PNC Riverarch Capital announced the acquisition of a controlling interest in The Cleaning
Authority, LLC (TCA), a leading franchisor of residential cleaning businesses with 183 franchised
service territories in the United States and Canada.

Founded in 1977, TCA has developed a proven franchise system which affords franchises
territorial exclusivity, turn-key marketing and operational support, and access to proprietary
business management software. The company’s franchises provide regular cleaning services to
over 80,000 customers, with more than 1.7 million cleanings performed in 2013. The company
is headquartered in Columbia, Maryland.

“TCA’s partnership with PNC Riverarch will allow us to continue to provide best of class
support to our franchises while also devoting additional resources to franchise development
and business expansion,” said Rob Weddle, chief executive officer of TCA.

The transaction for PNC Riverarch Capital was led by Michael Rost, managing director;
Andrew Wiechkoske, director; and Brian Blake, associate. PNC Riverarch Capital will be
represented on the Board of Directors by Rost and Wiechkoske. PPM America Capital
Partners, Audax Mezzanine, and TCA management have co-invested alongside PNC
Riverarch Capital. Additionally, TCA co-founder Steve Robinson reinvested into the
transaction and will remain on the TCA Board of Directors.

“TCA’s strong franchise model has resulted in consistent growth for the company and its
highly successful franchises,” said Rost. “We believe the company’s strong management
team, proven marketing and operational support systems, and strong base of highly
experienced franchises ideally positions TCA to take advantage of continued growth in the
residential cleaning market.”

Senior financing for the transaction was provided by NXT Capital and BMO Capital Markets and
Audax Mezzanine provided the subordinated debt. KPMG Corporate Finance LLC represented
TCA in this transaction and acted as its exclusive financial advisor.

PNC Riverarch Capital is a middle-market private equity group that invests in privately-held
companies headquartered throughout North America. It seeks to invest $10 million to $50
million per transaction in support of recapitalizations, leveraged and management buyouts,
corporate divestitures, and growth financings. PNC Riverarch invests in well-positioned
companies across a variety of industry sectors, including outsourced services, specialized
manufacturing, and value-added distribution. Since 1982, PNC Riverarch and its predecessors
have provided equity capital to more than 100 companies.

August 25, 2014