Press Release

Navigant Capital Advisors, LLC Serves as Financial Advisor to Green
Bancorp in Its $100 Million Private Placement of Common Stock

August 19, 2010 at 10:01 AM EDT
Investment Banking Transaction Exemplifies Growth and Consolidation Opportunities for Private Equity in the Banking Sector

CHICAGO, Aug 19, 2010 (BUSINESS WIRE) --

Navigant Capital Advisors, a subsidiary of Navigant Consulting, Inc. (NYSE: NCI), announced today that it recently advised Green Bancorp, Inc., the holding company for Green Bank, N.A., in closing an aggregate $100 million private placement of common stock of the company with several independent investment firms. The investors include funds affiliated with Friedman Fleischer & Lowe, LLC, Harvest Partners, LP and Pine Brook Road Partners, LLC. No investor will own more than 24.9 percent of the common stock of the company. The new capital will be used to expand current operations, as well as to pursue growth opportunities, including bank and branch acquisitions, structured transactions and FDIC-assisted transactions.

This transaction exemplifies the growing number of private equity firms investing in healthy banks which can then serve as a platform for acquiring distressed banks and market consolidation opportunities. During the first two quarters of 2010, there have already been 17 completed or announced investment transactions involving private equity firms, compared to a total of 18 such transactions in 2009. Since the end of 2006, more than 50 private equity firms have invested in over 55 regional banks.

Green Bank is a national bank headquartered in Houston, Texas and focuses on the commercial and private banking needs of middle market businesses and individuals. As of March 31, 2010, Green Bancorp reported total consolidated assets of $536.4 million. As a result of the capital raise, the company will have total common equity of approximately $150.0 million, resulting in an increase in the company's Tier 1 Capital Ratio from 8.3% to approximately 25.0% as of June 30, 2010.

About Navigant Capital Advisors

Navigant Capital Advisors (NCA) is the dedicated corporate finance business unit of Navigant Consulting, Inc. NCA serves the Investment Banking, Restructuring, Valuation, and Transaction Advisory needs of companies, private equity groups, lenders, and other creditor constituencies. Investment banking, private placement, merger, acquisition and divestiture services offered through Navigant Capital Advisors, LLC. Member FINRA/SIPC. More information about Navigant Capital Advisors can be found at www.ncacf.com.

About Navigant Consulting

Navigant Consulting, Inc. (NYSE: NCI) is a specialized, global expert services firm dedicated to assisting clients in creating and protecting value in the face of critical business risks and opportunities. Through senior level engagement with clients, Navigant professionals combine technical expertise in Disputes and Investigations, Economics, Financial Advisory and Management Consulting, with business pragmatism in the highly regulated Construction, Energy, Financial Services and Healthcare industries to support clients in addressing their most critical business needs. "Navigant" is a service mark of Navigant International, Inc. Navigant Consulting, Inc. (NCI) is not affiliated, associated, or in any way connected with Navigant International, Inc. and NCI's use of "Navigant" is made under license from Navigant International, Inc. More information about Navigant Consulting can be found at www.navigantconsulting.com.

SOURCE: Navigant Consulting, Inc.

Marilyn Kahn
Navigant Capital Advisors, LLC
847.821.1153
or
Dennis S. Dobson
Dobson Public Relations, Inc.
203.258.0159

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