Tuesday, March 4, 2008

Core Capital Engaged by True North Companies

M&A Firm Chartered to Seek Acquisition Candidates for Private Equity Group

COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Core Capital has been engaged by True North Companies, LLC to assist in True North’s search for attractive acquisition candidates to add to its current company portfolio. Core Capital, a specialty investment banking practice focused on middle market companies, will support the search efforts of True North, a private equity firm with diverse holdings, including a variety of operating companies and commercial properties.

True North is actively seeking to acquire companies in various markets including business-to-business services, healthcare, light manufacturing and equipment rental. More important than industry focus, however, is True North’s assessment of the acquisition candidate’s position within its market, management depth, competitive landscape and durability of earnings.

“We are very excited about the agreement with True North because they provide a well-differentiated offering that fills an important gap in our financing tool box,” explains Loren Lancaster, managing director of Core Capital. “True North has a very clear vision of where they want to go, and we’re going to help them reach their objectives. We have a wide network both through our company’s experienced leaders, as well as through our global partners in the International Network of M&A Partners (IMAP), that will be leveraged to meet True North’s needs.”

“Our current holdings and the companies that we’re interested in acquiring are unique and hold strong positions within their respective markets,” says David Tedesco, managing partner and chief executive of True North. “We are working with Core Capital to discover, and acquire more of these exceptional companies and help take them to the next level.”

For more information on True North’s search criteria, call 719-598-4680 or email llancaster@corecapital.net.

Core Capital

Core Capital Group focuses exclusively on providing a full range of M&A services to middle market companies. Core Capital is a member company of the International Network of M&A Partners (IMAP), a global partnership of leading merger & acquisition advisory firms with over 79 offices located in 34 countries worldwide. For more information, go to www.corecapital.net.

True North Companies

True North Companies is a private equity firm specializing in the acquisition and management of attractive operating companies. True North’s subsidiaries and investments encompass a wide range of companies with diverse operations. A True North hallmark is the willingness and ability to quickly move on opportunities, while being extremely flexible and adaptive to the unique needs of each transaction. True North Companies collectively make up a group of businesses with superior management and excellent cash flow. For more information, visit www.tnch.com.

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