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Press Release
Fremont Partners III Funds Tapco's Acquisition of Vantage Building Products

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San Francisco, California - June 27, 2002

Fremont Partners III, a $920 million private equity fund, has completed its first investment with the acquisition of Vantage Building Products (“Vantage”).

The Vantage acquisition was completed on April 26, 2002 in conjunction with Tapco Holdings (“Tapco”), an existing Fremont Partners II portfolio company. The company offers a broad line of high quality accessory products to its customers.

About Vantage
Vantage ( manufactures exterior accessory products used for residential remodeling and construction. Products include shutters, gable vents, lattice, and a complete line of accessories for mounting exterior light fixtures, outlets and other fixtures on all types of siding.

About Tapco
Tapco ( is a leading manufacturer of accessory products and professional installation tools used in residential remodeling and construction. The accessory products include shutters, gable vents, mounting blocks, door surrounds and window mantels, among other products. Tapco sells to over 4,800 distributors worldwide and has been supplying the building industry with quality innovative products for over 40 years.

About Fremont Partners
Founded in 1991, Fremont Partners ( manages more than $1.6 billion of equity capital across a diverse range of industries, including healthcare and medical devices, building products, business services, specialty packaging, specialty finance, and industrial manufacturing. Fremont Partners makes substantial equity investments in operating companies with enterprise values up to $1 billion and seeks to deploy between $50 million and $250 million in each transaction.