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TWO CORPORATE RECOGNITION LEADERS MERGE; CONTINUE LEGACY OF INNOVATION AS THE THARPEROBBINS COMPANY

Stamford, CT – Based on a foundation of innovation and success, two industry leaders have joined forces to create one of the largest and most experienced managed recognition and rewards companies in the world. The Tharpe Company and The Robbins Company have merged as The TharpeRobbins Company. TharpeRobbins is a portfolio company of Saugatuck Capital Company Limited Partnership IV.

The merger brings together two companies whose reputations have been built on innovation, customer service and flexibility. Tharpe was one of the first companies to provide human resources professionals with one-stop shopping for employee recognition services by bundling program design and administration with product fulfillment. Robbins created the most advanced operating system for managing and administering corporate rewards programs to meet the complex needs of the world’s largest companies. For both companies, client service teams have long been empowered with the authority to make on-the-spot decisions, offering customer service that is unparalleled in the industry.

“TharpeRobbins will continue our joint legacies of innovation and customer service,” says Brett Tharpe, Chief Executive Officer of TharpeRobbins. “We could not imagine a stronger strategic merger than combining the complementary strengths of the 115 year-old Robbins Company with those of the 26 year-old Tharpe Company. Together we will be able to offer in-depth consultative expertise to help organizations design programs that drive higher levels of employee engagement and fulfillment in an increasingly competitive labor market.”

TharpeRobbins offers world-class technology, ranging from basic reporting to full-system integration for service and performance awards programs. The systems offer options that are easily configurable, based on the Company’s experience with its more than 2,500 customers, which range from Fortune 100 companies to mid-size organizations and small firms.

TharpeRobbins Pinnacle technology platforms offer a variety of recognition solutions based on their customer’s needs. Specific solutions under the Pinnacle umbrella include P360, PartnerNet, Data-on-Demand, and Motiv8. P360, a proprietary web service based platform founded on the Microsoft.net™ framework, represents TharpeRobbins flagship recognition management system with fully integrated and secure business processes.

With Robbins, Tharpe gains company-owned jewelry manufacturing capabilities while Robbins gains access to Tharpe’s wide product selection, ranging from fine art to electronics, sports and outdoor merchandise. The Robbins manufacturing facilities offer finely crafted jewelry made in the U.S.A., design flexibility, and responsive distribution. The Attleboro facility is ISO certified, meeting world-class standards for service, fulfillment and manufacturing processes.

TharpeRobbins is headquartered on a 25-acre campus in Statesville, N.C., which includes an extensive showroom and state-of-the-art warehouse. Jewelry manufacturing operations and software product development are located in Attleboro, M.A.