NEWS CONTACT December 01, 2008 New Mountain Capital Makes Investment in Camber Corporation Huntsville, Alabama – December 1, 2008 – Camber Corporation (“Camber” or the “Company”) announced today that New Mountain Partners III, L.P., a private equity fund sponsored by New Mountain Capital, L.L.C. (“New Mountain”), is making a majority investment in the Company. Camber, founded in 1990, is a leading pure play provider of professional and management services, information technology, engineering, and advanced training solutions to federal government agencies, primarily within the Department of Defense. Camber and its employees have been widely recognized for their exceptional subject matter expertise across a range of government programs. New Mountain identified Camber through its long-standing, proactive focus on the federal services sector. New Mountain is providing Camber with significant financial and strategic resources, and Camber’s management will make a substantial personal equity investment in the business alongside New Mountain. Walter Batson, Founder, Chairman, and CEO of Camber, said, “We are very enthusiastic to be entering into this partnership with New Mountain today. New Mountain’s previous success with federal service-related companies such as Apptis, Inc. and Deltek, Inc., and the firm’s proven skill as a business builder, will help our Company grow even faster and enhance our service offerings. New Mountain and management’s mutual goal is to add significant value to Camber while preserving the culture that underlies Camber’s success to date.” Alok Singh, Managing Director of New Mountain, stated, “Camber has demonstrated very rapid sales and earnings growth, consistently since its founding and over the last five years. We believe Camber has opportunities for significant continuing growth in the years ahead, and we are very impressed with the quality and accomplishments of the Camber management team. We look forward to helping the Company expand its core competencies and service offerings in order to deliver additional value to its customers.” Raymond James served as financial advisor to Camber in this transaction. Wachovia Securities served as financial advisor to New Mountain. The Camber senior management team will remain in place. Walter Batson and outside Director John Wynn, Partner at Lanier Ford Shavier & Payne P.C., will continue as members of the Board of Directors. Alok Singh, Michael Ajouz, and Bert Notini will join the Board from New Mountain. Kevin Parker, the CEO and President of Deltek, Inc., will also join the Board as an outside Director. Camber Press ReleaseDOWNLOAD About Camber Camber Corporation is a leading provider of professional and management services, information technology, engineering, and advanced training solutions to federal government agencies, primarily within the Department of Defense. The Company maintains specialist networks addressing key operational interests in every Joint combatant command; over 150 Army, Air Force, and Navy programs; National Guard headquarters in every state and territory; and over 25 NATO or coalition countries in Europe, Asia, and Africa. For more information on Camber, please visit www.camber.com. About New Mountain Capital New Mountain Capital is a New York-based private equity firm investing for long-term capital appreciation through direct investment in growth equity transactions, leveraged acquisitions, and management buyouts. The Firm currently manages private and public equity funds with approximately $8.5 billion in aggregate capital commitments. New Mountain seeks out the highest-quality growth leaders in carefully selected industry sectors and then works intensively with management to build the value of these companies. For more information on New Mountain Capital, please visit www.newmountaincapital.com. BACK TO NEWS 1633 Broadway, 48th Floor | New York, New York 10019 Phone: (212) 720-0300 Email: NMC-GeneralInquiry@newmountaincapital.com © New Mountain Capital 2021 Privacy Notice Disclosures Website by Darien Group