Huron Capital Scores Successful Exit with Sale of Ross Education

Sale Produces Return of 18.7x Times Invested Capital

Detroit, MI – June 14, 2010 // Huron Capital announced today that it has sold its portfolio company, Ross Education, in a transaction that produced 18.7 times its original investment and a 76% internal rate of return. Based in St. Clair, Michigan, Ross Education operates a group of 17 postsecondary schools that offer career-oriented training in allied health fields. BMO Capital Markets and Goldberg Kohn served as Ross Education’s investment bankers and legal counsel, respectively.

Huron originally acquired the business in March 2005 in partnership with CEO Paul Mitchell. Under their ownership, Ross implemented a strategic plan designed to revitalize the company. Key initiatives included adding numerous new programs, opening 7 new branch locations, completing a strategic add-on acquisition and making substantial investments in people, facilities and systems. These investments translated into a significantly enhanced student experience, solid student outcomes, and excellent growth for the Company. In recognition of the Company’s tremendous growth, in 2010 Ross Education was the recipient of the “Best Expansion” award by Crains Detroit Business and the Association for Corporate Growth. John Higgins, a Partner with Huron, commented that “The Ross transaction is a tremendous milestone for the Company and for our investors. We are thrilled to have had the opportunity to work closely with Paul and his team to shape Ross into one of the most unique and successful businesses in the sector.”