Announcement
April 2, 2013
Summit Research Labs, Inc. / SummitReheis is extremely pleased to announce that it has been wholly acquired by One Rock Capital Partners. One Rock Capital Partners is a private equity firm based in New York City.
Be assured, the change in ownership will not result in any impact or change to day-to-day operations and all of your contacts within SummitReheis as well as all other aspects of your current business relationship with SummitReheis remain unchanged.
SummitReheis is delighted to welcome John A. Georges as its new interim CEO. John will continue to serve as Executive Chairman of SummitReheis once a permanent CEO has been selected. Mr. Georges, who holds degrees in chemical engineering and business administration, began his career at DuPont where he worked for 28 years and held several management positions. He then served for 13 years as Chairman and CEO of International Paper Company, where he led a major capital investment campaign and expanded into international markets. He has served on the boards of three Fortune 500 companies, the New York Stock Exchange, the Federal Reserve Bank of New York, and several non-profit organizations. For the last 12 years he has been a partner of Greenwich Chemical Partners, which has been involved in several successful private equity investments.
This is a very positive development for SummitReheis which will result in the availability of world-class operational, strategic, and financial resources in order to better serve and add value for our customers as well as for the expansion and growth of our business.
Please feel free to contact me or any one of your resources at SummitReheis should you have any questions, comments, or concerns.
Sincerely,
Hamel Dave
Vice-President, Sales & Marketing
