TRANSACTION DESCRIPTIONPartial ESOP-owned Hydrofarm, Inc. has been sold to Hawthorn Equity Partners in a transaction that successfully closed in May 2017. ABOUT HYDROFARM, INC.Hydrofarm is one of the United States’ largest wholesalers and manufacturers of hydroponics equipment and high intensity grow lights. For more information, please visit www.hydrofarm.com. ABOUT HAWTHORN EQUITY PARTNERSHawthorn is a private equity firm focused on investing in middle market companies across North America. For more information, please visit www.hawthornep.com. CHARTWELL’S ROLEChartwell acted as financial advisor to the ESOP Trustee and provided a fairness opinion. For more information about this transaction, please contact Richard Joseph.