Investments All Current Exited Industrials Business Services Consumer Supply Chain/Logistics Aerospace & Defense Headquarters Orlando, FL Leadership Frank Pinder, CEO Date of Investment July 2010 Status Exited (March 2016) Structure Shared-control with another sponsor and with significant management ownership Company Profile Provides workers’ compensation fraud and investigation services for large companies, insurers and third-party administrators. GlobalOptions’ proprietary GlobalTrack software allows customers to aggregate their data and better manage their operations. Its blue-chip customer base provides a stable platform for growth in a fragmented multi-billion dollar industry. Industry Insurance Services / Software Transaction Type Corporate divestiture Balmoral Opportunity Balmoral partnered with the management team of a division of a microcap public company that had sought to liberate the business unit from its parent and grow its business, which enjoys attractive contribution margins. Website igps.net Headquarters Orlando, FL Leadership Jeff Pepperworth (CEO) Date of Investment June 2013 Status Active Structure Majority, in Shared-Control Structure Company Profile Operator of the world’s first plastic pallet rental service featuring lightweight, 100% recyclable plastic pallets with embedded radio frequency identification (RFID) technology. The company’s plastic pallets and integrated technologies yield significant savings for product manufacturers (of beverages, foods, pharmaceuticals, agriculture, etc.) and their customers who receive such products (e.g. retailers). Industry Logistics / Mobile Assets Transaction Type Turnaround followed by growth investment in 2019 Balmoral Opportunity Partnered with experienced and successful operators and a private equity firm (whose foreign affiliate had manufactured 10 million pallets that iGPS has purchased) to acquire the only U.S.-based plastic pallet rental/pooling business. The new management will implement strategies focused on greater logistics efficiency, faster velocity of the assets in use and lower loss/damage rates.