ComVest Invests $10 Million to Support the Continued Growth of RAVE LLC

The ComVest Group, through its Debt Fund, ComVest Capital, has provided $10 million in financing to Rave LLC, a leading supplier of advanced process solutions to the Semiconductor and Photomask Industries. The financing was structured as a $6 million senior working capital revolver and a $4 million purchase order finance line. About RAVE LLC Since

ComVest Announces Final Closing on $335 Million Private Equity Fund

The ComVest Group (“ComVest”), a leading West Pam Beach based private investment firm announced today that it has successfully raised $335 Million on behalf of ComVest Investment Partners III, L.P. (the “Partnership” or “ComVest III”). The Partnership held its final closing on May 30, 2008, with aggregate commitments totaling $335 million. The Limited Partners of

ComVest has Acquired Southern Comfort Conversions

West Palm Beach, Florida, December 2007 – The ComVest Group has acquired Southern Comfort Conversions (“Southern Comfort”). The largest vehicle converter in the United States, the Company has both strategic alliances with automobile manufacturers, particularly General Motors, and a large dealer distribution network. Through its alliance with GM, the Company has recently secured exclusive contracts

ComVest Portfolio Company, Averion International Corp., Acquires Hesperion AG

West Palm Beach, Fl., November 1, 2007 – ComVest’s portfolio company, Averion International Corp. (OTC:AVRO) (“Averion”), today announced that it has acquired Hesperion AG (“Hesperion”), a Swiss-based, international, full-service, clinical research organization (CRO), from its parent company, Cerep SA. The €25.0 million (approximately $36.2 million) acquisition purchase price included an upfront cash payment of €20.0

ComVest has Purchased Hi-Way Equipment Company

West Palm Beach, Florida, October 2007 – The ComVest Group, through its Control Fund, ComVest Investment Partners III, LP, has acquired Hi-Way Equipment Company (“Hi-Way”) for $17.25 million. ComVest has also acquired the plant and inventory from which Hi-Way conducts its operations. About Hi-Way Hi-Way is based in Houston, Texas, and is a multi-line dealer

CDC Software Enters Agreement to Acquire ComVest Portfolio Company, Catalyst International

ATLANTA–Sept. 5, 2007–CDC Software, a wholly owned subsidiary of CDC Corporation (NASDAQ: CHINA) and a provider of industry-specific enterprise software applications and business services, announced today that it has entered into a definitive agreement to acquire a portfolio company of ComVest, Milwaukee-based Catalyst International, a leading provider of supply chain execution solutions and services. With