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Lakeview Equity Partners Invests in CFC Technology

Partnership Will Help Banking Technology Services Firm Grow More Rapidly

Milwaukee, Wisconsin, March 5, 2010 — Lakeview Equity Partners, LLC, a Milwaukee-based private equity fund, has announced an investment in CFC Technology Corporation, LLC, Plymouth, Minn., which provides community banks and credit unions with technology consulting services and solutions.

"CFC Technology is viewed as a trusted advisor by its customers," said W. Kent Velde, president of Lakeview Equity Partners. "The company's ability to provide leadership and expertise in multiple areas of financial technology services, leading with their advisory consulting services, puts them in an excellent position to help customers leverage their technology investments to improve business profitability."

CFC Technology's founders, Bill Ristvedt, president, and Richard Wanke, chief operating officer, will remain owners in the company and will continue to serve as its leaders.

"We are excited about our new partnership with Lakeview Equity Partners. The organization has extensive experience in the financial services and financial technologies industries. We are confident that this partnership will help us broaden the service and solution offerings CFC Technology can provide to our customers and ultimately grow our business," said Ristvedt.