Camden Partners of Baltimore Sells Equity Interests in Masterplan

March 7, 2007

Baltimore, Md. - Camden Partners Holdings, LLC, a private equity firm headquartered in Baltimore, today announced the sale of a majority interest in Masterplan, one of the nation's largest providers of outsourced repair and maintenance services for healthcare organizations, to Berkshire Partners, LLC, a Boston-based private equity firm. Terms of the transaction were not disclosed.

Masterplan is a private company and was previously majority owned by Three Cities Research, Inc., a New York City-based private equity firm and Camden Partners. Three Cities Research and Camden Partners will retain a minority interest in Masterplan.

Founded in 1974 and headquartered in Chatsworth, Calif., Masterplan provides repair, maintenance and asset management services to hospitals and integrated health systems in the U.S.

Camden Partners' deal team was led by Richard Johnston and Shane Kim.

About Camden Partners

Camden Partners Holdings, LLC, founded in 1995, is a diversified investment management firm based in Baltimore, Maryland. The company operates private equity funds that focus on providing growth capital to emerging companies within the Business and Financial Services, Healthcare and Education sectors; Camden Partners Limited Partnership, a hedge fund featuring a balanced long-short strategy focusing on small cap public companies; and Camden Private Capital, a fund-of-funds, including Corporate Finance and Venture offerings. For more information visit http://www.camdenpartners.com.

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