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BOSTON, MA –
July 17, 2006

Charlesbank Capital Partners Announces Promotions

Charlesbank Capital Partners announces the promotions of Tami Nason to General Counsel and Ryan Carroll to Vice President, effective July 1.

Ms. Nason has been with Charlesbank since its formation in 1998 and has served as its senior in-house legal professional since that time. She joined its predecessor firm, Harvard Private Capital Group, in 1988.

“Tami has been a mainstay of our firm for many years, and her appointment to this newly created position reflects her central and continually expanding role in Charlesbank’s legal affairs,” says Michael Eisenson, Managing Director of Charlesbank Capital Partners.

Tami earned a BA, magna cum laude, in political science from Wheaton College (Norton, MA) and a JD from Suffolk University. She is a member of the Massachusetts Bar.

Mr. Carroll joined Charlesbank’s investment team in 2000 as an Associate and was promoted to Senior Associate in 2003. Previously, he was with LEK Consulting, a global strategy consulting firm, where he worked on both corporate strategy and private equity projects.

“During his six years with us, Ryan has shown a deep commitment to Charlesbank and to our portfolio companies,” says Mr. Eisenson. “He has worked on key projects in a wide range of industries and has played a significant role in the creation and development of a number of our investments.”

Mr. Carroll serves on the board of Zenith Products, a portfolio company. He earned a BA in economics from Harvard University.


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.