NEW ORLEANS, December 1, 2021 - Carr's Hill Capital Partners Management, LP ("Carr's Hill Partners" or "CHP"), a private equity firm focused on the industrial technology & services sectors, today announced the addition of Tyler Houin to the investment team.

Tyler recently joined as a Vice President, focused on deal sourcing, investment evaluation, leading transaction due diligence, and supporting the growth of CHP's growing investment portfolio. Prior to joining CHP, Tyler was a Vice President at Ridgemont Equity Partners, a Charlotte-based private equity firm with approximately $4 billion in assets under management. While at Ridgemont, Tyler was active in deal sourcing, evaluation, and portfolio management. Prior to Ridgemont, Tyler worked at Credit Suisse Securities in Houston, TX. Tyler graduated with a B.S. in Finance from Louisiana State University's E.J. Ourso College of Business where he received The University Medal for outstanding academic performance.

"Having known Tyler for a long time, we are excited to add his experience to our team," said H. David de Laureal, Managing Partner of Carr's Hill Partners. "As our investment activity ramps up, Tyler brings a critically strong background in deal evaluation and portfolio company management."

CHP is actively seeking to acquire new industrial technology & services platform opportunities between $3M to $15M of EBITDA. Potential characteristics include the following:

Industrial Technology

•    Specialty products or services with strong technical features, providing opportunities for technology & innovation to drive growth.

•    Sub-sectors include inspection & testing, process & flow control, and industrial automation.

Industrial Services

•    Mission-critical solutions and services that need to be carried out at regular intervals.

•    Sub-sectors include facility services, transportation & logistics, infrastructure services, and environmental services.