Transactions

Fairness Opinion

3v company

Construction & Engineering

Fairness Opinion

4c holdings

4C Holdings, Inc.

Business Services

Recapitalization

Abt

has been recapitalized. Financing provided by

Jp morgan chase logo. Jpg

Business Services

Consulting Services

Abt

Business Services

Valuation Advisory

Action labor

Business Services

M&A Advisory

Fairness Opinion

Action labor

has been acquired by the Action Labor Employee Stock Ownership Plan

Advisor to the Buyer

Business Services

Valuation Advisory

Ae2s logo

Construction & Engineering

M&A Advisory

Fairness Opinion

Ae2s logo

has been acquired by the AE2S Employee Stock Ownership Plan

Advisor to the Buyer

Construction & Engineering

Consulting Services

Air tractor logo

Industrial

M&A Advisory

Fairness Opinion

All my sons logo

has been acquired by

Ster

Advisor to the Seller

Consumer

Valuation Advisory

Alliance logo

Business Services

M&A Advisory

Fairness Opinion

American health partners e1639155337193

has been acquired by

Mfo e1639157131637

Advisor to the Seller

Healthcare

Valuation Advisory

American polywater logo

Industrial

Valuation Advisory

Amt logo 1

Construction & Engineering

M&A Advisory

Fairness Opinion

Amt logo 1

has been acquired by the A. Morton Thomas and Associates, Inc. Employee Stock Ownership Plan

Advisor to the Buyer

Construction & Engineering

Consulting Services

Andesa logo

Business Services

Valuation Advisory

Aplin

Business Services

Valuation Advisory

Aei logo

Construction & Engineering

ESOP Advisory

Arch telecom logo

has been acquired by the Arch Telecom Employee Stock Ownership Trust

Consumer

Recapitalization

Arch telecom logo

has been recapitalized. Financing provided by

Cbt

Consumer

Valuation Advisory

Bimba logo

Industrial

M&A Advisory

Fairness Opinion

Bimba logo

has been acquired by

Imi e1639167826978

Advisor to the Seller

Industrial

Fairness Opinion

Bolinder resources

Construction & Engineering

ESOP Advisory

Builders bloc logo

has been acquired by the Builder's Bloc Employee Stock Ownership Plan

Construction & Engineering

Valuation Advisory

Butters logo e1639167796954

Construction & Engineering

M&A Advisory

Fairness Opinion

Butters logo e1639167796954

has been acquired by the Butters Employee Stock Ownership Plan

Advisor to the Buyer

Construction & Engineering

Recapitalization

C2

has been recapitalized

Consumer

M&A Advisory

Fairness Opinion

Carr company

has been acquired by the Carr Company Employee Stock Ownership Plan

Advisor to the Buyer

Distribution

Valuation Advisory

Cogent

Industrial

M&A Advisory

Fairness Opinion

Cogent

has been acquired by the Cogent Employee Stock Ownership Plan

Advisor to the Buyer

Industrial

M&A Advisory

Fairness Opinion

Cogent

has acquired

Central sales group

Advisor to the Buyer

Industrial

Consulting Services

Consilink

Business Services

Recapitalization

Dai logo

has been recapitalized. Financing provided by

Mnt e1639157192482

Business Services

ESOP Advisory

Dog tickets

has been acquired by the Day of Game Tickets Employee Stock Ownership Plan

Advisor to the Buyer

Consumer

Consulting Services

Dbd

Business Services

Valuation Advisory

Dsi mainlogo

Industrial

M&A Advisory

Fairness Opinion

Dsi mainlogo

has been acquired by the Design Solutions & Integration Employee Stock Ownership Plan

Advisor to the Buyer

Industrial

Valuation Advisory

Esl logo

Industrial

M&A Advisory

Fairness Opinion

Esl logo

has been acquired by the ESL Power Systems Employee Stock Ownership Plan

Advisor to the Buyer

Industrial

Valuation Advisory

Farmers logo

Business Services

Recapitalization

Fctg logo

has been recapitalized into a partnership through a private placement and a buyback of shares. Financing provided by

Bofa jpm wf

Distribution

Consulting Services

Fctg logo

Distribution

Recapitalization

Fctg logo

has been recapitalized through a private placement and a buyback of shares. Financing provided by

Bofa jpm wf

Distribution

Fairness Opinion

Fctg logo

Distribution

Valuation Advisory

Five star logo

Consumer

M&A Advisory

Fairness Opinion

Five star logo

has been acquired by PureStar, a portfolio company of

Am cap e1639168341604

Advisor to the Seller

Consumer

M&A Advisory

Freedom logo

has been acquired by

Fagron

Advisor to the Seller

Healthcare

Recapitalization

Fairness Opinion

Future care

has been recapitalized. Financing provided by outside capital provider.

Business Services

Valuation Advisory

Gha logo

Construction & Engineering

M&A Advisory

Fairness Opinion

Gha logo

has been acquired by the Gewalt Hamilton Associates, Inc. Employee Stock Ownership Plan

Advisor to the Buyer

Construction & Engineering

M&A Advisory

Griffin gear logo

has been acquired by Renaissance Power Systems, a portfolio company of

Mcc 1

Advisor to the Seller

Industrial

ESOP Advisory

Haberfeld logo

has been acquired by the Haberfeld Associates Employee Stock Ownership Plan

Business Services

Recapitalization

Haberfeld logo

has been recapitalized. Financing provided by

53

Business Services

Recapitalization

Haberfeld logo

has been refinanced by

Logo stacked primary simple lapis

Business Services

M&A Advisory

Fairness Opinion

Haworth logo

has been acquired by

Wpp

Advisor to the Seller

Business Services

Fairness Opinion

Highland new 2 1000x600 1

Construction & Engineering

Valuation Advisory

Howe electric construction inc logo

Howe Electric Construction, Inc.

Construction & Engineering

ESOP Advisory

Image

has been acquired by the Independent Imaging Holdings, Inc. Employee Stock Ownership Plan

Healthcare

M&A Advisory

Fairness Opinion

Finallogoasset16@4x 100

has been acquired by the IQA Solutions Employee Stock Ownership Plan

Advisor to the Buyer

Construction & Engineering

Valuation Advisory

Finallogoasset16@4x 100

Construction & Engineering

Valuation Advisory

Jg management systems

Business Services

ESOP Advisory

Kaa

The Kelly, Anderson & Associates, Inc. Employee Stock Ownership Plan acquired common stock of KAA Federal Solutions

Business Services

Valuation Advisory

Labor solutions

Business Services

M&A Advisory

Fairness Opinion

Labor solutions

has been acquired by the Labor Solutions Employee Stock Ownership Plan

Advisor to the Buyer

Business Services

Valuation Advisory

Laser logo

Industrial

M&A Advisory

Fairness Opinion

Laser logo

has been acquired by the Laser Dynamics Employee Stock Ownership Plan

Advisor to the Buyer

Industrial

M&A Advisory

Lps logo

has been acquired by

Hossley e1639168965349

Advisor to the Seller

Industrial

Valuation Advisory

Lps logo

Industrial

Valuation Advisory

Livingston logo

Industrial

M&A Advisory

Fairness Opinion

Livingston logo

has been acquired by AG Solutions Group, a portfolio company of

Seg logo e1639169440853

Advisor to the Seller

Industrial

Valuation Advisory

Mann lake logo

Consumer

M&A Advisory

Fairness Opinion

Mann lake logo

has been acquired by

Gmp e1639169644828

Advisor to the Seller

Consumer

Recapitalization

Mcbride logo

has been recapitalized into a partnership through a private placement.

Construction & Engineering

Recapitalization

Mcbride logo

has been recapitalized through a private placement and a buyback of ESOP shares. Financing provided by

Tcb e1639408117136

Construction & Engineering

ESOP Advisory

The mclean group logo

has been acquired by The McLean Group Employee Stock Ownership Plan

Business Services

Consulting Services

Trucking transportation logo

Transportation & Logistics

ESOP Advisory

Trucking transportation logo

Sale of 100% of the company to an Employee Stock Ownership Plan

Transportation & Logistics

M&A Advisory

Fairness Opinion

Mhs logo

has been acquired by the MHS Lift Employee Stock Ownership Plan

Advisor to the Buyer

Industrial

Valuation Advisory

Mhs logo

Industrial

ESOP Advisory

Hvac plumbing electrical logo

Sale of 100% of the company to an Employee Stock Ownership Plan

Industrial

Valuation Advisory

Modern air logo

Construction & Engineering

M&A Advisory

Fairness Opinion

Modern air logo

has been acquired by the Modern Air Employee Stock Ownership Plan

Advisor to the Buyer

Construction & Engineering

Recapitalization

Naumann logo

has been recapitalized. Financing provided by

Hci e1639157644517

Distribution

Consulting Services

Neighborhood logo

Healthcare

Valuation Advisory

Np mechanical logo

Construction & Engineering

M&A Advisory

Fairness Opinion

Np mechanical logo

has been acquired by the NP Mechanical Employee Stock Ownership Plan

Advisor to the Buyer

Construction & Engineering

ESOP Advisory

Nsd logo

has been acquired by the NSD Holdings, Inc. Employee Stock Ownership Plan

Business Services

M&A Advisory

Nsd logo

has been acquired through a majority recapitalization by an undisclosed buyer

Advisor to the Seller

Business Services

Fairness Opinion

Nsd logo

Business Services

Valuation Advisory

Omb 1

in the valuation of

Access dental

Healthcare

Valuation Advisory

Osborn drugs logo

Healthcare

Valuation Advisory

Panhandle logo

Industrial

M&A Advisory

Fairness Opinion

Panhandle logo

has been acquired by the Panhandle Implement Company Inc. Employee Stock Ownership Plan

Advisor to the Buyer

Industrial

Valuation Advisory

Pmc logo

Industrial

M&A Advisory

Fairness Opinion

Pmc logo

has been acquired by the Paper Machinery Employee Stock Ownership Plan

Advisor to the Buyer

Industrial

M&A Advisory

Fairness Opinion

Papich

has been acquired by

Granite

Advisor to the Seller

Construction & Engineering

M&A Advisory

Fairness Opinion

Papich

has been acquired by the Papich Construction Employee Stock Ownership Plan

Advisor to the Buyer

Construction & Engineering

ESOP Advisory

Ptl logo

has been acquired by the Paschall Truck Lines, Inc. Employee Stock Ownership Plan

Transportation & Logistics

Consulting Services

Path medical logo

Healthcare

ESOP Advisory

Path medical logo

has been acquired by the Path Medical Center Holdings, Inc. Employee Stock Ownership Plan

Healthcare

Consulting Services

Penlink logo

Business Services

M&A Advisory

Fairness Opinion

Images

sold a minority stake in the company to the PRWT Services, Inc. Employee Stock Ownership Plan

Advisor to the Buyer

Business Services

ESOP Advisory

Quaintance weaver logo

has been acquired by the Quaintance-Weaver Management, LLC Employee Stock Ownership Plan

Consumer

Valuation Advisory

Raydon logo

Industrial

M&A Advisory

Fairness Opinion

Raydon logo

has been acquired by the Raydon Employee Stock Ownership Plan

Advisor to the Buyer

Industrial

M&A Advisory

Raydon logo

has been acquired by Bylight, a portfolio company of

Sage e1639170054715

Advisor to the Seller

Industrial

Valuation Advisory

Respec logo

Construction & Engineering

M&A Advisory

Fairness Opinion

Respec logo

has acquired

Pdc square white

Advisor to the Buyer

Construction & Engineering

Valuation Advisory

Rumsey construction

Construction & Engineering

M&A Advisory

Fairness Opinion

Rumsey construction

has been acquired by the Rumsey Construction Employee Stock Ownership Plan

Advisor to the Buyer

Construction & Engineering

ESOP Advisory

Ruston paving

has been acquired by the Ruston Paving Employee Stock Ownership Plan

Advisor to the Buyer

Construction & Engineering

M&A Advisory

Fairness Opinion

S macdonald

has been acquired by the SMC Contracting Employee Stock Ownership Plan

Advisor to the Buyer

Construction & Engineering

M&A Advisory

Senior housing developer logo 1

Sale of assets to an undisclosed buyer

Advisor to the Seller

Construction & Engineering

Valuation Advisory

Sense corp logo

Business Services

Consulting Services

Showrig 2

Industrial

Fairness Opinion

Sherbanspineinstitutelogo 20210123 xlarge isolated

Healthcare

Valuation Advisory

Sj electro

Industrial

M&A Advisory

Fairness Opinion

Sj electro

has been acquired by

Audax group e1639170412323

Advisor to the Seller

Industrial

ESOP Advisory

Smith transport logo

has been acquired by the Smith Transport Employee Stock Ownership Plan

Transportation & Logistics

Valuation Advisory

Solid it logo

Business Services

M&A Advisory

Fairness Opinion

Solid it logo

has been acquired by the Solid IT Networks Employee Stock Ownership Plan

Advisor to the Buyer

Business Services

Valuation Advisory

Spartan logo

Industrial

M&A Advisory

Specialty medical practice logo

has been acquired by

Pe

Advisor to the Seller

Healthcare

ESOP Advisory

The spinx logo

The Spinx Company, Inc. Employee Stock Ownership Plan has acquired common stock of Spinx Company, Inc.

Advisor to the Buyer

Consumer

Valuation Advisory

Sps

Industrial

Valuation Advisory

Srf logo

Business Services

M&A Advisory

Fairness Opinion

Srf logo

has been acquired by the SRF Employee Stock Ownership Plan

Business Services

M&A Advisory

Fairness Opinion

Sfi 300x101 1

has been acquired by

Tripoint

Advisor to the Seller

Industrial

Valuation Advisory

Taylor guitars

Consumer

M&A Advisory

Fairness Opinion

Taylor guitars

has been acquired by the Taylor Guitars Employee Stock Ownership Plan

Advisor to the Buyer

Consumer

ESOP Advisory

Electrical equipment distributor logo

Sale of 100% of the company to an Employee Stock Ownership Plan

Distribution

Consulting Services

Utility distribution logo

Distribution

ESOP Advisory

Utility distribution logo

Sale of 100% of the company to an Employee Stock Ownership Plan

Distribution

Valuation Advisory

Tecolote logo

Business Services

ESOP Advisory

Fairness Opinion

Tecolote logo

The Tecolote Research Employee Stock Ownership Plan has acquired common stock of Tecolote

Advisor to the Buyer

Business Services

Valuation Advisory

Tmf logo

Industrial

M&A Advisory

Fairness Opinion

Tmf logo

has been acquired by the TMF Employee Stock Ownership Plan

Advisor to the Buyer

Industrial

Consulting Services

Tmi logo

Consumer

M&A Advisory

Tmi logo

has been acquired by

Star

Advisor to the Seller

Consumer

Valuation Advisory

True air mechancal

Industrial

M&A Advisory

Fairness Opinion

True air mechancal

has been acquired by the True Air Mechanical Employee Stock Ownership Plan

Advisor to the Buyer

Industrial

Recapitalization

Vermeer bobcat

has been recapitalized into a partnership through a private placement and a buyback of shares. Financing provided by

Tex frost arm

Distribution

Recapitalization

Vermeer bobcat

has been recapitalized through a private placement and a buyback of shares. Financing provided by

Tex frost arm

Distribution

Consulting Services

Vermeer bobcat

Distribution

Recapitalization

Vermeer bobcat

has been recapitalized through a buyback of shares. Financing provided by

Untitled design 1

Distribution

M&A Advisory

Vsi logo horizontal navy

has been acquired by the management team. Financing provided by

Fvcbank logo

Advisor to the Buyer

Healthcare

Valuation Advisory

Westchester logo

Consumer

M&A Advisory

Fairness Opinion

Westchester logo

has been acquired by the Westchester Publishing Services Employee Stock Ownership Plan

Advisor to the Buyer

Consumer