New York, March 31, 2011 – We are pleased to announce that BBH Capital Partners (“BBHCP”) has completed an equity and subordinated debt investment in Telarix, Inc. (“Telarix”). Based in Vienna, Virginia, Telarix is a provider of business information exchange and interconnect OSS/BSS solutions for content providers, IP service providers and global fixed and mobile operators. The new funding will support the continued growth of Telarix’s iXLink business line, a global business information exchange service for the telecommunications community that was founded in conjunction with some of the world’s largest carriers. We believe Telarix was an attractive investment opportunity due to its leading market position, highly predictable recurring revenue stream, experienced management team and significant growth opportunities.
About BBH Capital Partners
BBH Capital Partners typically invests $10 million to $50 million of growth equity and, when appropriate, junior debt securities in lower middle market companies in a variety of transactions including management or leveraged buyouts, growth financings, recapitalizations and acquisitions. Typically, BBH Capital Partners seeks to invest in companies with enterprise values up to $400 million. By investing in a variety of subordinated debt and equity securities in control and non-control transactions, BBH Capital Partners offers highly customized financing solutions for companies seeking capital.