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<h1>News</h1>
<p class="publication">Cape Electrical Supply, LLC Announces Acquisition of Utility Power, Inc.</p>
<p>Chicago, IL - December 20, 2013</strong> - Cape Electrical Supply, LLC ("Cape"), a portfolio company of Svoboda Capital Partners, LLC ("SC"), is pleased to announce the acquisition of Utility Power, Inc. ("Utility Power"). The transaction is the sixth add-on acquisition for Cape since SC invested in November 2007. The PrivateBank and Trust Company provided senior debt to complete the transaction. Specific terms of the transaction were undisclosed.</p>
<p>Based in Decatur, Alabama and founded in 2002, Utility Power specializes in providing electrical utility products for municipalities, electrical service cooperatives, and utility companies. Post-transaction, Utility Power will continue to operate from its Decatur location, and will become a dedicated distributor among Cape's existing branch and distribution network. Utility Power former owners, Jim Shipp, Mike Kennedy, and Charlie Douthit will remain active with their numerous utility customers.</p>
<p>"We are excited to expand our operating footprint into Alabama with the addition of Utility Power." stated Cape Electric President and CEO Kyle Thoma. "By incorporating their talented sales team's experience and relationships, we will continue to strengthen our customer solution package by integrating Cape's core construction and industrial business with Utility Power's utility presence."</p>
<p><strong>About Cape Electrical Supply, LLC</strong><br>
Cape Electrical Supply, LLC, headquartered in Cape Girardeau, MO, is a regional distributor of electrical and communication products serving commercial, industrial, and residential contractors, as well as industrial, utility, and retail customers. The Company offers one of the broadest and most extensive portfolios of electrical supplies and equipment, consisting of over 25,000 stocked products that represent many of the top-tier suppliers in the industry. The Company currently operates 20 distribution and retail locations in Missouri, Illinois, Tennessee, Alabama, Arkansas, Texas, and Kentucky. For more information, please visit <a href="http://www.capeelectric.com" target="_blank">www.capeelectric.com</a>.</p>
<p><strong>About Svoboda Capital Partners LLC</strong><br>
Svoboda Capital Partners LLC is a Chicago-based private equity firm with over $300 million of capital under management. Founded in 1998, SC identifies, invests in and helps build excellent businesses in its targeted business niches: business services, value-added distribution, and consumer products. SC typically makes investments of $10 to $20 million per company as the sole investor or in partnership with other private equity firms.</p>
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