SHOWCRAFT, INC.

Minneapolis, Minnesota – Quazar is pleased to announce that its client, Showcraft, Inc. (“Showcraft” or “Company”), has been acquired by an Undisclosed Financial Buyer. The terms of the transaction were not disclosed.

The Shareholders of Showcraft retained Quazar to advise on exit strategies and to make strategic introductions. The Shareholders ultimately found an ideal fit in with a group seeking to implement their general benefit corporation concept, as it allowed current Shareholders to transition out of the business while strengthening the Company’s strong culture and values moving forward.

“Quazar’s network and deep relationships were the catalyst in Showcraft and the Buyer coming together. This acquisition will have a positive impact on all of our stakeholders, including our fantastic employees and loyal client base. I can’t wait to see where the new owners will lead the Company to in the future.” – Jeryl Beaulieu, President and CEO of Showcraft, Inc.

“We searched for a strong company with the right culture for our general benefit corporation strategy, and we found just that in Showcraft. We look forward to leveraging Showcraft’s talented team and stellar reputation in order to continue serving our clients while making a positive impact on society as a whole. We believe the general benefit corporation concept will allow us to best serve all of Showcraft’s stakeholders into the future.” – Buyer

Showcraft, Inc. (showcraft.com) is a full-service tradeshow and event exhibition and management company. The Company provides creative design, pre-show planning, custom fabrication, and on-site services to its clients. Showcraft was founded in 1996 and is based in Burnsville, MN.

Quazar (quazarinc.com) is a Minneapolis-based Investment Bank founded in 1990. Quazar specializes in working with privately-held businesses within various industries, including: manufacturing, distribution, business services, technology, and consumer. Quazar provides both sell-side and buy-side advisory services to companies in the lower middle and middle-market.