Blackstreet Capital Holdings sells stake in Premier Care to Management

BCH affiliate sells holding in direct marketer of walk-in bath tubs
and showers

CHEVY CHASE, Md.–(BUSINESS WIRE)–Premier Care Holdings, Inc. (“PCI” or the “Company”), an affiliate of
Blackstreet Capital Holdings, LLC (BCH), has sold its ownership in
Premier Care, LLC (“Premier Care”) in a Management Buyout lead by Chief
Executive Officer, Ron Greene. Premier Care, headquartered in South
Daytona, FL, provides safe bathing solutions for seniors, veterans,
those with limited mobility or people living with disabilities. BCH is
run by Murry Gunty, Chief Executive Officer, and Lawrence Berger, Chief
Investment Officer.

“We want to thank BCH for their partnership in Premier Care and look
forward to continuing to build Premier Care into a leader and innovator
in safe bathing solutions,” said the Company’s CEO, Ron Greene. “With
this management buyout, we are best positioned to enable our customers
to rediscover their independence while continuing to live at home with
our walk-in bath tubs and showers.”

“Ron is an industry veteran and he is the right person to continue to
build Premier Care in the future,“ said Murry Gunty, CEO of BCH.
“Through the outstanding work of the BCH team, Premier Care has been
reconfigured into a great opportunity for Ron.”

BCH is a diversified holding company that seeks investments in debt and
equity of companies that are either underperforming, in out-of-favor
industries or are undergoing some form of transition. BCH seeks to
invest in a range of industries including education, manufacturing,
sports and entertainment, distribution, ecommerce, technology, and
franchising.

About Blackstreet Capital Holdings, LLC

Blackstreet Capital Holdings, LLC is a Chevy Chase, MD based diversified
holding company run by Murry Gunty and Lawrence Berger. BCH currently
has equity and debt holdings in education, consumer finance, sports and
entertainment, and direct-to-consumer. Mr. Gunty and Mr. Berger have
deep experience buying companies that are either underperforming
businesses, in out-of-favor industries or are undergoing some form of
transition. BCH seeks investments in a range of industries, including
education, manufacturing, sports and entertainment, distribution,
ecommerce, and franchising.

Contacts

Blackstreet Capital Holdings, LLC
Lawrence Berger, 202-210-2234
LBerger@blackstreethold.com