Castle Harlan Promotes Tariq Osman to Managing Director

NEW YORK, February 20, 2013-- Castle Harlan, Inc., the New York private equity investment firm, announced today that it has promoted Tariq Osman to Managing Director.

Osman's promotion reflects his multiple contributions to CHI over the last five years, as well as his prior five years of experience at CHI's Australian affiliate, CHAMP. Recently, Osman has been particularly active in CHI's investment activities in energy services and equipment businesses.

Osman has been with Castle Harlan since 2008 and previously was a Vice President. Before joining Castle Harlan, Osman spent five years with Castle Harlan's Australian affiliate, CHAMP Private Equity, where he focused on private equity transactions across a wide range of industries. Previously, he worked at McKinsey & Co. in Sydney as a management consultant. In this role, he advised clients in the oil and gas, mining, construction and telecommunications sectors on strategy and operational improvements. Osman began his career in Australia as an engineer at Gutteridge, Haskins & Davey, working on oil and gas, mining and government infrastructure projects.

Osman holds an M.B.A. from the Wharton Graduate School of Business, a Masters of Engineering from the University of Adelaide and a Masters of Applied Finance from Macquarie University. He is a former director of International Energy Services and of the Blue Star Group. He currently is a director of Shelf Drilling and Caribbean Restaurants.

About Castle Harlan

Castle Harlan, founded in 1987, invests in controlling interests in the buyout and development of middle-market companies in North America and Europe. Its team of 19 investment professionals has completed 53 acquisitions since its inception with a total transaction value in excess of $11 billion. Castle Harlan, along with its affiliates, has managed investment funds with equity commitments of over $6 billion. The firm traces its roots to the start of the institutionalized private-equity business in the late 1960s.

Castle Harlan's current portfolio of companies includes Shelf Drilling Holdings Ltd., a leading provider of shallow-water drilling services in Asia, Africa, India and the Middle East; Pretium Packaging LLC, one of the country's leading manufacturers of custom-designed specialty plastic containers for the food, pharmaceutical, personal-care and household markets; Baker & Taylor, the world's largest distributor of books and entertainment products to libraries and retailers; and Securus Technologies, a leading provider of secure inmate telecommunications for the corrections industry.

For more information, visit www.castleharlan.com.

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