NewStar Financial Provides Acquisition Financing for Trinity Consultants
NewStar Backs Leveraged Buyout by Sentinel Capital Partners
Boston, MA February 12, 2008 NewStar Financial, Inc. (NASDAQ:NEWS), a Boston-based specialty finance company, announces that it has provided a senior credit facilities in partnership with ORIX Finance Corp. to support the acquisition of Trinity Consultants ("Trinity") by Sentinel Capital Partners ("Sentinel") and Trinity's management and employees. Founded in 1995, Sentinel is a private equity firm based in New York, NY with approximately $500 million of capital under management. NewStar served as the Co-Lead Arranger for the senior secured credit facilities, comprised of a revolving credit facility and a term loan.Trinity is the leading provider of air-quality consulting services including strategic planning, compliance, and new permitting to large and medium- sized companies in the U.S. The company has a particular expertise in assisting utilities, manufacturers, and industrial firms, in preparing, obtaining, and complying with air quality operating permits. Eric Bommer, a Partner at Sentinel, said, "NewStar was very helpful and patient throughout the deal process. This is our second transaction with NewStar in the past four months. We continue to view NewStar as a value-added financing provider and look forward to working with the team on future transactions.""We are thrilled to successfully complete another deal with Sentinel," said Pat McAuliffe, Managing Director at NewStar Financial. "Trinity has tremendous growth potential fueled by favorable industry trends, strong marketplace reputation and outstanding customer relationships."NewStar's deal team included Patrick McAuliffe, Bruce Catania, Michael Purcell, John Koehler, and Nicholas Ganias.About NewStar Financial, Inc.:
NewStar Financial (NASDAQ:NEWS) is a specialized commercial finance company focused on meeting the complex financing needs of companies and private investors in the middle markets. The Company specializes in providing senior secured debt financing for the acquisition or recapitalization of mid-sized companies and commercial real estate. NewStar originates loans directly through a team of experienced, senior bankers organized around key industry and market segments. The Company targets 'hold' positions of up to $20 million and selectively underwrites or arranges larger transactions for syndication to other lenders. NewStar is headquartered in Boston MA and has regional offices in Darien CT, Chicago IL, San Francisco CA, San Diego CA, and Charleston SC. For more detailed transaction and contact information, please
visit our website at www.newstarfin.com
Anne G. Bork
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