
| Target/Offeror | Acquiror/Transaction Type | Transaction Description |
| ACTION INDUSTRIES, INC. | THE MAZEL COMPANY | Financial advisor to Action Industries, Inc. in the sale of selected assets to The Mazel Company. |
| ANNTAYLOR STORES CORP. | REVOLVING CREDIT | Financial advisor to AnnTaylor Stores in negotiations of their $40,000,000 revolving credit agreement. |
| AQUAPENN SPRING WATER CO | COMMON STOCK | Co-manager to AquaPenn Spring Water Company in their $52,900,000 initial public offering. |
| AQUAPENN SPRING WATER CO | GROUPE DANONE | Financial advisor to AquaPenn Spring Water Company and rendered a fairness opinion in their sale to Groupe Danone of France. |
| AVIS RENT A CAR SYSTEM, LLC | SENIOR NOTES | Placement agent to AVIS in their $100,000,000 senior notes offering. |
| AZALEA ACQUISITION CORP. | LBO FINANCING | Placement agent to Azalea Acquisition Corp. in their $28,550,000 LBO financing for the acquisitions of Fine’s Men’s Shops and United Shirt Distributors. |
| BEATRICE FOODS COMPANY | KOHLBERG, KRAVIS, ROBERTS | Financial Advisor to Kohlberg, Kravis, Roberts & Co. in their LBO of Beatrice Foods. |
| CEDAR POINT | CEDAR FAIR L.P. | Financial advisor to Cedar Point, rendered fairness opinions and assisted in the negotiations of their sale to Cedar Fair L.P. |
| CINNABON | RUI HOLDINGS | Financial advisor to Restaurants Unlimited and assisted in the negotiations of their sale to RUI Holdings. |
| DAN RIVER, INC. | KELSO & COMPANY | Financial advisor to Dan River, Inc., rendered a fairness opinion and assisted in the negotiations of their sale to Kelso & Company. |
| EAT’N PARK | SENIOR NOTES | Placement Agent for Eat’n Park Hospitality Group in their senior notes offering of $20,000,000. |
| EAT’N PARK | REVOLVING CREDIT | $15,000,000 revolving credit agreement. |
| FINE’S MEN’S SHOPS | AZALEA ACQUISITION CORP. | Financial advisor to Azalea Acquisition Corp. in their acquisition of Fine’s Men’s Shops. |
| GIANT EAGLE, INC. | RISER FOODS, INC. | Financial advisor to Giant Eagle in their acquisition of Riser Foods, Inc. |
| GREYFOX SYSTEMS INC. | LEGRAND NORTH AMERICA | Financial advisor to Greyfox Systems and assisted in negotiations of their sale to Legrand North America. |
| HEAVEN HILL DISTILLERIES | SENIOR NOTES | Placement agent to Heaven Hill Distilleries in their $20,000,000 senior notes offering. |
| KENNYWOOD ENTERTAINMENT | PARQUES REUNIDOS | Financial advisor to Kennywood Entertainment and rendered a fairness opinion regarding their sale to Parques Reunidos. |
| LENNFEST COMMUNICATIONS | REVOLVING CREDIT | Syndicated $200,000,000 revolving credit agreement. |
| LENOX, INCORPORATED | BROWN-FORMAN, INC. | Financial advisor to Lenox, and rendered a fairness opinion regarding their sale to Brown-Forman, Inc. |
| PACIFIC GAMBLE ROBINSON CO. | MILLER CASCADE, INC. | Financial advisor to Pacific Gamble Robinson Co. and assisted in the negotiations of their sale to Miller Cascade. |
| PALOMINO RESTAURANT | RUI HOLDINGS | Financial advisor to Restaurants Unlimited and assisted in the negotiations of their sale to RUI Holdings. |
| PIERCING PAGODA, INC. | COMMON STOCK | Co-manager to the Piercing Pagoda in their $17,600,000 initial public offering. |
| PIERCING PAGODA, INC. | COMMON STOCK | Co-manager to the Piercing Pagoda in their $38,600,000 follow-on offering. |
| RESTAURANTS UNLIMITED, INC. | LBO FINANCING | Placement agent to Restaurants Unlimited in their $51,000,000 LBO financing. |
| THE STEAK N’ SHAKE COMPANY | RECAPITALIZATION | Financial advisor to The Steak n’ Shake Company (formerly Consolidated Products) in their leveraged recapitalization. |
| TOPS FRIENDLY MARKETS | AEA INVESTORS | Financial advisor to Tops Friendly Markets, rendered a fairness opinion and assisted in the negotiations of their sale to AEA Investors. |
| TULIP HOLDING CORPORATION | LBO FINANCING | Placement agent to Tulip Holding Corp. in their $67,000,000 LBO financing for the acquisitions of Tulip Productions by Bain Capital. |
| TULIP PRODUCTIONS | BAIN CAPITAL | Financial advisor to Bain Capital in their acquisition of Tulip Productions. |
| UNITED SHIRT DISTRIBUTORS | AZALEA ACQUISITION CORP. | Financial advisor to Azalea Acquisition Corp. in their acquisition of United Shirt Distributors. |
| WETTERAU INCORPORATED | SENIOR NOTES | Private placement agent to Wetterau Incorporated in their $75,000,000 senior notes offering. |
*Transactions completed by Raptor Partners’ professionals, including those completed at other firms.