January 2016 DEAL SUMMARY Chartwell is pleased to announce Pima Medical Institute (PMI), the leading accredited provider of proprietary post-secondary allied health education, has completed a follow-on equity sale to its Employee Stock Ownership Plan (ESOP). In 2012, PMI engaged Chartwell to execute a follow-on sale to the PMI ESOP for purposes of providing shareholder liquidity. This past year, PMI engaged Chartwell to advise on an additional increase in PMI ESOP ownership through the sale of the Chairman’s equity The transaction successfully closed on December 15, 2015. "There is nobody out there that looks out for an owner better than Greg Fresh. He has surrounded himself with an excellent team who made the process easy for us. We were very pleased with Chartwell’s work, their ability to get the transaction to the finish line on time, and their delivery on their promises to us. Chartwell did a masterful job of working this very complicated process to a successful completion." Richard (Dick) LuebkeChairmanPima Medical Institute ABOUT PIMA MEDICAL INSTITUTEPima Medical Institute offers career training in the healthcare industry from campus locations and online learning platforms. Programs offered include associate’s degrees, certificate programs, and online bachelor’s degrees in subject areas across the healthcare field including dental hygiene, nursing, veterinary, pharmacy, and healthcare administration. PMI is headquartered in Tucson, Arizona and has 16 campus locations across the Western U.S. For more information about PMI, please visit www.pmi.edu. ABOUT CHARTWELL FINANCIAL ADVISORYChartwell provides comprehensive financial advisory solutions and investment banking services to the middle market. With substantial corporate finance and capital markets expertise, the Chartwell team works with clients and their advisors to deliver independent, solutions-based advisory services that are unbiased to outcome, free from conflicts, and focus on optimizing client objectives. For more information about Chartwell, please visit www.chartwellfa.com. For additional information on this transaction, please contact Greg Fresh, Head of Corporate Finance, at 612-230-3125 or email@example.com.