CMO Enterprises Acquired by Total Container Group

Release Date: May 25, 2016

Abraxas Acted as Advisor in this Transaction

ATLANTA, GEORGIA – 25 May 2016 - Abraxas Business Services, specialists in business brokerage, mergers and acquisitions, and exit strategy and succession planning, announced today that CMO Enterprises, Inc., a wholesaler of industrial packing solutions, has been acquired by Total Container Group, a platform company of HCI Equity Partners.

Total Container Group was formed in 2014 when two established and growing brands in the industrial container industry – K.P. McNamara Company and RnR Industrial Services – joined together. The company offers a broad array of industrial container solutions – ranging from less than 1-gallon cans to 20,000-gallon storage tanks, as well as a variety of ancillary products and services.

Additional information about the company, its customers, and services can be found at www.totalcontainergroup.com. The announcement tombstone can be found http://www.abraxas.biz/our-success.html

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Abraxas provides integrated services to sellers, buyers and owners of businesses with revenues of $5- to $30-million in manufacturing, logistics, technology, healthcare and services industries. The Advisors of Abraxas are a collaborative team of committed professionals guiding every transaction to the Closing Table. Adhering to proven methodologies developed over years of business brokerage and M&A experience, and relying on a network of resources with specialized expertise in banking, accounting, tax and financial planning, transactions are closed and clients' goals are met.