December 2, 2021
Contact: Holly Mueller
Marketing Consultant
The Riverside Company

Premier, Intarome, and Fragrance Solutions Join Forces with Strategic Investment from
The Riverside Company and Tap Bertrand Lemont as CEO

The Three-Way Partnership Creates a Disruptive New Fragrance House of Scale Dedicated to
Serving Emerging Brands

Premier Specialties, Inc. (Premier), Intarome Fragrance Corporation (Intarome) and Fragrance
Solutions Corporation (Fragrance Solutions) have announced they’ve merged and received an
investment from The Riverside Company. The new combined business creates a disruptive new
fragrance house in the middle-market founded upon decades of experience from three separate
well-respected companies.

“I am proud to be partnering with both Fragrance Solutions and Intarome, as well as Riverside,
who has an incredible track record for scaling businesses like ours,” said Premier’s Founder
Roger Rich. “Riverside has already proven their commitment to helping us reach new heights,
and with their continued support, we’ll create a world-class fragrance house with market-leading

Rich and other members of the collective management teams will continue to be executives and
meaningful shareholders of the company.

“Each of these businesses share the same entrepreneurial, customer-first mindset, which has
created longstanding, tight-knit relationships with those we serve,” said Intarome’s CEO Daniel
Funsch. “This will continue to be the core tenant of our collective business long into the future.”

“Not only am I excited about the future of the platform, but I’m excited for our customers, many
of whom have been with us since the beginning,” said Fragrance Solutions’ President John
Yorey. “With incremental resources and capital, as well as a deeper bench of high-quality talent,
we’ll be able to service our customers better…and faster.” In addition to being a key
shareholder, Yorey will be a sales executive for the new organization.

Riverside’s financing will be used to support investments in technology, product development
and customer service, as well as pursuing strategic add-on acquisitions.

“We are thrilled about the opportunity to partner with these three special businesses,” said
Riverside Managing Partner Loren Schlachet. “We plan to invest meaningfully in the platform
through acquisitions, as well as organic growth initiatives, ensuring we’re the absolute best
home possible for emerging brands.”

Bertrand Lemont has been tapped to lead the combined business as chief executive officer.
Lemont has more than 25 years of experience in the fragrance and beauty industry, previously
serving as president of Drom Fragrances USA and holding executive positions at Givaudan and
International Flavors and Fragrances (IFF).

“I’m honored and excited to lead this new platform through a new phase of growth,” said
Lemont. “As one new organization with substantial financial backing, we’ll be able to provide
best-in-class capabilities and superior creativity, while remaining committed to the unmatched
agility that our customers have come to expect.”

“We couldn’t be happier to have an industry veteran like Bertrand steering this fast-moving
platform. The organization will certainly benefit from his leadership, wealth of knowledge and
ambition,” said Riverside Senior Partner Alan Peyrat.

About Premier Specialties, Inc.
Established in 1998, Premier is a formulator of fragrances and natural, organic, and sustainable
cosmetic ingredients based in Middlesex, NJ. The company applies a holistic and transparent
approach to sourcing, research, and development that results in novel products that meet the
demands of customers and the ever-changing consumer.

About Intarome Fragrance Corporation
Established in 1969, Intarome is a formulator of customized fragrances delivering proprietary
formulations with rapid turnaround times. The company is focused on assisting customers in the
creative development of formulations and is an active partner in monitoring market trends.
Intarome’s business model is based on bespoke customer service, quality, responsiveness with
lead times as short as 2-5 days, and flexibility for small and large batches.

About Fragrance Solutions Corporation
Established in 2011, Fragrance Solutions offers world-class
fragrance creation with an
emphasis on personal attention, responsive customer service, and value. The company works
collaboratively with customers to develop signature fragrances that are remembered.

About The Riverside Company
The Riverside Company is a global private equity firm focused on investing in growing
businesses valued at up to $400 million. Since its founding in 1988, Riverside has made more
than 800 investments. The firm’s international private equity and structured capital portfolios
include more than 140 companies.