Sell Side Advisor

Duff & Phelps Advised TMI International, LLC on its Sale to River Associates Investments, LLC

TMI International, LLC (“TMI” or the “Company”), a portfolio company of ShoreView Industries, has been acquired by River Associates Investments, LLC. The transaction closed on October 21, 2014.

About TMI International, LLC

TMI is a vertically integrated, leading provider of over 3,000 highly engineered products and solutions for commercial and industrial workplace environments. The Company offers products such as industrial strip doors and soft wall curtains, engineered plastics and process isolation systems for cleanrooms and datacenters. The Company has a broad and diverse customer base, and benefits from a highly recurring demand cycle due to the harsh environments its products serve.

About River Associates Investments, LLC

River Associates Investments, LLC is a private equity firm focused on investing in manufacturing, high-margin distribution, industrial services and select retail businesses in the middle-market. The firm is currently investing its sixth fund with $222 million of committed capital and will invest throughout North America. River Associates Investments, LLC was founded in 1989 and is headquartered in Chattanooga, Tennessee.

About ShoreView Industries

ShoreView Industries, based in Minneapolis, manages $900 million in private equity funds. The firm invests in established, middle-market companies with operations in North America, across a wide range of industries. ShoreView Industries structures a variety of acquisition, recapitalization and build-up transactions, typically in businesses with revenues ranging from $20 million to $300 million.

Transaction Role

Duff & Phelps served as exclusive financial advisor to the shareholders of TMI in connection with the sale transaction.


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