Terms of Use and Regulatory Information

Visitors to the Pfingsten Website are Requested to Read the Following:

Thank you for visiting the website of Pfingsten Partners, L.L.C. (“Pfingsten”). By accessing this website, you acknowledge and agree to accept the following terms and conditions of use (“Terms of Use”), which may be updated by Pfingsten at any time. Any updates to the Terms of Use will be posted here, and are effective upon posting. As Pfingsten is under no obligation to alert the users of its website to such updates, you should consult this Terms of Use page each time you visit the website.

If you have any questions or comments about the Terms of Use, please contact us at pfingsten@pfingsten.com or (312) 222-8707.

Use of Website and Content

All content and information, and all trademarks, logos, copyrights and other intellectual property displayed on the website is owned by Pfingsten or others. By visiting this website, you agree to not use any website content commercially, forward it as a mass distribution, post it on another site, or otherwise copy, distribute, download or modify any portion of it without advance permission. Other trademarks, service marks, images and logos may be owned by other parties, who may or may not be affiliated with Pfingsten. Nothing on this website shall be interpreted as granting, by implication, estoppel or otherwise, any license or right to use any content on this website without the written permission of Pfingsten or such other third party that may own such content. All rights not expressly granted are reserved.

Regulatory Disclosures

Pfingsten Partners, L.L.C. (“Pfingsten”) is an investment adviser registered with the United States Securities and Exchange Commission (“SEC”) under the Investment Advisers Act of 1940, as amended. Registration of an investment adviser with the SEC does not imply a certain level of skill or training. Further information about Pfingsten is also available in Form ADV Part 2, filed with the SEC, available at www.adviserinfo.sec.gov.

All information contained on this website, including any transaction described therein, is for informational purposes only. Statements contained on this website that are not historical facts are based on current views, forward-looking expectations, estimates, projections, opinions and/or beliefs of the Pfingsten Team. Such statements involve risks, uncertainties and other factors. You should not rely on these statements as if they were facts.

The investments and strategies discussed throughout the website may not be suitable for all investors and are not obligations of or guaranteed by Pfingsten or any of its affiliates. Nothing on this website is to be construed as a solicitation to offer investment advice or services. Information about investing in Pfingsten funds is only available in the form of Private Placement Memoranda and other offering documents. These documents contain information to help investors evaluate Pfingsten funds’ investment objectives, risks, charges and expenses, among other factors, before considering an investment. By using this website, you agree that Pfingsten is not liable for any action you take or decision you make in reliance on any website content.

This website contains information about a selection of Pfingsten’s investments. These company case studies are intended as examples that clarify and typify Pfingsten’s investment approach, not as an exhaustive catalogue of Pfingsten investments. Past results are no guarantee of future results and no representation is made that an investor will or is likely to achieve results that are similar to those of the companies described.

These investments were not chosen for their profitability. Prior investments may have been made under different market, economic or other conditions than those in which future investments and/or strategies will be pursued, and as a result may not be replicated. Investors may lose part or all of their investment capital or face various other risks as described in the applicable offering documents.

Portfolio companies described on this website do not purport to represent all portfolio company investments made by Pfingsten. Not all of our portfolio investments had the characteristics, prospects, or projected successes highlighted. Past results are not indicative, nor a guarantee, of future results, which may vary.

Testimonials and endorsements reflect Pfingsten’s and portfolio company management’s opinions and beliefs regarding the company and the investment. Such opinions and beliefs are subjective, do not represent a complete assessment of the company, the market or Pfingsten’s overall investment performance and cannot be independently verified. Endorsements from portfolio company founders and executives are offered as references for purposes of demonstrating the benefits of working with the Pfingsten team and not for the purpose of soliciting investors. Such executives receive(d) a salary and/or other economics from the respective portfolio company and may be investors in Pfingsten funds. No executives were compensated for their endorsements. There is a conflict of interest in these unpaid endorsements in that portfolio company executives are or were employed by or invested in a current or former Pfingsten portfolio company.

Third Party Awards and Designations

The awards and designations presented on this website are the opinion of the respective parties conferring the award or designation and not of Pfingsten.  Such persons are unaffiliated with Pfingsten, and the full extent of the scope of firms and data included in the related surveys or evaluations is unknown.

The “Top PE Firms in the Middle Market” is a program designed by GCI Publishing to acknowledge and promote small and mid-sized leading private equity firms in the middle market. Winning firms are selected based upon their track record, reputation, leadership and third-party endorsement. The firms all have fund sizes of $125MM to $850MM and have headquarters in the United States. Pfingsten did not pay a fee to receive this ranking but did pay CGI Publishing for licensing of the logo and reference to the award.

Inc. Magazine awards a place on the list of the “Best Private Equity Firms for Entrepreneurs” based on a survey of firms that are identified by the magazine’s editors or that apply for the award. Firms under consideration are evaluated by the magazine using a proprietary system that takes into consideration both portfolio company data and interviews with current and former portfolio company personnel. Pfingsten paid fees in conjunction with its application for, and promotion of, the 2023 Founder-Friendly Investors List.

Linked Sites and Third-Party Information

Certain links, including links to portfolio company websites, are provided on this website. These links are provided as a convenience and do not imply Pfingsten’s sponsorship or approval of any of these websites or their content. Pfingsten has no control over or responsibility for other websites that may be accessible from this website, the contents thereof, their security or privacy policies, or any products/services that may be offered by them. If you access any third-party website through this website or because it is referred to in this website, you do so at your own risk. Links to or from this website do not constitute an endorsement by Pfingsten of the parties or businesses which are so linked.

Pfingsten encourages you to review the privacy policies and user agreements of all other websites that you visit as such policies and agreements will govern your use of those websites. Neither Pfingsten nor the funds it manages are considered to be ESG-focused. Any discussion of ESG or DEI initiatives contained on this website is not meant to indicate otherwise.

Website Security and Account Management

Certain areas of the website require registration or otherwise ask you to provide information to participate in certain features or access certain content. Do not share your password or login ID with anyone, including anyone from Pfingsten. If you share your password with a third party, you assume all responsibility for all such party’s activity related to this website. You must notify Pfingsten immediately of any breach of security or unauthorized use of your account. If Pfingsten determines you have violated these Terms of Use or applicable law, Pfingsten may terminate your access to this website and its features, cancel any related user accounts and/or delete all information associated with such accounts. For further information regarding Pfingsten’s privacy procedures regarding the use of this website, please see Pfingsten’s privacy notice.

Representations and Limitations of Liability

All website content is provided “as is” and “as available.” Pfingsten makes no representations about the reliability of the website, its content or any other website features. Pfingsten and its affiliates disclaim all liability in the event of claims, losses or damages arising out of or in connection with any access, use or distribution of the website. Pfingsten, its affiliates and their respective officers, directors, managers, partners, members, shareholders, employees, affiliates and agents are not responsible for any damages or injury, including but not limited to special, indirect, incidental or consequential damages, that result from your use of (or inability to use) this website, including any damages or injury caused by any failure of performance, error, omission, interruption, defect, delay in operation, computer virus, line failure, or other computer malfunction. You understand and agree that your use of this website is predicated upon your waiver of any right to sue us or our affiliates or any of our or their respective officers, directors, managers, partners, members, shareholders, employees, affiliates and agents directly or to participate in a suit for any losses or damages resulting from your use of this site.

Governing Law, Jurisdiction and Severability

These Terms of Use will be governed by and construed in accordance with the laws of Illinois without regard to conflicts of laws principles. By using this website, you hereby agree that any and all disputes regarding these Terms of Use will be subject to the courts located in Chicago, Illinois and you hereby consent and submit to the personal jurisdiction of such courts for the purposes of any such dispute or action. You must commence any cause of action you may have with respect to your use of this website within one year after the claim or cause of action arises or such claim or cause of action will be deemed to have been waived. If any provision of these Terms of Use shall be unlawful, void or for any reason unenforceable, then that provision shall be deemed severable from these Terms of Use and shall not affect the validity and enforceability of any remaining provisions. The failure of Pfingsten to enforce the strict performance of any provision of these Terms of Use shall not be a waiver by Pfingsten of its right to subsequently enforce such provision or any other provision or provisions of these Terms of Use.