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Empire News: Press Release

Empire Investment Holdings Ranked One of the Fastest-Growing Private Companies in America

Miami, Florida, August 27, 2010 (Business Wire) - Empire Investment Holdings ("Empire"), a private investment firm focused on acquiring non-core business units of public and private corporations, today announced that it has been recognized by Inc. Magazine as one of the fastest-growing private companies in the United States. This is the second consecutive year that Empire has been recognized by Inc. Magazine. Over a three year period, Empire posted a 457% growth rate landing them at #17 in the Miami metro area, #38 among financial services companies and #667 in the nation.

"Consecutive recognition from Inc. Magazine is a testament to our firm’s continued success," said David F. Alfonso, Empire’s chairman and chief executive officer. "We are honored by the ranking, which serves as evidence of our significant accomplishments to date."

"Fast growth at any time is a big achievement; fast growth during the past few years is just short of miraculous," said Inc. editor Jane Berentson. The 2010 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2006 to 2009. "The leaders of the companies on this year’s list have figured out how to grow their businesses during the longest recession since the Great Depression," said Inc. president Bob LaPointe.

Since its inception in 2004, Empire Investment Holdings has grown into a worldwide organization. Today, Empire’s portfolio is comprised of 7 operating companies, serving over 10,000 customers worldwide, with an international footprint of 25 facilities encompassing over one million square feet of space and over 1,000 employees.

About Empire Investment Holdings
Empire Investment Holdings ("Empire") is a private investment firm focused exclusively on the acquisition and strategic management of non-core business units from public and private corporations. Empire adheres to a well defined and focused acquisition strategy that is driven by the firm’s history in acquiring, operating and managing over 50 corporate divestitures across several industries. Today, Empire’s portfolio is comprised of 7 operating companies, serving over 10,000 customers worldwide, with an international footprint of 25 facilities encompassing over one million square feet of space and over 1,000 employees.


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