FMN | October 30th, 2017

Snow Phipps Group Acquires Brook and Whittle Snow Phipps Group has completed its acquisition of Brook and Whittle Holdings, Corp., North Bran- ford, Connecticut, from RFE Investment Partners and Charter Oak Equity. Brook and Whittle provides prime labels in pressure sensitive and shrink sleeve formats to consumer and medical end markets. Terms of the transaction were not disclosed. Snow Phipps will partner with the existing Brook and Whittle management team led by Co-founder Steve Stewart. Leadership Changes Snow Phipps Operating Partner Don Sturdivant will join Brook and Whittle as the non-executive Chair- man of the Board of Directors. Sturdivant was hired by Snow Phipps as an Operating Partner in Septem- ber 2016 to focus on the packaging industry. Sturdivant has served in leadership roles at Graphic Packaging,Altivity and Fort James. Gordon Bonfield, an advisor to Snow Phipps, will also join the Board of Directors. Bonfield served as CEO of Multi-Color and previously served in leader- ship capacities at R.A. Jones and Ivex Packaging.

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