FOR IMMEDIATE RELEASE: June 28, 2010

Diamond Castle Holdings is pleased to announce the addition of Simon T. Roberts to its management team effective July 1st. Mr. Roberts will be a Senior Managing Director and will focus on operations at the firm’s portfolio companies.

Mr. Roberts has over 20 years of experience in driving growth and improving profitability at companies in a wide variety of industries. He joins Diamond Castle from Bain & Company, where he spent the last 15 years working with many of the world’s leading private equity firms on due diligence and portfolio value enhancement. He most recently led Bain’s private equity practice in New York.

“I am extremely excited about joining Diamond Castle,” said Mr. Roberts. “Like other leading private equity firms, Diamond Castle is continually introducing measures to improve operating performance and increase strategic value in its portfolio companies. Diamond Castle has a strong team of senior operating partners and has already instituted many value enhancement initiatives among its investments. I intend to bring increased coordination to these activities and to introduce additional growth and profit improvement measures.”

Ari Benacerraf, a co-founder and Senior Managing Director at Diamond Castle, added, “Simon Roberts represents the latest investment in our ongoing commitment to help drive the success of our portfolio companies and management teams. He brings significant experience in deploying cutting edge approaches to enhance operating performance. We expect that Simon will engage quickly at several of our current portfolio companies, as well as work with the rest of the Diamond Castle team to identify and drive future growth and profit improvement initiatives across the portfolio. Simon has significant experience in the industrial, healthcare and financial services industries, which is a great fit with our current portfolio and targeted verticals.”

Simon Roberts holds an MBA from the MIT Sloan School and an MA in Engineering from Cambridge University. He spent the first few years of his career as an engineer for a packaging company.

About Diamond Castle Holdings, LLC

Diamond Castle Holdings, LLC is a private equity firm with over $1.85 billion of committed capital under management. Founded in 2004, Diamond Castle specializes in leveraged buyouts, growth capital and equity-like investments in both public and private companies. Diamond Castle targets investments in the following industry sectors: media and communications, energy and power, financial services, healthcare and diversified industries. Diamond Castle has 23 employees located in New York, New York. For more information please visit http://www.dchold.com.

Contact:
Maureen Connelly

Phone: (212) 437-7373
Email: mconnelly@candm1.com

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