Calera Capital, a leading middle-market private equity firm, today announced that Paul Walsh, formerly of eFunds Corporation, has joined Calera as an Operating Partner.

In partnership with Calera, Mr. Walsh will focus on making investments in the business and financial services sectors with a particular focus on transaction processing, payments and other technology outsourcing and information-based services. Calera intends to commit $50 to $200 million of equity per investment in a range of transaction types which may include recapitalizations of private and public companies, growth equity investments, public-to- private transactions and leveraged buyouts. Calera will also be focused on working with large, diversified financial institutions, regional banks and business services consolidators in the sale or spin-off of their non-core assets and divisions.

“We are delighted to be partnering with Paul given his strong track record of building middle-market businesses and his substantial experience in the financial and business services sectors,” said Jim Farrell, Managing Partner at Calera. Added Mark Williamson, Managing Partner at Calera, “Calera has a long tradition of successfully partnering with seasoned industry operators. This relationship will further reinforce Calera’s differentiated approach to creating strong investment returns through the use of operational and strategic insights to improve business performance.”

“I am delighted to be working with Calera,” stated Paul Walsh. “Their focus on partnership and their understanding of how to build sustainable value in underlying businesses is a strong fit with my background and objective.”

Paul Walsh has more than 30 years of business and financial services experience. Most recently, Mr. Walsh was the Chairman and CEO of eFunds Corporation, where he engineered a dramatic improvement in the company’s operating performance and stock price. eFunds Corporation (NYSE: EFD), formerly a publicly traded company, was recently acquired by Fidelity National Information Services Inc. (NYSE: FIS) for approximately $1.8 billion. Mr. Walsh has also been in various senior leadership positions at established businesses including Wright Express (CEO), BancOne Diversified Services (CEO), Norwest Capital Management and Trust (SVP) and Diners Club Germany (CEO). Mr. Walsh serves on the board of directors for Staples and is on the Board of Fellows at Thunderbird, School of Global Management.

About Calera Capital Founded in 1991, Calera Capital is a middle market private equity firm which has managed more than $2.5 billion of equity capital in investments with total transaction values of approximately $7 billion. With offices in San Francisco and Boston, Calera invests in a number of industries, including business services, financial services, food and consumer, building products, healthcare and industrial manufacturing, typically in companies with enterprise values up to $1 billion, and seeks to build long-term sustainable value by working with management teams to implement strategic and operating initiatives. More information can be found at www.caleracapital.com.

For More Information, Contact:
Michael Mandelbaum
Mandelbaum Partners
(310) 785-0810
michael@mandelbaumpartners.com