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F.N.B. Capital Partners, L.P. Announces Investment in DBi Services, Inc.

Pittsburgh, Pennsylvania – F.N.B. Capital Partners, L.P. (“FNBCP”) announces a new investment in DBi Services, Inc. DBi Services is a market leading provider of transportation infrastructure services. In conjunction with investment partners BNY Mellon-Alcentra and KCAP Financial, FNBCP supported the recapitalization of DBi Services to position the Company for continued growth. FNBCP is a $175 million fund, licensed as a Small Business Investment Company (SBIC) and managed by Tecum Capital Management, Inc.

“We are extremely excited to invest with this management team, who collectively are both leaders and innovators within their industry,” noted Stephen Gurgovits, Jr., Managing Partner for FNBCP. “We expect the company will continue to capitalize on the increasing trend of outsourcing highway and rail maintenance projects.” FNBCP partnered with Alcentra and KCAP to provide the junior debt and preferred securities in the recapitalization. “It was a pleasure working with our two financing partners, and we were fortunate to have such an opportunity,” noted Matthew Harnett, Partner for FNBCP.

Other parties involved in the transaction included M&T Bank as the senior lender and Griffin Financial Group, which served as the financial advisor to DBi Services.

DBi Services is headquartered in Hazleton, PA and was founded in 1978. The Company provides infrastructure maintenance, operations and management solutions primarily in North America for government agencies, utilities, private industries, railways, retailers and other infrastructure owners.