MidOcean Partners Announces Partnership with Michael Beber to Build a Market Leading Global Professional Services Organization



    NEW YORK, Nov. 19 /CNW/ -- MidOcean Partners, a premier New York and
London based private equity firm, today announced that it is partnering with
its Management Affiliate, Michael A. Beber, in the Business Services sector to
build a market leading, global professional services organization that will
serve middle market clients worldwide.  Consistent with MidOcean's strategy of
partnering with top operating executives, Mr. Beber would serve as President
and CEO of the new professional services organization.
    Mr. Beber is the former Chief Strategic Development Officer of Marsh &
McLennan Companies, Inc.  (NYSE:   MMC).  With $11 billion of revenue and 55,000
employees, MMC is one of the world's largest professional services
organizations.  Mr. Beber joined MMC in July 2004 through its acquisition of
Kroll, Inc., the world's leading risk consulting company.  While at Kroll, Mr.
Beber was the Executive Vice President of Strategic Development and
spearheaded more than 20 acquisitions in the US and UK.  Mr. Beber, a
Chartered Accountant from Toronto, Canada joined Kroll in 1998 following
Kroll's acquisition of Lindquist Avey, an international forensic and
investigative accounting firm in which Mr. Beber was one of the founders.
Prior to Lindquist, Mr. Beber was the Partner in Charge of BDO's Litigation
Support and Forensic Accounting practice for Canada and a Senior Manager with
KPMG.
    "We are delighted about the opportunity to partner with Michael to build
an industry leading professional services organization," said Tyler Zachem, a
Managing Director with MidOcean.  "Michael is an innovative, motivated, proven
executive that we have known for several years.  The professional services
industry has over $1 trillion of revenue, is very fragmented, with very real
incremental opportunities coming through effective consolidation on a global
scale.  Michael's experience over the last 20 years has lead to the
development of proprietary business processes that we will apply to execute on
this opportunity".
    "The professional services industry is one of the largest, growing,
fragmented industries in the world.  The evolving demands of clients and the
realities of the modern economy have presented unique challenges and
opportunities that professionals have to be in a position to solve on a global
scale.  The problem facing the overall professional services industry is how
to effectively meet these challenges and seize these opportunities within
their existing business structures," said Mr. Beber.  "I am thrilled to be
pursuing this opportunity with MidOcean Partners.  Our approach to realizing
on this opportunity has resonated extremely well with leading professional
services firms and we are very excited about building a premier, global,
professional services organization".
    
    About MidOcean Partners
    
    MidOcean Partners is a premier private equity firm focused on the middle
market. Based in New York and London, MidOcean is committed to investing in
high quality companies with stable market positions and multiple opportunities
for growth in the United States and Europe. Targeted sectors include consumer
and leisure, media and communications, business and financial services and
industrials. MidOcean utilizes a broad foundation of expertise in its focus
industries and its transatlantic platform to create value for its investors
and partners.




For further information:

For further information: Chris Tofalli, +1-914-834-4334

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MidOcean Partners

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MARSH & MCLENNAN COMPANIES, INC.

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