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BOSTON, MA –
January 4, 2006

Charlesbank Capital Partners Announces New Managing Directors, Vice President

Charlesbank Capital Partners is pleased to announce the appointment of Jon M. Biotti, Michael W. Choe and Brandon C. White to Managing Director and the promotion of Joshua A. Klevens to Vice President.

Mr. Biotti joined Charlesbank in 1998 from the Harvard Business School, where he was a graduate teaching fellow in entrepreneurial finance after graduation. He received a BA in government and sociology, cum laude, an MBA with distinction and an MA in public administration from Harvard University. Mr. Biotti serves on the board of Zenith Products.

Mr. Choe and Mr. White joined Charlesbank’s predecessor firm, Harvard Private Capital Group, from McKinsey & Company in 1997. Mr. Choe is a cum laude graduate of Harvard University, with a BA in biology. As an undergraduate, he spent a year at the London School of Economics. Mr. Choe serves on the board of The GSI Group.

Mr. White holds a BA in economics from Brigham Young University, where he graduated summa cum laude and was valedictorian. He serves on the boards of CSI Leasing, Technisource, Walco International and WorldStrides.

Of the new managing directors, Michael Eisenson, Managing Director and CEO of Charlesbank Capital Partners, says, “Over the years, these professionals have proven their strong leadership skills and made significant contributions both in identifying investment opportunities and in helping our Charlesbank portfolio companies grow and prosper. We have great confidence in their abilities and are delighted to welcome them as partners.”

Mr. Klevens joined Charlesbank in summer 2005 from Bain Capital Partners, where he worked for five years. Mr. Klevens is a cum laude graduate of Princeton University, with a BA from the Woodrow Wilson School of Public Policy and International Affairs. He also holds an MBA from Stanford University.

“We expect that Josh will make an important contribution to Charlesbank and are pleased to have him with us,” says Mr. Eisenson.


ABOUT CHARLESBANK CAPITAL PARTNERS

Based in Boston and New York, Charlesbank Capital Partners is a middle-market private equity investment firm managing more than $2 billion of capital. Charlesbank focuses on management-led buyouts and growth capital financings, typically investing $50 million to $150 million per transaction in companies with enterprise values of $100 million to $750 million. The firm seeks to partner with strong management teams to build companies with sustainable competitive advantages and excellent prospects for growth. Visit www.charlesbank.com for more information.