August, 2003
ACG HUB NEWS

Issue 8, August 2003    
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Untitled Document Erik Dykema is pleased to announce that Metapoint Partners has acquired Duncan Parking Technologies, Inc. of Harrison, Arkansas. Duncan, a new platform company, is a leading manufacturer of parking meters. Metapoint continues to seek acquisitions of niche manufacturers of industrial or commercial products with EBITDA of $750,000 to $5 million.

Sverica International closed on its third acquisition since launching its first fund on 2/20/02. Sverica acquires controlling stakes in profitable “low-tech” companies with EBITDA of $2 million to 5 million.

VCS Capital Partners LLC is pleased to announce the acquisition of Noreastco Door & Millwork, Inc. by Steven Lang Door & Millwork, Inc. VCS acted as financial advisor to Noreastco in this transaction.

Stonebridge Associates, LLC recently acted as financial advisor to Uponor Oyj in the sale of its subsidiary, Uponor ETI Company, to PW Eagle Inc. ETI is the recognized technology leader in the North American polyvinyl chloride (PVC) pipe market for municipal engineering applications. Uponor Oyj, a publicly traded company based in Helsinki, Finland, is one of the world’s leading producers of plastic pipe. PW Eagle Inc. is a publicly-traded manufacturer of PVC pipe for municipal, industrial, and commercial applications.

Stonebridge Associates, LLC acted as advisor to the Dead River Company in executing a recapitalization of the company to provide liquidity to one of Dead River’s major shareholders. Dead River, based in Portland Maine, is a leading distributor of petroleum products to Northern New England and operator of convenience food stores.

Stonebridge Technology Associates, a division of Stonebridge Associates, recently acted as financial advisor to Nabi Biopharmaceuticals in its $100 million acquisition from Braintree Laboratories of the worldwide rights to PhosLo, a prescription drug which is currently approved for the control of elevated phosphate levels in patients with end-stage kidney failure. Nabi is a publicly–traded developer and marketer of vaccines and antibody-based therapies used to treat infectious, autoimmune, and addictive diseases.

Stonebridge Technology Associates recently completed an advisory assignment for MARKEM Corporation of Keene, New Hampshire. MARKEM is a leading designer and manufacturer of technologically advanced printing systems used in the food packaging, beverage, pharmaceutical, semiconductor, and general manufacturing industries.

Hammond, Kennedy, Whitney & Co. (HKW) acquired Polyten, LLC from Bison Investments, Inc. The acquisition is the third for the HKW-sponsored private equity fund, HKW Capital Partners II, L.P. (HKW Capital Partners). The acquired business will operate as Coeur, Inc. Coeur is a leading producer of proprietary disposable power injection syringes used primarily during cardiac, diagnostic and therapeutic imaging procedures, such as angiography, Computed Tomography (“CT”) and Magnetic Resonance Imaging (“MRI”).

Hammond, Kennedy, Whitney & Co. (HKW) acquired UCAR Composites Inc. from GrafTech International Ltd. The acquisition is the fourth for the HKW sponsored private equity fund, HKW Capital Partners II, L.P. The acquired business will operate as Coast Composites, Inc. ("Coast"). Coast is a leading designer and manufacturer of large, tight tolerance tooling systems for the defense, commercial aerospace and space/satellite industries.

The Nassau Group served as the exclusive advisor to: VIASYS Healthcare (NYSE: VAS) in the sale of Medical Data Electronics to Invivo Corp. (NASDAQ: SAFE). The company is a developer of wireless patient monitoring systems; Dover Corp. (NYSE: DOV) in the sale of Duncan Industries Parking Control Systems Corp. to Metapoint Partners. (Duncan manufactures parking meters and related systems); SoilSafe (privately held) in the recapitalization led by The Halifax Group. (SoilSafe provides recycling and beneficial re-use solutions for contaminated soils and industrial waste); and MedScan, Inc. in the private equity financing of the company led by Saugatuck Capital. MedScan is a developer and operator of diagnostic imaging centers


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