-- EXPANDS GLOBAL PLATFORM IN EXTRUDED ALUMINUM PROFILES

-- COMPLETES ACQUISITION OF PROFILE CUSTOM EXTRUSIONS, LLC

KPS Capital Partners, LP ("KPS") announced today that it has completed the 
acquisition of Metra Holding S.p.A. and Metra S.p.A., (collectively "Metra"), a 
global manufacturer of extruded aluminum. KPS also completed its acquisition of 
Profile Custom Extrusions, LLC ("Profile"), a U.S. manufacturer of extruded 
aluminum, from Highlander Partners, L.P.  Metra and Profile will be combined to 
form a leading, global extruded aluminum profile platform with a strong 
presence across both Europe and North America.

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Metra is a global, vertically integrated manufacturer of extruded aluminum 
profiles and related value-added services, including painting, oxidation, 
machining, welding and assembly.  Metra offers a full range of extruded 
aluminum profiles, which are used primarily in the industrial and building & 
construction end-markets across Europe and North America.  Metra employs 
approximately 850 employees across five plants in Italy and Canada.

Profile is a U.S. manufacturer of custom, extruded aluminum profiles and 
related value-added services including painting, anodizing, thermal break and 
precision cutting.  Profile provides a variety of custom extruded aluminum 
profiles to diverse end-markets including residential and commercial 
construction, HVAC, hurricane protection, transportation, electrical and 
marine.  Profile employs approximately 170 employees in its sole facility in 
Rome, GA.

Pierre de Villemejane, a Partner of KPS Mid-Cap Investments ("KPS Mid-Cap"), 
said, "By combining Metra and Profile, we will create a robust global extruded 
aluminum platform with an unparalleled reputation for reliability, superior 
quality and customer service.  The strategic and industrial logic of combining 
Metra and Profile is compelling, as the transaction allows Metra to continue to 
expand its presence in new end-markets and provides a foothold for future 
acquisition opportunities in North America.  We look forward to continuing to 
rapidly grow the combined business both organically and through a global 
acquisition strategy." 

Enrico Zampedri, Chief Executive Officer of Metra, said, "The acquisition of 
Profile is an important step in Metra's continued geographic expansion and 
diversification.  We are very impressed by Profile's manufacturing capabilities 
and the strength of its relationships with customers.  Furthermore, the 
acquisition of Profile will significantly enhance the combined business' 
presence in North America and will provide the opportunity to share best 
practices across the two businesses that will result in better quality and 
service to our customer base.  We are excited to work collaboratively with the 
Profile team to continue to build a best-in-class global extruded aluminum 
manufacturer."

David Newby, President of Profile, said, "The real winners of this combination 
are the customers of Profile and Metra.  Our customers will now have access to 
the strengths of both businesses as we combine the very best manufacturing 
processes, products and services across a global manufacturing footprint.  We 
remain committed to providing the world-class quality, delivery and customer 
service that Profile is known for throughout the industry as we embark on this 
new and exciting phase at Profile.  The entire Profile management team is 
excited to operate under KPS and Metra's ownership to continue to build upon 
our long and successful history."

Financial terms of the transaction were not disclosed.  Paul, Weiss, Rifkind, 
Wharton & Garrison LLP served as legal counsel to KPS for the acquisition of 
Profile.  Fidus Partners, LLC served as financial advisor and Foley & Lardner 
LLP served as legal counsel to Highlander Partners, L.P. for the sale of 
Profile.

About Metra
Metra is a global, vertically integrated manufacturer of extruded aluminum 
profiles and related value-added services, including painting, oxidation, 
machining, welding and assembly.  Metra offers a full range of extruded 
aluminum profiles, which are used primarily in the industrial and building & 
construction end-markets across Europe and North America.  Metra is 
headquartered in Rodengo Saiano, Italy, with five strategically located 
manufacturing facilities across Italy and Canada.  For additional information, 
please visit www.metra.eu/en/.

About Profile Custom Extrusions, LLC
Profile is a U.S. manufacturer of custom extruded aluminum profiles and related 
value-added services including painting, anodizing, thermal break and precision 
cutting.  Profile provides a variety of custom extruded aluminum profiles to 
diverse end-markets including residential and commercial construction, HVAC, 
hurricane protection, transportation, electrical and marine.  Profile operates 
one strategically located manufacturing facility in Rome, GA.  For additional 
information, please visit www.pcextrusions.com.

About KPS Capital Partners
KPS, through its affiliated management entities, is the manager of the KPS 
Special Situations Funds, a family of investment funds with approximately $12.8 
billion of assets under management (as of March 31, 2021).  For nearly three 
decades, the Partners of KPS have worked exclusively to realize significant 
capital appreciation by making controlling equity investments in manufacturing 
and industrial companies across a diverse array of industries, including basic 
materials, branded consumer, healthcare and luxury products, automotive parts, 
capital equipment and general manufacturing.  KPS creates value for its 
investors by working constructively with talented management teams to make 
businesses better, and generates investment returns by structurally improving 
the strategic position, competitiveness and profitability of its portfolio 
companies, rather than primarily relying on financial leverage.  The KPS Funds' 
portfolio companies have aggregate annual revenues of approximately $13.5 
billion, operate 156 manufacturing facilities in 23 countries, and have 
approximately 40,000 employees, directly and through joint ventures worldwide.  
The KPS investment strategy and portfolio companies are described in detail at 
www.kpsfund.com.

KPS Mid-Cap focuses on investments in the lower end of the middle market that 
require up to $100 million of initial equity capital.  KPS Mid-Cap targets the 
same type of investment opportunities and utilizes the same investment strategy 
that KPS' flagship funds have for nearly three decades.  KPS Mid-Cap leverages 
and benefits from KPS' global platform, reputation, track record, 
infrastructure, best practices, knowledge and experience.  The KPS Mid-Cap 
investment team is managed by Partners Pierre de Villemejane and Ryan Harrison, 
who lead a team of experienced and talented professionals.
 
SOURCE KPS Capital Partners, LP

CONTACT: Business Inquiries: KPS – 212.338.5100; Media Relations: Jennifer 
Prosek or Philip Walters, + 44 777 333 1589 or pro-KPS@prosek.com