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	<title>Highlander Partners, LP</title>
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		<title>Highlander Partners Expands Senior Management Team and Announces Promotions (March 2012)</title>
		<link>http://www.highlander-partners.com/news/highlander-partners-expands-senior-management-team-and-announces-promotions-march-2012/</link>
		<comments>http://www.highlander-partners.com/news/highlander-partners-expands-senior-management-team-and-announces-promotions-march-2012/#comments</comments>
		<pubDate>Fri, 09 Mar 2012 16:48:58 +0000</pubDate>
		<dc:creator>alex</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.highlander-partners.com/?p=1462</guid>
		<description><![CDATA[Highlander Partners Expands Senior Management Team and Announces Promotions Dallas, Texas &#8211; March 9, 2012 &#8211; Highlander Partners, LP, a Dallas-based leading middle-market private equity firm, has announced the promotion of Jeff L. Hull to Managing Partner of the firm’s North American private equity group and William F. Miller III to Partner and practice leader [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Highlander Partners Expands Senior Management Team and Announces Promotions</strong></p>
<p><strong>Dallas, Texas &#8211; March 9, 2012 &#8211; </strong>Highlander Partners, LP, a Dallas-based leading middle-market private equity firm, has announced the promotion of Jeff L. Hull to Managing Partner of the firm’s North American private equity group and William F. Miller III to Partner and practice leader of the firm’s private equity group healthcare services team. As Managing Partner, Mr. Hull will oversee and, in combination with the firm’s Chairman Larry Hirsch and President Mike Nicolais, provide strategic direction for Highlander’s North American private equity investment effort. Jeff, who joined Highlander in 2009, will also continue to play a lead role in executing M&amp;A transactions. In his new position as head of the firm’s healthcare practice, Bill, who joined Highlander in 2006, will coordinate and lead the strategy for the firm’s healthcare acquisitions.</p>
<p>Additionally, former ClubCorp CEO John Beckert, who has served as a Special Advisor to Highlander since 2010, will become an Operating Partner. John currently serves as Chairman of The Composites Group, a Highlander portfolio company, and will assist other Highlander portfolio companies in a similar capacity going forward. Lastly, Greg Schorr will join the firm as a Senior Advisor. Greg is the past President of SBR, Inc, a diversified manufacturing company and the maker of Simonton Windows, which was sold to Fortune Brands in 2006.</p>
<p>Michael R. Nicolais, Highlander’s President and Co-Founder, said: “We continue to have significant success in our private equity efforts and have the utmost confidence in the team we have assembled. Jeff and Bill have been instrumental in our recent successes and we are confident they will continue to guide us to even higher levels.” Mr. Nicolais added, “The addition of John and Greg to our operating team further enhances our skillset in making control investments in middle market companies. We are very excited about the future.”</p>
<p><strong>About Highlander Partners, L.P.</strong></p>
<p>Highlander Partners, L.P. is a Dallas-based private investment firm with partners that have committed over $300 million of principal funds for direct private equity investments in North America. The firm was founded in 2004 by Laurence E. Hirsch and Michael R. Nicolais and focuses on making investments in middle market businesses in targeted industries in which the principals of the firm have significant operating and investing experience, including healthcare, basic manufacturing, food, building materials and others. Highlander Partners uses a &#8220;buy and build&#8221; investment approach, creating value by helping companies grow organically and through acquisitions. Additionally, Highlander maintains a private equity operation in Central Europe, a healthcare hedge fund based in Little Rock, Arkansas and an alternative investments effort based in Dallas. For more information about Highlander Partners, please visit <a class="MainLink" href="http://www.highlander-partners.com" target="_blank">www.highlander-partners.com</a>.</p>
<p>For more information about this announcement, please contact:</p>
<p>Alex Guiva, Partner, (214) 245-5004</p>
<p>Jeff L. Hull, Managing Partner, (214) 245-5017</p>
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		<title>Eagle Hospital Physicians Completes Second Hospitalist Practice Management Acquisition (August 2011)</title>
		<link>http://www.highlander-partners.com/news/eagle-hospital-physicians-completes-second-hospitalist-practice-management-acquisition/</link>
		<comments>http://www.highlander-partners.com/news/eagle-hospital-physicians-completes-second-hospitalist-practice-management-acquisition/#comments</comments>
		<pubDate>Mon, 08 Aug 2011 17:00:25 +0000</pubDate>
		<dc:creator>alex</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://highlander-partners.com/?p=1372</guid>
		<description><![CDATA[Eagle Hospital Physicians Completes Second Hospitalist Practice Management Acquisition Dallas, Texas – August 8, 2011 – Eagle Hospital Physicians, Inc. (“Eagle”), a portfolio company of private equity firms Highlander Partners, L.P. and Flexpoint Ford, LLC, today announced the acquisition of Inpatient Management, Inc. (“IMI”), a hospitalist practice management company based in St. Louis, Missouri. Following [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Eagle Hospital Physicians Completes Second Hospitalist Practice Management Acquisition</strong></p>
<p><strong>Dallas, Texas – August 8, 2011 –</strong> Eagle Hospital Physicians, Inc. (“Eagle”), a portfolio company of private equity firms Highlander Partners, L.P. and Flexpoint Ford, LLC, today announced the acquisition of Inpatient Management, Inc. (“IMI”), a hospitalist practice management company based in St. Louis, Missouri. Following the acquisition of IMI, Eagle, which also completed the acquisition of PrimeDoc Management Services (“PrimeDoc”) of Asheville, North Carolina in July 2011, now employs more than 400 full-time physicians and provides contract hospitalist management services to 43 hospitals in 17 states across the U.S.</p>
<p>Founded in 1997, IMI, which manages 13 hospitalist practices across eleven states in the Midwest, Southeast and West, employs more than 90 full-time physicians. In addition to fully staffing and managing numerous hospitalist programs, IMI uniquely provides practice management services that enable hospitals to benefit from IMI’s practice management skills and experience while employing the hospital’s own professional staff.</p>
<p>IMI’s senior management team, led by IMI’s founder and CEO, Kirk Matthews, will continue to play an integral role in management of Eagle going forward.</p>
<p>“IMI is a highly respected company and has been a pioneer in the industry since its founding,” said Brent McCarty, chief executive officer at Eagle. “IMI’s experience and knowledge, particularly managing hospitalist programs in which the hospital employs the physician and IMI provides the management services, is a model that many hospitals are considering with the advent of health care reform and Accountable Care Organizations.”</p>
<p>Following the acquisitions of PrimeDoc and IMI, Eagle has the capability to provide value-added, high-quality services and patient care to its hospital partners under a variety of operating models.  This enables Eagle to continue its focus on being a very flexible partner to its hospital clients, designing and managing practices that best meet the needs and goals of the hospital and its staff.</p>
<p>Bobby Sussman, a partner at Highlander Partners, commented, “We continue to be very pleased with the platform that Eagle has developed and believe strongly that the Company has positioned itself to provide the highest quality of inpatient care in an efficient manner that produces superior results for its hospital clients and their patients.”  Terry Hyman, a senior principal at Flexpoint Ford, added, “We are excited about the prospects of the combination of Eagle, IMI and PrimeDoc. Flexpoint Ford and Highlander Partners remain committed to continue to provide substantial additional capital to support future growth initiatives of Eagle.”</p>
<p><strong>About Eagle Hospital Physicians</strong></p>
<p>Eagle Hospital Physicians, a leading group hospitalist practice committed to elevating healthcare, develops and manages hospitalist practices for client hospitals. Founded in 1998, Eagle’s mission is to deliver inpatient professional services that exceed today’s standards and continue to improve quality, satisfaction and efficiency.  For more information, visit <a href="http://www.eaglehospitalphysicians.com">www.eaglehospitalphysicians.com</a>.</p>
<p><strong>About Highlander Partners, L.P.</strong></p>
<p>Highlander Partners, L.P. is a Dallas-based private investment firm with over $300 million in capital allocated for direct private equity investments. The firm focuses on making investments in middle market businesses in targeted industries in which the principals of the firm have significant operating and investing experience, including healthcare, basic manufacturing, food, building materials and others. Highlander Partners uses a “buy and build” investment approach, creating value by helping companies grow organically and through acquisitions. For more information about Highlander Partners, please visit <a href="http://www.highlander-partners.com">www.highlander-partners.com</a>.</p>
<p><strong>About Flexpoint Ford, LLC</strong></p>
<p>Flexpoint Ford, LLC is an equity investment firm focused on the healthcare and financial services industries. Flexpoint Ford seeks to build relationships with executives and companies who look for Flexpoint Ford to be a value-added partner. Flexpoint Ford aims to invest $10 to $100 million of equity in each opportunity. For more information about Flexpoint Ford, please visit <a href="http://www.flexpointford.com">www.flexpointford.com</a>.</p>
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		<title>Highlander Portfolio Company Eagle Hospital Physicians Acquires PrimeDoc Management Services (July 2011)</title>
		<link>http://www.highlander-partners.com/news/highlander-portfolio-company-eagle-hospital-physicians-acquires-primedoc-management-services-july-2011-3/</link>
		<comments>http://www.highlander-partners.com/news/highlander-portfolio-company-eagle-hospital-physicians-acquires-primedoc-management-services-july-2011-3/#comments</comments>
		<pubDate>Mon, 01 Aug 2011 15:39:28 +0000</pubDate>
		<dc:creator>alex</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://highlander-partners.com/?p=1369</guid>
		<description><![CDATA[Highlander Portfolio Company Eagle Hospital Physicians Acquires PrimeDoc Management Services Atlanta, Georgia – July 6, 2011 – Eagle Hospital Physicians (“Eagle”), a portfolio company of private equity firms Highlander Partners, L.P. and Flexpoint Ford, LLC, today announced the acquisition of PrimeDoc Management Services (“PrimeDoc), a hospitalist practice management company based in Asheville, N.C. Following this [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Highlander Portfolio Company Eagle Hospital Physicians Acquires PrimeDoc Management Services</strong></p>
<p><strong>Atlanta, Georgia – July 6, 2011 – </strong>Eagle Hospital Physicians (“Eagle”), a portfolio company of private equity firms Highlander Partners, L.P. and Flexpoint Ford, LLC, today announced the acquisition of PrimeDoc Management Services (“PrimeDoc), a hospitalist practice management company based in Asheville, N.C. Following this acquisition, Eagle now employs approximately 300 physicians and provides contract hospitalist management services to more than 30 client hospitals in seven states.</p>
<p>Founded in 1997, PrimeDoc employs more than 100 physicians and serves seven acute-care hospitals in Georgia, Maryland, North Carolina and Virginia. The acquisition further enhances Eagle’s hospitalist portfolio and strengthens the company’s geographic presence throughout the Southeast and Mid-Atlantic.</p>
<p>“This is a major milestone in the ongoing evolution of Eagle Hospital Physicians as a leading hospitalist management company. PrimeDoc’s shared practice model, focused on aligning hospital outcomes and quality patient care, meshes well with Eagle’s model of care,” said Brent McCarty, chief executive officer of Eagle. “Their physicians are respected leaders within the communities they serve, and we look forward to expanding the relationships with their numerous hospital partners.”</p>
<p>PrimeDoc represents the first acquisition for Eagle since partnering with Flexpoint Ford and Highlander Partners in 2010. Bobby Sussman, a partner at Highlander Partners, commented, “We have been very pleased with the job that Brent McCarty and the Eagle management team have done in building a solid infrastructure capable of providing high quality service and patient care for its partner hospitals and serving as a solid foundation for future growth.”  Terry Hyman, a senior principal at Flexpoint Ford, added, “We are excited about the prospects of the combination of Eagle and PrimeDoc; Flexpoint Ford and Highlander Partners are committed to continue to provide substantial additional capital to support future growth initiatives of Eagle.”</p>
<p>Founded by Robert J. Reynolds MD, president and CEO, PrimeDoc is one of the largest private-practice hospitalist companies in the southeast United States, offering turnkey hospitalist programs as well as a wide range of consulting services. PrimeDoc hospital clients range in size from 175 to 400 beds. Reynolds, who has almost 20 years of practice experience as an internal medicine specialist, in addition to many years of experience in hospital and medical staff leadership roles, will work with Eagle management to ensure a smooth transition. He also will assist with the evaluation and implementation of long-term strategic business opportunities for the organization.</p>
<p>“We appreciate the tremendous support we have received from Eagle’s experienced management team during this acquisition,” said Reynolds. “Our organizations have had a similar progression and have a long history of cooperation and mutual respect. We look forward to working as a team, continuing to provide innovative management solutions that improve patient care and hospital performance.”</p>
<p><strong>About Eagle Hospital Physicians</strong></p>
<p>Eagle develops and manages hospitalist practices for client hospitals. Founded in 1998, Eagle’s mission is to deliver inpatient professional services that exceed today’s standards and continue to improve quality, satisfaction and efficiency.  For more information, visit <a href="http://www.eaglehospitalphysicians.com" target="_blank">www.eaglehospitalphysicians.com</a>.</p>
<p><strong>About PrimeDoc Management Services</strong></p>
<p>PrimeDoc Management Services is a physician-owned and managed company founded in 1997 to provide hospitalist programs, staffing and management services to hospital clients. Further information is available at <a href="http://www.primedoc.com" target="_blank">www.primedoc.com</a>.</p>
<p><strong>About Highlander Partners, L.P.</strong></p>
<p>Highlander Partners, L.P., a Dallas-based private investment firm with over $300 million in capital allocated for direct private equity investments. The firm focuses on making investments in middle market businesses in targeted industries in which the principals of the firm have significant operating and investing experience, including healthcare, basic manufacturing, food, building materials and others. Highlander Partners uses a “buy and build” investment approach, creating value by helping companies grow organically and through acquisitions. For more information about Highlander Partners, please visit <a href="http://www.highlander-partners.com" target="_blank">www.highlander-partners.com</a>.</p>
<p><strong>About Flexpoint Ford, LLC</strong></p>
<p>Flexpoint Ford, LLC is an equity investment firm focused on the healthcare and financial services industries. Flexpoint Ford seeks to build relationships with executives and companies who look for Flexpoint Ford to be a value-added partner. Flexpoint Ford aims to invest $10 to $100 million of equity in each opportunity. For more information about Flexpoint Ford, please visit <a href="http://www.flexpointford.com/" target="_blank">www.flexpointford.com</a>.</p>
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		<title>PCI Company Announces $85 Million Debt Facility (June 2011)</title>
		<link>http://www.highlander-partners.com/news/pci-company-announces-85-million-debt-facility-june-2011/</link>
		<comments>http://www.highlander-partners.com/news/pci-company-announces-85-million-debt-facility-june-2011/#comments</comments>
		<pubDate>Mon, 01 Aug 2011 15:35:37 +0000</pubDate>
		<dc:creator>alex</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://highlander-partners.com/?p=1366</guid>
		<description><![CDATA[PCI Company Announces $85 Million Debt Facility Dallas, TX &#8211; June 3, 2011 – PCI Company, dba SensoryEffects (“PCI” or the “Company”), a portfolio company of Highlander Partners, L.P., today announced that the Company has renewed and expanded its senior debt facility from $34 million to $85 million. The new expanded facility will be used [...]]]></description>
			<content:encoded><![CDATA[<p><strong>PCI Company Announces $85 Million Debt Facility</strong></p>
<p><strong>Dallas, TX &#8211; June 3, 2011 –</strong> PCI Company, dba SensoryEffects (“PCI” or the “Company”), a portfolio company of Highlander Partners, L.P., today announced that the Company has renewed and expanded its senior debt facility from $34 million to $85 million.</p>
<p>The new expanded facility will be used to accommodate the Company’s future growth plans, refinance current debt, pay a dividend and for general corporate purposes.  The transaction was led by Texas Capital Bank, N.A. acting as Administrative Agent, Sole Lead Arranger and Sole Book Manager. In addition to Texas Capital Bank, the facility was also joined by The PrivateBank and Trust Company, as Syndication Agent, Enterprise Bank &amp; Trust and The F&amp;M Bank &amp; Trust Company.</p>
<p>“We’ve enjoyed a long lasting relationship with Texas Capital Bank and The PrivateBank who have been the Company’s bankers for several years now and we are excited about them participating in this facility. We welcome F&amp;M Bank and Enterprise Bank who are new to the credit, but have had a great relationship with Highlander,” commented Alex Guiva, a partner at Highlander Partners. “PCI has enjoyed rapid growth since its inception in 2005, and the additional debt capacity will facilitate the Company’s further growth as PCI continues to successfully execute its business strategy of providing value-added solutions to the food industry.”</p>
<p>Rick Rogers, Senior Vice President with Texas Capital Bank, noted: “Texas Capital Bank is excited to play a leading role in the financing being announced today.  PCI’s outstanding management team continues to be the key to the success of the company and provides confidence to the bank group that the success enjoyed since inception will continue.” He went on to say, “The professionals at Highlander Partners worked with the bank group in an extraordinary fashion to bring this creative financing to a quick conclusion.  We value greatly the relationship we have developed with both PCI and Highlander.”</p>
<p>“With the expanded debt capacity and strong balance sheet, the Company is well positioned to continue benefitting from its extensive Research and Development and Sales efforts and the Company’s management sees exciting organic and M&amp;A growth opportunities at all of PCI’s divisions,” according to Charles A. Nicolais, Chairman, CEO  and President of PCI Company.</p>
<p>Formed in 2005, PCI Company is a leading supplier of customized, technology-driven food and beverage solutions consisting of ingredient and flavor systems and finished products for numerous application categories, including baking, frozen dessert, beverages, dairy and nutritional systems. Since its inception, the Company has had tremendous growth organically and through strategic acquisitions. The Company has acquired four production plants and integrated six tuck-in acquisitions to become a leading developer and supplier of a wide variety of high quality specialty beverage and food powders, flavor delivery systems and inclusions, dairy ingredients and beverage bases and ready-to-eat breakfast cereals.</p>
<p><strong>About Highlander Partners, L.P.</strong></p>
<p>Highlander Partners, L.P., a Dallas-based private investment firm with over $300 million in capital allocated for direct private equity investments. The firm focuses on making investments in middle market businesses in targeted industries in which the principals of the firm have significant operating and investing experience, including healthcare, basic manufacturing, food, building materials and others. Highlander Partners uses a “buy and build” investment approach, creating value by helping companies grow organically and through acquisitions. For more information about Highlander Partners, please visit <a href="http://www.highlander-partners.com">www.highlander-partners.com</a>.</p>
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		<title>Highlander Partners Successfully Exits Strategic Equipment &amp; Supply Corporation (June 2011)</title>
		<link>http://www.highlander-partners.com/news/highlander-partners-successfully-exits-strategic-equipment-supply-corporation-june-2011/</link>
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		<pubDate>Mon, 01 Aug 2011 14:27:19 +0000</pubDate>
		<dc:creator>alex</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://highlander-partners.com/?p=1354</guid>
		<description><![CDATA[Highlander Partners Successfully Exits Strategic Equipment &#38; Supply Corporation Dallas, Texas &#8211; June 5, 2011 &#8211; Highlander Partners, L.P. is pleased to announce a successful exit from Strategic Equipment &#38; Supply Corporation (“SESC”), one of the largest full-service providers of foodservice equipment, supply and design solutions to restaurants and foodservice providers in the United States. [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Highlander Partners Successfully Exits Strategic Equipment &amp; Supply Corporation</strong></p>
<p><strong>Dallas, Texas &#8211; June 5, 2011 &#8211; </strong>Highlander Partners, L.P. is pleased to announce a successful exit from Strategic Equipment &amp; Supply Corporation (“SESC”), one of the largest full-service providers of foodservice equipment, supply and design solutions to restaurants and foodservice providers in the United States.  At the end of May 2011, SESC completed a refinancing event that provided for the repayment in full of amounts owed to Highlander under its second-lien facility.</p>
<p>Highlander’s investment in SESC was made during the fourth quarter of 2009.  It represented Highlander’s first major investment in the second-lien or other subordinated debt investment space.  With this successful realization event, Highlander remains excited to build on its experience to provide flexible and creative financing alternatives for middle-market companies in addition to its core control equity investments.</p>
<p>“We are proud to have worked with Strategic’s management team, and are grateful for their hard work and professionalism in making the company successful,” said Jeff Hull, an Operating Partner at Highlander Partners, “We always felt secure in our investment because of their strong leadership and careful stewardship.”</p>
<p><strong>About Highlander Partners</strong></p>
<p>Highlander Partners, L.P., a Dallas-based private investment firm with over $300 million in capital allocated for direct private equity investments. The firm focuses on making investments in middle market businesses in targeted industries in which the principals of the firm have significant operating and investing experience, including healthcare, basic manufacturing, food, building materials and others. Highlander Partners uses a “buy and build” investment approach, creating value by helping companies grow organically and through acquisitions. For more information about Highlander Partners, please visit <a href="http://www.highlander-partners.com">www.highlander-partners.com</a>.</p>
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		<title>Highlander Partners and Chase Capital Announce the Acquisition of Lund International Holding Company (April 2011)</title>
		<link>http://www.highlander-partners.com/news/highlander-partners-and-chase-capital-announce-the-acquisition-of-lund-international-holding-company-april-2011/</link>
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		<pubDate>Fri, 29 Apr 2011 16:05:37 +0000</pubDate>
		<dc:creator>alex</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://highlander-partners.com/?p=1178</guid>
		<description><![CDATA[Highlander Partners and Chase Capital Announce the Acquisition of Lund International Holding Company Atlanta, Georgia &#8211; April 29, 2011 - Highlander Partners, L.P., a Dallas-based private investment firm, today announced the acquisition of Lund International Holding Company (&#8220;Lund&#8221;), based in Buford, Georgia, outside of Atlanta. Highlander is joined in the transaction by Chase Capital Corporation, [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Highlander Partners and Chase Capital Announce the Acquisition of Lund International Holding Company</strong></p>
<p><strong>Atlanta, Georgia &#8211; April 29, 2011 </strong>- Highlander Partners, L.P., a Dallas-based private investment firm, today announced the acquisition of Lund International Holding Company (&#8220;Lund&#8221;), based in Buford, Georgia, outside of Atlanta. Highlander is joined in the transaction by Chase Capital Corporation, a Chicago-based division of JPMorgan Chase &amp; Co. Lund, with additional operations in Indiana, is a leading designer, manufacturer, and marketer of branded automotive aftermarket accessories for a full assortment of passenger cars and light trucks, as well as the heavy truck category. Lund offers the industry&#8217;s broadest range of functional body and appearance products that provide customers with ways to customize and personalize their vehicles.</p>
<p>Lund will continue to operate under its existing name and operating structure, with the management team, led by Chief Executive Officer George Scherff and President Mitchell Fogle, continuing in its current role. The management team partnered with Linsalata Capital Partners and Resilience Capital Partners to acquire Lund in 2007 and has successfully positioned Lund as the leader in aftermarket automotive accessories. The Company will continue to operate its three existing facilities and employ its workforce of approximately 475 persons in Georgia and Indiana.</p>
<p>Mr. Scherff commented, &#8220;We are excited to start our new relationship with Highlander, which will further Lund&#8217;s success and enhance its opportunities for growth with its extensive financial and operating experience.&#8221; Mr. Fogle added, &#8220;This is a huge opportunity for Lund to capitalize on a rebounding market and economy with a long-term strategic financial partner. We have spent the last three years positioning Lund and today have a leading position in all of our major product categories of the $27.9 billion specialty automotive equipment segment.&#8221;</p>
<p>Jeff L. Hull, Highlander Operating Partner and Chairman of Lund, stated, &#8220;We are very excited about the opportunities of combining our financial resources and operating experience with Lund&#8217;s superior management expertise. This management team endured a very difficult time in the automotive industry in 2008 and 2009, and by combining strong brand names, lean manufacturing capabilities, superior customer service, product innovation, and tailored marketing, they have made Lund the clear industry leader in its product categories and truly positioned it for future growth.&#8221;</p>
<p>Lazard Middle Market acted as financial advisor to Lund in the transaction. Regions Bank, (as Administrative Agent), Texas Capital Bank, F&amp;M Bank and Community &amp; Southern Bank provided senior financing facilities and Chase Capital Corporation provided second lien financing in this transaction.</p>
<p><strong>About Lund International Holding Company</strong></p>
<p>Lund International Holding Company is a leading designer, manufacturer, and marketer of branded automotive aftermarket accessories for a full assortment of passenger cars and light trucks, as well as the heavy truck category. Lund offers the industry&#8217;s broadest range of functional body and appearance products that provide customers with ways to customize and personalize their vehicles. For more information about Lund International, please visit www.lundinternational.com</p>
<p><strong>About Highlander Partners, L.P.</strong></p>
<p>Highlander Partners, L.P. is a Dallas-based private investment firm with over $300 million in capital allocated for direct private equity investments. The firm focuses on making investments in middle market businesses in targeted industries in which the principals of the firm have significant operating and investing experience, including healthcare, basic manufacturing, food, building materials and others. Highlander Partners uses a &#8220;buy and build&#8221; investment approach, creating value by helping companies grow organically and through acquisitions. For more information about Highlander Partners, please visit www.highlander-partners.com.</p>
<p><strong>About Chase Capital Corporation</strong></p>
<p>Chase Capital, a unit of JPMorgan Chase &amp; Co. (NYSE: JPM), focuses on providing subordinated debt and equity to privately-held businesses with annual revenues of less than $1 billion.</p>
<p><strong>About Lazard Middle Market</strong></p>
<p>Lazard Middle Market LLC (www.lazardmm.com), a subsidiary of Lazard Ltd (NYSE:LAZ), provides strategic advice on mergers and acquisitions, restructuring, and public and private capital raising to the middle market. Lazard Middle Market&#8217;s professionals focus exclusively on mid-cap companies, bringing to bear all the industry expertise, senior board-level relationships, and local perspectives of Lazard&#8217;s bankers in 41 cities across 26 countries in North America, Europe, Asia, Australia, and Central and South America.</p>
<p>If you would like more information about this transaction, please contact:</p>
<p>Jeff L. Hull 214-245-5000</p>
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		<title>Highlander Partners&#8217; Portfolio Company Acquires Dietrich&#8217;s Specialty Processing (March 2011)</title>
		<link>http://www.highlander-partners.com/news/highlander-partners-portfolio-company-acquires-dietrichs-specialty-processing-march-2011/</link>
		<comments>http://www.highlander-partners.com/news/highlander-partners-portfolio-company-acquires-dietrichs-specialty-processing-march-2011/#comments</comments>
		<pubDate>Thu, 31 Mar 2011 13:41:35 +0000</pubDate>
		<dc:creator>alex</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://highlander-partners.com/?p=1154</guid>
		<description><![CDATA[Highlander Partners&#8217; Portfolio Company Acquires Dietrich&#8217;s Specialty Processing BRIDGETON, MO (March 29, 2011) &#8211; Highlander Partners, L.P., an investment firm focused on making private equity investments in middle-market companies, today announced that a subsidiary of its majority-owned portfolio company, PCI Company (d/b/a &#8220;SensoryEffects®&#8221;), has acquired substantially all the assets of Dietrich&#8217;s Specialty Processing (&#8220;Dietrich&#8221;) in an [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Highlander Partners&#8217; Portfolio Company Acquires Dietrich&#8217;s Specialty Processing</strong></p>
<p><strong>BRIDGETON, MO (March 29, 2011) &#8211; </strong>Highlander Partners, L.P., an investment firm focused on making private equity investments in middle-market companies, today announced that a subsidiary of its majority-owned portfolio company, PCI Company (d/b/a &#8220;SensoryEffects®&#8221;), has acquired substantially all the assets of Dietrich&#8217;s Specialty Processing (&#8220;Dietrich&#8221;) in an auction sale under Section 363 of the Bankruptcy Code. </p>
<p>Dietrich is a provider of high quality, customized spray-drying services located outside of Reading, PA.  It has state-of-the-art processing and control capabilities including tall form dryers, evaporators and liquid and powder handling equipment. This acquisition will bring new processing capabilities to SensoryEffects®, including dairy based ingredients for the growing Health and Wellness category.  Due to the capabilities of the acquired assets, this transaction will also enhance SensoryEffects® Powder Systems&#8217; manufacturing efficiencies.</p>
<p>Charles Nicolais, President and CEO of SensoryEffects® said, &#8220;This acquisition furthers our ability to deliver customized food and beverage ingredients and products by expanding our capabilities and capacity.  SensoryEffects® will now possess specialty spray drying capabilities across three production sites: Defiance, OH, Bridgeton, MO and now Reading, PA.  With the growing demand for value-added powder systems, we now have multiple processing options to choose from when solving our customer&#8217;s problems.  In addition, with the dairy handling capabilities of the Dietrich plant, we will be able to customize new dairy-based ingredient solutions for our customers in the health and wellness category.  This site will be integrated into the SensoryEffects® Powder Systems business while maintaining the existing management team to facilitate a seamless transition for our valued customers and set the stage for continued growth.&#8221;</p>
<p>SensoryEffects® has experienced rapid growth organically and through acquisitions since Highlander provided seed funding in 2006 and, together with the company&#8217;s management team, Highlander is committed to continuing its strategy to build a leading food solution company focused on a high level of customer service, an innovative research and development approach and dedication to product quality and integrity.</p>
<p><strong>About Highlander Partners, L.P.</strong></p>
<p>Highlander Partners, L.P. is a Dallas-based private investment firm with over $300 million in capital allocated for direct private equity investments. The firm focuses on making investments in middle market businesses in targeted industries in which the principals of the firm have significant operating and investing experience, including healthcare, basic manufacturing, food, building materials and others. Highlander Partners uses a &#8220;buy and build&#8221; investment approach, creating value by helping companies grow organically and through acquisitions.</p>
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		<title>Growth Opportunities Drive Merger of Premix, Hadlock Plastics (January 2011)</title>
		<link>http://www.highlander-partners.com/news/growth-opportunities-drive-merger-of-premix-hadlock-plasticsgrowth-opportunities-drive-merger-of-premix-hadlock-plastics/</link>
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		<pubDate>Mon, 03 Jan 2011 23:26:48 +0000</pubDate>
		<dc:creator>alex</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://highlander-partners.com/?p=1105</guid>
		<description><![CDATA[Growth Opportunities Drive Merger of Premix, Hadlock Plastics North Kingsville, Ohio &#8211; January 4, 2011 - Highlander Partners, L.P., a Dallas-based investment firm and Capstone Capital Partners, a Cleveland-based investment firm, today announced the acquisition of Premix, Inc. of North Kingsville, Ohio, and its wholly-owned subsidiary Quantum Composites Inc. of Bay City, Michigan. Premix, a [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Growth Opportunities Drive Merger of Premix, Hadlock Plastics</strong></p>
<p><strong>North Kingsville, Ohio &#8211; January 4, 2011 -</strong> Highlander Partners, L.P., a Dallas-based investment firm and Capstone Capital Partners, a Cleveland-based investment firm, today announced the acquisition of Premix, Inc. of North Kingsville, Ohio, and its wholly-owned subsidiary Quantum Composites Inc. of Bay City, Michigan.</p>
<p>Premix, a global leader in the development, design and manufacture of thermoset composite materials and custom-molded components, will combine with another Highlander / Capstone portfolio company, Hadlock Plastics, LLC of Geneva, Ohio, an experienced custom molder and finisher of high-quality engineered composite products, to build a new, vertically integrated enterprise that will offer customers a full range of engineering and manufacturing processes, from prototype through production.</p>
<p>Hadlock Plastics President Terry Morgan will lead the combined company as Chief Executive Officer, and Premix Chief Operating Officer Tom Meola will assume an expanded role as Chief Operating Officer for the new company, which will maintain its three existing facilities and workforce in Ohio and Michigan. The new enterprise has 430 employees and a manufacturing capacity of more than 500,000 square feet.</p>
<p>&#8220;The drive to replace traditional manufacturing materials such as metal and wood with superior-performing, corrosion-resistant, high-strength-to-weight ratio composites is creating new opportunities in a broad range of industries, including aerospace, alternative energy, medical, electrical, HVAC, transportation, defense, construction, and industrial equipment,&#8221; said Terry Morgan. &#8220;Our complementary skills, technologies and manufacturing processes will broaden and deepen our capabilities, positioning us to capitalize on this growing trend.&#8221;</p>
<p>Premix, founded in 1959, is the largest North American developer, formulator and manufacturer of thermoset compounds and custom-molded components. The company markets commercial composite materials including Sheet Molding Compound (SMC), Bulk Molding Compound (BMC) and Thick Molding Compound (TMC). Premix offers compression, injection, and transfer molding to customers worldwide. Quantum Composites specializes in high-performance Engineered Structural Composites (ESC). Hadlock Plastics, established in 1968, offers multiple composite molding technologies, including compression molding, open molding, light resin transfer molding, and resin transfer molding as well as precision machining and complete finishing and assembly, along with a number of other value-added processes.</p>
<p>&#8220;The new company brings together seasoned engineering teams, experienced, dedicated employees, and a highly motivated sales force who will continue to serve their customers in diverse industries,&#8221; said Tom Meola. &#8220;We are eager to build upon the strengths of these longstanding and well-regarded thermoset companies as we expand into more markets and in more areas of the world.&#8221;</p>
<p><strong>About Highlander Partners, L.P.</strong></p>
<p>Highlander Partners, L.P. is a Dallas-based private investment firm with over $300 million in capital allocated for direct private equity investments. The firm focuses on making investments in middle market businesses in targeted industries in which the principals of the firm have significant operating and investing experience, including healthcare, basic manufacturing, food, building materials and others. Highlander Partners uses a &#8220;buy and build&#8221; investment approach, creating value by helping companies grow organically and through acquisitions.</p>
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		<title>Highlander Partners Invests in Akomex, a Leading Polish Cardboard Packaging Manufacturer and Printer; Allocates over USD 50 Million for Subsequent Investments in Central Europe (November 2010)</title>
		<link>http://www.highlander-partners.com/news/highlander-partners-invests-in-akomex-a-leading-polish-cardboard-packaging-manufacturer-and-printer-allocates-over-usd-50-million-for-subsequent-investments-in-central-europehighlander-partners-zam/</link>
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		<pubDate>Tue, 21 Dec 2010 23:19:21 +0000</pubDate>
		<dc:creator>alex</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://highlander-partners.com/?p=1021</guid>
		<description><![CDATA[Highlander Partners Invests in Akomex, a Leading Polish Cardboard Packaging Manufacturer and Printer; Allocates over USD 50 Million for Subsequent Investments in Central Europe November 24, 2010 - Warsaw, Poland &#8211; Highlander Partners, L.P., an American private equity firm, has finalized its purchase of a 53% stake in Akomex, a company based in Starogard Gdański, Poland. [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Highlander Partners Invests in Akomex, a Leading Polish Cardboard Packaging Manufacturer and Printer; Allocates over USD 50 Million for Subsequent Investments in Central Europe</strong></p>
<p><strong>November 24, 2010 - Warsaw, Poland</strong> &#8211; Highlander Partners, L.P., an American private equity firm, has finalized its purchase of a 53% stake in Akomex, a company based in Starogard Gdański, Poland. Akomex is a manufacturer and printer of cardboard packaging for the food, pharmaceutical, cosmetics, and telecommunications industries. This is the first investment in Poland for Highlander, which has over USD 300 million at its disposal for investments in small- and medium-sized businesses. Akomex&#8217;s shareholders intend to relocate the Company&#8217;s manufacturing facility to the Pomeranian Special Economic Zone, double production capacity to meet the demand from new customers and expand Akomex&#8217;s workforce. Following this investment, Highlander is focused on seeking other medium-sized family-owned Polish businesses that would benefit from access to additional capital and Highlander&#8217;s operating expertise. Highlander has allocated over USD 50 million for future investments in Central Europe.&#8221;Just as in the US, Highlander Partners&#8217; focus in Poland is on investments in well-developed manufacturing and services companies. The size of individual investments for Central Europe is usually between USD 5 and 20 million. Our preferred industry sectors are food, basic manufacturing, value-added services, construction materials and healthcare,&#8221; says Dawid Walendowski, Managing Partner at Highlander Partners in Warsaw, Poland.</p>
<p>Unlike the majority of private equity funds, Highlander Partners has its own capital rather than institutional funds, which provides for more flexibility on structuring transactions and a longer-term approach to investments. &#8220;Our investments are mainly focused on small- and medium-sized private companies with proven market success which are run by seasoned managers who lack capital for further dynamic development,&#8221; says Dawid Walendowski. Since its launch in 2004, Highlander Partners has executed numerous transactions in the healthcare services, food ingredients, basic manufacturing, and value-added services in the US, and is bringing its successful long-term investment strategy to Central Europe. &#8220;Since we are using our own proprietary capital for investments, long-term business development prospects are more important for us than short-term profits because we don&#8217;t work under the pressure of time restraints or investment horizon risk which the owners of capital impose on other private equity funds,&#8221; says Walendowski.</p>
<p>Akomex will invest over PLN 20 million in the next several months as it movesto a newer and larger manufacturing facility in the Pomeranian Special Economic Zone, builds new technical facilities, modernizes the Company&#8217;s machinery, and doubles its production capacity. In addition, the Company intends to hire several dozen employees in the Starogard Gdański area, where unemployment is currently at 19%.</p>
<p>Akomex manufactures printed cardboard packaging for food, cosmetics, pharmaceutical, telecommunications, footwear and other industries. For several years Akomex has experienced a growth rate over 20%, outperforming comparable packaging companies, and is expected to continue its tremendous growth in the future with Highlander&#8217;s backing. &#8220;We wanted to increase our competitive advantage, hence we decided on a private equity firm which, aside from its capital, will bring its operating experience to facilitate the company&#8217;s improvement in business performance and help the Company further penetrate food, manufacturing, telecommunications and other industries,&#8221; says Sebastian Śliwa, CEO of Akomex Sp. z o.o.<br />
&#8220;We are excited about the growth potential for this investment. Packaging plays a critical role in product differentiation at the point of sale for the Company&#8217;s customers and they are interested in high quality products and security of supply, which are the key attributes of Akomex&#8217;s business strategy. We are expecting significant growth in the future and are investing in the Company&#8217;s expansion of production equipment and upgrade of the operating infrastructure, which will improve the Company&#8217;s asset utilization and better position Akomex for the future,&#8221; says Dawid Walendowski, managing partner at Highlander Partners. Akomex exports its products to many Western European countries, as well as the Baltic states, Russia, and the Balkans. The firm is currently exploring potential add-on opportunities and has a robust pipeline of new projects expected to be initiated over the course of 2011.</p>
<p><strong><span style="text-decoration: underline;">About Highlander Partners, L.P.</span></strong><br />
Highlander Partners, L.P. is an American private equity investment firm founded in 2004 by Laurence E. Hirsch, former CEO and Chairman of the homebuilding firm Centex Corporation, and Michael R. Nicolais, formerly Managing Director and Co-head of the Dallas branch of the investment bank Donaldson, Lufkin &amp; Jenrette. Highlander Partners is based in Dallas, Texas, from where it coordinates investments in the continental United States. In 2008, Highlander Partners opened an office in Warsaw, Poland, which oversees investments in Central European countries. The Highlander Partners team in Warsaw is managed by Dawid Walendowski, a former partner at Enterprise Investors. The Warsaw office also employs Artur Łakomiec, operating partner, for many years the CEO of several restructured companies, together with Piotr Panasiewicz, investment director, who specializes in restructuring and increasing the effectiveness of companies.</p>
<p><strong>Key investment contact:</strong></p>
<p>Dawid Walendowski</p>
<p>Managing Partner, Central Europe</p>
<p>Highlander Partners, L.P.</p>
<p>plac Marszałka Józefa Piłsudskiego 3</p>
<p>00-078 Warszawa, Poland</p>
<p>tel +48 22 449 00 12</p>
<p>fax +48 22 449 00 01</p>
<p>email <a title="dwalendowski@highlander-partners.com" href="mailto: dwalendowski@highlander-partners.com">dwalendowski@highlander-partners.com</a></p>
<p>website <a href="http://www.highlander-partners.com">www.highlander-partners.com</a></p>
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		<title>Charterhouse Group, Highlander Partners and MTS Health Investors Announce the $260 Million Sale of Portfolio Company Chamberlin Edmonds to Emdeon (September 2010)</title>
		<link>http://www.highlander-partners.com/news/charterhouse-group-highlander-partners-and-mts-health-investors-announce-the-260-million-sale-of-portfolio-company-chamberlin-edmonds-to-emdeon-charterhouse-group-highlander-partners-and-mts-health/</link>
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		<pubDate>Wed, 08 Sep 2010 22:35:50 +0000</pubDate>
		<dc:creator>dave</dc:creator>
				<category><![CDATA[News]]></category>

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		<description><![CDATA[Charterhouse Group, Highlander Partners and MTS Health Investors Announce the $260 Million Sale of Portfolio Company Chamberlin Edmonds to Emdeon Rapid Organic Growth and Technology-Enabled Process Initiatives Yield Approximately 45% Internal Rate of Return September 8, 2010 –New York, NY – Charterhouse Group, Inc. (&#8220;Charterhouse&#8221;) a New York-based private equity firm, together with Highlander Partners [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Charterhouse Group, Highlander Partners and MTS Health Investors Announce the $260 Million Sale of Portfolio Company Chamberlin Edmonds to Emdeon</strong></p>
<p><em>Rapid Organic Growth and Technology-Enabled Process Initiatives Yield Approximately 45% Internal Rate of Return</em></p>
<p><strong>September 8, 2010 –New York, NY</strong> – Charterhouse Group, Inc. (&#8220;Charterhouse&#8221;) a New York-based private equity firm, together with Highlander Partners (&#8220;Highlander&#8221;), a Dallas-based investment firm, and MTS Health Investors (&#8220;MTS&#8221;), a healthcare private equity firm, announced today that Chamberlin Edmonds &amp; Associates, Inc., one of their portfolio companies, has entered into a definitive agreement to be acquired by a subsidiary of Emdeon Inc. (NYSE: EM), for $260 million in cash.</p>
<p>Headquartered in Atlanta, Georgia, Chamberlin Edmonds is a leading provider of government program eligibility and enrollment services to over 200 acute care facilities in 30 states. Chamberlin Edmonds’ technology-enabled services assist hospitals in lowering the incidence of uncompensated care, reducing bad-debt expense and increasing overall cash flow. Chamberlin Edmonds has a 24-year track record of patient advocacy and guiding uninsured patients through the complex processes associated with securing reimbursement from Medicaid, Social Security Disability, state disability, charity care and other community benefit programs.</p>
<p>Emdeon Inc. is a leading provider of healthcare revenue and payment cycle management solutions. The transaction will be financed through the use of unrestricted cash and borrowings under an amendment to Emdeon’s existing credit facility that will be established simultaneously with the closing of the transaction. In connection with the credit facility amendment, Emdeon has entered into an incremental $100 million financing commitment with Citigroup Global Markets Inc.</p>
<p>Under the investors’ ownership, the Company experienced rapid organic growth through the expansion of its hospital customer base and the launching of complementary service offerings. In addition, the Company implemented process and technology initiatives, which served to automate the process of populating an uninsured patient’s information, resulting in higher approval rates, lower costs per submitted application and greater cash recovery for its customers.</p>
<p>The sale transaction exemplifies the investor group’s approach of partnering with experienced, entrepreneurial management teams and executing well-defined growth strategies while using a prudent amount of debt. C. Taylor Cole, Jr., Managing Director at Charterhouse, William F. Miller, III, Operating Partner at Highlander Partners, Curtis S. Lane, Senior Managing Director at MTS Health Investors and Christopher J. Garcia, Member of the Investor Group and Chairman of the Company, collectively commented, “Chamberlin Edmonds is another example of our consistent strategy of partnering with seasoned executives and providing the financial and strategic resources necessary to help companies realize accelerated, profitable growth. We would like to thank Ulrich and his team for all the hard work and dedication they exhibited in leading Chamberlin Edmonds over the past several years. We are confident that the management team will have continuing success with Emdeon.”</p>
<p>“Chamberlin Edmonds has created a scalable technology-enabled service delivery platform that blends national reach and perspective with local delivery and knowledge,” said T. Ulrich Brechbühl, president and chief executive officer for Chamberlin Edmonds &amp; Associates. “By joining Emdeon, we are significantly better positioned to offer the full suite of tools, technologies, services and expertise required to build an optimized eligibility process, from screening through enrollment and cash recovery, to hospitals nationwide.”</p>
<p>For the six-months ended June 30, 2010, Chamberlin Edmonds’ revenue was approximately $46.3 million. The acquisition is subject to customary closing conditions, including expiration or early termination of the waiting period under the Hart-Scott-Rodino Act, and is expected to close in the fourth quarter of 2010. The Company was advised by Robert W. Baird &amp; Co. and Bryan Cave LLP. Charterhouse was advised by Proskauer Rose LLP.</p>
<div style="font-weight:bold; margin-bottom:4px;">About Chamberlin Edmonds</div>
<p style="margin-top: 4px;">Headquartered in Atlanta, Georgia, Chamberlin Edmonds serves as patient advocates and provides custom-tailored eligibility services to hospitals nationwide. Chamberlin Edmonds comprehensive services examine a wide spectrum of uninsured and underinsured patients, including inpatient, outpatient and emergency department cases. The advanced technology of its proprietary web-based system is built on the experience and expertise of some of the most qualified eligibility and enrollment professionals in the industry – its people. Chamberlin Edmonds has more than 24 years of experience in eligibility services, with eight regional offices in the U.S. Please visit www.chamberlinedmonds.com to learn more.</p>
<div style="font-weight:bold; margin-bottom:4px;">About Emdeon</div>
<p style="margin-top: 4px;">Emdeon is a leading provider of revenue and payment cycle management solutions, connecting payers, providers and patients in the U.S. healthcare system. Emdeon&#8217;s product and service offerings integrate and automate key business and administrative functions of its payer and provider customers throughout the patient encounter. Through the use of Emdeon&#8217;s comprehensive suite of products and services, which are designed to easily integrate with existing technology infrastructures, customers are able to improve efficiency, reduce costs, increase cash flow and more efficiently manage the complex revenue and payment cycle process. For more information, visit www.emdeon.com.</p>
<div style="font-weight:bold; margin-bottom:4px;">About Charterhouse Group</div>
<p style="margin-top: 4px;">Charterhouse Group, Inc. is a private equity firm with almost four decades of experience in working with Entrepreneurs and building leading middle-market companies. Established in 1973, Charterhouse has invested in excess of $2.0 billion in equity and established over 100 platform companies with a focus in the Healthcare Services, Business Services and Consumer Products and Services sectors. For more information on Charterhouse, please visit www.charterhousegroup.com.</p>
<div style="font-weight:bold; margin-bottom:4px;">About Highlander Partners</div>
<p style="margin-top: 4px;">Highlander Partners, L.P. is an investment firm based in Dallas, Texas that manages assets across a variety of investment types with a significant portion of its funds allocated for direct private equity investments. Highlander Partners primarily focuses on healthcare investments, but also has expertise in basic manufacturing, performance chemicals, food ingredients and other sectors. For more information on Highlander Partners, please visit www.highlander-partners.com.</p>
<div style="font-weight:bold; margin-bottom:4px;">About MTS</div>
<p style="margin-top: 4px;">MTS Health Investors, LLC, located in New York, is a healthcare private equity firm that makes equity investments in the buyout, recapitalization or growth financing of healthcare operating companies. MTS focuses on businesses that operate in services sectors of the healthcare industry &#8211; managed care/health insurance, providers of healthcare services, distributors of medical products and providers of outsourced services to the healthcare industry. MTS invests in profitable companies that deliver cost-effective services and have the ability to gain market share in industry segments that are typically large, growing, fragmented and poised for consolidation. For further information, please visit www.mtshealthinvestors.com.</p>
<div style="font-weight:bold; margin-bottom:4px;">Contact:</div>
<p style="margin-top: 4px;">For Charterhouse Group, Inc.: David G. Hoffman, 212-584-3234, dhoffman@charterhousegroup.com</p>
<p style="margin-top: 4px;">For MTS Health Partners: Beth L. Steinberg, 212.887.2182, steinberg@mtspartners.com</p>
<p style="margin-top: 4px;">For Highlander Partners: William F. Miller, 214.245.5006, bmiller@highlander-partners.com</p>
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