CPI Card Group

ACQUISITION

(Amount Undisclosed)

Subordinated Debt and Equity Co-Investment

McKenna Gale provided a subordinated loan to assist Tricor Pacific Capital, Inc. in its acquisition of CPI Card Group. In addition to the subordinated loan, McKenna Gale also provided an equity co-investment.

Headquartered in Littleton, Colorado and with manufacturing facilities in both Colorado and Nevada, CPI Card Group is one of North America's largest manufacturers of financial payment cards and other laminated card products and services. Products produced by CPI include payment cards under the VISA, MasterCard, American Express, Diners Club, and Discover Card brands as well as retail gift cards, membership cards and access cards.

McKenna Gale also provided a follow-on subordinated loan in support of CPI's acquisition of Wm. A. Didier & Sons, Inc. Located in Ft. Wayne, Indiana, Didier is a leading manufacturer of credit, debit and ATM cards. The company specializes in short-run, fast-turn custom orders.