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Sale of Boulder-Based Case Logic to KRG Capital Partners, is Complete

12 September 2000

Sale of Boulder-Based Case Logic to KRG Capital Partners, is Complete; Denver-Based KRG a Private Equity Investment Firm

    LONGMONT, Colo.--Sept. 12, 2000--The sale of Case Logic, a leading marketer and distributor of lifestyle-oriented accessory products, to KRG Capital Partners L.L.C., a Denver-based private equity investment firm, was finalized on Aug. 24. KRG purchased Case Logic from Netherlands-based parent company Hagemeyer N.V.
         "We expect our partnership with KRG Capital Partners, combined with our passion for providing outstanding products and services to customers and consumers throughout the world, will lead to significant growth in the years to come," said Peter Storz, President, Case Logic.
    KRG Capital Partners specializes in acquiring controlling interests in companies and growing them into larger enterprises through a combination of add-on acquisitions and internal growth. KRG seeks to form strong partnerships with management and employees to build industry-leading companies through add-on acquisitions and internal growth. KRG's capital has been committed from a prestigious group of institutional and individual investors. KRG manages more than $265 million of capital with an additional $500 million available.