Quarton Partners Advises BB&T Capital Partners In The Sale Of Cline Acquisition Corporation To Rexnord Corporation

     Quarton Partners Advises BB&T Capital Partners In The Sale Of Cline
                Acquisition Corporation To Rexnord Corporation

PR Newswire

BIRMINGHAM, Mich., Feb. 13, 2013

BIRMINGHAM, Mich., Feb. 13, 2013 /PRNewswire/ --Quarton Partners is pleased
to announce that BB&T Capital Partners has sold Cline Acquisition Corp.
("Cline") to Rexnord Corporation (NYSE: RXN). Cline is a provider of
aftermarket power transmission parts and services to the pulp and paper, steel
and other end markets. Cline's full service aftermarket capabilities include
inspection and repair, rebuild, predictive and preventative maintenance and
other on-site technical field services. Quarton Partners acted as the
exclusive financial advisor to Cline in this transaction.

Bob Buchanan, President and CEO of Cline, commented on the sale, "Quarton
Partners ran a high quality process under a demanding timeline. With Quarton
Partners' knowledge of the power transmission sector they were able to deliver
several strategic buyers to the table which ultimately allowed us to choose a
strategic partner that shares our vision for growing the business and
dedication to world-class customer service."

Cline (www.theclineco.com) is a high quality provider of aftermarket power
transmission services to the pulp and paper, steel and other end markets.
Cline specializes in providing full-service power transmission solutions and
has a high degree of technical expertise for mission critical industrial drive
shafts, clutches and brakes that are used in production equipment. Cline is
based in Taylors, South Carolina.

BB&T Capital Partners (www.bbtcp.com) is a private equity firm located in
Winston-Salem, North Carolina. BB&T is an investment arm of BB&T Corporation
and principally targets companies in business, government, healthcare and
industrial services, niche manufacturing, value-added distribution and
education.

Rexnord (www.rexnord.com) is a global industrial manufacturer comprised of two
strategic platforms, Process & Motion Control and Water Management, with
approximately 7,300 employees worldwide. The Process & Motion Control platform
designs, manufactures, markets and services specified, highly-engineered
mechanical components used within complex systems. The Water Management
platform designs, procures, manufactures and markets products that provide and
enhance water quality, safety, flow control and conservation. Rexnord is
headquartered in Milwaukee, Wisconsin.

ABOUT QUARTON PARTNERS

Quarton Partners (www.quartonpartners.com), headquartered in Birmingham,
Michigan, is a premier middle market investment banking firm, serving
privately held and publicly traded companies, as well as private equity firms.
Quarton Partners assists its clients with mergers and acquisitions, private
capital raising, restructurings, valuations and other financial advisory
services. Its principals have successfully completed hundreds of engagements
in a variety of industries across the U.S. and throughout the world. Quarton
Partners is an affiliate of Spearhead Capital, LLC.

SOURCE Quarton Partners

Website: http://www.quartonpartners.com
Contact: Rob Parker, Quarton Partners, +1-248-594-0400
 
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