April 22, 2009

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Kelly O'Donnell
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Beringea, LLC
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Beringea Invests in Grand Rapids, Mich.-Based Ranir, LLC

FARMINGTON HILLS, Mich. — Beringea announced a $4 million investment in Ranir, LLC, a leading manufacturer of consumer oral care products. The investment in the Grand Rapids-based company was made through Beringea's InvestMichigan! Growth Capital Fund to help finance the acquisition of the Plackers® brand product line, further increasing the Company's customer base and expanding its size and scope. Ranir currently manufactures and markets consumer oral care products to leading retail customers and branded oral care companies in North America; products include tooth-whitening wraps, trays and gels, manual and power toothbrushes, dental floss and flossers, night protectors, and other oral care accessories.

"The investment helps facilitate growth for a company that already employs over 400 people in West Michigan," Jeff Bocan, managing director of Beringea, commented. "We're excited to help this long-time Michigan company extend its market leadership into new product categories, allowing Ranir to continue its impressive rate of growth."

Ranir is the fourth Michigan-based company to be added to the InvestMichigan! Growth Capital Fund's portfolio. Others include Marquette-based Pioneer Surgical Technologies, Lansing-based EcoSynthetix and Auburn Hills-based Microposite. www.investmichiganfund.com

About Ranir, LLC

Ranir, founded in 1979 and based in Grand Rapids, Mich., manufactures and markets consumer oral care products in North America. It offers manual and power toothbrushes, dental floss and flossers, tooth whiteners, trial-sized products, travel kits, and accessories to retailers as well as branded contract manufacturing customers. www.ranir.com

About Beringea

Beringea is an international private equity and investment banking firm with offices in Detroit, Los Angeles, London and Shanghai. Beringea's funds invest in a range of small to medium sized companies with the potential for high growth and strong returns for investors. Beringea is the manager of funds including InvestMichigan! Growth Capital Fund, InvestCare Partners and Global Rights Fund II, among others. For more information on Beringea's private equity activities, visit www.beringea.com