Patriot Capital Invests in Shipley Associates

Patriot Capital Group, a multi-strategy middle market investment firm, is pleased to announce its investment in Shipley Associates, a Kaysville, Utah headquartered provider of business development consulting and training services focused on winning business in highly complex and competitive environments. Patriot partnered with Petra Capital Partners in its investment in Shipley.

Using a worldwide network of consultants and industry thought-leaders, Shipley supports major business development projects from strategy development, process improvement, web-based and classroom training, sales enablement, capture planning and proposal writing and management of over 1,100 proposal efforts per year. Since its founding in 1972, Shipley has built an unparalleled reputation as a global leader in business development services. Shipley has provided capture management and proposal development services to 21 of the top 25 U.S. Government contractors and has worked with 42 of the top 50 Fortune 500 companies to improve sales performance and pursuit win rates.

“We are thrilled to have new investment partners who are focused on facilitating Shipley’s global growth, innovation, and leveraging of technology solutions while continuing our thought leadership role in the business-winning industry. We remain dedicated to providing the industry with exceptional talent through our skilled consultants, trainers, and employees,” said Todd Barnett, Chairman & CEO of Shipley.

For more information, visit the website at www.shipleywins.com. For more information on this transaction, please contact:

About Patriot Capital

Patriot Capital utilizes a disciplined investment strategy developed over many years that focuses on capital preservation, consistent earnings growth, and income generation. Patriot Capital has invested in and managed companies successfully through varying periods of economic expansion and contraction. We understand and employ successful strategies and tactics needed to guide our companies through these periods. For more information, please visit our website.