Our Banking Industry Experience
 We assisted Houston's Merchants Bancshares in identifying and evaluating its strategic alternatives. Once the Board of Directors elected to explore the sale alternative, we managed the process that resulted the Bank's sale for $124 million to Union Planters in Memphis.
 The CEO of Levy Bancorp, founded in 1882, requested our assistance in addressing fundamental strategic issues. The Bank of A. Levy was then the largest independent bank in Ventura County. After the Bank's earnings rebounded, we managed the sale of the Bank to First Interstate Bancorp for $93 million. Levy Bancorp's acquiror was subsequently itself acquired by Wells Fargo which was then acquired by Norwest.
 The Board of Cal Rep Bancorp retained us to assist it with identifying and evaluating its subsidiary Bank's strategic alternatives. California Republic Bank was then the largest bank in Kern County. We subsequently managed the process that resulted in the Bank's sale to First Interstate.
 Our greatest challenge was advising Citizens Trust & Savings Bank of Pasadena, CA. Although founded in 1912 and controlling nearly $800 million of trust assets, the Bank's assets had declined to $125 million when we were asked to assist the Board. Ultimately we found a buyer in Chino Valley Bank which subsequently became Citizens Business Bank.
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Our Other Experience
 We assisted NFI in the evaluation & acquisition of another frozen vegetable processing business that added 40% to gross revenue. We also guided the CFO through the Company's first private placement of term debt with institutional investors.
We recently managed the sale process for P5.ehs, a third party administrator of self-funded health benefit plans.
We advised management and the Board  of Directors when it was challenged to develop a new strategy following the Internet contraction. We identified and evaluated various acquisition, divestiture and consolidation strategies.
 The Board of one of America's best known companies was challenged in its desire to increase sales. We assisted the Company in identifying and evaluating a number of acquisition candidates. We advised the Company through the process of acquiring the Lava Brand from Bloch Drug.
 During the course of our engagement with family-owned HFC, we assisted the shareholders in selling the operating assets to management in addition to restructuring the family holding company's balance sheet.
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