Transactions Alternate

COMPANY & DESCRIPTION TRANSACTION
ADS Technologies, Inc.
Manufacturer of Audio Electronics
Private placement of $4 million Convertible Preferred Stock and arrangement of a $7.5 million Revolving Credit Facility in connection with the acquisition of Orion Industries, Inc.
Allagash Brewing Company
Craft Brewer
Arrangement of a Senior Credit Facility consisting of a Term Loan, Commercial Mortgage, and Revolving Credit Facility.
Allagash Brewing Company
Craft Brewer
Arrangement of an expanded Senior Credit Facility.
Allagash Brewing Company
Craft Brewer
Arrangement of an expanded Senior Credit Facility.
AmVideo Corporation
Cable TV Operator
Private placement of a Term Loan.
AmVideo Corporation
Cable TV Operator
Financial advisor to the company in connection with its acquisition by Prime Cable Corporation.
Advanced Program Xchange
Laboratories, Inc.

Enterprise Application Interchange
Software Developer
Private Placement of Convertible Preferred Stock.
Bluebird Inc.
NYSE-Listed Meat Processor
Private placement of $8.5 million Industrial Revenue Bonds and the arrangement of a $20 million Revolving Credit Facility.
Bluebird Inc.
NYSE-Listed Meat Processor
Financial advisor to the company in connection with its acquisition by Northern Foods, Ltd. For $72 million.
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.
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.
Branch Group, Inc.
Electrical Supplies Distributor
Arrangement of a $35 million Revolving Credit Facility.
CDM Smith, Inc.
Environmental Engineering Services
Private placement of $10 million of Senior Term Notes and arrangement of a $25 million Revolving Credit Facility.
CDM Smith, Inc.
Environmental Engineering Services
Financial advisor in connection with designing a Stock Ownership Plan and restructuring the company's capital structure.
CDM Smith, Inc.
Environmental Engineering Services
Valuation of the company for gift tax purposes.
Certica Solutions, Inc.
(fka The Center for Data Quality, Inc.)
Provider of Education Technology, Content and Data Solutions
Financial advisor to the company in connection with arranging a private placement of common stock.
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.
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.
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.
Cook Family Foods, Ltd.
Meat Processor
Private placement of Industrial Revenue Bonds and arrangement of a Revolving Credit Facility and Term Loan.
Cook Family Foods, Ltd.
Meat Processor
Financial advisor to the company in connection with its acquisition by ConAgra, Inc. for $75 million
Cumberland Farms
Convenience Stores
Various financial advisory services, including Valuations of closely held affiliated companies for tax and acquisition purposes.
Diamond Machining Technology, Inc.
Manufacturer of Consumer & Industrial Tools
Financial advisor to the company in connection with its acquisition by Vogel Capital, Inc.
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.
EHV-Weidmann Industries, Inc.
Manufacturer of Electrical Transformer
Insulation Products
Private placement of Senior Notes and arrangement of a Revolving Credit Facility.
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.
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.
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.
Gividi S.A.P.A.
Manufacturer of Materials for Printed Circuit Boards
Financial advisor to the company in connection with its acquisition 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.
Guzovsky Electrical Corporation
Electrical Contracting Services
Financial advisor to the company and its shareholders in connection with its acquisition by JWP Inc.
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.
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.
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.
Heredia Pte. Ltd.
Enhanced Communications Services Provider
Financial advisor to the company in connection with structuring and negotiating the company's equity financing from a corporate partner in Shanghai, PRC.
Homeview, Inc.
Home Buyers MultiMedia Search Service
Private placement of $6 million Convertible Preferred Stock with IBM Corporation.
Infiltrator Systems, Inc.
Manufacturer of Septic & Water
Disposal Systems
Valuation of the company's Equity Appreciation Rights (EARs) in connection with a private placement
Interleaf, Inc.
Desktop Publishing Software Developer
Private placement of secondary Common Stock.
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.
John J. Roche
Guardian Ad Litem vs. Boston
Safe Deposit Trust
Provided testimony as an expert witness relating to the definition of liquidity and "prudent man" investment criteria.
Kurzweil Computer Products, Inc.
Artificial Intelligence Computer
Product Designer
Private placement of Convertible Subordinated Notes and Common Stock.
Leasing Technologies International, Inc.
Venture Leasing Services
Private placement of Convertible Preferred Stock.
Leasing Technologies International, Inc.
Venture Leasing Services
Private placement of Subordinated Notes and Common Stock.
Leasing Technologies International, Inc.
Venture Leasing Services
Valuation in connection with the company's offer to exchange securities.
MailWise, LLC Provider of Hosted Email Security Solutions Financial Advisor to the Company in connection with its acquisition by j2 Global Communications, Inc.
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.
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.
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.
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.
Monitoring Technologies Corporation
Manufacturer of Machine
Monitoring Equipment
Private placement of Convertible Preferred Stock.
Monitoring Technologies Corporation
Manufacturer of Machine
Monitoring Equipment
Private placement of Subordinated Notes with Warrants.
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.
Pathway Design, Inc.
Communications Software Developer
Private placement of Convertible Preferred Stock and Subordinated Notes.
Pathway Design, Inc.
Communications Software Developer
Financial advisor to the company in connection with its acquisition by ICOT Corporation.
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.
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.
Physical Sciences Inc.
Applied Research & Development Services
Private placement of Subordinated Notes with Alternative Warrants and arrangement of a Revolving Credit Facility to finance the growth of a commercial environmental instruments subsidiary.
Proximity, Inc.
Teleconferencing & Video
Conferencing Services
Private placement of Convertible Preferred Stock.
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.
Purity Supreme, Inc.
Food & Drug Retailer
Private placement of $10 million Senior Notes.
Robert Flemming & Co. Limited
UK Merchant Bank
Financial advisor to the company in connection with the evaluation and sale of its minority Stock ownership in a privately held company.
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.
Seaycob Integrators, Inc. Provider of Warehouse Automation Software & Services Financial Advisor to the Company in connection with its acquisition by Reddwerks Corporation.
SPP Hambro & Co.
Specialty Investment Bank
Financial advisor to this New York based investment bank in connection with its management buyout.
Stanley Martin Companies
Regional Homebuilder &
Real Estate Developer
Arrangement of a $100 million Revolving Credit Facility.
Storage Technology, Inc.
Computer Data Storage Subsystems
Provided testimony as an expert witness relating to the question of materiality of the restatement of interim earnings subsequent to an effective s-14 registration statement and proxy.
Tibersoft Corporation
Supply-Chain Management
Software Developer
Private placement of $7.65 million of Convertible Participating Preferred Stock.
Trina, Inc.
Manufacturer of Travel Accessories
Valuation of the company for estate tax purposes.
TW Kutter, Inc.
Distributor of Food Processing Equipment
Financial advisor to the company in connection with its acquisition by Alfa-Laval A.B.
Twincraft, Inc. Manufacturer of Custom Soaps Financial Advisor to the Company in connection with its acquisition by Langer, Inc.
Verance Corporation
Media Information Services Provider & DRM Software Developer
Private placement of $20.5 million of Convertible Preferred Stock.
Verance Corporation
Media Information Services Provider & DRM Software Developer
Private placement of $5 million of Convertible Preferred Stock.
Vermont Gas Systems, Inc.
Gas Utility
Private placement of Industrial Revenue Bonds.
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.
Vertex Pharmaceuticals Incorporated
Global Biotechnology & Drug Discovery Company
Fairness Opinion in connection with the divestiture of certain assay technologies and the products business of one of the company's subsidiaries, PanVera LLC.
Vertex Pharmaceuticals Incorporated
Global Biotechnology & Drug Discovery Company
Valuation of certain biotechnology products in connection with a vendor supply agreement.
West Lynn Creamery
Dairy Processor
Financial advisor to non-management shareholders in connection with the company's acquisition by Suiza Foods, Inc.
Wicor Americas, Inc.
Manufacturer of Electrical Transformer Components
Private Placement of $23.75 million Term Loan and Revolving Credit Facility, $16 million Second Lien Term Notes, and $9 million Subordinated 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 and 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.