NEW YORK, June 12, 2007 – Bruckmann, Rosser, Sherrill & Co., LLC (BRS), announced today a distribution to investors resulting from the recapitalization of AMF Bowling Worldwide (AMF). AMF, headquartered in Richmond, Virginia, is the leading operator of bowling centers in the U.S. AMF also participates, via a joint venture, in a leading bowling products manufacturer and distributor, with a product line consisting of bowling pins, automatic pin-spotters, synthetic lanes and other bowling products. BRS made its investment in AMF in partnership with management in February 2004. The recapitalization resulted in a distribution equivalent to 101% of BRS’s original investment.
BRS, founded in 1995 and headquartered in New York, specializes in management buyouts and recapitalizations of high quality, middle market companies with strong market positions and/or growth potential. BRS currently manages approximately $1.4 billion of committed capital in three institutional private equity funds. The principals of BRS have worked together since the mid-1980s (originally at Citicorp Venture Capital) and have collectively invested in over 60 companies with a total value in excess of $12.6 billion. BRS currently has investments focused predominantly in the consumer products and services areas. For more information, visit www.brs.com.