RFE Investment Partners Sells ShelterLogic to Webster Capital

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New Canaan, CT – June 22, 2018 – RFE Investment Partners (“RFE”) has sold its portfolio company, ShelterLogic Corp. (“ShelterLogic” or the “Company”), to Webster Capital. As part of the acquisition, Webster Capital formed ShelterLogic Group, which comprises ShelterLogic Corp., Sojag and RIO Brands. The ShelterLogic management team will continue to lead the newly formed organization. Headquartered in Watertown, Connecticut, ShelterLogic is the leading developer, manufacturer and distributor of a wide variety of shade, shelter, and outdoor storage products across the globe. With established global manufacturing, sourcing and distribution infrastructure in North America and China (including two owned production facilities in China), the Company has leveraged its value proposition to establish decades-long relationships across a diverse array of retail channels, such as home improvement, farm & fleet, mass, automotive, and sporting goods across both brick-and-mortar and e-tailers. ShelterLogic’s sophisticated distribution capabilities uniquely allow the Company to provide a comprehensive ecommerce solution to drive online sales for both brick-and-mortar and e-tailer customers. ShelterLogic further consolidated its market leadership and distribution reach through its acquisition of Arrow Products in 2015, the #1 brand in the U.S. steel shed market, and QuikShade in 2017, the #1 brand in the U.S. pop-up canopy market. The combined Company formed the leading supplier of outdoor storage products. RFE and management worked seamlessly to build a proven acquisition platform with a global distribution infrastructure and comprehensive shipping capabilities, resulting in significant value creation and a successful sale process. DECADES OF RECOGNIZING GROWTH OPPORTUNITIES RFE is a seasoned team of business owners who partner with entrepreneurial management teams seeking to grow their businesses in the lower middle market. RFE has over three decades of recognizing growth opportunities, and our approach is simple: find good companies and help them reach their true potential. RFE PURSUES GROWTH STRATEGIES IN NORTH AMERICAN SMALL MARKET COMPANIES. We make control investments in businesses with initial enterprise values of $20 million to $150 million. The RFE team then works collaboratively with management to identify actionable channels of growth, both organically and through add-on acquisitions. Management will also have access to a network of operations and human capital resources that are available to support the team throughout the investment lifecycle. THE FOUNDATION OF OUR SUCCESS IS THE QUALITY OF OUR TEAM AND THE ENDURING RELATIONSHIPS WE FORM. RFE's Managing Directors have worked together an average of 21 years and average 26 years of private equity experience. RFE Investment Partners 36 Grove St New Canaan, CT, 06840 (203) 966-2800 www.rfeip.com