The Halifax Group buys Maverick Healthcare Group

PHOENIX, AZ – March 1, 2005 – The Halifax Group announced today it took majority control of Maverick Healthcare Group (“Maverick”), a leading provider of comprehensive home healthcare products and services in the Southwest. Managing Members of Maverick, David Scheven and Tom Martin, have retained a significant equity stake in the Company. Terms were not disclosed.

Maverick Healthcare Group offers a full range of home healthcare services, including home respiratory therapy, home infusion therapy, and home medical/custom rehabilitation equipment through a network of fully qualified health professionals in 17 branch locations in Arizona , Colorado and Nevada. An integrated service approach allows patients, hospitals physician referral sources and managed care systems to access respiratory, infusion therapy services and home medical equipment through a single source. In addition, the company operates six sleep diagnostic sites in Arizona and New Mexico.

Together with The Halifax Group, Maverick will continue to focus on managed care customers and increase its market share through internal growth and selective acquisitions. Mr. Scheven said, “We are excited to partner with The Halifax Group in this space. We are well positioned to capitalize on the growth in the home healthcare sector by leveraging the strong operational disciplines established by our team over the last seven years”.

Halifax is pleased to have acquired a market leading company in partnership with such a highly regarded management team,” said Ken Doyle, Managing Director of Halifax. “We look forward to continuing the growth and success in building one of the premier healthcare service providers in the Southwest.”

Giuliani Capital Advisors acted as the exclusive investment banking advisor to Maverick Healthcare Group in this transaction. Latham & Watkins was counsel to The Halifax Group and Squire Sanders & Dempsey was counsel to Maverick.

Maverick Healthcare Group is a diversified provider of home healthcare services in Arizona, Colorado and Nevada.

The Halifax Group, LLC is a private equity investment firm focused on investments in lower middle-market companies in the U.S. Halifax employs a theme-based investment strategy, pursuing companies in healthcare, wellness, infrastructure services, and specialty and contract manufacturing. Halifax is headquartered in Washington, D.C. , and has offices in Dallas, TX and Raleigh, NC . For more information please visit www.thehalifaxgroup.com.

Giuliani Capital Advisors, LLC is a boutique financial advisory and investment banking firm comprised of senior level professionals who provide lead advisory services to public and private companies, lenders, and other parties-in-interest that are executing financial and strategic transactions. GCA provides a full range of capital raising, mergers and acquisitions, and financial and operational restructuring services. For more information please visit www.giulianicapitaladvisors.com.