Profile Products LLC

• Headquartered in Buffalo Grove, IL, Profile Products LLC (“Profile Products” or the “Company”) is a manufacturer of erosion control, sediment control, vegetation establishment, daily cover and clay-based products serving a diverse set of end markets
• Diverse geographic presence and limited product, customer or end market concentration
• Platte River acquired Profile Products in May 2015 and sold the company to Incline Equity Partners in December 2018

• Industry: Growing market with increasing share as hydraulic wood mulch is more cost effective than competing technologies (substantial intellectual property providing additional barrier to entry)
• Opportunity: New products, new end markets, international growth and tuck-in acquisitions
• Strategy: Invest behind developing new horticulture product line; consolidate smaller niche players to expand market presence; and build new facility to provide ample excess capacity for long term growth

Completed three strategic add-on acquisitions, strengthening the company’s market position:

• Commercialized new transformative product (Hydrafiber) serving the horticulture market
• Expanded the Company’s manufacturing operations to support growth
• In less than four years, Profile grew net sales 65%, increased profit margins by 500 bps and more than doubled its EBITDA