July 14, 2006

The Beekman Group Announces Final Closing of Beekman Investment Partners, LP

The Beekman Group (TBG) announces the Final Closing of Beekman Investment Partners, LP (the “Fund”), a private equity fund focused on equity investments in small middle-market companies (revenues between $10 - $100 million). Together with its lead investors and strategic co-invest partners TBG can commit up to $50 million of equity capital per investment. TBG brings together an experienced team of private equity and operating professionals, as well as a group of leading operating executives (Industry Partners) from its targeted industry sectors: Financial Services, Infrastructure, Consumer and Business Services. Collectively, the TBG Principals and Industry Partners have over 250 years of experience and a strong track record of success. The principals of the Fund include John G. Troiano, former Managing Director of Onex Corporation (, a leading North American private equity firm with $16 billion in assets, Marc Aronstein, former partner of Odeon Capital, a middle-market private equity firm, and Andrew V. Marolda, former finance executive at American Express ( TBG’s ten Industry Partners have expertise in insurance, community banking, healthcare, insurance, food service, consumer, transportation, energy and water services. TBG aims to bring capital together with operational and financial expertise to small-middle market opportunities in control transactions, special situations including distressed transactions and select minority interest investing in our industry sectors. TBG’s investment strategy is to partner with operating management teams and create long-term, sustainable value. The Fund’s investors include a select group of leading institutions, high net-worth individuals and the partners of TBG. About The Beekman Group The Beekman Group is a leading private equity firm dedicated to bringing financial and operational resources to small middle-market companies. TBG’s team consists of experienced private equity and operating professionals, as well as a select group of Industry Partners who are leading executives in our targeted industry segments. This Industry Partner approach to investing is the cornerstone of our investment strategy - creating value through partnership with small middle-market management teams. For more information please contact [email protected].