The Johnsson Group

News Release

The Johnsson Group Acquires Centerstone Solutions

Chicago, IL February 13, 2008 - The Johnsson Group Expands Business Intelligence Capabilities with the acquisition of CenterStone Solutions and Jesita Consulting Group.

The Johnsson Group, in conjunction with WMG Capital, announces the acquisition of CenterStone Solutions LLC along with its affiliate Jesita Consulting Group (JCG). Both CenterStone and JCG are technology services firms that focus on the deployment of business intelligence and performance management solutions.

Both firms will join the Business Intelligence and Analytics service line of The Johnsson Group (TJG), a consulting firm focused on finance and business operations improvement. This acquisition significantly strengthens TJG’s position in the business intelligence and analytics arena and makes it one of the leading services providers in the areas of Performance Management, including: Enterprise Planning, Business Intelligence Reporting, Scorecarding and Analytical solutions.

CenterStone Solutions LLC, founded in 2005, provides strategy, design, implementation and customization services for business intelligence, planning and performance management products. CenterStone’s founder and managing director, Andrew Ho, will become a senior vice president at The Johnsson Group and lead the firm’s Business Intelligence and Analytics practice area.

“The Johnsson Group is pleased to welcome CenterStone and their clients to our firm,” says Michael Wujciak, CEO of The Johnsson Group and Waterstone Management Group Partner. “This expansion will enhance our delivery capabilities and enrich our business intelligence and analytics service offerings.  We expect our clients to reap the benefits of more strategic and dynamic solutions that will incorporate management consulting and technology solutions.”

 “The synergy between Waterstone, The Johnsson Group and CenterStone is readily apparent.  Working together we can provide strategic, end-to-end business intelligence and analytic solutions that will help our clients run their business with far greater insight,” says Andrew Ho. “Together we are an alternative to large systems integration firms and can provide tightly integrated, management consulting and enterprise-level solutions that achieve strategic objectives, leverage world-class technology and offer advanced predictive analytics.”

About the Johnsson Group:
Founded in 1991, The Johnsson Group (TJG) is a finance and business operations improvement consulting firm focused on helping clients design and implement sustainable solutions to achieve strategic goals and operational objectives.  Drawing on a team of MBAs, CPAs and other business experts with experience in the corporate arena, TJG collaborates with clients to improve finance and accounting operations, enhance business performance, reduce business risk and facilitate data-driven decisions.  To learn more about The Johnsson Group, visit www.thejohnssongroup.com.

About CenterStone:
CenterStone Solutions is a professional services firm comprised of Performance Management consultants that deploy solutions focused around leading business intelligence software: Cognos, Business Objects and SAS.  CenterStone’s offerings are designed to optimize technology investments with services that include product evaluation, technical assessment, software implementation management, application administration and customized training.

About WMG Capital:
WMG Capital is the private investing arm of Waterstone Group Holdings, LLC. The firm sources, invests in and transforms businesses in partnership with sellers, management and co-investors. The team is composed of industry executives with significant operating and transaction experience. Investments are focused in the areas of information technology and high value business services and include growth equity, buyouts, public to private transactions and corporate spinouts. To learn more about WMG Capital, visit www.wmgcapital.com.

About Waterstone Management Group
Waterstone provides professional advisory services to technology leaders, equity investors and emerging ventures. The firm partners with its clients to create substantial financial returns through strategic transactions, new product and service introduction, and operational improvement and restructuring. Waterstone focuses on businesses which compete on information technology and related services. The team combines private equity, management consulting and CEO-level operating expertise into one firm. To learn more about Waterstone Management Group, visit www.waterstonegroup.com.

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