FOR IMMEDIATE RELEASE

Carousel Capital Acquires Nestor Sales

August 3, 2005 - Charlotte, North Carolina and Largo, Florida -- Carousel Capital announced today an investment in Nestor Sales LLC, a leading distributor of maintenance, repair, operations and production (“MROP”) supplies and tools and equipment to manufacturers using composite materials and suppliers of automotive aftermarket products. Headquartered in Largo, Florida, Nestor has a customer base that includes some of the largest marine manufacturers, pool and spa manufacturers, automotive fleet service providers and automotive aftermarket suppliers.

Carousel Capital is partnering with the company’s existing management team, including CEO Michael Huling. Mr. Huling will remain in his position at the company and the management team will retain a significant ownership stake in the business.

“Our management team is thrilled to have the opportunity to partner with Carousel Capital,” said Huling. “We look forward to working closely with them as we continue to grow our business and execute our strategic plan.”

“We have been impressed with the leadership of Mike Huling and his team in building Nestor into a high quality and value-added supplier to its customers,” said Charles Grigg, Partner of Carousel Capital. “Nestor’s leadership position in its niche markets provides an excellent platform for future expansion and value creation.”

Carousel Capital funded the transaction with equity from its second investment fund, Carousel Capital Partners II. Harris Trust and Savings Bank provided the financing for the transaction.

About Carousel Capital

Carousel Capital is a private investment firm that invests in Southeastern-based companies. With more than $300 million of capital under management, Carousel is one of the largest private equity firms in the Southeastern U.S. Carousel’s investors include an elite group of more than 65 current and former CEOs with expertise in a diverse group of industries. Carousel’s investor base also includes institutional investors such as financial institutions, insurance companies and pension funds. Since its inception, Carousel has invested in 21 companies across a wide range of industries.

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