Falls River Group and Dresner Partners Advise Logan's in Transaction With Thompson Street Capital Partners

NAPLES, FL and CHICAGO, IL--(Marketwire - October 19, 2009) - Falls River Group, LLC, a Naples, Fla.-based middle market investment bank and IMAP member firm, announced today that it served as the financial advisor to Logan's Linens in a transaction with Thompson Street Capital Partners. Dresner Partners, an IMAP member firm headquartered in Chicago, assisted Falls River Group with the transaction, leveraging its recent activity in the healthcare linen sector. Terms of the transaction were not disclosed.

Founded in 1925, Logan's operates a regional hospital linen and uniform rental business. It is well-known and highly respected as one of the premier operators in the Central Kentucky/Southern Indiana region. Logan's Linens is committed to delivering world class service, continuous technical innovation and adherence to strict quality control standards.

"This transaction was a win-win for both parties. Howard and Arthur Logan managed a gem of a business that, as it continued to grow, became the dominant healthcare linen service in its region. Thompson Street Capital Partners recognized the value they had built and encouraged them to remain at the company," said Kerry Dustin, Chairman of Falls River Group. "We also enjoyed working with fellow IMAP member, Dresner Partners. Their industry expertise was very helpful in locating the appropriate buyers and analyzing the market opportunity. This transaction shows the strength that IMAP firms collaborating can bring to any transaction."

According to Arthur Logan, "The Falls River Group very successfully facilitated a transaction that recognized both our interest in realizing the value we had created at the company and our desire to maintain our involvement in the business founded by our grandfather. Howard and I appreciate the hard work and dedication that Kerry's team brought to the table."

Vince Warrick, Managing Director at Thompson Street, commented, "We are pleased to have partnered with a great management team and a business with such a strong history of growth and customer satisfaction. We look forward to working with the Logans to continue their reputation for customer service and capitalize on identified growth opportunities."

About Falls River Group

An investment banking firm headquartered in Naples, Fla., Falls River Group has specialized in mergers and acquisitions (M&A) and corporate development of middle-market companies for over 12 years. Falls River Group focuses on transactions with companies generating annual revenues of $10 to $250 million, including both privately held companies and divestitures of publicly traded companies. Typical buyers range from wealthy individuals and private equity groups to Fortune 500 companies and leading foreign corporations. More information is available at www.fallsrivergroup.com.

About Dresner Partners

Dresner Partners is a FINRA-registered, middle-market investment bank based in Chicago, Illinois. Founded in 1991, Dresner Partners provides financial advisory services to business owners and managers throughout the United States, including institutional private placements of debt and equity, merger & acquisition advisory, and valuation and strategic consulting. More information is available via the Internet at www.dresnerpartners.com.

Falls River Group, LLC and Dresner Partners are members of IMAP, an exclusive global organization of leading merger and acquisition (M&A) advisory firms. More information is available via the Internet at www.imap.com.

About Thompson Street Capital Partners

Thompson Street Capital Partners (TSCP) is a private equity firm that makes investments in manufacturing, service and distribution businesses with annual revenues between $20 million and $200 million, and EBITDA generally between $5 and $10 million. The fund's philosophy is to partner with management in leveraged acquisitions, recapitalizations, corporate divestitures and going-private transactions. TSCP was founded in 2001 and is located in St. Louis, Missouri. Jim Cooper is the firm's Managing Partner. More information is available via the Internet at www.thompsonstreet.net.

About Logan's

Headquartered in Shelbyville, Ky., Logan's currently has two divisions: the Logan's Healthcare Linen Division and the Logan's Uniform Rental Division. The Uniform Rental Division rents and processes garments, area protection and logo mats, dust mops and shop towels for a variety of businesses and industries The Logan's Healthcare Linen Division rents and processes linen to hospitals, nursing homes, clinics and other healthcare-related businesses. More information is available via the Internet at www.loganslinens.com and www.logansuniformrental.com.

Contact Information: For Media Inquiries: Stephen Mullin (312) 780-7213 stevemullin@dresnerco.com For Transaction Related Inquiries: Kerry Dustin Chairman, Falls River Group (239) 649-4222 kcd@fallsrivergroup.com Steven Dresner President, Dresner Partners (312) 780-7206 sdresner@dresnerco.com