Custom HBC Engages The Transition Companies

Dallas, TX, May 15, 2010 --(PR.com)-- The Transition Companies (“TTC”) is proud to announce that it has been retained by Custom HBC to explore private equity options and implement corporate development strategies. Custom HBC retained TTC in response to interest from private equity groups.

In 2007 and 2008, Custom HBC was recognized as one of the fastest 500 growing private companies in the U.S. by Entrepreneur and INC. Magazine. Custom HBC is receiving interest because it grew during the recession despite the fact the rest of its industry was down roughly 15-30% overall. “Private equity firms and other strategic investors will be interested in capitalizing on the business model that propelled our growth while other companies declined,” said Larry Wilhelm, CEO and President of Custom HBC.

Custom HBC, which expects about $10 to $12 million in annual revenue in 2010, expects to complete a PE deal by year-end or early next year. Mr. Wilhelm is primarily interested in a capital infusion to help it continue to grow at 20-30% per year, but could also use the funds for acquisitions and to develop new products and processes.

“The decision to engage TTC makes perfect sense for a private company like Custom HBC. TTC’s extensive M&A experience will empower Custom HBC to broaden its resources and further strengthen its position in the promotional products sector with its health and beauty products specialization,” said Gene Sartin, CEO and President of TTC.

Founded in 2000 by Mr. Wilhelm and headquartered in Waconia, Minnesota, Custom HBC is a manufacturer of health and beauty products which are custom produced and then sold through as promotional products. Custom HBC employs 60 people, targets the healthcare, education, Pharma and financial services end user markets offering approximately 2000 different products. Custom HBC has made 2 acquisitions in the last several years, both of which provided consumable type products sold through as promotional items.

The Transition Companies LLC provides complete M&A advisory and transition strategies for owners of privately-held companies seeking to maximize the proceeds from the sale of all or part of their companies. Additionally, TTC provides on-site Business Optimization Professionals who develop executable strategies and then implement those strategies on a tactical basis to provide sustainable growth for its business owner clients. In this way TTC can increase a company’s earnings now and the business enterprise value of the company for a future sale.

Originally founded in 1988, The Transition Companies LLC is headquartered in Dallas, Texas with offices in Colorado, New Jersey, California, Ontario, Canada and Houston, Texas. TTC has over 100 Associates nationwide.

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