Mergers, Acquisitions & Divestitures

COMPANY & DESCRIPTION TRANSACTION
Harpak, Inc.
Distributor & Integrator of Automated Food Packaging Equipment
Financial Advisor to the Company in connection with its merger with ULMA Packaging Systems, Inc., a wholly owned subsidiary of ULMA C y E, S. Corp.
Twincraft, Inc.
Manufacturer of Custom Soaps
Financial Advisor to the Company in connection with its acquisition by Langer, Inc.
Vertex Pharmaceuticals Incorporated
Global Biotechnology & Drug Discovery Company
Financial advisor to Vertex (NASDAQ: VRTX) in connection with the sale of its subsidiary PanVera LLC to Invitrogen Corporation (NASDAQ: IVGN) for $95 million.
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.
MailWise, LLC
Provider of Hosted Email Security Solutions
Financial Advisor to the Company in connection with its acquisition by j2 Global Communications, Inc.
Proximity, Inc.
Teleconferencing & Video
Conferencing Services
Financial advisor to the company in connection with its acquisition by ACT Teleconferencing, Inc. We initiated this transaction and led the negotiations.
Health Development Corporation
Health & Fitness Club Operator
 Financial advisor to the company in connection with its acquisition by Town Sports International, Inc. We initiated this transaction and led the negotiations for the company.
Diamond Machining Technology, Inc.
Manufacturer of Consumer & Industrial Tools
 Financial advisor to the company in connection with its acquisition by Vogel Capital, Inc.
Bluebird Inc.
NYSE-Listed Meat Processor
 Financial advisor to the company in connection with its acquisition by Northern Foods, Ltd. For $72 million.
Cook Family Foods, Ltd.
Meat Processor
Financial advisor to the company in connection with its acquisition by ConAgra, Inc. for $75 million.
Electronic Space Systems Corporation
Manufacturer of Ground Based
Radomes & Antennae
Financial advisor to the company in connection with its acquisition by L-3 Communications Corporation. We initiated this transaction and led the negotiations for the company.
Maple Grove Farms Of Vermont, Inc.
Specialty Foods Processor
Financial advisor to the company in connection with its acquisition by BGH Holdings, Inc., the parent company of B&G Foods, Inc. We assisted in structuring and negotiating the transaction.
Commercialware Incorporated
Software for Direct & eCommerce
& Merchants
Financial advisor to the company in connection with its acquisition by ASA International Ltd.
Commercialware Incorporated
Software for Direct & eCommerce
& Merchants
Financial advisor to management in connection with the subsequent divestiture from ASA International Ltd. via management led LBO.
Electro-Films, Inc. Manufacturer of Micro-Electronic Components Financial advisor to the company in connection with its acquisition by Vishay Intertechnologies, Inc. We initiated this transaction and led the negotiations for the company.
West Lynn Creamery
Dairy Processor
Financial advisor to non-management shareholders in connection with the company’s acquisition by Suiza Foods, Inc.
Bouyea Baking Co., Inc.
And Fassetts Bakery Inc.

Bread & Roll Bakers
Financial advisor to these Bouyea family-owned companies in connection with their acquisition. We initiated this transaction and assisted in the negotiations.
Computer Partners, Inc.
Systems Integration Consulting
Financial advisor to the company in connection with its acquisition by Computer Sciences Corporation. We initiated this transaction and assisted in the negotiations.
Computer Partners, Inc.
Systems Integration Consulting
Financial advisor to the company in connection with structuring and arranging the buyout of a major Stockholder through a leveraged ESOP financing.
Elmwood Sensors, Inc.
Manufacturer of Electrical Components
Financial advisor to the company in connection with its acquisition by Hawker Siddeley Group Ltd. For $20 million. We initiated this transaction and assisted in the negotiations for the company.
ADS Technologies, Inc.
Manufacturer of Audio Electronics
Financial advisor to the company in connection with its acquisition of Orion Industries, Inc. We assisted with structuring, negotiating and financing the transaction with the private placement of $4 million Convertible Preferred Stock and the arrangement of a $7.5 million Revolving Credit Facility.
Pathway Design, Inc.
Communications Software Developer
Financial advisor to the company in connection with its acquisition by ICOT Corporation.
Phase3 Systems, Inc.
Securities Transaction Processing Software Developer
Financial advisor to the company in connection with its acquisition by SunGard Data Systems, Inc. We initiated this transaction and assisted in the negotiations.
Cirrus Technologies, Inc.
Manufacturer of Audio Broadcast
& Recording Equipment
 Financial advisor to the company in connection with arranging acquisition financing, including a Revolving Credit/Term Facility, Subordinated Notes with Warrants, and Convertible Preferred Stock.
AmVideo Corporation
Cable TV Operator
Financial advisor to the company in connection with its acquisition by Prime Cable Corporation.
Metro-Net Inc.
Radio Station Holding Company
Private placement of Subordinated Notes and Preferred Stock and arrangement of a Revolving Credit/Term Loan Facility in connection with a radio station acquisition.
The Boston Phoenix
Newspaper Publisher
Financial advisor to management in connection with its acquisition of the 50% ownership held by investors.
The Boston Phoenix
Newspaper Publisher
 Financial advisor to the company in connection with its acquisition of its principal competitor.
DME Acquisition Corporation
Manufacturer of Navigation Equipment
Financial advisor to Lawler Botsford & Company, founder of DME, in connection with its acquisition of Digital Marine Electronics Corporation, including structuring and arranging $14 million debt and equity financing for the transaction.
Patrick Cudahy Incorporated
Meat Processor
Financial advisor to a minority shareholder in connection with the sale of a 20% interest to majority shareholder Smithfield Foods, Inc, including structuring the transaction.
TW Kutter, Inc.
Distributor of Food Processing Equipment
Financial advisor to the company in connection with its acquisition by Alfa-Laval A.B.
Mast Industries, Inc.
Manufacturer of Women’s Apparel
 Acted as Offeree Representative to Mast shareholders in connection with the acquisition of Mast by The Limited.
Massachusetts Gas & Electric Light
Supply Co.

Electrical Supplies Distributor
 Financial advisor to the company in connection with its acquisition by Branch Group, Inc. We assisted in structuring and negotiating the transaction.
Guzovsky Electrical Corporation
Electrical Contracting Services
Financial advisor to the company and its shareholders in connection with its acquisition by JWP Inc.
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.
Hercules Engines, Inc.
Manufacturer of Diesel Engines
Financial advisor to the company in connection with its acquisition of White Engines, Inc., including the private placement of $45 million Term debt and arrangement of a Revolving Credit Facility.
Jamesbury Corp.
Manufacturer of Industrial Valves
& Control Devices
Financial advisor to the company in connection with its divestiture of Decitek Corp., a wholly owned subsidiary. We initiated this transaction and assisted in the negotiations.
Gividi S.A.P.A.
Manufacturer of Materials for Printed Circuit Boards
Financial advisor to the company in connection with its acquistion of GGF, a U.S. division of a Square D Company subsidiary, including structuring, negotiating, and arranging the $9 million debt financing issued in conjunction with the acquisition.
SPP Hambro & Co.
Specialty Investment Bank
Financial advisor to this New York based investment bank in connection with its management buyout.
Seayco Integrators, Inc. Provider of Warehouse Automation Software & Services Financial Advisor to the Company in connection with its acquisition by Reddwerks Corporation.