Mt. Laurel, NJ
Everingham & Kerr, Inc. announced today that Main Line Equity Partners has divested Cianflone
Scientific Group (consisting of Cianflone Scientific and Tensitron; collectively “CSG”) to King Tester
Corporation, a Salt Creek Capital portfolio company. Terms of the transaction were not disclosed.

Founded in 1935 and headquartered in Pittsburgh, PA, CSG is a manufacturer, seller and continuous
support provider for a line of high-quality industry standard testing instruments servicing many industries including automotive, mining, aviation, packaging & shipping, medical, architectural products, wire & cable, textiles, and petroleum.. To learn more about CSG, and its two divisions, please visit www.cianflone.com and www.tensitron.com

Founded in 1936, King Tester is a leading manufacturer & distributor of metallurgical testing equipment.
The company offers a full line of metal hardness testing equipment and related products and services to
its customers, and is the leading supplier of portable Brinell hardness testers and microscopes worldwide. It is headquartered in Phoenixville, PA. To learn more about King Tester, please visit
www.kingtester.com.

Salt Creek is a San Francisco Bay Area-based private equity firm focused on executive-led buyouts of
profitable companies with up to $50 million in revenue. Salt Creek takes a long-term approach to
investing in lower middle market businesses and seeks to create value by working closely with
management teams to accelerate growth and to improve the operating efficiency of its portfolio
companies. To learn more about Salt Creek, please visit www.saltcreekcap.com.

Everingham & Kerr, Inc. initiated the transaction, acted as the exclusive financial advisor and negotiated
the transaction for Cianflone Scientific.

About Everingham & Kerr, Inc.
Everingham & Kerr is a merger and acquisition advisory firm that specializes in providing
intermediary services for lower middle market companies and entrepreneurs. The firm assists clients
across all industries and offers various services including mergers, acquisitions, divestitures,
valuations, transaction consulting and exit planning. The firm’s client base has included public and
private corporations, investor groups, individual entrepreneurs, management buyout groups and
family buyout participants. Everingham & Kerr’s focus is on providing lower middle market
companies with highly professional services typically available only from large investment banks
servicing much larger clients. The firm provides the resources and highly experienced personnel
necessary to ensure maximum results produced efficiently and confidentially.