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<font color=3D"#00a0e1"><b>Carlsquare strengthens Industrial Tech Practice=
=20
<br/>with Steffen Leckert as new Head</b>
<br/></font>
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Since February 1st Steffen Leckert has joined Carlsquare as a new partner i=
n Munich. With his experience of more than 25 years in investment banking, =
he will be leading the Industrial Technology team within Carlsquare. Mr. Le=
ckert has experiences in divers financial institutions ranging from univers=
al bank to M&amp;A boutique. He advised on disposals, acquisitions, public =
takeovers, IPOs and secondary offerings, private placements, and debt finan=
cings across a wide range of industries.=20
<br/>
<br/>Previously Steffen Leckert worked as Managing Director at Houlihan Lok=
ey in the business segment Corporate Finance with a European responsibility=
 for Industrial Technologies and Packaging. Prior to that, Mr. Leckert work=
ed for Lincoln International, overseeing the industrial business in the DAC=
H region as well as the corporate coverage activities. Beforehand, he led t=
he German industrial and automotive team of Mediobanca and worked for Bank =
of America Merrill Lynch with responsibilities for private equity clients a=
nd automotive supply companies.=20
<br/>
<br/>Carlsquare is a partner-led investment bank that supports companies an=
d their shareholders in the implementation of strategic goals. These includ=
e owner-managed medium-sized companies and market leaders, rapidly growing =
champions with disruptive technologies and business models, but also corpor=
ations, growth equity/private equity investors and family offices who want =
to grow and increase value with entrepreneurs. In 2020, Carlsquare advised =
respective buyers and sellers on more than 30 transactions with a transacti=
on volume of =E2=82=AC2.5bn.=20
<br/>
<br/><i>=E2=80=9CWe would like to welcome Steffen Leckert in our team in Mu=
nich and are very happy to have an expert on Industrial Technology on board=
 from now on,=E2=80=9D</i> says Caspar Graf Stauffenberg, Managing Partner =
in the Munich Carlsquare office.=20
<br/>
<br/><i>"I am thrilled to have joined Carlsquare, probably the most dynamic=
 and aspiring financial advisory firm in the German mid market and beyond. =
With its focus on high growth and technology driven business models across =
industry verticals I view Carlsquare as an ideal platform to build a premie=
r Industrial Technology practice," </i>comments Steffen Leckert.
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<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"50" style=3D"wid=
th:100%;height:50px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;" role=3D"presentation">
<tr>
<td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"width=
:30px;line-height:1px;mso-line-height-rule: exactly;font-size:1px!important=
;">&nbsp;
</td>
<td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN10D11 caN=
10D11 " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;font-=
size:11px;">
<font color=3D"#00a0e1"><b>Michael Moritz </b></font>
<br/>Managing Partner=20
<br/><a href=3D"mailto:michael.moritz@carlsquare.com" target=3D"_blank" sty=
le=3D"text-decoration: underline;color:#003867;font-size:11px;font-family:A=
rial, Helvetica, sans-serif;">Michael.Moritz@carlsquare.com</a>=20
<br/>+49 30 809 33 47 13
</td>
<td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN10D11 caN=
10D11 " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;font-=
size:11px;">
<b><font color=3D"#00a0e1">Mark Miller </font></b>
<br/>Managing Partner
<br/><a href=3D"mailto:Mark.Miller@carlsquare.com" target=3D"_blank" style=
=3D"text-decoration: underline;color:#003867;font-size:11px;font-family:Ari=
al, Helvetica, sans-serif;">Mark.Miller@carlsquare.com</a>
<br/>+49 40 300 836 11
</td>
<td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN10D11 caN=
10D11 " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;font-=
size:11px;">
<b><font color=3D"#00a0e1">Caspar Graf Stauffenberg </font></b>
<br/>Managing Partner=20
<br/><a href=3D"mailto:Caspar.Stauffenberg@carlsquare.com" target=3D"_blank=
" style=3D"text-decoration: underline;color:#003867;font-size:11px;font-fam=
ily:Arial, Helvetica, sans-serif;">Caspar.Stauffenberg@carlsquare.com</a>
<br/>+49 89 255 49 53 11
</td>
<td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"width=
:30px;line-height:1px;mso-line-height-rule: exactly;font-size:1px!important=
;">&nbsp;
</td>
</tr>
</table>
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" class=3D"ies=
" style=3D"width:100%;height:10px;line-height:1px;mso-line-height-rule: exa=
ctly;font-size:1px!important;">&nbsp;
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td align=3D"center" valign=3D"top">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" width=3D"100%" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D"wid=
th:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D"wid=
th:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D"wid=
th:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"600" height=3D"10" style=3D"widt=
h:600px;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" class=3D"ies=
" style=3D"width:100%;height:10px;line-height:1px;mso-line-height-rule: exa=
ctly;font-size:1px!important;">&nbsp;
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"50" style=3D"wid=
th:100%;height:50px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;" role=3D"presentation">
<tr>
<td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"width=
:30px;line-height:1px;mso-line-height-rule: exactly;font-size:1px!important=
;">&nbsp;
</td>
<td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN10D11 caN=
10D11 " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;font-=
size:11px;">
<font color=3D"#00a0e1"><b>Daniel Garlipp</b></font>
<br/>Managing Partner=20
<br/><a href=3D"mailto:Daniel.Garlipp@carlsquare.com" target=3D"_blank" sty=
le=3D"text-decoration: underline;color:#003867;font-size:11px;font-family:A=
rial, Helvetica, sans-serif;">Daniel.Garlipp@carlsquare.com</a>=20
<br/>+49 40 300 836 19
</td>
<td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN10D11 caN=
10D11 " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;font-=
size:11px;">
<b><font color=3D"#00a0e1">Anders Bo</font></b>
<br/>Managing Partner=20
<br/><a href=3D"mailto:Anders.Bo@carlsquare.com" target=3D"_blank" style=3D=
"text-decoration: underline;color:#003867;font-size:11px;font-family:Arial,=
 Helvetica, sans-serif;">Anders.Bo@carlsquare.com</a>=20
<br/>+45 41 99 82 52
</td>
<td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN10D11 caN=
10D11 " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;font-=
size:11px;">
<font color=3D"#00a0e1"><b>Flemming C. Pedersen</b> </font>
<br/>Managing Partner=20
<br/><a href=3D"mailto:Flemming.C.Pedersen@carlsquare.com" target=3D"_blank=
" style=3D"text-decoration: underline;color:#003867;font-size:11px;font-fam=
ily:Arial, Helvetica, sans-serif;">Flemming.C.Pedersen@carlsquare.com</a>=
=20
<br/>+45 41 99 82 51
</td>
<td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"width=
:30px;line-height:1px;mso-line-height-rule: exactly;font-size:1px!important=
;">&nbsp;
</td>
</tr>
</table>
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" class=3D"ies=
" style=3D"width:100%;height:10px;line-height:1px;mso-line-height-rule: exa=
ctly;font-size:1px!important;">&nbsp;
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td align=3D"center" valign=3D"top">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" width=3D"100%" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D"wid=
th:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D"wid=
th:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D"wid=
th:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"600" height=3D"10" style=3D"widt=
h:600px;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" class=3D"ies=
" style=3D"width:100%;height:10px;line-height:1px;mso-line-height-rule: exa=
ctly;font-size:1px!important;">&nbsp;
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"50" style=3D"wid=
th:100%;height:50px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;" role=3D"presentation">
<tr>
<td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"width=
:30px;line-height:1px;mso-line-height-rule: exactly;font-size:1px!important=
;">&nbsp;
</td>
<td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN10D11 caN=
10D11 " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;font-=
size:11px;">
<font color=3D"#00a0e1"><b>Anders Elgemyr</b></font>
<br/>Managing Partner=20
<br/><a href=3D"mailto:Anders.Elgemyr@carlsquare.com" target=3D"_blank" sty=
le=3D"text-decoration: underline;color:#003867;font-size:11px;font-family:A=
rial, Helvetica, sans-serif;">Anders.Elgemyr@carlsquare.com </a>
<br/>+46 70 496 18 15
</td>
<td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN10D11 caN=
10D11 " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;font-=
size:11px;">
<b><font color=3D"#00a0e1">Dr. Manfred Drax </font></b>
<br/>Partner=20
<br/><a href=3D"mailto:Manfred.Drax@carlsquare.com" target=3D"_blank" style=
=3D"text-decoration: underline;color:#003867;font-size:11px;font-family:Ari=
al, Helvetica, sans-serif;">Manfred.Drax@carlsquare.com</a>
<br/>+49 89 255 49 53 15
</td>
<td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN10D11 caN=
10D11 " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;font-=
size:11px;">
<font color=3D"#00a0e1"><b>Andreas Zetzsche</b> </font>
<br/>Partner=C2=A0=C2=A0
<br/><a href=3D"mailto:Andreas.Zetzsche@carlsquare.com" target=3D"_blank" s=
tyle=3D"text-decoration: underline;color:#003867;font-size:11px;font-family=
:Arial, Helvetica, sans-serif;">Andreas.Zetzsche@carlsquare.com</a>
<br/>+49 30 809 33 47 33
</td>
<td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"width=
:30px;line-height:1px;mso-line-height-rule: exactly;font-size:1px!important=
;">&nbsp;
</td>
</tr>
</table>
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" class=3D"ies=
" style=3D"width:100%;height:10px;line-height:1px;mso-line-height-rule: exa=
ctly;font-size:1px!important;">&nbsp;
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td align=3D"center" valign=3D"top">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" width=3D"100%" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D"wid=
th:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D"wid=
th:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D"wid=
th:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"600" height=3D"10" style=3D"widt=
h:600px;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" class=3D"ies=
" style=3D"width:100%;height:10px;line-height:1px;mso-line-height-rule: exa=
ctly;font-size:1px!important;">&nbsp;
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"50" style=3D"wid=
th:100%;height:50px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;" role=3D"presentation">
<tr>
<td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"width=
:30px;line-height:1px;mso-line-height-rule: exactly;font-size:1px!important=
;">&nbsp;
</td>
<td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN10D11 caN=
10D11 " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;font-=
size:11px;">
<font color=3D"#00a0e1"><b>Dr. Arnold Holle </b></font>
<br/>Managing Partner=20
<br/><a href=3D"mailto:Arnold.Holle@carlsquare.com" target=3D"_blank" style=
=3D"text-decoration: underline;color:#003867;font-size:11px;font-family:Ari=
al, Helvetica, sans-serif;">Arnold.Holle@carlsquare.com</a>=20
<br/>+44 20 8017 6013
</td>
<td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN10D11 caN=
10D11 " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;font-=
size:11px;">
<b><font color=3D"#00a0e1">Nico Schmidt-Weidemann</font></b>
<br/>Partner=20
<br/><a href=3D"mailto:Nico.Schmidt@carlsquare.com" target=3D"_blank" style=
=3D"text-decoration: underline;color:#003867;font-size:11px;font-family:Ari=
al, Helvetica, sans-serif;">Nico.Schmidt@carlsquare.com</a>
<br/>+49 89 255 49 53 17
</td>
<td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN10D11 caN=
10D11 " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;font-=
size:11px;">
<b><font color=3D"#00a0e1">Morten Kj=C3=A6rulff</font></b>
<br/>Partner=20
<br/><a href=3D"mailto:Morten.Kj=C3=A6rulff@carlsquare.com" target=3D"_blan=
k" style=3D"text-decoration: underline;color:#003867;font-size:11px;font-fa=
mily:Arial, Helvetica, sans-serif;">Morten.Kj=C3=A6rulff@carlsquare.com</a>
<br/>+45 2634 9031
</td>
<td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"width=
:30px;line-height:1px;mso-line-height-rule: exactly;font-size:1px!important=
;">&nbsp;
</td>
</tr>
</table>
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" class=3D"ies=
" style=3D"width:100%;height:10px;line-height:1px;mso-line-height-rule: exa=
ctly;font-size:1px!important;">&nbsp;
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td align=3D"center" valign=3D"top">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" width=3D"100%" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D"wid=
th:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D"wid=
th:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D"wid=
th:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"600" height=3D"10" style=3D"widt=
h:600px;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" class=3D"ies=
" style=3D"width:100%;height:10px;line-height:1px;mso-line-height-rule: exa=
ctly;font-size:1px!important;">&nbsp;
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"50" style=3D"wid=
th:100%;height:50px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;" role=3D"presentation">
<tr>
<td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"width=
:30px;line-height:1px;mso-line-height-rule: exactly;font-size:1px!important=
;">&nbsp;
</td>
<td align=3D"center" valign=3D"top" width=3D"180" class=3D"ies" style=3D"wi=
dth:180px;line-height:1px;mso-line-height-rule: exactly;font-size:1px!impor=
tant;">&nbsp;
</td>
<td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN10D11 caN=
10D11 " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;font-=
size:11px;">
<b><font color=3D"#00a0e1">Steffen Leckert</font></b>
<br/>Managing Partner=20
<br/><a href=3D"mailto:Steffen.Leckert@carlsquare.com" target=3D"_blank" st=
yle=3D"text-decoration: underline;color:#003867;font-size:11px;font-family:=
Arial, Helvetica, sans-serif;">Steffen.Leckert@carlsquare.com</a>
<br/>+49 89 255 49 53 26
</td>
<td align=3D"center" valign=3D"top" width=3D"180" class=3D"ies" style=3D"wi=
dth:180px;line-height:1px;mso-line-height-rule: exactly;font-size:1px!impor=
tant;">&nbsp;
</td>
<td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"width=
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