Clearview Capital Leads the Recapitalization
of Twinco Romax

January 4, 2006

Following closely on the heels of its acquisition of Senior Care Centers of America, Inc., Clearview Capital, LLC of Old Greenwich, CT has completed the recapitalization of Twinco Romax, a vertically integrated manufacturer and distributor of automotive fluids and related products sold primarily to the convenience store, automotive and mass market retail channels. The transaction closed on December 19, 2005.

The current management of Twinco Romax will retain day-to-day management control and have operational autonomy while maintaining a substantial equity stake in the recapitalized entity.  Based in Medina (Minneapolis), Minnesota, with a manufacturing facility in Milwaukee, WI, Twinco Romax has established a strong market position in the upper Midwest by combining a broad product line of company-owned and national brands with innovative merchandising and other value-added services that drive enhanced sales and profit margins for its customers. 

Twinco's brands include Zecol
, Monster Garage, Incredible Orange, Power Blast, PolyGuard and Purple Power.  “The combination of company-owned and manufactured brands with well-known national brands is what attracted us to this investment initially,” said James G. Andersen, co-managing partner of Clearview Capital.  “But meeting the management team and hearing their enthusiasm for the business is what really sold us on the company.”

“We believe Twinco will continue to grow in its core market just by adding accounts and additional products,” said Calvin Neider co-managing partner of Clearview.  “We think there are additional opportunities for growth, including acquisitions, and are enthusiastic about helping Twinco’s team capitalize on them.”

Clearview's other holdings include Senior Care Centers of America, Inc., an operator of adult day care centers, M.H. Zeigler & Sons, LLC of Lansdale, PA, the country’s leading manufacturer of refrigerated apple cider, Hillsdale Furniture, a designer and importer of wood furniture, and a minority interest in Compression Polymers Group, the leading extruder of thick gauge polyolefin and PVC sheet, including AZEK® brand trimboards.

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