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David Woods, President and CEO of AIA, released an addtional accompanying statement:
"We have had a great eight year experience with Riverside," said Woods. "Their business model typically anticipates a holding period of five to seven years, so it is normal for them to exit now. We welcome McNally Capital of Chicago as our new Private Equity partner, and we look forward to a bright future of growth and success with the resources they bring to AIA."
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