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3. MODERATOR Jon Marino Senior Editor The Deal

4. EXPERT PANEL Bruce K. Fenton Partner Pepper Hamilton LLP

5. EXPERT PANEL James D. Epstein Partner Pepper Hamilton LLP

6. EXPERT PANEL Scott Budoff Partner Saw Mill Capital

7. EXPERT PANEL Marshall Sonenshine Chairman and Managing Partner Sonenshine Partners

8. US Mid-Market* M&A since 2010 Announcement Date by YearDeal Value ($m)No. 2010 179,812328 2011 183,904347 2012 191,221355 2013 (YTD) 70,734126 Subtotal 625,6721,156 Total 625,6721,156 *mid-market deal value = $300m-$1.0bn

9. 2013 YTD2012 Rank Target General Industry Group (GIG) Deal Value $ (m) No.%shareRank Target General Industry Group (GIG) Deal Value $ (m) No.%share 1Real Estate/Property 13,4902119.11Oil & Gas 32,4336217.0 2Oil & Gas 10,8602115.42Technology 21,0863911.0 3Utility & Energy 6,79299.63Healthcare 20,8213910.9 4Healthcare 6,677129.44Real Estate/Property 17,167329.0 5Finance 6,272138.95Utility & Energy 12,664226.6 6Retail 4,05555.76Professional Services 12,370236.5 7Transportation 3,14554.57Finance 12,021206.3 8Technology 2,98664.28Machinery 6,621113.5 9Food & Beverage 2,57963.79Food & Beverage 6,033123.2 10Telecommunications 2,46153.510Dining & Lodging 5,298102.8 Subtotal 59,31710383.9 Subtotal 146,51427076.6 Total 70,734126100.0 Total 191,221355100.0 20112010 Rank Target General Industry Group (GIG) Deal Value $ (m) No.%shareRank Target General Industry Group (GIG) Deal Value $ (m) No.%share 1Healthcare 26,9755214.71Oil & Gas 28,8135016.0 2Oil & Gas 25,3064413.82Healthcare 25,9684514.4 3Technology 22,8754512.43Technology 21,5844112.0 4Real Estate/Property 18,9604110.34Utility & Energy 17,874359.9 5Utility & Energy 12,182236.65Real Estate/Property 12,456266.9 6Finance 8,528144.66Finance 7,895164.4 7Professional Services 8,014154.47Professional Services 7,139154.0 8Telecommunications 6,844123.78Telecommunications 6,752133.8 9Dining & Lodging 5,303122.99Consumer Products 5,87693.3 10Chemicals 5,21172.810Construction/Building 5,70893.2 Subtotal 140,19726576.2 Subtotal 140,06525977.9 Total 183,904347100.0 Total 179,812328100.0 Top 10 Industry Groups for US Mid-Market* M&A since 2010 *mid-market deal value = $300m-$1.0bn

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