EX-99.1
4
ex99-1.htm
PRESS RELEASE
CNL Strategic Capital, LLC 8-K
News Release
For information contact:
Colleen Johnson
Senior Vice President
Marketing and Communications
CNL Financial Group
407-650-1223
CNL Strategic capital INVESTS in Douglas Machines Corp.
in
partnershp with Existing management
(Orlando,
Fla.) Oct. X, 2021 - CNL Strategic Capital, LLC acquired a majority equity stake and made a concurrent debt investment in Douglas
Machines Corp. in partnership with Douglas' management. This is the ninth company in CNL Strategic Capital's portfolio.
Founded
in 1979 and headquartered in Clearwater, Florida, Douglas is a leading manufacturer of innovative and customizable commercial cleaning
and sanitizing equipment to the food, pet food, nutraceutical and industrial end markets in the United States. Many of these end markets,
in particular food safety, are subject to increasingly stringent regulations, further accelerated by the COVID-19 pandemic.
About
CNL Strategic Capital
CNL
Strategic Capital is a publicly registered, non-traded limited liability company that seeks to provide current income and long-term appreciation
to individuals by acquiring controlling equity stakes in combination with loan positions in durable and growing middle-market businesses.
The company is externally managed by CNL Strategic Capital Management, LLC and Levine Leichtman Strategic Capital, LLC (LLSC). For additional
information, please visit
cnlstrategiccapital.com
.
About
CNL Financial Group
CNL
Financial Group (CNL) is a private investment management firm providing real estate and alternative investments. Since inception in 1973,
CNL and/or its affiliates have formed or acquired companies with more than $34 billion in assets. CNL is headquartered in Orlando, Florida.
For additional information, please visit
cnl.com
.
About
Levine Leichtman Strategic Capital
LLSC
is an affiliate of Levine Leichtman Capital Partners, LLC (LLCP), a middle-market private equity firm with a 38-year track record of
successfully investing across various targeted sectors, including franchising, professional services, education and engineered products.
LLCP utilizes a differentiated Structured Private Equity investment strategy, combining debt and equity capital investments in portfolio
companies. This unique structure provides a less dilutive solution for management teams and entrepreneurs, while delivering growth and
income with a significantly lower risk profile.
Page 2/ CNL Strategic Capital invests in Douglas Machines Corp. in partnership
with existing management
LLCP's
global team of dedicated investment professionals is led by seven partners who have worked together for an average of 22 years. Since
inception, LLCP has managed approximately $12.7 billion of institutional capital across 15 investment funds and has invested in over
90 portfolio companies. LLCP currently manages $9.0 billion of assets and has offices in Los Angeles, New York, Chicago, Charlotte, Miami,
London, Stockholm and The Hague. For additional information, please visit
llcp.com
.
The
information in this press release may include "forward-looking statements." These statements are based on the beliefs and
assumptions of CNL Strategic Capital's management and on the information currently available to management at the time of such
statements. Forward-looking statements generally can be identified by the words "believes", "expects", "intends,"
"plans", "estimates" or similar expressions that indicate future events. Forward-looking statements are subject
to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond CNL Strategic Capital's
control. Important risks, uncertainties and factors that could cause actual results to differ materially from those in the forward-looking
statements include the risks associated with the Company's ability to pay distributions and the sources of such distribution payments,
the Company's ability to locate and make suitable investments and other risks described in the "Risk Factors"
section of the Company's Annual Report on Form 10-K and the other documents filed by the Company with the Securities and Exchange
Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.
###

EX - 99 . 1 4 ex99 - 1 . htm PRESS RELEASE CNL Strategic Capital , LLC 8 - K News Release For information contact : Colleen Johnson Senior Vice President Marketing and Communications CNL Financial Group 407 - 650 - 1223 CNL Strategic capital INVESTS in Douglas Machines Corp . in partnershp with Existing management ( Orlando , Fla . ) Oct . X , 2021 - CNL Strategic Capital , LLC acquired a majority equity stake and made a concurrent debt investment in Douglas Machines Corp . in partnership with Douglas ' management . This is the ninth company in CNL Strategic Capital 's portfolio . Founded in 1979 and headquartered in Clearwater , Florida , Douglas is a leading manufacturer of innovative and customizable commercial cleaning and sanitizing equipment to the food , pet food , nutraceutical and industrial end markets in the United States . Many of these end markets , in particular food safety , are subject to increasingly stringent regulations , further accelerated by the COVID - 19 pandemic . About CNL Strategic Capital CNL Strategic Capital is a publicly registered , non - traded limited liability company that seeks to provide current income and long - term appreciation to individuals by acquiring controlling equity stakes in combination with loan positions in durable and growing middle - market businesses . The company is externally managed by CNL Strategic Capital Management , LLC and Levine Leichtman Strategic Capital , LLC ( LLSC ) . For additional information , please visit cnlstrategiccapital.com . About CNL Financial Group CNL Financial Group ( CNL ) is a private investment management firm providing real estate and alternative investments . Since inception in 1973 , CNL and / or its affiliates have formed or acquired companies with more than $ 34 billion in assets . CNL is headquartered in Orlando , Florida . For additional information , please visit cnl.com . About Levine Leichtman Strategic Capital LLSC is an affiliate of Levine Leichtman Capital Partners , LLC ( LLCP ) , a middle - market private equity firm with a 38 - year track record of successfully investing across various targeted sectors , including franchising , professional services , education and engineered products . LLCP utilizes a differentiated Structured Private Equity investment strategy , combining debt and equity capital investments in portfolio companies . This unique structure provides a less dilutive solution for management teams and entrepreneurs , while delivering growth and income with a significantly lower risk profile . Page 2 / CNL Strategic Capital invests in Douglas Machines Corp . in partnership with existing management LLCP 's global team of dedicated investment professionals is led by seven partners who have worked together for an average of 22 years . Since inception , LLCP has managed approximately $ 12.7 billion of institutional capital across 15 investment funds and has invested in over 90 portfolio companies . LLCP currently manages $ 9.0 billion of assets and has offices in Los Angeles , New York , Chicago , Charlotte , Miami , London , Stockholm and The Hague . For additional information , please visit llcp.com . The information in this press release may include " forward - looking statements . " These statements are based on the beliefs and assumptions of CNL Strategic Capital 's management and on the information currently available to management at the time of such statements . Forward - looking statements generally can be identified by the words " believes " , " expects " , " intends , " " plans " , " estimates " or similar expressions that indicate future events . Forward - looking statements are subject to substantial risks and uncertainties , many of which are difficult to predict and are generally beyond CNL Strategic Capital 's control . Important risks , uncertainties and factors that could cause actual results to differ materially from those in the forward - looking statements include the risks associated with the Company 's ability to pay distributions and the sources of such distribution payments , the Company 's ability to locate and make suitable investments and other risks described in the " Risk Factors " section of the Company 's Annual Report on Form 10 - K and the other documents filed by the Company with the Securities and Exchange Commission . This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities . # # #