CIC Partners Adds New Investment Professionals and Expands Operational Capabilities

November 1, 2011 (Dallas, TX). CIC Partners, a leading private equity firm focused on middle market food, restaurant and retail, energy and healthcare companies, today announced that it has hired two additional investment professionals. Whitney Bowman will be joining CIC Partners’ investment team as a Principal and Jay Bradford will be joining as its Operational CFO, with a focus on portfolio company value creation activities.

Prior to joining CIC, Whitney spent five years at Bain Capital, where he completed investments and financings in the healthcare, consumer / retail and media / technology industries and worked closely with the firm’s portfolio companies in those areas. Prior to attending Harvard Business School, Whitney worked in the healthcare group at Highland Capital Partners and as a business analyst at McKinsey & Company. “We have known Whitney for nearly 10 years and glad he is returning to Texas. He is an experienced private equity investor and we believe his drive and intellect make him a great addition to the CIC team,” said Drew Johnson, CIC Managing Partner.

Mr. Bradford will be joining CIC Partners in a new role as Operational CFO with a primary focus on portfolio company operations. Jay brings more than 13 years of turnaround and operational experience to the CIC Partners team. Prior to joining CIC Partners, Jay worked in operations at Accretive Health where he was a Senior Vice President. Previous to Accretive, Jay was a Managing Director at Alvarez & Marsal where he spent eight years working on business restructuring engagements.

Drew Johnson added, “All of us at CIC Partners are pleased to welcome Jay Bradford to our team. Jay brings a wealth of knowledge and insight as to the issues most important to drive change through managerial finance and will significantly enhance our ability to support our management teams and drive performance improvements within our portfolio companies.”

About CIC Partners
CIC Partners is a middle-market private equity firm with a strategy of investing personal capital in growth-oriented companies primarily in the food, restaurant, healthcare and energy industries. Due to its unique strategy to invest the personal capital of its investment team and Operating Partners, CIC has a focus on transactions where it can partner with owner-operators, founders and management teams with significant ownership. CIC’s Operating Partners’ experience as CEO’s and successful entrepreneurs enhances the firm’s ability to guide, support and add value to portfolio companies. Based in Dallas, TX, the firm and its principals have an extensive history of successful private equity investing dating back to 1983. For additional information, please visit www.cicpartners.com.




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