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WHI Capital Partners Appoints Andy Baker as Associate

CHICAGO, IL - March 23, 2006 – WHI Capital Partners, a private equity firm targeting investments in the lower middle market, announced today that Andy Baker, 31, has joined the company as an Associate.

In his role, Baker is involved in all aspects of portfolio company assessment and acquisition, including transaction modeling, financing and due diligence. Baker also works with existing portfolio companies to assess add-on acquisitions.  Most recently, he participated in the acquisition of Big Wheel of Florida LLC and Waste Recyclers of North Florida Inc., which were merged to create Waste Recyclers Holdings, LLC, a leading regional waste services platform.

Baker was most recently a Vice President in the Debt Capital Markets group at Lehman Brothers in London, focusing on acquisition and corporate debt financing. During his eight-year tenure with Lehman Brothers in New York and London, Baker worked in a number of roles within the Investment Banking division and executed more than $10 billion in financing for clients.

“Bringing an experienced, high-caliber professional like Andy on board positions us well for the future,” said Managing Partner Adam Schecter.

Baker holds a Bachelor of Science degree in economics from the University of London.

About WHI Capital Partners

WHI Capital Partners (www.whicapital.com) is a Chicago- based private equity firm that invests in leading niche manufacturing, value-added distribution and specialty service companies with revenues between $10 – 100 million.  WHICP focuses on creating a true partnership with a company’s management team with the goal of enhancing operational efficiency along with developing and executing a clearly defined growth plan to build value.  Backed by the financial strength and resources of its parent firm, William Harris Investors, Inc., WHI Capital Partners provides a unique solution to help a company capitalize on its opportunities over the long haul.

For more information, contact Adam Schecter at (312) 621-0641 or adams@whicapital.com.

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