RCP Advisors 2025 Manager of the Year Award Presented to Mason Wells

RCP Advisors has selected Mason Wells as its 2025 Manager of the Year. Mason Wells is a Milwaukee‑based, Midwest‑focused private equity firm founded in 1998 that has raised approximately $2.4 billion across five independent buyout funds. Mason Wells is currently investing out of Mason Wells Buyout Fund V, LP, a $767 million fund, which commenced in 2021. The firm partners with founders, families, and management teams of primarily Midwestern businesses with a deep focus in four industry sectors: consumer packaged goods, engineered products and services, outsourced business services, and packaging materials. Mason Wells emphasizes long‑term relationships, operational support, and a people‑first approach to investing.

The recognition reflects the firm’s consistent discipline, collaborative style, and historically well‑executed realizations. Mason Wells is known for its steady investment approach, focus on operational fundamentals, and commitment to supporting management teams in building durable, well‑positioned businesses—qualities that have contributed to its long‑standing partnerships with investors and portfolio companies.

RCP Advisors is an investor in multiple Mason Wells funds and is highlighting the firm’s thoughtful, relationship‑driven investment philosophy as strongly aligned with the objectives of long‑term limited partners.

In July 2025, Mason Wells Buyout Fund IV, LP sold Structural Concepts Corporation (SCC) to Hoshizaki USA Holdings, Inc. after a seven-year investment. Mason Wells acquired SCC from the Doss family in 2018 and invested significantly in new facilities, equipment, and the management team to position the company as a market-leading provider in SCC’s foodservice and supermarket end-markets. SCC designs, engineers, and manufactures temperature‑controlled merchandisers, including self‑contained and remote refrigerated cases, hot cases, and grab‑and‑go solutions, that help customers present fresh food attractively while saving energy, extending product life, and reducing operating costs.

Founded in 2001, RCP Advisors, a strategy of Ridgepost Capital (NYSE: RPC), is a private equity investment firm that provides access to North American small buyout fund managers through primary, secondary, and co-investment funds, as well as customized solutions and research services. RCP believes it is one of the largest fund sponsors focused on this niche, with over $18.7 billion in committed capital* and 58 full-time professionals as of December 31, 2025.

Mason Wells is a leading Midwest-based private equity firm that has raised $2.4 billion in aggregate across five independent buyout funds. The firm is currently investing out of Mason Wells Buyout Fund V, LP, a $767 million fund. Since Mason Wells was formed in 1998, its buyout funds have invested in four specific industry sectors: Consumer Packaged Goods, Outsourced Business Services, Engineered Products & Services, and Packaging Materials & Converting. For more information related to Mason Wells, please visit the firm’s website at www.masonwells.com.

Investment funds sponsored by RCP Advisors are investors in investment funds that are current clients of Mason Wells. Third-party awards, testimonials, or endorsements are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. This designation creates conflicts of interest for Mason Wells, such as creating an incentive to provide greater access to its investment funds or superior investment terms to RCP Advisors. However, a fee was not paid by Mason Wells or any of its investment professionals in exchange for this recognition. The recognition was made on March 5, 2026, for the 2025 calendar year.

RCP Advisors
Past performance does not predict, and is not a guarantee of, future results. This announcement may not be relied on in any manner as legal, tax or investment advice or as an offer to sell or a solicitation of an offer to buy an interest in any investment sponsored by RCP or Mason Wells or be construed as an offer to sell or a solicitation of an offer to buy any securities or investment products. All investments involve risk, including the potential loss of principal. References to investment performance reflect individual portfolio company performance and do not necessarily represent a funds overall performance. No assurance can be given that any investment will achieve similar results. *“Committed capital” primarily reflects the capital commitments associated with our SMAs, focused commingled funds and advisory accounts advised by RCP since the firm’s inception in 2001 (including funds that have since been sold, dissolved, or wound down and certain historical advisory accounts for which RCP’s advisory contracts have expired). We include capital commitments in our calculation of committed capital if (a) we have full discretion over the investment decisions in an account or have responsibility or custody of assets or (b) we do not have full discretion to make investment decisions but play a role in advising the client on asset allocation, performing investment manager due diligence and recommending investments for the client’s portfolio and/or monitoring and reporting on their investments. For our discretionary SMAs and commingled funds, as well as for our non-discretionary advisory accounts for which RCP is responsible for advising on all investments within the client’s portfolio, committed capital is calculated based on aggregate capital commitments to such accounts. For non-discretionary accounts where RCP is responsible for advising only a portion of the client portfolio investments, committed capital is calculated as capital commitments by the client to those underlying investments which were made based on RCP’s recommendation or with respect to which RCP advises the client. Committed capital does not include (i) certain historical non-discretionary advisory accounts no longer under advisement by RCP, (ii) assets managed or advised by the Private Capital Unit, or by the HB Unit which are independent business lines of RCP 2, (iii) capital commitments to funds managed or sponsored by RCP’s affiliated (but independently operated) management companies (including, without limitation, Five Points, TrueBridge, Enhanced, Westech and Qualitas), and (iv) RCP’s ancillary products or services.