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July 26, 2005

CIVC Exits Norcross Safety Products

CIVC Partners is pleased to announce the successful sale of Norcross Safety Products LLC. CIVC, along with an investor group including Trimaran Capital Partners and John Hancock Life Insurance Company, recently completed the sale of Norcross to Odyssey Investment Partners LLC for $472 million.

Norcross Safety Products is a leading designer, manufacturer and marketer of branded products in the personal protection equipment industry. Norcross’s brands are leaders in the hand protection, respiratory, fire safety, and utility markets worldwide.

CIVC’s initial investment in 1998 augmented capital from existing owners and enabled Norcross to purchase North Safety Products, one of the largest producers and distributors of branded safety products worldwide. Over the next seven years, Norcross continued to leverage its distribution network via complementary product acquisitions in the industrial safety products markets. Much of Norcross’s success can be attributed to the excellent integration track record of the Company’s senior management team, led by Bob Peterson and David Myers, who have led the business since its inception. As a result of acquisitions and organic growth, the Company grew steadily from $293 million in revenue at the time of CIVC’s original investment to over $440 million today.

CSFB and UBS advised the company in the sale process.

CIVC Partners, a leader in private equity investing for over 35 years, manages $1 billion in private equity capital and currently invests from a $650 million fund closed in 2003. CIVC Partners provides growth and buyout capital to middle-market companies and executives with a focus on business services, financial services, media and communications, and industrial growth.

For more information, please contact:

CIVC Partners, L.P.
Marcus Wedner
312 873 7320

Press Contact

Patty Walker
CIVC Partners, LP
191 North Wacker Drive
Suite 1100
Chicago, Illinois 60606
Telephone: 312 873 7300

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