Daily News: May 14, 2012

Harris Williams Advises EAM in Sale to Domtar

Harris Williams & Co., a middle-market investment bank focused on the advisory needs of clients worldwide, announced the sale of EAM Corporation, a developer and manufacturer of high-quality absorbent core solutions to strategic buyer Domtar Corporation. EAM was a portfolio company of Kinderhook Industries. Harris Williams & Co. acted as the exclusive advisor to EAM. The transaction was led by Derek Lewis, Darwin Olympia and Marshall Croft from the firm’s Richmond office.

“EAM has built a strong reputation through its technical expertise, manufacturing excellence and culture of innovation. We are proud to have represented EAM and Kinderhook in this transaction and are confident that EAM will enhance Domtar’s growth and competitive position,” said Derek Lewis, a managing director at Harris Williams & Co.

EAM has two proprietary products, NovaThin(R) and NovaZorb(R), that serve customers in growing, global end markets that include feminine hygiene, adult incontinence, food packaging, medical, pet care and diapers.

Founded in 2003, Kinderhook is a private equity firm with $770 million of committed capital and an investment philosophy based on combining senior management and operating experience in a variety of industries with the financial and investment know-how of private equity professionals.