Inverness Graham Completes the Sale of Danville Materials Seventh Exit in 24 Months

Philadelphia, PA, February 1, 2016 – Inverness Graham, a private investment firm based in suburban Philadelphia, is pleased to announce the sale of Danville Materials LLC (“Danville”), a leading manufacturer of consumable restorative products and small equipment for the dental market, to ZEST Anchors, Inc. This marks the fourth exit for Inverness Graham in the last year and the seventh exit in the last 24 months.

Inverness Graham acquired Danville in December 2013 in a proprietary transaction after a proactive search in the dental industry for consumable product manufacturers. Industry veteran Garrett Sato partnered with Inverness and joined as Chairman and CEO, alongside Danville co‐founder, Craig Bruns, who remained as President.

“We are extremely pleased at what the team accomplished at Danville during our two year hold,” stated Michael Morrissey, Managing Principal of Inverness Graham. “By executing a focused organic and acquisitive approach, we were able to strategically transform the company, accelerate growth and introduce a range of exciting new products, all while doubling EBITDA. The growth, the strength of the product line and the exceptional management team makes Danville a great addition for ZEST Anchors.”

Garrett Sato, Chairman and CEO of Danville, said “Inverness Graham’s support and experience was well aligned with our needs as we invested in products and people to drive and support our rapid growth. We’re excited for the next chapter as part of the Zest Anchors platform.”

Though financial terms were not disclosed, Drinker Biddle & Reath served as counsel to Danville and Inverness Graham.

About Inverness Graham Investments

Headquartered in Newtown Square, PA, Inverness Graham is an operationally focused private investment firm with over $500 million of assets under management. Inverness Graham acquires high growth, innovative manufacturing and services companies. Our approach is as unique as our heritage. Founded by senior executives of the Graham Group, a family owned multi‐national industrial concern, we bring unparalleled resources developed over a 50 year operating history to support our portfolio companies. Inverness Graham partners with businesses to provide the financial and operational support necessary to accelerate growth while enabling owners to achieve their key liquidity objectives.