investments include Team Car Care,
the market leader in the quick oil change segment of the "Do-It-For-Me"
("DIFM") automotive aftermarket; and Anderson Metals, a manufacturer of
brass fittings, valves, and related products.

About Logistik Unicorp Inc.:

Logistik Unicorp Inc., founded in 1992 by Louis Bibeau and headquartered
in Montreal, Quebec, is a worldwide leader in managed clothing services
and provides comprehensive uniform solutions to a variety of
organizations with complex requirements. This "managed services
approach" reflects integrated total management, from conception and
design to uniform delivery on an individual basis. The complete process
is controlled and administered by management information systems
developed internally and easily adaptable to each client. For more
information, please visit:

About Wynnchurch Capital:

Wynnchurch Capital, LLC, headquartered in the Chicago suburb of
Rosemont, Illinois, with offices in California and Canada, was founded
in 1999, and is a leading middle-market private equity investment firm.
Wynnchurch's strategy is to partner with middle market companies in the
United States and Canada that possess the potential for substantial
growth and profit improvement. Wynnchurch Capital manages a number of
private equity funds with $2.2 billion of committed capital under
management and specializes in recapitalizations, growth capital,
management buyouts, corporate carve-outs and restructurings. For more
information, please visit:

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