News and Press

Thompson Publishing Group Completes the Acquisition of Sheshunoff

New York. NY, August 15, 2005 - MidOcean is pleased to announce that its portfolio company, Thompson Publishing Group (“TPG”), successfully acquired Alex eSolutions, Inc., previously known as Sheshunoff Information Services (“Sheshunoff”)

Sheshunoff is the publisher of approximately 400 subscription based products in a variety of formats (books, CDs. binders. newsletters and online) targeted at financial institutions with assets ranging from $250 million to $1 billion. The products provided by Sheshunoff are critical for their customers serving as a ready reference tool for a variety of regulatory and compliance issues.

“This is a great acquisition for Thompson Publishing” said Phil Gabel, Chief Executive Officer of Thompson Publishing Group. “Sheshunoff is an asset that I know well and it is very complimentary and accretive to our existing business. It effectively doubles the size of our platform.”

Tyler Zachem ol MidOcean Partners commented “The Sheshunoff acquisition is what our buy and build strategy is all about. We are backing a superior manager and have acquired an attractive platform in Thompson. Now we are using that platform to make highly accretive add-on acquisitions. With this acquisition, we have a great stable of subscription based products in attractive industry verticals to build upon. The professional publishing space is one that we know well and it exemplifies MidOcean‘s stable growth investment philosophy.”

TPG acquired Sheshunoff outside of an auction process and was able to leverage the expertise of TPG’s CEO, who had previously served as the CEO of Sheshunoff. The purchase price was funded with senior bank debt funded by National City.

About MidOcean Partners
MidOcean Partners is a premier private equity firm focused on the middle market. Based in New York and London, MidOcean is committed to investing in high-quality middle market companies with stable market positions and opportunities for growth in the United States and Europe. Targeted sectors include: consumer and leisure, media and communications, business and financial services and industrial sectors. MidOcean utilizes a broad foundation at expertise in its focus industries and its intercontinental platform to create value for its investor and partners. For more information, visit www.midoceanpartners.com.


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