Sentinel recapitalizes Total Military Management in partnership with its founders

Adds Relocation Services Provider to Business Services Portfolio

NEW YORK, April 20, 2015 – Sentinel Capital Partners, a private equity firm that invests in promising companies at the lower end of the middle market, today announced the recapitalization of Total Military Management ("TMM"), a leading technology-enabled, asset-light provider of relocation services to U.S. military and government personnel. The investment was made in partnership with TMM's founders. Terms of the transaction were not disclosed.

Based in Jacksonville, Florida, TMM targets the fragmented $2.5 billion U.S. military moving and storage industry, which is comprised of approximately 300,000 annual relocations of the 1.3 million active duty U.S. military members and their families. TMM utilizes its sophisticated technology systems, operating infrastructure, and global network of service providers to manage the resource-intensive and administratively complex logistical tasks associated with domestic and international military relocations. Since its founding in 2003 by Matt Connell, TMM has become a leading outsourced provider in the military household relocation industry with a strong dedication to high levels of customer service.

"We are excited to partner with Total Military Management and its entrepreneurial management team," said Paul Murphy, a partner at Sentinel who previously served as an officer in the U.S. Army. "TMM has been on an impressive growth path. Its asset-light model is a highly efficient way to address the ongoing relocation needs of military personnel driven by frequent base-to-base moves, an important aspect of military life. We expect TMM will continue to grow and deliver high quality relocation services for U.S. military personnel and their families."

"This investment marks the next chapter in TMM's growth," said Matt Connell, CEO and President of TMM. "We welcome Sentinel's significant experience in helping service businesses drive innovation and revenue growth."

Sentinel has broad experience investing in the business services sector and in companies that provide products and services to the U.S. government. Examples include: Critical Solutions International, a global supplier of landmine and improvised explosive device detection vehicles, systems and support services to the U.S. and international military services; North American Rescue, a leading developer and distributor of tactical emergency medical equipment to military and first-responder markets; and ReachOut Healthcare America, a provider of mobile dental services to U.S. Army and National Guard units.