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IBEX Outdoor Clothing LLC Deal Announcement

September 23, 2010 (Greenwich, CT.; Wynnewood, PA.; White River Junction, VT) – Private equity firm North Castle Partners in partnership with CMS Companies announced today that they have invested in Ibex Outdoor Clothing Holdings, Inc. (“Ibex”), a designer, marketer, manufacturer and distributor of a diverse range of premium branded wool and wool-based technical apparel and accessories. North Castle is a leading private equity firm focused exclusively on investments in consumer-driven product and service businesses that benefit from “Healthy Living and Aging” trends. The terms of the investment were not disclosed. Founded in 1997 and headquartered in White River Junction, VT, Ibex is a designer, marketer, manufacturer and distributor of branded merino wool technical apparel and accessories. The company’s products are inspired by outdoor enthusiasts and cater to a wide range of outdoor pursuits and active lifestyles. Ibex was founded on the strong belief that wool is superior to synthetic materials traditionally used in performance clothing. Wool is a versatile fiber which offers significant performance benefits to the end consumer. Ibex merino wool is sustainably sourced from sheep – a natural, environmentally friendly and renewable resource – in New Zealand and is Zque certified. Products range from ultra-soft baselayer items made of 17.5 micron merino wool to thicker, more insulating outerwear, composed of 24.5 micron merino wool. Ibex offers men’s and women’s active outdoor clothing for all-season activities and sports. “We are proud to partner with the management of this iconic brand and help them more widely distribute their high quality, high performance merino wool products,” said Chip Baird, North Castle’s Managing Partner. “Based on the growing consumer preference toward natural and sustainable fibers, we expect Ibex to grow into a leading technical apparel brand in the outdoor softgoods market driven by the authenticity of its brand and the quality of its products,” added DJ Jenson, North Castle Operating Advisor. “When we went on a search for capital to help us grow the business, we put the people before the cash,” explained John Fernsell, Founder and CEO of Ibex. “We made it very clear to our investment banker that the actual money was third on the list after compatibility and...

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Seitz Corporation

Seitz Corporation

September 7 , 2010 – Seitz Corporation (“Seitz or the “Company”) announced that it has completed a debt refinancing with Core Business Credit of Dallas, TX . The proceeds from the transaction were used to refinance existing indebtedness and for general corporate purposes. BellMark Partners, LLC acted as financial advisor to the Company’s in connection with the transaction. Seitz is a leading global manufacturer of highly engineered, precision injection molding products used by a diverse group of companies in the medical, pharmaceutical, food and beverage, industrial, business equipment, electronics, consumer products, and household goods industries. The Company provides injection molding services, contract manufacturing services, and designs, produces and assembles proprietary custom thermoplastic devices, components and tools for innovative solutions in addressing product design issues for its customers. The Company also produces a proprietary line of clutch bearings developed for use in plastic gears, pulleys, and timing belts. BellMark Partners, LLC is a boutique investment banking firm focused on providing advisory services to middle market and lower middle market companies in the consumer products, industrial, healthcare, and business services industries. BellMark Partners, LLC provides advice to family businesses, entrepreneurial or closely – held companies, private equity – owned companies, and small – cap public companies. Services include: mergers and acquisitions, strategic alternatives reviews, restructurings, and valuation & fairness opinions. BellMark Partners’ founders have advised on more than 100 M&A and capital raising transactions, and previously worked as senior bankers for firms such KeyBanc Capital Markets, Inc., BankBoston Robertson Stephens, Fleet Securities, Inc. and Covington Associates LLC. Download as...

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IBEX Outdoor Clothing LLC

IBEX Outdoor Clothing LLC

September 23, 2010 (Greenwich, CT.; Wynnewood, PA.; White River Junction, VT) – Private equity firm North Castle Partners in partnership with CMS Companies announced today that they have invested in Ibex Outdoor Clothing Holdings, Inc. (“Ibex”), a designer, marketer, manufacturer and distributor of a diverse range of premium branded wool and wool-based technical apparel and accessories. North Castle is a leading private equity firm focused exclusively on investments in consumer-driven product and service businesses that benefit from “Healthy Living and Aging” trends. The terms of the investment were not disclosed. Founded in 1997 and headquartered in White River Junction, VT, Ibex is a designer, marketer, manufacturer and distributor of branded merino wool technical apparel and accessories. The company’s products are inspired by outdoor enthusiasts and cater to a wide range of outdoor pursuits and active lifestyles. Ibex was founded on the strong belief that wool is superior to synthetic materials traditionally used in performance clothing. Wool is a versatile fiber which offers significant performance benefits to the end consumer. Ibex merino wool is sustainably sourced from sheep – a natural, environmentally friendly and renewable resource – in New Zealand and is Zque certified. Products range from ultra-soft baselayer items made of 17.5 micron merino wool to thicker, more insulating outerwear, composed of 24.5 micron merino wool. Ibex offers men’s and women’s active outdoor clothing for all-season activities and sports. “We are proud to partner with the management of this iconic brand and help them more widely distribute their high quality, high performance merino wool products,” said Chip Baird, North Castle’s Managing Partner. “Based on the growing consumer preference toward natural and sustainable fibers, we expect Ibex to grow into a leading technical apparel brand in the outdoor softgoods market driven by the authenticity of its brand and the quality of its products,” added DJ Jenson, North Castle Operating Advisor. “When we went on a search for capital to help us grow the business, we put the people before the cash,” explained John Fernsell, Founder and CEO of Ibex. “We made it very clear to our investment banker that the actual money was third on the list after compatibility and...

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Seitz Corporation Deal Announcement

September 7 , 2010 – Seitz Corporation (“Seitz or the “Company”) announced that it has completed a debt refinancing with Core Business Credit of Dallas, TX . The proceeds from the transaction were used to refinance existing indebtedness and for general corporate purposes. BellMark Partners, LLC acted as financial advisor to the Company’s in connection with the transaction. Seitz is a leading global manufacturer of highly engineered, precision injection molding products used by a diverse group of companies in the medical, pharmaceutical, food and beverage, industrial, business equipment, electronics, consumer products, and household goods industries. The Company provides injection molding services, contract manufacturing services, and designs, produces and assembles proprietary custom thermoplastic devices, components and tools for innovative solutions in addressing product design issues for its customers. The Company also produces a proprietary line of clutch bearings developed for use in plastic gears, pulleys, and timing belts. BellMark Partners, LLC is a boutique investment banking firm focused on providing advisory services to middle market and lower middle market companies in the consumer products, industrial, healthcare, and business services industries. BellMark Partners, LLC provides advice to family businesses, entrepreneurial or closely – held companies, private equity – owned companies, and small – cap public companies. Services include: mergers and acquisitions, strategic alternatives reviews, restructurings, and valuation & fairness opinions. BellMark Partners’ founders have advised on more than 100 M&A and capital raising transactions, and previously worked as senior bankers for firms such KeyBanc Capital Markets, Inc., BankBoston Robertson Stephens, Fleet Securities, Inc. and Covington Associates LLC. Download as...

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