TricorBraun Holdings, Inc. Announces Acquisition by AEA Investors LP

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"I couldn't be more excited about this partnership," said Keith Strope, President and CEO of TricorBraun. "Culturally, philosophically and strategically, our two companies are very strongly aligned. We both believe that first and foremost relationships are what matter—personally and professionally. All good relationships rely on both parties bringing something that the other needs. Something new. Something different. Something that insures mutual growth. This partnership will not only bring success to everyone involved—partners, customers, suppliers and employees alike—I believe it will positively impact the entire rigid packaging industry. But as excited as I am about the future, I would be remiss if I didn't express how grateful I am to CHS and all the help and support they supplied to get us to this point."

Thomas Pryma, Partner at AEA said, "We believe TricorBraun is an excellent company operating in a highly attractive industry segment. They are well-positioned to make a significant impact in the rigid packaging market by continuing to offer their customers and supplier partners an impressive array of capabilities. We have enjoyed a long relationship with the TricorBraun leadership and are extremely excited to partner with them.  We look forward to helping them continue their growth both organically and through strategic acquisitions.

David Hawkins, Partner at CHS said, "TricorBraun has always been the most innovative company in the rigid packaging industry. Their track record of strong growth and profitability is a testament to their leadership. Keith Strope and his team have built an impressive company. We're very proud of what we've accomplished with them and I know they will continue to be the industry leader."

About TricorBraun

Founded in 1902, TricorBraun is the home for many firsts in rigid packaging distribution. TricorBraun began an industry consolidation with a series of strategic acquisitions in the mid 1990's. TricorBraun was the first to incorporate advanced design and engineering capabilities into the packaging supply process. TricorBraun was the first organization to move distribution beyond simply supplying a commodity to forging customer relationships based on consultative packaging capabilities. As one of the largest suppliers of plastic and glass containers, closures, dispensers and tubes in the world, TricorBraun has over 40 locations throughout North America and internationally, including London; Guangzhou, China; Hong Kong and Mumbai, India.  TricorBraun supplies billions of containers and closures to thousands of businesses worldwide. The 400-plus packaging professionals are focused on their customers' growth by helping them bring new and existing products to market efficiently.

TricorBraun's award-winning Design and Engineering Centers provide customers unique consumer insights, understanding of the markets and creative solutions. In addition, TricorBraun's advisory services range from preliminary planning and manufacturing oversight to an array of innovative warehousing and logistics programs.

About AEA Investors

AEA Investors LP was founded in 1968 by the Rockefeller, Mellon and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA's active individual investors (the "Participants") include an extraordinary network of more than 75 of the world's leading industrial families, business executives, and former government leaders. Today, AEA's approximately 70 investment professionals operate globally with offices in New York, Connecticut, London, Munich, and Shanghai. The firm manages funds that have approximately $10.0 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies and mezzanine and senior debt investments. AEA Private Equity invests across four sectors: value-added industrial products, specialty chemicals, consumer/retail and services.

About CHS

CHS is a Chicago-based private equity firm with over 25 years of experience investing in the middle market. Through partnerships with strong management teams, CHS aims to accelerate earnings growth and drive value creation through human capital initiatives, performance improvement actions and strategic growth initiatives. Throughout its history, CHS has made investments in over 400 businesses.

Forward-Looking Statements

Statements contained herein relating to future business and financial performance and future events or developments involving TricorBraun following the acquisition of TricorBraun by AEA Investors may constitute forward-looking statements. Such statements are based on the current expectations and certain assumptions of TricorBraun's management, of which many are beyond TricorBraun's control. These are subject to a number of risks, uncertainties and factors. Should one or more of these risks or uncertainties materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of TricorBraun may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement.

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http://www.tricorbraun.com