Sentinel recapitalizes North American Rescue in partnership with management


Expands Sentinel's Investment Commitment to Defense Sector


NEW YORK, October 9, 2009 - Sentinel Capital Partners, a private equity firm that invests in promising lower middle market companies, today announced the recapitalization of North American Rescue, Inc. ("NAR"), the leading developer and distributor of tactical emergency medical equipment to the U.S. military, law enforcement and other organizations that employ trauma care professionals. The investment was made in partnership with NAR's founder and senior management team. Terms of the transaction were not disclosed.

Founded in 1996 by Mr. Robert Castellani, NAR serves armed forces medical personnel, first responders, and other healthcare professionals by providing solutions that decrease preventable deaths on the battlefield and other austere conditions. Castellani, a former U.S. Air Force pararescueman who focused on specialty rescue and medical equipment during his service, recognized a need for quality casualty care products and procedures to treat combat-related injuries. In leveraging his significant military casualty care experience, Castellani and his management team have developed many life-saving products that are now standard-issue equipment for combat soldiers and tactical vehicles.

"NAR is the clear leader and premier provider of life-saving tactical emergency medical products," said Graham Schena, a vice president at Sentinel. "This investment fits well with Sentinel's core strategy of investing in niche market leaders."

"For the past 15 years, NAR has demonstrated a keen understanding of casualty care solutions and a strong commitment to excellence," said Bob Castellani, vice chairman and founder of NAR. "With Sentinel as our partner, we look forward to increasing the breadth and depth of our capabilities while continuing to serve our valued customer base."

"At Sentinel, forming strong partnerships with management is an important component of our investment philosophy," said Paul Murphy, a partner at Sentinel. "We are pleased that the entire senior management team is investing alongside us in this transaction and we are eager to work with them to take the company to the next level of growth."

NAR is Sentinel's second investment in the defense sector. The first was ReachOut Healthcare America, Ltd. the nation's leading provider of administrative support services to affiliated dentists in the mobile dental industry, serving underprivileged children, seniors, and military personnel.