West Palm Beach, Fla. – Comvest Partners (“Comvest”), an operationally-focused middle-market private investment firm, is pleased to announce that Charles Asfour has joined the Firm as a Partner. Mr. Asfour assumes a key leadership role within the Comvest Special Opportunities investment platform, where he serves on the strategy’s investment committee and is responsible for originating, structuring, and managing special opportunities investments. He is based in Comvest’s Chicago office.

Mr. Asfour joins Comvest with more than 15 years of experience originating, executing, and managing special situation-oriented structured capital investments. Prior to joining Comvest, Mr. Asfour founded Aves Capital Management, L.P., a Chicago-based manager of special situation oriented structured capital investments and funds. Before founding Aves, Mr. Asfour spent nearly a decade at Victory Park Capital Advisors, LLC, where he was a partner, an investment committee member and most recently led the firm’s special opportunities strategy and team. Prior to Victory Park, Mr. Asfour held several other positions within the private equity and investment banking industries, including with Code Hennessy & Simmons, LLC, and JPMorgan Securities, Inc.

“We are very excited to welcome Charlie to Comvest,” said Greg Reynolds, Partner and Co-Head of Direct Lending of Comvest Credit Partners, Comvest’s direct lending investment platform. “Charlie brings a proven track record and deep experience executing and managing special opportunities investments in high-quality middle-market companies in the industry sectors Comvest targets. With his skill set, knowledge, and industry relationships, he is a great complement to our Comvest Special Opportunities team as we continue to expand our reach providing flexible capital solutions to companies with unique operational or growth needs.”

Mr. Asfour said, “I am thrilled to embark on my partnership with Comvest. I am very impressed by Comvest’s breadth of operational resources and decades-long success structuring complex, non-control transactions. I also share the Firm’s approach of utilizing creativity to deliver targeted and highly flexible financing solutions to middle-market companies. I look forward to leveraging my skill set and expertise to help Comvest further capitalize on an attractive and growing special situations market opportunity.”

Comvest Special Opportunities, Comvest’s structured capital investment platform, focuses on providing hybrid structured debt and/or non-control equity capital solutions to sponsored and non-sponsored middle-market companies.

The strategy targets North American companies with enterprise values of more than $50 million in Comvest’s core industries, which include business and technology services, consumer and e-commerce, financial services and specialty finance, healthcare, industrial services, and transportation and logistics. Investments are tailored to meet companies’ strategic objectives and can involve hybrid capital structures that include senior and junior debt, structured equity, and bridge capital.

About Comvest Partners

Comvest is an operationally focused private investment firm that has provided equity and debt capital to well-positioned middle-market companies throughout North America since 2000. Through its private equity, direct lending and special opportunities investment platforms, Comvest offers tailored investment solutions across the capital structure, deep industry and operating expertise, a collaborative approach, and significant transaction experience as an active investor. Today, Comvest manages more than $8.9 billion in assets, and has invested over $9.2 billion since inception. Based in West Palm Beach, Comvest also maintains offices in Chicago and New York. For more information, please visit www.comvest.com.

For more information, please contact:

Robert O’Sullivan, Managing Partner – r.osullivan@comvest.com

David Weiss, Managing Director, Head of Investor Relations – d.weiss@comvest.com