June 29, 2016

Yukon and Hamilton Lane Support Northern Pacific Group and United Language Group With Add-on Acquisition

MINNEAPOLIS (June 29, 2016) — Yukon Partners (“Yukon”), a provider of mezzanine capital for middle market private equity transactions, is pleased to announce its support of United Language Group, Inc. (“ULG” or the “Company”) with its add-on acquisition of KJ International Resources (“KJI”). As part of the transaction, Hamilton Lane also provided mezzanine capital and acquired a minority equity interest.


United Language Group, Inc., headquartered in Minneapolis, Minnesota, provides translation, localization and other language-related business services to customers across a diverse array of end markets, including life sciences, manufacturing, legal/financial, IT, and hospitality. ULG was formed in 2015 by industry veterans Jeff Brink, Hans Fenstermacher, and Greg Brink, and later joined by CFO Karrie Willis, as a platform company to assemble a family of complementary companies, with a goal of becoming one of the largest language-service providers in the world. The Company is a current portfolio company of Yukon and is led by Northern Pacific Group (“NPG”), a Minnesota-based private equity investment firm.


KJ International Resources, based in Minneapolis, Minnesota, is a provider of translation and localization services for customers in a wide range of medical, technical and other highly regulated fields. KJI is strategically important to ULG’s growing portfolio of language solutions providers specializing in regulated industries, including biotechnology, pharmaceutical, medical device companies, and other organizations.


“We are thrilled to be joining forces with ULG. This opportunity will benefit our clients as we expand our current translation and localization offerings, and further advance our skills and expertise within highly regulated industries,” said Kristen Giovanis, co-founder and CEO of KJI. “KJI will continue to provide the same level of quality on a much larger scale, with an expanded global footprint as a result of this acquisition.”


“We are delighted to strengthen our life sciences practice with KJ International,” said Jeff Brink, CEO of ULG. “KJI has developed a strong brand and customer loyalty, and will benefit from cross-pollination of ULG’s complementary technologies, skillsets and an expanded global footprint. We believe KJ International is a perfect fit, underscoring our commitment to the life sciences sector.”


“We are excited to support NPG and the ULG management team as they continue to execute their value-added strategy,” said Michael Hall, Managing Partner of Yukon. “The combined businesses complement each other very well and the acquisition of KJI solidifies ULG’s position as a leading provider of translation and localization services serving the life sciences industry.”


About United Language Group

United Language Group is a global organization that is headquartered in Minneapolis, Minnesota and has offices in New York City, New York, Hong Kong, China, Galway, Ireland, and London, England. ULG is dedicated to building and managing a portfolio of high-performing and complementary language service providers. ULG adds value and leverages synergies for the collective benefit of its companies and customers.


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 Northern Pacific Group

Northern Pacific Group is a Minnesota-based private equity investment firm focused on acquiring and investing in growing companies in the Midwest with an emphasis on the Technology and Business Services sectors. Northern Pacific Group seeks to drive collaborative achievement at portfolio companies in partnership with ownership groups and management teams. The firm has completed four platform acquisitions and investments to date, including United Language Group, Delaget, Outsell, and Renters Warehouse. For more information, please visit www.northernpacificgroup.com.


About Hamilton Lane

Hamilton Lane is an independent alternative investment management firm providing innovative private markets solutions to sophisticated investors around the world. The firm has been dedicated to private markets investing for more than two decades and currently has more than 250 employees operating in offices throughout the U.S., Europe, Asia, Latin America and the Middle East. With more than $250 billion in total assets under management and supervision, Hamilton Lane offers a full range of investment products and services that enable clients to participate in the private markets asset class on a global and customized basis. For more information, please visit www.hamiltonlane.com.


For more information, please contact:

Michael Hall

Managing Partner

Yukon Partners