William Blair Capital Partners, L.L.C. –

CHICAGO – William Blair Capital Partners, L.L.C., founded in 1982, invests in early- to expansion-stage companies, as well as buyouts and recapitalizations. The firm prefers to invest in the health-care, software, business and customer service sectors throughout the mid-Atlantic region between the Rocky and Appalachian mountain ranges.

William Blair has backed more than 125 companies and has approximately $675 million under management. William Blair Capital Partners VI, the firm’s most recent vehicle, closed on $270 million in July 1998. The firm’s previous fund, William Blair Capital Partners V, closed at $182 million in June 1995.

William Blair invests between $5 million and $30 million in companies with strong management teams, significant growth potential or experience in making targeted acquisitions. Although the firm leads about 70% of its deals, it also backs deals led by others.

The managing directors are Edgar Jannotta, Robert Blank, Arda Minocherhomjee, James Denny, Lawrence Shagrin and Thomas Theobaled. Ellen Carnahan, David Chandler, Ian Larkin, Timothy Murray and Gregg Newmark are principals of the firm.

Select William Blair Capital Partners portfolio companies follow:

Contractors Labor Pool (Reno, Nev.) provides temporary staffing services for skilled tradesmen including carpenters, electricians, plumbers and day laborers.

Baird Capital Partners is a co-investor.

Cypress Medical (Chicago) distributes rubber gloves and other medical devices to the health-care industry.

Golf Galaxy, Inc. (Eden Prairie, Minn.) operates large format, category-dominant golf superstores.

Primus Ventures is a co-investor.

Halmark Senior Communities (Baltimore) acquires, develops and operates assisted living facilities for middle- and moderate-income residents in secondary markets.

Baird Capital Partners is a co-investor.

MatrixOne, Inc. (Chelmsford, Maine) is a vendor of product document management (PDM) software.

Glide IT Fund and One Liberty Ventures are co-investors.

Pac-West Telecomm, Inc. (Stockton, Calif.) is a competitive local exchange carrier (CLEC) that provides switched local and long distance telecommunications services and integrated telecommunications services.

Co-investors include Safeguard Scientifics, TL Ventures and SCP Private Equity Partners.

Thazar Solutions (Kansas City, Mo.) develops and markets turn-key data warehousing and business intelligence applications software and services to the insurance industry.

William Blair Capital Partners is located at 222 West Adam Street, Suite 3400, Chicago, Ill. 60606, tel. (312) 364-8250, fax. (312) 236-1042.

Correction: The phone number for TSG Capital Group is (203) 406-1500.