H.I.G. Capital Acquires Diam Europe

H.I.G. Capital ("H.I.G."), one of the main US private equity
middle-market investors, has just completed its acquisition of Diam
Europe, the European leader in high quality displays for cosmetic
products.

The acquisition of Diam Europe ("Diam") follows on from a series
of complex transactions beginning with the purchase of all Diam's
senior debt in January 2007.

Diam is based in the Paris region (Les Mureaux) and offers its
customers a full range of products and services, from the design and
manufacture of displays to their installation and maintenance at the
point of sale. The displays are custom-built for each customer, using
a combination of top quality plastics, wood and metal. With sales of
EUR 100 million, the company has subsidiaries in Great Britain,
Belgium, Germany and Spain and is pursuing its development strategy in
the US and China.

Anthony DiSimone, Managing Director of H.I.G. in Miami: "We are
very happy to be working with Diam and supporting its development.
Diam has an excellent reputation for customer service and we are
delighted to be able to work with its management team to expand the
business on the international market."

Thibaud Caulier, Director of H.I.G. in Paris: "H.I.G. is one of
the most active and successful US middle-market investors. We aim to
replicate H.I.G.'s US success in Europe, focusing specifically on
financially or operationally complex transactions. H.I.G.'s takeover
of Diam is a particularly representative example of the type of
transaction we are seeking in Europe."

H.I.G. Capital

H.I.G. Capital is a leading US private equity company operating in
the mid-market. H.I.G.'s investment focuses on different levels of the
companies' balance sheet, be it equity capital, senior, junior or
mezzanine debt or even special situations. H.I.G. has a portfolio of
companies to whom it provides access to new financial and operational
resources, thus supporting their development and strengthening their
strategic position.

With EUR 3.5 billion assets under management, H.I.G. invests in
companies that are not listed in the US and European markets. Its
headquarters are in Miami and it has offices in Atlanta, Boston and
San Francisco in the United States and European offices in London,
Paris and Hamburg. Over the last ten years H.I.G. has invested in 50
companies, generating a consolidated turnover of EUR 6 billion.

Further information available at: www.higcapital.com.