Oak Hill Capital

Oxford Networks is a technology company based in Maine that offers phone, internet, and data services to both businesses and residents throughout the state and beyond. With over a century of experience, the company has developed a robust fiber optic network extending from Bangor to Boston, enabling it to support a diverse range of clients, including medical facilities, educational institutions, banks, and restaurants. Oxford Networks provides a variety of services, including data center services, managed IT solutions, and voice and internet connectivity, contributing to the advancement of Maine's technological landscape.

American Skiing Company was one of the largest operators of alpine ski, snowboard and golf resorts in the United States. Its resorts included Sunday River and Sugarloaf, in Maine and The Canyons in Utah. The Company believes that it is well-positioned to capitalize on certain favorable recent trends and developments affecting the alpine resort industry in the United States, including: (i) the 66.7 million members of the "baby boom" generation that are now approaching the 40 to 59 year age group where discretionary income, personal wealth and pursuit of leisure activities are maximized (this group is estimated to grow by 16.7% over the next 23 years); (ii) the "echo boom" generation (children of baby boomers) is emerging as a significant economic force as they begin to enter the prime entry age for skiing, snowboarding and other "on-snow" sports; (iii) advances in ski equipment technology such as development of parabolic skis which facilitate learning and make the sport easier to enjoy; (iv) the continued growth of snowboarding as a significant and enduring segment of the industry, which is increasing youth participation in alpine sports; and (v) a greater focus on leisure and fitness. There can be no assurance, however, that such trends and developments will continue to have a favorable impact on the ski industry.