Constellis, a leading provider of operational support and risk management services, announced today that it has entered into a binding agreement for a management-led buyout of Constellis by a consortium of investors. This consortium will be headed by affiliates of certain funds managed by affiliates of Apollo Global Management, LLC, and will include Jason DeYonker (the Chief Executive Officer of Constellis), Dean Bosacki (the President of Constellis) and certain other members of management. It is expected that the consortium of investors also will include Forte Capital, Manhattan Partners and a group of existing co-investors. Terms of the deal were not disclosed.

The transaction is conditioned on customary regulatory reviews and approvals and is expected to close prior to the end of the third quarter. Holders of more than a majority of Constellis’s 9.750% Senior Secured Notes have committed to consent to a waiver of the change in control put provisions of such notes, which will allow them to remain outstanding after the transaction.

“This management-led buyout positions us for continued growth as we look to further diversify our service offering and expand into new markets and geographies,” said Mr. DeYonker. “Our current management team will remain unchanged and will continue to execute our strategic plan. This new partnership with an expanded group of well-respected sponsors will enable us to steepen our growth curve and broaden our strategic vision.”

This press release includes forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties, and assumptions that are difficult to predict and many of which are outside the control of the Company. Therefore, actual results may differ materially and adversely, in terms of quantum and timing, from those expressed in any forward-looking statements. The Company undertakes no obligation to revise or update any forward-looking statements for any reason except as may be required by law.

About Constellis
Constellis is a leading provider of operational support and risk management services to government and commercial clients worldwide. From security, crisis response and training to logistics, life support, and technology services, we help our clients achieve and sustain success, no matter where they are in the world. With more than 8,000 personnel, we leverage our operational excellence, comprehensive expertise, world-class facilities and global network of partners to quickly deliver tailored, cost-effective and innovative services to our clients. Constellis represents client interests around the world; operating in more than 25 countries with regional offices in Africa, the Americas, Europe and the Middle East. Constellis’ U.S. government division is headquartered in Reston, Virginia while our commercial operations are based out of Dubai, United Arab Emirates. For more information, visit www.constellis.com.

About Forte Capital
Forté Capital Advisors combines private equity with experienced and active management in the investments in which it participates. In addition to a select portfolio of investments, Forté provides transaction and financial advisory services to growing middle market companies. The Forté team has over 40 years’ experience managing companies which range from start-up phase to large multi-national operations

About Manhattan Partners
Manhattan Partners is comprised of a team of private equity professionals, entrepreneurs and operators investing in compelling growth and special situation transactions. Manhattan Partners has global experience across private equity, corporate finance, M&A, entrepreneurship, and operations. The team considers themselves to be entrepreneurs as well as investors, with an expectation to be intensely engaged in the management and growth of each portfolio company.

About Apollo

Apollo is a leading global alternative investment manager with offices in New York, Los Angeles, Houston, Chicago, Bethesda, Toronto, London, Frankfurt, Madrid, Luxembourg, Mumbai, Delhi, Singapore, Hong Kong and Shanghai. Apollo had assets under management of approximately $186 billion as of June 30, 2016 in private equity, credit and real estate funds invested across a core group of nine industries where Apollo has considerable knowledge and resources. For more information about Apollo, visit www.agm.com.