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NewStar Financial Participates in Senior Financing for Specialized Education Services

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Boston, MA - NewStar Financial, Inc. (NASDAQ:NEWS), a Boston-based specialty finance company, announces that it has provided debt capital in support of a $63.0 million senior debt financing led by GE and BMO that backs the buyout of Specialized Education Services ("SESI") by Chicago Growth Partners ("CGP").  SESI provides education services for children and youth facing learning, language and social challenges. Serving over 1,700 students in seven states, SESI provides educational services to children with learning and behavioral difficulties in kindergarten through 12th grade. CGP is a lower middle market focused private equity firm based in Chicago, IL that has approximately $900 million of capital under management.

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