CVF Invests in BC2 Environmental

Partnership to drive continued growth in innovative environmental and geotechnical drilling company in California and the Western US

Orange, CA. January 24, 2019 – CVF Capital Partners (“CVF”), a private equity fund headquartered in Northern California, with offices in San Diego, CA and Portland, OR, has acquired BC2 Environmental ("BC2" or the "Company").

BC2 is a leading provider of environmental and geotechnical drilling solutions to California based government organizations, environmental consultants, real estate developers, and other corporations. BC2's management team, led by industry veteran, Kurt Samuelson, will continue to run the business. The additional capital resources and liquidity from the investment will be used to expand operations throughout California and neighboring western states.

Based in Orange, CA, BC2 was formed in 1995 and has grown to become one of the leading environmental drillers in California. The Company serves a blue chip customer base that requires extensive drilling for monitoring groundwater safety, soil remediation and real estate development. The extensive investment in California infrastructure as a result of the new fuel tax, the advent of the 2028 Los Angeles Olympics, and the Los Angeles Rams football stadium represent a massive amount of investment providing the company a solid tailwind.

Environmental and geotechnical drilling has become standard practice worldwide – and, in many cases, a requirement – for any major redevelopment or construction investment. It’s a relatively economical and extremely accurate means of getting the most complete picture possible of subsurface conditions for any large structure, including buildings, bridges, dams, mines and oil rigs.

The company maintains an extensive and diverse fleet of drilling rigs including rotary drills, augers, close-in drills, and sonic drills. This wide variety of drilling capabilities allows BC2 to handle virtually any type of terrain and environment in order to serve its customers.

According to Kurt Samuelson, CEO of BC2, "We have experienced tremendous growth over the past five years, and are committed to building a top tier company. Partnering with CVF bring us the experience and resources that will help take BC2 to the next level."

"Environmental drilling has been our focus in California for decades but the explosive growth and anticipated expansion throughout the state and neighboring states demand that BC2 transition with expanded capabilities and enhanced services. We look forward to working with CVF to capture this huge opportunity for our business," said Samuelson, who co-founded BC2 25 years ago.

"BC2's innovations, equipment assortment, and service levels in environmental and geotechnical drilling provide extraordinary economic and environmental value for their customers," said Stefan Okhuysen, Principal at CVF. "We are truly excited to partner with BC2's excellent management team to continue their growth and expand their scope of services."

"The BC2 team has built a best-in-class service business that understands their customer needs and addresses them in a high value-add, low cost manner," said José Blanco, Managing Partner and co-founder of CVF. "We at CVF specialize in California businesses that can capture the opportunities afforded by the state’s dynamic economy, and BC2 is a true innovator and consistent operator in the field."

For more information contact:

Kurt Samuelson

President and CEO

BC2 Environmental, LLC

Tel: (714) 744-2990

Email: ksamuelson@bc2env.com

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.