Kingsbridge Receives Strategic Investment from TZP

Lake Forest, IL – On July 15th, 2016, Kingsbridge Holdings, LLC (the "Company" or "Kingsbridge"), a leading lessor of IT and essential-use equipment, received an investment from TZP Capital Partners II, L.P. ("TZP"), a private equity fund focused on investments in growing business and consumer services companies and part of the TZP Group family of funds. Founded in 2006, Kingsbridge provides leases for industrial, healthcare and technology equipment to high credit quality customers.

"Our partnership with Kingsbridge has developed over the past few years and during that time Kingsbridge consistently demonstrated an extraordinary combination of a first-class management team, compelling value proposition to its customers, and highly scalable platform," said TZP Group Partner, Vlad Gutin. "We are very grateful for the opportunity to partner with Dan Flagstad, John Morand, Hob Jordan, Bruce Brenner and the rest of the management team and are excited to support the continued growth of the company."

"TZP shares our strong commitment to providing superior financing solutions and TZP's investment accelerates our ability to expand the breadth of products and services we offer to our customers. We have been collaborating with the TZP team over a number of years and are thrilled to now have TZP as our partner," said Dan Flagstad, Co-CEO and Co-Founder. "We are confident that TZP's industry experience, relationships and resources will enhance Kingsbridge's market position."

About Kingsbridge Holdings LLC: Kingsbridge Holdings is a lessor of IT and essential-use equipment to a diverse set of high credit quality customers. Kingsbridge and its subsidiary, Trilogy Leasing, LLC, provide intelligent, independent financing solutions to help customers make informed decisions regarding equipment acquisition. The Company manages total assets in excess of $420 million with total original equipment cost of more than $600 million. With the view that every transaction requires customized attention, the firm's ability to bring superior structuring and transaction management solutions to its customers has made Kingsbridge a go-to source for leasing solutions in the industrial, healthcare, technology and general equipment spaces.

About TZP Group LLC: TZP Group, a private equity firm with assets under management of more than $700 million across its family of funds, is focused on investments in business and consumer services companies. Founded in 2007, TZP targets companies with solid historical profitability and sustainable value propositions and aims to be a "Partner of Choice" for business owners and management teams. TZP seeks to invest primarily in closely-held, private companies where the owners desire to retain a significant stake and partner with an investor with complementary operating and financial skills to accelerate company growth, increase profitability, and maximize the value of their retained stake. TZP leverages its investment professionals' operating and transaction experience to provide strategic and operational guidance, and is dedicated to long-term value creation.