MINNEAPOLIS (August 16, 2016) — Yukon Partners (“Yukon”), a provider of mezzanine capital for middle market private equity transactions, is pleased to announce that is has partnered with Sorenson Capital (“Sorenson”) in its investment in Axiom Materials, Inc. (“Axiom” or the “Company”).

Axiom, headquartered in Orange County, California, is a manufacturer of proprietary advanced composite materials and related products for customers in the aerospace & defense, industrial, automotive, medical device, and electronics industries. The Company provides customized, mission-critical products that are characterized by lightweight, durable, and temperature-resistant properties to over 300 customers.

Sorenson sponsored the transaction in which it, Yukon, and other institutional co-investors facilitated the recapitalization of Axiom. NXT Capital provided the senior credit facility and mezzanine capital was provided by Yukon. Schiff Hardin LLP served as legal counsel to Yukon.

“We are delighted to partner with Sorenson Capital and Yukon Partners to co-author the next major chapter in the Axiom Materials story,” said Johnny Lincoln, Ph.D., founder and president of Axiom Materials. “With the combined capabilities of Axiom, Sorenson Capital and Yukon Partners, the company’s future has never been brighter. We are now aligned and capitalized to accelerate our long-term strategic goals and ultimately reach our highest potential. It is an exciting time to be part of the Axiom team.”

“We are tremendous believers in Axiom Materials and its future,” said LeGrand Lewis, Managing Director of Sorenson Capital. “Johnny and his team have built an exceptional company that has been able to attract and develop some of the best talent in the industry, and to establish world-class technology, technical and manufacturing excellence, in addition to a culture of high integrity. We are excited to see what this phenomenal company will accomplish with this infusion of capital and an expanded network of professional relationships.”

William Dietz, Managing Partner of Yukon, added, “Yukon is excited to partner with Axiom and Sorenson to support the next phase of the Company’s growth. Axiom’s reputation as an innovative and leading manufacturer of advanced composite materials positions it well for continued, profitable growth in the evolutionary composites space.”

About Axiom Materials

Axiom Materials is headquartered in Orange County, California, and is a manufacturer of specialty advanced composite materials for customers across a broad base of industries. The Company was founded in 2009 with the intention of combining high-quality composite products with customer-oriented service and forward-thinking design. For more information, please visit www.axiommaterials.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 Sorenson Capital

Sorenson Capital (www.sorensoncapital.com) is a private equity firm that makes small to middle-market buyout and growth equity investments. Sorenson Capital has more than $1 billion in capital under management and typically makes investments of $10 to $40 million in companies with unique strategic positions. Sorenson Capital is managed and controlled by West Rim Capital and is based in Salt Lake City, Utah.

For more information, please contact:

William Dietz

Managing Partner

Yukon Partners

612-435-7804