2023 Year In Review Footnotes

Public Markets + Preferred Transactions

1. With respect to any such investment that is the subject of a definitive sale agreement, but that has not yet closed, there can be no assurances that any such transaction will ultimately close or close on schedule.

Awards + Certifications

2. Great Places to Work® is an annual certification for which American Securities pays a fee to conduct the survey and process the results. The certification badge is valid for 12 months from the finalization of each annual survey. The survey was conducted in May and June 2023, and the certification was given in June 2023.

3. American Securities did not pay fees to apply for GrowthCap’s list of Top Private Equity Firms. The Firm paid a required fee to accept the award and be recognized by GrowthCap as a winner on their website. The award was given on September 18, 2023.

4. American Securities did not pay fees to apply for Mergers & Acquisitions’ Best Places to Work in Private Equity Award. The Firm paid a required licensing fee to be able to use the award graphic. The award was given on September 11, 2023.

5. Consideration for the Inc. 2023 Founder-Friendly Investors list required the submission of an online application which includes references from founders of one or more portfolio companies, and total application fees of less than $6,000. Private equity and venture capital firms that have exited U.S.-based, founder-led, portfolio companies are eligible to apply. Portfolio companies can be either public or private. Honorees were chosen by Inc. based on an internal application review process. The award was given on October 31, 2023.