About Siris Capital Group
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Siris Capital is a leading private equity firm based in New York, focused on making investments in data,
telecommunications, technology, and technology-enabled business service companies.
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Siris supports management teams to add value both operationally and strategically.
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Siris has extensive experience and a history of making investments in companies like EFI.
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Their portfolio includes Travelport
1
, Web.com, Polycom, and
Mavenir.
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This is Siris’ first investment in the digital imaging technology space and follows Siris’
research-driven investment strategy around industrial technologies.
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What’s Next for EFI Employees?
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We have communicated this announcement to customers, suppliers and partners.
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It is business as usual – keep doing what you are doing.
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Our focus is on the implementation of our seven strategic initiatives and achieving our 2019 business plan.
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Continue to deliver same high-quality service:
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Ensure highest levels of commitment and service to customers
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Maintain all relationships and advance all active projects
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FORWARD LOOKING STATEMENTS
This communication contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. When used herein, words such as “address,” “anticipate,” “believe,” “consider,” “continue,” “develop,”
“estimate,” “expect,” “further,” “goal,” “intend,” “may,” “plan,” “potential,” “project,” “seek,” “should,” “target,”
“will,” and variations of such words and similar expressions as they relate to EFI, its management or the proposed transaction are often used to identify such statements as “forward-looking statements.” Such statements reflect
the current views of the Company and its management with respect to future events, including the proposed transaction, and are subject to certain risks and uncertainties that may cause actual results to differ materially from the results expressed
in, or implied by, these forward looking statements. These risks and uncertainties include, but are not limited to, the following: (i) EFI may be unable to obtain shareholder approval as required for the proposed transaction; (ii) other
conditions to the closing of the proposed transaction may not be satisfied, including that a governmental entity may prohibit, delay or refuse to grant a necessary regulatory approval; (iii) the proposed transaction may involve unexpected
costs, liabilities or delays; (iv) the business of EFI may suffer as a result of uncertainty surrounding the proposed transaction; (v) shareholder litigation in connection with the proposed transaction may affect the timing or occurrence
of the proposed transaction or result in significant costs of defense, indemnification and liability; (vi) EFI may be adversely affected by other economic, business, and/or competitive factors; (vii) the occurrence of any event, change or
other circumstances could give rise to the termination of the definitive merger agreement with affiliates of Siris; (viii) EFI’s ability to recognize the anticipated benefits of the proposed transaction; (ix) the risk that the
proposed transaction disrupts EFI’s current plans and operations or diverts management’s or employees’ attention from ongoing business operations; (x) the risk of potential difficulties with EFI’s ability to retain and hire
key personnel and maintain relationships with suppliers and other third parties as a result of the proposed transaction; and (xi) other risks to consummation of the proposed transaction, including the risk that the proposed transaction will not
be consummated within the expected time period or at all. Additional factors that may affect the future results of EFI and the proposed transaction are set forth in filings that EFI makes with the SEC from time to time, including those listed under
“Risk Factors” in EFI’s Annual Report on Form
10-K
for the year ended December 31, 2018 and filed with the SEC on
