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Guardian Capital Partners Announces Recent M&A Activities

Wayne, PA -- January 1, 2013 -- Guardian Capital Partners announces the acquisition of Kwik Tek Inc. and the sale of Sure Fit Inc.

Acquisition of Kwik Tek Inc.
On December 27, 2013, Guardian Capital Partners partnered with management to complete the acquisition of Kwik Tek. Inc.  Headquartered in Denver, CO, Kwik Tek (www.kwiktek.com) is the leading designer and supplier of branded products for the recreational water sport and snow market, including towables, inflatables, wakeboards, water skis, kneeboards, life jackets, tow ropes and other related products. Under its two primary brands, Airhead and Sportsstuff, the Company has become recognized for its quality, innovation and value. Kwik Tek sells predominantly through sporting good chains, outdoor chains, mass retailers, marine distributors and e-commerce channels.

Investment banking firm Integris Partners advised Kwik Tek Inc. The law firm Duane Morris LLP provided legal services to GCP. JP Morgan Chase Bank provided senior debt financing for the transaction and Yukon Partners and Bowside Capital provided additional financing and minority equity.

Sale of Sure Fit Inc.
On December 21, 2012 Guardian Capital Partners completed the sale of Sure Fit Inc. to Focus Products Group International, LLC, a portfolio company of private equity firm, Centre Lane Partners.

Sure Fit is a leading provider of ready-made slipcovers and other related products to the home d├ęcor market. With valuable patent protection, strong brand equity and leading market share, the Company develops, sources and markets its products to a diverse customer base in a variety of channels, including the nation's largest brick and mortar retailers and their captive websites, third-party e-commerce and catalogs, QVC and a Company-run, high growth, direct-to-consumer platform. Additional information is available at www.surefit.com.

Lincoln International acted as the exclusive financial advisor to Sure Fit. Duane Morris LLP provided legal services to Sure Fit. Terms of the transaction are not disclosed.