News

May 30, 2003

NMP invests $13.5 million to Support Benchmark Medical, Inc. in the Acquisition of Matrix Rehabilitation, Inc.

Norwest Mezzanine Partners invested $13.5 million of senior subordinated debt to support the acquisition by Benchmark Medical, Inc. (“Benchmark”), of Matrix Rehabilitation, Inc.  Benchmark is the nation’s third largest provider of outpatient physical therapy rehabilitation services, and together with its new affiliation with Matrix, continues to increase its reach with nearly 400 clinics throughout the United States.

Wind Point Partners served as the private equity sponsor on this transaction. Visitwww.wppartners.com for more information.

NMP Contact: Neal Sette, 612-215-1689, nsette@nmp.com

Norwest Equity Partners (NEP) is a leading middle market investment focused on partnering with business owners and building companies into industry leaders. With a reputation for quality investments and exceptional financial returns since 1961, NEP manages nearly $5 billion of capital through a series of equity and mezzanine funds. Offering creative and flexible transaction solutions through management buyouts, recapitalizations and growth financings, NEP seeks $30-$150 million equity investment opportunities for growing and profitable companies within the agriculture, applied technology, business services, consumer products and services, distribution, healthcare and industrial industry sectors. NEP is headquartered in Minneapolis, Minnesota; please visit nep.com for more information.