Description: Protective Industries is the leading designer, manufacturer and marketer of injection-molded plastic and vinyl protection products in North America.

The Company manufactures a full line of catalog and custom protective products that are used in a wide variety of industrial applications and include caps, plugs, edge liners and grommets, wrap-around tapes and discs, netting and tubing, which are marketed under the brand names Caplugs® and Niagara®.

Protective Industries produces in excess of 10 million pieces per day, distributes 2.6 billion pieces annually, stocks more than 14,000 different part numbers and inventories close to 400 million pieces. These plastic products are vital for product protection during production, packaging and shipping processes.

Background/Purpose: Protective Industries was owned by a group of individual investors who were seeking liquidity after purchasing the Company in 2001. ShoreView partnered with Protective Industries’ management team and structured a transaction that enabled the shareholders to realize a return on their investment and the management team to significantly increase its equity ownership. ShoreView is committed to assist the Company in its pursuit of strategic acquisition opportunities, both domestically and internationally.

Growth Strategy:

• Continue to organically grow Protective Industries’ broad product offering
• Pursue complementary add-on acquisitions to expand the Company’s product line,
  manufacturing capabilities and geographic markets

Results:

• Protective Industries is well positioned to continue it's impressive history of growth and
  profitability
• Wealth creation opportunity exists for senior management team