During the quarter, Huron partnered with management to recapitalize Michigan Orthopedic Services ("MOS"). Headquartered in Livonia, MI, MOS operates a network of patient care facilities that design, fit and fabricate orthotic and prosthetic ("O&P") devices for patients with medical conditions which require such devices to physically support a particular portion of the body (orthopedic braces) or to replace the functionality of a limb which was amputated or had a congenital birth defect (prosthetic devices).

John C. Higgins, a Partner at Huron, stated, "We had been actively searching for a platform to invest in the orthopedics & prosthetics industry and believe that MOS provides an excellent foundation from which to build. MOS has a demonstrated service differentiation and track record of growth through quality patient care, referral relationship development and branch expansion". Aziz "Ozzy" Naser CPO, CEO of MOS, added "We are excited about the partnership with Huron. Their value-added operational approach will enable the company to grow rapidly through new branch openings and strategic acquisitions".

Also during the quarter, Huron expanded its presence in the areas of specialty coatings, print solutions, and ground transportation services with a series of significant add-on acquisitions to its platforms.

About Huron Capital Partners LLC
Huron Capital is a leading private equity firm investing in lower middle-market companies. The firm typically invests between $10 million and $50 million in equity to sponsor management buyouts, growth initiatives, recapitalizations, and corporate spin-offs of well-positioned companies having revenues up to $200 million. Through its operational approach, Huron’s strategy is to partner with strong management teams at niche manufacturing, specialty service, and value-added distribution companies that can be built through acquisition and organic growth.

In the past 12 months, Huron has completed acquisitions in a variety of areas including print solutions, ground passenger transportation services, specialty chemicals, orthopedic products and office furniture components. Huron expects to continue its strong momentum into 2008 with multiple new platform and add-on acquisitions expected to close by the end of the first quarter.

Since its founding in 1999, Huron has acquired or invested in 35 companies and has generated a realized IRR exceeding 65% for its Limited Partners. Huron has committed over 75% of its latest fund and is aggressively seeking new investment opportunities.