SureFire

More on the Magpul Investment

Last week, Rosser, Sherrill & Co (“BRS”), a New York-based private equity firm, announced that it has made a significant investment in Magpul Industries Corp. Fortunately, Magpul’s executive management team, consisting of founder/President Richard Fitzpatrick, VP of Product Development Michael Mayberry and COO Doug Smith, will continue to be significant shareholders following the transaction. Financial terms of the transaction were not disclosed but we do know that Triangle Capital Corp announced a $14.8 M investment last week as well. Additionally, we have heard that this investment equates to a majority share in Magpul.

Integris Partners acted as exclusive financial advisor to Magpul in this transaction. SunTrust Bank, Regions Bank and Triangle Capital provided financing for the transaction.

www.Magpul.com

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