September 25, 2004 - Tensar Earth Technologies, Inc., a portfolio company of KRG Capital Partners, L.L.C., has completed the acquisition of North American Green, Inc. Located in Evansville, Indiana, North American Green is a leading erosion control solution provider that offers a full line of rolled erosion control products for a wide range of applications that control soil loss while assisting with vegetation establishment. North American Green's products are sold through independent distributors throughout the United States and internationally. The Company was founded in 1985 and has been the industry leader in providing erosion control products and solutions. www.nagreen.com

KRG Capital Partners, L.L.C. is a private equity firm specializing in general acquisitions, management buyouts, family successions, industry consolidations, and recapitalizations of middle-market companies with annual revenues between $10 million to $300 million. The firm manages over $700 million of capital and prefers to invest in a variety of manufacturing, distribution, and services industries. www.krgcapital.com

Tensar Earth Technologies, Inc., headquartered in Atlanta, Georgia, is a full-service provider of specialty products and engineering services. Tensar manufactures and markets highly engineered polymeric geogrids used in construction applications including soil stabilization and earth retention. Tensar also produces a line of lightweight oriented netting and mesh products used in specialized structural consumer product applications (non-construction). www.tensarcorp.com

Duff & Phelps, LLC initiated the transaction, assisted in negotiations, and served as the exclusive financial advisor to North American Green. Duff & Phelps is a national investment banking and financial advisory firm focused on providing merger and acquisition, private placement, valuation, financial opinion and restructuring services. Since 1932, Duff & Phelps has been committed to delivering independent advice and service of exceptional quality to a broad range of public and private companies.