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2015-03-24

Levine Leichtman Capital Partners: Levine Leichtman Capital Partners Announces the Closing of Its First European Fund Investment With the Acquisition of CJ Fal

LOS ANGELES, CA--(Marketwired - Mar 24, 2015) - Levine Leichtman Capital
Partners ("LLCP"), a Los Angeles-based private equity firm, announced today
that it has partnered with management to complete the acquisition of CJ
Fallon Limited ("CJ Fallon" or the "Company"). Based in Dublin, Ireland, CJ
Fallon represents LLCP's first investment from Levine Leichtman Capital
Partners Europe, L.P., a EUR 100 million private equity fund dedicated to
investing in Europe.

CJ Fallon is a leading provider of educational content in both print and
digital formats to primary and secondary schools throughout Ireland. Founded
in 1927, the Company has a strong reputation for high quality content with
over 900 titles across 20 different subject areas, as well as proprietary
Math and English benchmarking assessments. CJ Fallon's reputation for quality
content is driven by an experienced editorial staff and longstanding
relationships with leading authors across various subject areas.

According to Lauren Leichtman, Co-Founder and CEO of LLCP, "CJ Fallon is a
leading player in the Irish education market with a long track record of
delivering high quality educational content for students and teachers. We are
excited to partner with Brian Gilsenan (CEO) and his team for our first
investment out of our European fund, and look forward to the continued
success of the business."

Brian Gilsenan, CJ Fallon's Chief Executive Officer, commented, "We are very
excited to be partnering with Levine Leichtman, given the significant
knowledge and education-related experience that they bring to our Company.
This provides my team with strong confidence that we have chosen the right
partner to support our continued growth."

The senior credit facility was provided by Ulster Bank Ireland Limited.

About Levine Leichtman Capital Partners

LLCP is a Los Angeles, California based private investment firm that has
managed approximately $7.0 billion of institutional capital since its
inception. LLCP invests in middle market companies located in the United
States and Europe. LLCP invests its capital through private equity
partnerships and various debt and leveraged loan funds. LLCP is currently
making new investments through Levine Leichtman Capital Partners V, L.P.,
Levine Leichtman Capital Partners SBIC Fund, L.P., Levine Leichtman Capital
Partners Private Capital Solutions, L.P. and Levine Leichtman Capital
Partners Europe, L.P. Prior investments by Levine Leichtman Capital Partners
include Santa Cruz Nutritionals, CiCi's Pizza, Hackney Ladish, and Jon
Douglas Real Estate Group. LLCP has offices in Los Angeles, New York, Dallas,
Chicago, London and The Hague. For further information, please
visithttp://www.llcp.com

Contact Information

David Wolmer
310-275-5335

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Levine Leichtman Capital Partners via Globenewswire

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