H. I. G. Capital's National Product Services Acquires Huffy Service Solutions from the Huffy Corporation

New York, N. Y. - Valufinder Group, Inc., is pleased to announce that its client, H. I. G. Capital, through their holding in National Product Services (NPS), has acquired Huffy Service Solutions (HSS), a divestiture from Huffy Corporation.

NPS is a nationwide provider of outsourced merchandising services to major consumer product manufacturers and large retail chains. The company specializes in in-home and in-store assembly, and in-store product demonstration services for a variety of products, such as furniture, bicycles, and outdoor grills. HSS is the largest in-store assembly company in North America, with operations in all 50 states and Canada, under the names of Huffy Service First, Retail Service Pro and Creative Retail Services. HSS serves many of the same customers as NPS, including Lowe's, The Home Depot, Target, Wal-Mart and K-Mart.

H. I. G. informed Valufinder that it was seeking expansion opportunities for NPS. Utilizing its customized search engines, Valufinder cross-referenced NPS' acquisition criteria with its proprietary company database to identify several target opportunities for NPS, one of which was the HSS division of Huffy. H. I. G. was aware of HSS, but had been unsuccessful in attracting the attention of Huffy. Valufinder, having a long-term relationship with Huffy senior management, contacted them on behalf of H. I. G. and presented the idea for divesting this non-core division of their sporting goods company. Negotiations between the parties followed, leading to a successful transaction. HSS is the largest of six acquisitions for NPS.

Valufinder is an investment banking firm specializing in middle market mergers and acquisitions since 1979. Valufinder finds unique acquisition opportunities for financial and strategic buyers outside of the usual auction environment. Valufinder, or its professionals, have participated in more than 150 transactions totaling over $7.5 billion in enterprise value.

For more information contact Brian Levine, Senior Vice President, at 212-243-1133 or via email at blevine@valufindergroup.com.

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