Primus Completes Final Closing on its Sixth Fund

8/25/2008

Primus Completes Final Closing on its Sixth Fund

CLEVELAND, OH – Primus Capital Partners, Inc. (“Primus”) announces that it has completed a final closing on Primus Capital Fund VI, LP (“Primus VI”) with investor commitments totaling $275 million, exceeding the fund’s targeted amount of $250 million. Public pension funds, banks, insurance companies, fund-of-funds, and several family offices are represented among the Primus VI investors. William Blair Funds Placement Group, L.L.C. acted as placement agent.

Primus VI will continue the strategy of its predecessor funds and will make equity investments in established, high growth companies in the healthcare, business services and education industry sectors. Transaction types considered include growth equity financings, recapitalizations and management-led buyouts.

Primus VI has made commitments to the following companies:

* Healthcare Management Systems , a provider of integrated hospital information systems to community and specialty hospitals.
* Laboratory Partners , a provider of clinical diagnostic testing services to hospitals, other healthcare facilities and physicians.
* American Institutes , a post-secondary education company that offers career-oriented courses in the fields of healthcare, business and technology.
* PartsSource , an alternative parts supplier to the healthcare industry.
* Passport Health Communications , a provider of revenue cycle management services to hospitals and other healthcare providers.

Since its founding in 1983, Primus has invested in over 100 companies and currently manages a portfolio of 21 companies.