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Rock Hill Capital Announces the Merger of Core International, LLC and Javelina Oilfield, Inc.

October 23, 2019

HOUSTON--(BUSINESS WIRE)--Oct 23, 2019--

Rock Hill Capital Group (“Rock Hill”) today announced that Core International, LLC (“Core”), a Fund II portfolio company, has merged with Javelina Oilfield, Inc. (“Javelina”). Core is a Houston-based supplier of highly engineered rubber components and supply chain solutions to a variety of industrial end-users. Javelina specializes in the distribution of engineered rubber and metal components to the oil and gas market. The Core-Javelina merger combines the high-quality, ISO-certified manufacturing of Core, with the best-in-class sales and distribution team of Javelina. Core Javelina Holdings, LLC (“Core Javelina”), the new entity formed to effectuate the transaction, will continue to operate as Core for its make-to-order industrial customers and will be branded Javelina for its oil and gas distribution business.

“Putting these two businesses together makes complete strategic sense for both companies and for our customers,” said Rock Hill’s Operating Partner, Mike Baldwin. “Core benefits from Javelina’s sales expertise and customer relationships, and Javelina benefits from Core’s ability to deliver high-quality engineered rubber parts for the combined company globally,” said Phillip Meyer, President of Core Javelina. Chad Myers, CEO of Core Javelina added, “Rock Hill understands our business, industry and most importantly our people. We are excited to work toward completing the consolidation and continuing to grow the Company with the Rock Hill team as our partner.”

Financing for the transaction was provided by Veritex Bank, and legal representation was provided by Winston & Strawn LLP.

About Rock Hill Capital

Rock Hill Capital, founded in 2007 and headquartered in Houston, Texas, is a private equity firm that invests in small-to-lower middle market companies located in the South and Southeast U.S. Rock Hill is currently investing out of its third committed capital fund totaling $150MM focusing on companies in the industrial products and services industries. Take a deeper look at Rock Hill Capital and what makes our investments successful by visiting www.rockhillcap.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191023005253/en/

CONTACT: Core Javelina Contact:

Chad Myers

281.948.2077

cmyers@javelinaoilfield.comMedia Contact & Deal Referral

Grant Jungeblut

713.715.7509

gjungeblut@rockhillcap.com

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: CHEMICALS/PLASTICS OTHER ENERGY OIL/GAS MANUFACTURING ENERGY OTHER MANUFACTURING

SOURCE: Rock Hill Capital Group

Copyright Business Wire 2019.

PUB: 10/23/2019 06:00 AM/DISC: 10/23/2019 06:01 AM

http://www.businesswire.com/news/home/20191023005253/en