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Rosewood Private Investments Announces
the Recapitalization of Port-A-Cool, LLC

Dallas, Texas and Center, Texas (September 18, 2009)

Rosewood Private Investments has completed a dividend recapitalization of Port-A-Cool, LLC along with an extension of its loan facilities. The new credit facility was provided by Port-A-Cool's incumbent lender, Wells Fargo Business Credit. The ability to complete a dividend recap in the current credit environment is a testament to the company's strong operating fundamentals along with Rosewood's philosophy of limiting the total amount of leverage that it employs in acquisitions.

About Port-A-Cool, LLC

Founded in 1993, Port-A-Cool, LLC (www.port-a-cool.com) is a leading designer, manufacturer, and seller of portable evaporative cooling units and evaporative cooling media. Port-A-Cool units are used throughout the world where central air conditioning is not available or feasible.

About Rosewood Private Investments

Rosewood Private Investments (www.rosewoodpi.com) is the private equity arm of The Rosewood Corporation, a prominent family-owned company with diverse worldwide operations and investments. Rosewood has a long history of investing in profitable, growing middle-market companies that are the best in their respective industries.


 

 
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