Brookside Mezzanine Partners is pleased to announce the successful exit from its investment in Water-Jel Technologies Holding Co., LLC, a portfolio company of Brookside Mezzanine Fund III, LP. Water-Jel is a leading manufacturer of branded and private label specialty medical products, specializing in emergency first aid burn care applications and over-the-counter pharmaceutical preparations. It is a highly-recognized market leader in emergency burn care for industrial and retail markets, as well as for the U.S. military, European Emergency Medical Services and Formula-1 Racing.

In June 2016, Brookside Mezzanine Partners provided subordinated debt and an equity co-investment to support the acquisition of Water-Jel by Pilgrim Capital Partners, LLC, a private equity firm that invests in lower middle-market companies.

"Brookside Mezzanine Partners was an important financing partner and we appreciate their support over the last four years" said Chris Daley, Co-Founder of Pilgrim Capital Partners.

"We were delighted to have had the opportunity to work with Pilgrim Capital Partners and the Water-Jel team and are pleased with the attractive investment outcome for our limited partners" said David Buttolph, Managing Partner & Founder of Brookside Mezzanine Partners. "We wish the team at Water-Jel further success as they continue to execute on their growth strategy."

About Brookside Mezzanine Partners

Founded in 2001, Brookside Mezzanine Partners has raised $900 million across four funds. The Firm is a leading provider of debt and minority equity to small and mid-sized companies throughout the United States. We invest in both sponsored and non-sponsored transactions, providing flexible capital solutions to support buyouts, leveraged recapitalizations, strategic acquisitions, dividends and growth capital.

Please contact us or visit our website at www.brooksidemp.com.