Press Release
July 18, 2005

CharlesBank Capital Partners Acquires Walco International Inc.

BOSTON, July 18, 2005 – CharlesBank Capital Partners recently announced that is has acquired Walco Internationl Inc., the largest distributor of animal health products in the United States, from Bain Capital, a leading global private investment firm.  The acquisition, made in partnership with management, marks the first investment by CharlesBank's newest fund, Equity Fund VI, which closed with $900 billion of committed capital in June 2005.

The partners from Goodwin Procter LLP who represented CharlesBank in this transaction are Kevin Dennis and James Curley.