Comar recaps Graham Partners

Comar has announced the successful recapitalization with private investment firm Graham Partners. The transaction, and Graham’s partnership with Comar’s management, will provide access to additional capital and resources to support Comar’s global expansion plans and further broaden the Company’s product development and manufacturing capabilities in North America.

PRESS RELEASE

Comar, Inc is pleased to announce its
successful recapitalization with private investment firm Graham Partners (Graham). The transaction, and
Graham’s partnership with Comar’s management, will provide access to additional capital and resources to
support Comar’s global expansion plans and further broaden the Company’s product development and
manufacturing capabilities in North America.
Founded in 1949, Comar is a market leading designer and manufacturer of innovative packaging solutions
and liquid dispensing products, serving the pharmaceutical, diagnostic, health, and personal care markets.
The Company currently has manufacturing locations in Buena, New Jersey and Cayey, Puerto Rico and its
major product lines include oral dispensers, dropper assemblies, dosing devices, closures, bottles, and other
custom pharmaceutical and healthcare related solutions.
Michael Ruggieri, President and a Comar Shareholder, commented on the partnership, “For over sixty years,
Comar has been family-owned and focused primarily in North America. As we look to the future, our strategic
plans include geographical expansion to serve our customers on a more global scale, as well as continuing to
strengthen our leadership position in North America. We are very excited about our new partnership with
Graham, who brings significant experience in plastic packaging and leading companies through international
expansion. We have a great team of employees at Comar and I am very excited about the opportunity to lead
such an extraordinary company into the next chapter of its history.” Michael Ruggieri will continue to lead
Comar as its President & CEO and remain a significant Comar shareholder.
Graham Partners is a private investment firm focused on investing in businesses with advanced
manufacturing know-how, innovative product development capabilities, and strong growth potential. Based in
suburban Philadelphia, the firm has access to extensive operating resources and industrial expertise as a
member of The Graham Group, an alliance of independently owned and operated industrial and investment
management businesses that share in the common legacy of plastic packaging entrepreneur Donald C.
Graham.
Adam Piatkowski, Managing Principal of Graham Partners, noted, “We are excited to partner with the Comar
team and look forward to utilizing Graham’s industry knowledge to build on Comar’s strong capabilities and
take the Company to the next level of growth and expand its geographical footprint.” Since the firm’s
founding in 1988, Graham has closed over sixty acquisitions, joint ventures, financing and divestitures.
P&M Corporate Finance served as financial advisor to Comar in the recapitalization and will
continue to assist the Company in pursuing acquisition candidates in North America and Europe

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