August Equity announces new promotions

August Equity LLP ("August Equity"), an independent private equity firm investing between £10 million and £50 million of equity in UK based companies, is pleased to announce a number of promotions which reflect the continued development of the company. The promotions follow the recent appointment of David Lonsdale as Associate in February 2008

Aatif Hassan and Keith Davidson are both promoted to Investment Directors. Aatif has been with August Equity since 2005 and is responsible for originating and executing deals across all four sectors with a focus on the Healthcare sector. Aatif was recently involved in the management buy-out of Lifeways Community Care and is a non-executive director of the company. Aatif has also been involved in the Imagine Publishing, Healthcare Homes Group and Planit Holdings deals. Keith has been with August Equity since 2006 and is responsible for executing deals across all four sectors with a primary focus on the Industrial Products and Services sector. Keith was involved in the management buy-out of 4Projects in July 2007, as well as the Lifeways Community Care and Boat International buy-outs.

In addition to the promotions across the investment team, August Equity is also pleased to announce the promotion of Denise Gallagher, who joined the company in 2006, to Marketing Assistant Manager.

Commenting on the promotions, Andrew Hartley, Managing Partner, said: "We are happy to announce the recent promotions within August Equity. Aatif and Keith have worked hard on business development throughout the year, which resulted in the completion of the Lifeways Community Care and 4Projects investments. Denise's promotion reflects her involvement in the development of our interactive marketing platform."

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