Disposal

RNS Number : 8195Q

JZ Capital Partners Ltd

25 October 2011

 

JZ CAPITAL PARTNERS LIMITED

(Registration No. 48761)

Registered Office:

2ND FLOOR, REGENCY COURT, GLATEGNY ESPLANADE, ST. PETER PORT,

GUERNSEY, GY1 3NQ

___________________________

TELEPHONE:  + 44 1481 720321

FACSIMILE:  + 44 1481 716117

E-MAIL:  [e-mail]

25 October 2011

JZ Capital Partners Limited Announces Sale of Investment in Dantom Systems, Inc

25 October 2011

JZ Capital Partners Limited (LSE:JZCP.L or "JZCP"), the London listed private equity fund that invests in high quality US and European micro cap companies, has realised its investment in Dantom Systems, Inc ("Dantom") for $40.5 million.

The realisation represents a 4.8x multiple of equity capital invested, and a 27.5% IRR. The price realised was fully recognised in the NAV valuation as at 31st August 2011.

As at 31st August 2011, Dantom represented approximately 6.8% of JZCP's NAV and was one of the top five holdings in the portfolio, by value.     

Dantom is a Michigan based company that provides business process outsourcing solutions to the accounts receivables management and revenue cycle management sectors with a focus on healthcare, financial services, cable and utilities.

David Zalaznick, JZCP's Founder and Investment Adviser, said: "Our operating team delivered continued operational and financial improvements to Dantom over the course of the investment period, helping us achieve strong returns for our shareholders. JZCP's robust financial position enables us to take advantage of investment opportunities within the micro cap sector, without the need for outside debt financing." 

For further information:

Neil Doyle/ Ed Berry                                                                [phone] / 7297

Financial Dynamics

David Zalaznick                                                                       [phone]

Jordan/Zalaznick Advisers, Inc.

About JZCP

JZCP is a London listed private equity fund which invests in high quality US and European micro cap companies. Our objective is to achieve a superior overall return comprised of a current yield and significant capital appreciation. JZCP receives investment advice from Jordan/Zalaznick Advisers, Inc ("JZAI") which is led by David Zalaznick and Jay Jordan. They have worked together for 30 years and are supported by teams of investment professionals in New York, Chicago, London and Madrid. JZAI's experts work with the existing management of micro cap companies to help build better businesses, create value and deliver strong returns to our investors. JZCP also invests in mezzanine loans, first and second lien investments and other publicly traded securities. For more information please visit our website at www.jzcp.com    

 

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