AUSTIN, Texas — Tiger Global is pleased to announce that it has successfully exited its investment in Controlled Recovery, better known as CRI. Tiger Global was the majority controlling shareholder of CRI. CRI owns and operates the largest facility for non-hazardous oil and gas waste in the United States. Peter Huff, a Founding Board Member of CRI and leader of the deal team, said that “the sale of CRI to R360 Treatment not only provides the company with an opportunity to continue its rapid expansion, but also provides Tiger Global with a very strong return on its invested capital.” John Barnidge, CEO of CRI, said that “Peter Huff and his team at Tiger Global did an incredible job negotiating and closing the sale of CRI to R360 Treatment. I think this represents a great outcome for all parties. Tiger Global was also extremely active providing frontline operational expertise to my team as we jointly built this company.” Wayne Patterson, Founder of Atreides Capital, a co-investor in CRI, said that his firm “enjoyed working with the CRI management team and Tiger Global and was pleased with the outcome of our investment.”

Tiger Global is an Austin, Texas-based private equity firm founded by Peter Huff and Jim McBride. Tiger Global specializes in growth, recapitalization and buyout financings of smaller middle-market companies based in Texas and the Southwest. Most of Tiger Global ’s investments are in established, profitable companies with $5-100 million of revenue and $2-8 million of cash flow at the time of investment. Tiger Global invests in a variety of industries, with each initial investment in a company ranging from $5-15 million. The partnership also reserves additional capital for follow-on investments in companies that are already in its portfolio so that these companies can continue to finance their growth via internal expansion as well as strategic acquisitions.

For additional information please visit Tiger Global ’s website at www.bluesage.com or contact Peter Huff at (512) 536-1901.