SLATE CAPITAL GROUP EXPANDS TO MIDWEST

(Baltimore, MD) — Slate Capital Group, a private equity investment firm that partners with lower-middle market companies, announced today its expansion to the Midwest with new local presences in Nashville, TN and Cincinnati, OH. Parker Davis will manage the Baltimore office, where Slate was established in 2004. Erik Ginsberg and Rick Corcoran will manage the Nashville and Cincinnati offices, respectively.

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PE PROFESSIONAL

Slate Capital Group invests in Eastern US-based companies that have annual cash flow of $3 million to $15 million. Sectors of interest include business services, specialty retail, healthcare services, distribution and light manufacturing. The firm was founded in 2004 by Rick Corcoran and Erik Ginsberg and is headquartered in Baltimore, MD (www.slatecap.com).

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SLATE CAPITAL GROUP ACQUIRES BROADCAST SPORTS INC. 

(Baltimore, MD) – Slate Capital Group, a private equity firm that partners with lower-middle market companies, announced that it has acquired Broadcast Sports Inc. (BSI), a leading provider of wireless (RF) technology and communications systems services for use in the field of sports television broadcasting, from L-3 Communications Corporation. BSI will operate as Broadcast Sports International, LLC following the transaction.

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MERGERS & ACQUISITIONS

Baltimore private equity firm Slate Capital Group is buying Broadcast Sports Inc. from L-3 Communications (NYSE: LLL).
Broadcast Sports, headquartered in Hanover, Maryland, provides wireless technology and communication services for sports television broadcasting, including the Olympics, Daytona 500 and the America's Cup. Terms of the deal were not disclosed. The company will operate as Broadcast Sports International LLC after the transaction closes.

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THE WALL STREET JOURNAL

Slate Capital Group said it acquired Broadcast Sports Inc., a provider of wireless technology and communications systems services for use in the field of sports television broadcasting, from New York-based defense contractor L-3 Communications Holdings Inc.

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