Results. Period  
 
 

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