Investment Banking Services

Tangible Results. Optimal Outcome. Unequaled Vision.

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“We are leaders in developing and executing investment banking solutions.”

Raising Capital — Raising Prospects

Whether your needs involve capital raising, financial restructuring and recapitalizations,

mergers and acquisitions advisory services or general corporate finance advisory

services, CM&D Capital Advisors LLC (CM&D Capital) delivers superior results. As the

investment banking affiliate of CM&D, CM&D Capital specializes in investment banking

services for both performing and under-performing middle market companies.

The CM&D Capital ApproachEvaluatE

We start by evaluating company and market-specific risks and opportunities, quickly assessing

your situation.

Plan

Next we identify the appropriate strategic alternatives that will support your short-term and

long-term goals. We develop and implement near-term strategies in cases where the focus is

on addressing immediate issues such as liquidity and cash flow requirements. In all cases, we

structure and execute strategies that promote maximization of value and/or revitalization of

the business leading to new growth opportunities.

EXECutE

Finally, we put the plan into action, bringing together the right professionals to achieve a

successful outcome for your business.

Maximize Your Value, With Services Including:CaPital Raising

We’re a trusted financial advisor with deep market knowledge and investor relationships.

While we’ve developed, negotiated and closed complex financings for both performing and

under-performing businesses, both large and small, each company is unique. That’s why we

work closely with you to develop and execute creative financing alternatives tailored to your

specific operational and capital requirements.

CM&D CAPITAL ADVISORS LLC

CM&D Capital aDvisors llC

iiiNaMe of seCtioN

value

• Capital Raising

•AlternativeCapital

•MezzanineFinancing

•PrivateEquity

•SeniorBankDebt

•SeniorInstitutionalDebt

• Sell-Side Advisory

•PerformingorUnder-

performing Companies

•DistressedSales,Including

Section363Transactions

•DivestituresofPerforming

orUnder-performingAssets/

Divisions

•DomesticandForeign

Operations

• Buy-Side Advisory

•Performingand

Under-performingTargets

•DomesticandForeign

Operations

• Recapitalization and

Restructurings

•Out-of-Court

•Chapter11Proceedings

•WithinExistingConstituent

Groups and/or New Capital

Sponsors

Leaders in developing and executing capital solutions that maximize the value of your enterprise.

has been acquired by

Senior Secured DebtJunior Secured Debt

Recapitalization and Restructuring of the above Debt Securities

CM&D Capital Advisors LLC acted as investment banker to Formed Fiber Technologies, a portfolio

companyofMorgenthalerPartners,inthistransaction.

has been acquired by

CM&D Capital Advisors LLC served as investment bankertoResolveStaffing,Inc.,inthistransaction.

CM&D Capital Advisors LLC acted as investment banker to Durakon Industries, Inc., a portfolio company

of Littlejohn & Co, LLC, in the above transaction.

CM&D Capital Advisors LLC served as investmentbankertoTheSabinRobbinsPaper

Company in this transaction.

2007 Transaction of the Year Award — Turnaround Management Association, Chicago Chapter

CM&D Capital Advisors LLC served as investment banker to KL Industries, Inc. in this transaction.

2006 Transaction of the Year Award — Turnaround Management Association, Detroit Chapter

CM&D Capital Advisors LLC served as investment banker to Hastings Manufacturing

Company in this transaction.

has been acquired by

2008 Transaction of the Year Award — Turnaround Management Association, Detroit Chapter

CM&D Capital Advisors LLC served as investment bankertoPendaCorporationinthistransaction.

has been acquired by

has agreed to merge with

$11,250,000 Senior Secured Revolving Credit and Term Loan Facilities

CM&D Capital Advisors LLC served as investment banker to Casting Technology Company, a

wholly owned portfolio company of Monomoy CapitalPartners,L.P.,inthistransaction.

$4,915,000 Senior Secured Credit Facility$2,300,000 Subordinated Debt

CM&D Capital Advisors LLC served as investment banker to Craft Cast Company, Inc., a whollyownedportfoliocompanyofReliantEquity

Investors in this transaction.

$285,000,000 Recapitalization$80 Million Revolving Credit Facility$100MillionFirstLienTermLoan$35MillionSyntheticL/CFacility

$70MillionSecondLienTermLoan

CM&D Capital Advisors LLC served as investment banker to Intermet Corporation in this transaction.

CM&D Capital Advisors LLC served as investmentbankertoManufacturersProducts

Company in this transaction.

has been acquired by

CM&D Capital Advisors LLC acted as investment banker to the Court-Appointed

Receiver in this transaction.

has been recapitalized through aShareRepurchasetransaction

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has been acquired byBlackbird Capital Partners

TheEastDivisionof

CM&D Capital aDvisors llC

RECaPitalization and REstRuCtuRing

CM&D Capital implements strategic alternatives, from complex debt restructurings and

placements of senior and junior securities to divestitures and asset sales. CM&D Capital:

•Analyzestheoperations,financialcondition,liquidity,long-termbusinessplan

and related debt capacity

•Evaluatesvariouscapitalstructuresandalternativestoimproveliquiditywhile

supporting long-term growth and plan implementation

•Developsstrategiesforasuccessfulfinancialrestructuring

•Negotiateswithvariousstakeholdersandotherconstituentstorestructureexisting

debt, equity and other corporate liabilities

•ArrangesDIPfinancing,exitfinancingandothercapitalraisingsolutions

•Executestransactionsinthecontextofout-of-courtrestructuringsorinformal

bankruptcy proceedings

MERgERs and aCquisitions advisoRy

Our full range of mergers and acquisitions advisory services includes buy-side and sell-side

expertise. We’ll work with you from the early stages of strategic planning through the closing and

post-closing time period of a transaction. Our in-depth relationships with key financial buyers and

industry participants facilitate successful transactions that result in maximum enterprise value.

CM&D Capital takes a strategic, thorough and results-focused approach to each transaction.

Whether buying or selling performing or under-performing companies, we frequently team

with CM&D to “pre-address” sell-side diligence issues and perform in-depth operational due

diligence on buy-side engagements.

Our sell-side role typically includes:

•Analysisofbusinessandreviewofstrategicalternatives

•Developmentofsalestrategy

•Identificationandanalysisofoptimaldealstructure

•Sell-sideduediligence

•Positioningandpreparationofmarketingmaterials

•Definitionandcontactofbuyeruniverse

•Solicitationofbids

•Negotiationofproposalsandcontracts

•Post-closingandintegrationanalysis

Our buy-side role typically includes:

•Analysisofbusinessandreviewofstrategicalternatives

•Developmentofbuy-sidestrategy,includingtargetidentification,

approach and negotiating tactics

•Targetfinancialanalysisandvaluation

•Operationalduediligence

•Transaction-relatedcapitalraising

CM&D Capital professionals have executed over $8 billion in capital raising,

restructuring and mergers and acquisitions transactions.

5CM&D Capital aDvisors llC

CM&D Capital: Named One of the Nation’s “Outstanding Investment Bankers” by Turnarounds & Workouts

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Officesatlanta7000CentralParkway,NE,Suite1325,Atlanta,GA30328•770-394-9905

ChiCago303WestMadisonAvenue,Suite1600,Chicago,IL60606•312-220-0135

dallas3210MapleAvenue,Suite400,Dallas,TX75201•214-800-2375

dayton109NorthMainStreet,500PerformancePlace,Dayton,OH45402•937-222-7317

dEtRoit – CoRPoRatE hEadquaRtERs401SouthOldWoodwardAvenue,Suite340,Birmingham,MI48009•248-433-3694

FRanKFuRt (BRyan, taPPy and tillEy, llP)

houston1301McKinney,Suite2025,Houston,TX77010•713-650-0500

london (BRyan, taPPy and tillEy, llP)271RegentStreet,W1B2ES,London,UK•+442031784902

nEw yoRK1270AvenueoftheAmericas,Suite2340,NewYork,NY10020•212-586-2200

shanghaiShanghaiTimesSquare,93HuaihaiZhongRoad,Suite1901,Shanghai200021•8621-6141-5350

Callourheadquartersat248-433-3694or visit www.cmdcapitaladvisors.com

CM&D Capital aDvisors llC