TERMS OF USE AND DISCLOSURES

VISITORS TO THE BOYNE CAPITAL WEBSITE ARE REQUESTED TO READ THE FOLLOWING

Investment Adviser Disclosure

Boyne Capital Management, LLC (“Boyne Capital” or the “Firm”) is a registered investment adviser with the United States Securities and Exchange Commission (“SEC”). Registration of an investment adviser with the SEC does not imply a certain level of skill or training.

All information contained on this website, including any transaction described herein, is for informational and/or illustrative purposes only.  Statements contained on this website that are not historical facts are based on current views, forward-looking expectations, estimates, projections, opinions and/or beliefs of the Boyne Capital team.  Such statements involve risks, uncertainties and other factors.  You should not rely on these statements as if they were facts. Further information about Boyne Capital and its affiliates is also available at https://www.adviserinfo.sec.gov.

No Solicitation or Investment Advice

The investments and strategies discussed throughout the website may not be suitable for all investors and are not obligations of or guaranteed by Boyne Capital or any of its affiliates.  Nothing on this website is to be construed as a solicitation to offer investment advice or services. Information about investing in Boyne Capital funds is only available in the form of private placement memoranda and other offering documents.  These documents contain information to help investors evaluate Boyne Capital funds’ investment objectives, risks, fees and expenses, among other factors, before considering an investment.  By using this website, you agree that Boyne Capital is not liable for any action you take or decision you make in reliance on any website content.

Past performance is no guarantee of future results and no representation is made that Boyne Capital’s funds will achieve their investment objectives or that the strategies will be successful.  Prior investments may have been made under different market, economic or other conditions than those in which future investments and/or strategies will be pursued, and as a result may not be replicated.  Investors may lose part or all of their investment capital. or face various other risks as described in the applicable offering documents. There can be no guarantee that any portfolio investment will exhibit all of the investment criteria listed herein or that an investment with such criteria will ultimately be successful.  Further, such investment criteria may change over time pursuant to the authority granted to Boyne Capital within the relevant fund governing documents.

Certain links, including links to portfolio company websites, are provided on this website.  These links are provided as a convenience and do not imply Boyne Capital’s sponsorship or approval of any of these websites or their content.  Boyne Capital has no control over or responsibility for other websites that may be accessible from this website, the contents thereof, their security or privacy policies, or any products/services that may be offered by them.  If you access any third party website through this website or because it is referred to in this website, you do so at your own risk.  Links to or from this website do not constitute an endorsement by Boyne Capital of the parties or businesses which are so linked, nor do they necessarily indicate any affiliation between us and such parties or businesses.

Details on selected active and realized investments have been included for illustrative purposes only and have been selected in order to provide examples of the types of investments made by Boyne Capital and do not purport to be a complete list of investments.  A complete list of active and realized Boyne Capital investments is available upon request.

The discussion contained on each of the “Perspectives” pages represents the views and opinions of certain Boyne Capital professionals, notably Derek McDowell, the Firm’s Managing Partner as well as certain other members of Boyne Capital’s senior management team.  However, such views and opinions (i) generally represent thoughts based on his experience in the industry; (ii) are not intended as investment advice, advice with regard to selecting legal counsel, valuing a business or engaging in a business transaction; (iii) do not represent a guarantee of any future performance; and (iv) are subject to change.  Visitors should consult with their own legal, tax, business and financial advisors before making decisions related to the sale of their business or the structuring or valuation of any such transaction.

ESG

Neither Boyne Capital, nor its funds are centered on environmental, social or governance (“ESG”) considerations. While Boyne Capital may take certain ESG factors into consideration in its investment or ongoing management decisions, such considerations will not be considered determinative and will always be subject to Boyne Capital’s fiduciary duty to act in the best interests of the Boyne Capital Funds.

Testimonials and Awards

Testimonials of portfolio company executives are provided to demonstrate the benefits of working with the Boyne Capital team.  They are not provided to solicit investors in a Boyne Capital fund.  Some executives featured in testimonials may also have an interest in a Boyne Capital fund; such executive’s testimonial is not offered on the basis of being an investor in a Boyne Capital fund but rather as an executive who works with the Boyne Capital team.

Top 50 PE Firms in the Middle Market– Awarded to leading private equity firms in the middle market as determined by Grady Campbell, a branding and marketing firm specializing in servicing financial sectors. The criteria for the award are management team, market position, track record, growth, cash flow and differentiating culture, product and/or service. Grady Campbell is unaffiliated with Boyne Capital. Boyne Capital did not pay a fee to participate in the award selection process. This rating may not be representative of any one client’s or investor’s experience. Further, this recognition is not to be construed as indicative of Boyne Capital’s future performance.

List of Founder-Friendly Investors– Published by Inc. business magazine, the list honors private equity and venture capital firms with the best track record of success backing entrepreneurs. To compile the list, Inc. went straight to the source: entrepreneurs who have sold to private equity. Founders filled out a questionnaire about their experiences partnering with private equity firms and shared data on how their portfolio companies have grown during these partnerships. Inc. is unaffiliated with Boyne Capital. Boyne Capital paid a fee to participate in the award selection process. This rating may not be representative of any one client’s or investor’s experience. Further, this recognition is not to be construed as indicative of Boyne Capital’s future performance.

Ratings/awards/rankings represent information as of a specific date and time and may not reflect important information which has occurred prior to, or subsequent to, the rating/award/ranking.