March 2007
 
To Our Clients and Friends:

Thank you for your continued support of Green Manning & Bunch (GMB). We are mindful that we owe our success to our thoughtful clients, referral sources, financing sources and the professional community.  We are pleased to highlight a few of our recent activities and update you on our growth.

2006 was a particularly active year for GMB.  Our Industry Practices in Construction, Healthcare and Industrials each completed multiple assignments, and one of the sales completed by our Consumer/Retail Industry Practice resulted in the largest Internet financing transaction of the year.  We were proud to make worthy promotions and to welcome additional bankers to our team.  
 

Recently Completed Transactions

Houston, TX-based Access MediQuip, LLC, the first and largest national provider of outsourced implantable medical device management solutions to the healthcare industry, was sold to Water Street Healthcare Partners, a Chicago-based private equity firm focused in the healthcare industry.  Harris Nesbitt Capital provided a one-stop debt solution.


Atlanta, GA-based Century Fire Protection, LLC, the leading independent non-union fire & life safety services company serving the Southeast region of the United States, and Brighton Partners, an Atlanta, GA-based private equity fund, was sold to Wafra Partners, a New York City-based private equity fund. Capital Source provided a one-stop debt solution. 


Denver, CO-based Colorado Catastrophe & Restoration, Inc. (COCAT), a disaster restoration services company, was sold to Progress Equity Partners, a Dallas, TX-based private equity fund. Senior debt was provided by Colorado State Bank & Trust and mezzanine debt was provided by Harbert Management Corporation and Stonehenge Capital Company


Denver, CO-based Robinson Brick Company, the leading manufacturer and distributor of high-end masonry products in the United States, was sold to Vienna, Austria-based Wienerberger AG, the largest brick manufacturer in the world with over 230 production facilities in 24 countries.



Denver, CO-based Timberline Steel, Inc., a full line steel service center, was sold to O’Neal Steel, the nation’s largest family-owned metals service center, based in Birmingham, AL.




Glenn Dale, MD-based TVI Corporation (NASD: TVIN), a publicly held manufacturer of decontamination, command & control, airborne infection isolation and mobile surge capacity shelters, systems and accessories, acquired Signature Special Event Services LLC (SSES) from Chattanooga, TN-based private equity fund River Associates LLC. SSES, based in Frederick, MD, is North America’s leading full-service event equipment and shelter rental company serving the corporate, sporting, social, government and military sectors. 

Denver, CO-based VRBO.com (Vacation Rentals By Owner), an online directory of over 65,000 vacation rental properties located on six continents, was acquired by Austin, TX-based HomeAway, Inc.  HomeAway, VRBO.com’s largest competitor, is funded primarily by American Capital Strategies, which provided the debt for the acquisition, Austin Ventures, Redpoint Ventures.  The transaction was the largest financing of an Internet software and services company in the US in 2006.

GMB also advised the board of a not-for-profit managed care plan in Colorado on strategic alternatives, including a potential merger with another plan.


Promotions & New Hires

We are extremely pleased to announce the well-deserved promotions of  Barry Capoot to Director,  Greg Anderson and Ward Cerny to Vice President and Anthony Holmes to Associate.  We also hired five talented new professionals in 2006:   Chris Hammond, Director; Jason Munoz, Vice President, Construction Industry Practice; Brian Parks, Analyst; Max Miller, Analyst; and  Chris Kerby, Analyst.   


As we look to the future, we are excited about our firm's prospects for continued growth. We are currently representing clients in each of our five industry practice areas and business is good.  We look forward to opportunities to work with all of you in the future.    

Sincerely,

Your friends at Green Manning & Bunch

ABOUT GMB
Formed in 1988, Denver-based GMB is one of the nation's leading investment banks focused on the middle market. Our firm provides specialized expertise in mergers and acquisitions, private financings and financial advisory services. Since inception, GMB and its senior professionals have completed over 250 transactions with an aggregate value of $15 billion. 

We combine our deep transactional experience with industry specific expertise to deliver superior results for our clients in five industry practices: Business Services, Construction, Consumer/Retail, Healthcare, and Industrials. We continuously build and maintain relationships with buyers, sellers and investors active in each of these industry sectors to ensure that every transaction is exposed to the right target market.  From our headquarters in Denver and office in Phoenix, we are centrally located to serve clients nationwide.  

Denver 303.592.4800 | 3600 Republic Plaza | 370 17th Street | Denver, CO 80202
Phoenix 602.240.2753 | 2600 North Central Avenue | Suite 2000 | Phoenix, AZ 85004
Email: info@gmbltd.com

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