| March
2005 – Exelon Enterprises announces closing of divestitures
of three venture fund limited partnership interests.
Loughlin Meghji
+ Company is pleased to announce the closing of the divestitures
of three venture fund limited partnership interests from Exelon
Enterprises, the non-regulated subsidiary of Chicago-based Exelon
Corporation, one of the leading U.S. wholesale power generators
and marketers.
Exelon hired
Loughlin Meghji + Company's Mergers + Acquisitions Group to maximize
the value of its partnership assets. "LM+Co has a reputation
for getting results in special situations and they proved it in
these transactions. They were aggressive in getting things
closed and they provided good industry advice and solid project
management." said Ron Rooth, CFO of Exelon Enterprises.
Senior Managing Director Jeffrey
A. Jones, who led the sale for LM+Co, noted, "The Exelon Enterprises
limited partnership sales are great examples of the kinds of
special situations at which LM+Co excels.
The challenge here was to first interest as many secondary market
buyers as possible and then match the attributes of the interested
funds with the needs of the general partners – not an easy
task."
Loughlin Meghji + Company, a New York based financial
advisory boutique, provides a focused range of services, including
mergers + acquisitions, financial and operational restructuring, and
interim management. The Firm has advised companies, lenders
and investors in some of the nation's largest and most complex restructurings.
LM+Co has also served as financial advisor on middle market
merger transactions in a variety of industries, both domestically
and offshore. The Firm has approximately 25 professionals,
with offices in New York and Cleveland. For more information,
contact Jeff Jones at 216-589-9301 or visit the Loughlin Meghji +
Company website at: www.lmco-ny.com
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