Quality Health Care for Correctional Facilities

H.I.G. Capital Announces Strategic Investment in California Forensic Medical Group

SAN FRANCISCO, CA – January 7, 2013 – H.I.G. Capital, LLC, a leading global private equity investment firm, is pleased to announce that its affiliate has made a strategic investment in California Forensic Medical Group, Inc. (“CFMG” or the “Company”). CFMG is the leading provider of outsourced healthcare services for county jail inmates in California. Since 1983 the Company has provided California counties with high quality healthcare services for county jail inmates. CFMG is based in Monterey, California, and has operations throughout California.

H.I.G. has partnered with Dr. Taylor Fithian, President and Medical Director, Elaine Hustedt, Vice President of Operations and Personnel, and Dan Hustedt, Vice President of Finance, to continue to ensure that CFMG is the leading outsourced provider of healthcare services to county correctional facilities.

“We have found a wonderful partner in H.I.G., who understands how important CFMG is to our customers and employees and shares our vision for continued prosperity for the Company,” said Dr. Taylor Fithian. “We are excited to work with H.I.G. given their experience investing in the healthcare and corrections sectors,” noted Elaine Hustedt.

Rob Wolfson, a Managing Director at H.I.G. Capital commented, “We are very excited to invest in CFMG alongside its founding management team. Taylor, Elaine, and Dan are exceptional people and have built a best-in-class company that has differentiated itself by lowering healthcare costs while improving quality, enabling them to establish true partnerships with their county customers.  CFMG and its employees place their customers (inmates and county corrections personnel) first and that focus will continue to be the key to CFMG’s success.”