Autocrat, LLC Enters Partnership With Private Equity Firms

Autocrat, LLC, a family-operated business since 1895 that roasts coffee and manufactures coffee extracts, has announced that it has entered into a partnership with an investment group led by Trent Capital Partners, (www.trentequity.com) and Argosy Private Equity (www.argosycapital.com). This agreement places Autocrat in a position to accelerate its growth strategy and continue its advancement as a world-class food ingredient manufacturer.

Autocrat offers regular and organic coffee extracts that flavor popular food and beverage products such as ice cream, iced cappuccino drinks, ready-to-drink beverages, snack bars, and alcohol based products, as well as coffee on demand that provides consistently fresh and delicious coffee any time of the day with virtually no waste. Autocrat also supplies national and local food service operators with roasted coffee and produces coffee syrup used to make the state drink of Rhode Island, coffee milk.

"We look forward to working with Trent Capital Partners," agreed Richard M. Field Jr. and Cynthia Field Wall, co-owners of Autocrat in a prepared statement. "This partnership is a major development in the continued growth of our company."

"We are excited to partner with the Autocrat team, and to support the company's continued expansion. We view this investment as an excellent opportunity to build significant long term value for the company's customers as well as its shareholders," said Raymond J. Desrocher Jr., partner of Trent Capital Partners.

Headquartered in Lincoln, R.I., Autocrat is one of the nation's leading manufacturers of premium coffee and extracts, utilizing a custom state-of-the-art extraction system that substantially increases volume capacity to meet customer needs for coffee extracts and coffee on demand. For more information regarding these products, call 800-288-6272 or visit on-line at www.autocrat.com.

Headquartered in Naples, Fla., Trent Capital Partners invests in established middle-market businesses engaged in manufacturing, value-added distribution, and business services. Management buyouts, recapitalizations, expansion financings, and corporate divestitures are among the transaction types TCP pursues, supporting capable management teams with a history of successful execution to build market-leading companies.

Headquartered in Wayne, Pa., Argosy Private Equity is a fund family that invests in middle market manufacturing, business service companies and real estate with over $500 million under management. Early last year, Argosy had the final close on Argosy Investment Partners IV, L.P. a $180 million SBIC fund. Since 1990, Argosy has invested in 75 operating companies. Argosy's goal is to team up with experienced, motivated and capable management teams, board members and advisors to substantially grow the revenue and cash flow of market leading companies.

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