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6.1.07 Sale of Convergent Resources, Inc. investment for $22,507,390. 

Northstar Mezzanine Partners IV L.P. invested in Convergent Resources, Inc. on November 3, 2006.  On June 1, 2007, the Fund received a complete payoff of over $22 million for its debt and warrants. 

4.20.07 Northstar Mezzanine Partners III L.P. and Northstar Mezzanine Partners IV L.P. invest $16,000,000 in Security American Financial Enterprises, Inc.

Security American Financial Enterprises, Inc. (SAFE) is a provider of dental, vision and group life insurance to individuals and small to medium sized businesses.  NMP III’s investment is $2,673,585 and NMP IV’s investment is $13,326,415 in Preferred Equity.

4.2.07 Northstar Mezzanine Partners IV L.P. invests $19,000,000 in Crownline Boats, Inc. 

Crownline Boats, inc. is a manufacturer of sterndrive powerboats.  Fund IV’s investment takes the form of a $15,000,000 Subordinated Note and $4,000,000 in Common Equity. 

3.15.07 Northstar Mezzanine Partners IV L.P. invests $9,000,000 in Foam Rubber, Inc.

Foam Rubber, Inc. is a fabricator of polyurethane foam seats used in school buses, office furniture and other seating applications.  NMP IV’s investment takes the form of an $8,000,000 Subordinated Note with Warrants and $1,000,000 in Preferred Equity. 

3.1.07 Northstar Mezzanine Partners IV L.P. invests $10,600,000 in EMS Management and Consultants, Inc.

EMS Management and Consultants, Inc. is an emergency management services billing and reimbursement provider.  Fund IV’s investment takes the form of a $600,000 drawn revolver, $9,250,000 Senior Subordinated Note and $750,000 in Common Equity. 

1.2.07 Northstar Mezzanine Partners IV L.P. invests $8,300,000 in A&D Environmental Services, Inc.

A&D Environmental Services, Inc. is a provider of environmental services to industrial and commercial firms and environmental consultants.  NMP IV’s investment takes the form of a $300,000 drawn revolver, $7,000,000 Senior Subordinated Note and $1,000,000 in Common Equity. 


 
     
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