Buyers Sought for Vermont Castings Group PARIS, KENTUCKY The Riverside Company, the parent of leading hearth and grill manufacturer Vermont Castings Group, has elected to exit its investment in the company and is seeking potential buyers. "Vermont Castings Group is a stable and profitable company with an enviable portfolio of brands and products, a solid team and a strong growth strategy that requires additional investment," said Dan Clifford, president and CEO of Vermont Castings Group. "We know that Vermont Castings Group is an attractive asset and we look forward to continued success in both the short and long terms." Riverside acquired the company, formerly known as Monessen Hearth Systems Company, in 2006. "We have supported Vermont Castings Group through a difficult and protracted recession," said Tim Gosline, partner at The Riverside Company. "With the company now on stable footing, and the economy strengthening, we believe now is the appropriate time to seek new investors." Vermont Castings Group has retained Huron Consulting Group as its financial advisor in connection with the transaction. The process will be conducted as quickly as possible, with a target completion of 60-90 days. About Vermont Castings Group Vermont Castings Group is a leading supplier of hearth and grill products throughout North and South America, Asia and Europe. Under its four brands, Vermont Castings, Majestic, Monessen and Ambient Technologies, Vermont Castings Group offers a full line of direct-vent, natural-vent, vent-free, wood-burning and electric fireplaces, inserts, log sets and stoves as well as outdoor grills and heating products. Vermont Castings Group is proud to be on the cutting edge of design, efficiency and environmental responsibility. The Riverside Company The Riverside Company is a global private equity firm focused on acquiring growing businesses valued at up to $200 million (€200 million in Europe). Since its founding in 1988, Riverside has invested in more than 300 transactions. The firm's international portfolio includes more than 75 companies.