Roark Capital Group Invests in PSC Info Group

Atlanta-based private equity firm makes its fourth investment in the direct

marketing industry

Aug 17, 2006, 01:00 ET from Roark Capital Group

    ATLANTA, Aug. 17 /PRNewswire/ -- Roark Capital Group, an Atlanta-based
 private equity firm, announced today an investment in PSC Info Group. PSC
 is a leading provider of proprietary outsourced billing and transaction
 processing solutions primarily for accounts receivable management,
 financial services and healthcare companies. The Company's core product
 offering, DATAExpress(TM), enables its clients to improve the efficiency,
 accuracy, timeliness and efficacy of their customer billing and
 communications. PSC processes over 260 million time-sensitive and highly
 customized billing statements for more than 1,500 clients nationwide each
 year. The Company is headquartered near Valley Forge, Pennsylvania and has
 additional processing capabilities in Reno, Nevada.
     PSC's founder and CEO, Joseph J. Greco, who will reinvest a significant
 amount of equity and continue to lead the Company, commented, "Partnering
 with Roark will assist us in taking our company to the next level. Their
 support and industry experience will be important as we accelerate our
 organic growth and pursue acquisition opportunities."
     PSC is Roark's fourth portfolio company in the direct marketing
 industry. PSC also complements the firm's focus on financial services, with
 accounts receivable management and debt collection customers representing a
 significant portion of their revenue. Roark believes PSC is well positioned
 to provide additional direct mail solutions to the financial services
     "We see tremendous opportunity in customized marketing communications
 and are excited about partnering with Joe and his team at PSC. They have
 built a thriving company by providing superior technology, customer service
 and industry leading expertise," said Lawrence J. DeAngelo, a Partner of
 Roark Capital Group.
     PSC is Roark's fourth platform acquisition in its $413 million fund,
 which closed in March 2005.
     About Roark Capital Group
     Roark Capital Group is an Atlanta-based private equity firm that
 acquires majority positions in franchise, direct marketing, financial
 services, niche manufacturing, and service businesses. The firm, with more
 than $560 million of equity capital under management, specializes in
 companies with attractive growth prospects and revenues ranging from $20
 million to $1 billion. For more information please visit
     About PSC Info Group
     PSC is a leader in statement processing, document technology and data
 management solutions. With over 20 years of experience, PSC delivers highly
 effective, customized solutions for accounts receivable management,
 financial services and healthcare companies. PSC's core product,
 DATAExpress(TM), is used by more than 1,500 clients in processing over 260
 million statements each year. For more information about PSC, please visit
     Contact: Julie Meyer, Fishman Public Relations, (847) 945-1300, ext.

SOURCE Roark Capital Group