Mr. Cullen spent over 24 years with Thomson Corporation (Thomson Reuters), in a variety of leadership positions in the education, scientific and healthcare information services businesses. He was CEO of the scientific and healthcare division, a $1.1bn group that provided information solutions to academia, researchers and healthcare professionals. Prior to that Mr. Cullen worked for the education division as CEO of the international group heading up the businesses outside the US. He also started businesses for Thomson in Asia while living in Singapore.

Since leaving Thomson, Mr. Cullen has been working with private equity firms and early stage businesses in the US and Asia, both on boards and as an adviser. He also sits on the boards of the Lasker Research Foundation and Manhattanville College.

We are thrilled to have Bob at the helm of Veritext. He has the experience and talent to build on Veritext’s strong foundation and lead us during a period of tremendous growth,” says Nancy Josephs, EVP and COO of Veritext.

Upon joining Veritext, Mr. Cullen said, “I’m truly looking forward to joining the team at Veritext. What has been accomplished in the last 13 years as they’ve built an industry leading position is truly amazing. The future couldn’t be brighter as we work to better serve our clients by providing enhanced technology-based solutions and services.

About Veritext Veritext was founded in 1997 with the goal of providing superior services to the legal industry. With over a decade of continued industry excellence, Veritext is the established leader in providing technology-driven deposition and litigation support services to law firms and corporations around the globe. More information can be found at www.veritext.com

NEW YORK, July 6 /PRNewswire/ — Investcorp, a global provider and manager of alternative investment products, announced today that it has acquired Veritext Holding Company, a leading national provider of deposition and litigation support services to law firms, Fortune 500 corporations, and regulatory agencies in the United States. The terms of the transaction were not disclosed.

Veritext was acquired from an investor group led by The Riverside Company and members of the management team that bought the company in August 2005.

Veritext has its headquarters in New Jersey and operates within the stable and growing legal services industry through its 30 locations across six core geographic regions in the largest legal markets in the United States.  The company provides technology and services that capture testimony during a deposition which is a critical part of the discovery phase of most civil litigation cases in the United States.

“Over the past several years, Veritext’s management team, led by CEO Michael Sandler and  COO Nancy Josephs, has built a market leading company by leveraging its proprietary technology to offer a variety of highly differentiated deposition services,” saidChris McCollum, a Managing Director in Investcorp’s private equity business. “We believe that Veritext has multiple ways to grow.  It has a leading position in the growing deposition services market, the capability to generate strong free cash flow and the opportunity to complete further add-on acquisitions.

“We believe Veritext offers an appropriate investment risk/return balance. Over the past 18 months we’ve evaluated many new investments and ended up passing on companies we liked where the opportunity would indicate an ultimate lower return profile than we were willing to accept.”

“Investcorp’s deep operational resources and financial support give us the platform to offer new services, expand our sales force and continue to make strategic add-on acquisitions,” said Nancy Josephs, Veritext’s co-founder and Chief Operating Officer.

Madison Capital Funding was the Sole Lead Arranger and Administrative Agent of the senior debt financing. The mezzanine financing was provided by Oaktree Capital Management, L.P and PennantPark Investment Corporation.

Investcorp was advised by Marks Baughan & Co (M&A), Wyatt Partners (industry), PriceWaterhouseCoopers (financial and accounting), and Gibson Dunn & Crutcher (legal).   Harris Williams & Co. acted as sellside advisor for The Riverside Company.

About Veritext

Veritext was founded in 1997 with the goal of providing superior services to the legal industry. With over a decade of continued industry excellence, Veritext is the established leader in providing technology-driven deposition and litigation support services to law firms and corporations around the globe.  More information can be found at www.veritext.com.

About Investcorp  

Investcorp is a leading provider and manager of alternative investment products.  It has offices in New York, London andBahrain and is publicly traded on the London Stock Exchange (IVC) and Bahrain Stock Exchange (INVCORP).  Investcorp has six lines of business:  private equity, hedge funds, real estate, technology investment, Gulf growth capital and MENA Mezzanine.  Founded in 1982, Investcorp has grown to become one of the largest and most diverse alternative investment managers in terms of both product offerings and geography.

Further information is available at www.investcorp.com.

SOURCE Investcorp

PRESS RELEASE
CVC Capital Partners (“CVC”), a leading global private equity firm, is pleased to announce the appointment of Thomas (“Tom”) Renyi as a senior advisor to CVC. Mr. Renyi will become a member of CVC’s U.S. Advisory Board and Global Financial Institutions Advisory Board to support CVC’s activities in the financial services sector.

Mr. Renyi has had a distinguished career in the financial services industry and recently retired as Executive Chairman and Director of The Bank of New York Mellon Corporation. Previously, Mr. Renyi served as Chairman and Chief Executive Officer of The Bank of New York Mellon Corporation and its predecessor institution, The Bank of New York, from 1997 to 2007. In addition to successfully growing the Company through numerous strategic initiatives, Mr. Renyi played an essential role in initiating, leading, executing and integrating the merger of The Bank of New York and Mellon Financial, one of the industry’s most successful and transformational transactions.

Mr. Renyi’s career at the Bank of New York began in 1971 and included key leadership roles in securities servicing, credit policy and capital markets. In 1989, Mr. Renyi led the transition team responsible for integrating the Irving Trust Company into The Bank of New York, which was the largest merger in the U.S. Banking industry at the time and set the stage for the next chapter in The Bank of New York’s global growth.

Mr. Renyi currently serves on the Board of Directors of Public Service Enterprise Group Incorporated and RiskMetrics Group. He is a past chairman of The Financial Services Roundtable.

Kamil Salame, CVC Partner and Head of the U.S. Financial Institutions Group, said: “We are delighted to welcome Tom to CVC. He is a tremendously successful executive who is held in the highest regard in our industry. Tom has played an important role in shaping and transforming the financial services sector and we are confident Tom’s experience will be extraordinarily valuable to CVC as we assess opportunities at this particularly dynamic time.”

With 19 offices throughout Europe, Asia, and the United States, CVC has an industry-leading global presence. CVC currently has approximately $20 billion of uninvested equity capital, making the firm one of the top five sources of available private equity funds in the world. CVC has significant experience in financial services investments, and its dedicated Global Financial Institutions Group focuses on investing in leading financial businesses across Europe, North America and Asia.

SCRANTON, Pa., Oct. 26 2009 /PR Newswire/ — AZEK Building Products has named Rick Corry as Vice President-Sales, with responsibility for planning and directing AZEK sales strategies and continuing to build the AZEK brand. Reporting to Mr. Corry will be AZEK Regional Sales Managers, the VP of Retail Sales, Key Account Manager, and Customer Service Manager.

Corry has a varied background in LBM sales, management, national accounts and corporate leadership development. He worked for Owens Corning for 18 years, where his most recent position was National Director of Sales. He began his career as a field sales rep and worked his way up to manage the West Coast region before becoming National Director of Sales. He then went on to become CEO of Buildlinks, a construction management software company.

“I’m looking forward to bringing my sales and two-step distribution experience to AZEK Building Products,” said Corry. “I also plan to tap into my workforce performance background to help the sales force maximize their strengths and continue to support our channel partners.”

Most recently, Corry was General Manager of the Center for Creative Leadership in Greensboro, NC, a leadership training company.

Corry holds a Bachelor’s degree in Marketing from Oakland University, Rochester, MI. He will relocate to Scranton from Raleigh, NC, with his wife Michelle.

Mr. McShane was previously the Chairman and Chief Executive Officer of Grant Prideco, the global leader in the development of drill stem technology and the manufacture, sale, and service of drill pipes, drill bit technology and specialty tools. He served in this role for more than six years. During this time, Mr. McShane grew the company’s revenues by over three times to $1.9 billion and the operating income by 11 times to $590 million through organic growth and acquisitions. Mr. McShane left Grant Prideco in 2008 after its acquisition by National Oilwell Varco for $7.2 billion. Prior to joining Grant Prideco, Mr. McShane was the Chief Financial Officer of BJ Services, an international pressure pumping and oilfield services company. While at BJ Services, Mr. McShane helped grow the company from $350 million in revenues to $1.9 billion. He currently serves on the board of directors for two public companies, Complete Production Services and Spectra Energy, as well as two private companies.

David McKenna, Managing Partner and head of Advent International’s North American industrials practice, said, “The oil and gas services and equipment sector is an important area of focus for Advent globally. Mr. McShane’s extensive experience and his impressive track record in the sector will be extremely valuable to us, and we are very fortunate to have him on board. We look forward to working with him to identify and develop the right investment opportunities.”

Commenting on his new role, Mr. McShane said, “Advent has a long track record of successfully investing in a diverse range of companies globally and supporting management teams as they drive revenue growth and improve earnings. I look forward to sharing my knowledge and history with the investment professionals at Advent and with the management of portfolio companies in the oil and gas services and equipment sector.”

Advent International has been active in the industrials sector for over 20 years and has invested in over 70 companies globally. Among Advent’s previous investments in the industrials sector is Boart Longyear, the leading provider of drilling services, tools and equipment for the mining, construction, water and environmental industries worldwide, from which Advent exited in 2007. Current industrials sector investments include: Nukem (part of RWE Solutions), a diversified portfolio of energy-related services businesses; Bradco Supply, a leading distributor of residential and commercial roofing materials in the US; Oxea, one of the world’s leading manufacturers of Oxo chemicals; and Deutek, Romania’s largest decorative paints producer.

Advent’s Operating Partner Program involves business leaders from a range of sectors working as consultants to the firm in a variety of ways: sourcing investment opportunities, assisting with the due diligence process and advising on the strategic and operational development of portfolio companies. The use of operating partners is a fundamental and long-established element of Advent’s highly operational approach to investing. The program currently includes over 70 high-level individuals, many of whom have been involved in multiple Advent investments.

The Board of Directors of Charlotte Russe has unanimously approved the merger agreement and the transactions contemplated by the merger agreement, based upon, among other factors, the approval and recommendation of a Special Committee of the Board, and has resolved to recommend that Charlotte Russe stockholders tender their shares in connection with the tender offer contemplated by the merger agreement.

Founded in 1975 and headquartered in San Diego, CA, Charlotte Russe is a specialty retailer of fashionable, value-priced apparel and accessories targeting young women in their teens and twenties, through 501 stores in 45 states and Puerto Rico. In its fiscal year ending September 27, 2008, Charlotte Russe generated $823.3 million in gross annual revenue.

David Mussafer, a Managing Partner at Advent International Corporation, said, “We are excited to purchase Charlotte Russe and to work with former Old Navy president Jenny Ming, an Advent operating partner, to build on the foundation established by the management team.”

Advent International Corporation has been investing in the retail sector for two decades and has funded over 25 retail businesses across a range of subsectors, including specialty retail, value retail, duty-free and food services. Completed apparel retail investments include lululemon athletica (NASDAQ: LULU), the premier athletic and yoga apparel specialty retailer; Fat Face, the U.K.’s leading active lifestyle clothing retailer; and New Look Group plc, the U.K. women’s value fashion retailer. Currently Advent International holds Gérard Darel, a leading French designer and retailer of women’s ready-to-wear clothing, and Takko, a leading European fashion discounter.

Cowen & Company, LLC is acting as financial advisor to the Board of Directors of Charlotte Russe and has delivered a fairness opinion to the Charlotte Russe Board and Special Committee.  Peter J. Solomon Company, L.P. is acting as financial and strategic advisor to the Charlotte Russe Special Committee and has also delivered a fairness opinion to the Charlotte Russe Board and Special Committee.  Cooley Godward Kronish LLP is legal counsel to Charlotte Russe, and Covington & Burling LLP is legal counsel to the Special Committee.  Moelis & Co. is the M&A advisor to Advent International Corporation, and Weil, Gotshal & Manges LLP is legal counsel to Advent International Corporation.

About Charlotte Russe

Charlotte Russe Holding, Inc. is a mall-based specialty retailer of fashionable, value-priced apparel and accessories targeting young women in their teens and twenties. As of June 27, 2009, Charlotte Russe operated 501 stores in 45 states and Puerto Rico. For more about Charlotte Russe, please visithttp://www.charlotterusse.com.

Important Information about the Tender Offer

The description contained in this press release is neither an offer to purchase nor a solicitation of an offer to sell securities.  The planned tender offer described in this press release has not commenced.  At the time the planned tender offer is commenced, the Purchaser will file a tender offer statement on Schedule TO with the Securities and Exchange Commission (the “SEC”), and the Company will file a solicitation/ recommendation statement on Schedule 14D-9, with respect to the planned tender offer.  The tender offer statement (including an offer to purchase, a related letter of transmittal and other tender offer documents) and the solicitation/recommendation statement will contain important information that should be read carefully before making any decision to tender securities in the planned tender offer.  Those materials will be made available to the Company’s stockholders at no expense to them.  In addition, all of those materials (and all other tender offer documents filed with the SEC) will be made available at no charge on the SEC’s website: www.sec,gov.

With 19 offices throughout Europe, Asia, and the United States, CVC has an industry-leading global presence. CVC currently has approximately $20 billion of uninvested equity capital, making the firm one of the top five sources of available private equity funds in the world.

Mr. Pillari has had a distinguished career in the energy industry, with senior responsibility for strategy, operations, and mergers and acquisitions. Most recently, Mr. Pillari served as Chairman & CEO of BP America Inc., a role he held from 2001 to 2006. He also remained an advisor to BP through December 2007. In addition to his role as the senior BP executive in the USA, he was also a Group Vice President, BP plc, and responsible for the Western Hemisphere Region of the BP Group. Over a 35 year career at BP and its predecessor organizations, Mr. Pillari served in a variety of posts worldwide, including Group Vice President of Global Marketing for the BP Group in London; Senior Vice President, Marketing and Oil Director- BP Oil USA; and Director of Marketing for Australia, New Zealand and the South Pacific Islands. Mr. Pillari began his career at Standard Oil of Ohio in 1972. In addition to his professional responsibilities, Mr. Pillari has been a member of the Board of Directors of The American Petroleum Institute and The Alliance to Save Energy, and a member of The Baker Institute Energy Forum.

Chris Stadler, Managing Partner and head of CVC’s U.S. office, said: “We are delighted to welcome Ross to CVC. He has been a highly successful executive and brings a deep background in the energy industry. In the short time that he has been working with our investment team, he has been instrumental in developing our presence in the energy sector.”

Ross Pillari said: “I am very pleased to be aligned with an organization that has a longstanding record of success across economic cycles, a leading global presence, and an exceptional reputation for integrity. I believe the energy sector will present an attractive environment in the coming years and look forward to partnering with CVC to pursue opportunities in this industry.”

CVC’s activities in the North American energy sector are overseen by Cameron Breitner, Director in CVC’s New York office.

About CVC Capital Partners

CVC Capital Partners (“CVC”) is a leading global private equity and investment advisory firm founded in 1981, with a network of 19 offices and 156 employees throughout Europe, Asia and the United States. CVC is currently investing from CVC Fund IV, CVC Tandem Fund, CVC Asia II, and CVC Asia III and CVC Fund V with an aggregate of approximately 16 billion euro in equity capital. The CVC team’s local knowledge and extensive contacts underpin a 28-year proven track record of investment success. CVC has the ability to bring an enormous amount of cross-border resource together quickly to focus on winning transactions. Today, CVC Funds own 51 companies worldwide employing approximately 434,000 people in numerous countries. Together these companies have combined annual sales approximately 90 billion euro.

Appointment will enhance CEO relationships for buyout-driven human capital consulting firm.

Short Hills, NJ – - Notch Partners (www.notchpartners.com), the leader in executive-centric buyout strategies and solutions, has added Joie A. Gregor as their Senior Advisor. Gregor will provide strategic guidance to Notch Partners as it expands its primary service line: cultivating C-level relationships for private equity buyout firms to maximize their investment returns. She will also play an instrumental role in the enhancement and delivery of Notch’s full range of CEO-focused consulting services for buyout investors.

Gregor most recently served as Assistant to the President for Presidential Personnel under President George W. Bush, with responsibility for the recruitment and recommendation of senior-level appointments in the Bush administration from 2007 to 2008. Her responsibilities included all political appointees throughout the Executive Branch, including Cabinet, Sub-Cabinet and Ambassadorial posts, as well as Presidential Boards and Commissions.

Previously, she served as Vice Chairman of Heidrick & Struggles International, a premier retained executive search and leadership consulting firm, and held a number of senior leadership roles at the company for over 15 years, including President, North America, Managing Partner of the firm’s Global Board of Directors Practice, and Managing Partner of the New York Office. Prior to her work in executive search and leadership consulting, Joie held various management roles of increasing responsibility at IBM for 13 years.

Gregor currently serves on the Board of Directors of ConAgra Foods, Inc. Her civic responsibilities include serving Case Western Reserve University as a member of its Board of Trustees and chairman of its Board’s Compensation Committee. She is also a member of Case Western Reserve University’s Executive Committee and the LPGA Commissioner’s Advisory Council.

“We are thrilled and honored to have Joie as a member of the Notch team,” said Andrew Thompson, co-founder and Managing Partner of Notch Partners. “Her intimate understanding of the private equity world through exposure to top-tier investors and CEOs during her years at Heidrick & Struggles will be a great asset to us. Her belief in Notch is a resounding validation of our CEO-centric approach to enhancing our clients’ investment programs.”

“Joie is incredibly well-connected and has an eye for the highly-effective, results-oriented leaders that our clientele depend upon to drive their investment returns and give them a competitive edge,” said Mei-Mei Tuan, co-founder and Managing Partner of Notch Partners. “As a CEO search professional of many years and an impressive business leader in her own right, Joie is ideally suited to help us enhance our entire range of services to private equity investors.”

Founded in 2002, Notch Partners is the leader in buyout-driven human capital consulting services. Notch helps cultivate high-impact CEO relationships for private equity operating partner programs, portfolio company leadership, and deal sourcing roles. Notch Partners works with accomplished CEOs to help them understand the unique combination of success factors required for private equity backing and to develop deal concepts through which they partner with Notch Partners’ private equity clients.