H.I.G. Capital Portfolio Company NARS Acquires Integrity Financial PartnersNational Asset Recovery Services Acquires Leading Domestic Third-party Collections Agency

MIAMI – April 5, 2011 – H.I.G. Capital announced that its portfolio company, National Asset Recovery Services, Inc. (“NARS”), has acquired Integrity Financial Partners (“Integrity”), a leader in third-party debt collection services. Integrity is a leading accounts receivable management (ARM) firm with a diverse, blue chip client base including many prominent national credit grantors.

Chris Buehrle, NARS CEO, commented, “Integrity is a highly regarded, rapidly growing accounts receivable management firm. Integrity has a demonstrated track record as a leading provider to the world’s largest and most demanding blue chip clients. Integrity Chairman A.L. Summerlin, Integrity President Nick Petrini, and their talented group of management and collectors will complement and bolster the outstanding team we have assembled at NARS.”

A.L. Summerlin, who will continue as Chairman of Integrity and will join the NARS Board of Directors, added, “We’re excited about the opportunity to leverage NARS’ experience and resources and continue our track record of growth. NARS’ proven operating strategy, strategic footprint, solid management team, and robust financial backing were strong considerations for us, and we believe this will help Integrity capitalize on its next stage of growth.”

Nick Petrini will remain President of Integrity, and other key members of management will retain their current roles. Integrity’s three domestic sites, which will continue operating under the Integrity name, add depth and expertise to NARS’ existing ARM operations. The Integrity acquisition will increase NARS’ domestic footprint to eight call centers, for a total of eleven sites in the United States, Jamaica, Chile and Panama.

“Integrity is the fourth recent ARM investment for H.I.G. Capital in collaboration with Tim Bauer of Reprise Management Group, and demonstrates our commitment to the sector. We set out to partner with the highest quality companies and management teams in the industry, and the Integrity acquisition furthers that goal following our acquisitions of NARS and Pinnacle, as well as TRAKAmerica, in the last 18 months,” commented Jeff Zanarini, Managing Director at H.I.G. Capital.

Roman Krislav, Principal at H.I.G. Capital, commented, “We believe the combination of NARS, Integrity and Pinnacle Financial Group, which was acquired by NARS in November 2010, establishes a unique collection of the most blue chip clients in the industry, coupled with a domestic and nearshore footprint of over 10 sites to service those clients’ first and third party receivables needs in a one-stop fashion, and a pool of management talent devoted to customer needs and operational excellence to achieve that goal.”

About NARS
NARS is a leading ARM / BPO firm founded in 1993 and is one of the largest private ARM / BPO companies in the U.S. Headquartered in St. Louis, MO. NARS employs more than 3,000 people at call centers in St. Louis and Cape Girardeau, MO; Minneapolis and Monticello, MN; Decorah, IA; Panama City, Panama; and Montego Bay, Jamaica. The company’s on-shore/near-shore business model provides BPO services, first-party, early stage collection services and third-party recovery collections to some of the largest and most recognizable companies in the U.S. For more information, please refer to the NARS website at www.narsnet.com.

About Integrity
Integrity is one of the fastest growing ARM companies in the U.S. It is led by some of the most seasoned professionals in the ARM space and has a diversified customer base spanning a variety of industries. The company employs over 300 people at four call centers in Overland Park, KS, St. Charles, MO, Columbus, OH and Santiago, Chile. For more information, please refer to www.integrityifp.com.

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 manufacturing or service businesses. H.I.G. also has extensive experience with financial restructurings and operational turnarounds. Since its founding in 1993, H.I.G. invested in and managed more than 200 companies worldwide. The firm’s current portfolio includes more than 50 companies with combined revenues in excess of $8 billion. For more information, please refer to the H.I.G. website at www.hig.com.

About Reprise Management Group
Reprise Management Group was formed through a partnership between H.I.G. Capital and Tim Bauer, a 26-year veteran in the ARM sector. Reprise was formed for the specific purpose of acquiring premier ARM service providers and then growing the businesses through a combination of acquisitions and organic growth.