---

NEW YORK – Snow Phipps Group, LLC ("Snow Phipps"), a private equity firm focused on the middle-market, today announced the completion of its sale of AMAROK, LLC ("AMAROK" or the "Company"), a leading tech-enabled perimeter security solutions provider, to investment firms AVALT and Northleaf Capital Partners. ��ݴ�ý Partners, LP, which was established by certain senior investment professionals of Snow Phipps, is acting as investment sub-advisor for Snow Phipps.

Since acquiring AMAROK in June 2016, Snow Phipps has invested significantly in the Company to support the management team as they effectively executed a strategy focused on transformational growth. During that time, the Company has greatly expanded its sales and operations model, rebranded, expanded into new end markets and transformed its product and solution offering with several new product innovations.

“We have greatly appreciated our partnership with AMAROK and thank the entire team for their efforts during our ownership,” said Brandon Kiss, a Partner of ��ݴ�ý (sub-advisor to Snow Phipps). “We are very pleased with the substantial growth we achieved and wish the Company continued success.”

AMAROK CEO Mark Wesley added, "Snow Phipps has been an incredible partner to AMAROK over the last several years. They have provided significant strategic, financial and operational assistance, that has been instrumental in our growth and to realizing our vision. We have greatly enjoyed our time working together.”

John Kenny, Operating Partner at ��ݴ�ý (sub-advisor to Snow Phipps) added, “We feel very fortunate to have been partners with CEO Mark Wesley and the entire AMAROK team. Together we have been able to significantly transform the Company and position it for continued growth.”

Piper Sandler & Co. and Raymond James & Associates, Inc. acted as financial advisors to AMAROK. Weil, Gotshal & Manges LLP acted as legal counsel.

About AMAROK

AMAROK™ is a full-perimeter security company based in Columbia, South Carolina, that provides service throughout the United States. Specializing in electric fencing on commercial and industrial properties, AMAROK also provides supplemental surveillance solutions, including cameras, lights, alarms and remote video monitoring. Together, they form the ultimate crime prevention solution for any business. As a security partner for over 5,000 commercial and industrial locations, the Company protects businesses from theft and provides a safer work environment for employees while reducing total security costs. For more information on AMAROK, visit .

Contacts

Snow Phipps
Ian Snow
347-210-3636
isnow@snowphipps.com

��ݴ�ý Partners
Abby Aylman Cohen
917-596-4758
acohen@greentarget.com

AMAROK
Kerry Gibson
VP, Marketing
803-404-6182
kgibson@amarok.com