H.I.G. Europe Announces the Appointment of Olivier Boyadjian as Managing Director for Paris Office

H.I.G. Europe, the European affiliate of H.I.G. Capital, today
announced the appointment of Olivier Boyadjian as Managing Director
for its Paris office. Mr. Boyadjian joins H.I.G. after leading a
number of successful private equity investments in France in a wide
range of industries. Prior to joining H.I.G., Mr. Boyadjian was the
Head of the investment team at CDC Capital Investissement which
currently manages a EUR 700 million fund.

H.I.G. Europe closed on a EUR 600 million dedicated European fund
in 2007 and currently has offices in London, Hamburg and Paris. With
more than 35 investment professionals based in Europe, H.I.G. Europe
focuses on small and midsize companies with a value up to EUR 200
million. It has a broad investment mandate, ranging from growth /
development capital, to buyouts, and distressed / turnaround special
situations.

Commenting on Mr. Boyadjian´s appointment, Sami Mnaymneh,
co-founder and Managing Partner of H.I.G., noted: "Olivier is an
experienced and highly regarded professional with an in-depth
understanding of private equity in France. We are excited to have him
head our team in France and expand our presence and efforts in
Europe." Mr. Boyadjian added: "I look forward to leading H.I.G.´s
activities in France. I believe that with H.I.G.´s flexibility and
ability to quickly commit to transactions, there will be a significant
amount of activity for us in the French market."

H.I.G.´s investment team in France currently consists of eight
professionals, and most recently completed the acquisition of Diam,
SA, a EUR 120 million revenue high end cosmetic display manufacturer,
in 2007.

About H.I.G. Capital

H.I.G. Capital is a leading global private equity firm focused on
management buyouts and recapitalizations of leading middle market
companies as well as growth equity investments. With more than $4.5
billion of equity capital under management and more than 150
investment professionals worldwide, we are dedicated to using our
in-house operating expertise to help talented management teams and
entrepreneurs build companies of significant value. We work closely
with our portfolio companies and provide capital, operating and
strategic expertise, and a network of strategic industry contacts to
help them become industry leaders. H.I.G. also has significant
experience leading the turnaround and restructuring of underperforming
or distressed companies. We are currently a significant investor in
over 75 companies in the U.S. and Europe in a diverse range of
industries, with combined annual revenues in excess of $7 billion. We
invite you to learn more about H.I.G. www.higcapital.com.