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Huron Capital Caps Strong Year With Five Acquisitions In 4Q07
Date:1/14/2008

Huron Expands Presence in Medical Products, Specialty Coatings,

Transportation and Print Solutions

DETROIT, Jan. 14 /PRNewswire/ -- Huron Capital Partners announced today that in the fourth quarter of 2007 the firm added five companies to its portfolio, capping a very active year for Huron where the firm completed 14 acquisition and divestiture transactions valued at over $225 million. Terms of the transactions were not disclosed.

During the quarter, Huron partnered with management to recapitalize Michigan Orthopedic Services ("MOS"). Headquartered in Livonia, MI, MOS operates a network of patient care facilities that design, fit and fabricate orthotic and prosthetic ("O&P") devices for patients with medical conditions which require such devices to physically support a particular portion of the body (orthopedic braces) or to replace the functionality of a limb which was amputated or had a congenital birth defect (prosthetic devices).

John C. Higgins, a Partner at Huron, stated, "We had been actively searching for a platform to invest in the orthopedics & prosthetics industry and believe that MOS provides an excellent foundation from which to build. MOS has a demonstrated service differentiation and track record of growth through quality patient care, referral relationship development and branch expansion." Aziz "Ozzy" Naser CPO, CEO of MOS, added, "We are excited about the partnership with Huron. Their value-added operational approach will enable the company to grow rapidly through new branch openings and strategic acquisitions."

Also during the quarter, Huron expanded its presence in the areas of specialty coatings, print solutions, and ground transportation services with a series of significant add-on acquisitions to its platforms.

Through Quest Specialty Chemicals, Huron's platform in the specialty chemicals industry, the firm acquired Hydro-Stop. Based in Charleston, SC, the company is a leading
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SOURCE Huron Capital Partners LLC
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