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J2 Partners acquires ISS

J2 Partners acquires ISS

Portland, OR -- July 31, 2008--J2 Partners, a private equity firm in Boulder, Colorado announced today that it has acquired Instrument Sales and Service, Inc. (ISS), a diversified manufacturing, re-manufacturing and distribution company offering turnkey supply chain solutions for the automotive and capital equipment industries with operations in Washington, Oregon, Nevada, Arizona, and Colorado in a leveraged buy-out transaction. The acquisition was financed with senior financing provided by Citibank.

"This transaction represents an important step in ISS’s long-term strategy, which will ultimately include expanding our high quality capabilities to new customers and segments. We look forward to working with J2 Partners to grow ISS’s business and enhance the customer experience" said Sean Kelly, President of ISS.

"ISS is an extremely well-managed company with a solid management team, excellent operational processes and long-standing customer relationships" added John Helson, a partner at J2 Partners.

About Instrument Sales and Service, Inc.
Portland, Oregon-based Instrument Sales and Service, Inc. (ISS) was originally founded in 1949 as an automotive parts distributor. In more than 50 years, ISS has grown into a diversified manufacturing, re-manufacturing and distribution company offering turnkey supply chain solutions for the automotive and capital equipment industries. The company currently employs 150 people in five states, serving more than 6,000 active customers across the United States and 15 foreign countries. For more information, visit www.instrumentsales.com

About J2 Partners
J2 Partners is a private investment firm located in Boulder, Colorado. We provide capital to exceptional lower middle market companies in the western U.S. We seek to invest in manufacturing, distribution, technology, telecommunications, and business services companies that are leaders in their markets with $2 million to $10 million in operating cash flow and $10 million to $50 million in enterprise value. We seek to invest in manufacturing, distribution and business services companies that are leaders in their defined markets with $25 million or more in revenue or over $5 million in operating cash flow, that are located in the western United States.

This investment and operational focus, combined with long-standing relationships with financial intermediaries, lenders, transaction service providers, and management, has resulted in a unique ability to grow portfolio companies through a range of economic cycles, market conditions and business opportunities. For more information visit www.j2partners.com