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Tri-star Electronics International

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Carlisle to Acquire Tri-Star Electronics International, Inc.
November 14, 2011
Maker of high-reliability interconnect components will bolster Carlisle’s leadership in aerospace and industrial sectors

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Carlisle Companies Incorporated (NYSE:CSL) today announced the signing of a definitive agreement to acquire Tri-Star Electronics International, Inc., a leading worldwide supplier of electronic interconnect components for mission-critical applications for commercial aerospace, defense and industrial customers. Tri-Star is a portfolio company of Brockway Moran & Partners. The transaction is structured as a cash merger at an enterprise value of $285 million. The transaction is subject to customary closing conditions, including regulatory clearance, and is expected to close by December 31, 2011. The acquisition is expected to be accretive to Carlisle in the first year. SunTrust Robinson Humphrey, Inc. acted as exclusive financial advisor to Carlisle.

Carlisle Companies Inc. is a global diversified company that designs, manufactures and markets a wide range of products that serve a broad range of niche markets including commercial roofing, energy, agriculture, lawn and garden, mining and construction equipment, aerospace and electronics, dining and food delivery, and healthcare. Through our group of decentralized operating companies led by entrepreneurial management teams we bring innovative product solutions to solve the challenges our customers face.

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