Business Wire, September 14, 2006, Thursday

Copyright 2006 Business Wire, Inc.
Business Wire

September 14, 2006 Thursday 3:32 PM GMT

DISTRIBUTION: Business Editors


HEADLINE: Kahlil Reid, J.D., Experienced Investment Banker, Joins Galen Capital Group, LLC as the Director of Investment Banking

DATELINE: MCLEAN, Va. Sept. 14, 2006

BODY:
Galen Capital Group, LLC, a merchant banking firm dedicated to middle-market companies, today announced that Kahlil Reid, J.D., a veteran in the investment banking industry, has joined the firm as the Director of Investment Banking for its West Coast operations. Mr. Reid comes to Galen with years of experience in public and private securities placements and M&A transactions. Based out of Galen's Los Angeles office, he will be responsible for overseeing investment banking transactions.
"We are honored to have Kahlil join our Los Angeles office," said William P. Danielczyk, Chairman of Galen Capital Group, LLC. "His background and experience in investment banking will be beneficial to our clients immensely with his proven knowledge in M&A and private placement transactions."
Mr. Reid began his career at Fried, Frank, Harris, Shriver & Jacobson in New York City, NY, where he was a corporate securities and M&A attorney representing private and public corporations in strategic acquisitions, sales of businesses, debt and equity offerings, financial restructurings and reorganizations. In his next position as an investment banker at Citigroup Global Corporate and Investment Bank in Palo Alto, Calif., he managed underwritten public offerings, private placements and M&A transactions for companies in the technology, telecom and media industries. Most recently, Mr. Reid was the Director of Investment Banking at Etech Securities, Inc. in Los Angeles, Calif., where he managed the entire investment banking process for China-based companies seeking to access the U.S. capital markets. Throughout his career, Mr. Reid has been involved in financial transactions ranging from $5 to $500 million.
"I look forward to being a part of Galen's West Coast team," said Mr. Reid. "I think their commitment not only to the industry but to their clients is outstanding. I am thrilled to be a part of such a well established group of professionals."
Mr. Reid attended Cornell University in Ithaca, NY where he received a B.S. in Industrial and Labor Relations. Mr. Reid continued on to receive a J.D. at the Georgetown University Law Center in Washington, D.C., where he served as a Staff Editor for The Tax Lawyer. He holds NASD Series 7 and 63 licenses and is a member of the New York State Bar.
About Galen Capital Group, LLC
Galen Capital Group, LLC (www.galencapitalgroup.com) is a merchant banking firm serving middle-market companies primarily in the healthcare industry. GCG offers a range of transaction execution and advisory services in the areas of M&A, leveraged buyouts, mezzanine, equity and debt financing, PIPE equity funds and private & public placements. Headquartered in Washington, DC, the firm also has offices in Nashville, Tenn. and Los Angeles, Calif.



CONTACT: Galen Capital Group, LLC April Spittle, 703-556-6105 ext. 108 aspittle@galencapitalgroup.com