NEWS RELEASE

For more information, contact:

Murry N. Gunty                                                 

Managing Partner

Blackstreet Capital Management, LLC

240.223.1333

FOR IMMEDIATE RELEASE

Milestone Capital Management, LLC announces name change

Washington, DC – Milestone Capital Management, LLC, a Washington, DC based private equity firm, has changed their name to Blackstreet Capital Management, LLC.

The name change is the final step in Milestone Capital Management’s separation from Milestone Merchant Partners, LLC which was initiated in January 2005.  

“We will always be grateful to Milestone Merchant Partners for helping us form our firm, and, if possible, look forward to working with them in the future,” said Murry N. Gunty, Managing Partner of Blackstreet Capital.   

Blackstreet Capital Management, LLC has also relocated its office to Bethesda, Maryland.

About Blackstreet Capital

Blackstreet Capital Management, LLC (formerly Milestone Capital Management, LLC) is a Bethesda, MD based private equity firm with $88 million of capital under management.  Blackstreet focuses on control buyouts of companies that are either underperforming, in out-of-favor industries or are undergoing some form of transition.  Blackstreet seeks investments in a range of industries, including manufacturing/distribution, business services, specialty retail, restaurants and health care.

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