Press release

Lightyear Capital Announces Investment in Lighthouse

Sponsored by Businesswire

Lightyear Capital LLC (“Lightyear”), a New York-based private equity
firm focused on financial services, announced today that investment
funds affiliated with Lightyear have acquired a controlling stake in
Lighthouse Technologies Holdings Corp (“Lighthouse” or the “Company”), a
leader in technology-enabled eDiscovery, compliance and information
governance. Several existing investors and the senior management team
will remain committed shareholders as part of this transaction.
Financial terms were not disclosed.

Founded in 1995, Lighthouse provides end-to-end software and services to
help compliance and legal teams manage enterprise data and the
eDiscovery process. The Company enables legal and compliance teams to
fully understand their data in response to incidents like litigation and
government investigations and in designing programs to proactively
uncover the potential for future incidents. Lighthouse clients include
Fortune 100 companies in highly regulated industries such as financial
services, healthcare, pharmaceuticals, and technology. The Company is
headquartered in Seattle, Washington, with additional offices in San
Francisco, New York, Phoenix, London and Zurich.

“Our investment in Lighthouse follows several years of active efforts to
identify and pursue leading companies in the rapidly expanding field of
financial services governance, risk and compliance,” said Mark F.
Vassallo, Managing Partner of Lightyear. “Lighthouse has a strong and
dedicated management team and we look forward to working with them as
they continue to execute on their growth strategy.”

“Lightyear Capital is a great partner,” said Brian McManus, Chief
Executive Officer of Lighthouse. “With a strong reputation and
significant expertise in the financial technology sector, we are excited
to have their support as we continue to grow the company, both
organically and through acquisitions. We see numerous exciting growth
opportunities and look forward to accelerating those initiatives as we
enter this next chapter with Lightyear.”

William Blair & Co. acted as Lightyear Capital’s exclusive financial
advisor in connection with the acquisition and related financing.
Macquarie Capital acted as Lighthouse’s exclusive financial advisor in
this transaction.

About Lightyear Capital LLC

Founded in 2000, Lightyear is a financial services-focused private
equity firm based in New York. Through its affiliated private equity
funds, Lightyear makes primarily control investments in North
America-based, middle-market companies across the financial services
spectrum, including financial technology, asset and wealth management,
healthcare financial services, insurance and insurance services,
payments and processing, and specialty finance. Lightyear brings focus
and discipline to its investment process, as well as operating,
transaction and strategic management experience, along with significant
contacts and resources beyond capital. For more information, please

About Lighthouse

Lighthouse provides software and services to manage the increasingly
complex landscape of enterprise data for compliance and legal teams.
Lighthouse leads by developing proprietary technology that integrates
with industry-leading third-party software, automating workflows, and
creating an easy-to-use, end-to-end platform. Lighthouse also delivers
unique proprietary applications and advisory services that are highly
valuable for large, complex matters, and a new SaaS platform designed
for in-house teams. Whether reacting to incidents like litigation or
governmental investigations, or designing programs to proactively
minimize the potential for future incidents, Lighthouse partners with
multinational industry leaders, top global law firms, and the world’s
leading software provider as a channel partner. For more information,