Clearview Capital, LLC

Clearview Capital Partners with Management
to Acquire Rowmark, Inc.
January 5, 2007

OLD GREENWICH, CT—Clearview Capital, LLC of Old Greenwich, CT has completed the recapitalization of Rowmark, Inc., the leading manufacturer and marketer of specialty plastic sheet and related products for the awards/recognition, engraving and signage markets. The transaction closed on December 31, 2006.

The current management of Rowmark, Inc. will retain day-to-day management control and have operational autonomy while maintaining a substantial equity stake in the recapitalized entity.

Based in Findlay, Ohio, Rowmark specializes in the manufacture of thin gauge plastic sheet, which can be engraved to produce signage, name plates and tags, trophy plaques and other products. Rowmark is the dominant producer of plastic sheet for these applications in North America and has a rapidly growing share of these products worldwide.

“Clearview’s investment in Rowmark capitalizes on our extensive experience in plastics and partners us with Rowmark’s talented management team,” said James G. Andersen, co-managing partner of Clearview Capital. “Duane Jebbett and his team have built a wonderful company that is ready to enter a new phase of growth—both organic and through acquisition.”

Founded in 1985, Rowmark has achieved its strong competitive position by leveraging its brands, diverse product line, reputation for quality and service and its customer-oriented culture.

Rowmark also distributes a select line of consumable products for “sublimation” applications, in which photographic quality images are transferred to objects for promotional and decorative applications. In late 2003, Rowmark capitalized on its expertise in plastic sheet extrusion to launch Premier Material Concepts, a rapidly growing division which produces custom extruded sheet products for a variety of niche industrial and consumer applications.

“We are thrilled about this great opportunity,” said Rowmark President and CEO Duane Jebbett. “After evaluating many potential partners, we believe Clearview Capital is well suited to help us to continue the same high level of growth we have experienced in the last few years, as well as to insure that we continue to do a great job of servicing our current customers.”

“Rowmark was Clearview’s second acquisition during the fourth quarter of 2006,” said Calvin Neider, co-managing partner of Clearview. “We continue to search aggressively for additional acquisitions for Rowmark and the rest of our current portfolio as well as for new platforms.”

Clearview's other holdings include Hettinger Welding, LLC, a leading provider of pipeline and facilities construction and maintenance services for customers building natural gas infrastructure; Twinco Romax, a vertically integrated manufacturer and distributor of automotive fluids sold through retail channels; Senior Care Centers of America, an operator of adult day care centers; M.H. Zeigler & Sons, the country's leading manufacturer of refrigerated apple cider; Hillsdale Furniture, a designer and importer of wood and metal furniture; and a minority interest in Compression Polymers Group, the leading extruder of thick gauge polyolefin and PVC sheet, including AZEK® brand trim boards.