News

September 19, 2006

Norwest Mezzanine Partners Invests $30.0 Million in Athletic and Therapeutic Institute

Norwest Mezzanine Partners invested $23.3 million of senior subordinated debt and $6.7 million of equity in ATI Holdings, Inc. (d.b.a. Athletic and Therapeutic Institute), a leading provider of outpatient physical therapy services.  ATI distinguishes itself in the highly fragmented physical therapy industry through a combination of its advanced athletic treatment strategies, premium niche product focus, high quality and spacious facility design, all of which result in superior patient outcomes.

KRG Capital Partners is the private equity sponsor for ATI and this transaction. Visitwww.krgcapital.com for more information.

NMP Contact: Shani Graber, 612-215-1694, sgraber@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.