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Acquisition of JGB Enterprises

Washington, D.C., December 2018 — HCI Equity Partners is pleased to announce its acquisition of JGB Enterprises, a value-added assembler and supplier of industrial and hydraulic hose and hose accessories, as well as a variety of other industrial products. Based in Liverpool, NY, JGB's products are used in a variety of end-markets, including oil and gas, agriculture, mining, construction, marine, chemical, food, commercial and government (the Department of Defense and the Defense Logistics Agency). The Company serves over 4,000 customers annually and its products facilitate the conveyance of liquids, gases and dry bulk materials for end-users. JGB offers one of the broadest portfolios of hose and hose assembly products in the industry. The Company's hoses are selected and assembled to meet specific size, pressure, temperature and material requirements in critical applications.