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	<h1>News</h1>
	<p class="publication">Svoboda Capital Partners Completes Sale of GPA to The Fedrigoni Group</p>
	<p>Chicago, IL - April 21, 2015 - Svoboda Capital Partners ("SC") has sold its interest in leading substrate distributor GPA Holdings Company, Inc. ("GPA") to The Fedrigoni Group ("Fedrigoni") of Verona, Italy. Lincoln International, LLC advised SC and management on the sale.</p>

<p>GPA, a well-established company serving the specialty paper market in North America, has grown to become the leading source of high quality substrates and new product innovation. As part of Fedrigoni, GPA will be focused on the continued expansion of their broad-based portfolio of products and services.</p>

<p>With a history dating back to 1888, Fedrigoni is a leading provider of paper, security products and self-adhesive items to customers in over 80 countries worldwide.</p>

<p>"In concert with our new partner Fedrigoni, this arrangement puts GPA in an incredible position to serve the graphic arts industry. Fedrigoni is known and respected worldwide as a manufacturer of fine papers and adhesives, offering over 13,000 SKUs, and with their support, we will continue to develop our innovative product portfolio and offer even greater value to our customers. I look forward to the further innovations and growth we will achieve together," said Bob Niesen, President and CEO at GPA.</p>

<p>Svoboda Capital Partners, through its affiliates, originally recapitalized GPA in partnership with management in 2004. "On behalf of Svoboda Capital Partners, it has been a pleasure to work with the very talented group of professionals at GPA over the last decade. They have built an excellent organization that is highly respected within the industry. As a key strategic partner for many years, we know Fedrigoni will enhance GPA's strong market position as the two companies come together," said John Svoboda, Managing Director of Svoboda Capital Partners.</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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