News Articles:12-6-06
Brooks, Houghton Interim Funding
Announces
$7.5 Million Investment in StaffCo Management Group, Inc.
New York, NY - December 6, 2006 - Brooks, Houghton Interim Funding announced that it has closed on a $7.5 million senior subordinated loan facility to StaffCo Management Group, Inc. Headquartered in Greensboro, North Carolina, StaffCo is a rapidly growing regional provider of diversified commercial and industrial staffing services to the mid-Atlantic and southeast regions of the United States. The Company, with 29 offices, specializes in providing skilled and unskilled personnel in a number of trades including general labor, machine operation, administrative duties, and nursing to clients with seasonal or temporary personnel demands. Proceeds from the investment were used to acquire Hobbs Staffing Services, Inc. and to retire existing indebtedness.


About StaffCo Management Group, Inc.
StaffCo is a rapidly growing regional provider of diversified commercial and industrial staffing services to the mid-Atlantic and southeast regions of the United States. The Company, with 29 offices, specializes in providing skilled and unskilled personnel in a number of trades including general labor, machine operation, administrative duties, and nursing to clients with seasonal or temporary personnel demands.

About Brooks, Houghton Interim Funding - $200 Million Committed Capital Fund
Brooks, Houghton Interim Funding, established in 1999, provides bridge and interim capital (a term of up to three years, interest only, with no prepayment penalties) ranging from $5 million to $25 million to profitable, U.S. middle-market companies that require capital to facilitate an acquisition or recapitalization, finance profitable growth or expansion, augment working capital or senior debt, and capitalize on time-sensitive opportunities. The principals of the Fund work closely with its referral sources including senior lenders, investment bankers, and private equity firms. Brooks, Houghton is currently investing the capital of its $200 million second fund.

Φ BHC Middle Market Funding, L.P. – Φ Brooks, Houghton & Company, Inc.
780 Third Avenue 35th Floor New York, NY 10017 Phone: (212) 753-1991 Fax: (212) 753-7730
263 Tresser Boulevard   Stamford, CT 06901 Phone: (203)-564-1979 Fax: (203)-564-1402

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