Founded in 1947 Igloo Products Corp. designs, manufactures, and markets coolers and other outdoor products and housewares. Its coolers include hard coolers and cooler bags. The company also provides beverage coolers and thermoelectric coolers. In addition, it offers outdoor products, such as chairs, tents, and shade structures for beverage and thermoelectric coolers. Further, the company provides accessories, such as bottles, converter, cup dispensers, cups, lid keeper cords, seat cushions, skids, stainless steel tie down kits, trays, and truck racks for beverage and thermoelectric coolers.

CORPORATE HIGHLIGHTS

Igloo will continue to be led by Chairman and CEO Gary Kiedaisch and other members of the existing management team, who are also purchasing significant interests in Igloo in connection with the transaction. The Company will focus on continued growth in the Outdoors, Housewares and Sporting Goods markets. The terms of the transaction were not disclosed.

ACON Investments, L.L.C. is a Washington, D.C.-based international private equity investment firm that manages private equity funds and special purpose partnerships that make investments in the United States and Latin America. Founded in 1996, ACON and its principals have managed over $3.0 billion of capital. ACON pursues a theme-based investment strategy by focusing on industries and businesses at key inflection points in their development and pursues these opportunities in close partnership with established management teams. ACON has offices in Washington, Los Angeles, Mexico City, Sao Paulo and Bogota