Signature Coast Becomes Top-50 Nationally-Ranked Landscape Contractor with Latest Acquisition

C&R Landscape Joins Signature Coast Family, Adding New Markets & Services

NAPA, CA. – Signature Coast Holdings, a landscaper with operations in Northern California and Nevada, has acquired C&R Landscape of Rocklin, California. The acquisition grows the combined businesses into one of the nation’s top 50 landscape contractors.

Founded in 2001, C&R Landscape has specialized in comprehensive landscape maintenance services for multi-family properties. Adding this market segment provides Signature Coast an additional path of growth in the region. C&R also offers landscape construction and tree care services which will enable the company to offer an expanded menu of services to clients throughout Northern California. C&R Landscape’s Founder and President, Mark Edwards, a landscape designer from Cal Poly SLO, will remain with the combined companies to lead continued growth.

“I am pleased to have C&R Landscape become part of the vibrant and progressive Signature Coast group,” said Mark Edwards. “I didn’t want my employees or customers to get overlooked by an aggressive buyout. Becoming part of Signature Coast will allow us to continue our vision of providing outstanding customer service while maintaining our family atmosphere and company culture.”

Kelly Solomon, CEO of Signature Coast Holdings, added “We’re excited to welcome the C&R Landscape team into our family of companies. This partnership will allow us to serve an even broader base of customers in our region.”

About Signature Coast Holdings

Signature Coast Holdings was formed by the merger of Signature Landscapes and Coast Landscape Management. CVF Capital Partners of Davis, CA joined as a minority partner to grow the operations by acquiring other leading landscape contracting companies. SCH is a nationally-ranked contracting group providing landscape design, construction and maintenance services. Brad Triebsch of CVF said: “We are excited to support premier landscape services that beautify the communities of Northern California and Northern Nevada”.

Based in Reno, NV, Signature Landscapes is an award-winning landscape contractor providing commercial and residential landscape installations, renovations and enhancements in addition to tree care, irrigation, holiday lighting, and landscape maintenance. Signature Landscapes was founded by Lebo Newman, a longtime industry veteran who has participated in the growth of several large landscape contracting firms in the Western United States. www.siglands.com.

Based in Napa, CA, Coast Landscape Management offers contracted full-service landscape management to large sites including resorts, business parks, wineries, multi-family properties, and public agencies for parks, schools and recreational facilities.Coast has regional offices in Concord, Santa Rosa, San Rafael, Sacramento, and Roseville. Coast was established in 2005 by Robert and Kelly Solomon and Lebo and Merrill Newman.Coast has received many industry awards and was named a “Best Place to Work” in the North Bay for nine years. www.CoastLM.com

About CVF Capital Partners

CVF Capital Partners was established in 2005 to finance later-stage growth, recaps, and buyout opportunities across the lower middle market. CVF invests both mezzanine debt and preferred equity and has raised $375 million in committed capital across its three funds. The fund has offices throughout California – Davis, Fresno and San Diego – and in the Pacific Northwest in Portland. This geography allows the firm to attend to small businesses seeking capital throughout California and the broader Western United States. www.cvfcapitalpartners.com

Portland Business Transitions Seminar – November 15, 2018

CVF Capital Partners to co-sponsor the annual Business Transitions Seminar in Portland, OR

Please join us for our annual conference for existing business owners hosted by: CVF Capital Partners, Tonkon Torp, Geffen Mesher, and First Republic Investment Management on Thursday, November 15th, at the Multnomah Athletic Club in Portland, OR. The event will take place from 7:30am – 10:00am

Why Play Ball? Because you need a game plan for the final inning.

Many business owners won’t be able to sell their businesses when they’re ready because they have not taken the critical steps necessary to prepare for a transition or to get full value for their business. Now is the time to plan your exit strategy. Join Us! Learn how a solid playbook and an experienced coach can make the difference between scoring a run and striking out.

Please be our guest at the Portland Business Transitions Seminar on November 15th. We’ve assembled a top-flight group of business owners and advisers to share experience, personal stories, best practices, and the current landscape for you, the business owner.

Please RSVP by contacting Chris Carleson at ccarleson@cvfcapitalpartners.com for complimentary access.

CVF invests in Off Spec Solutions

New investment for CVF in the growing Transportation & Logistics Sector

CVF Capital Partners (“CVF”), a Sacramento, CA based private equity firm, announced today that it has made a $6 million investment in Off Spec Solutions, LLC (“Off Spec Solutions” or “the Company”), a leading over-the-road trucking company servicing customers throughout the Pacific Northwest and the Intermountain West. Daniel and Chris Salvador, co-founders and CEO and COO respectively, elected to partner with CVF to help finance Off Spec’s growth initiatives and will continue in their roles as day-to-day management of the Company.

Founded in 2009 and based in Nampa, Idaho, Off Spec Solutions is a leading over-the-road trucking company with tech-enabled enterprise transportation and freight brokerage solutions. The Company currently helps provide the transportation needs of leading food manufacturers and Ag producers throughout the western U.S. Off Spec Solutions’ proprietary technology platform, Dispatch Assistant®, enables the company to optimize their transportation deliveries, reduce transportation costs, ensure on-time deliveries, and effectively manage the complex supply chains of their customers.

The American Trucking Association summarized the role of trucking best, calling it the “literal lifeblood of the U.S. economy”. Trucking is the physical backbone of the food and Ag industries, together with e-commerce and person-to-person shipments accounting for over 70% of total freight tonnage. In the US alone, spending on overland logistics reached over $700 billion in 2017.

Daniel Salvador, Off Spec’s CEO, commented, “The Off Spec Solutions’ team is very excited to partner with CVF as we enter the next stage of the Company’s growth. We believe there is a significant market opportunity available and are positioned to capture it with CVF’s support. We look forward to building our business both organically and through acquisitions, while continuing to deliver best-in-class solutions to our regional and national customers.”

Chris Salvador, Off Spec’s COO and co-founder, mentioned, “We continue to develop deep relationships with our growing customer base. We look forward to growing with them and providing their over-the-road trucking needs long into the future.” He continued, “The Company is well-positioned to benefit from the region’s continued economic expansion, which has fueled the sector’s growth and created increasingly complex supply chains.”

CVF Managing Partner, José Blanco, added, “CVF is the ideal financial partner for the Salvadors and Off Spec given our longstanding interest in the sector and deep expertise in industrials, transportation, and logistics.” He continued, “Our investment in Off Spec Solutions aligns well with our mission to partner with companies that benefit from strong macroeconomic tailwinds and have clear opportunities to achieve above-market growth. We are excited to partner with such a high-quality company led by an exceptional, purpose-driven management team.”

About Off Spec Solutions

Off Spec Solutions was founded in 2009 by Daniel and Chris Salvador to provide food and livestock waste by-product hauling. While the Company continued to grow in that field, it diversified its offering to provide additional transportation services and general over-the-road trucking.

Currently, the business provides general logistics solutions to a variety of businesses throughout the Western U.S. For nearly 10 years, Off-Spec has partnered with customers by offering reliable, safe, and transparent supply chain solutions. This offering is driven by their state-of-art truck fleet and proprietary software program, Dispatch Assistant®, allowing the Company to optimize carrier sourcing, freight tracking, real-time billing, and payment services, and provide a higher level of business intelligence. For more about Off Spec Solutions, visit www.offspecsolutions.com.

About CVF Capital Partners

CVF Capital Partners was established in 2005 to finance later-stage growth, recaps, and buyout opportunities across the lower middle market. CVF invests both mezzanine debt and preferred equity and has raised $375 million in committed capital across its three funds. The fund has offices throughout California – Davis, Fresno, and San Diego – and in the Pacific Northwest in Portland. This geography allows the firm to attend to small businesses seeking capital throughout California and the broader Western United States. For more information, please visit www.cvfcapitalpartners.com.

For more information contact:

Daniel Salvador

President and CEO

Off-Spec Solutions, LLC

Tel: (208)830-2001

Email: daniel@offspecsolutions.com

José Blanco

Managing Partner

CVF Capital Partners

Tel: 530-757-7004 ext. 227

Email: jblanco@cvfcapitalpartners.com