Market Overview

Northlane Capital Partners Invests in Discovery Data


Northlane Capital Partners ("NCP") announced today that it has made an
investment in Discovery Data Holdings, Inc. ("Discovery Data"), a
provider of information services used to identify and reach firms and
professionals in the financial services and insurance industries for
effective product distribution, recruitment, and targeted marketing
campaigns. NCP invested alongside Discovery Data's existing management
team, including CEO Bob Herrmann who will continue to lead the company.

With primary locations in Eatontown, NJ and Englewood, CO, Discovery
Data provides a SaaS solution to asset managers, wealth advisors,
insurance companies, financial technology and service providers,
including profiles of 2.3 million professionals and 40,000 firms, and
workflow software applications. Discovery Data is considered the
industry standard for accurate and up-to-date information on financial
firms and professionals. Additional information about Discovery Data is
available on the company's website at

"Our investment in Discovery Data presents an opportunity to leverage
our experience in the information services sector and partner with a
great company and talented management team. We are very pleased to
welcome Discovery Data to the NCP portfolio and to support its future
growth," said Sean Eagle, Partner at NCP.

Bob Herrmann added, "We are excited to partner with NCP and continue the
rapid growth of Discovery Data. NCP provides valuable resources and
domain expertise that will enable us to further enhance the quality and
quantity of our data, and ensure we provide the best possible solutions
and service to our clients."


Based in Bethesda, MD, Northlane Capital Partners currently manages a $1
billion private equity fund investing in control buyouts of middle
market companies based in North America. NCP focuses on the healthcare
and business services sectors, and generally looks for platform
investments with EBITDA of $5 million to $30 million. For more
information, please visit

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