MINNEAPOLIS (March 29, 2016) — Yukon Partners (“Yukon”), a provider of mezzanine capital for middle market private equity transactions, is pleased to announce it has partnered with Grey Mountain Partners in the recapitalization of its portfolio company Binswanger Enterprises, LLC (“Binswanger” or the “Company”).

Binswanger, headquartered in Memphis, Tennessee, is an installer and retailer of architectural glass and aluminum products, focused on the maintenance, renovation, and new construction of commercial buildings and residential properties, as well as the automotive glass replacement market. Founded in 1872, the Company enjoys a strong brand reputation in local and regional markets across its semi-national network of 66 retail locations in 15 states. Binswanger’s customers include commercial property managers and building owners, retail store owners, general contractors, insurance companies, vehicle owners, and retail customers.

Yukon provided mezzanine capital to facilitate the transaction and acquired a minority equity interest. Schiff Hardin LLP served as legal counsel to Yukon.

“Binswanger is very excited to partner with Yukon Partners as the company continues to profitably grow its architectural glazing and auto glass businesses across our semi-national footprint,” said Binswanger Chief Executive Officer Tim Curran.

Will Pucillo, Vice President of Grey Mountain Partners commented, “Following strong organic profitable growth and two successful growth acquisitions in 2015, this recapitalization with Yukon Partners is an important next step for Binswanger.”

Aaron Arnett, Director of Yukon added, “We are thrilled to be partnering with management and the principals of Grey Mountain Partners on this exciting next phase of growth at Binswanger. The Company has built its reputation of market leadership based on quality, reliability, and customer service over its 144 year history, and is ideally positioned as a strong platform for continued, profitable growth.”

About Binswanger Enterprises, LLC

Binswanger is the largest full-service designer, retailer, and installer of architectural glass and aluminum products within the construction, residential, and automotive markets in the United States. Binswanger was originally founded in 1872 and is headquartered in Memphis, TN. The Company has 66 locations across 15 states. For more information, please visit www.binswangerglass.com.

About Yukon Partners

Yukon Partners is an independent and unaffiliated mezzanine firm primarily serving middle market private equity sponsored business transactions with a typical investment range of $10 to $40 million in the U.S. and Canada. The transactions in which Yukon invests include buyouts, growth and platform strategies, recapitalizations, mergers/acquisitions, and public-to-private buyouts. Yukon Partners is based in Minneapolis, Minnesota. For more information, please visit www.yukonpartners.com.

About Grey Mountain Partners

Grey Mountain Partners is a Boulder, Colorado-based private equity firm that focuses on partnering with management to create lasting value through operational improvements and strategic growth initiatives. Grey Mountain invests at the small end of the middle-market in companies across a wide range of industries, manages approximately $700 million of assets, and is currently investing from its third fund, which was raised in 2013. For additional information, please visit www.greymountain.com

For more information, please contact:

Michael Hall

Managing Partner

Yukon Partners

612-435-7802