Trivest Partners Completes Recapitalization Of Am Conservation Group, Inc.

Trivest Partners Completes Recapitalization Of Am Conservation Group, Inc.

MIAMI, FL – (December 14, 2010) Trivest Partners (“Trivest”) today announced that it has recapitalized AM Conservation Group, Inc.  (“AM” or the “Company”), a rapidly growing designer, importer and supplier of energy and water conservation products.  AM’s management team, led by Founder Paul Cutler, will continue as owners in the business and lead the day-to-day operations of the Company.

AM sells a broad range of high quality products that are used to implement conservation programs sponsored by utilities, energy service companies (“ESCOs”), water purveyors, government agencies and universities.  The Company markets and sells a broad array of products that are focused on reducing power and water demand at the end user’s premises.  The Company’s key product categories include energy efficient lighting, weatherization, energy and water conservation and customized conservation kits.  AM is unique in its product strategy due to the breadth of its offering and the Company’s exclusive focus on the conservation market.  Additionally, AM is committed to developing proprietary products that differentiate the Company from its competitors.

Paul Cutler, AM’s President and Founder stated, “From day one, the Trivest team demonstrated a keen understanding of the factors that will drive AM’s future success.  This transaction provides the Company with the resources we need to aggressively implement our growth strategy.  In the near term, we plan to expand our facility by 15,000 square feet and increase our headcount to better serve our customers and continue providing a superior buying experience.  We also plan to leverage Trivest’s strong retail relationships to drive new product sales.  We look forward to working with Trivest and executing our strategy together.”

Troy Templeton, Trivest’s Managing Partner stated, “We are very excited about our partnership with AM.  The Company’s strong cash flow, history of growth and highly diversified customer base perfectly align AM with businesses that Trivest has successfully partnered with in the past.  In addition, with the growing focus on conservation and green practices in North America and around the world, the Company is poised for significant future growth.  We are delighted to be part of the AM story and look forward to the Company’s continued success.”

Trivest Fund IV, with $325 million in commitments, and Paul Cutler provided the equity for the transaction.  Woodbridge Group, based in New Jersey, acted as the financial advisor on the transaction and Pepper Hamilton provided legal counsel to Trivest.

Trivest Partners is a private investment firm that focuses on partnering with founder/family owned businesses in the United States and Canada.  Since its founding in 1981, Trivest has completed more than 150 transactions totaling more than $4.5 billion in value.  For additional information, please visit www.trivest.com.