Tolt Service Group Receives Strategic Investment from Lake Capital

A Premier Provider of Outsourced Technology Management Solutions
for Retailers Partners with Lake Capital to Enhance Growth
TEMPE, Ariz.--(Business Wire)--
Tolt Service Group, a nationwide provider of outsourced technology
field services, today announced that it has partnered with and
received a significant investment from Lake Capital, a private equity
firm. Tolt Service Group will use the capital and strategic resources
provided by Lake Capital to continue to grow the scope and reach of
its service offerings through organic initiatives and acquisitions
designed to enhance further its industry-leading service to retailer
customers.

Tolt provides its customers, primarily large national and regional
retailers, with a suite of field services designed to offer a single
source solution for the installation, ongoing maintenance and
disposition of technology hardware and software within the four walls
of retail locations. Tolt utilizes only company employed field
technicians strategically located throughout the United States to
provide comprehensive manufacturer-independent field service
solutions.

"We are very excited about our partnership with Lake Capital and
look forward to having the additional capital and resources to
accelerate our growth as the premier, independent provider of
outsourced technology field services," said Stuart Rhea, chief
executive officer and founder of Tolt Service Group. "In the past six
years, we have built a nationwide field service platform focused on
installing and servicing our retail customers' in-store technology
needs. The next phase in our growth plan is to leverage and broaden
our network to better serve our current and new customers in a variety
of retail segments."

A proven innovator and leader in the technology field service
industry, Rhea and his team have organically built Tolt into one of
the nation's leading outsourced field service providers. Over the past
three years, Tolt has grown revenues at a compound annual growth rate
exceeding 30%. Prior to founding Tolt, Rhea developed and implemented
an internal, nationwide field service network for a Fortune 50 retail
company.

"We are pleased to share a strategic and operational vision with
Stu and the other members of Tolt's outstanding team," noted Ted
Kovas, a Lake Capital principal. "Tolt's ability to deliver
best-in-class field service solutions across a nationwide footprint is
evidenced by its strong relationships with many of the nation's
leading retailers. Together with Tolt, we seek to broaden the
company's services, deepen its nationwide presence and continue the
rapid growth and adoption of Tolt's model for effective and efficient
field service."

About Tolt Service Group

Tolt Service Group is a single-source provider of managed services
for all technology equipment within the four walls of retail locations
throughout the United States. Tolt employs a nationwide network of
technicians, installers and project managers who specialize in on-site
break/fix repair, depot repair, rapid technology deployment,
technology upgrades, and more. Backed by a state-of-the-art,
board-level repair facility, Tolt partners with its clients to provide
better service at a lower cost. More information about Tolt is
available at www.toltservicegroup.com.

About Lake Capital

Lake Capital is a private equity firm that focuses on investments
in service-based enterprises across various industries. The firm is
currently managing more than $1.3 billion of capital and seeks to
build leading services companies through organic and
acquisition-enhanced growth. More information about Lake Capital is
available at www.lakecapital.com.

Tolt Service Group
Stuart Rhea, 480-705-8656
or
Lake Capital
Toni Morrell, 312-640-7060

Copyright Business Wire 2008