The Stephens Group Provides Mid-Year Recap of Investment Initiatives; Announces Launch of New Website

June 5, 2019

New Website Incorporates Updated Brand Positioning to Reflect Investment Legacy and Go-forward Strategy

LITTLE ROCK, ARKANSAS – JUNE 5, 2019 – The Stephens Group, LLC (“Stephens Group”), a private, family-owned investment firm, today provided an overview of the various business activities undertaken by the firm during the first half of 2019.

Regarding deal activity, in mid-January, Stephens Group announced that it completed the sale of its interests in NSC Minerals, a market-leading provider of salt products in Western Canada and the North Central United States, to Kissner Group Holdings. Just over a week later, the firm announced that it committed additional capital to its current portfolio company CS Disco, a legal technology company, which raised an additional $83 million led by Georgian Partners to bring the company’s total funding to $135 million. On February 20, Stephens Group completed the sale of its interests in Kodiak Gas Services, the largest privately owned and third largest compression company in the United States, to EQT Infrastructure. Most recently, in late March, the firm acquired Sound Seal Holdings, Inc., a Massachusetts-based manufacturer of acoustical noise control solutions.

“The first half of the year was a busy and successful period for the entire Stephens Group team, which worked diligently to complete a number of critical transactions,” said Witt Stephens, Jr., Chief Executive Officer & Co-Chairman of Stephens Group. “As we continue charging ahead, we will focus our investment efforts on commercial and industrial products and services, food and consumer products, and software and technology-enabled services. We believe these sectors are ripe for opportunity and growth, and fit within our evolving core strategy. As we have throughout our long history, we will also remain opportunistic in evaluating compelling situations that are well suited for our firm. We are confident 2019 will continue to be active for us as we seek to execute on both strategic investments and partnerships with high quality businesses and management teams.”

In addition to Stephens Group’s investment activity, the firm recently unveiled a new website and updated brand positioning. The new website and positioning reflect the firm’s enduring values and innovative strategy. The improved, mobile-ready website highlights The Stephens Group’s investment approach, team and areas of focus, as well as developments at Stephens Group and its portfolio companies.

Mr. Stephens continued, “Stephens Group was formally founded in 2006, but our family’s history of investing in and partnering with great companies and entrepreneurs spans nearly nine decades. We are proud of the businesses we have built and continue to grow, and we recognize the need to evolve in order to compete in today’s ever-changing marketplace. Our new website pays homage to our past and positions us well for the future.”

About The Stephens Group

The Stephens Group, LLC, based in Little Rock, AR, is a private, family-owned investment firm that partners with talented management teams to help build valuable businesses. Backed by the resources of the Stephens family, which has worked with founders and businesses for nearly 90 years, Stephens Group provides sophisticated, strategic expertise and takes a partnership approach to help companies successfully achieve their business goals and build long-term value. With over $1 billion invested since 2006, Stephens Group targets investments in industries across the U.S., including industrial and commercial products and services, specialty distribution, B2B food and consumer products, and technology infrastructure and tech-enabled services, as well as select opportunistic situations. For more information, please visit www.stephensgroup.com.