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Press release from Marketwire

Clairvest Announces the Promotion of Mitch Green to Managing Director

Monday, August 19, 2013

Clairvest Announces the Promotion of Mitch Green to Managing Director

16:39 EDT Monday, August 19, 2013

TORONTO, ONTARIO--(Marketwired - Aug. 19, 2013) - Clairvest Group Inc. (TSX:CVG) today announced the promotion of Mitch Green to Managing Director, effective immediately.

Mr. Green has been with Clairvest since 2002 and has been involved with Clairvest's efforts in the equipment rental industry, IT Services and selective business service verticals. Mitch has been a director of Clairvest success stories such as Shepell-fgi and PEER 1, both winners of the Canadian Venture Capital Association Deal of the Year award. Mitch currently serves on the boards of CRS Contractors Rental Supply and Linen King.

Mitch earned an M.B.A. with Distinction from the University of Michigan Business School and a B.S. with Honors from Cornell University.

"Mitch plays a key role in driving Clairvest's growth in some of its core industry domains. His involvement in deal origination and execution contributed to the firm's successful track record and he is truly an invaluable member of the Clairvest team," said Jeff Parr, Co-CEO and Managing Director of Clairvest Group Inc. "We are proud of Mitch's milestone with Clairvest and trust that he will realize great success in his new role."

About Clairvest

Clairvest Group Inc. is a private equity management firm which invests its own capital, and that of third parties through the Clairvest Equity Partners limited partnerships, in businesses that have the potential to generate superior returns. In addition to providing financing, Clairvest contributes strategic expertise and execution ability to support the growth and development of its investee partners. Clairvest realizes value through investment returns and the eventual disposition of its investments.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:
Clairvest Group Inc.
Maria Klyuev
Director, Investor Relations and Marketing
(416) 925-9270
(416) 925-5753 (FAX)
mariak@clairvest.com

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