Jennmar Intermediate Holdings, Inc.

KPS Capital Partners - Jennmar

Investment funds managed or advised by affiliates of KPS Capital Partners, LP (KPS) propose to, indirectly through Three Rivers Purchaser, LLC (Three Rivers), acquire sole control of Jennmar Super Holdings, LLC and Jennmar Intermediate Holdings, Inc. and their respective subsidiaries and joint ventures (collectively, Jennmar) from funds managed or advised by affiliates of Falcon Point Partners and trusts held by or for the benefit of Mr Calandra or family members thereof (collectively, the Sellers). The Sellers will each indirectly acquire non-controlling, minority interests in Three Rivers. In Australia, Jennmar manufactures and supplies steel and chemical ground support products for use in underground mining and tunnelling such as rock bolts, cable bolts, plate, and related products such as mesh, resins and grout. KPS is a US private investment company. Through its affiliated management entities, it is the manager of the KPS Special Situations Funds. The partners of KPS work to realise significant capital appreciation by making controlling equity investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, healthcare and luxury products, automotive parts, capital equipment and general manufacturing.