CPAC, Inc. secures a $15.0 million refinancing

CHICAGO, IL March 31, 2010 — Lincoln International, a leading global mid-market investment bank, announced today the successful close of $15.0 million in total financing for CPAC, Inc. (“CPAC” or the “Company”), a leading provider of household and industrial cleaning products and branded and private label chemicals. The refinancing consisted of a $15.0 million Unitranche Facility provided by Victory Park Capital Advisors, LLC. The financing was used to repay the Company’s existing indebtedness.

Lincoln International acted as the exclusive financial advisor to the Company and privately placed the $15.0 million Unitranche Facility. Lincoln International worked closely with the Company’s financial sponsor, Buckingham Capital Partners (“Buckingham”) and CPAC’s management team on all aspects of the transaction, helping to structure, arrange and negotiate the financing. “By utilizing Lincoln’s financing relationships and expertise, we were able to close our refinancing quickly and efficiently. Timing was critical and Lincoln’s involvement enabled us to deliver a strong result for our limited partners while positioning the Company to execute on its near-term marketing initiatives,’ said Shail Sheth, Managing Partner and Co-Founder of Buckingham.

Bob Horak, Managing Director at Lincoln, made the following comments about the transaction, “The completion of the CPAC refinancing marks our sixth transaction with Buckingham. We are especially proud of this long-term relationship and what it says about the value Lincoln provides to financial sponsors.”