Realized Investments

	Aladdin Food Management Services Wheeling, WV Description: Aladdin is a contract food service company, providing food, nutrition and dining management services to institutions throughout the Midwest, East and Southeast U.S. Transaction Summary: Initially, Parkway supported the equity sponsor in the buyout of the Company from its original owner through a Subordinated Debt investment. Subsequently, Parkway invested additional capital to fund three acquisitions. The new financings included additional Subordinated Debt, a Junior Secured Loan and Common Equity. The Company was sold to a financial buyer.
	Aurafin Tamarac, FL Description: Aurafin was a leading U.S. manufacturer and distributor of moderately priced gold jewelry. Transaction Summary: Parkway co-invested with another mezzanine provider in a Subordinated Debt facility to support the Company's acquisition of its leading competitor. The combination allowed the Company to nearly double in size, making it the largest in its market. The Business was sold to a strategic buyer.
	Home Health Corporation King of Prussia, PA Description: Home Health Corporation of America had been a provider of skilled home health nursing and related patient services. Transaction Summary: Parkway, as the sole institutional investor, made a Subordinated Debt investment with Warrants to provide liquidity and growth capital. The Company was sold to strategic acquirers.
	I2S, Inc. Columbia, MD Description: i2S, Inc. was a provider of IT and operational support services to the intelligence community. The Company provided expertise in the areas of intelligence analysis, enterprise architecture, knowledge management, systems engineering, and advanced software development to Fortune 500 and government clients. Transaction Summary: Parkway provided Subordinated Debt with Warrants to facilitate the acquisition of controlling interest by management from a venture capital firm. i2S was acquired by a strategic buyer.
	Icon Identity Solutions Elk Grove Village, IL Description: Icon remains one of the nation's largest manufacturers of custom outdoor illuminated signage. As a turnkey vendor, Icon provides end-to-end project management, manufacturing and installation services for large corporations throughout the U.S. Transaction Summary: Proceeds from Parkway's Subordinated Debt investment were utilized to recapitalize the Company and fund growth. The transaction allowed Icon's existing equity sponsor to strengthen the Company's balance sheet prior to a period of rapid growth. The Company was sold to a financial buyer.
	The F.B. Leopold Company Zelienople, PA Description: Leopold was a leading designer, developer and supplier of components, supplies and services needed for filtration and clarification systems in water and wastewater treatment plants. Transaction Summary: Parkway provided Subordinated Debt, as well as a co-investment in both Preferred and Common Equity, to support an equity sponsor's acquisition of the business from its foreign parent. The transaction allowed the management team to become equity participants and provided a strong foundation for becoming an independent entity. Leopold was sold to a strategic buyer.
	NexCycle/Strategic Materials Houston, TX Description: The Company is the largest glass recycler and powdered glass processor in North America, as well as a leading collector and recycler of plastics. Transaction Summary: Originally, Parkway invested in NexCycle to support an equity sponsor's acquisition of the Company. Parkway invested additional Subordinated Debt to facilitate the merger of NexCycle with Strategic Materials, Inc., creating one of the largest recyclers of glass and plastic in the U.S. and Canada. The Business was sold to a financial buyer.
	NLS Animal Health Owings Mills, MD Description: NLS was a full service distributor of veterinary products to more than 8000 companion animal and equine clinics throughout the U.S. Transaction Summary: Parkway co-invested with an equity sponsor and the Company's president to acquire a controlling interest in the Company. Parkway's investment was structured as Common Equity. NLS was sold to a strategic buyer.
	NSW Roanoke, VA Description: NSW manufactures extruded plastic products utilized in food and industrial packaging, and environmental industries. Transaction Summary: Parkway co-invested with the management team in the buyout of NSW from its parent company. As the sole institutional investor and board member, Parkway worked closely with management to support organic growth and several acquisitions. Parkway’s investment in NSW was in the form of Subordinated Debt with Warrants. The Company was sold to a strategic buyer.