GROWTH CAPITAL PARTNERS, L.P. ANNOUNCES THAT
THE SOUTHWEST MEZZANINE INVESTMENTS II, L.P.
HAS ADDED ANOTHER PORTFOLIO COMPANY TO ITS
$65 MILLION FUND

Houston, TX (February, 2008) - Growth Capital Partners, L.P., a Houston-based investment and merchant banking firm, today announced that Southwest Mezzanine Investments II, L.P. (“SMI II”) has provided $4.0 million of subordinated debt with warrants to GH Services, LLC to facilitate the acquisition of Gill Services, Inc., a Houston based original equipment manufacturer (OEM) and service provider for production workover rigs, including tubing tongs, kelly spinners and cat heads. GH Services, LLC is a Houston based investment group formed to consolidate complementary oilfield manufacturing and service companies.

About Southwest Mezzanine Investments II, L.P. (SMI II)
An affiliate of Growth Capital Partners, SMI II is a mezzanine fund with $65 million of capital currently under management. SMI II invests in lower middle-market companies with enterprise values in excess of $10 million, experienced management teams and attractive exit/liquidity alternatives. SMI II will invest in entrepreneur-owned/unsponsored, as well as private equity sponsored, transactions. Uses of proceeds are typically for acquisitions, recapitalizations, or acceleration of growth. SMI II structures its investments as interest-only subordinated debt with maturities of either 3 or 5 years. SMI does not charge prepayment penalties and provides “equity-clawbacks” as an incentive for early repayment of principal.

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