Market Overview

PPC Partners Adds New Vice President to Services Team

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PPC
Partners
announced today that Anthony Cardona has re-joined its
Services team as a vice president. Led by Ryan Roberts, investment
partner, and Gregg Kaplan, operating partner, the team invests in and
oversees companies across the services sector with a focus on
tech-enabled, supply chain and industrial services.

Previously, Cardona spent three years as an associate and senior
associate at Pritzker Group Private Capital before leaving to pursue an
MBA. PPC Partners was formed by Pritzker Group Private Capital in 2018
as its exclusive acquirer of middle-market companies.

Prior to joining PPC Partners, Cardona was an investment banking analyst
at Lincoln International in its Global Business Services group. Cardona
will be based in Chicago, where he will help source and execute new
investments as well as work closely with the management teams of PPC
Partners' Services companies.

"Anthony's breadth of experience in working with family-owned businesses
enhances our ability to create value in current and future services
companies," said Paul Carbone, PPC Partners president and managing
partner. "Using our long-duration capital base and experience in
building family- and entrepreneur-owned services companies, we look to
provide differentiated solutions to business owners and deliver superior
service to our customers."

Within its focus areas, the Services team is looking to acquire
business-to-business services companies that have market leadership
positions, recurring revenue business models, strong management teams
and opportunities to further consolidate their industries. In addition,
PPC Partners is well-positioned through its relationships, resources and
experience to help companies take advantage of technology to enhance
their service offerings and competitive positions.

PPC Partners' current group of service companies include PECO Pallet, a
North American leader in pallet rental services and logistics; ENTACT, a
leading environmental remediation and geotechnical construction services
company; and Entertainment Cruises, the nation's largest dining cruise
company.

In addition to his MBA from Northwestern University, Cardona holds a
bachelor's degree from Washington and Lee University.

About PPC Partners

PPC Partners acquires and operates North America-based middle-market
companies with leading positions in the manufactured products, services
and healthcare sectors. Led by Tony Pritzker and the former investment
and operating professionals of Pritzker Group Private Capital, the
firm's differentiated, long-duration capital base allows for efficient
decision-making, broad flexibility with transaction structure and
investment horizon, and alignment with all stakeholders. PPC Partners
builds businesses for the long-term and is an ideal partner for
entrepreneur- and family-owned companies. For more information, visit PPCPartners.com.

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