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Newbury Piret Finalist for M&A Advisor 8th Annual M&A Awards

Tue Nov 3, 2009 12:54pm EST
BOSTON, Nov. 3 /PRNewswire/ -- Newbury Piret & Co. is proud to be a finalist
in The M&A Advisor 8th Annual M&A Awards. The event honors deal-teams,
deal-makers, and firms whose activities set the standard for the industry. An
independent body of experts that span the M&A industry will be judging and
determining the ultimate recipients of the award. Winners will then be
announced "Academy-Award style" at a gala on December 14(th), 2009. Newbury
Piret is a finalist in the following three categories:


     Lower Middle Market    Industrial Manufacturing    Retail Manufacturing/
      Deal of the Year        Deal of the Year          Distribution Deal of
    ($50 - $100 million)     (Under $100 million)           the Year
    --------------------   ------------------------    ---------------------


Merger of Boston Rack and Base Manufacturing to form Elite Storage Solutions

Newbury Piret served as exclusive financial advisor to Boston Rack and Base
Manufacturing

"We are honored to again be recognized by The M&A Advisor for our success,"
says Hugh M. Taylor, Managing Director and lead banker for the nominated deal.
"This nomination is important in that it shows that Newbury Piret provides
superior service and creative advice to our clients, no matter the economic
conditions." This marks the 6(th) straight year Newbury Piret has been
nominated. Previous nominations include the Isolation Technologies sale to
IDEX, Inc., Phoenix Recycled Product's sale to Easy Gardner Inc., the sale of
Pioneer Cover-All to Wastequip, Inc., Xaloy's sale to Baird Capital Partners,
and the sale of Bartlett Nuclear to Berkshire Partners & Summit Partners.   

"We are truly astonished and gratified at the volume of nominations for these
awards and the obvious enthusiasm behind them, despite the current state of
the economy and the financial crisis. The response demonstrates the importance
of the middle market industry to the overall health of the economy," says
Roger Aguinaldo, CEO of The M&A Advisor.  

About the M&A Advisor
Since 1998, The M&A Advisor has been the preeminent organization facilitating
connections and recognizing achievement in the top performers of the M&A,
turnaround and financing industries through its leading events and awards
galas, M&A Alerts newsletter, and online community. For more information, go
to www.maadvisor.com.

About Newbury Piret & Company, Inc.
Founded in 1981, Newbury Piret & Company, Inc. is a leading middle market
investment banking firm providing corporate finance services including mergers
and acquisitions, financings, financial advisory, fairness opinions, and
valuations. Headquartered in Boston, Newbury Piret is a FINRA licensed
broker-dealer serving middle-market companies, the private equity community
and business owning families in the United States and internationally. Newbury
Piret provides strategic advice in M&A along with financing capabilities which
support acquisitions, divestitures, growth investments, and recapitalizations.
Newbury Piret is one of New England's top investment banks and a sponsor of
Northeastern University's Center for Family Business. For further information,
please visit www.newburypiret.com or call (617) 367- 7300.


    Contact:  LaVonna Bowen
              Newbury Piret & Company, Inc.
              617-367-7300
              lbowen@newburypiret.com


SOURCE  Newbury Piret & Company, Inc.

LaVonna Bowen, Newbury Piret & Company, Inc., +1-617-367-7300,
lbowen@newburypiret.com



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