INFRASTRUCTURE

COMPANY & DESCRIPTION TRANSACTION
Stanley Martin Companies
Regional Homebuilder & Real Estate Developer
Arrangement of a $100 million Revolving Credit Facility.
Heritage Restoration Inc.
Construction Services
Financial advisor to the company in connection with its management buyout financed by Alaris Equity Partners.
CDM Smith, Inc.
Environmental Engineering Services
Private placement of $10 million of Senior Term Notes and arrangement of a $25 million Revolving Credit Facility.
Scottsdale Water Service Company LP
Water Treatment Facility
Financial advisor in connection with structuring and negotiating the private financing for a $25 million water treatment privatization project.
CDM Smith, Inc.
Environmental Engineering Services
Financial advisor in connection with designing a Stock Ownership Plan and restructuring the company's capital structure.
Heritage Restoration Holdings, LLC.
Construction Services
Financial advisor to the company in connection with its recapitalization.
CDM Smith, Inc.
Environmental Engineering Services
Valuation of the company for gift tax purposes.
Infiltrator Systems, Inc.
Manufacturer of Septic & Water Disposal Systems
Valuation of the company's Equity Appreciation Rights (EARs) in connection with a private placement.
Massachusetts Gas & Electric
Light Supply Co.

Electrical Supplies Distributor
Financial advisor to the company in connection with its acquisition by North American Electrical Supply Co., Inc, an affiliate of Branch Group, Inc. We assisted in structuring and negotiating the transaction.
Wicor Americas, Inc.
Manufacturer of Electrical Insulation for Transformers.
Private Placement of $23.75 million Term Loan and Revolving Credit Facility, $16 million Second Lien Term Notes, and $9 million Subordinated Notes.
Branch Group, Inc.
Electrical Supplies Distributor
Arrangement of a $35 million Revolving Credit Facility
Guzovsky Electrical Corporation
Electrical Contracting Services
Financial advisor to the company and its shareholders in connection with its acquisition by JWP Inc.
Vermont Gas Systems, Inc.
Gas Utility
Private placement of Industrial Revenue Bonds.
Northern New England Gas Corporation
Gas Utility
Financial advisor to the company in connection with its leveraged buyout of Vermont Gas Systems, Inc., including the private placement of $11 million of Senior Notes.
Wicor Americas, Inc.
Manufacturer of Electrical Insulation for Transformers
Financial advisor to the company in connection with its acquisition of the Specialty Coatings Division of Avery Dennison Corporation for $47 million, including the arrangement of a $37 million Revolving Credit and Term Loan Facility and $14 million Senior Subordinated Notes, both issued in conjunction with the acquisition.