Asydan Capital Management Exits Investment in The SAILS Group, Inc.

Exit Marks Successful Strategic Investment in Specialty Health Care Provider

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BOSTON, MA-Asydan* Capital Management, LLC ("Asydan"), a leading lower middle market private equity firm based in Boston, Massachusetts, announced today that it, along with Atalaya Capital Management LP ("Atalaya"), an alternative asset manager focused on private credit and special opportunities investments, has successfully exited its investment in The SAILS Group, Inc. ("SAILS" or the "Company"), a leading provider of residential care homes and other high touch treatment for behaviorally challenged clients, and Patterns Behavioral Services, Inc. ("Patterns"), a national provider of comprehensive services for children and adults diagnosed with autism and other developmental disabilities.

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Asydan invested in SAILS in 2016 together with Atalaya, providing the Company with the strategic capital needed to help make transformational acquisitions in complimentary businesses in Washington and Kansas, as well as purchase and expand Patterns. Following these important business combinations, Asydan partnered with SAILS's management team to drive expansion of the Company's best-in-class clinical capabilities and to help to improve operational and financial results. Today, SAILS operates more than 50 homes and residential locations and, with Patterns, serves more than 500 clients nationally.

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"What Ihab Shahawi and Vivian El Shahawi built, first in SAILS and then in Patterns, is truly extraordinary," said Wayne Mack, Asydan Managing Partner. "Their commitment to delivering outstanding clinical outcomes and services to a larger community compelled us to partner with them. We are thrilled to see this vision continue forward under their leadership and, with SAILS's merger into Redwood Family Care Network, the chance for Ihab and Vivian's approach to improve even more people's lives through continued growth."

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About SAILS and Patterns

The SAILS Group, Inc. develops and operates service programs and facilities for behaviorally challenged children and adults across California and Washington. SAILS offers residential care homes, supported living services, crisis-management interventions, behavioral ABA consultation, in-home services, training and education, adult behavioral and day care services, consulting and outsourcing, senior home care, and transportation services. The company was founded in 1996 and is based in Costa Mesa, California.

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About Asydan Capital Management

Asydan Capital Management is a Boston, Massachusetts-based private equity firm focused on control investments in growth-oriented companies in the North American lower middle market. Based in Boston, Asydan provides investors with access to a historically less accessible segment of the market through a diversified investment platform spanning private equity, public equity, and venture capital.

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