Abacus achieves record transaction level for 2007 and begins new phase of growth

April 3, 2008, Vancouver, BC – Abacus Private Equity is pleased to announce that it has set a new record for completed transactions with a total transaction value of approximately $640 Million in 2007. Since 2005, Abacus Private Equity has completed acquisitions with a combined enterprise value in excess of $1.5 Billion across industries, both domestically and internationally.

“We are extremely proud of our achievements to date. We have built an exceptionally talented team of professionals with multidisciplinary expertise. We continue to believe our success lies in our ability to offer creative proposals that achieve the diverse goals of business sellers.” said Gene Gomes, Managing Director.

Abacus focuses on bringing value to sellers of Canadian businesses, irrespective of their industry, through structured acquisitions.

Abacus maintains strong relationships with the foremost experts in the fields of corporate law, tax and finance, complementing its internal teams to develop and offer unique proposals that culminate in highly efficient business sale transactions. These solutions generally revolve around achieving a vendor’s personal and financial goals.

About Abacus Private Equity

Abacus Private Equity Group is a leading independent investment firm that has been acquiring Canadian and international corporations and partnerships for more than a decade. Since 2005, Abacus has acquired in excess of $1.5 billion in assets through its affiliated divisions. Abacus possesses depth of knowledge, expertise in diverse industries and substantial resources for new opportunities and is committed to making equity investments for long-term value appreciation.

Please visit www.AbacusPE.com for more information or contact:
T: 416.214.3336
E: Info_Toronto@AbacusPE.com