EX-99.1
7
ex99-1.htm
PRESS RELEASE
CNL Strategic Capital, LLC 8-K
Exhibit 99.1
News Release
For
information contact:
Colleen
Johnson
Senior
Vice President
Marketing
and Communications
CNL
Financial Group
407-650-1223
CNL
Strategic capital Acquires majority stake in Healthcare safety holdings llc
(Orlando,
Fla.) July 17, 2020 - CNL Strategic Capital, LLC closed an investment in Healthcare Safety Holdings LLC (HSH). CNL
Strategic Capital holds a majority stake in HSH and this is the seventh company in CNL Strategic Capital's
portfolio.
Founded
in 1988 and headquartered in Excelsior, Minnesota, HSH is a leading producer of daily use insulin pen needles, syringes and related
product offerings for the human and animal diabetes care markets. The company specializes in providing "dispense and dispose"
solutions, which allow users to more easily and safely dispose of sharps. HSH produces branded and private label products sold
primarily through distributors to retail pharmacies, veterinary clinics and dialysis centers, as well as via e-commerce channels.
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. 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.
Page
2/ CNL Strategic Capital acquires majority stake in Healthcare Safety Holdings LLC
About
Levine Leichtman Capital Partners
Levine
Leichtman Capital Partners, LLC is a middle-market private equity firm with a 36-year track record of successfully investing across
various targeted sectors, including franchising, professional services, education and engineered products. LLCP utilizes
a differentiated Structured 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.
LLCP's
global team of dedicated investment professionals is led by seven partners who have worked together for an average of 21
years. Since inception, LLCP has managed approximately $11 billion of institutional capital across 14 investment funds
and has invested in over 85 portfolio companies. LLCP currently manages approximately $7 billion of assets - including
its most recent flagship fund, Levine Leichtman Capital Partners VI, L.P., which closed in 2018 with $2.5 billion of
committed capital - 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 7 ex99 - 1 . htm PRESS RELEASE CNL Strategic Capital , LLC 8 - K Exhibit 99 . 1 News Release For information contact : Colleen Johnson Senior Vice President Marketing and Communications CNL Financial Group 407 - 650 - 1223 CNL Strategic capital Acquires majority stake in Healthcare safety holdings llc ( Orlando , Fla . ) July 17 , 2020 - CNL Strategic Capital , LLC closed an investment in Healthcare Safety Holdings LLC ( HSH ) . CNL Strategic Capital holds a majority stake in HSH and this is the seventh company in CNL Strategic Capital 's portfolio . Founded in 1988 and headquartered in Excelsior , Minnesota , HSH is a leading producer of daily use insulin pen needles , syringes and related product offerings for the human and animal diabetes care markets . The company specializes in providing " dispense and dispose " solutions , which allow users to more easily and safely dispose of sharps . HSH produces branded and private label products sold primarily through distributors to retail pharmacies , veterinary clinics and dialysis centers , as well as via e - commerce channels . 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 . 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 . Page 2 / CNL Strategic Capital acquires majority stake in Healthcare Safety Holdings LLC About Levine Leichtman Capital Partners Levine Leichtman Capital Partners , LLC is a middle - market private equity firm with a 36 - year track record of successfully investing across various targeted sectors , including franchising , professional services , education and engineered products . LLCP utilizes a differentiated Structured 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 . LLCP 's global team of dedicated investment professionals is led by seven partners who have worked together for an average of 21 years . Since inception , LLCP has managed approximately $ 11 billion of institutional capital across 14 investment funds and has invested in over 85 portfolio companies . LLCP currently manages approximately $ 7 billion of assets - including its most recent flagship fund , Levine Leichtman Capital Partners VI , L . P . , which closed in 2018 with $ 2.5 billion of committed capital - 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 . # # #