RLH has partnered with Jim Morley, a very talented and
experienced CEO, to seek acquisitions in the consumer
durables sector. Jim has built several successful enterprises
in that industry and RLH looks forward to helping him do so
again.

If you are aware of businesses or opportunities which fit the
criteria described below, please contact Michel Glouchevitch
at either mg@rlhequity.com or 310-405-7200. We look
forward to hearing your ideas, suggestions and referrals or
to discussing our consumer durables initiative in more detail.

SECTOR FOCUS

Within the multi-billion dollar consumer durables market,
segments of particular interest include:
> Home Improvement
> Lawn and Garden
> Storage and Organization
> Sporting Goods
> Outdoor Recreation
> Luggage and Travel Accessories
> Pet Products

ENTERPRISE CRITERIA

For this targeted initiative, we favor businesses having the following characteristics:
> Annual revenue of $50-400 million
> Broad distribution including the mass merchandiser channel
> Products with a retail price point of less than $250
> A well recognized brand
> Significant market share
> Sub-optimal financial performance, which offers a value creation opportunity

LEADERSHIP

We are privileged to partner with Jim on this initiative. He brings more than 25 years of outstanding
leadership in the consumer durables sector to our collaboration. His lengthy track record includes a
number of very successful business-building endeavors in which he partnered with Michel Glouchevitch,
who leads this initiative on behalf of RLH. Highlights of Jim’s career include

> Igloo Products: Re-engineered culture, revamped management, installed new enterprise IT systems,
developed global sourcing, and consolidated facilities into a new state-of-the-art plant, resulting in
EBITDA quadrupling during his tenure.

> Enviroworks: Developed innovative new products, combined operating locations into a new facility,
expanded sales in the mass channel, and strengthened leadership team, resulting in a dramatic EBITDA
turnaround.