Highview Capital Acquires Good Source Solutions

Highview Capital, LLC (“Highview”) today announced that it has completed
the acquisition of specialized food service distributor Good Source
Solutions (“Good Source” or “the Company”) from Evergreen Pacific
Partners. The investment will drive continued growth for Good Source in
partnership with the existing management team, which has decades of
experience in food distribution.

Good Source, founded in 1989, provides a broad range of food
distribution and product solutions to value-focused end markets
including education, corrections, non-profit, business & industry and
healthcare. The Company also provides value-added services such as
packaging, labeling and menu planning to address the unique and complex
needs of its customers. Good Source has strong relationships with over
500 global, leading food manufacturers, and its sophisticated
procurement system links suppliers with over 2,500 customers across the
United States. The Company generates over $200 million in revenue

Rich Friedlen, President and Chief Executive Officer of Good Source,
said, “Good Source is proud of the relationships we have forged with our
customers and partners, which have enabled us to expand across North
America and offer products and services at the best quality and price.
Our success is founded on the caliber of our team and our customers’
trust in our offerings. This new partnership positions us extremely well
for continued growth and we look forward to working with the Highview

Ryan McCarthy, Founder and Senior Portfolio Manager of Highview Capital,
LLC, said, “Rich and the Good Source team have built an outstanding
business by leveraging their sophisticated distribution network,
industry expertise and relationships. This partnership will empower the
Company to further capitalize on a fragmented industry and sharpen its
competitive edge. We are excited to support Good Source in the future
through both organic initiatives and strategic acquisitions to fuel
expansion into new markets.”

About Good Source Solutions

Good Source is a specialized food distributor with sophisticated
procurement and logistical capabilities, serving a wide spectrum of
value-focused end markets through a national network of facilities. Good
Source’s products focus on center-of-plate with an offering that
includes poultry, meats, pasta, fruits, vegetables, bakery items,
beverages, appetizers, sides, and snacks. Additionally, the Company
provides menu & recipe planning and value-added product enhancements
addressing complex packaging, labeling, nutrition, and dietary
requirements. Good Source serves thousands of public and private-sector
customers in the education, correction, food service, healthcare, and
non-profit markets, among others.

About Highview Capital, LLC

Founded in 2016, Highview is a $500 million evergreen private equity
fund based in Los Angeles. Highview invests in and provides strategic
and operational resources to middle-market businesses poised to undergo
a transformation. The fund is backed by patient capital from a single
LP, allowing it to take a long-term perspective. Highview employs a
highly flexible investment mandate and invests in family/founder-owned
businesses, corporate carve-outs, value-oriented buyouts and special

About Evergreen Pacific Partners

Evergreen Pacific Partners, which manages two private equity funds
totaling $700 million, invests in traditional buyouts, management led
buyouts, and growth equity investments involving traditional
middle-market companies in the Western U.S. and Canada. Its investors
include foundations, endowments, pension funds and West Coast-based CEOs
with experience in Evergreen’s target industries.

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