December, 1998
River Capital and Management Acquire American Threshold Industries, Inc.

River Capital, an Atlanta-based private investment firm, has partnered with management to acquire American Threshold Industries, Inc. (“American Threshold”). The purchase price was not disclosed.

American Threshold, headquartered in Enka, North Carolina, is a leading developer, manufacturer and marketer of disposable, nonwoven protection products used in a broad healthcare market, controlled manufacturing and testing environments. In the healthcare market, the Company’s products are primarily sold to hospitals, dental and alternative sites. In the manufacturing and testing markets, the Company’s products are primarily sold to cleanrooms, laboratories, and industrial sites. The Company’s products include face masks, sterilization wrap, gowns, footwear, headwear, and other products.

Jerry Wethington, Managing Partner at River Capital, said “We are excited to partner with American Threshold’s management team and support the Company’s continued growth, both organically and through subsequent acquisitions.”

River Capital is one of the oldest firms of its type in the Southeast and has acquired companies in a broad range of industries with combined annual revenues in excess of $600 million. River Capital primarily invests in light manufacturing, distribution and select service companies with purchase prices of $10 million to $50 million. For add-on acquisition candidates, the firm will consider companies with a purchase price less than $10 million.