Aegis Merger Sub, Inc., (“Aegis Merger Sub”), which is owned by funds affiliated with Apollo Global Management, LLC (NYSE: APO), today announced that, in connection with its proposed merger with Presidio Holdings Inc. (“Presidio”), it intends to offer $400 million in aggregate principal amount of senior unsecured notes due 2023 (the “Notes”) in a private offering. The Notes offering is part of the financing for, and is conditioned upon, the consummation of the proposed merger. Upon the consummation of the merger, Presidio will assume all of the obligations of Aegis Merger Sub under the Notes and the related indenture by operation of law.

The net proceeds from the Notes offering are intended to be used to finance, in part, the cash consideration to be paid in the proposed merger, and to pay for certain fees, expenses and other purposes related to the proposed merger.

Upon consummation of the merger, the Notes will be guaranteed on an unsecured senior basis by certain of Presidio’s subsidiaries.

The Notes will not be registered under the Securities Act of 1933, as amended (the “Securities Act”) or any state securities laws and may not be offered or sold in the United States except pursuant to an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. The Notes will be offered only to qualified institutional buyers in accordance with Rule 144A and to non-U.S. Persons under Regulation S under the Securities Act.

This press release does not and will not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor will there be any sale of the Notes in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.

Forward-Looking Statements

This press release contains statements regarding beliefs and expectations of the outcome of future events that are forward-looking statements as defined within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that do not relate solely to historical or current facts, and you can identify forward-looking statements because they contain words such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” “estimates,” “projects,” or “anticipates” or similar expressions that concern our strategy, plans or intentions. These forward-looking statements are subject to risks and uncertainties that may change at any time, and, therefore, actual results may differ materially from management’s expectations reflected in our forward-looking statements. We take no responsibility for updating the information contained in this press release following the date hereof to reflect events or circumstances occurring after the date hereof or the occurrence of unanticipated events.