Olive Group Engages Monitor Clipper Partners as Lead Financial Investor to Build Global Leader in Intelligent Security and Critical Infrastructure Protection

    WASHINGTON, DC, DUBAI, United Arab Emirates and CAMBRIDGE, MA, Sept. 17
/CNW/ - Olive Group, a global end-to-end provider of critical infrastructure
protection and security solutions, announced today the close of an equity
financing round led by new investor Monitor Clipper Partners. The investment
represents the start of a strategic partnership between Olive Group and
Monitor Clipper in the rapidly growing global security market, and is intended
to support the acquisition, growth and working capital needs of the company.
Details of the investment were not announced.
    (Logo: http://www.newscom.com/cgi-bin/prnh/20070917/273997 )
    In announcing the investment, David Langstaff, CEO of Olive Group, said,
"The collaboration of Olive and Monitor Clipper is very exciting. It brings
capital, strategic relationships, and a young global security company together
around a shared vision of building a market leader in the emerging field of
intelligent integrated security solutions."
    Michael Bell, Managing Director of Monitor Clipper Partners, said,
"Olive's bold, success-oriented strategy and leadership team are very
attractive to us. Over the last eighteen months, they have brought on board
into executive and operating management roles a core group of former Veridian
leaders with whom we have a history of great success. We share their vision
that the market is ready for security to be considered as an integrated,
technology-enabled, systems-level offering. We are eager to invest significant
additional capital in Olive over the coming years in support of the company's
strategy and management team."
    Chris St. George, co-founder and Managing Director of Olive Group, noted,
"Monitor Clipper is the right investor for Olive in that it brings not only
capital, but through its affiliation with Monitor Group, access to an
established global consulting business that complements Olive's security
offerings. The combination of the original Olive team, the former Veridian
executive team, and Monitor Clipper is very exciting."

    Olive Group is a global provider of integrated security and risk
mitigation solutions that enable governments, non-governmental and
international organizations, and commercial customers to assure high value
assets. The company offers an array of security services and
technology-enabled solutions to support critical infrastructure protection,
post-conflict reconstruction, humanitarian work and emerging market
opportunities. Olive Group operates in more than 30 countries with principal
offices in Dubai, London and Washington, DC. Olive Group was founded in 2001
by Chris and David St. George, with Gavin Mayhew and John Yourston., all of
whom remain with Olive Group in senior leadership positions. Recently, Olive
Group has hired a number of former Veridian executives, including David
Langstaff, Phil Lacombe, Jerry Howe, Jim Allen, John Hassoun and Gene

    Monitor Clipper Partners is a private equity firm founded in 1998 to
invest in middle market management buyouts, recapitalizations and growth
equity financings. MCP partners with strong management teams that can benefit
from MCP's privileged relationship with Monitor Group, one of the world's
leading strategy consulting firms. MCP currently manages over $1.5 billion of
capital and has invested over $1.2 billion in 25 transactions since making its
first investment in February 1999.

    Website: http://www.olivegroup.com

For further information:

For further information: Donna Connell, Olive Group Corporate, (202)
862-1505, fax: (202) 955-1027; Mary Jo Lampe, Olive Group North America, (202)
609-8672, fax: (202) 223-3212; William James, Olive Group London,
+44-207-201-5569, fax: +44-207-201-5561; Cheri Davie, Olive Group Dubai,
+971-4-391-1310, fax: +971-4-368-8165

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