HAS RECEIVED A $40M GROWTH EQUITY INVESTMENT from
March 2017

PAS Global Has Received a $40 Million Growth Equity Investment from Tinicum, L.P.
March 2017

Signal Hill is pleased to announce that its client PAS Global, LLC has received a $40 million growth equity investment from Tinicum, L.P., a private investment partnership, and certain affiliated funds.

PAS is a leading provider of industrial control system (ICS) cybersecurity, process safety, and asset reliability software solutions to the energy, power, and process industries worldwide. PAS solutions include ICS cybersecurity, automation asset management, IPL assurance, alarm management, high performance HMITM, boundary management, and control loop performance optimization. PAS solutions are installed in over 1,100 facilities worldwide in more than 70 countries.

"Chris Hieb, Chris Hastings, and the team at Signal Hill helped guide us to Tinicum, the perfect partner for our business. Signal Hill has an established track record of success raising capital for growth companies and bringing deep industry knowledge to the table."

Eddie Habibi, Founder & CEO

PAS Global

This is the sixth growth capital raise completed by Signal Hill's Private Capital Group in the past 12 months, totaling over $275M in proceeds for Signal Hill clients.

About Signal Hill
Signal Hill Capital Group LLC, along with its affiliate, Signal Hill LLC (together, "Signal Hill"), is a leading independent advisory boutique serving the M&A and private capital raising needs of growth companies and was named 2016 Boutique Technology Investment Bank of the Year by the Global M&A Network. Signal Hill's experienced bankers provide deep domain expertise and an unyielding commitment to clients in our sectors: Internet & Digital Media, Internet Infrastructure, Services and Software. With more than 600 completed transactions and offices in Baltimore, Bangalore, Boston, Mumbai, Nashville, New York, Reston and San Francisco, Signal Hill leverages deep strategic industry and financial sponsor relationships to help our clients achieve Greater Outcomes. For more information visit www.signalhill.com.