Investing in middle market companies
in partnership with management

Prior Investment-PLEDGE FUND

Acquisition date:  December 19, 2005
Disposition date:  December 31, 2009

Vertically integrated distributor and manufacturer of automotive fluids and related aftermarket products sold to a diverse base of customers in the convenience store, automotive, mass market, farm store and other retail channels

Based in Medina (Minneapolis), Minnesota, Twinco-Romax, LLC ("Twinco") established a strong market position in the upper Midwest by combining a broad product line of company-owned and national brands with innovative merchandising and other value-added services that drive enhanced sales and profit margins for its customers. Twinco's brands include Zecol, Monster Garage, Incredible Orange, Power Blast, PolyGuard and Purple Power.

Clearview's investment in the business allowed the owners to diversify their net worth while maintaining a large equity stake and operational control. Clearview was chosen as a partner by Twinco in part due to our willingness and ability to provide strategic and operational assistance to the company.

The transaction closed on December 19, 2005. Clearview invested equity from Clearview's Pledge Fund. Senior debt was provided by Wells Fargo and mezzanine financing by Northstar Mezzanine, both based in Minneapolis.

Clearview sold Twinco to Shoreview Industries on December 31, 2009.