News 2007

Chicago, IL – November 13, 2008; City Capital Advisors, LLC, a middle market investment bank, announced today that Unico Holdings has been acquired by Perrigo Co. for cash consideration slightly in excess of $50 million.

Transaction Summary

City Capital Advisors was hired as the exclusive financial advisor to Unico Holdings, a portfolio company owned by management and private equity firms Cardinal Growth and Chilmark Partners. City Capital contacted both strategic and financial buyers and managed a competitive process toward a fully-negotiated definitive agreement and  closing. Perrigo is a publicly held, global company headquartered in Michigan that develops, manufactures, and distributes private label health and personal care products for the store brand market and has a market capitalization of $3 billion.

About Unico Holdings, Inc. (Unico)

Unico is a Florida-based manufacturer and marketer of private label health and personal care products sold as store brands by leading domestic retailers such as Wal-Mart, Walgreens and CVS. Unico was acquired by Cardinal Growth, L.P. in a control recapitalization with the company’s CEO and founder in 2004. After successfully acquiring and integrating Unico’s largest competitor (owned by Chilmark Partners) in 2006, Unico grew dramatically to approximately $50 million in sales for 2008.

About City Capital Advisors, LLC

City Capital is a results-oriented investment and merchant banking advisory firm dedicated to delivering business owners optimal performance in capitalizing on the value of their companies. Client engagements are managed by experienced senior bankers who have built successful practices at renowned investment banks, but sought a highly focused environment from which to advise their clients in a highly responsive manner. Our capabilities include mergers and acquisitions, leveraged recapitalizations, private capital formation for growth/acquisition/ownership transition, and managing direct investments. Our long standing relationships with strategic buyers and financial investors with interests across a wide variety of industries enables City Capital to offer its clients unique and proprietary execution capabilities.

Investment and Merchant Banking

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