RedRidge News

RedRidge Due Diligence Services 2011 Recap

In 2011, RedRidge performed due diligence on over 150 transactions ranging from field exams on collateral to quality of earnings reviews on M&A transactions. RedRidge Due Diligence Services has grown to serve over 45 clients with a team of 10 professionals. Our professionals have experience across various industries with a unique niche in Healthcare and Specialty Finance. RedRidge Due Diligence Services offers flexible project scopes and efficient timelines to meet the needs of our clients. We look forward to hearing from you regarding your next due diligence project.

Gerard D. Paez Joins RedRidge Finance Group as Principal

RedRidge Finance Group is pleased to announce the addition of Gerard D. Paez “Gerry”, to the RedRidge team of financial professionals. Mr. Paez will be responsible for direct acquisitions of Specialty Finance Companies and Stressed Assets for the Company’s investment portfolios. He will seek national investment and lending opportunities, with an emphasis on Middle-Market transactions, with a specialty in Healthcare, ranging from $10 million to $250 million. Mr. Paez will also be tasked with the further development of the Advisory Services Group, consisting of asset management, debt advisory and financial services.

RFG Fund I, LLC Closes on Excel Acquisition

Chicago, IL. December 13, 2011 , - Randy Abrahams, President and CEO of RedRidge Finance Group ("RFG") announced today that RFG Fund I, LLC acquired a majority interest in Excel Finance Holding Company ("Excel") headquartered in Austin, Texas. Founded in 1999, Excel through its wholly-owned subsidiaries is a leading provider of consumer and auto loans to over 20,000 active customers across Texas and Louisiana. The investment in Excel included both subordinated debt as well as equity instruments.

http://www.marketwatch.com/story/rfg-fund-i-llc-closes-on-excel-acquisition-2011-12-14

http://www.bizjournals.com/washington/prnewswire/press_releases/Georgia/2011/12/14/PH22302?ana=prnews

RedRidge Sponsors President George W. Bush at the CFA’s Annual Convention

CHICAGO,IL - October 2010 - RedRidge Finance Group sponsored guest speaker, President George W. Bush at 2010 CFA Convention in Chicago October 2010. RedRidge Finance Group was also highlighted in the convention issue of The Secured Lender.

The Secured Lender Spotlights RedRidge Finance Group

CHICAGO, IL - March 2010 - A newcomer to the industry, RedRidge Finance Group hopes to take advantage of some of the worst credit conditions in the last five decades, transacting into what they feel will be a gradual improvement in economic conditions overall. The company is actively pursuing acquisition of assets and business platforms within each product niche.

RedRidge Announces Restructure of Specialty Manufacturer

CHICAGO, IL - February 2010 – RedRidge Investment Banking Division, serving as advisor, successfully reorganized the existing capital structure of a specialty manufacturer. A new senior secured facility of $6.0 million and agreed restructure allowed the Company to pay off the existing senior debt and create additional liquidity.

RedRidge Finance Group Acts as Advisor for ExamWorks, Inc. $55.0 Million Facility

CHICAGO, IL - December 2009 – RedRidge Finance Group’s Debt Capital Markets Division, acting as Lead Placement Agent and Advisor, announced the successful completion of a $55.0 million Senior Credit Facility for ExamWorks, Inc. (“ExamWorks” or the “Company”).

RedRidge Finance Group Advises $10.0 Million Facility for Ilex Consumer Products Group, LLC

CHICAGO, IL - October 2009 – RedRidge Finance Group’s Investment Banking Division, acting as capital markets agent and advisor, announced the completion of a $10.0 million transaction for Ilex Consumer Products Group, LLC (“Ilex” or “the Company”).

RedRidge Finance Group Commences Direct Origination Lending Business

CHICAGO, IL - October 2009 - RedRidge Finance Group (“RFG”) has begun its direct origination effort in addition to its acquisition and asset management, portfolio servicing, investment banking, and lender services businesses.

RedRidge Announces Formation of Lender Services Group

CHICAGO, IL - October 2009 - RedRidge Lender Services specializes in all forms of collateral exams including: surveys, forensic cash reviews, recurring field exams, quality-of-earnings reviews and receivables verifications.