RESTON, Va. (August 12, 2016) - Constellis, a leading provider of operational support and riskmanagement services, announced today that it has entered into a binding agreement for a managementledbuyout of Constellis by a consortium of investors. This consortium will be headed by affiliates ofcertain funds managed by affiliates of Apollo Global Management, LLC (together with its consolidatedsubsidiaries, 'Apollo'), and will include Jason DeYonker (the Chief Executive Officer of Constellis), DeanBosacki (the President of Constellis) and certain other members of management. It is expected that theconsortium of investors also will include Forte Capital, Manhattan Partners and a group of existing coinvestors.Terms of the deal were not disclosed.

The transaction is conditioned on customary regulatory reviews and approvals and is expected to closeprior to the end of the third quarter. Holders of more than a majority of Constellis's 9.750% SeniorSecured Notes have committed to consent to a waiver of the change in control put provisions of suchnotes, which will allow them to remain outstanding after the transaction.

'This management‐led buyout positions us for continued growth as we look to further diversify ourservice offering and expand into new markets and geographies,' said Mr. DeYonker. 'Our currentmanagement team will remain unchanged and will continue to execute our strategic plan. This newpartnership with an expanded group of well‐respected sponsors will enable us to steepen our growthcurve and broaden our strategic vision.'

This press release includes forward‐looking statements. Readers are cautioned that these forward‐lookingstatements are only predictions and are subject to risks, uncertainties, and assumptions that are difficult topredict and many of which are outside the control of the Company. Therefore, actual results may differmaterially and adversely, in terms of quantum and timing, from those expressed in any forward‐lookingstatements. The Company undertakes no obligation to revise or update any forward‐looking statements forany reason except as may be required by law.

About Constellis
Constellis is a leading provider of operational support and risk management services to government andcommercial clients worldwide. From security, crisis response and training to logistics, life support, andtechnology services, we help our clients achieve and sustain success, no matter where they are in theworld. With more than 8,000 personnel, we leverage our operational excellence, comprehensiveexpertise, world‐class facilities and global network of partners to quickly deliver tailored, cost‐effectiveand innovative services to our clients. Constellis represents client interests around the world; operating inmore than 25 countries with regional offices in Africa, the Americas, Europe and the Middle East.Constellis' U.S. government division is headquartered in Reston, Virginia while our commercial operationsare based out of Dubai, United Arab Emirates. For more information, visit www.constellis.com.

About Forte Capital
Forté Capital Advisors combines private equity with experienced and active management in theinvestments in which it participates. In addition to a select portfolio of investments, Forté providestransaction and financial advisory services to growing middle market companies. The Forté team has over40 years' experience managing companies which range from start‐up phase to large multi‐nationaloperations

About Manhattan Partners
Manhattan Partners is comprised of a team of private equity professionals, entrepreneurs and operatorsinvesting in compelling growth and special situation transactions. Manhattan Partners has globalexperience across private equity, corporate finance, M&A, entrepreneurship, and operations. The teamconsiders themselves to be entrepreneurs as well as investors, with an expectation to be intenselyengaged in the management and growth of each portfolio company.

About Apollo
Apollo is a leading global alternative investment manager with offices in New York, Los Angeles, Houston,Chicago, Bethesda, Toronto, London, Frankfurt, Madrid, Luxembourg, Mumbai, Delhi, Singapore, HongKong and Shanghai. Apollo had assets under management of approximately $186 billion as of June 30,2016 in private equity, credit and real estate funds invested across a core group of nine industries whereApollo has considerable knowledge and resources. For more information about Apollo, visitwww.agm.com.

For more information, please contact:
Katy Pultz
Sr. Manager, Marketing & Communications
mediarelations@constellis.com
+1 703 673 5154

Apollo Global Management LLC published this content on 12 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 August 2016 13:25:08 UTC.

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