Dallas, Texas – March 9, 2012 – Highlander Partners, LP, a Dallas-based leading middle-market private equity firm, has announced the promotion of Jeff L. Hull to Managing Partner of the firm’s North American private equity group and William F. Miller III to Partner and practice leader of the firm’s private equity group healthcare services team. As Managing Partner, Mr. Hull will oversee and, in combination with the firm’s Chairman Larry Hirsch and President Mike Nicolais, provide strategic direction for Highlander’s North American private equity investment effort. Jeff, who joined Highlander in 2009, will also continue to play a lead role in executing M&A transactions. In his new position as head of the firm’s healthcare practice, Bill, who joined Highlander in 2006, will coordinate and lead the strategy for the firm’s healthcare acquisitions.

Additionally, former ClubCorp CEO John Beckert, who has served as a Special Advisor to Highlander since 2010, will become an Operating Partner. John currently serves as Chairman of The Composites Group, a Highlander portfolio company, and will assist other Highlander portfolio companies in a similar capacity going forward. Lastly, Greg Schorr will join the firm as a Senior Advisor. Greg is the past President of SBR, Inc, a diversified manufacturing company and the maker of Simonton Windows, which was sold to Fortune Brands in 2006.

Michael R. Nicolais, Highlander’s President and Co-Founder, said: “We continue to have significant success in our private equity efforts and have the utmost confidence in the team we have assembled. Jeff and Bill have been instrumental in our recent successes and we are confident they will continue to guide us to even higher levels.” Mr. Nicolais added, “The addition of John and Greg to our operating team further enhances our skillset in making control investments in middle market companies. We are very excited about the future.”

For more information about this announcement, please contact:

Alex Guiva, Partner, (214) 245-5004

Jeff L. Hull, Managing Partner, (214) 245-5017