Yellow Point Equity Partners is pleased to announce the closing of its third private equity buyout fund ("Fund III") on November 4, 2011. Subsequently, on November 10th, Fund III completed an investment in Canadian Industrial Mill Services ("CIMS"), a leader in the industrial maintenance sector in western Canada. Yellow Point partnered with CIMS’ owners and senior management together with an experienced industry executive to complete the transaction.

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Yellow Point Equity Partners Limited Partnership (the "Partnership") is pleased to announce that it has now converted Series A Convertible Subordinated Debentures in the princpal amount of $6,850,000 (the "Debentures") of Prism Medical Ltd. ("Prism" or the "Company"), which represents all of the Debentures held by the Partnership, into an aggregate 1,826,666 common shares (the "Common Shares") of the Company at a price of $3.75 per Common Share. The Debentures were originally issued by the Company on September 17, 2004. As a result of the conversion in full of the Debentures, the Partnership has now acquired control of, and holds, an aggregate 1,826,666 Common Shares of the Company, which represents approximately 22% of the current issued and outstanding Common Shares of Prism, assuming no other Common Shares are issued.

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Yellow Point Equity Partners II LP ("Yellow Point") announced today the closing of the management buyout of CBV Collection Services Ltd. ("CBV"). CBV is a leading Canadian accounts receivable management company. Headquartered in Vancouver and with offices across Canada, CBV is licensed to collect in all provinces and territories. Founded in 1921, the company has long-standing relationships with numerous prominent blue-chip customers and government institutions. CBV uses its leading edge technology, team-oriented culture and skilled collectors to generate top returns for clients through ethical and responsible collection practices. CBV is well positioned to take advantage of the upward trend in consumer debt levels, industry consolidation and increased outsourcing of accounts receivable management.

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There's no stopping RAMMP Hospitality Brands Inc. Hot off the heels of acquiring The Pantry and Rockwell's restaurant chains, RAMMP announces that it has recently added MR MIKES® Steakhouse and Bar to its fast-expanding restaurant group. With plans to double the size of the chain and move east in the next five years, the ownership group will rival many other favourite chains in Canada.

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Yellow Point Equity Partners ("Yellow Point") is pleased to announce a recent investment in Seymour Investment Management Ltd ("Seymour").

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Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) today announced that it has entered into a definitive agreement to acquire substantially all of the assets of Selkirk Recovery, Inc., dba Steel Pacific Recycling, of Duncan, British Columbia.

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Yellow Point Equity Partners II LP (“Yellow Point”) is pleased to announce the closing of its investment in Mr. Mikes Restaurants Corporation (“Mr. Mikes” or the “Company”), one of Western Canada’s largest full-service food franchisors. With a fun atmosphere, a menu focused on steaks and mid-scale price-points, Mr. Mikes offers an affordable indulgence for its customers.

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Yellow Point Equity Partners II LP (“Yellow Point”) announced today the closing of the buyout of Crossroads C&I Distributors Inc. (“Crossroads”). Crossroads, head officed in Edmonton, is the largest distributor of mechanical insulation in western Canada. With exclusive arrangements with several leading global insulation manufacturers, Crossroads distributes insulation products for a variety of commercial and industrial applications. Crossroads is the supplier of pipe insulation and related products to most of the current and proposed multi-billion dollar oilsands construction projects. It is well positioned to capitalize on the shift toward more environmentally-friendly oilsands extraction.

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Yellow Point Equity Partners is pleased to announce the closing of its second private equity buyout fund, Yellow Point II. The fund was established to acquire and invest in profitable, growing middle-market private companies primarily based in western Canada and the Pacific Northwest.

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Yellow Point Equity Partners (“Yellow Point”) and Banyan Capital Partners (“Banyan”) are pleased to announce a recent investment in the Shanahan’s Group of Companies (“Shanahan’s”). Yellow Point and Banyan have partnered with existing management to provide capital for growth and liquidity for retiring shareholders.

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Yellow Point Equity Partners LP (“Yellow Point”) announced today the closing of the buyout of Selkirk Recovery Inc. (“Selkirk”). Harper’s Recycling, a long established Duncan-based recycling company, partnered with Yellow Point and vended its business into Selkirk concurrent with the transaction.

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Yellow Point Equity Partners LP (“Yellow Point”) is pleased to announce the closing of its investment in online marketing services provider, Blast Radius Inc. (“Blast Radius” or the “Company”). Proceeds of the financing will be used to fund the growing working capital requirements associated with the expansion of the business.

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Yellow Point Equity Partners LP (“Yellow Point”) is pleased to announce the closing of their investment in building materials manufacturer, CCI Industries Ltd. (“CCI”). Proceeds of the financing will be used to fund the recapitalization and future growth of CCI.

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Yellow Point Equity Partners LP (“Yellow Point”) and its associates announced today the closing of a $7 million investment in healthcare equipment company, Prism Medical Ltd. (“Prism”). Proceeds of the financing will be used by Prism to fund the cash portion of a $14.3 million acquisition of two UK-based medical equipment companies, Freeway Healthcare and Tricare Developments.

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Yellow Point Equity Partners LP today announced the closing of Yellow Point 1, the company’s inaugural private equity fund. The fund was established to invest in later stage private companies primarily based in western Canada. Together with its co-investment partners, Yellow Point 1 will commit between $2 million and $20 million per investment.

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