Inverness Graham Completes the Sale of Global ID Group

Philadelphia, PA, September 29, 2016 – Inverness Graham, a private investment firm based in suburban Philadelphia, is pleased to announce the sale of Global ID Group (“Global ID”), a market leading food safety and testing company that addresses the challenges and opportunities facing the rapidly evolving food industry. Headquartered in Fairfield, Iowa, with additional facilities in Europe and South America, Global ID provides a comprehensive suite of food testing, supply chain compliance software and services, and food certification solutions. Inverness Graham acquired Global ID in November 2013 after a proactive search in the food safety and testing market with industry expert, David Acheson. David is the former Chief Medical Officer at the FDA Center for Food Safety and Applied Nutrition. Inverness Graham continues to seek opportunities with testing companies in the food, life sciences, environmental, energy, or technology sectors.

Tripling of EBITDA in 3 Years Under Inverness Graham Ownership

“Our investment thesis was predicated on continued strong market growth driven by increasing regulatory requirements, rapidly evolving consumer preferences for knowledge and safe food, and growing international trade within an increasingly complex global food supply chain,” stated Trey Sykes, Managing Principal of Inverness Graham. “In partnership with management, we were able to successfully execute our strategic vision by optimizing operations, adding new products, enhancing the management team and expanding the technology and software functionality, all of which led to nearly doubling sales and tripling EBITDA over our three year hold.”

Ken Ross, Chief Executive Officer of Global ID, said “Inverness Graham was a true value-added partner to us. They helped us refine our strategy and provided the support and resources we needed to drive accelerated growth. We look forward to building on this momentum and are excited for what the future holds at Global ID.”

About Inverness Graham Investments

Headquartered in Newtown Square, PA, Inverness Graham is an operationally focused private investment firm with over $500 million of assets under management. Inverness Graham acquires high growth, innovative manufacturing and services companies. Our approach is as unique as our heritage. Founded by senior executives of the Graham Group, a family owned multi‐national industrial concern, we bring unparalleled resources developed over a 50 year operating history to support our portfolio companies. Inverness Graham partners with businesses to provide the financial and operational support necessary to accelerate growth while enabling owners to achieve their key liquidity objectives.