PNC Equity

	APEX Analytix, Inc. Headquartered in Greensboro, NC, APEX Analytix, Inc. ("APEX") provides technology-enabled recovery audit services to more than a third of the Fortune 100. Through its comprehensive service and technology offering, APEX has saved clients more than $2 billion in overpayments to date. On April 28, 2009, PNC Equity Partners announced its acquisition of APEX. Senior debt was led by Union Bank, N.A., and also provided by TriState Capital Bank. Subordinated debt was provided by Babson Capital Management LLC.
	PNC Equity Partners Acquires Custom Orthotics Operations of Langer, Inc. Langer, Inc.'s custom orthotics business, located in Deer Park, NY, is the first add-on acquisition to our recent investment in The Orthotic Group, Inc. Langer has often been credited with creating the prescription foot orthotic industry and has played an integral role in the applied science of podiatric biomechanics. On October 24, 2008, PNC Equity Partners, II, L.P., announced its acquisition of Langer Inc.'s custom orthotic business. Senior debt was provided by Bank of Montreal.
	Caldwell & Gregory LLC Headquartered in Manakin-Sabot, VA, Caldwell & Gregory is the leading provider of laundry equipment and laundry rooms for colleges, apartments, condominiums, coin laundries, and on-premise equipment for small and large businesses. On October 24, 2008, PNC Equity Partners and Management participated in a recapitalization to provide Caldwell & Gregory additional capital for growth. Founded in 1990, Caldwell & Gregory, Inc. has established a record of exceeding customer expectations in universities, coin, multi-housing and on-premises markets. The company focuses on evaluating customer needs, then providing the right brand product solutions. Caldwell & Gregory has been the recipient of many awards including, the On-Premises Laundry Award during the Maytag® and Whirlpool® Commercial Laundry annual sales meeting, the Fred Maytag Award in 2006, the Red Carpet Service Excellence Award four times, the Multi-Housing Award and multiple Star Performer Awards.
	The Orthotic Group Headquartered in Markham, Ontario, The Orthotic Group ("TOG") is a leading manufacturer and distributor of custom prescription orthotics, orthotic footwear and gait and rehabilitation markets in North America, Europe and Australia. On September 25, 2008, PNC Equity Partners, II, L.P. acquired The Orthotic Group in partnership with Management and MTN Capital Partners. Senior debt was provided by Bank of Montreal.
	The Country Vintner The Country Vintner is the second largest distributor of fine wines in the United States and the market leader in the Mid-Atlantic franchise states. TCV's business model focuses on providing on-premise retailers ("white tablecloth" restaurants), off-premise retailers and chain retailers with a diverse mix of more than 500 win labels from around the world. In August 2008, PNC Equity Partners, II, L.P. acquired The Country Vintner, Inc. in partnership with Management. Concurrent with the acquisition of The Country Vintner, PNC Equity Partners supported TCV's acquisition of the East Coast Operations of a large fine wine distributor. PNC Equity invested $14.5 MM in the form of preferred and common stock. Senior debt was provided by Bank of America, and subordinated debt was provided by BB&T Mezzanine Capital Partners.
	Bacharach, Inc. Founded in 1909, Bacharach is a leading designer and manufacturer of equipment used in the detection and measurement of gases and liquids, and the recovery of refrigerants. The Company's products include instruments that detect, measure and record combustion and environmental gases, temperature, relative humidity, air velocity and other air quality and safety parameters. Bacharach sells its products worldwide to a mix of customers, including HVAC distributors and OEMs and utilities. On September 11, 2007, PNC Equity Partners acquired Bacharach, Inc. and Bacharach of Canada, Inc. PNC Equity invested equity and subordinated debt to finance the transaction and is the Company's largest shareholder. Senior debt was provided by Madison Capital Funding. Additional subordinated debt and equity was provided by Calvert Street Capital Partners and Management.
	Lone Star Overnight Lone Star Overnight is the largest regional express package delivery company operating in the southeastern region of the United States. Lone Star, headquartered in Austin, Texas provides both next morning express and next day ground package delivery services in Texas, Oklahoma, New Mexico, and Louisiana. In May, 2007, PNC Equity Partners II, acquired this portfolio company of Brazos Private Equity. PNC was responsible due diligence, structuring and financing the transaction and negotiation of the purchase agreement. PNC’s investment totaled $16.0 million taking the form of both preferred and common stock. The management team of Lone Star co-invested with PNC in this transaction. The balance of the financing for this transaction was provided by Merrill Lynch, the senior lender, and New Canaan Partners who provided the subordinated debt. An expansion of the markets served by the Company and an investment in technology will be important elements of Management’s plan post closing.
	Portec Group International Portec Group International is a leading designer, manufacturer and marketer of components and sub-systems used by the material handling industry. Headquartered in Toledo, OH with operations in Canon City, CO, Toronto and the United Kingdom, Portec is a leading manufacturer of power-belted conveyor turns, spiral conveyors and chutes for the airport, parcel, manufacturing and distribution industries. In addition, the company manufactures motorized pulley's for the retail store checkout market. In March 2005, PNC Equity Partners provided $12.8 million of equity and $5.0 million of subordinated debt to acquire the company. Senior debt was provided by General Electric Capital Corporation.
	Tangent Rail Corporation Tangent Rail Corporation provides maintenance of way products and services to Class I railroads, shortline railroads, and owners of industrial truck. Headquartered in Pittsburgh, PA, the company's Wood Products division is a leading manufacturer of treated wood railroad ties, creosote and coal tar products. The company's Rail Services division provides premium rail grinding services, switching and maintenance services, environmentally friendly crosstie disposal services and industrial tie-derived boiler fuel. In October 2005, PNC Equity Partners partnered with management to buy this business from its parent company, Railworks Corporation. PNC Equity Partners structured and led the transaction with a $13.2 million equity investment. Senior debt was provided by Merrill Lynch Capital and the subordinated debt was provided by Babson Capital Management LLC.
	Faucet Queen Faucet Queen is the leading innovator, marketer and distributor of convenience-oriented home hardware products to the food and drug retail channel. Founded in 1935, the Company provides the broadest line of home hardware products in the industry with 14 product lines and over 650 SKUs, including hand tools, kitchen and bath items, twine, padlocks, paint supplies, automotive items and sewing related items. Faucet Queen serves as the outsourced supply chain management partners for many of the top grocery and drug retail chains throughout the United States and Canada. Masco Corporation, the owner of the Company since 1999, sold the business because of a change in business strategy. PNC Equity Partners worked with Faucet Queen’s management team to purchase the business and provided $14.4 million of equity and subordinated debt financing in support of the acquisition. Faucet Queen’s management team and Citizens Ventures, Inc. also invested in the transaction. PNC Equity Partners structured and arranged senior debt financing with CapitalSource.
	The Hilsinger Company Hilsinger is a leading provider of eyewear and eyecare accessory products and supplies in the U.S. and western Europe. Hilsinger offers the industry's broadest line of optical and ophthalmic products with over 20,000 products that are primarily sold under the Hilco, Shield, Leader, and RxSports brand names. The Company's product portfolio is divided into four main segments: (1) consumer eyewear products; (ii) consumer optical accessories; (iii) professional optical products; and (iv) ophthalmic products. Hilsinger sells its products to over 25,000 active accounts in North America and Western Eurpoe, which include numerous independent opticians, optometrists and ophthalmologists, optical chains, independent distributors, mass merchants and other retailers. In December 2006, PNC Equity Partners structured and led the acquisition with a $24.4 million equity investment. Senior debt was provided by GE Antares and Merrill Lynch Capital and the subordinated debt was provided by Audax Mezzanine and New York Life.

Company	Business Description
Porcelain Industries, Inc.	Manufacturer of porcelain coated products