SUPERIOR CAPITAL PARTNERS COMPLETES TWO INVESTMENTS TO FORM A NEW PLATFORM IN THE USER-INTERFACE AND PRODUCT IDENTIFICATION INDUSTRY
Summary
Detroit, MI, April 4, 2011 — Superior Capital Partners LLC, a Detroit-based private equity firm, announced today that it has recapitalized two businesses in the user-interface and product identification industry. The combination of Nelson Nameplate and Miller Dial will be led by new CEO David Bland, an experienced leader in the electronic and mechanical components industry. Nelson and Miller, both based in the Los Angeles area, design, manufacture and source customized membrane switches, graphic overlays, nameplates, rubber keypads, touchscreens and other user-interface and product identification solutions. The two companies complement each other very well and have tremendous potential synergies in product and technology development, rapid prototyping, manufacturing and sourcing. The outstanding resources we have in design, technology, sourcing and manufacturing allow us to serve our customers’ needs better than anyone in the industry.” As a special situations fund, Superior combines capital, transaction experience and operational improvement expertise with proven management teams who have the vision, capability and commitment to successfully improve and grow their businesses.