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July 2010
Recapitalization and Growth Financing
The undersigned acted as exclusive financial advisor to MinSec Companies in connection with this transaction.
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EMSystems, LLC
Signal Hill acted as exclusive financial advisor to MinSec Companies in connection with a recapitalization and growth financing provided by NewSpring Capital and Camden Partners.
Headquartered in Wallingford, Pennsylvania, MinSec Companies was founded in 1995 to provide cost-effective, community-based alternatives to incarceration for governmental agencies. The Company is a leading provider of community corrections, behavioral health and drug/alcohol treatment services throughout the State of Pennsylvania, operating approximately 1,000 residential beds and three outpatient centers. The funding will support the development of new projects, expansion of existing facilities, and general corporate purposes, including debt retirement.
NewSpring Capital, based in Radnor, Pennsylvania, is a leading provider of private equity and mezzanine capital to expansion stage companies in the Mid-Atlantic region within the Business Services, Healthcare and IT sectors.
Camden Partners, based in Baltimore, Maryland, is a diversified investment management firm that provides growth capital to emerging companies within the Business and Financial Services, Healthcare and Education sectors.
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