New York, NY (March 3, 2025) – Tamarix Capital Partners II, L.P. (“TCP”) announced that it has provided financing in support of the recapitalization of Cadillac Services (“Cadillac” or the “Company”). The financing helps to position Cadillac for long-term success by providing the necessary resources to fuel its growth strategy. This recapitalization will support Cadillac’s efforts to innovate, enhance its service offerings, and maintain its high standards of customer satisfaction. Thesis Capital Partners led the financing, with participation from Seacoast Capital Partners and Cadillac’s existing management.

Founded in 1925, Cadillac is the leading uniform rental and laundry service provider and the only TRSA-certified Hygienically Clean and Clean Green® provider in Puerto Rico. Cadillac goes beyond industrial laundry care services – no matter the industry served, company size or specialized need. Cadillac’s highly qualified personnel, advanced technology and experience provide customers the best in uniforms, supplies, and sanitary needs.

About Tamarix Capital Partners II, L.P.

TCP works with business owners and management teams, as well as search funds, independent sponsors, family offices and private equity sponsors to finance growth strategies, change of control transactions, acquisitions, and recapitalizations. We provide debt and minority equity investments to companies with $3 – $15 million of EBITDA and typically invest

$5 – $25 million in each business, with the ability to lead larger transactions. TCP is part of the Tamarix platform, which was founded in 1993, and is managed by seasoned investment professionals that have cumulatively invested over $3.5 billion in more than 225 companies.