<span style="line-height: 20.8px;">The Halifax Group, a leading U.S. middle market private equity firm, announced today that its portfolio company, NPC Guardian Holdings LLC, has signed an agreement to sell its interest in Nutrition Physiology Holdings LLC and Guardian Food Technologies LLC (collectively “NPC”), to The Chr. Hansen Group, a global bioscience company. NPC is a leading developer and marketer of probiotic microbial solutions for commercial livestock. The transaction reflects an enterprise valuation of USD $185 million. Closing is subject to customary closing conditions, including applicable regulatory approvals, and is expected to close in the first quarter of 2016.</span>