Croft & Bender Client Named National Small Business Person of the Year

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Mon May 5, 2008 10:00am EDT

ATLANTA, May 5 /PRNewswire/ -- Shawn Boyer, the founder and CEO of
Richmond, Va.-based SnagAJob.com, was recently named the "National Small
Business Person of the Year" by the Small Business Administration.
SnagAJob.com is both a Croft & Bender investment banking client as well as a
C&B Capital portfolio company.
    Boyer, 36, was recognized for identifying a business niche when a friend
had trouble finding an internship and turning that idea into a multi-million
dollar web site focused on the part-time and hourly employee job segment.
    Speaking last week at C&B Capital's annual meeting in Atlanta, Boyer said
SnagAJob.com, which was founded in 1999, is the largest web site for hourly
recruitment and is the fifth largest on-line recruitment company in a field of
more than 40,000 recruitment sites in the U.S.
    "Shawn Boyer is a classic example of an individual who applied the
entrepreneurial spirit, drive and initiative to solve a problem for millions
of job seekers and employers.  We congratulate Shawn on this well-deserved
honor," said Croft & Bender Director Steve Tye.
    SnagAJob.com recorded over 4 million unique visits to its site in April
2008 and now has over 10 million job seekers registered on its site.  In 2007,
visitors to SnagAJob.com conducted 135 million job searches.
    Commenting on his company's growth, Boyer said hourly employees make up 60
percent of the U.S. work force and that the employee annual turnover rate in
the hourly job category is 3.5 times higher than it is for salaried employees.
    SnagAJob.com's successful strategy of attracting the right fit employee at
the lowest cost per hire has enabled it to attract and retain corporate
clients such as McDonald's, The Home Depot, UPS, Boston Market, Chick-fil-A,
Bed Bath & Beyond, Jiffy Lube, Papa John's, and Party City.
    Other C&B Capital portfolio companies presented during the annual meeting
included HealthMark Partners, Inc. (Nashville, Tenn.); Alimera Sciences, Inc.
(Atlanta); CBG Holdings, Inc. (Austin, Texas); and Prommis Solutions, Inc.
(Roswell, Ga.).
    About Croft & Bender and C&B Capital
    Croft & Bender LLC, based in Atlanta, Georgia, is an investment banking
firm focused on providing M&A, private equity and financial advisory services
to middle-market and emerging growth companies in the Southeast. The firm also
sponsors the C&B Capital private equity funds, with $44 million under
management. For more information on Croft & Bender, visit www.croft-bender.com
or contact the firm at (404) 841-3131.
SOURCE  Croft & Bender LLC

Edward S. Croft, III, Managing Director, +1-404-841-0055,
ecroft@croft-bender.com, or Theodore J. Bender, III, Managing Director,
+1-404-841-0053, tbender@croft-bender.com; Stacey Brucia of The Hodges
Partnership, +1-804-381-5132, mobile: +1-206-491-1396, staceyb@hodgespart.com,
for SnagAJob.com
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