September 30, 2011
Ellipse Capital Announces Equity Investment in GPA

Ellipse Capital announced that it has completed an equity investment in GPA Holdings (“GPA”). The transaction represents a partnership between Ellipse Capital, Svoboda Capital, Northstar Capital and the management team of GPA. Terms of the transaction were not disclosed.

GPA (www.askgpa.com) is the largest independent marketer and value-added distributor of specialty printable substrates in North America. Headquartered in McCook, Illinois, the company sells specialty labels, paper, substrates and films and provides technical knowledge to the printing and graphic arts industry across the country.

Peter Gotsch, Managing Partner of Ellipse Capital, said, “We look forward to partnering with the management team of GPA and Svoboda Capital to build on the strong track record of success at GPA. The company is in a unique position to achieve meaningful growth over the next several years.”

Ellipse Capital is a private investment firm focused exclusively on value-added distribution businesses across a broad range of end-markets. Ellipse sources and invests in growth oriented, lower middle market distribution businesses valued between $15-$75 million.