Southfield Capital Announces Dividend Recapitalization of RCR International, Inc.
August 16, 2012
Greenwich, CT - Southfield Capital Advisors, a private investment firm focused on
the lower middle-market, announced today that its portfolio company RCR International,
Inc. (“RCR”) has completed a dividend recapitalization. Based in Boucherville, Quebec,
RCR is a leading manufacturer and value-added distributor of insulation, flooring
and utility products for the professional and do-it-yourself markets. The terms
of the transaction were not disclosed.
“The consistent earnings generated from a well-executed business plan allowed RCR
to repay substantially all of its debt and provided us the opportunity for a dividend
recapitalization” said Vince Tyra, Chairman of RCR, “In addition, we are comfortable
with André Daigle's future plans for the company and believe it is very well-positioned
to continue to create value for shareholders going forward.”
About Southfield Capital
Southfield Capital is a private equity firm that invests in exceptional, growing companies in the
lower middle market. The firm makes control investments in North American companies
generating $4 - 12
million in EBITDA with proven business models, attractive growth and
profitability trends, and strong leadership. For more information, please visit
About RCR International, Inc.
Founded in 1946, RCR International, Inc. is recognized as a pioneer in the door
and window insulation market. RCR is a prime manufacturer and value-added distributor
of over 2,000 products including weatherstripping, insulation components, floor
protection products, squeegees and other products for professionals and do-it-yourselfers.
RCR has dominant market share in Canada. In addition, RCR distributes its consumer
products in the U.S. through its wholly-owned subsidiary, W.J. Dennis.
Andy Cook, Principal