Knob Hill Partners Closes Search Fund

BOSTON, MA, Jan 12 (MARKET WIRE) --
Knob Hill Partners, LLC, a search fund led by Charles Burckmyer and Scott
Noll, announced today that it has held the final closing on its fund and
commenced its nationwide search for a company to acquire. The fund is
positioned to capitalize on significant opportunities in small- to
mid-market businesses.

The fund is actively seeking a well-established, profitable company with
revenues of $10-30 million and a sustainable competitive position in a
growing industry. Following the acquisition, the partners will take a
day-to-day operating role within the company to expand the business and
accelerate its growth.

Bill Egan, Founder and Managing Partner at Marion Equity Partners, stated,
"We chose to invest in Knob Hill because of the team's proven track record
for sales execution and business development, and because of their
commitment to success." Egan continued, "We're confident in their process,
and believe in Scott's and Charlie's ability to identify and successfully
grow a winning operation."

Charles Burckmyer, Managing Partner at Knob Hill, added, "Our strategy
differs from that of typical financial buyers: we want to provide
full-time, on-site operational leadership to continue the business and
enhance the vision. This makes us an ideal match for sellers that want to
pass the torch to like-minded entrepreneurs who do not see the company
purely as an investment."

"We are very excited to be moving forward in what we feel is an opportune
environment," explained Scott Noll, Managing Partner. "We are pleased to
have the commitment of our investors, and believe that with their support,
we are well positioned for success during the search, acquisition, and
operating stages."

About Knob Hill Partners

Knob Hill Partners is an investment team formed to uncover small- to
middle-market acquisition opportunities. Its fund can provide business
owners with an attractive exit opportunity and deliver growth capital to
the firm, ensuring continuity to customers, employees and the community.
The fund is managed by Charles Burckmyer and Scott Noll, with the support
of 11 Limited Partners. Prior to co-founding Knob Hill Partners, both
Charles Burckmyer and Scott Noll completed their Masters in Business
Administration at the F.W. Olin School of Business at Babson College. For
more information, please visit www.knobhillpartners.com.

Knob Hill Partners, LLC
101 Tremont Street
Suite 1109
Boston, MA 02108
617.391.9050

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