August 2008 - River Capital has acquired the assets of CDNT, Inc.

River Capital, an Atlanta based private investment firm, has announced its purchase of Can-Do National Tape, Inc. (“CDNT”). The purchase price was not disclosed. Based in Nashville, TN, CDNT is a leading distributor and provider of value-added conversion and custom engineered products such as pressure-sensitive adhesive tapes, foams, films, foils and related materials. CDNT serves a diverse customer base including several Fortune 500 companies across key markets such as automotive, appliance, defense, packaging, plastics, printing, textiles and other commercial and industrial sectors.

Jerry Wethington, Chairman of the Board of CDNT and Managing Director of River Capital, "We are enthusiastic about the acquisition of CDNT and strongly believe that management will continue to position the company as an industry leader who is widely recognized for their breadth of product offerings and outstanding ability to provide solution driven applications."

River Capital is one of the oldest firms of its type in the Southeast and has acquired companies in a broad range of industries with combined annual revenues in excess of $600 million. River Capital primarily invests in light manufacturing, distribution and select service companies with purchase prices of $10 million to $50 million. For add-on acquisition candidates, the firm will consider companies with a purchase price less than $10 million.