Representative Transactions

The following companies are representative of previous clients served. Names and descriptions may not be current due to mergers but reflect the status at the time of engagement.

Allied Capital Corporation (Washington DC) – financial services, $20 million term debt financing
Amarlite (Atlanta, GA) - aluminum building products, $22 million senior and subordinated acquisition financing
American Powdered Metals (Palm Beach, FL) - powdered metal parts, $10.4 million senior and subordinated acquisition financing
AmeriMark Building Products (Palm Beach, FL) - durable goods manufacturer, $135 million senior and subordinated acquisition financing
Assured Financial, LLC (Little Canada, MN) - provider of residential construction loans, financial advisor and sole arranger of $125.0 million senior revolving credit facility
Averatec, Inc. (Santa Ana, CA) - design & distribution of laptop PCs, financial advisory - equity valuation and sole arranger of $125.0 million senior revolving credit facility
Bearpath Golf & Country Club (Eden Prairie, MN) - $8.5 million first mortgage
Beverly Hills S&L (Beverly Hills, CA) - $500 million insured certificates of deposit
BioScrip (Eden Prairie, MN) - distributor of specialty medications, provider of pharmacy benefit management services, and operator of community pharmacies, financial advisory on lender selection
BioSun Systems Corporation (Minneapolis, MN) – agricultural waste treatment services, financial advisory
BMC Industries (St. Paul, MN) - precision etched and optical products, $65 million senior and subordinated notes with warrants
BondPartner.com (Boston, MA) – fixed income securities information, financial advisory
Cascadia Real Estate Group (Seattle, WA) - provider of residential real estate services, financial advisory
Centennial REIT (Des Moines, IA) - commercial property real estate investment trust, $16.9 million common stock
Damark International (Minneapolis, MN) - catalog retail and membership services, $75 million revolving credit facility, $22.5 million senior revolving credit and term loan facility with warrants and $2 million performance contract guarantee
DataCard (Minneapolis, MN) - seller representation
Dicomed Corporation (Minneapolis, MN) - computer output to microfilm and high-resolution film recording equipment, $7 million senior notes
Embassy Suites Inc (various locations) – hotel developer and operator, $155 million limited partnership equity interests
EMC Insurance Group (Des Moines, IA) - property/casualty insurance, $20 million common stock
Endreas Manufacturing (Minneapolis, MN) – animal food supplements, advisory and $10 million senior debt
Energy Center (Minneapolis, MN) - central district heating and cooling utility, $32 million senior acquisition financing
ExpressPoint Technology Services (Golden Valley, MN) - provider of repair services for IT equipment, financial advisory and $10.0 million senior revolving credit and term debt financing
Fairfield Residential (San Diego, CA) - multifamily real estate developer, financial advisory and sole arranger of $62.5 million senior term debt
First Federal Savings (Raleigh, NC) - savings and loan, $25 million insured participating certificates of deposit
First Republic Bancorp (San Francisco, CA) – financial services holding company, $25 million subordinated debt financing
Flow Industries (Kent, WA) - ultra high-pressure fluid technologies, $11.5 million subordinated notes with warrants
Flow-Wind (Pleasanton, CA) - wind energy project development, $32 million first mortgage
Franklin Savings (Austin, TX) - savings and loan, $50 million insured participating certificates of deposit
Galaxy Partners (Lakeville, MN) – imitation cheese, financial advisory
Genmar Holdings (Minneapolis, MN) - maker of sporting goods (boats), sole arranger of $42.0 million mortgage financing and $65.0 million revolving credit facility
Global Beverage Systems Inc (Latrobe, PA) – maker of alternative beverages, $19 million of senior term loans
Grist Mill (Lakeville, MN) - private-label foods, $7 million senior notes
Helix BioCore (Minneapolis, MN) - biomedical products, $4 million common stock with warrants
Hennessey Financial (Little Canada, MN) - provider of real estate development financing, financial advisory
Hutchinson Technology (Hutchinson, MN) - hard disk drive suspension assemblies, $7 million senior notes
Hyundai LCD (Seoul, South Korea) - maker of liquid crystal displays, financial advisor on recapitalization
Investors Savings (Minneapolis, MN) - start-up savings bank, $4 million common stock
Kushner-Locke Company (Los Angeles, CA) – television production, $10 million senior subordinated debt
Le*Nature's, Inc. (Latrobe, PA) - maker of alternative beverages, co-arrangers of $146.5 million master synthetic lease financing and $150.0 million senior credit facilities
Lundgren Bros. Construction Inc. (Minneapolis, MN) – homebuilder, $5 million subordinated debentures
Lyman Lumber Company (Minneapolis, MN) – lumber and building products, $10 million subordinated debt
Mendota Healthcare (Minneapolis, MN) - start-up prescription distribution devices, financial advisory
Metropolitan Federal S&LA (Fargo, ND) - mutual-to-stock savings and loan conversion, $15.6 million common stock
Midwest Life Insurance Company (Minneapolis, MN) - seller representation
Minneapolis Grain Exchange (Minneapolis, MN) - commodity futures exchange, advised on development of electricity futures and options contracts
Mirae Corporation (Seoul, South Korea) - maker of semiconductor manufacturing equipment, financial advisory
Murray RE Group (Atlanta, GA) – multi-family real estate developer, $55 million of limited partnership equity interests
Onyx Acceptance Corporation (Irvine, CA) – financial services, $12 million subordinated debt
Occidental Nebraska FSB (Lincoln, NE) - mutual-to-stock savings and loan conversion, $7.2 million common stock
PAM Oil Co. (Eden Prairie, MN) - distributor of motor oil, lubricants, and auto parts, financial advisor on recapitalization
Resource America Inc. (Philadelphia, PA) – financial services, $20 million senior term debt
Sandia Mortgage (Minneapolis, MN) - residential mortgage servicer, $6 million subordinated notes
Second Act (Edina, MN) - on-line retailer of HDTVs and other consumer electronics, financial advisory and sole arranger of $3.0 million senior revolving credit facility
Shoreline Savings (Seattle, WA) - mutual-to-stock savings and loan conversion, $6 million common stock
Sienna Holdings (Edina, MN) - real estate development, valuation and advisory
Super 8 Hotel Inc (various locations) hotel developer and operator, $55 million of limited partnership equity interests
Taylor Investment Corporation (Minneapolis, MN) – real estate development, $10 million subordinated debt financing
TCF Financial (Minneapolis, MN) - mutual-to-stock savings and loan conversion, common stock
TriGem America & TriGem Texas (Foothill Ranch, CA) - contract maker of desktop PCs, co-arranger of $200 million senior revolving credit facility and term loan
Twin Cities Power, LLC (Lakeville, MN) - agricultural commodities and electric power trading, financial advisory
United Market Services Company (South St. Paul, MN) - livestock marketing and agricultural financial services, $6 million subordinated notes, $12 million revolving credit facility
Voom Technologies (Lakeland, MN) - start-up computer storage device developer, financial advisory