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H.I.G. Capital Completes Sale of Vantage Specialty Chemicals

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					H.I.G. Capital Completes Sale of Vantage
Specialty Chemicals
January 05, 2012 06:41 PM Eastern Time 

MIAMI--(EON: Enhanced Online News)--H.I.G. Capital, L.L.C. (“H.I.G.”), a leading global private equity
investment firm, today announced the sale of Vantage Specialty Chemicals ("Vantage" or the “Company”) to The
Jordan Company, a private equity firm with offices in New York, NY, Chicago, IL and Shanghai.

Vantage, headquartered in Chicago, IL, is a uniquely positioned specialty chemicals company focused on naturally
derived ingredients for a diverse and growing set of global end markets including personal care, consumer products,
industrial and food markets. Vantage converts renewable animal- and vegetable-based raw materials into products
that are widely used in a range of specialized applications due to their performance benefits and environmental
characteristics. Vantage was formed by H.I.G. in May 2008 through the acquisition of Croda International’s U.S.
oleochemical business (f/k/a Uniqema Americas). Vantage then acquired Lambent Technologies in October 2008
and Lipo Chemicals in July 2010, forming a vertically integrated, natural specialty chemical provider. Today,
Vantage maintains a global presence in 13 countries with revenues in excess of $500 million annually.

“H.I.G. has been a tremendous partner to Vantage and has been instrumental in helping us establish and execute our
growth strategy,” said Julian Steinberg, Chief Executive Officer of Vantage. “In the last three and a half years, we’ve
made two sizeable acquisitions, expanded our global reach, invested in new technologies, and made sizeable capital
investments to increase capacity at both of our manufacturing facilities.” 

“We have been very fortunate to be able to partner with the executive team at Vantage. They have successfully
executed on a number of strategic initiatives and significantly grown the business organically, positioning the
Company very well for the future,” commented Rick Rosen, an Executive Managing Director of H.I.G. Capital.
“Vantage has been an extremely successful investment for us and our investors. We look forward to watching the
Company’s continued success in the future.” 

About H.I.G. Capital

H.I.G. Capital is a leading global private equity investment firm with more than $8.5 billion of equity capital under
management. Based in Miami, and with offices in Atlanta, Boston, New York, and San Francisco in the U.S., as
well as affiliate offices in London, Hamburg and Paris in Europe, H.I.G. specializes in providing capital to small and
medium-sized companies with attractive growth potential. H.I.G. invests in management-led buyouts and
recapitalizations of profitable and well-managed service or manufacturing businesses. H.I.G. also has extensive
experience with financial restructurings and operational turnarounds. Since its founding in 1993, H.I.G. has invested
in and managed more than 200 companies worldwide. For more information, please refer to the H.I.G. website at
www.higcapital.com.

About The Jordan Company

The Jordan Company, founded in 1982, is a leading middle-market private equity firm with approximately $6 billion
of capital under management and a successful track record of investing in and growing businesses across a wide
range of industries. The firm’s partners have been investing together for more than two decades, establishing The
Jordan Company as one of the most experienced and stable investment teams in private equity. The investment team
is supported by the firm’s Operations Management Group, which initiates and supports operational improvements in
portfolio companies. The firm generates deal flow through a well-developed network of sourcing relationships.
Headquartered in New York, The Jordan Company also has offices in Chicago and Shanghai. For more
information, please refer to our website: www.thejordancompany.com.

Contacts
H.I.G. Capital
Rick Rosen, Executive Managing Director
rrosen@higcapital.com
or
Keval Patel, Principal
kpatel@higcapital.com
305-379-2322

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