News Releases

Centre Partners Acquires Taylor Precision Products

June 11, 2012

Newly Independent Company is North America’s Leading Marketer of Household Scales, Thermometers, and Timers

New York, NY, June 11, 2012 – Centre Partners, a leading middle market private equity firm, announced today that it has acquired Taylor Precision Products, Inc. (“Taylor”) from Homedics, Inc. Taylor, based in Oak Brook, Illinois, is the leading North American marketer of a wide range of consumer and foodservice precision measurement products, including kitchen scales, thermometers and timers; bath scales; and outdoor weather measurement products, under a variety of owned and licensed brand names including Taylor®, Homedics® and Salter®.

Taylor’s heritage dates back over 160 years and the company boasts a reputation for providing accurate and high-quality products to a diverse spectrum of retail customers, ranging from high-end specialty stores to mass merchandisers, hardware stores, club stores and grocery retailers. Taylor has maintained market leadership by providing high-quality, attractive products at a competitive price for consumers, together with outstanding retail customer service and support.

Bruce Pollack, a Managing Partner of Centre Partners, said, “We are pleased to invest in Taylor and to establish the business as an independent company. We look forward to supporting Taylor by providing important resources, including capital, further strengthening its management team and implementing new product and marketing initiatives.”

Centre operating partner Rob Kay has been named Executive Chairman of Taylor, joining the current team led by Don Robinson. Mr. Kay is the former Executive Chairman of Kaz, Inc., a leading manufacturer of home environment appliances, including vaporizers, humidifiers, thermometers, and heating pads that was previously a Centre Partners’ portfolio company.

Mr. Kay added, “I am proud to have another opportunity to lead a Centre Partners company. The acquisition of Taylor is a unique opportunity to buy and build a leading company in the branded consumer products sector, where we have considerable prior experience and success. Taylor has a number of well-established brands in its portfolio and is well-positioned as a platform for growth through organic initiatives and acquisitions.”

Mr. Pollack continued, “We are excited to partner again with Rob Kay who has a successful track record of building businesses in the consumer products sector. Rob’s expertise will complement that of Don Robinson and Taylor’s talented management team.”

“We’re extremely pleased to be a part of the Centre Partners team and to work alongside Rob Kay,” added Mr. Robinson. “Centre’s expertise and support, combined with Rob’s operational experience, will be very valuable as we grow our business.”

Sawaya Segalas & Co., LLC* acted as exclusive financial advisor to the seller in connection with the transaction. *Securities offered through Sawaya Segalas Securities, LLC.

About Centre Partners

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire to make a meaningful economic stake in the future success of their businesses. Centre Partners has invested over $3 billion in more than 90 transactions, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. The firm is currently investing through its fifth fund. Additional information is available at www.centrepartners.com.

About Taylor Precision Products, Inc.

Founded in 1851 as a family-owned household thermometer business, Taylor Precision Products, Inc. is a leader and recognized expert in precision measurement products, including kitchen scales and thermometers, bath scales and weather & outdoor household products. Over time, Taylor has broadened its brand portfolio to include owned brands such as Taylor® and Springfield®, premium brands under long-term licenses such as HoMedics® and Salter®, selected lifestyle brands under license such as The Biggest Loser® and Bowflex®, as well as private label products for select customers. Additional information is available at www.taylorusa.com.

The OMNI Group Joins U.S. Retirement Partners

January 06, 2012

Iselin, NJ, January 6, 2012 – U.S. Retirement Partners (USRP) announces that, The OMNI Group (OMNI), a Rochester, NY based 403(b)/457(b) Third Party Administrator (TPA) has become a part of USRP. OMNI is a keystone member of U.S. Employee Benefits Service Group (USEBSG), a separate division established by USRP to provide independent benefits and administrative solutions to Public Employers nationwide. Their addition adds to USRP’s growing national network of benefits and retirement plan providers serving the K-12 education market.

Founded in 1996 by Rod Williams, OMNI currently provides independent retirement plan administration and compliance monitoring services to more than 1,000 403(b) and 457(b) plans in school districts, governmental, and non-profit employers in 20 states. As the leading national 403(b) TPA firm, they have a 99.6% client retention rate. In addition to their administrative capabilities, OMNI also offers educational services through web-based videos, calculators, and tutorials.

“We are thrilled to have the number one TPA firm in our market join the USEBSG team,” said Mark M. Skinner, President and CEO of USRP. He continued, “OMNI fits perfectly into our independent services model.”

“We have grown rapidly over the last 15 years by independently delivering high quality services to our Employers’ clients. By joining USEBSG, we will continue to grow through partnering with other benefits and retirement plan experts who work in the same space,” said Rod Williams, President and CEO of OMNI.

Nina Rovinski, COO of OMNI added, “With the OMNI web based platform coupled with our other Partner firms who are a part of USEBSG, we have the opportunity to expand our services offering to our school district clients. These services include Core Benefits Enrollment, Section 125 Administration, Voluntary Benefits Management, Special Pay Plans, and FICA Alternative Plans.”
“The combination of OMNI’s capabilities and our other U.S. Employee Benefits Services Group firms will allow us to deliver an unparalleled level of services to our clients,” said Bob Dughi, Executive Chairman of USRP.

DenMat Acquires Restorative and Impression Products from Discus Dental, LLC

January 06, 2011

SANTA MARIA, Calif. , Jan. 6, 2012 — DenMat Holdings, LLC today announced that it has acquired the restoratives and impression portfolios from Royal Philips Electronics, parent company of Discus Dental, LLC (“Discus Dental”). This includes: Splash® and Precision® impression materials, Vanilla Bite™, Chocolate Bite™, MegaBite®, and Clear Bite™ registration materials, MOXIE™ bonding agents, Gripper™ and PERFECtray® bite trays, PERFECtemp® crown and bridge material, and FLASHlite™ (Magna and 1401) curing lights. The addition of these popular product lines strengthens DenMat’s broadening product portfolio, which includes LUMINEERS®, Snap-On Smile®, and the Sapphire® light platform.

In the following weeks, DenMat and Discus Dental will work together to transition all operations of the restoratives and impression business into DenMat’s facilities in Santa Maria, California .

DenMat, the world leader in thin, porcelain veneer systems for smile enhancement, was acquired by affiliates of Centre Partners Management LLC and Mill Street Partners LLC in November, 2011. DenMat’s new management team, consisting of Chief Executive Officer Steve Semmelmayer , Chief Operating Officer Robert Cartagena , and Chief Administrative Officer Todd Tiberi , is focused on continued development of its laboratory products and services and building out its distribution network for both current and future professional dental products.

“Over the past three decades, DenMat built some of the most successful and recognized brands in dentistry,” said CEO Steve Semmelmayer . “Leveraging this brand equity with expanded product offerings that give dental professionals a wider range of effective treatment solutions is our goal. The acquisition of the Discus Dental restoratives and impressions brands is an important step forward in developing a vibrant, new DenMat.”

About DenMat Holdings, LLC

DenMat Holdings, LLC, manufactures a broad range of cosmetic, restorative and clinical product solutions, available in the U.S. and over 68 countries worldwide. Ongoing partnerships continue to position DenMat in the forefront of the dental industry. LUMINEERS, the contact-lens thin veneers placed without the need for anesthetic, extensive prepping or temporaries, is the cornerstone of DenMat’s Smile Portfolio, and the LUMINEERS Smile Design Studio is recognized as a leading laboratory for both minimally invasive and traditional-preparation restorations. DenMat also offers continuing education programs internationally, including Destination Education events held at resort locations across the U.S.

Centre Partners Announces Purchase of Bellisio Foods, Inc.

December 16, 2011

New York, NY (December 16, 2011) – Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, announced today that it has acquired Bellisio Foods, Inc. (“Bellisio”), together with the management team of Bellisio. Bellisio is a leading manufacturer of branded and private label frozen foods, based in Minneapolis.

Bellisio is one of North America’s largest manufacturers and distributors of frozen single-serve entrees and meals, sold primarily under the Michelina’s® brand. The company also produces private label frozen products for a number of the nation’s largest retailers, and provides co-packing services to leading consumer packaged goods customers.

Bellisio Chief Executive Officer Joel Conner said, “We are extremely pleased to be partnering with Centre Partners. Their financial support and expertise will enable us to accelerate our growth plans for the business while allowing us to maintain our focus on providing the highest quality product while being the low-cost operator. This transaction is a clear endorsement of the strength of our dedicated management team and the strength of our market position.”

Bruce Pollack, Managing Partner of Centre Partners added, “We are equally excited to partner with Joel Conner and the Company’s first-class management team. Bellisio’s well-established brands and highly efficient production and distribution capabilities positions it extremely well for a number of compelling growth initiatives. We look forward to supporting Joel and his team as they expand Bellisio’s market-leading positions in both the U.S. and Canada.”

About Centre Partners

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire to make a meaningful economic stake in the future success of their businesses. Centre Partners has invested over $3 billion in more than 90 transactions, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. The firm is currently investing through its fifth fund. Additional information is available at www.centrepartners.com.

About Bellisio Foods, Inc.

Founded in 1990, Bellisio Foods is based on the premise that success can be achieved if good people use only the freshest ingredients to produce the finest quality products with the best value possible. This dedication to quality has helped the Michelina’s brand to become one of the world’s leading brands in frozen entrees and snacks. Today, Bellisio Foods produces more than 200 different frozen entrees and snacks, sold under the Michelina’s® and Boston Market® brands, and also sold as private label and co-packed products for leading retailers and consumer packaged goods companies. Their products can be found at virtually any grocery store in the U.S. and Canada, as well as other locations worldwide. Additional information is available at www.bellisiofoods.com and www.michelinas.com.

Centre Partners Announces Acquisition of Den-Mat Holdings

November 16, 2011

New York, NY (Nov. 16, 2011) – Centre Partners today announced that it has completed the acquisition of Den-Mat Holdings in partnership with Mill Street Partners LLC.

Den-Mat is the world leader in thin, porcelain veneer systems for smile enhancement. The company also offers a wide range of other aesthetic and restorative smile solutions, as well as a broad array of professional dental materials and supplies.

Den-Mat will be led by a new management team consisting of Chief Executive Officer Steve Semmelmayer, Chief Operating Officer Robert Cartagena, and Chief Administrative Officer Todd Tiberi. All three served as part of the executive team at Discus Dental, LLC, prior to its sale to Royal Philips Electronics in December 2010. Under this new team Den-Mat will continue to focus on development of its laboratory products and services, and building out its direct distribution network for both current and future professional dental products.

“We and Mill Street are excited about our acquisition of Den-Mat,” said Robert Bergmann, Senior Partner at Centre Partners. “We look forward to working together to build on the company’s strong reputation and rich heritage of market leadership and innovation. We are committed to making additional acquisitions of dental companies, with a focus on adding new products and technologies as we build Den-Mat into a global dental business.”

“We are excited to have Centre Partners as our business and financial partner,” said Den-Mat CEO Steve Semmelmayer. “Our goal is to expand Den-Mat’s product offerings and provide dental professionals with a wider range of dental supplies and equipment. Continued access to capital and expertise from Centre Partners, coupled with our new strategic direction, will promote additional growth and provide additional value to our customers.”

About Centre Partners

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire a meaningful economic stake in the future success of their businesses. Centre Partners has invested over $3 billion in more than 90 transactions, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. The firm is currently investing through its fifth fund.

About Den-Mat Holdings, LLC

Founded by Dr. Robert Ibsen in Santa Maria, California in 1974, Den-Mat’s range of innovative clinical and practice-management solutions have been in the forefront of dentistry. Den-Mat’s Smile Continuum features a range of minimally invasive, aesthetic options, such as LUMIBrite™ tooth whitening products, Snap-On Smile® and LUMINEERS® porcelain veneers. Den-Mat’s professional products include award-winning restoratives, cements and adhesive materials such as Core Paste®, Geristore® Infinity®, Tenure®, Ultra-Bond® and Virtuoso®, as well as the innovative Sapphire® Light platform.

About Mill Street Partners

Founded in Los Angeles in 2011, Mill Street Partners provides strategic investment advice in the dental and medical device industries. Its founders are Steve Semmelmayer, former president and general manager of Kerr (a division of Sybron); Robert Cartagena, an 18-year veteran of the dental industry and former COO of Discus Dental LLC; and Todd Tiberi, former VP and general counsel of Discus Dental and attorney at New York-based Skadden, Arps, Slate, Meagher & Flom LLP.

Centre Partners Completes Sale of Hyco to Weber

July 22, 2011

New York, NY, July 22, 2011 – Centre Partners Management LLC (“Centre Partners”), a leading middle market private equity firm with offices in New York and Los Angeles, announced today the completion of the sale of Hyco International Inc. (“Hyco”) by certain of its affiliates to a subsidiary of Weber-Hydraulik GmbH (“Weber”). Terms of the transaction were not disclosed.

Hyco is a leading designer and manufacturer of highly engineered, custom designed hydraulic cylinders utilized by industrial equipment to provide essential functions such as lifting, steering, suspension, compaction, and stabilization. With manufacturing locations in Brazil, Germany, Canada, and the United States, Hyco supplies hydraulic cylinders to its blue chip customers around the world.

“We are delighted to complete the sale of Hyco to Weber and bring to a successful conclusion our investment in Hyco,” said Scott Perekslis, Senior Partner at Centre Partners. “Ron Whitaker and his team of veteran managers have done a superb job of managing the business through the recent volatility in the global markets and have positioned Hyco for continued growth in the coming years. The sale of Hyco to Weber will benefit Hyco’s customers, employees, and ownership. We anticipate that Weber’s resources, technology, and scale will augment the Hyco platform and foster Hyco’s continued growth. We are proud of Hyco’s achievements over the life of our investment and would like to thank Ron Whitaker and his team for their hard work and dedication to the business.”

Hyco Chief Executive Officer Ron Whitaker added: “We are excited to complete a transaction with the Weber organization and believe that Hyco’s ability to service our customers will be greatly enhanced as a result. Centre has supported our business through periods of great volatility, putting us in a position to generate the terrific outcome achieved today.”

Centre Partners and Hyco were advised by Lincoln International and Dechert.

About Centre Partners

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire a meaningful economic stake in the future success of their businesses. Centre Partners has invested over $3 billion in more than 90 transactions, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. The firm is currently investing through its fifth fund. Centre has deep investment expertise covering consumer, healthcare, industrial products and services, financial services, energy, media, and business services.

Centre Partners Announces Successful Realization of Investment in Kaz, Inc.

January 03, 2011

New York, NY, January 3, 2011: Centre Partners Management LLC (“Centre Partners”), a leading middle market private equity firm with offices in New York and Los Angeles, today announced the completion of the sale of Kaz, Inc. (“Kaz” or the “Company”) to Helen of Troy Limited (Nasdaq: HELE). Kaz is an international leader in health care and home environment consumer solutions. The transaction is valued at $260 million subject to certain closing working capital and other adjustments.

Centre Partners made a strategic investment in Kaz, a closely held family-owned business, in 2002. The firm partnered with Richard Katzman and the Katzman family to acquire Honeywell’s home environment appliance business, expand Kaz’s presence globally, and position the Company for a new phase of growth.

Established in 1926 by Max Katzman, the inventor of the electric vaporizer and grandfather of Richard Katzman, Kaz has an 84-year tradition of product design innovation, customer service excellence and category leadership. Under the leadership of a strong management team and the stewardship of Centre Partners, Kaz now markets its products to leading retailers under a variety of brand names, including Vicks(R) and Braun(R) under license from The Procter & Gamble Company, Honeywell(R) under license from Honeywell, and Stinger(R), Softheat(R) and Kaz(R), owned by Kaz, Inc. Product categories include vaporizers, humidifiers, digital, infrared and non-invasive thermometers, blood pressure monitors, hot/cold health care therapy, air purifiers, seasonal humidifiers, heaters, fans, and dehumidifiers, and lawn and garden products.

During Centre Partners’ investment period, Kaz also completed the acquisition of the Braun Health and Wellness business, which included Braun thermometers and blood pressure monitors, significantly expanding the Company’s global healthcare product offerings. In order to help guide Kaz through this period of rapid global expansion, Centre helped recruit a world class management team, led by Robert Kay, who served as Executive Chairman. Kay, now an operating partner of Centre Partners, was instrumental in building a strong and experienced management team and driving substantial growth in revenue and profitability.

Katzman said, “Our partnership with Centre was a key milestone in our evolution into a leading global player in our markets. Centre Partners’ strategic guidance and support were crucial to Kaz’s ability to acquire and integrate the Honeywell consumer products business, as well as the Braun Health and Wellness business.”

Kay added, “With the guidance of Centre Partners, Kaz was able to build upon its rich tradition of product innovation and accelerate growth to develop into a global leader, demonstrating remarkable expansion over the last eight years. We believe the business will continue to thrive under the ownership of Helen of Troy.”

Centre Partners Managing Partner David Jaffe said, “We are very pleased with the outcome of our investment in Kaz, which demonstrates the success of Centre Partners’ strategy of investing in leading middle market companies to affect a transformative event. By utilizing one of Centre’s operating partners and hiring several outstanding executives to partner with Richard Katzman in a family owned business, we were able to add significant value to the Company. We credit the entire Kaz management team and wish them much continued success.”

Centre Partners Announces Successful Realization of Investment in Quickie Manufacturing Corporation

December 20, 2010

New York, NY, December 20, 2010: Centre Partners Management LLC (“Centre Partners”), a leading middle market private equity firm with offices in New York and Los Angeles, today announced the sale of Quickie Manufacturing Corporation (“Quickie” or the “Company”) to Jarden Corporation (“Jarden”; NYSE: JAH), a leading global provider of niche consumer products. Quickie is a leading manufacturer and supplier of conventional household cleaning tools in retail channels in North America. Terms of the transaction were not disclosed.

According to Centre Partners Managing Partner David Jaffe, Centre Partners and certain of its affiliates made a strategic investment in Quickie in December 2004, partnering with Quickie’s executive owners, including Chairman Peter Vosbikian Jr., to position the Company for a new phase of growth.

Established in 1919 by Peter Sr., the father of the Company’s current Chairman, and his brother, Thomas Vosbikian, Quickie has built a longstanding track record of category leadership, product innovation and dedication to customer service over ninety years. Today, Quickie produces and distributes a complete line of conventional household cleaning tools including mops, brooms, brushes, dusting tools and related accessories, and is a leader in its markets. With headquarters in New Jersey, Quickie also operates production facilities in Lumberton, North Carolina, El Paso, Texas, and Cadereyta, Mexico.

Quickie Chairman Peter Vosbikian Jr. said, “Our partnership with Centre represented a key step in Quickie’s evolution. Their expertise and support have been instrumental in facilitating Quickie’s growth and innovation over the last five years and have enabled the Company to reach its current inflection point and begin its next growth phase under Jarden’s ownership.”

Quickie President and Chief Executive Officer, Michael Magerman added, “Quickie has continued to build on its legacy of growth and innovation with the help of Centre Partners and the guidance of the Vosbikian family, and today is experiencing significant momentum as a result. Quickie’s current management and employees will continue to manage the operations and are excited to build on recent momentum with the support and resources of a leading global consumer company like Jarden behind us. ”

David Jaffe said, “This transaction concludes a highly successful investment for Centre Partners and validates our strategy of supporting the growth of leading middle market companies with proven management teams, strong brands, and solid operations. We credit the leadership of Quickie’s talented management team and employees, and are pleased they will have the opportunity to continue building the Quickie franchise with Jarden.”

Sawaya Segalas & Co., LLC* acted as exclusive financial advisor to Quickie in connection with the transaction.

*Securities offered through Sawaya Segalas Securities, LLC.

Centre Partners Completes $157.5 Million Sale of Gray Wireline to Seawell

December 16, 2010

New York, NY, December 16, 2010 – Centre Partners Management LLC (“Centre Partners”), a leading middle market private equity firm with offices in New York and Los Angeles, announced today the completion of the sale of Gray Wireline (“Gray”) by certain of its affiliates to a subsidiary of Seawell Limited (“Seawell”, OSE: SEAW) for $157.5 million.

Founded in 1983, Gray is the leading independent provider of cased-hole wireline services in the United States. The company’s 18 districts in key producing basins provide Gray with access to approximately 85 percent of all onshore drilling rigs and generate a revenue stream balanced between oil and natural gas. The company’s strategically located facilities support a leading position in the oil-focused Permian Basin and access to all of the major gas producing basins in the United States, with a particular focus on the unconventional shale plays that are driving the industry’s growth. Gray offers cased-hole services throughout the various stages of the lifecycle of a well and has one of the youngest wireline fleets in the industry.

“We are delighted to complete the sale of Gray to Seawell and bring to a successful conclusion our investment in Gray,” said Scott Perekslis, Senior Partner at Centre Partners. “Mark Harris and his team of veteran operators have done a superb job of managing the business through the volatility experienced in the oil and gas market over the last couple of years. This transaction will benefit all of the stakeholders of Gray, including customers, employees, and ownership. The resources and technology that Seawell will contribute to the Gray platform undoubtedly will bolster Gray’s future growth, providing greater opportunities for employees to provide valuable services to the company’s customers, who are leaders in the most active onshore oil and gas producing regions of the United States. We are proud of Gray’s achievements over the last several years and wish Mark Harris and his talented team great success in their new partnership with Seawell.”

Gray Chief Executive Officer Mark Harris added: “We are excited to join the Seawell organization and believe that Gray’s ability to service our customers will be greatly enhanced as a result. In the coming months, we anticipate that Gray will introduce several compelling service offerings from Seawell’s TecWel and C-6 Technologies to our customers. Continued access to capital coupled with the Seawell synergies will promote additional growth and provide additional value to our customers as well as enable us to continue to attract and retain the best people in the sector. We are proud of our achievements over the last several years under Centre’s ownership. The firm’s deep understanding of the oil and gas sector, along with its financial support and strategic guidance, enabled us to navigate the recent tumult in the oilfield services sector and strongly positioned us for the future.”

Centre Partners and Gray Wireline were advised by Raymond James, Sheridan Capital, and Dechert.

Centre Partners Completes $980 Million Sale of Bumble Bee Foods to Lion Capital

December 15, 2010

Centre Partners Management LLC (“Centre”) is pleased to announce the completion of the sale of the operating companies of Bumble Bee Foods (“Bumble Bee”) to funds advised by Lion Capital (“Lion”) for a purchase price of $980 million. Bumble Bee is North America’s leading supplier of shelf-stable seafood and one of the world’s top 10 branded seafood companies.

Founded in 1897, Bumble Bee maintains leadership positions in virtually every segment of the U.S. and Canadian shelf-stable seafood market. The company produces and markets shelf-stable tuna, salmon, sardines, clams and other specialty seafood products that are sold under the Bumble Bee, Clover Leaf, Brunswick, Snow’s, Beach Cliff, King Oscar and Sweet Sue brands. Its best-known brands, Bumble Bee and Clover Leaf, are iconic market leaders and enjoy nearly 90% consumer awareness levels in the U.S. and Canada, respectively.

Bumble Bee’s diverse product offering is sold at every major U.S. and Canadian food retailer and food distributor, including supermarkets, mass merchandisers, drug stores, warehouse clubs and dollar stores. The company has 1,700 employees across 8 facilities in the U.S., Canada and Puerto Rico and in 2009 generated over $940 million of net revenue.

Scott Perekslis, Senior Partner at Centre Partners, said:

“We are pleased to consummate this transaction and realize the success that Bumble Bee has experienced during our recent ownership. We have enjoyed a long and fruitful partnership with Bumble Bee’s management team, led by Chris Lischewski. Mr. Lischewski and his team have delivered or exceeded the aggressive objectives we mutually set forth at the outset. We believe that this recent track record will provide the momentum for continued growth, and we wish the company every success in the years to come.”

Chris Lischewski, Bumble Bee Chief Executive Officer, added:

“We are proud of the strong track record that we have achieved with Centre Partners, who brought a unique depth of experience investing in branded consumer businesses and the food sector. Their financial support and expertise enabled us to accelerate our growth plans for the business, while allowing us to maintain our focus on operational excellence. This transaction is a clear endorsement of the efforts put forth by Centre and Bumble Bee’s dedicated management team to further strengthen the business and position it for future growth.”

Centre Partners and Bumble Bee Foods were advised by JP Morgan and Dechert; Wells Fargo and Jefferies acted as co-advisors.

Centre Partners Announces Purchase of Connors Bros. Income Fund

November 19, 2008

Middle Market Private Equity Firm Acquires Leading North American Canned Seafood Brands “Bumble Bee” and “Clover Leaf”

New York, NY (November 19, 2008): Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, today announced that it completed its purchase of the operating businesses of Connors Bros. Income Fund for a total enterprise value of approximately $600 million. The company’s senior management team will own a significant stake in the business and will continue to serve in the same executive capacities with the company.

Connors is North America’s largest branded seafood company, offering a full line of canned tuna, salmon, sardine, and specialty seafood products, marketed under leading brands including Bumble Bee®, Clover Leaf®, Brunswick®, Snow?s®, and Beach Cliff®, as well as a full line of canned chicken products in the U.S. under the Sweet Sue® brand name.

Centre has a long-standing relationship with the company and its management team, having previously acquired the Bumble Bee business from ConAgra in May of 2003. The Bumble Bee business was merged with Connors Bros. Income Fund in April 2004.

Connors Chief Executive Officer Chris Lischewski said, “I am very pleased to be partnering with Centre for a second time. Their financial support and expertise should enable us to accelerate our growth plans for the business while allowing us to maintain our focus on providing the highest quality product while being the low-cost operator. This transaction is a clear endorsement of the strength of our dedicated management team and the strength of our consumer brands.”

Centre Partners’ Senior Partner Scott Perekslis added, “We’re equally excited to partner with Chris Lischewski and his high-quality management team again. We continue to believe there is significant growth for seafood and, in these uncertain economic times, canned seafood in particular. The company has a number of exciting growth initiatives which we believe will significantly improve its market-leading positions in both the U.S. and Canada. We look forward to supporting Chris and the team as they expand their business further.”

In support of the acquisition, Wells Fargo Foothill, part of Wells Fargo & Company, underwrote a $350 million senior revolver and term loan facility, Ares Capital Corporation structured and arranged a $135 million senior subordinated debt placement and co-invested in the common equity, and Falcon Investment Advisors LLC structured a $50 million preferred equity tranche while also making a substantial common equity co-investment. Offering support throughout the capital structure, Wells Fargo also participated as an investor in the senior subordinated and preferred equity components.

Mr. Perekslis noted, “In these difficult markets, working with the right capital partners is critical to successful transaction execution. Wells Fargo, Ares, and Falcon all demonstrated why they are leaders in the M&A financing market. In the midst of historic market volatility and credit illiquidity, each of them brought to us the fortitude, flexibility, and acumen required to effect a deal.”

About Centre Partners

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire a meaningful economic stake in the future success of their businesses. Centre Partners has invested over $3 billion in more than 90 transactions, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. The firm is currently investing through its fifth fund, which has approximately $880 million of committed capital. Centre has deep investment expertise covering consumer, healthcare, industrial products and services, financial services, energy, media, restaurants, retail, and aviation services. Additional information is available at www.centrepartners.com.

Orion ICG, LLC Announces Acquisition of Therapy Staff, Incorporated

August 12, 2008

Orion increases its Allied Health presence with its second acquisition of therapy staffing firm

August 12, 2008 (Raleigh, NC): Orion ICG, LLC announced today that it has acquired the assets of Therapy Staff, Incorporated (TSI), a leading provider of physical therapists, occupational therapists and speech language pathologists to hospitals, clinics, skilled nursing facilities and nursing homes. This marks Orion’s second allied healthcare acquisition since becoming a portfolio company of private equity firm Centre Partners in June 2007. TSI will complement Orion’s first acquisition in the allied healthcare space, Cumberland Therapy, which was acquired in October of last year.

Founded in 2000 by licensed occupational therapist Dan Diamond, TSI specializes in the contract placement of physical therapists, occupational therapists and speech language pathologists primarily in Michigan and Illinois. The Company, which has built an excellent reputation over its history, has experienced significant revenue growth since its inception. This growth is driven in part by the increase in Americans who are prone to medical conditions that result in the need for physical and speech therapy.

Orion is pleased to announce that Dan Diamond will continue on with the company and that Paul Glomski will continue in his role as President of TSI. Paul will also become a member of Orion’s executive management team.

Orion Executive Chairman Jeffrey Evans said, “The addition of Therapy Staff is an important step in the realization of our strategic growth plan and we are extremely pleased to have made our second acquisition in the allied health sector. Working together with Mr. Diamond and Mr. Glomski, we believe that Orion’s solid infrastructure will help power TSI’s growth. Our team is thrilled to welcome them into the Orion family.”

TSI founder Dan Diamond said, “We are excited about our partnership with Orion because of their culture of commitment to their employees. Therapy Staff believes that the catalyst of our success is the exceptional group of employees who work with us, particularly the therapists who provide excellent service to a large and diversified group of patients. Orion shares that commitment and it was a pleasure working with both Orion and Centre Partners throughout this process.”

Mr. Evans concluded, “This acquisition is a meaningful step forward in executing our strategy of building a leading national player in the value-added healthcare staffing space. The combination of the Therapy Staff business model, the talent of their existing management team and Orion’s support infrastructure, is a powerful one. Also, the addition of Therapy Staff’s service offering expands on the platform of Cumberland, allowing us to provide full-service therapy staffing to healthcare institutions and school systems throughout the nation.”

About Orion ICG, LLC:

Orion is a national firm offering allied health staffing solutions to healthcare and educational facilities across the county, and is the nation’s largest military recruiting and consulting firm, specializing in transitioning exiting veterans into permanent careers. In addition to the company’s military direct placement business, it also offers complementary services through its subsidiaries, including MilitaryStars, the nation’s largest military career expo provider and Orion Health Professionals, which connects transitioning military health professionals with premier health systems throughout the nation. Additional information about Orion International is available at www.orioninternational.com.

Media contact: Colleen Whiteside, 919-653-3720 x 116, cwhiteside@orioninternational.com.

About Centre Partners:

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire a meaningful economic stake in the future success of their businesses. Centre Partners’ Managing Directors have invested over $3 billion in more than 90 companies, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. Centre Partners has offices in New York City and Los Angeles. The firm is currently investing through its fifth fund, which has approximately $880 million of committed capital. Centre has deep investment expertise covering consumer, healthcare, industrial products and services, financial services, energy, media, restaurants, retail, and aviation services. Additional information is available at www.centrepartners.com.

Centre Partners Announces Investment in Covenant Care LLC

July 22, 2008

Middle Market Private Equity Firm Partners with Management Team to Invest in Leading Operator of Skilled Nursing Facilities

Los Angeles, Calif. (July 22, 2008): Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, today announced it has completed its investment in Covenant Care LLC. The investment was concluded in partnership with Covenant Care’s senior management team who will retain a significant stake in the business and continue in the same executive capacities with the company.

Covenant Care, founded in 1994 and based in Aliso Viejo, California, is an operator of long-term care centers through its network of facilities, with over 5,000 licensed beds located throughout seven states. The company’s 43 skilled nursing facilities (SNFs) and three residential care facilities (RCFs) provide nursing, rehabilitative, and health-related services 24 hours-a-day with an emphasis placed on rehabilitative therapies.

Covenant Care is the second significant healthcare services investment by Centre Partners in the last two years. In 2006, Centre Partners acquired over 100 dialysis clinics from Fresenius Medical Care and Renal Care Group in a $550 million transaction. That investment was made through Centre Partners’ portfolio company, DSI Holdings, which is involved in the acquisition, development and operation of kidney dialysis clinics throughout the U.S.

Covenant Care Chief Executive Officer Bob Levin said, “I am very pleased to be entering into this new partnership with Centre Partners. Its financial support and expertise should enable us to accelerate our growth plans for the business while allowing us to maintain our focus on Operational Excellence. This transaction is a clear endorsement of the strength of our dedicated Team of healthcare professionals who are committed to providing the highest level quality of care to our residents across the country.”

Centre Partners’ Senior Partner Bob Bergmann added, “We’re equally excited to become partners with the Covenant Care Team. The company’s leadership at both the corporate and facility level is extraordinary, as is management’s dedication to deliver the highest level quality of care. We look forward to supporting Covenant Care as it expands its base of facilities.”

About Centre Partners

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire a meaningful economic stake in the future success of their businesses. Centre Partners’ Managing Directors have invested over $3 billion in more than 90 companies, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. Centre Partners has offices in New York City and Los Angeles. The firm is currently investing through its fifth fund, which has approximately $880 million of committed capital. Centre has deep investment expertise covering consumer, healthcare, industrial products and services, financial services, energy, media, restaurants, retail, and aviation services. Additional information is available at www.centrepartners.com.

About Covenant Care LLC

Covenant Care, with headquarters in Aliso Viejo, CA, operates a diversified portfolio of high quality SNFs and RCFs in seven states. The Company’s 43 SNFs provide nursing and rehabilitation services to the rapidly growing elderly population in the U.S., while the Company’s wholly-owned therapy business provides each facility with state-of-the-art rehabilitation programs and personnel. Covenant Care’s systems, culture and operating model are contributors to the Com

Ross Aviation Acquires Laredo Aero Center

July 01, 2008

Laredo, Texas

Denver, Colorado, July 1, 2008: Ross Aviation LLC today announced that it has acquired Laredo Aero Center, Inc. in Laredo, Texas. Formerly known as Lacey’s Serv-a-Jet, Inc., Laredo Aero Center is the largest FBO located at the Laredo International Airport. This acquisition represents the ninth major FBO investment for Ross Aviation and increases its portfolio to 13 operations. Laredo Aero Center now joins Denver AirCenter, Scottsdale AirCenter, Santa Fe AirCenter, Capital Aviation, Corporate Aircraft, Great Circle Flight Services, Miami Executive Aviation and Bradley Pacific Aviation as strategic locations in the growing Ross Aviation network.

Laredo Aero Center has been providing exceptional FBO services to private and corporate aviation operators since it was founded by Doug Lacey and two other associates in 1975. The FBO offers 24 hour service in completely renovated facilities which include 98,000 square feet of hangar, office and terminal space. Mr. Lacey will remain as General Manager of the operation.

Ross Aviation president and CEO, Jeff Ross, commented, “Adding Laredo, Texas to our portfolio of FBOs further expands the Ross Aviation footprint. We look forward to a long relationship with Doug Lacey, who enjoys a well deserved reputation for real Texas hospitality and service at one of the primary international ports of entry along the U.S./Mexican border.”

Ross Aviation was established in 2004 through a partnership between Centre Partners Management, LLC and industry veterans Jeff Ross and Greg Ross. Bruce Pollack, Managing Partner of Centre Partners, said, “Even during these challenging economic conditions, Ross Aviation has continued to identify attractive investments. Laredo Aero Center is such an opportunity.”

Centre Partners Management, with offices in New York, Los Angeles and Dallas, is a private equity investment firm focused exclusively on supporting strong middle market companies. Founded in 1986, Centre Partners and its affiliates have invested over $3 billion of equity capital in more than 90 private equity transactions.

Ross Aviation brings together extensive FBO ownership and operating knowledge with the flexibility to structure and quickly close acquisitions using a variety of transaction models. Its principals are experienced FBO investors, having acquired, operated and divested premier properties, including Vail/Beaver Creek Jet Center, Million Air La Quinta at the Desert Resorts Airport, Million Air Palm Springs at the Palm Springs International Airport and the Newport Jet Center at the John Wayne Airport.

For more information, please visit www.rossfbo.com or www.centrepartners.com

Centre Partners Announces Investment in U.S. Retirement Partners

June 09, 2008

Leading Middle Market Private Equity Firm Partners with Industry Veterans to Capitalize on Growing Retirement Plan Market

New York, NY, June 9, 2008: Centre Partners, a leading middle market private equity firm, today announced its investment in U.S. Retirement Partners, Inc. (USRP).

USRP was formed by Robert C. Dughi and Mark M. Skinner to create a leading national distribution firm in the tax deferred retirement plan market by uniting top tier independent distributors with market-leading infrastructure, technology and administrative capabilities. USRP intends to initially focus on 403(b) products in the $180 billion K-12 public school segment of the retirement marketplace, which is expected to experience significant growth.

Centre Partners, established in 1986, is a leading middle market private equity firm with offices in New York and Los Angeles. Centre is investing in USRP through its fifth fund, which has approximately $880 million of committed capital.

Dughi and Skinner collectively have over 60 years of experience in sales and management in the retirement marketplace. Dughi was formerly chairman and co-founder of The Copeland Companies, which was the first national independent K-12 firm in the 403(b) market. As President of Copeland, Skinner helped Dughi grow the business into one of the largest and most profitable firms in the K-12 market before becoming a part of CitiStreet.

Dughi, who will serve as USRP’s Executive Chairman, said, “USRP plans to deliver technology, infrastructure and support to regional firms who previously had to either build it on their own or forego the ability to compete with larger captive insurance company sales organizations.” He added, “USRP’s unique approach will allow regional firms to retain their leadership and local focus while becoming part of a larger independent company with the scale and capability of a national firm.”

Simultaneous with Centre’s investment, USRP closed on its initial three acquisitions, giving USRP a competitive presence in the K-12 retirement market in Florida, Michigan and North Carolina. According to Skinner, USRP’s president and chief executive officer, these acquisitions will provide USRP with a solid platform for future growth and raise USRP’s visibility within the industry.

Centre Partners Managing Partner Bruce Pollack said, “USRP represents a compelling investment opportunity to back a strong and experienced management team in their effort to create a national distribution platform in the K-12 segment of the 403(b) market. We were attracted by this market due to its favorable demographic trends, strong cash flow attributes, and highly fragmented ownership. By partnering with Bob Dughi and Mark Skinner, we expect to further enhance the revenue growth and profitability of acquired businesses. Centre stands ready to support USRP’s anticipated growth strategy with additional capital.”

Skinner concluded, “Our management team and advisors are excited about the partnership with Centre Partners. We look forward to benefiting from their experience as we work together to build the leading independent firm in the 403(b) industry.”

About Centre Partners

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams wh

Ross Aviation Acquires Bradley Pacific Aviation

April 11, 2008

Five Locations in the Hawaiian Islands – Honolulu, Kahului, Lihue, Kona and Hilo

Denver, Colorado, April 11, 2008 – Ross Aviation today confirmed that it has acquired the majority ownership interest in the Bradley Pacific Aviation portfolio of five FBOs in the Hawaiian Islands. This acquisition represents the eighth major FBO investment for Ross Aviation and increases its portfolio to 12 operations. The FBOs, located at Honolulu International Airport, Kahului International Airport, Lihue Airport, Keahole-Kona International Airport and Hilo International Airport will continue to operate under the “Bradley Pacific Aviation” banner. The Bradley Pacific FBOs now join Denver AirCenter, Scottsdale AirCenter, Santa Fe AirCenter, Capital Aviation, Corporate Aircraft, Great Circle Flight Services and Miami Executive Aviation as strategic locations in the growing Ross Aviation network.

Ross Aviation president and CEO, Jeff Ross, commented that, “We are thrilled to add the Bradley Pacific Aviation operations to our network, which now stretches over most of the United States – from Hawaii to Florida and from California to Alaska. The Bradley Pacific FBOs provide extensive coverage and add a leading presence in one of the world’s premier resort marketplaces.”

In addition to providing exceptional FBO services to private and corporate aviation operators, Bradley Pacific is also a major commercial into plane fuel supplier in the Hawaiian Islands. Bradley Pacific was founded by Bob Yosaitis and Tom Anusewicz in 1998. Based on the premise of excellent service and safety, Bradley Pacific grew to become the leading FBO operator in the state. Mr. Yosaitis continues to hold an equity interest in Bradley Pacific, and he and Mr. Anusewicz will continue to serve in key capacities with the company. Industry favorites Mi Kosasa and Suzanne Olaso will also continue in their leadership roles in the company’s marketing and corporate aviation services departments.

Ross Aviation was established in 2004 through a partnership between Centre Partners Management, LLC and industry veterans Jeff Ross and Greg Ross. Bruce Pollack, Managing Partner of Centre Partners, said, “We expect the Hawaiian Islands to continue to flourish as a year-round resort destination and we are pleased to have secured the opportunity to expand the Ross Aviation platform into this market.” Pollack added that Bradley Pacific has secured a new long term lease at Kona on which it will develop a 40,000 square foot hangar and FBO facility.

Centre Partners, with offices in New York and Los Angeles, is a private equity investment firm focused exclusively on supporting strong middle market companies. Founded in 1986, Centre Partners and its affiliates have invested over $3 billion of equity capital in more than 90 private equity transactions. Ross Aviation brings together extensive FBO ownership and operating knowledge with the flexibility to structure and quickly close a variety of transaction models.

For more information, please visit www.rossfbo.com or www.centrepartners.com or contact us at:

Contacts: Jeff Ross

Centre Partners Announces Successful Realization of Investment in Nexus Gas Partners, LLC

March 25, 2008

Dallas, Texas, March 25, 2008 – Centre Partners Management LLC and Centre Southwest Partners LLC today closed the sale of Nexus Gas Holdings, LLC to Regency Energy Partners LP (Nasdaq: RGNC) for initial consideration of $85 million, in addition to certain contingent consideration. Nexus Gas Holdings, LLC, a wholly-owned subsidiary of Nexus Gas Partners, LLC, is a midstream provider of natural gas gathering, dehydration and compression services for producers in the active exploration and development regions of East Texas and Northern Louisiana.

Nexus Gas Partners, LLC was formed by Centre Partners, Centre Southwest and two experienced midstream executives – Fritz Brinkman and Mike Davis – in late 2006 to build a high-quality portfolio of midstream assets through organic development and acquisitions.

Centre Partners Senior Partner Scott Perekslis said, “Immediately after closing the initial platform acquisition in January 2007, the Nexus team initiated a series of important growth projects that have substantially improved the geographic reach and performance of the system. Today, the realization of our investment in Nexus Gas represents an important success for our investors, our partners at Centre Southwest, and all of the management and employees of Nexus Gas.”

The Nexus Gas pipeline network includes the Logansport System, which currently gathers natural gas from various producing fields in Shelby County and Panola County, Texas and DeSoto Parish, Lousiana. The Logansport System consists of approximately 80 miles of low and high-pressure gathering pipelines and related compression and dehydration equipment.

With this transaction, Regency will also acquire the definitive agreement Nexus entered into with Southern Natural Gas Company (“SNG”) to purchase 136 miles of pipeline and related facilities in the region located west of Bienville, Louisiana. Regency’s acquisition of the SNG assets remains subject to approval by the Federal Energy Regulatory Commission.

Centre Southwest Founding Partner Kent Sweezey praised management for increasing the strategic relevance of the Nexus assets within its operating regions in such a short period of time. “We credit our management team with balancing the exciting growth projects we have been pursuing while retaining a daily focus on serving our customer base of producers. Many opportunities to enhance the system remain, and we believe the Regency team is well positioned to pursue additional projects for its combined system.”

About Centre Partners

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire a meaningful economic stake in the future success of their businesses. Centre Partners’ Managing Directors have invested over $3 billion in more than 90 companies, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. Centre Partners has offices in New York City and Los Angeles. The firm is currently investing through its fifth fund, which has approximately $880 million of committed capital. In addit

Ross Aviation Acquires Interest in Miami Executive Aviation at Opa-locka Executive Airport, Miami, FL

February 06, 2008

Denver, Colorado, February 6, 2008 – Ross Aviation today confirmed that it has acquired an ownership interest in Miami Executive Aviation (“MEA”) at Opa-locka Executive Airport in Miami, Florida. This is the seventh major FBO investment for Ross Aviation. The FBO will continue to operate as “Miami Executive Aviation,” joining Denver AirCenter, Scottsdale AirCenter, Santa Fe AirCenter, Capital Aviation, Corporate Aircraft and Great Circle Flight Services as strategic locations in a growing network.

Ross Aviation President and CEO, Jeff Ross, commented that, “We are pleased to add Miami Executive Aviation to our growing family of FBOs. We were drawn to MEA not only because of its great location, but also because of the outstanding management of the FBO. We are excited to welcome Fabio Alexander as a partner and his team to the Ross family. He will continue to lead the operation of Miami Executive and lend his considerable marketing skills and energy to the rest of the Ross Aviation portfolio.”

In addition to providing great FBO services to corporate aviation consumers, MEA is a community-friendly contributor to the airport, its operators and local government sponsors. The MEA team has piloted many new frontiers in attracting customers and enhancing the value of the airport including: leading the effort to extend the hours of operation for the U.S. Customs service; constructing an 77,400 square foot hangar capable of housing three Boeing Business Jets; supporting youth educational initiatives such as Barrington Irving”s “Experience Aviation”; and volunteering with the “Brothers to the Rescue” humanitarian efforts. MEA”s state-of-the-art facilities have hosted the “McDonalds Air and Sea Show” and a variety of other special events for corporations including Merrill Lynch and Chevron, and served as a great location for film, video and fashion industry productions for “Miami Vice”, Will Smith, Chanel and others.

Miami Executive Aviation was established by Fabio Alexander in November 1996. Its facilities include more than 950,000 square feet of ramp, hangar, parking and office space (including the new BBJ hangar to be completed this month). Opa-locka Executive (“OPF”) is centrally located between Miami International Airport (7 miles south), and Ft. Lauderdale International Airport (15 NE) and only 3 miles from Miami Dolphin Stadium. OPF is the largest of Miami-Dade County’s five general aviation airports and is the primary general aviation reliever for the busy Miami International Airport. OPF is open 24/7, offers multiple instrument approaches, and provides one of the longest general aviation runways in the country at 8,002 feet, which can handle virtually all types of aircraft. OPF supports the business aviation community, light cargo traffic to the Caribbean, and is an ideal location for large aircraft maintenance services.

Ross Aviation was established in 2004 through a partnership between Centre Partners Management, LLC and industry veterans Jeff Ross and Greg Ross (no relation). Bruce Pollack, Managing Partner of Centre Partners, said, “The management and marketing team, directed by Fabio Alexander, will continue to lead and grow the operation. We look forward to their continuing success and are confident they will contribute significantly to the performance of other Ross FBOs.”

Centre Partners, with offices in New York and Los Angeles, is a private equity investment firm focused exclusively on supporting strong middle market companies. Founded in 1986, Centre Partners and its affiliates have invested over $3 billion of equity capital in more than 90 private equity transactions.

Ross Aviation brings together extensive FBO ownership and operating knowledge with the flexibility to structure and quickly close a variety of transaction models. Its principals are experienc

Centre Partners Completes Acquisition of Liberty Waste Services, LLC

December 18, 2007

Leading Middle Market Private Equity Firm Partners with Management and Waste Industry Veterans to Acquire Solid Waste Logistics Company

New York, NY, December 18, 2007 – Centre Partners Management LLC today completed the acquisition of Liberty Waste Services, LLC in partnership with members of Liberty’s senior management team and Centre Environmental Partners, Inc. (“CEP”), an affiliate of Centre Partners led by environmental services industry veterans Ross M. Patten and Scott Bernstein.

Liberty, which has been renamed Environmental Logistics Services LLC (“ELS”), is a leading provider of solid waste transportation and disposal services for customers throughout the Northeast and Midwest. The Company handles municipal solid waste and construction and demolition debris through three facilities located in New Jersey and Ohio. Liberty operates a rail transloading facility in Kearny, New Jersey, a 1,285 acre landfill in Springfield Township, Ohio, and a transfer station in Bridgeport, Ohio.

Centre Partners is a leading middle market private equity firm with offices in New York and Los Angeles. Centre Partners has invested over $3 billion of equity capital in more than 90 businesses in the past 20 years.

Centre Partners completed the acquisition in partnership with two of Liberty’s senior executives, Darren and Anthony Rizzo, who will serve as ELS’s CEO and COO, respectively. The Rizzos founded Liberty’s rail operations in New Jersey and are 15 year veterans of the waste transportation business. David Jaffe, Managing Partner of Centre Partners, said, “We are excited about partnering with ELS” management team and expanding our investment in the highly attractive environmental services sector alongside Centre Environmental Partners. Under the leadership of Darren and Anthony Rizzo, ELS has the potential to become one of the leading waste logistics companies in the country.”

ELS CEO Darren Rizzo said, “Our management team and employees are excited about our partnership with Centre Partners and Centre Environmental Partners. We look forward to benefiting from their vast experience as we work together to build a leading environmental services company. We share the commitment to providing a valuable service to our customers and contributing responsibly to our host communities in Ohio and New Jersey.”

About Liberty Waste Services

Liberty Waste Services, which has been renamed Environmental Logistics Services LLC (“ELS”), is a leading provider of solid waste transportation and disposal services for customers throughout the Northeast and Midwest. The Company handles municipal solid waste and construction and demolition debris through three facilities located in New Jersey and Ohio. Liberty operates a rail transloading facility in Kearny, New Jersey, a 1,285 acre landfill in Springfield Township, Ohio, and a transfer station in Bridgeport, Ohio.

About Centre Partners

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire a meaningful economic stake in the future success of their businesse

Orion ICG, LLC Announces Acquisition of Cumberland Therapy Services, Inc.

October 02, 2007

Nation’s Largest Military Recruiting and Consulting Firm Acquires Healthcare Staffing Firm

October 2, 2007 (Raleigh, NC) – Orion ICG, LLC announced today that it has acquired the assets of Cumberland Therapy Services, Inc., a leading national provider of healthcare therapists and other professionals to state and local government facilities. This marks Orion’s first acquisition since becoming a portfolio company of private equity firm Centre Partners in June 2007.

Founded in 1989 by licensed physical therapist A. Majeed Qasim, Cumberland specializes in the contract placement of physical therapists, occupational therapists, speech therapists and special education staff in more than 20 states across the country. The company has built an excellent reputation over its history. It has experienced significant growth, in part driven by the increase in Americans who are prone to medical conditions that result in the need for physical and speech therapy, as well as greater emphasis on early identification of speech problems in young children.

Orion Executive Chairman Jeffrey Evans said, “The addition of Cumberland is an important step in the realization of our strategic growth plan and we are extremely pleased to have made our first acquisition so quickly after forming our partnership with Centre Partners. Working together with Mr. Qasim, we believe that Orion’s solid infrastructure and seasoned recruiters will help ?super-charge’ Cumberland’s growth and service offering. Our team is thrilled to welcome them into the Orion family.”

With the acquisition of Cumberland, Orion has added Fred Davis to an executive management team with deep experience. Davis was recently the CEO of a $25 million travel nurse staffing firm and he will lead the expansion efforts at Cumberland.

Orion Chief Executive Officer Bill Laughlin said, “The combination of Cumberland’s business model and Fred Davis’ experience along with the support of the Orion infrastructure is a powerful one. The addition of Cumberland’s service offering will provide greater opportunities for our military veterans, who have served their country honorably, as they enter the civilian workforce.”

About Orion ICG, LLC:

Orion is the nation’s largest military recruiting and consulting firm, specializing in transitioning exiting veterans into permanent careers. In addition to the Company’s direct placement business it also offers complementary services through its subsidiaries, including MilitaryStars, the nation’s largest military career expo provider and Orion Health Professionals, which connects transitioning military health professionals with premier health systems throughout the nation. Additional information about Orion International is available at www.orioninternational.com.

Media contact: Ethan Grefe, 941-684-0133 x 186, egrefe@orioninternational.com

About Centre Partners:

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire a meaningful economic stake in the future success of their businesses. Centre Partners’ Principals have invested over $3 billion in more than 90 companies, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. Centre Partners has offices in New York City and Los Angeles. The firm is currently investing through its fourth fund, which has approximately $780 million of committed capital. Centre has deep investment expertise covering the industrial products and services, consumer, healthcare, energy, media, restaurants, retail and aviation services sectors. Additional information

Centre Partners Announces Acquisition of Orion International

June 22, 2007

Leading Middle Market Private Equity Firm Partners with Veteran Management Team to Acquire Nation’s Largest Military Recruiting and Consulting Firm

June 22, 2007 (New York, NY and Raleigh, NC) Centre Partners announced today that it has completed the acquisition of Orion International Consulting Group, Inc. The investment was consummated in partnership with Jeffrey Evans, a staffing industry veteran, who will serve as the Company’s Executive Chairman, and with key members of Orion International’s senior management team.

Founded in 1991 by five military veterans, Orion International is the nation’s largest recruiting and permanent placement organization specializing in individuals leaving the military. Over the course of its 16-year history, Orion has placed over 17,000 former-military personnel with over 2,000 different client corporations. Orion is primarily dedicated to finding permanent placement civilian opportunities for exiting junior military officers, enlisted technicians and military healthcare professionals. In addition to the Company’s direct placement business it also offers complementary services through its subsidiaries, including MilitaryStars, the nation’s largest military career expo provider; Velastar Solutions, which provides contract and temp-to-hire staffing opportunities for veterans; and Orion Health Professionals, which connects transitioning military health professionals with premier health systems throughout the nation. The company is headquartered in Raleigh, North Carolina with five additional offices located in close proximity to military bases across the country located in San Diego, CA, Cincinnati, OH, Virginia Beach, VA, Austin, TX and Sarasota, FL.

Orion Chief Executive Officer Bill Laughlin said, “I’m extremely confident that our new partnership with Centre will enable us to increase the scope of our operations, providing greater resources for our military candidates, who have served their country honorably and deserve the best possible chance at a successful and rewarding civilian career.”

“Orion’s unique operational model and strong management team offer an excellent platform for growth, both organically and through targeted acquisitions”, said Jeffrey Evans, who will serve as the Company’s Executive Chairman. “We look forward to working together to expand further in sectors like health care, energy and aviation, enabling us to provide even greater opportunities for transitioning military professionals and our client corporations.”

Bob Bergmann, Senior Partner at Centre Partners, stated, “Our new partnership with Orion’s management team is a prime example of the Centre Resource Model in action. Orion will benefit greatly from the expertise of Jeffrey Evans, a Centre Operating Partner, as we seek to expand the business. Centre also stands ready to support the anticipated growth with additional capital. Orion has an exciting future and we are pleased to be a part of it.”

About Centre Partners:

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire a meaningful economic stake in the future success of their businesses. Centre Partners’ Principals have invested over $3 billion in more than 90 companies, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. Centre Partners has offices in New York City and Los Angeles. The firm is cu

Gray Energy Services Announces Acquisition of Falcon Wireline, LLC

February 28, 2007

Strategic Acquisition in Oklahoma Panhandle Region Expands Gray’s Presence in Cased-Hole Wireline Industry

Fort Worth, Texas, February 28, 2007. Gray Wireline Service, Inc., a subsidiary of Gray Energy Services LLC, completed the acquisition of Falcon Wireline, LLC. Falcon is a leading provider of cased-hole wireline services for its customers in western Oklahoma and Panhandle region of northwest Texas.

Gray Energy Services LLC was formed in early 2006 by Centre Partners, Centre Southwest Partners and the management of Gray Wireline Service, Inc. as a platform to create a leading diversified provider of production enhancement solutions across the North American natural gas and oil production industry.

Falcon, which was founded in 2001 by Manley Porter and a group of investors, operates a fleet of electric wireline trucks from its facility in Woodward, Oklahoma, as well as a comprehensive array of tools, equipment and related vehicles. Mr. Porter is a 25-year veteran of the wireline industry, and has assembled a team of experienced engineers and personnel that quickly built Falcon into a leading independent in the Oklahoma / Texas market.

According to Grays Chief Executive Officer Larry Cavanna, Falcons team and equipment will complement Grays existing Woodward location and enhance its service offering and geographic coverage for both companies customer base. Mr. Porter will retain an ownership position in Gray and remain active in the management of the region.

Cavanna commented, Falcon is a strong complement to Grays existing operations in the Oklahoma market and our strong team in Woodward. We have known Manley Porter and his experienced engineers and personnel for many years, and we believe Falcons expertise and knowledge in the area will be beneficial to Gray as we join forces and move forward to better serve our customers in these regions.

He added, We are extremely pleased to have made our fourth acquisition so quickly after forming our partnership with Centre Partners and Centre Southwest. The acquisition of Falcon is another important step in the realization of our strategic growth plan.

About Centre Partners and Centre Southwest Partners

Centre Partners is a leading middle market private equity firm with offices in New York, Los Angeles and Dallas through Centre Southwest Partners. Centre Partners Managing Directors have invested over $3 billion of equity capital in more than 90 transactions in the past 20 years. In addition to the energy sector focus it has developed in conjunction with Centre Southwest Partners since 2004, Centre has deep investment expertise covering consumer, healthcare, industrial products and services, media, restaurants, retail, and aviation services. Additional information is available at www.centrepartners.com and www.centresw.com.

Media contact: Della Sweetman, Fleishman-Hillard, phone: 619-237-7721.

Centre Partners Announces Formation of Nexus Gas Partners LLC and Initial Acquisition of Natural Gas Gathering System in Louisiana and Texas

January 16, 2006

Leading Middle Market Private Equity Firm and Dallas Affiliate Partner with Industry Veterans to Capitalize Midstream Company Positioned for Growth

Dallas, Texas, January 16, 2007 – Centre Partners Management LLC and Centre Southwest Partners LLC, today announced their initial investment in the midstream segment of the energy industry with the formation of Nexus Gas Partners LLC and the acquisition of an established natural gas gathering and dehydration system in the active development regions of East Texas and Northern Louisiana.

Nexus Gas Partners LLC was established through a partnership between Centre Partners, Centre Southwest, and a management team brought together by them to lead this midstream initiative. Fritz Brinkman and Mike Davis, tenured executives with a range of complementary skills across the spectrum of midstream activities, will lead the optimization of existing Nexus assets and direct acquisition and organic growth projects that will broaden the Nexus activities across additional areas of exploration and development being pursued by the upstream industry. Brinkman and Davis collectively have over 55 years of industry experience managing intrastate and interstate assets across the onshore and offshore United States markets, including the operation of complementary dehydration, treating, and processing assets and the provision of other midstream-related services.

In early January, Nexus Gas Partners acquired Dominion Midstream Services, LP, which was previously a privately held company of the Dallas-based Dominion Gas Group. The acquired assets consist of the Logansport gathering and dehydration system (the Logansport system), which currently gathers approximately 100 million cubic feet of natural gas per day from the Joaquin Field in Shelby County and Panola County, Texas and the Logansport, Grand Cane, Spider and Benson Fields in DeSoto Parish, Louisiana. Dominion Gas Ventures, LP, another Dominion Gas Group entity and a long-standing participant in several segments of the energy industry, will continue to provide marketing-related services for several customers transporting volumes through the Logansport system.

Centre Partners is a leading middle market private equity firm with offices in New York, Los Angeles and Dallas through Centre Southwest. Centre Partners Managing Directors have invested over $3 billion of equity capital in more than 90 transactions in the past 20 years. Centre is investing in Nexus Gas Partners through its fourth fund, Centre IV, which has approximately $780 million of committed capital.

According to Centre Partners Senior Partner Scott Perekslis, the investment in Nexus Gas Partners creates an opportunity to build a high-quality, diverse portfolio of midstream assets through organic development and acquisitions.

We recognize an attractive investment opportunity in the midstream segment, given the compelling industry backdrop, positive capital deployment trends of the upstream customers of the segment, and strong, recurring cash flow attributes of many of the assets in this industry, said Perekslis. We believe we are well-positioned to take advantage of the significant growth opportunities afforded us from our initial acquisition and other initiatives under consideration. We stand ready to invest additional capital in Nexus Gas Partners to support and accelerate our midstream vision.

Fritz Brinkman, President of Nexus, said: We are excited to have the support and involvement of Centre Partners and Centre Southwest. They share our philosophy that, in this industry, the customer comes first, and we look forward to exploring opportunities to provide midstream solutions to our existing customers on the Logansport system and new customers in areas of future growth. The combination of a local presence, diverse energy experiences and significant capital for investment in our future growth makes Centre and Centre Southwest an ideal partner for Nexus Gas.

Gray Energy Services Announces Acquisition of Southern Wireline Service, Inc.

September 25, 2006

Acquisition of Independent Wireline Company in the Gulf Coast Expands Grays Presence in the Cased-Hole Wireline Industry

Fort Worth, Texas, September 25, 2006 – Gray Wireline Service, Inc., a subsidiary of Gray Energy Services LLC, today completed the acquisition of Southern Wireline Service, Inc. Southern is a longstanding independent provider of cased-hole wireline services in the onshore and transition zone regions of the Gulf Coast and the offshore Gulf of Mexico.

Gray Energy Services LLC was formed in early 2006 by Centre Partners, Centre Southwest Partners and the management of Gray Wireline Service, Inc., as a platform to create a leading diversified provider of production enhancement solutions across the North American natural gas and oil production industry.

Southern, which was founded in 1968 by Jodie Crouch, Sr., operates a fleet of electric line trucks and skids from its facility in Lafayette, Louisiana, as well as a comprehensive array of tools, equipment and related vehicles. The company is currently owned and managed by Jodie Crouch, Sr.s three sons David Crouch, Jodie Crouch, Jr. and Kenneth Crouch.

According to Grays Chief Executive Officer Larry Cavanna, the Lafayette location will serve as an important new operating location for Gray. The Crouchs will retain an ownership position in the company and will remain active in the management of the area.

Cavanna commented, Southern establishes a strong footprint for Gray in the Gulf Coast region and provides us with a strong platform for further expansion in the transition zone / offshore Gulf of Mexico market. We believe Southerns expertise and knowledge in the region will be beneficial to the company as we join forces and move forward to better serve our customers in these areas.

He added, We are very impressed with David, Jodie and Kenneth, and the entire Southern Wireline team. Southern has an exceptional operational reputation and is staffed by very professional and experienced personnel. We are excited to have them as part of the Gray team.

Cavanna concluded, We are extremely pleased to have made our third acquisition so quickly after forming our partnership with Centre Partners and Centre Southwest. The acquisition of Southern continues to expand our presence geographically and is another important step in the realization of our strategic growth plan.

About Centre Partners

Centre Partners is a leading middle market private equity firm with offices in New York City and Los Angeles. Centre Southwest, an affiliate of Centre Partners, is based in Dallas, Texas. Centre Partners Managing Directors have invested over $3 billion of equity capital in more than 80 businesses in the past 20 years. The firm is currently investing through its fourth fund, which has approximately $780 million of committed capital. In addition to the energy sector focus it has developed in conjunction with Centre Southwest Partners since 2004, Centre has deep investment expertise covering consumer, healthcare, industrial products and services, media, restaurants, retail, and aviation services. Additional information is available at www.centrepartners.com.

Media contact: Della Sweetman, Fleishman-Hillard, phone: 619-237-7721.

Gray Energy Services Announces Acquisition of Master Wireline Services, Inc.

June 26, 2006

Acquisition of Largest Independent Wireline Company in the Barnett Shale Expands Gray’s Presence in the Cased-Hole Wireline Industry

Fort Worth, Texas, June 26, 2006. Gray Wireline Service, Inc., a subsidiary of Gray Energy Services LLC, today completed the acquisition of Master Wireline, L.P.. Master is the leading independent provider of cased-hole wireline services in the Barnett Shale region of northern Texas.

Gray Energy Services LLC was formed in early 2006 by Centre Partners, Centre Southwest Partners and the management of Gray Wireline Service, Inc. as a platform to create a leading diversified provider of production enhancement solutions across the North American natural gas and oil production industry.

Master, which was founded in 1985 by Jeff Lindeman, Ken Luig and Perry Luig, operates a fleet of electric line trucks from its facilities in Wichita Falls and Granbury, Texas, as well as a comprehensive array of tools, equipment and related vehicles.

According to Gray’s Chief Executive Officer Larry Cavanna, the Wichita Falls and Granbury locations will serve as important new operating locations for Gray. Jeff Lindeman, Ken Luig and Perry Luig will each retain an ownership position in the company and will remain active in the management of the area.
Cavanna commented, “Master establishes a strong footprint for Gray in the growing Barnett Shale region and is a great complement to Gray’s existing operations in surrounding areas. We believe Master’s expertise and knowledge in the area will be beneficial to the company as we join forces and move forward to better serve our customers in these areas.”

He added, “We are very impressed with Jeff, Ken, Perry and the entire Master Wireline team. Master has an exceptional operational reputation and is staffed by very professional and experienced personnel. We are excited to have them as a part of the Gray team.”

Cavanna explained that Gray would immediately add new equipment and additional experienced personnel to the operations to accelerate growth and meet the needs of customers.

He concluded, “We are extremely pleased to have made our second acquisition so quickly after forming our partnership with Centre Partners and Centre Southwest. The acquisition of Master is another important step in the realization of our strategic growth plan.”

About Centre Partners

Centre Partners is a leading middle market private equity firm with offices in New York City and Los Angeles. Centre Southwest, an affiliate of Centre Partners, is based in Dallas, Texas. Centre Partners’ Managing Directors have invested over $3 billion of equity capital in more than 80 businesses in the past 20 years. The firm is currently investing through its fourth fund, which has approximately $780 million of committed capital. In addition to the energy sector focus it has developed in conjunction with Centre Southwest Partners since 2004, Centre has deep investment expertise covering consumer, healthcare, industrial products and services, media, restaurants, retail, and aviation services. Additional information is available at www.centrepartners.com.

Media contact: Della Sweetman, Fleishman-Hillard, phone: 619-237-7721.

Centre Partners Announces Acquisition of Group Dekko

July 25, 2006

Leading Middle Market Private Equity Firm Partners with Veteran Management Team to Acquire Specialty Manufacturer of Highly Engineered Components

NEW YORK, July 25 /PRNewswire/ — Centre Partners Management LLC today announced that it has completed the acquisition of substantially all of the assets of Dekko Technologies, Inc. and the stock of Pent Technologies, Inc. (collectively, “Group Dekko”). The investments were completed in partnership with key members of Group Dekko’s senior management team and through a newly formed entity, Group Dekko Holdings, Inc.

Founded in 1952, Group Dekko is a leading provider of highly engineered electrical, wire, plastic and metal subcomponents, finished products, fixtures and related assemblies for the office furniture, transportation, lighting, appliance, medical device and consumer product end markets. Utilizing over 190 active, pending, and provisional patents, Group Dekko has a broad range of manufacturing and assembly capabilities, including metal forming, stamping, powder coating, plastic molding and extrusion, product assembly, and built to order, highly customized products. The company is headquartered in Kendallville, Indiana.

Centre Partners is a leading middle market private equity firm with offices in New York, Los Angeles and Dallas. Centre Partners’ managing directors have invested over $3 billion of equity capital in more than 80 businesses in the past 20 years. Centre is investing in Group Dekko through its fourth fund, Centre IV, which has approximately $780 million of committed capital.

“We are excited about our new partnership with the Group Dekko management team and our acquisition of a company with such a long track record of success,” said Robert Bergmann, managing director at Centre Partners. “We look forward to working together to build on the company’s strong existing reputation and rich heritage as we grow.”

Group Dekko Chief Executive Officer Steven Hankins said, “Our senior management and employees are excited to have Centre Partners as our business and financial partner. Centre Partners shares our commitment to superior quality and innovation, as well as attentive service for customers and employees alike. We look forward to working with them to drive the continued growth and success of Group Dekko.”

Consistent with Centre Partners’ philosophy of investing alongside management teams who have or desire a meaningful economic stake in the future success of their businesses, Group Dekko’s senior management team will continue to hold a significant investment in the company.

Group Dekko was advised in this transaction by Charles Heiny, a partner at Fort Wayne, Indiana based law firm Haller & Colvin and Mark Filippell, a managing director at Cleveland, Ohio based investment banking firm Western Reserve Partners.

Centre Partners was advised by Mark Thierfelder, a partner in the New York office of O’Melveny & Myers.

Senior financing for the transaction was provided by JPMorganChase and Dymas Capital, while mezzanine financing was provided by Blackstone Mezzanine Partners II.

About Group Dekko

Group Dekko was founded in 1952 by Chester “Chet” Dekko and Lyall Morrill. Over the last 50 years Group Dekko has become a leading provider of highly engineered electrical, wire, plastic and metal subcomponents, finished products, fixtures and related assemblies for the office furniture, transportation, lighting, appliance, medical device and consumer product end markets. Today, Group Dekko is headquartered in Kendallville, Indiana and employs approximately 1,500 people in 30 modern facilities located in Northeast Indiana, Iowa, Alabama, Texas and Mexico. Additional information about Group Dekko is available at www.dekko.com.

About Centre Partners

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire a mean

Gray Energy Services Announces Acquisition of Oilfield Pro-Log Services, Inc.

May 15, 2006

Strategic Acquisition in the Permian Basin Expands Gray’s Presence in Cased-Hole Wireline Industry

Fort Worth, Texas, May 15, 2006 Gray Wireline Service, Inc., a subsidiary of Gray Energy Services LLC, completed the acquisition of Oilfield Pro-Log Services, Inc. (DBA Pro-Log Wireline Service). Pro-Log is a leading provider of cased-hole wireline services in the Permian Basin region of West Texas.

Gray Energy Services LLC was formed in early 2006 by Centre Partners, Centre Southwest Partners and the management of Gray Wireline Service, Inc. as a platform to create a leading diversified provider of production enhancement solutions across the North American natural gas and oil production industry.

Pro-Log, which was founded in 1973 by Bill Flippin, operates a fleet of nine electric line trucks and three slickline trucks from its facilities in Denver City, Levelland and Midland/ Odessa, Texas, as well as a comprehensive array of tools, equipment and related vehicles.

According to Gray’s Chief Executive Officer Larry Cavanna, the Denver City location will serve as an important new operating location for Gray. Flippin will retain an ownership position in the company and remain active in the management of the region, reporting to Steve Gray, vice president of Gray’s Permian Basin operations.

Cavanna commented, “Pro-Log is a strong complement to Gray’s existing operations in the Permian Basin. We have known Bill Flippin and his experienced engineers and personnel for many years and are excited to have them join the Gray team. We believe Pro-Log’s expertise and knowledge in the area will be beneficial to the company as we join forces and move forward to better serve our customers in these regions.”

He added, “We are also extremely pleased to have made our first acquisition so quickly after forming our partnership with Centre Partners and Centre Southwest and believe the acquisition of Pro-Log is an important step in the realization of our strategic growth plan.”

About Centre Partners

Centre Partners is a leading middle market private equity firm with offices in New York and Los Angeles. Centre Southwest, an affiliate of Centre Partners, is based in Dallas. Centre Partners’ Managing Directors have invested over $3 billion of equity capital in more than 80 businesses in the past 20 years. The firm is currently investing through its fourth fund, which has approximately $780 million of committed capital. In addition to the energy sector focus it has developed in conjunction with Centre Southwest Partners since 2004, Centre has deep investment expertise covering consumer, healthcare, industrial products and services, media, restaurants, retail, and aviation services. Additional information is available at www.centrepartners.com.

Media contact: Della Sweetman, Fleishman-Hillard, phone: 619-237-7721.

Centre Partners Announces Formation of Gray Energy Services LLC and Growth Investment in Gray Wireline Service, Inc.

March 09, 2006

Leading Middle Market Private Equity Firm and Dallas Affiliate

Dallas, Texas, March 9, 2006 – Centre Partners Management LLC and its Dallas-based affiliate, Centre Southwest Partners LLC, today completed the acquisition of a majority interest in Gray Wireline Service, Inc. through a newly-formed entity, Gray Energy Services LLC. The investment in Gray Energy Services creates a partnership among the companys senior management team, Centre Partners, and Centre Southwest. Centre and its affiliates invested approximately $24 million in equity in Gray to acquire roughly 60% of the company; management of Gray will own the balance of the company. The Gray investment also marks Centre Partners first major transaction with Centre Southwest under their partnership to pursue investments in the energy sector.

Gray Wireline, which was founded in 1983 in Levelland, Texas by Mr. Steve Gray, is an established independent provider of cased-hole wireline services to the domestic natural gas and oil production industry. Cased-hole wireline services, which are performed during and after the completion of a well, and from time to time thereafter throughout the remaining life of a well, are delivered by lowering a wireline cable from a truck into a well with various tools and instruments attached to its end. Grays cased-hole wireline services, which are delivered from both electric-line and slickline units, include logging, perforating, pipe recovery, and other mechanical services.

Gray has expanded significantly over the past two years, both organically and through two acquisitions, resulting in four new district locations in Texas and greenfield operations in New Mexico and Oklahoma. The strategy and execution of this expansion has been achieved by a team of outstanding industry veterans. The strategic business plan was developed by Larry Cavanna and David Otte, whose previous experience together includes senior operating and management roles at Halliburton and Computalog, and its implementation was led by a partnership formed in early 2004 by Steve Gray, David Gray, Gary Cain, Larry Cavanna, and David Otte. The partnership was later enhanced by the additions of Jackie Wilson, Dick Melvin, Brian Hilliard, Rick Wilson, Ken Nester Sr., and John Dunlap. Effective with this transaction, Mr. Cavanna will serve as Chief Executive Officer of the company. Mr. Steve Gray will play a vital role in the management of the Permian Basin operations, will remain a significant shareholder of the company and become a member of its board of directors.

Centre Partners is a leading middle market private equity firm with offices in New York and Los Angeles, and an affiliate office in Dallas through Centre Southwest. Centre Partners Managing Directors have invested over $3 billion of equity capital in more than 80 businesses in the past 20 years. Centre is investing in Gray Wireline through its fourth fund, Centre IV, which has approximately $780 million of committed capital.

According to Centre Partners Managing Director Scott Perekslis, the investment in Gray Energy Services creates an opportunity to build upon a well established and rapidly growing independent wireline services company to create a leading diversified provider of production enhancement solutions across the North American exploration and production industry.

Were extremely pleased to have partnered with the strong and proven management team at Gray, said Perekslis. As the fastest-growing independent provider of cased-hole electric wireline services in North America, Gray provides a tremendous platform to continue to expand into new geographies and to extend into complementary oilfield services business lines. We consider our investment today to be a first step toward realization of this vision; we stand ready to invest additional capital in Gray to help support and accelerate its continued growth.

Larry Cavanna said: We owe a deep gratitude to all of our managers and employees f

Centre Partners and DSI to Acquire Over 100 Dialysis Centers from Fresenius Medical Care for Approximately $450 Million

February 16, 2006

Private Equity Firm Enters Healthcare Sector With Investment in DSI and Definitive Agreement to Acquire Facilities from Worlds Largest Provider of Dialysis Products and Services

New York, New York, February 16, 2006 Centre Partners and DSI Holding Company, Inc. (DSI) today announced that DSIs wholly owned subsidiary, National Renal Institutes, Inc. (NRI), will acquire over 100 dialysis clinics from Fresenius Medical Care Holdings Inc. and Renal Care Group. The transaction will mark the first major acquisition by DSI since its recent investment from Centre Partners, and the private equity firms entry into the healthcare services sector.

Centre Partners is a leading middle market private equity firm with offices in New York City and Los Angeles. Centre Partners managing directors have invested over $3 billion of equity capital in more than 80 businesses in the past 20 years. Centre Partners is investing in DSI through its fourth fund, which has approximately $780 million of committed capital.

Based in Nashville, Tennessee, DSI is involved in the acquisition, development and operation of kidney dialysis clinics, hospitals, and acute care centers. DSI is led by its President and CEO, Jerome Tannenbaum, M.D., Ph.D., FACP. Dr. Tannenbaum was a practicing nephrologist when he founded REN Corporation-USA in 1986, which he grew to become the fourth largest dialysis company in the United States before it was sold to global medical technology company Gambro Group in 1995. Dr. Tannenbaum later founded National Nephrology Associates, a privately held dialysis company that provided services to 5,800 patients across 89 clinics before it was acquired by Renal Care Group in 2004.

DSI is excited about the opportunity to acquire such a significant group of dialysis clinics throughout the U.S., said Dr. Tannenbaum. He added, The support and involvement of Centre Partners in this important deal has been extraordinary. The firm has demonstrated a unique understanding and appreciation for our vision to build a nationwide healthcare services company that works with physicians to bring them the best facilities, equipment, technology and administrative services in an effort to provide the best patient care possible.

The senior management team at DSI includes a number of industry veterans, such as Executive Vice President Stephen Harrison, who brings more than 30 years of experience in developing and opening new locations for healthcare services, and EVP and Chief Surgical Officer, Patrick Maxwell, M.D., FACS, a multiple award winning plastic and reconstructive surgeon and founder of the Nashville Aesthetic Institute.

Centre Partners Managing Partner Bruce Pollack said, We are thrilled to partner with an executive team with the depth of experience of DSIs, and to acquire a significant base of assets in the dialysis sector of the healthcare services industry. We look forward to the successful integration of these clinics into DSI and to working with management to identify future growth opportunities through acquisitions, de novo development and joint venture arrangements.

The approximately 100 dialysis clinics being acquired by DSI are being divested by Fresenius Medical Care Holdings, a subsidiary of the worlds largest provider of dialysis products and services Fresenius Medical Care AG & Co. KGaA, and Renal Care Group as part of an important step toward concluding the review of the U.S. Federal Trade Commission of Fresenius Medical Cares acquisition of Renal Care Group. The sale of the clinics is expected to close shortly after the completion of the acquisition of Renal Care Group.

About Centre Partners

Centre Partners, founded in 1986, with offices in New York City and Los Angeles, is a leading private equity firm focused on making investments in middle market companies alongside management teams who have, or wish to have, meaningful economic stakes in the future success of their business. Centre provides those teams with access to Centres unique resources, which include its extended netwo

Centre Partners Announces Successful Realization of Investment in Garden Fresh Holdings, Inc.

October 19, 2005

Los Angeles, Calif., October 19, 2005 Centre Partners, a leading middle market private equity firm with offices in Los Angeles and New York, today announced the sale of Garden Fresh Holdings, Inc. to affiliates of Sun Capital Partners, Inc. Garden Fresh is a leading national soup, salad, and pasta buffet restaurant chain operating under the trade names Souplantation® and Sweet Tomatoes®.

According to Centre Partners Managing Director Robert Bergmann, the firm acquired a controlling stake in Garden Fresh in a friendly, going private transaction in March 2004 in partnership with its management team. Co-investors included Fairmont Capital, Inc. and Northwestern Mutual.

Bergmann said, This transaction concludes a highly successful investment for Centre Partners and we credit the efforts of Garden Freshs talented management team led by Michael Mack and David Qualls. We have been active investors in the restaurant industry for many years, and have rarely seen a business respond so quickly to a set of new strategic priorities.

He added, Garden Freshs innovative management team and its outstanding execution, as well as the proven nature of the concept, bode well for the restaurant chains continued success.

Michael Mack, chief executive officer of Garden Fresh, commented: We made a great decision in partnering with Centre. The firms local presence, knowledge of our industry, and commitment to supporting our strategic plan were integral to our efforts to increase the value of our restaurant chain. We are very pleased with the results and appreciate the help that Centre provided us.

Headquartered in San Diego, Calif., Garden Fresh operates 97 locations in 15 states and has over $240 million of annual revenues. Garden Fresh offers a broad variety of fresh food alternatives in an all-you-care-to-eat format. Garden Fresh has a history of strong financial performance, with same store sales growth in ten consecutive fiscal years.

The sale of Garden Fresh follows on the heels of another successful San Diego-based investment by Centre, Bumble Bee, which was sold to Connors Bros. Income Fund in 2004.

Centre Partners Managing Partner Bruce Pollack explained, While very different businesses, Garden Fresh and Bumble Bee both demonstrate what can be achieved when strong management teams are aligned with the right strategic and financial support.

Piper Jaffray & Co. served as exclusive financial advisor to Garden Fresh in connection with the transaction.

About Centre Partners

Centre Partners, founded in 1986, with offices in New York City and Los Angeles, is a leading private equity firm focused on making investments in middle market companies alongside management teams who have, or wish to have, meaningful economic stakes in the future success of their business. Centre provides those teams with access to Centres unique resources, which include its extended network of experienced and proven operating executives. Centre Partners and its affiliates have invested over $3 billion of equity capital in more than 80 businesses. Other current restaurant investments include Uno Chicago Grill and Johnny Rockets. Centre Partners is currently investing through its fourth fund, which has committed capital of approximately $780 million. Additional information about Centre Partners is available at www.centrepartners.com.

Media contact: Della Sweetman, Fleishman-Hillard, phone: 619-237-7721.

Ross Aviation, LLC Acquires Scottsdale AirCenter Top Ranked Fixed Base Operation at Scottsdale Airport, Arizona

August 09, 2005

Denver, CO, August 9, 2005 Ross Aviation, LLC and Centre Partners announced today their acquisition of Scottsdale AirCenter, the premier Fixed Based Operation (FBO) at Scottsdale Airport in Arizona. Scottsdale AirCenter represents Ross Aviations second FBO investment since its formation in December 2004.

Scottsdale AirCenter is a full-service FBO serving the greater Phoenix region. Scottsdale/Phoenix is one of the largest and fastest growing metropolitan areas in the United States and, consequently, the local aviation market has witnessed significant growth.

Scottsdale AirCenter began operations in 2003 and has quickly earned a top five ranking for the past two years in the prestigious Aviation International News annual survey of North American FBOs. The 11.6 acre facility includes 77,000 square feet of hangar space, 690,000 square-feet of concrete ramp, and 22,000 square feet of executive terminal, pilot lounge and office space. The acquisition also includes a 7.5-acre parcel that will add capacity for 95,000 square feet of hangar space and 35,000 square feet of office space. Construction is scheduled to commence in the fourth quarter of 2005.

Ross Aviation, LLC was established through a partnership between Centre Partners and Jeff and Greg Ross to acquire and operate attractive properties in the highly fragmented and growing FBO sector. Jeff Ross and Greg Ross have over 20 years of experience in the ownership and operation of FBO properties, including Vail/Beaver Creek Jet Center, Colo.; Million Air La Quinta at the Desert Resorts Regional Airport, Calif.; Million Air Palm Springs at Palm Springs International Airport, Calif.; Newport Jet Center at John Wayne Airport in Orange County, Calif.; the Palomar Airport Center, at McClellan Palomar Airport in Carlsbad, Calif.; and, Denver Air at Jefferson County Airport in Broomfield, Colo.

Centre Partners is a leading middle market private equity firm with offices in New York, Los Angeles and Dallas. Centre Partners and its affiliates have invested over $3 billion of equity capital in more than 80 private equity transactions.

Bruce Pollack, Managing Partner of Centre Partners, said, Were pleased to have made our second investment in this sector, particularly as Scottsdale AirCenter is one of the finest FBOs in the country. This acquisition represents a very unique opportunity to acquire a premier FBO, offering first-class service, with tremendous growth potential, in an attractive market.

Ross Aviation President and Chief Executive Officer Jeff Ross said, Scottsdale AirCenters truly unique architecture and spacious facilities combined with a proven management team and growing market makes it an exciting investment. Were very proud of this acquisition.

Scottsdale AirCenter was previously owned by an investor group led by Herb Marchman. The local management team led by General Manager Tommy Walker has managed Scottsdale AirCenter since its opening in 2003 and will continue to drive the FBOs growth under the new ownership.

FBOs are aircraft service organizations focused on serving the needs of corporate, private, and fractional jet aircraft owners. FBOs primarily provide fuel, executive terminal, transportation, catering, hangar services, and office facilities for their customers. An estimated 3,800 FBOs are located at 5,300 airports in the United States.

About Centre Partners

Centre Partners, founded in 1986, with offices in New York, Los Angeles and Dallas , is a private equity firm focused on investments in middle market companies alongside management teams who have or desire a meaningful economic stake in the future success of their businesses. Centre Partners and its affiliates have invested over $3 billion of equity capital in more than 80 businesses. Additional information about Centre Partners is available on the Internet at www.centrepartners.com.

Centre Partners Announces Successful Realization of Investment in Bumble Bee Seafoods, L.P.

April 11, 2005

New York, NY, April 11, 2005 Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, today announced that it has exited its remaining equity stake in Connors Bros. Income Fund (TSX: CBF.UN), concluding the firms investment in Bumble Bee Seafoods, L.P. The sale of Centre Partners remaining equity stake was executed through a block trade of Connors units.

Centre Partners originally acquired Bumble Bee from ConAgra Foods, Inc., in May 2003 through a partnership with members of Bumble Bees senior management team. In April 2004, Centre Partners combined the operations of Bumble Bee with those of Connors, creating the largest branded seafood company in North America and Canadas largest consumer products income fund.

Centre Partners Managing Director Scott Perekslis said, We are pleased with the successful realization of our investment and applaud the efforts of an extremely talented management team led by President and Chief Executive Officer Christopher Lischewski, Chief Operating Officer Douglas Hines, and Executive Vice President of Corporate Development John Stiker, who have each proven to be an exceptional manager and invaluable partner to Centre.

Following the combination with Connors Bros., Bumble Bees management team swiftly integrated the two businesses generating substantial cost savings that allowed Connors to raise its annual dividend from CAD$1.35 to CAD$1.40 only two months after the initial transaction. As a result of the combined companys strong performance, Centre Partners was able to complete a secondary offering of Connors units in September 2004 through which we sold approximately half of our retained equity stake at that time, Perekslis said.

In January 2005, Connors completed the acquisitions of Castleberry/Snows Brands, Inc., which holds leading positions in canned clams, clam juice, chili, beef stew, and clam chowder, and Sara Lees shelf-stable meats business, including canned and pouched chicken, beef and pork products sold under the Bryan ® and Sweet Sue ® brands. In connection with these acquisitions, Connors again raised its annual dividend from CAD$1.40 to CAD$1.50.

As a result of strong financial performance, managements ability to execute and quickly integrate accretive acquisitions, and a track record of steadily increasing annual dividends, Connors has become one of the preeminent income funds in Canada, said Centre Partners Managing Partner Bruce Pollack. We are very pleased with the outcome of our investment in Bumble Bee and greatly appreciate the tremendous efforts of management over the last two years. We remain committed to helping management in any way we can going forward. They have truly become part of the Centre family and we wish them much continued success.

About Centre Partners

Centre Partners, founded in 1986, with offices in New York City and Los Angeles, is a leading private equity firm focused on making investments in middle market companies alongside management teams who have a meaningful economic stakes in the future success of their businesses. Centre Partners and its affiliates have invested over $3 billion of equity capital in more than 80 businesses. Centre Partners is currently investing through its fourth fund, which has committed capital of approximately $780 million. Additional information about Centre Partners is available at www.centrepartners.com.

Media contact:
Della Sweetman
Fleishman-Hillard
Phone: 619-237-7721.

Centre Partners Announces Completion of Acquisition of Uno Restaurant Holdings Corporation

February 23, 2005

2/23/2005 9:25:04 AM – NEW YORK, Feb 23, 2005 /PRNewswire via COMTEX/ — Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, together with Aaron Spencer, the company’s Founder, and management today announced the completion of the acquisition of Boston-based Uno Restaurant Holdings Corporation, a major operator and franchisor of full-service, casual dining restaurants with system wide revenues of nearly $500 million.

There are more than 200 Uno Chicago Grill restaurants, located in 32 states, the District of Columbia, Puerto Rico, and select international cities. Uno Chicago Grill restaurants serve a wide variety of menu items, including their signature Chicago-style deep dish pizza, ribs, steak, seafood, pasta, salads, chicken and fajitas. In addition, Uno Restaurant Holdings Corporation also operates a rapidly growing consumer foods division.

“We are pleased to announce the close of this transaction,” said David Blatte, Managing Director at Centre Partners. “We look forward to working with Frank Guidara, who recently joined the company as CEO, Aaron Spencer and the Uno management team to nurture and enhance a great company with a strong brand and rich heritage.”

Centre Partners has deep experience investing in consumer businesses, and the firm has invested in such restaurants as Garden Fresh Restaurant Group, which operates under the Sweet Tomatoes and Souplantation brands, The Johnny Rockets Group and Buca di Beppo.

About Centre Partners

Centre Partners, founded in 1986, with offices in New York City and Los Angeles, is a leading private equity firm focused on making investments in middle market companies alongside management teams who have a meaningful economic stakes in the future success of their businesses. Centre Partners and its affiliates have invested over $3 billion of equity capital in more than 80 businesses, with a focus on consumer businesses, including restaurants. The investment will be funded through Centre Partners’ fourth fund which has committed capital of about $780 million. Additional information about Centre Partners is available at http://www.centrepartners.com.

For media inquiries, please call:
The Abernathy MacGregor Group
Steve Bruce / Monica Everett
sb@abmac.com / mce@abmac.com
212-371-5999

Connors Bros. Income Fund Completes Acquisition of Castleberry/Snow’s Brands, Inc. and Assets of Sara Lee Shelf-Stable Meats Business

January 14, 2005

TORONTO, Jan 14, 2005 (Canada NewsWire via COMTEX) — Connors Bros. Income Fund (TSX: CBF.UN; the “Fund”) today announced that its Bumble Bee Seafoods, LLC subsidiary (“Bumble Bee”) has completed the previously-announced acquisition of Castleberry/Snow’s Brands, Inc. (“Castleberry’s”) and the concurrent purchase of substantially all of the assets comprising Sara Lee Corporation’s shelf-stable meats business, including a license for the use of the Bryan(R) brand for shelf- stable meats. The total consideration payable of approximately U.S.$138 million is being funded, in part, from the proceeds of the Fund’s offering of ordinary trust units, which was completed on January 13. The transactions are expected to be immediately accretive to the Fund’s distributable cash. The Fund has approved an increase in its targeted annual per unit cash distributions by approximately 7%, to $1.50 from $1.40, effective with the February 2005 distribution.

Castleberry’s is a manufacturer and marketer of regionally prominent, shelf-stable prepared foods. It currently holds the leading U.S. position in canned clams, clam juice, and hot dog chili sauce, the second-largest U.S. position for branded beef stew, and the number three brand position in the clam chowder category.

The Sara Lee shelf-stable meats business consists of canned and pouched chicken, beef and pork products, which are sold in the retail and foodservice marketplaces, primarily under the Sweet Sue(R) and Bryan(R) brands. The Sweet Sue(R) brand is the U.S. leader in the chicken and dumpling and chicken pouch categories, with regional strength in canned chicken breast and chicken broth products. The Bryan(R) brand is a leader in canned meat products in several markets in the United States, and will be used under license from Sara Lee, which will continue to retain ownership of the brand to produce and sell frozen and refrigerated packaged meat products under the Bryan(R) name.

About Connors Bros. Income Fund

Connors Bros. Income Fund, Canada’s largest consumer products income fund, is a limited purpose trust established under the laws of Ontario that indirectly holds, through its subsidiaries, a controlling interest in Clover Leaf Seafoods, L.P. and Bumble Bee Seafoods, LLC. Clover Leaf(R) is the brand leader of seafood products in Canada, while Bumble Bee(R) is the leading brand of canned albacore tuna, salmon, and specialty seafood in the United States. Castleberry’s and the Sweet Sue(R) and Bryan(R) brands offer complimentary canned seafood and protein products, adding several leading product lines to the Connors and Bumble Bee businesses’ portfolio and strengthening their position as brand leaders in quality seafood and canned protein products.

Forward Looking Statements

The statements contained in this news release that are forward-looking are based on current expectations and are subject to a number of uncertainties and risks, and actual results may differ materially. These uncertainties and risks include, but are not limited to: availability of resource, competitive pressures and changes in market activity, risks associated with U.S. and international sales and foreign exchange, and regulatory requirements. Further information can be found in the disclosure documents filed by Connors Bros. Income Fund with the securities regulatory authorities, available at www.sedar.com.

References in this press release to “EBITDA” are to earnings before interest, income taxes, depreciation and amortization, after giving effect to foreign currency gains or losses. Management of the Fund believes that, in addition to net earnings, EBITDA is a useful complementary measure of cash available for distribution prior to debt service, capital expenditures and income taxes. However, EBITDA is not a recognized measure under Canadian or U.S. GAAP and does not have a standardized meaning pres

Centre Partners to Acquire Majority Interest in Uno Restaurant Holdings Corp.

January 11, 2005

Frank Guidara Named CEO

BOSTON, Jan. 11 /PRNewswire/ — Uno Restaurant Holdings Corporation today announced that it has entered into an agreement with Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, whereby Centre Partners will acquire a controlling interest in the company. Aaron Spencer, the company’s Founder and Chairman, as well as the senior members of the Uno management team, will maintain significant ownership. In addition, Uno and Centre Partners jointly announced that Frank Guidara will join Uno as CEO concurrent with the closing of the transaction. Mr. Guidara is presently President and CEO of Au Bon Pain. Terms of the acquisition were not disclosed.

Uno is a major operator and franchisor of full-service, casual dining restaurants and has system wide revenues of nearly $500 million. Uno serves a broad variety of fresh and flavorful menu items, including its signature Chicago-style deep dish pizza, which Uno invented in 1943, as well as ribs, steak, seafood, pasta, salads, chicken and fajitas. There are more than 200 Uno Chicago Grill restaurants, located in 32 states, the District of Columbia, Puerto Rico, and select international cities. Uno also operates a rapidly growing consumer foods division.

“I have spent a lifetime building Uno into a strong restaurant business, and I look forward to the next stage of the company’s growth and development,” Mr. Spencer stated. “I am very excited to bring an experienced private investor like Centre Partners on board to help lead the company through the next phase of its evolution.”

Mr. Guidara said, “I am excited to be leading a great organization with which I have been associated as a board member for several years. Uno has a rich history, a great brand name and an excellent management team.”

“Frank has the industry expertise and personal knowledge of Uno to advance our business, and we are very excited to have him as our new CEO,” Mr. Spencer said.

“In Uno we are partnering with an excellent management team in a business with an outstanding brand, leadership in its markets, predictability and attractive growth prospects. Uno is a restaurant icon, with its rich heritage, loyal customer base and unique, high quality menu offerings,” said David Blatte, Managing Director at Centre Partners. “We are investing in a storied, time-tested concept that we will continue to build into a leading national restaurant chain, franchise organization and food manufacturer.”

Centre Partners has deep experience investing in consumer businesses, and the firm has invested in such restaurants as Garden Fresh Restaurant Group, which operates Sweet Tomatoes and Souplantation, The Johnny Rockets Group and Buca di Beppo.

“We have been serving our customers for well over 50 years, and this transaction will allow us to continue to build our business for the long term,” added Mr. Spencer.

Frank Guidara

Mr. Guidara, who has been a member of Uno’s Board of Directors since 2001, has agreed to join Uno as CEO after spending five years as CEO of Au Bon Pain. Prior to that he was President and CEO of Wolfgang Puck Food Co., and he also spent 10 years as President of Operations at New York based Restaurant Associates.

About Uno Restaurant Holdings Corporation

Based in Boston, Uno Restaurant Holdings Corp. currently has more than 200 company-owned and franchised full service units located in 32 states, the District of Columbia, Puerto Rico, and select international cities. Uno offers a diverse selection of high quality, fresh and flavorful menu items prepared daily in its restaurants and served in a friendly atmosphere. Uno’s menu includes its signature Chicago-style, deep dish pizza, as well as ribs, steak, seafood, pasta, salads, chicken and fajitas. The company also operates a rapidly growing consumer foods division, which supplies airlines, movie theaters, hotels and supermark

Centre Partners Announces Formation of Ross Aviation, Acquisition of Denver Air Fixed Base Operation at Jefferson County Airport

January 10, 2005

New York Private Equity Firm Partners with Aviation Industry Veterans to Capitalize on Growing FBO Market

New York, NY, January 10, 2005 Ross Aviation, LLC and Centre Partners have announced their entry into the Fixed Base Operation (FBO) market with the acquisition of Denver Air, the leading FBO at Jefferson County Airport in Broomfield, Colorado.

Ross Aviation, LLC was established through a partnership between Centre Partners and the new companys original principals Jeff Ross and Greg Ross, industry veterans with over 20 years experience in ownership and operation of premier FBO properties. Such properties have included: Vail/Beaver Creek Jet Center, Colorado; Million Air La Quinta at the Desert Resorts Regional Airport, Calif.; Million Air Palm Springs at Palm Springs International Airport, Calif.; Newport Jet Center at John Wayne Airport in Orange County, Calif., and, the Palomar Airport Center which is currently under development at McClellan Palomar Airport in Carlsbad, CA.

Centre Partners is a leading middle market private equity firm, with offices in New York and Los Angeles. Centre Partners and its affiliates have invested over $3 billion of equity capital in more than 80 private equity transactions. The Ross Aviation investment will be funded through Centre Partners fourth fund which has committed capital of about $780 million.

Centre Partners Managing Partner Bruce Pollack said, In exploring the FBO industry we recognized an attractive investment opportunity given its solid growth prospects, predictability, strong cash flow attributes and the highly fragmented industry ownership. By partnering with a strong management team we expect to further enhance the revenue growth and profitability of acquired properties.

Pollack added, Our first acquisition of Denver Air represents an important entry into the FBO market for Centre Partners. As the primary FBO at Jefferson County Airport, Denver Air offers an established operation with significant volume, dominant market share, excellent facilities, and a long-term lease arrangement.

Ross Aviation President and Chief Executive Officer Jeff Ross said, The partnership with Centre is exciting for the company and the industry. The firm shares our belief in the fundamentals of our industry, among them strong assets in good markets. Weve found this combination in Denver Air and Jefferson County Airport.

Denver Air offers more than 50,000 square feet of high quality, heated hangar space in a new, modern facility nestled against the backdrop of the Rocky Mountains, next to the Interlocken Technology Park and less than 20 minutes from both downtown Denver and Boulder, Colorado.

Ross concluded, Ross Aviation is actively looking to acquire independently owned FBOs and wholly-owned portfolios, located in areas with attractive demographics and significant growth opportunities. Our goal is to become a major industry player, which we believe we can attain through our strategy of acquiring established superior operations, and providing expansion capital and management vision.

FBOs are aircraft service organizations focused on serving the needs of corporate, private and fractional jet aircraft owners. FBOs primarily provide fuel, executive terminal, transportation, catering, hangar services, and office facilities for their customers. An estimated 3,800 FBOs are located at 5,300 airports in the United States.

About Centre Partners

Centre Partners, founded in 1986, with offices in New York City and Los Angeles, is a private equity firm focused on investments in middle market companies alongside management teams who have or desire a meaningful economic stake in the future success of their businesses. Centre Partners and its affiliates have invested over $3 billion of equity capital in more than 80 businesses. Additional information about Centre Partners is available on the In

Quickie Manufacturing Corp. Announces Growth Investment from Centre Partners

December 27, 2004

Leading North American Household Products Provider Receives Strategic Investment from Private Equity Firm

CINNAMINSON, N.J., Dec. 27 /PRNewswire/ — Quickie Manufacturing Corp. announced today that it has received a strategic investment from Centre Partners and certain of its affiliates. This investment creates a partnership between Quickie’s executive owners, including Chairman Peter Vosbikian, and Centre Partners. The partnership was created to support Quickie’s ongoing expansion strategy of internal growth and acquisitions.

Established in 1919 by Peter Sr. and Thomas Vosbikian, Quickie is the largest North American provider of retail household cleaning tools and related products. Through a history of product innovation and dedication to customer service, Quickie has since expanded to become the leading overall supplier across North American retail channels in its market segments. Quickie produces and markets a complete line of household cleaning tools including mops, brooms, brushes, dusting tools and related accessories. With headquarters in New Jersey, Quickie also operates production facilities in Lumberton, North Carolina, El Paso, Texas, and Cadereyta, Mexico.

Centre Partners is a leading middle market private equity firm, with offices in New York and Los Angeles. Centre Partners and its affiliates have invested over $3 billion of equity capital in more than 80 private equity transactions. The private equity firm has deep experience investing in consumer products companies.

Quickie Chairman Peter Vosbikian said, “This partnership represents a key step in our company’s evolution. Quickie has a strong track record of growth, and we are confident that this partnership will help underpin the next stage of our success. As a result, this investment will benefit our employees, customers, and other business partners. My management team and I look forward to a strong and successful partnership with Centre Partners.”

David Jaffe, managing partner of Centre Partners, added: “We are very pleased to partner with the Vosbikian family and the rest of the Quickie management team. Quickie is the best-in-class player in its market segments with a history of superior customer service, the broadest array of innovative and high quality products, and a highly talented and experienced management team. This transaction embodies Centre Partners’ strategy to make investments supporting the growth of leading middle market companies with proven management teams, strong brands, and solid operations.”

Sawaya Segalas & Co., LLC, a leading consumer products investment banking firm, initiated this investment and served as exclusive financial advisor to Quickie Manufacturing Corp. Financial details of the transaction were not disclosed.

About Centre Partners

Centre Partners, founded in 1986, with offices in New York City and Los Angeles, is a private equity firm with a middle market focus that seeks to make investments alongside management teams who have or desire a meaningful economic stake in the future success of their business. Centre Partners and its affiliates have invested over $3 billion of equity capital in more than 80 private equity transactions. Additional information about Centre Partners is available on the Internet at http://www.centrepartners.com.

For more information, please contact:
Della Sweetman,
Fleishman-Hillard, phone: 619-237-7721

Bravo Sports Completes Acquisition Of Variflex

October 26, 2004

MOORPARK, Calif., and CYPRESS, Calif., Oct. 26 /PRNewswire-FirstCall/ — Variflex, Inc. (Nasdaq: VFLX), a leading provider of recreational consumer products, and Bravo Sports, a privately held leading global manufacturer and marketer of branded and OEM hard goods, components and accessories for the skateboard and in-line skating markets, today announced that Bravo Sports has completed the acquisition of Variflex. As a result of the acquisition, Variflex shareholders will receive $7.60 in cash for each share of Variflex common stock owned. Shares of Variflex will cease trading on the NASDAQ SmallCap Market as of today.

Bravo President and COO Tony Armand said, “We are extremely pleased to complete this business combination. Variflex brings to Bravo several attractive brands and product lines in our traditional inline skate and skateboard categories as well as in new recreational markets for Bravo such as trampolines and canopies. As a result, Bravo will be a more diversified leader in the sporting goods and outdoor recreation categories. We look forward to working with Variflex’s management and employees to make this a highly successful union.”

Centre Partners, through affiliated entities, will continue to control the majority of Bravo’s equity following the transaction. Robert Bergmann, Managing Director of Centre Partners, said, “This transaction represents a major milestone in our partnership with Bravo, and we look forward to working with Bravo’s talented management team to extend the company’s strong record of success.”

As soon as reasonably practicable, Variflex shareholders will be provided with a letter of transmittal and instructions explaining how to send their Variflex stock certificates to the paying agent to receive the merger consideration.

About Variflex

Variflex, Inc. designs and develops specialty consumer products that are manufactured to the Company’s detailed specifications by independent contractors, and are then distributed in the U.S. and worldwide through the Company’s established retail distribution network. Variflex benefits from sales of its core sporting goods products through licensing agreements carrying the “World Industries”(R), “Shrek II”(R), “Rocket Power”(R), “Sponge Bob Square Pants”(R), “Jimmy Neutron”(R) “Fairly Odd Parents”(R) and “Batman”(R) brand names. Current products include instant canopies, trampolines, in-line skates, skateboards, recreational protective equipment, helmets, bodyboards and bike accessories.

About Bravo Sports

Bravo Sports is a leading global manufacturer and marketer of branded and OEM hard goods, components and accessories for the skateboard and inline skating markets. Major products include wheels, bearings, skateboards, protective gear and related soft goods sold under leading category brand names such as Hyper(R), Kryptonics(R), BSB(R), Formula One(R), True(R), Bullzeye(R), Senate(R), and Kuzak(R). Bravo’s products enjoy market leadership positions and are distributed through an exclusive network of sales representatives and distributors. Additionally, Bravo Sports is a leading global OEM manufacturer of branded and unbranded in-line and skateboard wheels. Bravo Sports is controlled by entities affiliated with Centre Partners, a private equity firm with a middle market focus that seeks to make investments in friendly acquisitions alongside management teams that have or desire a meaningful economic stake in the future success of their business.

SOURCE Variflex, Inc.

FATS Announces New Financing Arrangements That Reduce Debt, Cut Interest Charges and Provide Additional Liquidity for Growth

September 30, 2004

ATLANTA, September 30, 2004–Firearms Training Systems, Inc. (OTC: FATS) today announced it has executed a $42 million revolving credit and term loan agreement that will significantly reduce the debt previously shown in the companys financial statements. In addition, FATS was able to eliminate the redemption date on its preferred stock. The five-year debt agreement, which was executed with CapitalSource Finance LLC (a new lender to the company) and existing lender First Source Financial, Inc. (as Agent for SSOF I, LLC), provides FATS significant additional liquidity to support managements growth plan.

Ron Mohling, chairman and chief executive officer of FATS, reported that the restructuring involved the companys existing preferred stockholders exchanging their shares of mandatory redeemable preferred stock for shares of a newly created preferred stock that does not have a mandatory redemption date. This restructuring has resulted in reducing balance sheet liabilities attributable to long term debt and preferred stock from approximately $72 million to approximately $38 million. Also, quarterly dividends recorded on the companys income statement have been eliminated unless declared by the company.

In connection with the transactions, affiliates of Centre Partners increased their ownership in the companys common and preferred stock to approximately 66%.

Dramatic improvements in the companys revenue and profits over the last two years have bolstered the financial communitys confidence in our management team and our direction, Mohling said. This agreement provides more favorable rates than we have had in the past, plus the funds and the flexibility FATS needs to support the strong growth in our business.

FATS designs and sells virtual training systems that improve the skills of the world’s military, law enforcement and security forces. FATS training provides judgmental, tactical and combined arms experiences, utilizing quality engineered weapon simulators. The company serves U.S. and international customers from headquarters in Suwanee, Georgia, with branch offices in Australia, Canada, Singapore, Netherlands and United Kingdom. FATS, an ISO 9001:2000 certified company, celebrates its 20th anniversary in 2004. The company Web site is www.fatsinc.com.

Except for financial information contained in this press release, the matters discussed may consist of forward-looking statements under the Private Securities Litigation Reform Act of 1995. The accuracy of the forward-looking statements, including statements regarding future events or the future financial performance of the company, is necessarily subject to a number of risks and other factors which could cause the actual results to differ materially from those contained in the forward-looking statements. Among such factors including those discussed above are: general business and economic conditions; the company’s success in competing for new contract awards; customer acceptance of and demand for the company’s new products; receipt and delivery of a sufficient level of orders from new and existing customers as well as satisfactory completion of delivery of a sufficient portion of backlog; the company’s overall ability to design, test, and introduce new products on a timely basis; the cyclical nature of the markets addressed by the company’s products; and the risk factors listed from time to time in documents on file with the SEC. When used in this release, the words “believes,” “estimates,” “plans,” “expects,” “should,” “will,” “may,” “might,” “anticipates” or similar expressions as they relate to the company, or its management, are intended to identify forward-looking statements. The company, from time to time, becomes aware of rumors concerning the company or its business. As a matter of policy, the company does not comment on rumors. Investors are cautioned that in this age of instant co

Variflex to Combine with Bravo Sports in Cash Merger

August 27, 2004

MOORPARK, California and CYPRESS, California August 27, 2004 Variflex, Inc. (Nasdaq: VFLX), a leading provider of recreational consumer products, and Bravo Sports, a privately held leading global manufacturer and marketer of branded and OEM hard goods, components and accessories for the skateboard and in-line skating markets, today announced they have entered into a definitive merger agreement under which Bravo Sports will acquire Variflex in an all-cash transaction valued at approximately $38 million. Under the agreement, each share of Variflex common stock will be exchanged for $7.60.

Upon completion of the transaction, Variflex will become a wholly owned subsidiary of Bravo Sports.

The acquisition, which has been approved by the Boards of both companies, is expected to close before December 2004. The closing of the acquisition is subject to various conditions, including the completion of financing arrangements by Bravo Sports. Variflexs two largest shareholders, the Losi family and REMY Capital Partners IV, L.P., who collectively own more than two-thirds of the outstanding shares of Variflex, have consented to the transaction, subject to certain conditions. Accordingly, Variflex will not hold a stockholders meeting to seek approval of the transaction. Variflex will file an information statement with the Securities and Exchange Commission and distribute such information statement to stockholders.

Barrington Associates served as financial advisor to Variflex.

About Variflex

Variflex, Inc. designs and develops specialty consumer products that are manufactured to the Companys detailed specifications by independent contractors, and are then distributed in the U.S. and worldwide through the Companys established retail distribution network. Variflex benefits from sales of its core sporting goods products through licensing agreements carrying the World Industries®, Shrek II®, Rocket Power®, Sponge Bob Square Pants®, Jimmy Neutron® Fairly Odd Parents® and Batman® brand names. Current products include in-line skates, skateboards, recreational protective equipment (such as wrist guards, elbow pads and kneepads used by skaters and skateboarders), helmets, bodyboards, instant canopies, trampolines and bike accessories.

About Bravo Sports

Bravo Sports is a leading global manufacturer and marketer of branded and OEM hard goods, components and accessories for the skateboard and inline skating markets. Major products include wheels, bearings, skateboards, protective gear and related soft goods sold under leading category brand names such as Hyper®, Kryptonics®, BSB®, Formula One®, True®, Bullzeye®, Senate®, and Kuzak®. Bravos products enjoy market leadership positions and are distributed through an exclusive network of sales representatives and distributors. Additionally, Bravo Sports is a leading global OEM manufacturer of branded and unbranded in-line and skateboard wheels.

This press release is for information purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including statements about Bravo Sports anticipated acquisition of Variflex. These statements are based on management’s current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements. Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information, including

Garden Fresh Completes $16.35 Per Share Merger

March 10, 2004

LOS ANGELES, CA, March 10, 2004 Centre Partners Management LLC and certain of its affiliated entities today completed the acquisition of Garden Fresh Restaurant Corp. (formerly NASDAQ:LTUS). Centre Partners is a leading middle market private equity firm, with offices in New York and Los Angeles. The friendly, going-private transaction brings to a successful conclusion the sale process initially announced by Garden Fresh on October 1, 2003. The investment represents a partnership between Centre Partners, Fairmont Capital, Inc., and Garden Freshs management team, which acquired a portion of the restaurant companys equity in connection with the transaction.

Garden Fresh is a leading national soup, salad, and pasta buffet restaurant chain with 97 locations in 15 states and over $220 million of annual revenues. Operating under the names Souplantation® and Sweet Tomatoes®, Garden Fresh offers a broad variety of fresh food alternatives in an all-you-care-to-eat format. Garden Fresh has a strong history of stable financial performance, with same store sales growth in eight consecutive fiscal years and 33 of 35 consecutive fiscal quarters. The company has also demonstrated consistent levels of profitability.

Garden Fresh becomes Centre Partners seventh current investment in a Southern California-based company and follows the firms 2003 acquisition of San Diego-based Bumble Bee Seafoods, which was also completed in partnership with management.

Centre Partners Managing Director Robert Bergmann said, We are very pleased to partner with Garden Freshs management team to complete this acquisition. Garden Fresh is the best-in-class player in an attractive niche in the restaurant industry and has an extremely loyal customer base throughout its core markets. This transaction is consistent with Centre Partners strategy to acquire leading middle market companies with proven management teams supported by strong brands and operations.

Garden Fresh CEO Michael Mack added, Going private is a strategy to fulfill our vision, and we are very pleased to be doing so with Centre Partners. We believe this is a very exciting development for our management, our employees, and our business. We look forward to a strong and successful partnership with Centre.

Headquartered in New York, Centre Partners established an office in Los Angeles in 2000 to extend its focus on this region. Bergmann commented, We believe that our local presence enables us to identify new acquisitions and better serve our existing portfolio of companies in Southern California. We remain committed to investing in leading businesses in this region.

Garden Fresh represents the first investment within the firms newly raised fund, Centre Partners IV.

With respect to the transaction, Fleet National Bank underwrote a senior credit facility, affiliates of CNL Restaurant Capital provided sale-leaseback financing, and Northwestern Mutual provided mezzanine financing for Garden Fresh.

About Centre Partners

Centre Partners, founded in 1986, with offices in New York City and Los Angeles, is a private equity firm with a middle market focus that seeks to make investments in friendly acquisitions alongside management teams who have or desire a meaningful economic stake in the future success of their business. Centre Partners and its affiliates have invested over $3 billion of equity capital in more than 80 private equity transactions.

Bumble Bee Seafoods to Combine with Connors Bros. Income Fund U.S.$385 Million Transaction Creates North Americas Largest Branded Seafood Company

February 11, 2004

SAN DIEGO, CA, February 11, 2004 Bumble Bee Holdings, L.P. announced today that it has entered into a transaction agreement to combine with Connors Bros. Income Fund (TSX: CBF.UN). The transaction will create the largest branded seafood company in North America, with pro forma revenues of over CAD$900 million for the 12 month period ending September 30, 2003. The transaction was unanimously approved by the Board of Managers of Bumble Bee and the Trustees of Connors.

San Diego-headquartered Bumble Bee is a leading branded canned seafood company, offering a full line of canned tuna, salmon, and specialty seafood products marketed under consumer household brands Bumble Bee, Clover Leaf, and Orleans. The only remaining producer of canned tuna in the continental United States, Bumble Bee’s canning operations are located in Santa Fe Springs, California and the U.S. territory of Puerto Rico.

Headquartered in New Brunswick, Canada, Connors is the largest producer of canned sardines in the world. Connors’ Brunswick and Beach Cliff brands are the two leading sardine brands in North America. Bumble Bee and Connors have both been leaders in the North American seafood market for over 100 years.

Bumble Bee President and Chief Executive Officer Christopher D. Lischewski will be Chief Executive Officer of the new entity, and the CEO of Connors, Edward McLean, will become Executive Vice President, Sardine Operations and Procurement. Operating headquarters will be maintained in San Diego and Canada.

According to Lischewski, the transaction creates a diversified North American seafood powerhouse made up of industry-leading brands with number one or two share positions in virtually every canned seafood category.

He said: The combination of our respective brands, low-cost operations, and strong management teams should position the company for strong future growth. This will be achieved through continuous operating improvements, product innovation, geographic expansion, and accretive acquisitions.

Lischewski added that the move is consistent with the strategy outlined in May 2003 when senior management acquired Bumble Bee in partnership with affiliates of Centre Partners Management LLC from ConAgra Foods, Inc. By combining our business with Connors Bros., we are taking a significant first step at the aggressive top and bottom line growth we had envisioned when we acquired Bumble Bee last year. We are very excited with this important development in the history of our business.

He said the transaction, scheduled to close at the end of March 2004, would see the eventual merger of nearly all Bumble Bee and Connors Bros. operations and could present expansion opportunities for the San Diego headquarters. We remain committed to this region and will maintain a strong presence in San Diego, he said.

The Trustees of Connors will call a unitholder vote for March 19, 2004 to approve the proposed transaction.

Bumble Bee Holdings, L.P., headquartered in San Diego, is a leading branded canned seafood company, offering a full line of canned seafood products. Bumble Bee’s brands have established significant consumer awareness and loyalty based on the superior quality of its seafood products. For more information on Bumble Bee, visit www.bumblebee.com.

Forward Looking Statements

The statements contained in this news release that are forward-looking are based on current expectations and are subject to a number of uncertainties and risks, and actual results may differ materially. These uncertainties and risks include, but are not limited to: availability of resource, competitive pressures and changes in market activity, risks associated with U.S. and international sales and foreign exchange, and regulatory requirements.

Centre Partners Management LLC Announces Acquisition of Assets and Operations of ESS Holdings Corporation, Emco Sales & Service, Inc., and Action Wholesale Service, Inc.

October 16, 2003

NEW YORK, NY, October 16, 2003 Private investment firm Centre Partners Management LLC and its affiliates (Centre Partners) today announced the acquisition of the assets and operations of ESS Holdings Corporation and its subsidiaries, EMCO Sales & Service Inc., and Action Wholesale Service, Inc. The acquisition was completed under a newly formed entity, ActionEmco Holdings LLC (ActionEmco), and headed by Centre Partners in collaboration with a management group led by office products industry veteran, Robert Scribner.

ActionEmco is the third largest wholesale distributor of office supplies and furniture in the United States. The company will operate under the names EMCO Distribution LLC and Action Distribution LLC, serving the Northeast and Midwest regions of the United States, respectively.

Under the terms of the purchase, Centre Partners and the management group formed ActionEmco Acquisition LLC and acquired, through the new company, the majority of the assets and ongoing trade liabilities of the regional wholesale distributor.

KeyBank National Association provided the company with a credit facility to assist in financing the acquisition and provide for ongoing working capital support. The transaction was completed on September 19, 2003. Additional terms were not disclosed.

Mr. Scribner has been appointed chief executive officer of the company. A seasoned executive in the office products sector with over 21 years of experience in wholesale distribution, as well as product marketing and manufacturing, his prior roles include president and chief operating officer of SP Richards Company, president and CEO of Esselte Office Products, and vice president and general manager of Hunt Corporation.

According to Centre Partners Managing Partner Bruce Pollack, the new ownership believes that there are significant opportunities to unlock and improve value in both the Action and Emco businesses. We are fortunate to be able to partner with a terrific management team at ActionEmco who have significant experience and a clear vision to develop this company into a solid long term investment opportunity in the office products distribution business, Pollack said.

Mr. Scribner added, ActionEmco has enormous forward opportunities in the geographic and product markets it serves. The company has a sharp focus on its customers and this will be further enhanced as the business grows under the new ownership. The Advantage Marketing Wholesalers Group, the national marketing group of the four largest regional wholesale distributors, will also benefit by the financial strengthening of a key member.

ActionEmco distributes a wide assortment of business products, including office supplies, office furniture, computer supplies, break room, janitorial supplies and Directors Select private label brand to office dealers in the Northeast and Midwest regions of the United States. The company also provides value-added marketing and logistics services to its customers. ActionEmco is a founding member of Advantage Marketing Wholesalers, a national marketing group of the four largest regional wholesale distributors.

Centre Partners, with offices in New York City and Los Angeles, is a private equity investment firm focused exclusively on supporting strong middle market companies. Founded in 1986, Centre Partners and it affiliates have invested over $3 billion of equity capital in more than 80 private equity transactions.

Bumble Bee Seafoods, LLC Announces Acquisition of Assets and Brands of Bumble Bee Seafoods, Inc. from ConAgra Foods, Inc.

May 19, 2003

SAN DIEGO, CA, May 19, 2003 Bumble Bee Seafoods, LLC and affiliates today announced the acquisition of the assets and operations of Bumble Bee Seafoods, Inc. (“Bumble Bee”) from affiliates of ConAgra Foods, Inc. (“ConAgra”). The acquisition, which was led by private investment firm Centre Partners Management LLC and its affiliates (“Centre Partners”) in partnership with members of Bumble Bee’s senior management team, includes all key assets of Bumble Bee including the Bumble Bee®, Orleans®, Clover Leaf®, and Paramount® brands.

With over $500 million in annual revenues, Bumble Bee is the number one producer and marketer of canned albacore tuna, canned salmon, and specialty canned seafood products in the U.S. under the Bumble Bee® brand. The company has the number two position in the overall tuna segment in the U.S. and is the canned seafood leader in Canada under the Clover Leaf® brand.

“The decision by ConAgra to sell Bumble Bee is consistent with its strategy to shift the mix of its brands and businesses over time,” said Christopher D. Lischewski, president and chief executive officer of Bumble Bee. “Under its new ownership, Bumble Bee will continue to pursue the expansion of its strong position in the global seafood market by capitalizing on its low cost operations, procurement strength, and well-recognized household brand names. Led by a strong management team and supported by a dedicated work force of approximately 3,000 people worldwide, Bumble Bee is a clear leader in the North American seafood industry. Our core products are a staple in virtually every North American household.”

With respect to the transaction, Lischewski said, “Centre Partners and Bumble Bee’s management team have partnered to complete this acquisition in support of management’s goal to strengthen Bumble Bee’s position as the leading branded seafood company in North America.”

Bumble Bee Seafoods, LLC, headquartered in San Diego, is the leading full-line branded canned seafood company in North America. Bumble Bee’s brands have established significant consumer awareness and loyalty based on the superior quality of its seafood products. For more information on Bumble Bee, please visit www.bumblebee.com.

Centre Partners, founded in 1986, with offices in New York City and Los Angeles, is a private equity firm with a middle market focus that seeks to make friendly acquisitions and equity-related investments alongside management teams who have or desire a meaningful economic stake in the future success of their business. Centre Partners and it affiliates have invested over $3 billion of equity capital in more than 80 private equity transactions.

Centre Partners Announces Investment in Monte Nido Holdings

December 21, 2012

Leading Private Equity Firm Partners with Management to Invest in Premier Provider of Treatment for Eating Disorders

New York, NY (December 21, 2012) – Centre Partners, a leading middle market private equity firm  announced that it has made an investment in Monte Nido Holdings, LLC (“Monte Nido” or the “Company”) in partnership with the Company’s management team and founders.

Monte Nido, based in Malibu, California, is a preeminent provider of treatment for eating disorders and exercise addiction to adults and adolescents. Founded in 1996, the Company operates seven facilities in California and Oregon, which collectively offer a full spectrum of treatment alternatives from residential care to day treatment programs in both markets.

Monte Nido is the premier brand in the eating disorder treatment industry with wide recognition from referring professionals, families, and patients for its focus on clinical outcomes. Founder and Executive Director Carolyn Costin is universally known as a leading practitioner, author and advocate in the eating disorder treatment industry, and with her husband, Bruce Martin, who serves as CEO, has built Monte Nido into a nationally renowned treatment provider.

“We are excited to partner with Carolyn Costin and Bruce Martin to build on Monte Nido’s strong reputation for clinical excellence and market leadership in the eating disorder treatment industry,” stated Jeff Bartoli, Managing Director of Centre Partners.

“We’re extremely pleased to have partnered with Centre,” stated Bruce Martin.  “They understand the importance of the care that we provide and are committed to helping us maintain our clinical focus as we grow the business together.”

“Monte Nido’s treatment programs produce industry-leading outcomes for this important population, but access to them has historically been limited by the Company’s capacity. We look forward to supporting the management team in expanding the facility base to allow more people to benefit from this level of care,” said Nishad Chande, Senior Director of Centre Partners.

About Centre Partners

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire to make a meaningful economic stake in the future success of their businesses. Centre Partners has invested over $2 billion in more than 70 transactions, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. The firm is currently investing through its fifth fund. Additional information is available at www.centrepartners.com.

About Monte Nido Holdings, LLC

Monte Nido, based in Malibu, California, is a leading provider of treatment for eating disorders and exercise addiction to adults and adolescents. Founded in 1996, the Company operates seven facilities in Southern California and Oregon, which collectively offer a full spectrum of treatment alternatives from residential care to day treatment programs in both markets. Additional information is available at www.montenido.com.

Tradition Aviation Joins the Ross Aviation Family of FBOs

March 15, 2013

DENVER, COLORADO (March 15, 2013) — Ross Aviation confirmed today that it has completed the acquisition of Tradition Aviation at Jacqueline Cochran Regional Airport (KTRM) in Palm Springs (Thermal), California.

“I am particularly excited by the acquisition of this premier FBO,” noted Ross Aviation president and CEO Jeff Ross, “as I have a long history with FBOs in Palm Springs and Thermal, and I am thrilled by the opportunity of returning to this great market and once again teaming with the incomparable Penny Nelson and Ann Goodwyn.”

Mr. Ross further explained that Penny will continue to champion the operation in the capacity of general manager, while Ann leads the customer service and operations elements as director of operations. The Tradition Aviation team will retain lead concierge and customer service specialist Lynn Hay and line service veterans Albert Avila and Curt Lewis.

Mr. Ross confessed that he has had his eye on Tradition Aviation since its inception in 2006. “Penny and Ann know aviation and the Coachella Valley FBO customer base like no others, and their reputation for customer service is unrivaled.”

Tradition Aviation extends the Ross Aviation family of FBOs to15 airports in nine states stretching from Hawaii to New Jersey and from Florida to Washington State. Unlike its competitors, Ross Aviation acquires and operates locally-managed FBOs that retain their name, personnel and unique attributes, while Ross Aviation provides network benefits and capital for expansion and growth. The Ross Aviation family consists of Bradley Pacific Aviation, Scottsdale AirCenter, Miami Executive Aviation, Denver AirCenter, Ronson Aviation, Corporate Aircraft, XN Air, Santa Fe AirCenter, Laredo Aero Center and now Tradition Aviation.

Please visit www.rossaviation.com or contact us at (303) 830-7700.

Bellisio Foods Announces Acquisition of Overhill Farms

May 16, 2013

Addition of Complementary Business Strengthens an American Leader in Frozen Foods

MINNEAPOLIS, Minn., (May 16, 2013) –

  • Expands Bellisio Foods’ leadership position in frozen entree and snack markets
  • Addition of Boston Market® license expands Bellisio’s “family of brands” strategy
  • Increases Bellisio Foods’ blue chip foodservice and private label customer base

Bellisio Foods, Inc. (“Bellisio”), the country’s third-largest producer of frozen entrées, announced today that it has entered into a definitive agreement to acquire Overhill Farms, Inc. (NYSE-MKT: OFI), (“Overhill Farms”), a developer, producer and supplier of custom prepared frozen foods, including those distributed under the Boston Market® brand. In fiscal year 2012, Overhill Farms reported net revenues of $194.4 million. Completion of the transaction, which has been unanimously approved by the boards of both companies, is subject to customary conditions, including approval of Overhill Farms’ shareholders, expiration or termination of the waiting period under the Hart-Scott-Rodino Act and receipt of specified third party consents, and is expected to occur later this summer.

Overhill Farms is a value-added supplier of branded and private label frozen foods for the retail and foodservice markets. The California-based company offers a one-stop solution for new product development and precise replication of existing recipes. Its customers include Panda Restaurant Group, Inc., Jenny Craig, Inc., Safeway Inc., Target Corporation, Pinnacle Foods Group LLC, and American Airlines, Inc. among others.

Joel Conner, Bellisio’s Chairman and Chief Executive Officer, said, “I am pleased to announce this acquisition. The addition of Overhill Farms’ manufacturing capabilities and its customer and brand portfolios align perfectly with Bellisio’s growth strategies to expand our customer base, strengthen our brand portfolio, invest in high-growth platforms, and leverage our manufacturing disciplines to generate strong returns.”

The acquisition, Conner noted, reflects the strong two-year partnership between Bellisio and Overhill Farms, pursuant to which they together produce and distribute frozen meals under the Boston Market brand through an exclusive co-manufacturing and distribution agreement.

“We believe that Overhill’s brand portfolio and west coast manufacturing presence enables us to unlock meaningful synergies and better serve existing and new customers through expanded capabilities and a broader offering,” Mr. Conner said. “We look forward to working with Overhill Farms’ employees and customers as we incorporate this business into Bellisio.”

ABOUT BELLISIO FOODS

Bellisio Foods, Inc. is a fast growing company with a history of creating innovative, quality foods that delight consumers. A portfolio company of Centre Partners Management, LLC, since 2011, Bellisio employs approximately 1,300 employees and produces more than 200 frozen entrees and snacks which are sold under the Michelina’s®, Boston Market® and other brands as well as under private label. Bellisio also co-packs products for leading retailers and consumer packaged goods companies. Bellisio believes the highest quality, value meals are created by good people using only the freshest ingredients in a safe manner. Bellisio’s dedication to quality and value has made its Michelina’s brand a world leader in frozen entrees and snacks. The company’s products are sold at grocery stores throughout the United States, Canada, and other select markets worldwide. Additional information is available at www.bellisiofoods.com and www.michelinas.com.

Orion’s Gemini Energy Services Division Announces Acquisition of Operations and Maintenance Contracts

June 19, 2013

For Immediate Release

June 11, 2013 (San Diego, CA) – Gemini Energy Services announced today that it has signed multi-year operations and maintenance agreements for five projects located in the greater New England Area.

The operations and maintenance agreements and associated assets have been acquired from Lumus Construction, a Boston-based organization founded in 1998, specializing in general, mechanical and electrical contracting.  Gemini, a division of Orion ICS, LLC, will provide 24/7 remote monitoring, scheduled maintenance and troubleshooting services on these projects.

“These O&M agreements represent the next phase of growth for Gemini,” said Jimmy Haley, VP/Managing Director of Gemini.  “Our Boston office will provide critical technical expertise as more projects are put in the ground in the Northeast US and beyond. The acquisition of these contracts is consistent with our efforts to grow the recurring side of the business, and serve as an ideal complement to our existing ad-hoc services.”

Gemini Energy Services provides scheduled and unscheduled maintenance, design modifications/retrofits, construction support and large corrective services.  Gemini’s technician teams are extensively trained for wind turbine services through a multi-tiered safety training program sponsored in part by the Department of Energy. Learn more about Gemini at www.geminienergyservices.com.

 

About Orion ICS, LLC:

Orion International is the nation’s largest Military Talent firm, specializing in the creation of best-in-class programs which allow organizations to attract, hire, develop and retain high quality Military Talent. Corporate America has hired nearly 30,000 Enlisted Technicians, Non-Commissioned Officers, and Officers from Orion since 1991. In addition to its direct placement business, Orion provides Contract and Temp-to-Perm Staffing Services of Military Talent to the Energy, Oil & Gas, and Medical Industries. Additional information about Orion is available at www.orioninternational.com.

 

Media contact: Colleen Whiteside, 919-653-3720 x 116, cwhiteside@orioninternational.com

 

 

 

Bellisio Foods Announces Completion of Overhill Farms Acquisition

August 12, 2013

Addition of Complementary Business Strengthens an American Leader in Frozen Foods

MINNEAPOLIS, Aug. 12, 2013

  • Expands Bellisio Foods’ leadership position in frozen entree and snack markets
  • Addition of Boston Market® license expands Bellisio’s “family of brands” strategy
  • Increases Bellisio Foods’ blue chip foodservice and private label customer base

Bellisio Foods, Inc. (“Bellisio”), one of North America’s largest manufacturers of branded and private label frozen foods, announced today that it has completed its acquisition of Overhill Farms, Inc. (“Overhill”), a leading manufacturer of frozen entrees and protein products. As part of the acquisition, Bellisio obtains the exclusive license to manufacture the Boston Market® brand of frozen food products, for which Bellisio and Overhill have been jointly producing products for the past two years. Terms of the deal were not disclosed.

Joel Conner, Bellisio’s Chairman and Chief Executive Officer, said, “I am pleased to announce the completion of this acquisition, which the shareholders of Overhill approved by an overwhelming majority. We are excited to add the Boston Market frozen food brand to our portfolio, as the brand has grown substantially since we entered into our sales and distribution agreement with Overhill two years ago. By providing both Boston Market and Michelina’s® brands of frozen entrees, we can now offer our customers and consumers a greater variety of frozen meal solutions. And with Overhill’s list of blue chip private label and foodservice customers, this acquisition aligns perfectly with Bellisio’s growth strategies to expand our customer base, strengthen our brand portfolio, invest in high-growth platforms, and leverage our manufacturing disciplines to generate strong returns.”

Added Jim Rudis, Chief Executive Officer of Overhill Farms, “We look forward to joining forces with the Bellisio team, with whom we’ve worked closely over the last two years. This combination makes tremendous sense, and will allow us to better serve existing and new customers through expanded capabilities and a broader product offering.”

ABOUT BELLISIO FOODS
Bellisio Foods, Inc. is a fast growing company with a history of creating innovative, quality foods that delight consumers. A portfolio company of Centre Partners Management, LLC, since 2011, Bellisio employs approximately 1,300 employees and produces more than 200 frozen entrees and snacks which are sold under the Michelina’s®, Boston Market® and other brands, as well as under private label. Bellisio also co-packs products for leading retailers and consumer packaged goods companies. Bellisio believes the highest quality, best-value meals are created by good people using only the freshest ingredients in a safe manner. The company’s products are sold at grocery stores throughout the United States, Canada, and other select markets worldwide. Additional information is available at www.bellisiofoods.com, www.michelinas.com, and www.bostonmarketathome.com.

Taylor Precision Products Acquires Metrokane, Adding Rabbit and Houdini Wine Accessories to its Growing Brand Portfolio

November 13, 2013

OAK BROOK, IL (November 12, 2013)—Taylor Precision Products, Inc., a pioneer in consumer and professional measurement devices and the leading brand of bath and kitchen scales in the US, announced today the acquisition of Metrokane, Inc., the leading North American marketer of wine accessories and barware, sold primarily under the Rabbit® and Houdini™ brand names.

Metrokane is the company’s second acquisition since their June 2012 buy-out of Taylor by Centre Partners, a New York private equity firm, in conjunction with Rob Kay, who became Executive Chairman. Since Mr. Kay joined Taylor, the company has broadened its product offerings through new product development and strategic acquisitions. The acquisition of Metrokane and a niche bath and kitchen scale brand have now increased Taylor’s revenues by over 50%. Kay commented, “We are extremely excited to be adding the world class brands and products of Metrokane, who created the wine accessory category over the past 15 years. This combination will further enhance Taylor’s capability to offer the most meaningful brands and products to our retail trade partners and builds a strong cornerstone addition to our growing portfolio.”

Taylor will retain the sales, marketing and product design capabilities that have been the hallmark of Metrokane’s success. Said Mr. Kay, “The founders, Riki Kane and Bob Larimer, will remain with the company for a long transition period. We respect what Riki Kane and her team have accomplished and will continue to support their brands, products and innovations in product design and packaging.”

Affirmed Riki Kane, “Rob’s vision for growth makes it clear that Taylor is the right partner for Metrokane, with the resources to take our business to the next level.” Kane founded Metrokane in New York in 1983, starting with a manual citrus juicer she discovered in Mexico. In 2000 the company introduced the Rabbit Corkscrew, the first of more than a hundred wine accessory and barware products that created and now lead the category.

ABOUT TAYLOR
Taylor, based in Oak Brook, Illinois, is the leading North American marketer of consumer and foodservice precision measurement products–including kitchen scales, thermometers, timers, bath scales and outdoor weather measurement products. The company’s owned and licensed brand names include Taylor®, Homedics® and Salter®. With a heritage dating back over 160 years, Taylor serves customers ranging from high-end specialty stores to mass merchandisers, hardware stores, club stores and grocery retailers. Its market leadership is maintained by providing high-quality, attractive products at a competitive consumer prices, plus outstanding retail customer service and support. For more information on Taylor, go to www.TaylorUSA.com.

ABOUT METROKANE
Founded by Riki Kane in 1983, Metrokane, Inc. has become the leading North American marketer of wine accessories and barware—including corkscrews, decanters, aerators, wine preservers, cocktail shakers, citrus juicers and bar tools. Metrokane products have wide distribution. They are sold, primarily under the nationally advertised Rabbit® and Houdini™ brand names, by department stores, big box retailers, discount chains, wine & liquor stores and online merchants. Retailers and consumers look to Metrokane for innovative products and the company continues to deliver year after year—starting with the Original Rabbit corkscrew and more recently with Rabbit Chilling Carafe, Rabbit Electric Cocktail Mixer and Rabbit Electric Wine Preserver. For more information on Metrokane, go to www.metrokane.com.

ABOUT CENTRE PARTNERS
Centre Partners, founded in 1986, is a leading middle-market private equity firm that specializes in making control investments in North American based businesses primarily in the consumer, healthcare and business services industries. Centre Partners seeks to partner with experienced management teams who are passionate about their businesses and have meaningful economic stakes in the future of their companies. Centre Partners has invested over $3 billion in more than 90 transactions and is currently investing through its fifth fund. Additional information is available at www.centrepartners.com.

Ross Aviation Acquires Chester County Aviation

October 22, 2013

DENVER, COLORADO — October 22, 2013 — Ross Aviation confirmed today that it has acquired the assets and current FBO operations of Chester County Aviation at Chester County G O Carlson Airport in Coatesville, Pennsylvania (KMQS). Consistent with Ross Aviation’s belief that airports and FBO customers are best-served by local businesses — with local management, a local perspective and local market knowledge — the FBO will continue to operate as Chester County Aviation and Bruce Sagnor has been retained as general manager.

“We are thrilled to now serve Coatesville, Chester County and West Philadelphia. We view this FBO as a strong growth opportunity due to airport and highway congestion, ground and air delays, and the higher costs associated with operating at Philadelphia International Airport,” says Ross Aviation president and CEO Jeff Ross. “This is also a strategic addition to the Ross Aviation Family of FBOs and complements our growth in the Northeast, which already includes Trenton, New Jersey and we are planning for more locations in the near future,” adds Ross.

Chester County Aviation extends the Ross Aviation Family of FBOs to17 airports in ten states stretching from Hawaii to New Jersey and from Florida to Washington State. Ross Aviation acquires and operates locally-managed FBOs that retain their name, personnel and unique attributes. Ross Aviation provides network benefits and capital for growth. The Ross Aviation Family consists of Bradley Pacific Aviation (six locations in Hawaii), Scottsdale AirCenter (KSDL), Miami Executive Aviation (KOPF), Denver AirCenter (KBJC), Ronson Aviation (KTTN), Corporate Aircraft (KFAT), XN Air (KGEG), Santa Fe AirCenter (KSAF), Laredo Aero Center (KLRD), Tradition Aviation (KTRM), and Williston Jet Center (KISN), which is a recent joint venture with Fargo Jet Center and Overland Aviation.

Please visit www.rossaviation.com or contact us at (303) 830-7700.

Contacts:

Jeff Ross
President and CEO
(303) 830-7700
jross@rossaviation.com

Greg Ross
Chief Operating Officer
(303) 953-3301
gross@rossaviation.com

Employee Benefits Consultants, Inc. Joins U.S. Employee Benefits Services Group

September 03, 2013

ISELIN, NJ, (September 3, 2013) – U.S. Retirement Partners (USRP) announces the acquisition of its 25th Partner Firm, Employee Benefits Consultants, Inc. (EBCI) of Tallahassee, Florida. EBCI is the 7th firm to join its U.S. Employee Benefits Services Group (USEBSG) division. EBCI will be an integral part of the USRP/USEBSG national network of employee benefits and retirement plan specialists serving the K-12 public school district market.

Managed by President and CEO Brad Hoard, EBCI currently offers a full range of employee benefits solutions to educational, governmental, and private employers in Florida. Services include employee benefits consulting, employee education, and enrollment services.

“We’re excited about joining the U.S. Employee Benefits Services Group team. Our plan is to immediately offer their web-based benefits enrollment and administration system, InRoll, to our existing employer groups and to new clients, as well. We believe their expertise and technology will help us expand throughout the entire state of Florida,” said Brad Hoard.

“EBCI has a solid presence in Florida and is recognized as a leader in employee benefits design and implementation. We’re eager to utilize their benefits expertise to expand our services to all Florida school districts,” said Mark M. Skinner, President and CEO of USRP.

Ross Aviation Lands in Midland, Texas

November 26, 2013

Acquires Avion Flight Centre

DENVER, COLORADO – November 26, 2013 — Ross Aviation confirmed that it has acquired the assets and fixed base operation known as Avion Flight Centre at Midland International Airport in Midland, Texas (KMAF). This is Ross Aviation’s fifth acquisition of 2013 and brings the Ross Aviation family of FBOs to 18 airports in ten states stretching from Hawaii to New Jersey and from Florida to Washington State.

AVION is situated on 39 acres and offers 390,000 square feet of hangar; 45,000 square feet of office; and a 6,000 square foot FBO terminal. AVION’s fuel, line and hangar/office rental services will be supported by Deer Horn Aviation, which will continue to provide charter, aircraft maintenance, propeller repair and aircraft paint and interior services at MAF.

“MAF is the aviation hub of the oil patch in West Texas, serving the cities of Midland and Odessa. The area is booming due to the resurgence of drilling and production in the Permian Basin, which is one of the largest proven oil and natural gas reserves in the United States,” said Craig Colby, AVION’s new general manager. Ross Aviation’s president and CEO, Jeff Ross, added, “This is a great addition to the Ross Aviation portfolio, which expands our presence in Texas and compliments our recent energy sector investment in Williston, North Dakota. We continue to pursue strategic opportunities and expect to make additional announcements in the near future.”

Ross Aviation acquires and operates locally-managed FBOs that retain their name, personnel and unique attributes. The Ross Aviation Family consists of Bradley Pacific Aviation (six locations in Hawaii), Scottsdale AirCenter (KSDL), Miami Executive Aviation (KOPF), Denver AirCenter (KBJC), Ronson Aviation (KTTN), Corporate Aircraft (KFAT), XN Air (KGEG), Santa Fe AirCenter (KSAF), Laredo Aero Center (KLRD), Tradition Aviation (KTRM), Williston Jet Center (KISN) and Chester County Aviation (KMQS).

Centre Partners Acquires Captain D’s, Premier Fast Casual Seafood Chain

December 02, 2013

NEW YORK, NY (December 2, 2013) – Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, announced today that it has completed the acquisition of Captain D’s Holding Corp. (“Captain D’s” or “the Company”). Captain D’s senior management team will own a significant stake in the business and continue to serve in their current roles.

Captain D’s, based in Nashville, Tennessee, operates a leading national chain of 521 seafood-themed fast-casual restaurants in 26 states. Through its 40-year history, Captain D’s has been focused on providing high-quality, freshly prepared seafood at a value price point and in recent years the Company has exhibited tremendous growth under the stewardship of its CEO, Phil Greifeld, and a new executive team.

Bruce Pollack, Managing Partner of Centre Partners, stated “We’re excited to invest in Captain D’s and to partner with Phil Greifeld and his executive team. Captain D’s differentiated menu of high quality seafood products at a value price point clearly distinguishes it from its competitors and the business is managed exceptionally well. We look forward to supporting Phil and the team, who have laid the foundation for very attractive growth in the coming years.”

Mr. Greifeld commented, “We are excited to have Centre as our partner as we embark upon a path of accelerated growth. We have succeeded in driving same store growth for the last 28 periods, while improving our customer experience. Our customers have responded positively to recent improvements in Captain D’s menu and we’re even more excited by new initiatives that are just now being introduced.

About Centre Partners
Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire a meaningful economic stake in the future success of their businesses. Centre Partners has invested over $3 billion in more than 90 transactions, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. Additional information is available at www.centrepartners.com.

About Captain D’s
Headquartered in Nashville, Tennessee, Captain D’s owns, operates and franchises 521 restaurants in 26 states and military bases around the world. Captain D’s offers its customers great seafood at reasonable prices in a relaxed environment. The brand’s restaurants serve a widely varied seafood menu that includes freshly prepared entrees, and the Company’s signature hand-battered fish which is prepared to order to ensure freshness. The restaurants also offer premium-quality grilled fish, as well as shrimp, chicken, shrimp & beef kabobs, hushpuppies, desserts and freshly brewed, southern style sweet tea, a Captain D’s favorite. For more on Captain D’s, see www.captainds.com.

Ross Aviation Acquires FBO in Baton Rouge, Louisiana

December 06, 2013

DENVER, COLORADO –December 6, 2013 — Ross Aviation confirmed that it has acquired the assets and fixed base operation known as Louisiana Aircraft at Baton Rouge Metropolitan Airport in Baton Rouge, Louisiana (KBTR). Consistent with Ross Aviation’s belief that airports and FBO customers are best-served by local businesses — with local management, a local perspective and local market knowledge — the FBO will continue to operate as Louisiana Aircraft and Landon Petty will continue to serve as its general manager.

Louisiana Aircraft is located on 17 acres, offers 113,500 square feet of hangar space, and has provided exceptional aviation services to the Baton Rouge Metropolitan Airport for over 75 years. “We view this FBO as a strong growth opportunity due to the petrochemical, medical and research industries, as well as being the home of the Louisiana State University Tigers. We are pleased to add this FBO to our family and are continuing to pursue additional opportunities,” said Ross Aviation’s president and CEO, Jeff Ross. This is Ross Aviation’s sixth acquisition of 2013 and brings the Ross Aviation family of FBOs to 19 airports in eleven states stretching from Hawaii to New Jersey and from Florida to Washington State.

Ross Aviation acquires and operates FBOs that in most instances retain their name, personnel and unique local attributes. The Ross Aviation family consists of Bradley Pacific Aviation (six locations in Hawaii), Scottsdale AirCenter (KSDL), Miami Executive Aviation (KOPF), Denver AirCenter (KBJC), Ronson Aviation (KTTN), Corporate Aircraft (KFAT), XN Air (KGEG), Santa Fe AirCenter (KSAF), Laredo Aero Center (KLRD), Tradition Aviation (KTRM), Williston Jet Center (KISN), Chester County Aviation (KMQS) and Avion Flight Centre (KMAF).

Monte Nido & Affiliates Announces a Partnership with Oliver-Pyatt Centers

December 20, 2013

MALIBU, CA (December 20, 2013) – Monte Nido Holdings, LLC (“Monte Nido”) is pleased to announce a partnership with Oliver-Pyatt Centers, LLC (“Oliver-Pyatt”) – a leading provider of residential, transitional, and outpatient treatment for eating disorders with four facilities in the Miami area. This transformational acquisition creates the largest and most clinically experienced pure play eating disorder treatment provider in the sector and broadens Monte Nido’s geographic reach into the Southeast. Oliver-Pyatt Centers was founded by Dr. Wendy Oliver-Pyatt and Vicki Kroviak, both of whom will continue to lead the organization as they continue to expand the Oliver-Pyatt footprint.

“This partnership will enhance our ability to attract, develop, and retain the best and brightest clinical talent; enable us to work together to build on Monte Nido’s seminal research and break new ground in our field,” said Wendy Oliver-Pyatt. “Likewise, it will provide the benefits of improved payor-provider dynamics — all while maintaining our unique identity and continuing as a separate treatment program.”

“I have known Wendy for over a decade and have collaborated with her in the eating disorder field in various capacities,” stated Monte Nido Founder Carolyn Costin. “Our new partnership brings together a unique combination of recovered, professional women who have created successful highly sought out programs. Each program will maintain its own unique identity while collaborating in mutual areas of interest and importance.”

Monte Nido, based in Malibu, California, is a leading provider of treatment for eating disorders and exercise addiction to adults and adolescents. Founded in 1996, the Company operates thirteen facilities in California, Oregon, Massachusetts, New York, and Florida which collectively offer a full spectrum of treatment alternatives from residential care to day treatment programs. Additional information is available at www.montenido.com.

Denmat Acquires Dental Assets of Zila, Inc.

February 20, 2014

Zila’s Dental Assets Will Be Transferred to DenMat with Operations Moving to DenMat’s Central Coast California Headquarters by April 2014

Lompoc, CA (February 20, 2014) – DenMat, a leading manufacturer and direct distributor of innovative esthetic dentistry and advanced oral health solutions, announced today that it has acquired substantially all dental assets of Fort Collins, CO based Zila, Inc. Zila manufactures and markets a portfolio of proprietary oral hygiene products dedicated to the detection, prevention and treatment of periodontal disease, and the management of oral health.

Building upon a broad range of dental equipment, materials, and esthetic lab services, DenMat will integrate Zila’s soft tissue and oral hygiene-focused products into its expanding portfolio. These products, which include Rotadent® professional power toothbrush, Atridox® locally applied antibiotic for treatment of periodontitis, ProDenRx soft-tissue management essentials, and NV® cordless soft-tissue diode laser, will enable DenMat to offer to dental professionals a one-stop-shop for preventative soft-tissue management and enhanced oral hygiene.

“This acquisition is a major milestone for us,” said Steve Semmelmayer, CEO of DenMat. “DenMat is not only acquiring a trusted line of oral hygiene products but is also expanding its North American sales and customer care team to support this significant product line growth and entry into the oral hygiene market. Zila’s products are a perfect fit with DenMat’s current suite of oral health and esthetic products.”

Building on its goal to offer dental professionals a broad range of high-quality choices, DenMat’s addition of Zila’s products follows DenMat’s recent acquisitions of restoratives and impression products from Royal Philips Electronics, including Splash® and Precision® impression materials, Vanilla Bite™ registration material, Perfectemp® crown and bridge material, and Flashlite™ curing lights. Similarly, DenMat recently acquired PeriOptix, Inc., a California-based company known for high-quality magnification and illumination technologies for dental and medical professionals.

David Speights, CEO of Zila, Inc. stated “We are thrilled to know that the legacy of Zila’s products will continue on with such a strong and well-respected global dental organization in DenMat.”

Certain Zila operations including sales, marketing, R&D, and manufacturing are expected to move to DenMat’s facility in Lompoc, California by April 2014. DenMat has secured additional operations space near its 100,000 square foot Lompoc world headquarters.

About DenMat Holdings, LLC
Since 1974, DenMat has been a leader in high-quality dental products for dental professionals in more than 60 countries around the world. DenMat makes and assembles most of its products at its World Headquarters on the Central Coast of California. DenMat offers three main product categories: Consumables, Small Equipment, and a full-service Dental Laboratory. DenMat’s consumables include the brands known and trusted: Geristore®, Core Paste®, Tenure®, Ultra-Bond®, Infinity®, Splash®, Precision®, Perfectemp®, and LumiBrite®. DenMat’s small equipment includes a broad suite of products, including our new SOL™ soft-tissue diode laser, PeriOptix™ magnification loupes and lights, Flashlite™ (Magna and 1401) curing lights, and Velscope® Vx—the world’s top choice for oral lesion screening. DenMat is the home of the world’s #1 patient-requested thin veneer, Lumineers®. Now better than ever and backed by Thinnovation®: DenMat’s fresh multi-disciplinary approach to anterior esthetics using the latest generation of Lumineers. DenMat now crafts Lumineers by using advanced digital scanning, proprietary design software, 3-D printing—all hand-finished by skilled lab artisans in California. DenMat also features the ultimate provisional appliances, Snap-On Smile® and Snap-It® partial arch. For more information, visit www.denmat.com or call 1-800-4DENMAT (1-800-433-6628).

About Zila, Inc
Based in Fort Collins, CO, and with manufacturing facilities in Batesville, AR, and Fort Collins, CO, Zila is a fully-integrated, oral hygiene company dedicated to the identification and marking of abnormal oral lesions suspicious for pathology, the detection, prevention and treatment of periodontal disease, and the management of oral health. Zila designs, manufactures and markets a portfolio of proprietary products sold exclusively and directly to dental professionals. All Zila products are proudly made in the U.S.A. For more information about Zila, visit www.zila.com.

Denmat Acquires Assets of G. Hartzell & Son, World Leader in Hand Instruments

March 25, 2014

Lompoc, California, March 25, 2014 – DenMat, a leading manufacturer and distributor of innovative esthetic dentistry and advanced oral health solutions, announced today that it has acquired substantially all assets of G. Hartzell & Son Inc. (“Hartzell”). Founded in 1935, and family-run for 79 years, Hartzell manufactures high-quality precision dental and surgical instruments in Concord, California in the East Bay area of San Francisco.

Hartzell’s industry-leading precision instruments are the instruments of choice of discerning clinicians and hygienists for periodontal and dental hygiene, restorative dentistry, surgery, orthodontics, implantology, endodontics, and diagnostics.

“DenMat is honored and excited to acquire Hartzell,” said Steve Semmelmayer, CEO of DenMat. “We are delighted that the Hartzell family has entrusted us with the time-honored legacy of the Hartzell brand. Hartzell instruments are the world’s gold standard for dental and surgical instruments because of their extraordinary quality, consistency and craftsmanship. DenMat now has broadened its range of superior products for hygiene, as well as instrumentation for restorative, periodontal, endodontic and surgical procedures,” added Semmelmayer.

Building on its goal to offer dental professionals a wide range of high-quality choices, DenMat’s addition of Hartzell instruments follows DenMat’s acquisition of a comprehensive line of oral hygiene and soft tissue management solutions from Zila, Inc. Also, in the past two years, DenMat acquired restoratives and impression product lines from Royal Philips Electronics and acquired PeriOptix, Inc., a California-based company known for high-quality magnification and illumination technologies for dental and medical professionals.

Andy Hartzell, President of G. Hartzell & Son, stated “We are excited and flattered about the acquisition of Hartzell by DenMat. We look forward to continuing our 79-year tradition of producing top-quality instruments, and with the addition of DenMat’s sophisticated sales and marketing abilities, we will be able to better serve our customers on a more local, timely, and efficient basis.”

DenMat plans to keep most Hartzell operations in the Concord facility for the foreseeable future, with only select functions transferring to DenMat’s new 100,000 square foot world headquarters on the Central Coast of California in Lompoc.

About DenMat: Since 1974, DenMat has been a leader in high-quality dental products for dental professionals in more than 60 countries around the world. DenMat makes and assembles most of its products at its world headquarters on the Central Coast of California. DenMat offers three main product categories: Consumables, Small Equipment, and a full-service Dental Laboratory. DenMat’s consumables include the brands known and trusted: Geristore®, Core Paste®, Tenure®, Ultra-Bond®, Infinity®, Splash®, Precision®, Perfectemp®, Atridox® and LumiBrite®. DenMat’s small equipment includes a broad suite of products, including NV™, SL3™, and SOL™ soft-tissue diode lasers, Rotadent® power toothbrush, PeriOptix™ magnification loupes and lights, Flashlite™ (Magna and 1401) curing lights, and Velscope® Vx—the world’s top choice for oral lesion screening. DenMat is the home of the world’s #1 patient-requested thin veneer, Lumineers®. Now better than ever and backed by Thinnovation®: DenMat’s fresh multi-disciplinary approach to anterior esthetics using the latest generation of Lumineers. DenMat now crafts Lumineers by using advanced digital scanning, proprietary design software, 3-D printing—all hand-finished by skilled lab artisans in California. DenMat also features Snap-On Smile®, the ultimate provisional appliance. For more information, visit www.denmat.com or call 1-800-4DENMAT (1-800-433-6628).

About G. Hartzell & Son: G. Hartzell & Son (“Hartzell”) is a family-owned manufacturer of dental and surgical instruments, founded by George F. and George O. Hartzell in 1935. Unlike most instrument companies, Hartzell manufactures most of its own instruments. Approximately 85% of its instruments are manufactured in its factory located in the East Bay area of San Francisco, with the balance of production from Germany. Over the years, Hartzell has maintained the highest standards of manufacturing excellence, through its policy of controlled-growth and continuous research and development. The company developed innovations such as the lightest-weight stainless steel handles available for curettes and scalers, as well as cone socket instruments (removable tips) that provide for an extremely cost effective line of scalers, curettes, and periotomes. Hartzell uses only the highest-quality components and manufacturing methods backed by a rigorous quality control program. These methods have led to Hartzell’s recognition for superior quality by industry leaders throughout the world.

Centre Partners Completes Majority Investment in Medalist Partners

June 19, 2014

NEW YORK, NY (June 19, 2014) – Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, announced today that it has completed a majority investment in Medalist Partners, a San Diego-based company in the sporting goods sector. Concurrent with the investment, Medalist completed its acquisition of Shanghai Precision Technology (“SPT”), a leading golf club component developer and manufacturer with operations in China. SPT is anticipated to be the first of several acquisitions in the growth of Medalist Partners.

Medalist Partners was formed by Centre earlier this year alongside Centre Operating Partner Jim Stutts to assemble a portfolio of branded and co-manufactured products across multiple categories in the sporting goods sector. Stutts, who will serve as President & CEO of Medalist Partners, has spent his thirty year career in the sporting goods industry and previously held positions as CEO of Taylor Made-adidas Golf and COO of adidas America, and was responsible for driving meaningful growth at each of those businesses.

Stutts stated, “The acquisition of SPT provides the Medalist platform with both Asian sourcing and manufacturing capabilities as well as relationships with most of the top industry brands that should prove synergistic with subsequent investments in the space as we grow into a diversified golf and sporting goods business.”

“This investment marks the culmination of a two year effort to combine Jim’s talents and our resources,” said Senior Director Nishad Chande. “We are excited about the opportunity to partner with Jim and believe his operations, finance, sales, and marketing experience in the sporting goods industry will prove instrumental in building a best-in-class platform.”

About Centre Partners
Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire a meaningful economic stake in the future success of their businesses. Centre Partners has invested over $3 billion in more than 90 transactions, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. Additional information is available at www.centrepartners.com.

Stonewall Kitchen Announces Investment from Centre Partners

October 24, 2014

York, Maine, October 24, 2014 – Stonewall Kitchen, a highly acclaimed specialty food producer and retailer, today announced that Centre Partners, a leading private equity firm with a successful track record in the food and consumer products industries, has invested in the company and will partner with its management team. Founded in 1991 by Jonathan King and Jim Stott, Stonewall Kitchen has grown to become a well-known brand in specialty jams, sauces, crackers, pancake mixes and numerous other categories.

Stonewall Kitchen will continue to be managed by its existing leadership team with the addition of Centre Operating Partner John Stiker, who has been named Chief Executive Officer. Jonathan King will remain as Chief Creative Officer, Natalie King will remain in her position as Executive Vice President and Lori King has been promoted to President.

Mr. King stated, “For almost 25 years, my partner Jim Stott and I have worked hard to build an authentic brand, focused on creating the highest quality and most innovative specialty foods. As we pursue our next level of growth, we are pleased to partner with Centre Partners, which has a track record of being a great partner to management teams looking to grow their businesses in the food and beverage industry, among others. We believe that the combination of Centre Partners’ resources and experience together with the expertise of our leadership team will position Stonewall Kitchen to achieve continued success.”

David Jaffe, Managing Partner of Centre Partners, added “We are excited to invest in Stonewall Kitchen and partner with Jonathan King and the rest of the executive team. The culture and business practices that Jon and Jim have developed are a great match with Centre’s own philosophy and values.”

Mr. Stiker added, “I am excited to join the Stonewall Kitchen team, as this is a brand that I have personally loved for many years. I look forward to working with its strong team of dedicated employees to grow Stonewall Kitchen’s business, which has a very exciting future.”

About Stonewall Kitchen
Headquartered in York, Maine, Stonewall Kitchen is a nationally recognized manufacturing, retail and wholesale distribution company which has been owned and operated by founders Jonathan King and Jim Stott since 1991. As one of the most awarded companies in the industry, Stonewall Kitchen is known for its innovative product development, beautiful packaging, extraordinary retail spaces and exceptional customer service. For more information, please visit www.stonewallkitchen.com.

About Centre Partners
Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire to make a meaningful economic stake in the future success of their businesses. Centre Partners has invested over $2 billion in more than 70 transactions, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. The firm is currently investing through its sixth fund. Additional information is available at www.centrepartners.com.

U.S. Retirement Partners Acquires Prominent Pennsylvania Firm

December 18, 2014

Leading 403(b) K-12 Company Joins National Retirement and Benefits Plan Provider

Iselin, NJ, December 18, 2014 – U.S. Retirement Partners (USRP) announced today that it has acquired Kades Margolis Corporation (KMC), a firm that will be part of USRP’s national network of 403(b) providers serving the K-12 public education market. KMC is considered one of the preeminent and most respected retirement planning firms in the country.

Founded in 1974, KMC is headquartered in Wayne, Pennsylvania, and is led by co-founder and President Ed Margolis, and Randy Aranowitz, Executive Vice President. The firm provides retirement planning and benefits services to members of the Pennsylvania State Education Association (PSEA), which has endorsed KMC for 40 years. Over 50 Advisors throughout the state deliver these services to more than 35,000 individual clients in nearly 500 school districts.

In addition to their corporate leadership roles, both have been and continue to be active in the National Tax-deferred Savings Association (NTSA), the industry trade organization. Ed Margolis is a founding member, past President, and past Board Member. Randy Aranowitz is a past President and current member of the Leadership Council.

“We are excited to join USRP. It will create an opportunity for us to provide an even greater number of services to our school district clients and their employees,” said Ed Margolis, President of KMC. Randy Aranowitz, KMC Executive Vice President, commented, “USRP’s practice management programs and tools are very comprehensive. They will enable our Advisors to become more productive, as well as deliver a higher level of service to their clients.”

“KMC is one of the dominant 403(b) providers to school district employees in Pennsylvania. We have known Ed and Randy for more than two decades, and have always admired the high quality organization they have built. We are delighted to have them join the USRP team,” said Bob Dughi, Executive Chairman of USRP.

About U.S. Retirement Partners, Inc.

U.S. Retirement Partners, with headquarters in Iselin, NJ, is the nation’s largest independent K-12 public school and governmental retirement and benefits services firm with over 1,000,000 clients serviced through 25 regional Partner Firms.

Visit www.usretirementpartners.com for more information.

Taylor Precision Products Acquires “Best-in-Class Innovator” Chef’n

December 23, 2014

Adds Leading Housewares Brand To Growing Portfolio

OAK BROOK, Ill.–(BUSINESS WIRE)–

Taylor Precision Products, Inc., a leading North American marketer of a wide range of branded consumer houseware products, announced today the acquisition of The Chef’n Corporation, an innovative design leader in the global housewares industry.

Chef’n, based in Seattle, WA, is the Company’s third acquisition since the June 2012 acquisition of Taylor by Centre Partners, a New York-based private equity firm, in conjunction with Rob Kay, who serves as Chairman & CEO. Since Mr. Kay joined Taylor, the company has doubled its size through innovative brand marketing, product development and acquisitions. Kay commented, “We are extremely excited to be adding Chef’n’s unique products and brands to the Taylor portfolio. The combination will further enhance our ability to deliver the most meaningful offerings to our retail trade partners and consumers.”
Taylor will retain Chef’n’s Seattle operations, where the company has been based for 32 years. Said Mr. Kay, “Chef’n maintains a best-in-class innovation and design team that supports the Company’s new product development efforts. We look forward to leveraging these exemplary talents across the entire Taylor organization.”

Affirmed Chef’n Founder David Holcomb, “Taylor’s category leadership, relationships with key retailers, and vision for growth made it the clear partner for Chef’n. I look forward to working with Rob and the rest of the Taylor team to execute on this vision over the coming years.” Holcomb founded Chef’n in 1982, starting with the “Garlic Machine” – an innovative device for chopping fresh garlic cloves in a clean and efficient manner. Today the Company has over 300 patents with products available in 40+ countries.

ABOUT TAYLOR

Taylor, based in Oak Brook, Illinois, is a leading North American marketer of a wide range of branded consumer houseware products – including kitchen scales, thermometers, timers, bath scales, outdoor weather measurement products, wine accessories and barware. The company’s owned and licensed brand names include Taylor®, Homedics®, Salter®, Rabbit®, Houdini™, and Eatsmart®. With a heritage dating back over 160 years, Taylor serves customers ranging from high-end specialty stores to mass merchandisers, hardware stores, club stores, grocery stores, specialty stores, and e-commerce retailers. Its market leadership is maintained by providing high-quality, attractive products at a competitive consumer prices, plus outstanding retail customer service and support. For more information on Taylor, go to www.TaylorUSA.com.

ABOUT CHEF’N

Chef’n is a leading global housewares products business that provides inventive, fun and highly functional products sold through retailers and distributors who are leaders in their categories. Product offerings include kitchen gadgets, kitchen tools, measuring and baking equipment, grinders, cleaning utensils, strainers and steamers, salad preparation tools, beverageware, and other accessories sold under the Chef’n® and Vibe® brands as well as through private label brands for select customers. For more information on Chef’n, go to www.chefn.com.

Centre Partners Makes Strategic Investment in Sun Orchard

January 05, 2015

NEW YORK and TEMPE, ARIZONA — January 5, 2015 — Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, today announced that it has made a majority investment in Sun Orchard, Inc.(“Sun Orchard”), a national provider of premium juice and beverage products to the foodservice industry. Financial terms of the transaction were not disclosed.

Founded in 1984, Sun Orchard has leveraged its strength in citrus juices (orange, lemon, lime, grapefruit) to develop an expanding portfolio of standard and customized beverages and culinary ingredients for foodservice preparation. The Company’s product portfolio consists of top quality, 100% natural, not-from-concentrate citrus juices, fruit ades, bar mixes, specialty smoothie bases, and other customizable mixology and culinary solutions. Sun Orchard is headquartered in Tempe, Arizona, and has a strategic bi-coastal production platform with facilities in Arizona and Florida.

Jean-Marc Rotsaert, a Centre Partners Operating Partner and a proven food and beverage executive with over 20 years of industry experience, has been named Executive Chairman of Sun Orchard. Mr. Rotsaert has previously held senior positions at The Campbell Soup Company, PepsiCo International, The Coca-Cola Company and AarhusKarlshamn USA, a subsidiary of AarhusKarlshamn AB, the world’s leading specialty vegetable fats and oil producer. Marc Isaacs, Sun Orchard’s long-time majority shareholder, will continue to serve as President and CEO and will remain a significant shareholder. Messrs. Rotsaert and Isaacs will work closely together in leading the business.

Michael Schnabel, a Centre Partners Managing Director, stated, “We are excited to invest in Sun Orchard and support the Company through its next phase of growth. We have been working with Jean-Marc Rotsaert to identify an opportunity to build a significant platform in the premium juice sector, and Sun Orchard is well-positioned for continued success with the highest-quality products and strong relationships with customers and suppliers. We look forward to working with the Sun Orchard team to grow the business organically, by adding new product lines and entering new channels, and through select acquisitions.”

Mr. Rotsaert commented, “Sun Orchard is an excellent company with a strong culture and substantial growth opportunities. Marc and I have spent considerable time together in recent months and together have established a strategic vision for the business. I look forward to working with Marc and the senior management team to ensure a successful future for Sun Orchard, its employees and business partners.”

Mr. Isaacs noted, “Centre Partners has a long and successful track record of being a constructive partner to businesses in the food and beverage industry. We are fortunate to have a new partner with the resources and operational expertise – in particular through the addition of Jean-Marc as our new Executive Chairman – to capitalize on the many attractive opportunities before us for the benefit of all our stakeholders.”

Rabo Securities USA acted as financial advisor to Sun Orchard with respect to the transaction.

About Centre Partners

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire to make a meaningful economic stake in the future success of their businesses. Centre Partners has invested over $2 billion in more than 70 transactions, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. The firm is currently investing through its sixth fund. Additional information is available at www.centrepartners.com.

About Sun Orchard

As a national craft juice company over 30 years in the making, Sun Orchard is at the forefront of juice innovation in foodservice. Having built its business on freshness, taste, quality and people, Sun Orchard’s tree-to-table experts quickly turn emerging trends into cutting edge juice products, giving operators a quick-to-menu advantage and back-of-house efficiencies. Because of Sun Orchard’s commitment to developing inspired, breakthrough solutions, the company offers an unmatched selection of exceptional juice products delivered weekly to every metro area in the US and Canada. Learn more at www.SunOrchard.com.

Centre Partners Sells Monte Nido

September 03, 2015

New York, NY, September 3, 2015 – Centre Partners Management LLC (“Centre Partners”), a leading middle market private equity firm with offices in New York and Los Angeles, announced today the sale of its portfolio company Monte Nido Holdings LLC (“Monte Nido”) to Levine Leichtman Capital Partners (“Levine Leichtman”). Terms of the transaction were not disclosed.

Monte Nido, based in Malibu, California, is a leading provider of treatment for eating disorders and exercise addiction to adults and adolescents. Founded in 1996, the company operates seventeen facilities in California, Oregon, Massachusetts, New York and Florida that collectively offer a full spectrum of treatment alternatives from residential care to day treatment programs.

“The sale of Monte Nido represents the successful execution of our strategy of identifying and investing in a market-leading business within the highly attractive eating disorder treatment sector where we could assist the company in pursuing numerous growth opportunities,” said Centre Partners Managing Director Jeff Bartoli. “We partnered with Monte Nido due to its unmatched clinical team, leading industry reputation and impressive peer-reviewed outcomes study, each of which was critical to driving substantial growth. Together with founders Carolyn Costin, Bruce Martin, Vicki Kroviak, and Wendy Oliver-Pyatt, we tripled the company’s facility footprint during our ownership period.”

Centre Partners Managing Director Nishad Chande added, “We are delighted with the outcome of our investment in Monte Nido and greatly appreciate the efforts of the company’s management team. After specifically targeting the behavioral healthcare space for investment, Centre Partners worked closely with the team over the past three years to accelerate the company’s growth across the United States. We wish everyone at Monte Nido much continued success.”

Monte Nido Founder Carolyn Costin added, “The Centre Partners team recognized the importance of Monte Nido’s unique culture and legacy of clinical excellence. Throughout our partnership, Centre Partners provided strategic guidance and support that were crucial in driving Monte Nido’s rapid growth and expanding necessary care to those most in need.”
Centre Partners and Monte Nido were advised by Harris Williams LLC, Coker Capital Securities, LLC, Dechert LLP and Sheppard Mullin Richter & Hampton LLP.

About Centre Partners

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire to have a meaningful economic stake in the future success of their businesses. Centre Partners has invested over $2 billion in more than 70 transactions, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. The firm is currently investing through its sixth fund. Additional information is available at www.centrepartners.com.

About Monte Nido

Monte Nido, based in Malibu, California, is a leading provider of treatment for eating disorders and exercise addiction to adults and adolescents. Founded in 1996, the Company operates seventeen facilities in California, Oregon, Massachusetts, New York, and Florida which collectively offer a full spectrum of treatment alternatives from residential care to day treatment programs. Additional information is available at www.montenido.com.

Centre Partners Completes Sale of Ross Aviation

August 01, 2014

NEW YORK, NY (August 1, 2014) – Centre Partners Management LLC, a leading middle market private equity firm with offices in New York and Los Angeles, announced today that it has completed the sale of Ross Aviation LLC to Landmark Aviation, a portfolio company of The Carlyle Group.

Headquartered in Denver, Colorado, Ross Aviation is a leading operator of fixed base operations (“FBOs”), with a network of 21 strategic locations in high profile business and resort destinations throughout the United States, including Denver, Santa Fe, Scottsdale, Miami, and the Hawaiian islands. The Company provides aviation fueling, hangar and other line services to business and commercial aviation customers (www.rossaviation.com).

“We applaud the efforts of Jeff Ross and his team in driving the growth of the business over the course of Centre’s investment period,” said Bruce Pollack, Managing Partner of Centre Partners. “Ross Aviation illustrates Centre’s successful investment strategy of partnering with proven management teams to build market leading companies.”

Jeff Bartoli, Managing Director of Centre Partners, added “Over the course of our investment period, we completed 22 acquisitions and dramatically increased market share and profitability. Our disciplined approach to growing and managing the business allowed us to assemble a first class company which proved to be a highly attractive acquisition candidate for a strategic buyer.”

“Centre Partners has been a terrific partner,” said Jeff Ross, Chief Executive Officer of Ross Aviation. “With their strategic guidance and support, we built a market leading platform with strong competitive positions and substantial operating momentum. We are excited for the many opportunities the Landmark combination will bring for Ross Aviation and its employees, and believe that the transaction will further increase the value proposition for our customers.”

Harris Williams & Co. served as financial advisor and Dechert LLP served as legal advisor to Ross Aviation.

About Centre Partners

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire a meaningful economic stake in the future success of their businesses. Centre Partners has invested over $3 billion in more than 90 transactions, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. Additional information is available at www.centrepartners.com.

Centre Partners Portfolio Company Medalist Acquires Pride Manufacturing

December 22, 2015

NEW YORK, Dec. 22, 2015 — Centre Partners Management LLC (“Centre Partners”), a leading middle market private equity firm with offices in New York and Los Angeles, announced today that its portfolio company Medalist Corp. has acquired Pride Manufacturing Corp. LLC (“Pride”).  Financial terms of the transaction were not disclosed.

Headquartered in Brentwood, TN, with global operations, Pride is a leading designer, manufacturer, marketer and distributor of golf cleat systems, golf tees and related consumable golf accessories and wood products.  Pride is the largest manufacturer of golf tees in the U.S., producing over 300 million wooden tees annually out of its sawmill in Maine.

Nishad Chande, a Managing Director, of Centre Partners, said, “We are pleased with what Medalist has achieved to date and are excited for the opportunities created by the acquisition of Pride.  This transaction creates a market-leading golf accessories and sporting goods business that is positioned to serve both companies’ customers better and for continued growth through product innovation and additional acquisitions.  We look forward to partnering with Joe and the rest of the Pride management team as we embark upon this next phase of growth.”

The combined company will be led by executives of both Medalist and Pride, with both Medalist CEO Jim Stutts and Pride CEO Joe Zeller overseeing the business together.  The Pride management team will remain in place and has invested in the combined company alongside Centre Partners and Medalist management.

Mr. Stutts commented, “The addition of Pride, a golf business with an exceptional portfolio and market position, is an important step for Medalist.  I look forward to working with Joe and his team to pursue a range of attractive growth opportunities – including acquisitions and internal initiatives – that are available to our company in the future.”

Mr. Zeller added, “Our team at Pride is very excited to join Medalist, which will accelerate the growth of our business and create a sporting goods platform that is greater than the sum of its parts.  We are delighted that Medalist and Centre Partners recognized the considerable value of Pride’s market-leading positions and outstanding infrastructure, and had the vision to make this strategic combination a reality.”

About Centre Partners

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire to have a meaningful economic stake in the future success of their businesses. Centre Partners has invested over $2 billion in more than 70 transactions, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. The firm is currently investing through its sixth fund. Additional information is available at www.centrepartners.com.

About Medalist Corp.

Formed in 2014, Medalist Corp. is a leading designer and manufacturer of golf club components and other sporting goods with operations in Carlsbad, CA and Shanghai, China.

About Pride Manufacturing

Pride is the world’s premier golf accessory company, and is the leader in the design and manufacture of cleats, spikes and receptacles for the entire golf footwear industry, as well as a leading manufacturer and distributor of golf tees and other golf accessories. Pride’s products include Pulsar™ cleats – the #1 Cleat on the PGA Tour, Pride Golf Tees – the #1 wooden golf tee on the PGA Tour, Fast-Twist™ – the #1 cleat system on the PGA Tour and Black Widow™ – the #1 selling golf cleat in the world.

Contact:
Mark Semer / Ross Lovern
Kekst
(212) 521-4800

Centre Partners Announces Investment in Bradford Health Services

June 30, 2016

New York, NY (June 30, 2016) – Centre Partners, a leading middle market private equity firm, announced that it has completed an investment in Bradford Health Services, LLC (“Bradford Health” or the “Company”) in partnership with the Company’s management team, including Chief Executive Officer Clay Simmons and Chief Financial Officer Chip Stephens.

Based in Birmingham, Alabama, Bradford Health is one of the largest providers of substance abuse treatment and recovery services in the Southeastern United States. The Company operates 30 clinical facilities in six states, including two inpatient facilities, 24 outpatient facilities, a transitional living facility and three substance abuse treatment units managed under contracts with acute-care hospitals. Through this coordinated network of facilities, Bradford Health provides treatment services across the entire spectrum of acuity, including early intervention services, crisis response, intensive outpatient care, partial hospitalization and residential care, inpatient detox and transitional living and life skills programming.

With an operating history dating to 1977, Bradford Health operates as one of the longest-tenured substance abuse treatment providers in the country and maintains unparalleled name recognition within its core markets. Bradford Health’s in-network payor strategy and strong referral network allow the Company to deliver accessible, affordable, and high-quality clinical care to a broad and growing patient population.

“Centre has a demonstrated track record of successfully partnering with management teams within the behavioral healthcare industry and maintaining commitment to clinical excellence within programming, which is of paramount importance to the Company’s mission,” stated Bradford Health CEO Clay Simmons.  “Our partnership with Centre provides a terrific opportunity to accelerate the Company’s growth and expand access to affordable care to a growing patient base.”

“Centre continues to target investment opportunities within the behavioral healthcare industry, with a focus on substance abuse treatment services – a $30 billion sector which is experiencing significant growth,” stated Jeff Bartoli, a Managing Director of Centre Partners. “We are excited to partner with Clay Simmons, Chip Stephens, and the rest of the Bradford Health management team to expand the Company’s footprint while maintaining its strong reputation for clinical excellence.”

Coker Capital Advisors served as a financial advisor to Bradford Health. NXT Capital provided debt financing for the transaction.

About Centre Partners

Centre Partners, founded in 1986, is a leading private equity firm with a middle market focus that seeks to make acquisitions and equity investments alongside management teams who have or desire to have a meaningful economic stake in the future success of their businesses. Centre Partners has invested over $2 billion in more than 70 transactions, partnering with management teams across a broad spectrum of industries. Centre Partners provides those teams with access to its unique resources, which include an extended network of experienced and proven operating executives. The firm is currently investing through its sixth fund. Additional information is available at www.centrepartners.com.

About Bradford Health Services, LLC

Bradford Health Services, based in Birmingham, Alabama, is one of the largest and longest running providers of substance abuse treatment and recovery services in the Southeast. Through 30 individual clinical facilities, Bradford offers early intervention services, crisis response, intensive outpatient care, partial hospitalization and residential care, inpatient detox, and transitional living and life skills programming. Additional information is available at www.bradfordhealth.com.

Contact:
Mark Semer
Kekst
212-521-4802

Centre Partners Announces Sale of Bellisio Foods to CPF for $1.075 Billion

November 17, 2016

NEW YORK, November 17, 2016 – Centre Partners Management LLC (“Centre Partners”) announced today that its portfolio company Bellisio Foods Inc. (“Bellisio” or the “Company”) has entered into a definitive agreement to be acquired by Charoen Pokphand Foods Public Company Limited (“CP Foods”), of Thailand, for $1.075 billion.

Headquartered in Minneapolis, Bellisio is one of the nation’s largest and fastest-growing frozen food companies. The Company manufactures and distributes a diverse and growing portfolio of high-quality and innovative branded frozen products that address the evolving needs of a broad consumer base spanning different ages, life stages, and lifestyles. Bellisio operates several state-of-the-art production facilities strategically located in Ohio, Minnesota, and California.

Since acquiring the business from its founder in 2011, Centre Partners has been working closely with management to accelerate Bellisio’s growth trajectory. The Company completed strategic acquisitions, expanded its product offerings, entered into multiple license agreements for well-established brands, and executed a series of operational initiatives to enhance performance. Over the last five years, Bellisio has added premium and lifestyle brands such as Boston Market, Chili’s, Atkins, Eating Well and Eat! to its core Michelina’s value brand. The Company’s revenue has more than doubled during Centre’s ownership and Bellisio has become the third-largest frozen food company in North America.

Bruce Pollack, a Managing Partner of Centre Partners, said: “Through our partnership with Joel Conner and his management team, the successful execution of the Company’s strategic initiatives has generated sustained top-line growth and tremendous enhancements to profitability. Bellisio’s innovative product portfolio, diversified customer base, and cost-effective manufacturing and distribution capabilities form an enviable platform for continued growth. CP Foods is an ideal partner for Bellisio as it enters its next phase of growth and leverages its innovation capabilities and production scale. We wish Bellisio and its employees all the best for a successful future.”

Joel Conner, Chairman of Bellisio, stated: “We have enjoyed a highly productive partnership with Centre Partners. Our team’s success was clearly enhanced by Centre Partners’ support and resources, and we couldn’t be more pleased with the outcome. We have built an extremely talented team at Bellisio, which executed our strategy superbly and delivered remarkable results. We are excited to be part of CP Foods and look forward to leading the North American strategy for one of the world’s most successful and innovative food companies.”

The transaction is expected to close in December 2016.

Morgan Stanley & Co. LLC and Moelis & Company LLC are acting as financial advisors to Bellisio with respect to the transaction and Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as legal advisor.

About Centre Partners
Founded in 1986, Centre Partners is a leading middle-market private equity firm focusing on the consumer and healthcare sectors, with offices in New York and Los Angeles. Centre has invested over $2 billion of equity capital in more than 75 transactions since its inception. Centre seeks to partner with founders and management teams to build exceptional businesses. Centre Partners provides management teams access to its unique resources, which includes an extended network of experienced and proven operating executives. Additional information is available at www.centrepartners.com.

About Bellisio Foods
Bellisio Foods, Inc. is one of the nation’s largest and fastest growing frozen food companies with a rich 25-year history of providing quality, innovative food tailored to consumer tastes and lifestyles. Based in Minneapolis, Bellisio Foods produces more than 400 products spanning a wide variety of frozen food categories, including single and multi-serve entrees, snacks, side dishes, and specialty sauces. Bellisio markets these products under its Michelina’s and Eat! brands, as well as under licensed brands Boston Market, Chili’s, EatingWell, and Atkins. The company also co-manufactures private label, retail and foodservice products. For more information, visit www.bellisiofoods.com.

Contact:
Mark Semer/Ross Lovern Kekst
(212) 521-4800

PrideSports® Merges with MacNeill Engineering

January 17, 2017

BRENTWOOD, January 17, 2017 – PrideSports®, a global manufacturer and provider of golf traction elements, golf tees and other golf related accessories, today announced that it has merged with MacNeill Engineering, maker of CHAMP® spikes, to create a new holding company, MacNeill Pride Group.  The new company will be the largest global designer, manufacturer and distributor of replaceable sport and industrial cleats and other golf accessories.

PrideSports®, a portfolio company of middle-market private equity firm Centre Partners, is a leading supplier of golf cleats, golf tees and accessories to OEMs, retailers and pro shops worldwide, and is the largest American producer of wooden tees out of its manufacturing operations in the state of Maine.  MacNeill Engineering is a Marlborough, MA based manufacturer and provider of metal and plastic traction components found in shoes across a broad range of sports – including football, baseball, soccer, track, lacrosse, rugby, cricket and golf.  A fourth-generation family business, MacNeill Engineering was founded in 1931 by Harold MacNeill and over the last eighty years has evolved into the preeminent supplier of traction elements to the world’s largest sports footwear companies.

“The merger of PrideSports and MacNeill Engineeringis an exciting development for everyone associated with our companies,” said Joe Zeller, President and CEO of the newly combined entity.   “PrideSports will take the best of both organizations to provide world-class traction technology across a myriad of field sports.  The CHAMP® brand is globally renowned for its performance in golf, soccer, football, track and other field sports and we look forward to bringing it together with our Softspikes® line of golf cleats and accessories.  We will continue to look for opportunities that help to position the company for enhanced growth and performance in the future.”

Harris MacNeill, President and CEO of MacNeill Engineering, said, “Both companies have a deep history of innovation in the sports industry and the merged PrideSports will position the new entity for continued success.  Original equipment manufacturers, retailers and athletes will all benefit from strengthened R&D, increased distribution, reduced SKU counts, and a robust infrastructure that enhances customer service.”

The newly merged company will be headquartered at PrideSports’ existing offices in Brentwood, Tennessee.  Each brand will maintain its respective identity following the merger, with CHAMP’s PiviX, Zarma and Stinger cleats, as well as Softspikes’ Pulsar, Silver Tornado and Stealth models, all boasting unique attributes to serve individual customer preference. Both brands have won top awards from Golf Digest, GOLF Magazine, World Soccer, Soccer America, Baseball America and other key media outlets. Together, MacNeill Pride Group will look to grow upon this legacy.

State-of-the-art, premium cleats and fastening systems from CHAMP® and Softspikes® are used by professional and amateur athletes around the world and regularly worn by competitors in the Olympics, World Series, Super Bowl, FIFA World Cup, Ryder Cup and other high-profile events. Products are designed for the unique rigors of golf, soccer, baseball, football, track & field, and many other sports, with technologies and applications that extend into cycling, fishing, ice sports and industrial segments.

About MacNeill Pride Group
Headquartered in Brentwood, TN with offices across America, Europe and Asia, MacNeill Pride Group  provides traction elements and retention systems to athletic footwear manufacturers around the globe as well providing its CHAMP® and Softspikes® branded products to retail channels worldwide – maintaining a preeminent position within golf, soccer, baseball, football and other sports. In addition, the Company provides a full line of golf accessories and is the largest producer and distributor of golf tees in the world, with brands including Pride Golf Tee®, Pride Professional Tee System® (PTS) and Zarma Fly Tee®.

Contact:
Megan Sargent
Email: msargent@pridesports.com

Centre Partners Announces Investment in Chesapeake Eye Care

July 24, 2017

NEW YORK, July 24, 2017 /PRNewswire/ — Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, announced today that it has completed an investment in Chesapeake Eye Care Company, LLC (“Chesapeake” or the “Company”), a newly formed entity that combines two leading Mid-Atlantic ophthalmology practices, Chesapeake Eye Care and Laser Center and Whitten Laser Eye. Terms of the transaction were not disclosed.

Headquartered in Annapolis, Maryland, Chesapeake is a leading eye care platform serving the Maryland, Virginia and Washington, DC markets. Led by its two founding physicians, Maria Scott and Mark Whitten, the Company has a proven track record of clinical excellence and leading patient outcomes. Drs. Scott and Whitten, both nationally recognized eye surgeons, have established a robust team of providers and deep corporate infrastructure to enable comprehensive ophthalmological care for a large addressable patient base. Chesapeake offers a range of services including cataract, glaucoma and general eye surgery, medical services, LASIK surgery, cosmetic and oculoplastic surgery, as well as other vision services.

“We are extremely excited to be working with Centre Partners,” stated Dr. Maria Scott. “Their experience in partnering with founder-owned healthcare businesses and their demonstrated ability to execute multi-facility growth strategies will bring tremendous value to Chesapeake.”

“Our new platform offers many benefits to independent practitioners in the attractive Mid-Atlantic market,” said Dr. Mark Whitten. “With the support of Centre Partners and their significant resources, we are well positioned to capitalize on the growth opportunities ahead.”

“We are excited to partner with Dr. Scott and Dr. Whitten and their talented team of physicians, care providers and executives,” added Jeff Bartoli, a Managing Director of Centre Partners. “They have developed a truly impressive model of superior clinical results, and we look forward to working with them to expand the platform through a combination of acquisitions and the recruitment of additional high-quality physicians in the Mid-Atlantic market.”

About Centre Partners
Founded in 1986, Centre Partners is a leading middle-market private equity firm focusing on the consumer and healthcare sectors, with offices in New York and Los Angeles. Centre has invested over $2 billion of equity capital in more than 75 transactions since its inception. The firm seeks to partner with founders and/or management teams to build exceptional businesses. In doing so, Centre provides portfolio companies with access to its unique resources, including an extended network of experienced and proven operating executives. Additional information is available at www.centrepartners.com.

About Chesapeake Eye Care Company, LLC
Chesapeake Eye Care, based in Annapolis, Maryland, is a leading Mid-Atlantic ophthalmology platform, recognized for clinical excellence. The Company has built a market leading network of physicians and offers comprehensive eye care services including cataract, glaucoma and general eye surgery, medical services, LASIK surgery, cosmetic and oculoplastic surgery. Additional information is available at www.chesapeakeeyecare.com and www.whittenlasereye.com.

Contact:
Mark Semer or Ross Lovern Kekst
(212) 521-4800

Centre Partners Invests in Golding Farms Foods

August 07, 2017

New York, New York, August 1, 2017 – Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, today announced that it has made an investment in Golding Farms Foods, Inc. (“Golding Farms”), a leading manufacturer of private label, branded and co-manufactured sauces and condiments. Financial terms of the transaction were not disclosed.

Founded in 1972 by Tony Golding and based in Winston-Salem, North Carolina, Golding Farms maintains a best-in-class, SQF level 3-certified facility with highly efficient processing and packaging capabilities. The Company serves a wide range of end markets with product categories including Asian sauces, honeys, aiolis, steak sauces, syrups, Worcestershire sauces and relishes.

John Frostad, an entrepreneur and executive with over 30 years of experience in the private label and branded packaged food industry, will join the Golding Farms team as CEO. Mr. Frostad previously founded and served as President and CEO of Snack Alliance, a leading private label snack food manufacturer.

“Golding Farms has a 45-year history of providing excellent products and service to its retail grocery partners through its dedicated employees, impressive product development and innovation capabilities, and highly efficient manufacturing operation with leading food safety industry certifications,” stated David Jaffe, a Managing Partner of Centre Partners. “Golding Farms represents an opportunity for us to invest in a high growth food business and accelerate growth further with additional management resources and investment capital.”

“I am pleased to welcome Centre Partners and John Frostad to the Golding Farms family,” stated Mr. Golding. “I am excited for this new partnership and look forward to a bright future.”

“Golding Farms is a special company with long-standing relationships and commitments to its customers, suppliers and employees, as well as the Winston-Salem community,” added Mr. Frostad. “I look forward to working with each of these constituents to grow Golding Farms in the coming years.”

About Golding Farms Foods

Headquartered in Winston-Salem, North Carolina, Golding Farms Foods is leading manufacturer of private label, branded, and co-manufactured sauces and condiments. Founded by Tony Golding in 1972, Golding Farms maintains a best-in-class, SQF level 3-certified facility with highly-efficient processing and packaging capabilities to serve a wide range of end markets and product categories. For more information, please visit www.goldingfarms.com.

About Centre Partners

Founded in 1986, Centre Partners is a leading middle-market private equity firm focusing on the consumer and healthcare sectors, with offices in New York and Los Angeles. Centre has invested over $2 billion of equity capital in more than 75 transactions since its inception. Centre seeks to partner with founders and management teams to build exceptional businesses. Centre Partners provides management teams access to its unique resources, which includes an extended network of experienced and proven operating executives. Additional information is available at www.centrepartners.com.

Contact:
Mark Semer or Ross Lovern Kekst
(212) 521-4800
mark.semer@kekst.com

Centre Partners Invests in Nearly Natural

December 15, 2017

New York, December 15, 2017 – Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, today announced that it has made an investment in Nearly Natural, Inc. (“Nearly Natural”), a rapidly growing e-commerce platform primarily offering a broad assortment of artificial plants, flowers, and trees. Financial terms of the transaction were not disclosed.

Founded in 2002 by CEO Robbie Singer and based in Miami, Florida, Nearly Natural maintains unique design, product development, sourcing, assembly, fulfillment, and distribution capabilities. Nearly Natural offers a diverse product portfolio with approximately 1,850 SKUs, and provides logistics and drop-shipping expertise to a wide array of customers in the high-growth e-commerce channel.

“From the outset, we were impressed with Robbie’s leadership and passion for the business, and excited by his vision for future success,” said Bruce Pollack, a Managing Partner of Centre Partners. “We see incredible potential in Nearly Natural over the coming years and look forward to our partnership.”

“As we experience continued growth, we are excited to partner with Centre Partners, which brings the precise combination of industry knowledge, strategic insights, and relationships to help us achieve continued success,” stated Robbie Singer. “Centre Partners clearly shares in our passion for the business and vision for continued growth.”

“Our investment in Nearly Natural illustrates Centre Partners’ commitment to working with passionate founders and managers seeking to maintain a meaningful role in their business,” said Michael Schnabel, a Managing Director of Centre Partners. “Working with Robbie, we see significant potential to leverage our operating partner network and continue Nearly Natural’s growth trajectory through new product, customer, and channel introductions.”

About Nearly Natural
Headquartered in Miami, Florida, Nearly Natural is a leading platform focused on designing, importing, assembling, and selling artificial plants, flowers, and trees to online retailers. Founded by Robbie Singer in 2002, the Company maintains a diverse product portfolio and provides logistics and drop-shipping expertise to a wide array of customers in the high growth e-commerce channel. For more information, please visit www.nearlynatural.com.

About Centre Partners
Founded in 1986, Centre Partners is a leading middle-market private equity firm focusing on the consumer and healthcare sectors, with offices in New York and Los Angeles. Centre has invested over $2 billion of equity capital in more than 75 transactions since its inception. Centre seeks to partner with founders and management teams to build exceptional businesses. Centre Partners provides management teams access to its unique resources, which includes an extended network of experienced and proven operating executives. Additional information is available at www.centrepartners.com.

Contact: Mark Semer
Kekst
(212) 521-4800
mark.semer@kekst.com

Centre Partners Sells Captain D’s

December 18, 2017

New York, December 18, 2017 – Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, today announced that it has sold its portfolio company Captain D’s. Financial terms of the transaction were not disclosed.

Captain D’s is the nation’s leading seafood-themed operator in the quick service restaurant (“QSR”) sector. The Captain D’s system consists of 503 restaurants, including 227 franchised and 303 company-owned locations in 21 U.S. states, with established strongholds in the American Southeast and Midwest.

Bruce Pollack, a Managing Partner of Centre Partners, stated, “We are very proud of our successful investment in Captain D’s. Through our partnership with Phil Greifeld and his management team, we revitalized the Captain D’s brand, accelerated growth through new unit openings and improved performance through best-in-class execution. Captain D’s is well positioned for continued growth and we wish the team every success under new ownership.”

Captain D’s CEO, Phil Greifeld, commented, “Centre Partners recognized an attractive opportunity to acquire a differentiated, seafood-themed concept in the QSR segment of the restaurant industry. During the past four years, Centre Partners provided expertise and resources that were instrumental in achieving our shared objectives. We are grateful for the support of the Centre Partners team as we move on to another exciting chapter.”

About Centre Partners
Founded in 1986, Centre Partners is a leading middle-market private equity firm focusing on the consumer and healthcare sectors, with offices in New York and Los Angeles. Centre has invested over $2 billion of equity capital in more than 75 transactions since its inception. Centre seeks to partner with founders and management teams to build exceptional businesses. Centre Partners provides management teams access to its unique resources, which includes an extended network of experienced and proven operating executives. Additional information is available at www.centrepartners.com.

About Captain D’s
Headquartered in Nashville, Tennessee, Captain D’s has 529 restaurants in 21 states. Captain D’s is the nation’s leading fast casual seafood restaurant and was named the #1 seafood chain in the QSR 50, ranked by AUV. Founded in 1969, Captain D’s has been offering its customers high-quality seafood at reasonable prices in a welcoming atmosphere for more than 48 years. Captain D’s serves a wide variety of seafood that includes freshly prepared entrees and the company’s signature hand-battered fish, which is cooked to order. The restaurants also offer premium-quality, grilled items such as shrimp, and surf and turf, as well as hushpuppies, desserts and freshly brewed, Southern-style sweet tea, a Captain D’s favorite. For more information, please visit www.captainds.com.

Contact:
Mark Semer or Peter Hill
Kekst
(212) 521-4800
mark.semer@kekst.com or peter.hill@kekst.com

Centre Partners Portfolio Company Stonewall Kitchen Completes Acquisition of Tillen Farms

January 12, 2018

New York, January 12, 2018 – Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, today announced that its portfolio company Stonewall Kitchen, a leading specialty food manufacturer, marketer and retailer, has completed its acquisition of the Tillen Farms brand of premium cocktail garnishes, including uniquely-crisp pickled vegetables and delicious Pacific Northwest cherries. Financial terms of the transaction were not disclosed.

“We are very excited to combine our two premium specialty food brands,” said John Stiker, Chief Executive Officer of Stonewall Kitchen. “Tillen Farms is a strong and well-recognized brand and a leader in the pickled vegetable and cocktail cherry categories, with delicious offerings like pickled asparagus, spicy dilly beans, and their signature Bada Bing® cherries. We look forward to welcoming the Tillen Farms team into our organization, which will allow us to leverage the strengths of both brands to help grow each other.”

Tim Metzger, the Founder of Tillen Farms added, “Joining the Stonewall Kitchen family is the perfect fit for us. They have long been known for their strengths in product development and brand building, and we’ve already started working together on several new products set to launch later this year which will be wonderful additions to our already successful product line-up. I look forward to working with the Stonewall Kitchen team to bring Tillen Farms to the next level and to realize our full growth potential.”

Mr. Stiker continued, “With the acquisition of Tillen Farms, Stonewall Kitchen has taken the first step towards achieving our vision of becoming the premier specialty foods platform in North America. With our expertise in brand building, product development, and omni-channel distribution, we are excited to continue to grow our business both organically and through additional selective acquisitions.”

About Centre Partners
Founded in 1986, Centre Partners is a leading middle-market private equity firm focusing on the consumer and healthcare sectors, with offices in New York and Los Angeles. Centre has invested over $2 billion of equity capital in more than 75 transactions since its inception. Centre seeks to partner with founders and management teams to build exceptional businesses. Centre Partners provides management teams access to its unique resources, which includes an extended network of experienced and proven operating executives. Additional information is available at www.centrepartners.com.

About Stonewall Kitchen
Stonewall Kitchen is a leading specialty food producer headquartered in York, Maine. Founded in 1991 by partners Jonathan King and Jim Stott, the two established themselves selling jams and jellies at local farmers’ markets, fairs and festivals with their flavorful line of distinctive and high quality food items. Over time, they expanded their product line to include sauces, condiments, dressings and baking mixes. Today, Stonewall Kitchen is known for its innovative product development, beautiful packaging, stunning retail spaces and exceptional customer service. It now boasts more than 6,000 wholesale accounts nationwide and internationally, thriving catalog and web divisions and 10 retail Company Stores along the East Coast. As the winner of 29 prestigious awards from the Specialty Food Association and the only recipient of the coveted Outstanding Product Line Honors three times, Stonewall Kitchen is proud to be one of the most awarded specialty food companies in the country. For more information about Stonewall Kitchen, please visit:
www.stonewallkitchen.com.

About Tillen Farms®
Introduced in 2004, the Tillen Farms brand features a line of 12 “best in class” cocktail garnishes, sold to the grocery, specialty, health food, liquor and foodservice classes of trade. Tillen Farms pickled vegetables are primarily grown in Washington’s famed Yakima Valley and are available in several different varieties of asparagus, dilly beans, carrots, and snap peas. Tillen Farms popular pitted and stemmed cherries are locally grown in Oregon’s Willamette Valley, and include popular varieties like Bada Bing, Merry Maraschino, and Rainier Reserve. Made with no artificial ingredients, Tillen Farms’ unique processing technology ensures an exceptional degree of crispness year round. A SOFI award Finalist in the appetizer category, Tillen Farms’ vegetables and cherries are gluten free, vegan and nut & peanut-free and most varieties are kosher certified and non-GMO certified. For more information, please visit www.tillenfarms.com.

Contact:
Mark Semer or Peter Hill
Kekst
(212) 521-4800
mark.semer@kekst.com or peter.hill@kekst.com

Lifetime Brands Completes Acquisition of Filament Brands

March 02, 2018

GARDEN CITY, N.Y. – March 2, 2018 – Lifetime Brands, Inc. (NasdaqGS:LCUT) (“Lifetime” or “the Company”), a leading global provider of branded kitchenware, tableware and other products used in the home, today announced that it has completed its previously announced acquisition of Filament Brands (“Filament”), creating a premier consumer goods company with over $750 million in net sales and an unparalleled portfolio of powerful brands and iconic licenses.

As previously announced, effective today as a result of completing the transaction, Lifetime will be led by Robert Kay, formerly Chairman and Chief Executive Officer of Filament, as CEO and Jeffrey Siegel, formerly Chairman and Chief Executive Officer of Lifetime, as Executive Chairman. Ronald Shiftan will continue as Vice Chairman and Chief Operating Officer and Daniel Siegel will continue as President of Lifetime. Tim Simmone, formerly Chief Operating Officer of Filament, will become Chief Integration Officer.

Additionally, the Lifetime Brands Board of Directors will expand to include Mr. Kay, Bruce G. Pollack and Michael P. Schnabel. Messrs. Pollack and Schnabel are, respectively, Managing Partner and Managing Director of Centre Partners Management, LLC.

Jeffrey Siegel said, “We are excited to complete this transformational transaction, which creates a company with the number one position in key product areas, a diversified customer base with marquee partnerships and a robust product development team and pipeline.”

Robert Kay said, “Lifetime Brands is well-positioned with the scale and capabilities to bring even more great ideas to market and continue to drive significant value creation over the long-term. I look forward to leading the newly combined team as we continue to invest in our world-class brands and grow the business.”

Lifetime will continue to be headquartered in Garden City, New York, with a significant presence in Seattle, Washington, and will maintain its regional facilities around the world.

Lifetime Brands, Inc.

Lifetime Brands is a leading global provider of kitchenware, tableware and other products used in the home. The Company markets its products under well-known kitchenware brands, including Farberware®, KitchenAid®, Sabatier®, Amco Houseworks®, Chef’n® Chicago™ Metallic, Copco®, Fred® & Friends, Houdini™, KitchenCraft®, Kamenstein®, Kizmos™, La Cafetière®, MasterClass®, Misto®, Mossy Oak®, Swing-A-Way® Taylor® Kitchen and Vasconia®; respected tableware and giftware brands, including Mikasa®, Pfaltzgraff®, Fitz and Floyd®, Creative Tops®, Empire Silver™, Gorham®, International® Silver, Kirk Stieff®, Rabbit® Towle® Silversmiths, Tuttle®, Wallace®, Wilton Armetale®, V&A® and Royal Botanic Gardens Kew®; and valued home solutions brands, including Bombay®, BUILT NY®, Taylor® Bath and Taylor® Weather. The Company also provides exclusive private label products to leading retailers worldwide.

The Company’s corporate website is www.lifetimebrands.com.

Forward-Looking Statements

Lifetime’s statements in this press release related to the acquisition of Filament contain forward-looking statements, including statements regarding expected benefits of the acquisition and the timing and financing thereof. Actual results could differ materially from those projected or forecast in the forward-looking statements. Factors that could cause actual results to differ materially include the following: the conditions to the completion of the transaction may not be satisfied; debt financing may not be available on favorable terms, or at all; closing of the transaction may not occur or may be delayed, either as a result of litigation related to the transaction or otherwise; the parties may be unable to achieve the anticipated benefits of the transaction; revenues following the transaction may be lower than expected; operating costs, customer loss, and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers, and suppliers) may be greater than expected; Lifetime may assume unexpected risks and liabilities; completing the acquisition may distract Lifetime’s management from other important matters; and the other factors discussed in “Risk Factors” in Lifetime’s Annual Report on Form 10-K for the fiscal year ended December 31, 2016 and subsequent filings with the SEC, which are available at http://www.sec.gov. Lifetime assumes no obligation to update the information in this communication, except as otherwise required by law. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.

Contacts

Lifetime Brands, Inc.:
Laurence Winoker, Chief Financial Officer
516-203-3590
investor.relations@lifetimebrands.com

or

Joele Frank, Wilkinson Brimmer Katcher:
Dan Katcher / Matt Sherman / Andrew Squire
212-355-4449

Centre Partners Sells U.S. Retirement & Benefits Partners

April 02, 2018

New York, April 2, 2018 – Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, today announced that it has sold its portfolio company U.S. Retirement & Benefits Partners (“USRBP” or the “Company”) to Kohlberg & Company. Financial terms of the transaction were not disclosed.

Founded in 2008, USRBP is the leading independent provider of technology-enabled benefits and retirement services to the K-12 education, government/municipal, and small- and mid-sized corporate marketplace. The company manages more than $42 billion of assets for more than 2 million clients and facilitates the design and administration of benefits and retirement programs for nearly 3,400 school districts and over 5,000 corporations. During Centre Partners’ ownership, USRBP has achieved rapid growth through more than 40 acquisitions and several organic sales initiatives that have substantially expanded its product offering, distribution and geographic reach.

Bruce Pollack, Managing Partner of Centre Partners, stated, “We are very proud of our successful investment in USRBP. Through our partnership with Bob Dughi and Mark Skinner, we achieved our shared vision of creating the leading independent provider of benefit services and retirement products to the K-12 education market. We wish the team continued success under new ownership.”

Bob Dughi, Executive Chairman of USRBP, commented, “Centre Partners recognized an attractive opportunity to support us in our effort to build a market-leading platform in the retirement sector. By initially focusing on the large, yet highly fragmented K-12 market, we have been able to rapidly scale our business.” The Company’s CEO, Mark Skinner added, “Going forward, we intend to pursue attractive acquisition opportunities in our core market while also utilizing our technology platform to accelerate cross-selling efforts and further expand our service offering into government, municipal and small and mid-sized corporate markets. We are grateful for the support of the Centre Partners team as we move on to another exciting chapter.”

“The sale of USRBP represents the successful execution of our consolidation strategy within the large and highly fragmented retirement and benefits services sector,” said Centre Partners Managing Director Jeff Bartoli. “We assisted the Company in executing an ambitious acquisition strategy, which enabled USRBP to dramatically expand its service offering. Given the strength of its platform, robust pipeline of accretive acquisition opportunities, and compelling cash flow model, USRBP is well-positioned for future success.”

William Blair & Company acted as exclusive financial advisor and Dechert LLP acted as legal counsel to USRBP.

About Centre Partners
Founded in 1986, Centre Partners is a leading middle-market private equity firm focusing on the consumer and healthcare sectors, with offices in New York and Los Angeles. Centre has invested over $2 billion of equity capital in more than 80 transactions since its inception. Centre seeks to partner with founders and management teams to build exceptional businesses. Centre Partners provides management teams access to its unique resources, which includes an extended network of experienced and proven operating executives. Additional information is available at www.centrepartners.com.

About U.S. Retirement & Benefit Partners
Headquartered in Iselin, New Jersey, U.S. Retirement & Benefits Partners is the leading independent provider of technology-enabled benefits and retirement services to the K-12 education, government/municipal, and small and mid-sized corporate marketplace. Founded in 2008, USRBP has built a unique platform with an unrivaled competitive position with numerous cross-selling opportunities within its core markets. Today, the company manages more than $42 billion of assets for more than 2 million clients and facilitates the implementation, administration and monitoring of benefits and retirement programs for nearly 3,400 school districts and over 5,000 corporations. USRBP has grown significantly through a combination of organic initiatives as well as over 40 acquisitions, substantially expanding its product offering, distribution and geographic reach. For more information, please visit www.usrbpartners.com.

Contact: Mark Semer or Peter Hill Kekst
(212) 521-4800
mark.semer@kekst.com or peter.hill@kekst.com

Centre Partners Invests in Guy & O’Neill

October 16, 2018

New York, October 16, 2018 – Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, today announced that it has made an investment in Guy & O’Neill, Inc. (“Guy & O’Neill”), a premier manufacturer and developer of household cleaning and personal care products. Centre’s investment, financial terms of which were not disclosed, was made alongside the Company’s senior management team, which will continue to own a meaningful stake and lead the business under Centre’s ownership.

Founded in 1975, Guy & O’Neill provides a one-stop shop solution for blending, liquid-fill, converting and packaging needs for leading consumer packaged goods companies and retailers. Guy & O’Neill’s state-of-the-art production facilities and operational infrastructure enable it to consistently offer its customers with industry leading service and quality.

“Centre is thrilled to partner with the Guy & O’Neill management team,” stated Bruce Pollack, a Managing Partner of Centre Partners. “The Company is well-positioned to execute on multiple compelling growth strategies, and uniquely situated to offer its customers with innovative products to capitalize on shifting consumer preferences in the household cleaning sector.”

Guy & O’Neill Chief Executive Officer Tom Misgen said, “We are very pleased to partner with and invest alongside Centre. We believe that their financial support and industry expertise will accelerate growth and facilitate meaningful investments in our business while maintaining our focus on offering the highest quality products and customer service that our customers value and will continue to enjoy. Centre’s investment is an endorsement of the strength of our dedicated management team and the strength of our innovative portfolio of products.”

“Guy & O’Neill is an established market leader and a highly strategic partner for its customers, with a stellar reputation supported by its state-of-the-art manufacturing and new product development,” added Michael Schnabel, a Managing Director of Centre Partners. “Through our previous investments in the household cleaning sector, we have a deep expertise in the space and significant resources that will assist us in accelerating the growth of the business both organically and through acquisitions.”

G&O logoAbout Guy & O’Neill
Headquartered in Fredonia, Wisconsin, Guy & O’Neill Inc. is an established consumer products company focused on the household cleaning, personal care, and pharmaceutical industries. The Company has a strong presence in the wet wipe and liquid-fill sub-sector, offering a value-added suite of services to its customers. Over the last several years, Guy & O’Neill has leveraged its strength in contract manufacturing to enter the private label market with a portfolio of new and innovative products. For more information, please visit www.guyandoneill.com.

About Centre Partners
Founded in 1986, Centre Partners is a leading middle-market private equity firm focusing on the consumer and healthcare sectors, with offices in New York and Los Angeles. Centre has invested over $2 billion of equity capital in more than 80 transactions since its inception. Centre seeks to partner with founders and management teams to build exceptional businesses. Centre Partners provides management teams access to its unique resources, which includes an extended network of experienced and proven operating executives. Additional information is available at www.centrepartners.com.

Contact: Mark Semer
Kekst CNC
(212) 52104800

Centre Partners Acquires Majority Stake in One World Fitness

March 29, 2019

New York, March 29, 2019 – Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, today announced that it has acquired a majority interest in New England Fitness and affiliates, now doing business as One World Fitness PFF, LLC (“One World Fitness” or the “Company”), a leading owner and operator of fitness clubs under the Planet Fitness banner. The Company’s founder, Bill Fidler, and other key members of management invested alongside Centre. Financial terms were not disclosed.

New England Fitness was founded in 2006 to operate fitness clubs as a franchisee of Planet Fitness and has expanded its operations to include 18 fitness clubs primarily in the Philadelphia metropolitan and New Jersey markets. Planet Fitness, one of the largest and fastest-growing health club franchises in the country, is known for providing high-value, low-price fitness experiences in low-pressure, “Judgement Free®” environments.

“Centre is excited to partner with Bill Fidler to support the continued growth of the One World Fitness platform,” said Bruce Pollack, a Managing Partner of Centre Partners. “Bill’s passion and expertise in the business is evident in the rapid growth that has been achieved with a high quality group of facilities that are strategically well-positioned. We share a common vision for significantly expanding the scale of One World Fitness in both new and existing markets.”

“Centre’s long history of successfully collaborating with founders and entrepreneurs makes them an ideal partner for One World Fitness,” said Mr. Fidler. “We believe Centre’s financial support and industry expertise will accelerate growth and facilitate meaningful investments in our business while enabling us to maintain our focus on offering a high-quality, “Judgement Free®” experience for our existing members.”

William Olson, a Centre Operating Partner, has joined the Company as Chief Executive Officer. “I am excited to join One World Fitness to drive operations and performance, continue to build a winning team and take the Company’s growth to the next level,” said Mr. Olson.

Mr. Pollack added, “Billy is a proven, experienced executive whose focus on growth and passion for team-building will be instrumental during the next phase of the Company’s development.” Mr. Fidler said, “We are excited to have Billy join One World Fitness and look forward to his contributions.”

Marks & Klein LLP provided legal counsel to One World Fitness and Dechert LLP provided legal counsel to Centre.

About Centre Partners
Founded in 1986, Centre Partners is a leading middle-market private equity firm focusing on the consumer and healthcare sectors, with offices in New York and Los Angeles. Centre has invested over $2 billion of equity capital in more than 80 transactions since its inception. Centre seeks to partner with founders and management teams to build exceptional businesses. Centre Partners provides management teams access to its unique resources, which includes an extended network of experienced and proven operating executives. Additional information is available at www.centrepartners.com.

About One World Fitness
Headquartered in Windham, New Hampshire, One World Fitness is an owner and operator of Planet Fitness clubs with facilities in the Philadelphia metropolitan and New Jersey markets. One World Fitness manages 18 Planet Fitness facilities and has a proven track record of new club development, having opened three de novo facilities in each of the past three years. The Company’s network of fitness clubs is supported by an administrative team based in New Hampshire, a regional management team and over 250 club employees.

About Planet Fitness
Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the United States by number of members and locations. As of December 31, 2018, Planet Fitness had more than 12.5 million members and 1,742 stores in 50 states, the District of Columbia, Puerto Rico, Canada, the Dominican Republic, Panama and Mexico. The Company’s mission is to enhance people’s lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment, which we call the Judgement Free Zone®. More than 95% of Planet Fitness stores are owned and operated by independent business men and women.

Contact: 
Mark Semer
Kekst CNC
(212) 521-4800

Chesapeake Eye Care Rebrands Platform as Vision Innovation Partners Announces Acquisition of Eye Care Specialists to Expand into Pennsylvania Market

June 24, 2019

Annapolis, Maryland, June 24, 2019 – Chesapeake Eye Care has rebranded under the name Vision Innovation Partners, in recognition of its growing market leadership in ophthalmology within the Mid-Atlantic region.  The company chose the name Vision Innovation Partners following an extensive renaming process. “We view the practices that join us as true partners, with each contributing to our platform of innovation, best practices, efficiency and outstanding patient care. We think our new name fits just right,” says Vision Innovation Partners’ CEO Michael Dunn.

Vision Innovation Partners (formerly Chesapeake Eye Care Management Group) has acquired a majority interest in Eye Care Specialists (ECS), a leading ophthalmology practice group with nine locations in northeastern Pennsylvania.  ECS includes a surgery center, seven comprehensive ophthalmology practices and Revive MedSpa.

According to Mr. Dunn, this is the largest group to join the company. “We are pleased to welcome ECS. Drs. Harvey Reiser, Richard Roth, Erik Kruger and Joshua Hedaya and their talented team bring tremendous synergy and value to our growing company. This partnership represents the foundation of our growing presence in Pennsylvania.”

“We are so pleased to be a part of the Vision Innovation Partners organization,” says Eye Care Specialists founder Harvey Reiser, MD. “The opportunities to share and adopt best practices, achieve operational efficiencies and be a part of a larger team will truly enhance our practice and challenge the professionals who work here.”

The acquisition of Eye Care Specialists – its eighth in just under two years, demonstrates Vision Innovation Partners’ continued commitment to recruiting top-performing doctors and expanding patient access to care across its growing network of practice locations and surgery centers in the Mid-Atlantic.

Vision Innovation Partners is backed by Centre Partners, a leading middle-market private equity firm focused on the healthcare and consumer sectors. Centre seeks to partner with founders and management teams to build exceptional businesses, providing management teams with access to its unique resources, including an extended network of experienced and proven operating executives. Founded in 1986, Centre has offices in New York and Los Angeles and has invested over $2 billion of equity capital in over 80 transactions since its inception. Additional information is available at www.centrepartners.com.

Contact:
Lynn Hopkins Cantwell
LCantwell@ceceye.com
301-367-8704 (mobile)
Visioninnovation-partners.com

Centre Partners Sells Stonewall Kitchen to Audax Private Equity

August 01, 2019

New York, August 1, 2019 – Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, today announced that it has sold its portfolio company Stonewall Kitchen (the “Company”) to Audax Private Equity. Financial terms of the transaction were not disclosed.

Founded in 1991, Stonewall Kitchen is a leading manufacturer of premium branded specialty food and gift products, including jams, olive oils, bottled sauces, crackers and pancake mixes. The Company has more than 6,000 wholesale accounts nationwide and internationally; a thriving online direct-to-consumer business; a flagship campus in York, Maine featuring a company store, café and cooking school; and nine retail Company Stores located throughout New England.

During Centre Partners’ ownership, Stonewall Kitchen achieved significant organic growth through distribution gains and new product launches, enhanced its eCommerce platform and completed two strategic acquisitions to extend into new product categories.

David Jaffe, Managing Partner of Centre Partners, stated, “In partnership with the management team, we established Stonewall Kitchen as the premier specialty foods platform in North America through strategic expansion into new channels, categories, customers and brands. Stonewall Kitchen is well positioned for continued growth, and we wish the team success under new ownership.”

John Stiker, CEO of Stonewall Kitchen, commented, “It has been a pleasure collaborating with the Centre team to execute on our shared vision for Stonewall Kitchen. We were able to achieve significant growth while maintaining Stonewall Kitchen’s authenticity and reputation for great tasting, innovative products. Our team is excited to continue growing the Stonewall Kitchen family of brands.”

Baird acted as exclusive financial advisor and Greenberg Traurig, LLP and Akerman LLP acted as legal counsel to Stonewall Kitchen.

About Centre Partners

Founded in 1986, Centre Partners is a leading middle-market private equity firm focusing on the consumer and healthcare sectors, with offices in New York and Los Angeles. Centre has invested over $2 billion of equity capital in more than 80 transactions since its inception. Centre seeks to partner with founders and management teams to build exceptional businesses. Centre Partners provides management teams access to its unique resources, which includes an extended network of experienced and proven operating executives. Additional information is available at www.centrepartners.com.

About Stonewall Kitchen

Stonewall Kitchen is a leading specialty food producer headquartered in York, Maine. Founded in 1991 by partners Jonathan King and Jim Stott, the two established the Stonewall Kitchen brand by selling jams and jellies at local farmers’ markets with a flavorful line of distinctive and high-quality products. Over time, they expanded the brand to include sauces, condiments, crackers and baking mixes, always focusing on innovative product development, beautiful packaging, and exceptional guest service. Today, Stonewall Kitchen is the premier specialty foods platform in North America, home to a family of premium quality brands including the flagship Stonewall Kitchen brand; the Tillen Farms brand of pickled vegetables and cocktail cherries; the Napa Valley Naturals brand of olive oils, culinary oils, balsamic vinegars and wine vinegars; the Montebello brand of artisan organic pasta imported from Italy; and the Legal Sea Foods brand of restaurant-quality seafood sauces and condiments. As winners of 28 prestigious awards from the Specialty Food Association and the recipient of the coveted Outstanding Product Line Honors three times, Stonewall Kitchen is proud to be one of the most awarded specialty food companies in the country. For more information about Stonewall Kitchen, please visit: www.stonewallkitchen.com.

Contact:
Mark Semer
Kekst CNC
(212) 521-4800
mark.semer@kekstcnc.com

Centre Partners Invests in Hispanic Foods Platform

October 21, 2019

New York, October 21, 2019 – Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, today announced that it has made an investment in Wisconsin Cheese Group Holding, LLC and affiliates (“WCG” or the “Company”), a leading manufacturer of branded and private label Hispanic foods, including cheeses, desserts, meats and spices. Financial terms were not disclosed.

Founded in 1985 and based in St. Paul, Minnesota, WCG maintains an attractive portfolio of trusted, authentic Hispanic food brands, including La Morenita, El Viajero, Reynaldo’s, El Chilar, Lisy, and Orale!, alongside extensive private label capabilities. The Company has nationwide distribution with a strong presence within the mass, club, grocery and specialty / bodega channels and has built an outstanding reputation for customer service and product quality.

Centre Operating Partner Brian McInerney has joined WCG as its CEO. Mr. McInerney has spent his entire career in the consumer products industry and previously served as CEO of Glacier Water Services, where he drove meaningful growth throughout his tenure. Danette Bucsko, former CFO of Bellisio Foods, will join the Company as CFO.

Bruce Pollack, Managing Partner of Centre Partners, stated, “We are very pleased to partner with Brian and Danette, who have joined a very talented and committed team at WCG. WCG is well-positioned to continue to capitalize on the large and growing Hispanic foods category and we look forward to our ownership of the business as it expands into new channels, categories and customers.”

Brian McInerney said, “I am very excited to partner with Centre Partners and benefit from its more than 30 years of experience in the consumer products space. WCG has built a leading, authentic Hispanic foods platform and I am thrilled to lead the team to capitalize on the excellent opportunities ahead of us. Our mission is to help accelerate growth by investing in people, brands and products, and we look forward to delivering best-in-class Hispanic food products to an even greater number of customers and consumers.”

“Wisconsin Cheese Group’s commitment to high-quality products and superior customer service has enabled it to become an established market leader and a highly strategic partner for its customers,” added Michael Schnabel, a Partner at Centre Partners. “We are very impressed with the Company’s achievements to date and are excited to work together with the entire management team to reach the next level of growth.”

Dechert LLP provided legal counsel to Centre Partners.

About Centre Partners
Founded in 1986, Centre Partners is a leading middle-market private equity firm focusing on the consumer and healthcare sectors, with offices in New York and Los Angeles. Centre has invested over $2 billion of equity capital in more than 80 transactions since its inception. Centre seeks to partner with founders and management teams to build exceptional businesses. Centre Partners provides management teams access to its unique resources, which includes an extended network of experienced and proven operating executives. Additional information is available at www.centrepartners.com.

About WCG
Headquartered in Monroe, Wisconsin, Wisconsin Cheese Group is a leading manufacturer of Hispanic foods, including cheeses, desserts, meats and spices. The Company has a number of authentic Hispanic and Caribbean brands including La Morenita, El Viajero, Reynaldo’s, El Chilar, Lisy, and Orale!, alongside broad private label capabilities. Wisconsin Cheese Group maintains a national footprint with multiple best-in-class facilities that serve a wide range of end markets.

Contact:     
Mark Semer or Cameron Njaa
Kekst CNC
(212) 521-4800

MacNeill Pride Group Adds to Portfolio with Purchase of ORCA Coolers

January 13, 2020

BRENTWOOD, Tenn. – MacNeill Pride Group® (MPG), a diversified global designer and manufacturer of sporting goods and related products, has purchased Outdoor Recreation Company of America (ORCA), a leading supplier of premium coolers, drinkware and other outdoor accessories. Terms were not disclosed.

ORCA will continue to operate from its Nashville headquarters. Founded in 2012, its product line includes hard-sided coolers, soft-sided backpack style coolers and a full line of stainless steel drinkware. ORCA consistently outranks competitors in cooler ice-retention tests and customer satisfaction, and also holds more licenses than any other cooler brand with over 80 NCAA teams, 32 NFL teams, 30 MLB teams and 30 NHL teams.

ORCA joins a portfolio that includes PrideSports, the world’s leading maker of cleats, studs and spikes for multi-sports under the CHAMP® and Softspikes® brands; Pride Manufacturing Company LLC, which creates engineered wood products such as golf tees, cigar tips and toys; and MacNeill Engineering, which designs, manufactures and tests footwear components.

“The acquisition of ORCA is a natural addition to our company as we continue to expand into new, yet complementary, markets,” said Joe Zeller, CEO of MPG. “This as an attractive opportunity to extend into the lifestyle product market where we have strong existing relationships with sporting goods retailers – both in the U.S. and abroad – that will be beneficial to increasing distribution and sales of ORCA products.”

Joe Henderson, President and COO of MPG, echoed Zeller’s enthusiasm for the deal. “All of our brands are known for innovation and we look forward to applying this to ORCA as we aggressively grow the brand in the future through the introduction of new products and other initiatives,” Henderson said.

Cliff Walker, founder of ORCA, also expressed enthusiasm for the future of the brand. “The backing of MacNeill Pride Group and their deep retail relationships around the globe positions our business for exceptional growth with the products and licenses we have in place,” said Walker.

MPG will debut the ORCA brand at the 2020 PGA Merchandise Show in Orlando later this month.

About MacNeill Pride Group

Headquartered in Brentwood, TN with offices across America, Europe and Asia. MacNeill Pride Group, a portfolio company of middle-market private equity firm Centre Partners, helps provide traction elements and retention systems to athletic footwear manufacturers around the globe as well as providing its CHAMP and Softspikes branded products to retail channels worldwide. These brands maintain a preeminent position within the golf, soccer, baseball, football, track & field and many other sports. In addition, the company provides a full line of golf accessories and is the largest producer and distributor of golf tees in the world, with brands including Pride Golf Tee®, Pride Professional Tee System® (PTS) and Zarma Fly Tee®. More information can be found at www.macneill-pride.com.

About ORCA

Based in Nashville, Tennessee and founded in 2012, ORCA has made a name for itself by creating American made, roto-molded coolers that last a lifetime. In the past year, the company has expanded in many ways including growing its staff in Nashville from 10 employees to over 100, bringing assembly and customization in-house, and most notably adding licensed products to its repertoire. From custom color coolers to laser engraved drinkware, ORCA is dedicated to creating products that make every moment cool. For more information on the ORCA brand and its products, please visit www.ORCAcoolers.com.

Guy & O’Neill Acquires Boomerang Laboratories

March 25, 2020

Fredonia, Wisconsin – Guy & O’Neill, Inc. (“Guy & O’Neill”), a portfolio company of Centre Partners, and a leading developer and manufacturer of wipes and liquid-fill products in the household cleaning and personal care categories, announced that it has acquired Boomerang Laboratories, Inc. (“Boomerang”), a Minnesota-based manufacturer of a diverse array of liquid-fill personal care and light-duty household cleaning products. Financial terms of the transaction were not disclosed.

The acquisition enhances Guy & O’Neill’s product breadth and capabilities in several attractive categories, provides meaningful additional liquid-fill capacity and creates a larger, more diversified and multi-site partner for customers. Founded in 1999 and based in Spring Park, Minnesota, Boomerang’s breadth of product capabilities includes hand soaps, shampoos, conditioners, dish soaps, laundry detergents, fabric softeners and floor cleaners.

“Boomerang is an outstanding addition to Guy & O’Neill, as we continue to expand into new and complementary markets and product categories,” stated Tom Misgen, CEO of Guy & O’Neill. “The company has a long-standing stellar reputation for providing excellent service, quality and flexibility to its valued customers. We are excited to welcome the exceptional Boomerang team, which shares commitment to innovation, quality, and customer service.”

“We are very excited to be a part of the Guy & O’Neill organization,” added Paul Nyberg, President of Boomerang. “The opportunity to share and adopt best practices, achieve operational efficiencies and be part of a larger platform will allow us to better meet the needs of our customers and help accelerate the continued growth of our combined business.”

About Guy & O’Neill

Headquartered in Fredonia, Wisconsin, Guy & O’Neill Inc. is an established consumer products company focused on the household cleaning, personal care, and pharmaceutical industries. The Company has a strong presence in the wet wipe and liquid-fill sub-sector, offering a value-added suite of services to its customers. Over the last several years, Guy & O’Neill has leveraged its strength in contract manufacturing to enter the private label market with a portfolio of new and innovative products. For more information, please visit www.guyandoneill.com

About Boomerang Laboratories

Headquartered in Spring Park, Minnesota, Boomerang Laboratories manufactures and fills a wide variety of personal care products, light-duty household products and toiletries in the form of liquids, lotions, gels, creams, suspensions and ointments. Boomerang operates a 75,000 square foot facility in Spring Park, Minnesota with in-house chemists, microbiologists, and R&D professionals all of whom have extensive experience working with Boomerang’s customers across their product development, raw material sourcing and packaging needs.

About Centre Partners

Founded in 1986, Centre Partners is a leading middle-market private equity firm focusing on the consumer and healthcare sectors, with offices in New York and Los Angeles and over $2 billion of equity capital invested in more than 80 transactions. Centre Partners seeks to partner with founders and management teams to build exceptional businesses. Centre Partners provides management teams access to its unique resources, which includes an extended network of experienced and proven operating executives. Additional information is available at www.centrepartners.com.

Contact:
Mark Semer
Kekst CNC
(212) 521-4800

Centre Partners Announces Formation of United Land Services, New Landscaping Services Platform in the Southeast

November 02, 2020

New York, November 2, 2020 – Centre Partners (“Centre”), a leading middle market private equity firm with offices in New York and Los Angeles, announced today that in partnership with LP First Capital (“LPFC”), an independent sponsor, it has formed United Land Services Holdings, LLC (“United Land Services” or the “Company”), a platform to build a leading landscape services provider in the Southeast. United Land Services has completed its first five acquisitions: United Landscapes, Blandford Turf, Tree World, O’Hara and River Region Sports Fields. Terms of the transactions were not disclosed.

Headquartered in Jacksonville, Florida, United Land Services is a leading commercial and residential landscape services platform serving a wide range of national and local customers throughout the Southeast. The Company provides a comprehensive suite of services, including landscape design & installation, commercial property maintenance, sod installation, tree / plant nursery and other specialty services with an outstanding reputation for customer service and quality. With the completion of its first five acquisitions, United Land Services has established a presence across several of the fastest growing metropolitan areas in the Southeast, including Jacksonville, Orlando and Port. St. Lucie, Florida, and Birmingham and Montgomery, Alabama.

Bob Blandford, founder of United Landscapes and Blandford Turf, and a veteran landscape operator with over 20 years of experience in the industry, will serve as CEO of United Land Services.

“Centre is excited to partner with LPFC, Bob Blandford and the United Land Services team,” said Jeff Bartoli, a Partner of Centre Partners. “The Company is well-positioned to capitalize on favorable industry tailwinds driving increased demand for landscaping services in the Southeast. We look forward to expanding the platform through strategic acquisitions across the region.”

“Centre is an excellent partner for United Land Services given its long track record of successfully collaborating with founders and entrepreneurs to scale their businesses,” said Mr. Blandford. “Centre and LPFC’s financial and strategic resources will enable us to accelerate our growth trajectory, expand our service capabilities and strengthen our market leadership, allowing us to better serve our customers.”

Thomas Ince, founder of LPFC, said, “We are thrilled to partner with Centre and Bob to execute United Land Service’s multi-faceted growth strategy and build on the strong foundation Bob and his team have established. Bob’s passion, strategic vision and commitment will be instrumental as we scale the business and build the leading landscaping services platform in the Southeast.”

Dechert LLP and McGuireWoods LLP provided legal counsel to Centre Partners and LP First Capital.

About Centre Partners

Founded in 1986, Centre Partners is a leading middle-market private equity firm focusing on the consumer and healthcare sectors, with offices in New York and Los Angeles and over $2.5 billion of equity capital invested in more than 80 transactions. Centre Partners seeks to partner with founders and management teams to build exceptional businesses. Centre Partners provides management teams access to its unique resources, which includes an extended network of experienced and proven operating executives. Additional information is available at www.centrepartners.com.

About LP First Capital

LP First Capital (“LPFC”) is a private investment firm with experience creating super-regional and national platforms by leveraging its expertise in mergers & acquisitions, profit center integration, and team building to drive performance. Headquartered in Austin, TX, LPFC maintains an active presence in much of the Southeast and Midwest markets as it continues to take interest in building best-in-class businesses within traditionally fragmented industries. More information on LPFC, its strategy, investments, and team can be found at www.LPFirstCapital.com.

About United Land Services

Headquartered in Jacksonville, Florida, the Company provides a comprehensive suite of services including landscape design & installation, commercial property maintenance, sod installation, tree / plant nursery and other specialty services with an outstanding reputation for customer service and quality. The Company operates in the largest and fastest growing metropolitan areas in the Southeast and maintains deep, long-standing relationships with leading national and local customers. Additional information is available at www.unitedlandservices.com.

Contact:
Mark Semer
Kekst CNC
(917) 439-3507