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Boyne Capital Announces Partnership With Greenrise Technologies

MIAMI, FL — [August 28, 2017] — Boyne Capital Partners (“Boyne” or the “Firm”) is pleased to announce that it has entered into a strategic partnership with the founders of Greenrise Technologies, LLC (“Greenrise” or the “Company”) to acquire a stake in the Company and supply the business with additional working capital to pursue numerous growth initiatives.

Headquartered near Nashville, TN, Greenrise is one of the country’s largest full-service green infrastructure firms supplying engineered turnkey systems for green roofs, landscape and growing media, componentry and maintenance services. Green roofs have a number of sustainable advantages on an otherwise empty, unused space, including storm water runoff reduction, insulating qualities, urban heat island effect mitigation, improved air quality, and roof life extension. (www.greenrisetech.com)

Derek McDowell, Boyne Managing Partner, commented, “The Boyne team and Greenrise CEO, Ray Derbecker, have a long history of successfully working together, and we are honored to have the opportunity to join Ray and his team again. The green roof industry is expanding rapidly as public awareness grows regarding the environmental, social, and health benefits provided by green roofs. We’re thrilled to support Ray, Scott McGaughy, Greenrise COO, and their team in growing Greenrise Technologies.”

Ray Derbecker, CEO of Greenrise, said, “Greenrise believes it’s found the ideal partner for the Company’s next major growth phase. Boyne has a long history of growing businesses alongside management, and we are excited to be teaming up with them. With this partnership, Greenrise has the capital partner to achieve its goal of becoming the leading provider of green roof systems and components in North America.”

The Greenrise transaction represents the most recent platform investment in BCM Fund I (“Fund”). Boyne Capital is dedicated to investing in the lower middle market sector, specifically companies with revenues of less than $100 million and with EBITDA of $2 million to $10 million.

Boyne Capital Partners is a Florida-based private equity firm focused on investments in lower middle market companies. Founded in 2006, Boyne has successfully invested in a broad range of industries, including healthcare services, agriculture, consumer products, niche manufacturing, and business & financial services among others. Beyond financial resources, Boyne provides industry and operational expertise to its portfolio companies and partners with management to drive company performance and growth. We specialize in providing the capital necessary to fund corporate growth and to facilitate owners’ and shareholders’ partial or full exit; approximately 50% of our transactions have been recapitalizations of owner operated businesses with the remainder being corporate divestitures, restructurings or special situation opportunities. For more information, visit www.boynecapital.com.

Contact:

Priscilla Ramirez

[email protected]