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RoundTable Healthcare Partners Closes Sale of MedAssist Holding, Inc. to Firstsource Solutions Limited
Date:9/28/2007

commitment to help us grow our business. Over the past four years, RoundTable has been an exceptional partner. They have fully delivered on the value-added operational benefits which they promised when we first decided to partner with them. Their transactional expertise was key to making several successful and complementary acquisitions as well as consummating our new partnership with Firstsource."

The sale of MedAssist marks the third major portfolio realization for RoundTable's $400 million Fund I which closed in March 2002. Previously, Sabex Holdings Ltd. was sold in August 2004 to Sandoz for $565 million and American Medical Instruments Holdings, Inc. was sold to Angiotech Pharmaceuticals, Inc. for $785 million in February 2006. Additional realizations for Fund I investors have come from four portfolio company recapitalizations. Robert W. Baird & Co. and Kirkland & Ellis LLP advised MedAssist on this transaction.

"MedAssist is another example of the strength of RoundTable's partnership model," said Lester B. Knight, Managing Partner of RoundTable. "Working in concert with MedAssist's owner/founder and management team, RoundTable focused on adding value to the business through the combination of our operational orientation, transaction expertise, healthcare relationships and access to senior management talent. The resulting sale of MedAssist captures tremendous value for all our stakeholders. For our investors, the transaction represents a return of nearly five times RoundTable's invested equity capital."

About RoundTable Healthcare Partners

RoundTable Healthcare Partners, Lake Forest, IL, is an operating-oriented private equity firm focused exclusively on the healthcare industry. RoundTable partners with companies that can benefit from its extensive industry relationships and proven operating and transaction expertise. RoundTable has established a successful track record of working with owner/founders, family companies, management teams,
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SOURCE RoundTable Healthcare Partners
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