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RectorSeal® Acquires SureSeal®, the Market-Leading Manufacturer of Waterless Floor Drain Trap Seals.
The acquisition positions RectorSeal as the leader in waterless trap seal protection, a high growth segment of the plumbing market.

Houston--RectorSeal® Corp., a leading manufacturer of quality plumbing and HVAC/R products, acquired selected assets and the SureSeal® brand from SureSeal Manufacturing (SSM), Tacoma, Wash., on Jan. 2.

SSM manufactures and distributes SureSeal, the leading brand of waterless floor drain trap seals. “SureSeal is established as the premier brand in this category, therefore it’s a natural fit that provides RectorSeal with an outstanding growth opportunity.” said David Smith, president, RectorSeal, Houston.

The SSM product line consists of ASSE-1072-certified SureSeal floor drain trap seals (aka waterless trap primers) and two upcoming products.

"We are excited to expand our relationship with RectorSeal, because they have the industry connections, distribution network, and organizational resources that are key to taking SureSeal to the next level and beyond," said Kevin Huber, senior vice-president-- business development of the surviving company renamed Specialty Plumbing Products Manufacturing LLC (SPP).

The SureSeal acquisition is the second transaction between RectorSeal and the team responsible for creating SureSeal, Don Huber, vice president--manufacturing & product development, and Al Stakset (retired). Huber and Stakset co-invented the Hubsett™ product line of test couplings that was sold to RectorSeal in 2001..

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While SureSeal started as a retrofit product, its use is now approved by two of the three national model plumbing codes for use as an alternative to trap primers for blocking sewer gas backflow though floor drains into occupied spaces. Sewer gas is a dangerous threat to public health and believed to cause and spread deadly diseases, such as SARS and Legionnaires' Disease.

SPP will continue manufacturing the product line for RectorSeal from its Tacoma production facilities. SureSeal’s former national sales manager, Rick Ensley will administer the brand from RectorSeal's Houston headquarters as its product line manager. The acquisition also contracts both Hubers and Jorge Duque, CFO, to remain in three-year-long advisory roles for a seamless transition.

RectorSeal, which is a portfolio company of investment group Capital Southwest Corp., Dallas, Texas, has actively acquired other companies and brands in the last four years.

Acquisitions include:
• Airtec, a conglomerate of brands that include Aspen® Pumps, Fortress™ and Big Foot Systems;
• AquaGuard® condensate management float switch product line, and Goliath® and Titan™ brands of plastic condensate overflow pans from Resource Conservation Technologies (RCT);
• Glue-On- Nozzle (G-O-N) a nickel-bronze downspout product line for commercial building roof drains;
• and recently Australian-based Evolve Group's Evo-Crete™ and PolySlab™ brands.

The www.thesureseal.com website will continue to operate. SureSeal will continue to be sold through traditional wholesalers serving the PHC and HVAC/R markets and is now supported by RectorSeal customer and technical support departments at 800-231-3345.
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About RectorSeal: The RectorSeal® Corporation is a leading manufacturer of chemical and specialty products designed for professional tradesmen. Steady growth over the years has been maintained through a commitment to providing high quality products and services. With a diversified business strategy, RectorSeal aggressively pursues new and unique technologies to serve the plumbing, heating, air conditioning, electrical and construction industries. The RectorSeal Corporation is devoted to providing innovative quality products supported by strong customer and technical service.

For more information, visit www.rectorseal.com, email: marketing@rectorseal.com or call (800) 231-3345.

About Capital Southwest CorporationCapital Southwest Corporation (Nasdaq:CSWC) is a Dallas, Texas based publicly traded business development company, with approximately $750 million in assets, whose objective is to achieve current income and capital appreciation through investments in privately held businesses. On December 2, 2014, Capital Southwest announced its intent to separate into two public companies through the spinoff of certain of its control assets into a diversified growth company and the refocusing of the BDC on lending to strong middle market companies. As a result, our new investment activity is focused on senior “unitranche” debt, subordinated debt and equity co-investments to support the acquisition and growth of middle market companies. Our control companies are actively seeking growth through strategic acquisitions. Since Capital Southwest was formed in 1961, we have always sought to invest in companies with strong management teams and sound financial performance. As a public company, we are fortunate to have the flexibility to be creative in our financing structures and to invest to support the growth of our portfolio companies with a uniquely long-term perspective.
                                                

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