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RedRidge Finance Group Acts as Advisor for ExamWorks, Inc. $55.0 Million Facility

CHICAGO, Jan. 8, 2010 — RedRidge Finance Group’s Debt Capital Markets Division, acting as Lead Placement Agent and Advisor, announced the successful completion of a $55.0 million Senior Credit Facility for ExamWorks, Inc. (“ExamWorks” or the “Company”). The new facility, funded by nationally recognized banks, provides the Company additional liquidity to finance a series of acquisitions over the next three years. The facility includes both a revolving line of credit and a term loan structured on the Company’s existing and prospective cash flow.

ExamWorks, Inc., a medical legal services company, is creating the first truly national independent medical evaluation service for the legal and insurance industries. The company has the largest, accredited network of expert medical professionals spanning all major medical specialties. ExamWorks provides the industry’s most credentialed, clinical and authoritative independent medical evaluation services.

“The new capital facility negotiated by RedRidge allows ExamWorks to grow both organically and by targeted acquisitions. This facility will enable management to continue the Company’s rapid growth trajectory and exceptional financial performance,” stated Richard Perlman, ExamWorks’ Co-Chairman and Co-CEO.

“The ExamWorks management team has built three successful public companies. ExamWorks is another example of the vision, unique value proposition and execution that makes this group so successful. I am proud that RedRidge constructed a facility which allows the company to achieve that vision,” noted Randy Abrahams, President and CEO of RedRidge Finance Group.

ExamWorks services include medical assessment programs designed to meet the specific needs of first-party insurers, attorneys, municipalities and third-party administrators pertaining to disability, worker’s compensation, no-fault claims and liability claims.

Why RedRidge Debt Capital Markets?

RedRidge Finance Group’s Debt Capital Markets Division offers its clients a first-class, boutique platform providing straightforward, intelligent advice. Through our collective team of experienced professionals, RedRidge specializes in financial advisory, balance sheet restructuring, risk management and various forms of capital raising, with particular strength in the debt markets. This allows our clients to achieve their growth strategies or execute on unique business opportunities.

About RedRidge Finance Group

In addition to its investment banking services, RedRidge offers the following services to meet your company’s needs:

Lending: RedRidge Finance Group’s direct origination and lending business spans nationwide across many industry lines and business sectors, utilizing a host of lending structures. RedRidge now offers a complete array of options to fit the market’s evolving financing needs. Fundings range from $3.0 million and up with a focus on financing for growth, acquisitions and restructurings – including debtor-in-possession loans and exit financings.

Portfolio Servicing and Lender Services: RedRidge offers portfolio servicing to financial service companies, funds or banks who prefer to focus their efforts on their primary business or who do not have the capacity to monitor all or some of their asset classes. RedRidge is a systems-ready, full-service portfolio management company with field audit services, real-time collateral management and reconciliation services, operations and cash management, loan documentation and review, receivable certification, and forensic-style cash reviews and audits. RedRidge has the capability to manage on a “private label” basis most asset classes on behalf of banks and funds looking for support to manage fixed overhead costs.

Asset Management and Acquisition: RedRidge is a valuable resource in the process of acquiring or managing loan portfolios. RedRidge is actively pursuing portfolios for its own account as well as in support of funds looking to purchase debt portfolios, who may not have the infrastructure to manage prospective pools of assets. RedRidge professionals have vast experience in all areas of asset management including operations, diligence, portfolio management and distressed asset restructuring.

For more information, please contact members of our direct origination team:

Christopher Soupal
Email
312-674-4549

Matt Stanley
Email
312-674-4593

Frank Torchen
Email
203-329-8049

John Ross
Email
312-674-4545

Amanda Bowser
Email
312-674-4596

http://www.redridgefinancegroup.com

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