CORRECT: H.I.G. Signs Agreement to Sell USALCO

(Replaces blue link after company revises press release)

H.I.G. Announces Sale of USALCO, according to a press release.

Key excerpts:

• H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $64 billion of capital under management, is pleased to announce that it has signed a definitive agreement to sell its portfolio company USALCO (“USALCO” or the “Company”) to funds managed by TJC (formerly known as The Jordan Company).
• BofA Securities, Inc. and Citigroup Global Markets Inc. were financial advisors to USALCO, and King & Spalding LLP represented H.I.G. Capital and USALCO as legal counsel in connection with the transaction.

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