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Sold a leading provider of snow and ice management services.

CIBC Cleary Gull Advises Winter Services Holdings, LLC on its sale to an undisclosed buyer

Milwaukee, Wisconsin, December 6, 2019 – CIBC Cleary Gull is pleased to announce that its client Winter
Services Holdings, LLC (“Winter Services” or “the Company”), a portfolio company of Tecum Capital
(“Tecum”) and S Group Capital, has been acquired by an undisclosed buyer. CIBC Cleary Gull acted as
exclusive financial advisor to Winter Services in this transaction.

Winter Services is a market-leading provider of snow and ice management services for commercial
enterprises. The Company’s blue-chip customers trust Winter Services to provide reliable snow and ice
management services to ensure full operation and revenue maximization during the winter season. Winter
Services is headquartered in West Allis, Wisconsin and serves customers throughout the Midwest.


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