DETROIT BUSINESS MAIN CDB qxd by jolinmilioncherie


									January 28, 2008                                                                                    CRAIN’S DETROIT BUSINESS                                                                                                      Page 15

                                                                                                                               Annual                                                                                    Value of
                                                                                                                               revenue                                                                                   transaction
Rank       Acquirer name              Target                       Acquirer advisers             Target advisers               ($000,000)   Date effective   Description                                                 ($000,000)
          Cerberus Capital            Chrysler Group, Auburn       Goldman Sachs; Morgan         Dresdner Kleinwort; J.P.      $62,200.0    August           Bought 80.1% from DaimlerChrysler AG.                       $7,450.0
          Management L.P., New        Hills                        Stanley; Debevoise &          Morgan; Fasken                (2006)                        DaimlerChrysler also agreed to loan $400 million to

          York                                                     Plimpton; Freshfields         Martineau; Hogan &                                          the new company, Chrysler Holding L.L.C.
                                                                   Bruckhaus; Schulte Roth;      Hartson; Shearman &
                                                                   Simpson Thacher; Stearns      Sterling; Skadden Arps
                                                                   & Co.; Citigroup; J.P.
          Carlyle Group, Onex         Allison Transmission unit    Citigroup; Blake, Cassels;    Merrill Lynch; Jenner &       $2,000.0     August           Purchased company serves military and commercial            $5,600.0
   2.     Corp.                       of General Motors Corp.      Kaye Scholer; Latham &
                                                                   Watkins; Mayer Brown;
                                                                                                 Block; Oslery Hoskin                                        customers.

                                                                   Weil Gotshal
          Consortium of Appaloosa     Delphi Corp., Troy                                         Skadden, Arps; FTI            $26,400.0    Pending          Delphi filed for bankruptcy in October 2005 and is          $2,550.0
          Management; Harbinger                                                                  Consulting                                                  hoping to emerge early this year. Deal is subject to
   3.     Capital Partners; Merrill
          Lynch; UBS Securities;
                                                                                                                                                             bankruptcy court approval.
          Goldman Sachs; Pardus
          Capital Management
          Computer Sciences           Covansys Corp.,                                            Credit Suisse; Chesapeake     $500.0       July             Operates as a division of Computer Sciences. Acquired       $1,400.0

          Corp., Segundo, Calif.      Farmington Hills                                           Group; Butzel Long                                          for $34 a share. Covansys founder Raj Vattikuti held
                                                                                                                                                             more than 6.2 million shares, about 16%, of the stock
                                                                                                                                                             at the time of the sale. Stock closed at $26.80 before
                                                                                                                                                             the deal was announced.
          Atlas Energy Resources      DTE Gas & Oil Co.
                                                                   UBS; Baker Botts;             Hunton & Williams; J.P.                    June             Sale of Antrim shale gas properties.                        $1,260.0
          L.L.C., Moon Twp., Pa.                                   Covington & Burling;          Morgan
                                                                   Jones Day
          Valassis Communications     Advo Inc., Windsor,
                                                                   Bear Stearns; Bank of         Citigroup Global Markets      $1,400.0     March            Deal is for $33 per share and $125 million in Advo          $1,200.0
          Inc., Livonia               Conn.                        America                                                                                   debt. Original deal was for $37 per share, but Valassis
                                                                                                                                                             sued to halt the merger before reaching a new deal.
          Asahi Tec Corp.,            Metaldyne Corp.,             Deutsche Bank Securities      Lazard Ltd.; Mizuho           $1,900.0     January 2007     Deal was put together by Tom Stallkamp's Ripplewood         $1,200.0
          Shizuoka, Japan             Plymouth                     Inc.; NikkoCitiGroup Ltd.;    Corporate Advisory Co.        (2005)                        Holdings L.L.C. Investors include RHJ International and
   6.                                                              Citigroup Ltd.; Mizuho
                                                                   Corporate Advisory Co.
                                                                                                 Ltd.                                                        Mitsui & Co. Ltd. Holders of Metaldyne stock received
                                                                                                                                                             $2.18 per share, but used the proceeds to reinvest in
                                                                   Ltd.                                                                                      Asahi Tec. Company was sold by Heartland Industrial
                                                                                                                                                             Partners and Credit Suisse.
          Crestview Partners L.P.,    Key Safety Systems,          Bear Stearns; Davis Polk      Morgan Stanley; Weil          $1,000.0     March            Makes airbags, seatbelts, steering wheels and               $1,000.0
   8.     New York                    Sterling Heights                                           Gotshal                                                     integrated safety systems. Bought from Ewing
                                                                                                                                                             Management; management retained a share of the
          Cerberus Capital            Tower Automotive Corp.
                                                                   Lowenstein Adler              Lazard; Foley & Lardner;      $2,500.0     August           Bought from bankruptcy.                                     $1,000.0
          Management L.P.                                                                        Kirkland & Ellis              (2006)

          Affiliate of Blackstone     RGIS Holdings L.L.C.,
                                                                   Goldman Sachs; Simpson        Cadwalader                    $500.0       March            Bought controlling interest. RGIS is an inventory           $1,000.0
          Group                       Auburn Hills                 Thacher                                                     (2005)                        accounting firm.

          British Consortium led      Aston Martin Lagonda
                                                                   Casesa Shapiro; Jefferies &   UBS; Lovells; Skadden                      May              Bought from Ford Motor Co. Value converted from             $931.0
          by David Richards of        Ltd., United Kingdom         Co.; Clifford Chance          Arp                                                         British pounds.
          Abu Dhabi National          CMS interests in
                                                                   Goldman Sachs; Simons &       J.P. Morgan; UBS;                          May              Includes interests in two power and desalination            $900.0
          Energy Co.                  businesses in the Middle     Simmons                       Skadden Arps                                                projects in the United Arab Emirates and power plants
                                      East, Arica and India                                                                                                  in Morocco, Saudi Arabia, Ghaha and Neyveli, India.
          Cap Rock Holding Inc.,      Semco Energy Inc., Port      Berenson & Co.; Cravath,      BB&T Capital; Credit          $641.0       November         Deal includes assumption of $515 million in debt.           $867.0

          Midland, Texas              Huron                        Swaine & Moore                Suisse; Dewey &                                             Headquarters remains in Port Huron.
                                                                                                 LeBoueuf; Dykema
                                                                                                 Gossett; Troutman
          GE Commercial Finance       50% interest in portfolio    Latham & Watkins              Morgan Stanley; Paul                       First quarter    Includes DTE's interest in 15 ventures in which DTE         $800.0
   14.    Corporate Lending,
          Norwalk, Conn.
                                      of power and industrial
                                      businesses of DTE Energy
                                                                                                 Hastings Janofsky                          2008             operates electric systems for large industrial customers
                                                                                                                                                             throughout the Midwest, including airports in Detroit
                                      Co., Detroit                                                                                                           and Pittsburgh.
          ITC Holdings Corp.          Transmission assets of       Lehman Bros.; Simpson,        Foley & Lardner               $81.3        December         Purchase of transmission system owned by a subsidiary       $783.0
   15.                                Interstate Power and
                                      Light Co., Cedar Rapids,
                                                                   Thacher                                                                                   of Madison, Wis.-based Alliant Energy Corp.
          Investor group led by       Federal-Mogul asbestos                                     Pachulski, Stang, Ziehl,      $6,300.0     December         Plans to buy about 43% equity in a reorganized              $775.0
   16.    Carl Icahn                  claim holders                                              Young Jones & W;
                                                                                                 Wilmington, Del.;
                                                                                                                                                             Federal-Mogul Corp. from asbestos claimants who will
                                                                                                                                                             get stock for their claims. Icahn can buy up to 50.1%.
                                                                                                 Sheldon S. Toll
          Cleveland-Cliffs Inc.       PinnOak Resources                                          Skadden Arps                  $400.0       July             Sold company was portfolio company of Questor               $610.0
   17.                                L.L.C., Canonsburg, Pa.                                                                                                Partners Fund II L.P., Southfield. Mining company
                                                                                                                                                             specializing in high-grade coal. Value includes
                                                                                                                                                             assumption of $160 million in debt.
          Kongsberg Automotive        Global Motion Systems
                                                                   Miller, Canfield; Carnegie    Goldman Sachs; Ballard        $855.0       December         About 150 of Global Motion Systems' 8,000                   $560.0
          Holding ASA, Kongsberg,     business of Teleflex         Group; Gilbert & Tobin;       Spahr Andrews &                                             employees work in Troy and Westland.
          Norway                      Automotive Group, Troy       Lefevre Pelletier             Ingersoll; Eversheds L.L.P.
          Consumers Energy Co.,       Zeeland plant of LS
                                                                   J.P. Morgan; Sidley Austin    Latham & Watkins                           December         946-megawatt natural-gas fired plant.                       $517.0
          Jackson                     Power Group, Zeeland

          MidOcean Partners           Bushnell Performance
                                                                   Kirkland & Ellis              Wachovia; Reed Smith                       August           Acquired firm was a portfolio company of Huron              $500.0
          L.L.P., New York            Optics Inc., Kansas                                                                                                    Capital Partners, Detroit

          Tenedora Nemak,             North American               Blackstone Group              Lazard Freres & Co.           $567.0       March            Sold by Teksid Aluminum; TK's North American                $485.0
          Mexico and Germany          operations of TK                                                                                                       headquarters is in Southfield.
   21.                                Aluminum Ltd., Italy, as
                                      well as interests in South
                                      America, China and
          Platinum Equity L.L.C.      Steering business, Delphi
                                                                                                 Skadden, Arps; FTI            $2,500.0     Pending          Deal includes assumption of $190 million in debt; GM        $447.0
                                      Corp., Troy                                                Consulting                                                  will pay $250 million to Delphi when the sale closes.
                                                                                                                                                             Acquisition is subject to bankruptcy court approval.
          Entergy Corp., New          Palisades Nuclear Plant      Internal                      Concentric Energy             $185.0       April            West Michigan nuclear power plant owned by                  $380.0

          Orleans                     belonging to CMS Energy                                    Advisors                                                    Consumers Power Co., which receives the plant's
                                      Corp., Jackson                                                                                                         electricity. Deal entails $242 million for the plant, $83
                                                                                                                                                             million for nuclear fuel and $55 million in related
          Wind Point Partners,        Harsco GasServ,
                                                                   Reed Smith                    Citigroup; Dewey &            $398.0       December         Acquried company is a technology, service and               $340.0
          Detroit                     Pennsylvania                                               LeBoeuf; Jones Day                                          manufacturing network for gas applications involving
                                                                                                                                                             pressure vessels and precision valves.
          One Equity Partners,        Emissions business of
                                                                   Borden Ladner; De Brauw       Blake, Cassels; Herbert       $3,000.0     May              Sold business employs 7,500 in 19 countries.                $310.0
          New York City               ArvinMeritor Inc.            Blackstone; Morgan Lewis      Smith; Miller Canfield

          Noble International Ltd.,   Tailored Blank Arcelor, a    Foley & Lardner L.P.          DLA Piper US                  $540.0       August           Acquired the laser-welded blanking operations of            $300.0
  26.     Warren                      subsidiary of
                                                                                                                                                             Arcleor Mittal, which emerges with a 40% stake in
                                                                                                                                                             Noble. Deal includes assumption of debt.
                                      Arcelor SA
          Precision Castparts         Cherry Aerospace L.L.C.
                                                                   Stoel Rives                   Citgroup; Paul Hastings                    January 2007     Sold company was unit of Troy-based Acument Global          $300.0
          Corp., Portland, Ore.                                                                                                                              Technologies Inc.

          Credit Suisse Securities    ITC Holdings Corp. stock                                                                              February         Sale of 6.8 million shares of ITC common stock owned        $298.6
  28.     (USA) L.L.C.                owned by International
                                      Transmission Holdings
                                                                                                                                                             by a partnership of original investors in ITC Holdings.

                                                                                                                                                                                                 Continued on Page 16
Page 16                                                                                            CRAIN’S DETROIT BUSINESS                                                                                          January 28, 2008

  Continued from Page 15                                                                                                      Annual                                                                                      Value of
                                                                                                                              revenue                                                                                     transaction
Rank       Acquirer name               Target                        Acquirer advisers           Target advisers              ($000,000)     Date effective   Description                                                 ($000,000)

           Range Resources Corp.,      DTE Energy Co. gas                                        J.P. Morgan                                 January 2008     Sale of portion of Barnett shale gas properties near        $250.0
           Ft. Worth, Texas            properties in Texas                                                                                                    Dallas.

           Cambridge Information       ProQuest Information &        Fried, Frank, Harris,       McDermott, Will &            $245.0         February         CIG's subsidiary CSA, a publisher of abstracts and          $222.0
           Group., Bethesda, Md.       Learning Co. unit of          Shriver & Jacobsen          Emery                                                        indexes, will be merged with ProQuest's Information
  30.                                  ProQuest Co., Ann Arbor                                                                                                and Learning and continue operations in both Ann
                                                                                                                                                              Arbor and Bethesda. The Information and Learning unit
                                                                                                                                                              focuses on databases and other information for higher
                                                                                                                                                              education and libraries.

           CPFL Energia SA, Brazil     CMS Energy Corp.              Citigroup; Tozzini Freire   J.P. Morgan; UBS; Sidley                    June             Sale of holding company that provides electric services     $211.1
                                                                                                 Austin                                                       to customers primarily in Sao Paulo.

           Special Venture Partners    Chassis businesses in         Latham & Watkins            Deutsche Bank; Clifford                     May              Businesses will create a new company called TeDrive.        $202.0
           II L.P.                     Europe and Brazil of                                      Chance
                                       Visteon Corp.

           Wind Point Partners,        Vertellus Specialties Inc.,                                                            $450.0         December         Makes chemicals for pharmaceutical, agricultural and        $200.0
           Detroit                     Indianapolis                                                                                                           personal-products industries. Value is estimated at
                                                                                                                                                              more than $200 million.
           Valeo S.A., France          Climate control business                                                               $450.0         Pending          Includes plant in Plymouth that employs more than           $180.0
  34.                                  of Automotive
                                       Component Holdings, a
                                                                                                                              (2006)                          1,200 people. Agreement dependent on renegotiating
                                                                                                                                                              union contract. Value is estimated at 40% of revenue.
                                       unit of Ford Motor Co.

           Stone Point Capital         Automobile Protection                                     Croft & Bender               $56.0 (est.)   April                                                                        $180.0
           L.L.C.                      Corp. unit of Ford Motor

           Sun Capital Partners        Industrial group of TI                                    Butzel Long                  $345.0         March            Includes Bundy Refrigeration, Walbro Engine                 $172.5
           Inc., Boca Raton, Fla.      Automotive Ltd., Warren                                                                                                Management and Vari-From. Value estimated at 50%
                                                                                                                                                              of sales.
           Insight Equity I L.P.       Atwood Mobile Products        Hunton & Williams           Glass & Associates; Miller                  September        Cash sale.                                                  $160.2
   37.                                 division of Dura
                                       Automotive Systems Inc.,
                                                                                                 Buckfire; Kirkland & Ellis

                                       Rochester Hills

           Macquarie Group,            CIT Systems Leasing,                                                                                  December         Value of deal is $160 million in assumed debt plus an       $160.0
           Australia                   Bloomfield Hills                                                                                                       undisclosed amount of cash. Acquired unit has $700
                                                                                                                                                              million in assets.

           Penske Corp., Detroit       20 Brazilian auto                                                                                     October                                                                      $158.0
                                       dealerships from Grupo

           HOV Services, Pune,         Lason Inc., Troy              Amarchand & Mangaldas;      Banc of America              $150.0         February         Owner Charterhouse Group Inc. bought the company            $148.0
           India                                                     Bryan Cave; Kirkland &      Securities; Proskauer Rose                                   in August 2004 for $30 million.
                                                                     Ellis; Willkie Farr
           Cooper-Standard             Assets of Metzeler            Freshfields Bruckhaus;      Clifford Chance              $400.0         October          Deal includes eight plants in Europe as well as interests   $133.0
   41.     Automotive Inc., Novi       Automotive Profile
                                       Systems, Lindau,
                                                                     White & Case; Deutsche
                                                                                                                                                              in several joint ventures in Asia.

           Lucid Energy L.L.C.,        CMS interests in electric                                 Internal                                    March                                                                        $130.0
           Warren                      generating plants and
  42.                                  natural-gas pipelines in
                                       Argentina and Michigan
                                       natural-gas pipelines and
                                       processing operations.
           International               16 soft-trim plants of        Goldman Sachs; J.P.         Kroll; Lazard; Kirkland &    $615.0         October          Acquired carpet and acoustics business. Employs about       $126.0

           Components Group            Collins & Aikman Corp.        Morgan; Fasken              Ellis; Stikeman Elliott                                      3,900 people. Collins & Aikman is no longer in
           North America Inc.,                                       Martineau; Jones Day;                                                                    business.
           Dearborn                                                  Osler Hoskin; Wachtell
           Digital Media Systems       James Cable L.L.C.,           Internal                    Waller Capital               $46.2          Expected to      Acquired company has 50,000 cable customers in              $125.0
  44.      L.L.C., Missouri
                                       Bloomfield Hills                                                                                      close in first
                                                                                                                                             quarter 2008
                                                                                                                                                              Oklahoma, Texas, Georgia, Louisiana, Colorado,
                                                                                                                                                              Wyoming, Tennessee, Alabama and Florida. Bought
                                                                                                                                                              from Goldentree Asset Management.

           Luxottica Group S.p.A.,     D.O.C Optics Corp.,                                                                    $100.0         February         D.O.C has 100 stores. Sold by Richard and Randal            $120.0
           Milan, Italy                Southfield                                                                             (2006)                          Golden, who will continue to own Selective Eyewear
                                                                                                                                                              Elements stores.

           Champion Enterprises        SRI Homes Inc., Canada        Fasken Martineau            Reynolds Mirth                              December         Largest maker of modular homes in Canada. Operates          $114.0
           Inc., Auburn Hills                                                                                                                                 in British Columbia, Saskatchewan and Alberta

           The Gores Technology        United Road Services          Bingham McCutchen           Houlihan Loukey;             $225.0         November         Acquired company delivers more than 2 million               $110.0
           Group L.L.C., California    Inc., Romulus                                             Proskauer Rose                                               vehicles a year. Bought from Charterhouse Equity.

           Various buyers              41 Michigan Farmer Jack                                                                               Various          20 bought by Kroger; 14 bought by wholesale                 $110.0
                                       stores.                                                                                                                customers of Spartan Stores; seven sold to
           International               Interiors division of Lear                                                             $2,500.0       April            Lear paid $27 million for 25% equity in parent of IAC       $108.0
           Components Group            Corp., Southfield                                                                                                      and warrants for an additional 7%. WL Ross & Co.

           North America Inc.,                                                                                                                                L.L.C. and Franklin Mutual Advisers L.L.C. contributed
           Dearborn                                                                                                                                           $81 million for the remainder of the equity and
                                                                                                                                                              extended a $50 million term loan to IAC. IAC was
                                                                                                                                                              created by Wilbur Ross, who also is principal of WL
                                                                                                                                                              Ross & Co.

           Inteva Products L.L.C.,     Interior and closure                                      Skadden Arps; FTI            $1,300.0       December         Sale consists of interiors operation and closure-systems    $106.0
           an affiliate of Renco       systems business of                                       Consulting                                                   business.
           Group Inc., New York        Delphi Corp., Troy

           Petroleos de Venezuela      CMS majority stake in                                     Squire, Sanders; Horwath                    May              Sale includes CMS' 88% stake in private utility Sistema     $105.5
           S.A.                        Venezuelan electric                                       Venezuela                                                    Electrico de Nueva Esparta C.A. as well as other assets.

           Henry Ford Health           Share in St. Joseph's         Internal                    Internal                     $307.0         July             Bought 50% stake owned by Trinity Health.                   $105.0
           System, Detroit             Healthcare, Clinton Twp.

           Oakmont Acquisition         Brooke Credit Corp.,          Foley & Lardner L.P.        Morgan Joseph; Winston                      July             Acquired company lends money to independent                 $105.0
  52.      Corp., Bloomfield Hills     Overland Park, Kan.                                       & Strawn                                                     insurance agencies and funeral-home owners. $30
                                                                                                                                                              million may be added to purchase price if Brooke
                                                                                                                                                              achieves financial goals in 2007 and 2008.

           Wind Point Partners,        Santa Maria Foods Corp.,                                                                              January 2007     Makes Italian-style deli meats.                             $100.0
           Detroit                     Toronto

           Transportation Resource     MasterCraft Boat Co.,         Goodwin Proctor; Crowe      Lazard; Skadden Arps                        October          Bought in conjunction with Boston-based Charlesbank         $100.0
           Partners L.P., Bloomfield   Tennessee                     Chizek                                                                                   Capital Partners L.L.C. TRP is controlled by Roger
           Hills                                                                                                                                              Penske. Value is estimated.

           Wind Point Partners,        RailWorks Corp., New                                                                   $340.0         May              Provides transit system construction services. Value is     $100.0
           Detroit                     York                                                                                                                   estimated at more than $100 million.

           Code Hennessy &             American Laser Centers,                                   William Blair                $103.2         December         Company, which does laser hair removal and skin             $100.0
           Simmons L.L.C., The         Farmington Hills                                                                       (2006)                          rejuvenation, was No. 1 on Crain's 2007
  54.      Edgewater Funds,
                                                                                                                                                              fastest-growing list. Deal value is in excess of $100
                                                                                                                                                              million, but a reliable estimate beyond that could not
                                                                                                                                                              be obtained.
           Belfor Holdings Inc.,       25% share of Belfor           Jaffe Raitt; J.P. Morgan;                                               December         Bought from Haniel Group, Germany. Buyer,                   $100.0

           Birmingham                  International GmbH            PricewaterhouseCoopers                                                                   composed of company management, paid $300
                                                                                                                                                              million for 75% of Belfor in 2006. Value of 2007
                                                                                                                                                              transaction is estimated based on one-third of that

                                                                                                                                                                                                       Continued on Page 19
January 28, 2008                                                                                    CRAIN’S DETROIT BUSINESS                                                                                                     Page 19

  Continued from Page 16                                                                                                      Annual                                                                                     Value of
                                                                                                                              revenue                                                                                    transaction
Rank       Acquirer name                Target                      Acquirer advisers            Target advisers              ($000,000)      Date effective   Description                                               ($000,000)

           JHP Pharmaceuticals          Rochester manufacturing     Morgan Stanley; Blank        Covington & Burling;         $14.0           October          Includes the plant, legacy products made there and        $93.0
           L.L.C., New Jersey           plant of King               Rome; Richards Kibbe         Hogan & Hartson                                               contract manufacturing business.
                                        Pharmaceuticals Inc.

  60.      Macrovision Corp.,
                                        All Media Guide L.L.C.,
                                        Ann Arbor
                                                                    Heller Ehrman                Internal                                     December         AMG owns content recognition software to recognize
                                                                                                                                                               songs and videos on the Internet.

           Strength Capital Partners    PM Construction and         Jaffe Raitt Heuer; Virchow   Rothschild; Jones Day;       $60.0           July             Acquired company does trenchless sewer pipe               $80.5
           L.L.C., Birmingham           Rehabilitation, rePipe      Krause                       Mir, Fox & Rodriguez                                          rehabilitation.
                                        Construction, Houston

  62.      Kohlberg & Co. L.L.C.,
           New York
                                        Trico Products Inc.,
                                        Rochester Hills
                                                                                                                              $274.0          June             Makes windshield wiper products. Bought from
                                                                                                                                                               Tomkins plc.

           Empresa Nacional de          GasAtacama natural-gas      Philippi, Yrarrazaval        J.P. Morgan; Sidley Austin                   August           Sold 50% interest in natural-gas pipeline and power       $80.0
           Electricidad S.A.,           pipeline of CMS Energy                                                                                                 plant.
           Santiago, Chile              Corp., Jackson

           Interpump Group S.p.A,       NLB Corp., Wixom            Latham & Watkins, L.L.P.     Finkel Whitefield Selik      $56.0           February         Acquired company rents and sells high-pressure water      $80.0
           S. Ilario d'Enza, (Milan)                                                             P.C.; P&M Corporate                                           pumps and jets.
           Italy                                                                                 Finance

  65.      Cenveo Inc., Stamford,
                                        Printegra Corp.,
                                        Peachtree City, Ga.
                                                                    Hughes Hubbard               Honigman Miller              $85.0           February         Portfolio company of Huron Capital Partners.
                                                                                                                                                               Manufacturer of business communication documents.

           Strength Capital Partners    Smith Mountain              Jaffe Raitt Heuer; Virchow   Cobblestone Advisors;        $45.0           September        Purchased company makes candles and other scented         $76.0
           L.L.C., Birmingham           Industries Inc., Forest,    Krause                       Kirkland & Ellis; Brown,                                      products sold through retailers including Hallmark and
                                        Va.                                                      Edwards                                                       Bed, Bath & Beyond.
           Dearborn Bancorp Inc.,       Fidelity Financial Corp.    Dickinson Wright;            Jaffe Raitt Heuer; Hovde                     January 2007     Acquirer sold 2.7 million shares of stock at up to        $70.0
  67.      Dearborn                     of Michigan, Birmingham     Oppenheimer; Crowe
                                                                                                 Financial; Plante &
                                                                                                                                                               $24.85 per share to fund the purchase. Fidelity has
                                                                                                                                                               assets of $250 million and seven branches in Oakland

  68.      Ceradyne Inc., Costa
           Mesa, Calif.
                                        EaglePicher Boron L.L.C.,
                                                                                                                                              September        Sold company was division of Inkster-based
                                                                                                                                                               EaglePicher Corp. Produces enriched boron isotopes.

  69.      Umicore Group, Belgium       Catalyst business of
                                        Delphi Corp.
                                                                                                 Skadden Arps; FTI
                                                                                                                                              October          Bought original equipment and aftermarket catalyst

  70.      Linamar Corp., Canada        ACH Converca I Plant,
                                                                                                                                              September        Bought from Ford Motor Co.                                $64.0

           Funds managed by Ecofin      ITC Holdings Corp. stock                                                                              February         Sale of 1.3 million shares of common stock owned by       $58.2
   71.     Ltd., London                 owned by International
                                        Transmission Holdings
                                                                                                                                                               a partnership of original investors in ITC Holdings.


           Brembo North America,        Brake business of Hayes                                  Donnelly Penman &            $120.0          December         Nearly doubles North American business of acquirer.       $58.0
           Costa Mesa, Calif.           Lemmerz International                                    Partners                                                      Employs 250; has plants in Homer, Mich., and
                                        Inc., Northville                                                                                                       Apodaca, Mexico. Makes brake rotors and drums.

   73.     Kaydon Corp., Ann
                                        Avon Bearings Corp.,
                                                                                                                                              November         Purchased company makes and designs bearings.             $55.0

           Empresa Nacional de          Hidroelectrica el Chocon                                 Internal                                     March            Seller was CMS Energy Corp., Jackson. Bought 17.2         $50.0
           Electricidad S.A.,           SA, Argentina                                                                                                          percent stake in hydroelectric generating business.
           Santiago, Chile

   74.     Daifuku Co. Ltd., Osaka,
                                        Jervis B. Webb,
                                        Farmington Hills
                                                                                                                              $220.0          December         Purchase price reported by BusinessWeek.                  $50.0

   74.     William Beaumont
           Hospitals, Royal Oak
                                        Bon Secours, Grosse
                                                                    Butzel Long; Goldman
                                                                    Sachs; Accenture
                                                                                                 UBS; Drinker Biddle
                                                                                                                              $2,400.0        October          Purchase price is estimated to be in excess of $50

           Knox Lawrence                Mid-West Conveyor Co.,      Seneca Partners; Plante &    Osler, Harkins               $100.0          November         Acquired company makes and installs conveyor              $50.0

           International L.L.C., New    Dearborn                    Moran; Greenberg Traurig                                                                   systems. Value is estimated. Bought from Tomkins plc.
           York; Falcon Investment                                  L.L.P.
           Advisors L.L.C., Boston
           and New York

           NSF International, Ann       Checkmate International     Seneca Partners;             Soditic Ltd.; Osborne                        August           Acquired company does food safety assurance in the        $44.0
           Arbor                        plc, London                 Honigman Miller;             Clark                                                         United Kingdom.
                                                                    Nabarro; Grant Thornton

           TechTeam Global Inc.         NewVectors L.L.C. unit      Butzel Long                  Houlihan Loukey              $34.0 (est.)    May              Acquired company makes modeling, simulation and           $43.0
                                        of Altarum Institute, Ann                                                                                              supply chain software.
           Guardlink Industries,        Burtek Inc., Chesterfield   Wolf, Block, Schorr          Stebb & Associates;          $70.0           March            Acquired company models and modifies vehicles for         $42.0
  80.      unit of Rabintex
           Industries Ltd., Harzilya,
                                        Township                                                 Butzel Long                                                   the U.S. military and its contractors. Deal value could
                                                                                                                                                               rise to $50 million if certain conditions are met
           Israel                                                                                                                                              following the sale.

  81.      NorthPointe Holdings
           Corp., Southfield
                                        Capital City Holdings
                                        Co. Inc., South Carolina
                                                                    Internal                     Philo Smith & Co.            $70.0 (gross
                                                                                                                                              July             Deal is $17 million in cash and $24 million in
                                                                                                                                                               short-term debt.

           Employees of                 65% of company owned        Internal                     Merrill Lynch                                September        Company now entirely owned by employees. Value is         $40.0
           Northpointe Capital,         by Nationwide Mutual                                                                                                   estimated.
           Troy                         Insurance Co., Columbus
           Affiliate of Tenaska         50% interest in             Latham & Watkins             Lehman Bros.                                 October          328-megawatt natural-gas-fired power plant owned          $37.0
  83.      Energy Inc., Omaha,
                                        Chicago-area power
                                        plant of DTE Energy
                                                                                                                                                               50% by DTE and 50% by Boston-based ArcLight
                                                                                                                                                               Capital Partners L.L.C., which also sold its interest.
                                        Services Inc., Ann Arbor

  83.      Compuware Corp.,
                                        Proxima Technology
                                        Group Inc., Denver
                                                                    Dykema Gossett               Hogan & Hartson;
                                                                                                 Updata Capital
                                                                                                                                              January 2007     Acquired company makes software that helps prioritize
                                                                                                                                                               and improve service delivery by IT organizations.

           Strength Capital Partners    DeBusk Industrial           Jaffe Raitt Heuer; Virchow   Statesman Business           $30.0           March            Acquired company does industrial cleaning and             $36.5
           L.L.C., Birmingham           Services Co., Houston       Krause                       Advisors; Johnson                                             maintenance for the oil industry
                                                                                                 Deluca; Gainer, Donnelly
           Diversified Machine Inc.,    Plants belonging to                                                                                   February         Plants were in Bristol, Ind., and Montague, Mich.         $32.0
  86.      Howell                       Hayes Lemmerz
                                        International Inc.,

           Wynnchurch Partners          GDX Automotive,             Foley & Lardner L.P.         Schulte Roth                 $335.0 (est.)   December         Bought from Cerberus. Will be combined with               $28.0
                                        Farmington Hills                                                                                                       Metzeler Automotive into a company called Henniges
                                                                                                                                                               Automotive. Value is estimated.

  88.      Huron Capital Partners
           L.L.C., Detroit
                                        Olon Industries,
                                        Georgetown, Ontario
                                                                    Honigman Miller; Crowe
                                                                                                 Borden Ladner                $50.0           June             Woodworking products for furniture and
                                                                                                                                                               cabinet-making industries.Value is estimated.

  89.      Arcadia Resources Inc.       PrairieStone Pharmacy
                                        L.L.C., Minneapolis
                                                                    Kerr, Russell & Weber        Frederikson & Byron          $39.3           February                                                                   $24.0

           Indianapolis Power &         DTE Energy Co.                                           Internal                                     July             Sale of 80-megawatt combustion turbine generator          $23.0
           Light Co.                    Indianapolis                                                                                                           owned by Ann Arbor-based DTE Energy Services Inc.
                                        power-generating unit.
           Risk Capital Partners,       United Kingdom and                                                                                    September        Deal could grow to $40 million depending on future        $20.0
   91.     London                       Ireland subsidiaries of
                                        Borders Group Inc., Ann
                                                                                                                                                               performance of purchased operations.

           BlackEagle Partners          Rockford Products,          Honigman Miller; Doeren      Dewey & LeBoeuf;                             November         Acquired company makes chassis and suspensions.           $20.0
           L.L.C., Bloomfield Hills     Rockford, Ill.              Mayhew                       Silverman Consulting                                          Acquired from an employee stock ownership plan after
                                                                                                                                                               company filed for bankruptcy. Value is estimated.
           Wind Point Partners,         Citadel Plastics,                                                                                     March            Acquired company makes thermoplastic resins for           $20.0
   91.     Detroit                      Philadelphia                                                                                                           power tools, lawn and garden supplies, and the
                                                                                                                                                               automotive, electronic and construction markets.
                                                                                                                                                               Value is estimated at $20 million plus.
           Ruth's Chris Restaurants     Three Detroit-area                                                                                    Pending          Restaurants are part of a 21-restaurant acquisition       $18.0
  94.                                   Mitchell's Fish Markets
                                        and one Cameron's
                                                                                                                                                               valued at $94 million. Value of local acquisitions is

                                                                                                                                                                                                   Continued on Page 20
Page 20                                                                                          CRAIN’S DETROIT BUSINESS                                                                                   January 28, 2008

  Continued from Page 19                                                                                                   Annual                                                                                    Value of
                                                                                                                           revenue                                                                                   transaction
Rank           Acquirer name              Target                      Acquirer advisers          Target advisers           ($000,000)     Date effective   Description                                               ($000,000)
              Market Strategies Inc.,     Doxus, Portland, Ore.;
                                                                      VSS; Hooper Hathaway;                                $13.0          June             Provides market research to technology                    $17.5
              Livonia                     and Atlanta                 Plante & Moran; Wells                                                                companies.Value of the deal is estimated.
                                                                      Fargo; Merrill Lynch

              Market Strategies Inc.,     Flake-Wilkerson, Little     VSS; Hooper Hathaway;                                $23.0          October          Provides market research primarily to                     $17.5
              Livonia                     Rock                        Plante & Moran; Wells                                                                telecommunications companies. Value of the deal is
                                                                      Fargo; Merrill Lynch                                                                 estimated.
              International               Assets of Collins &         Goldman Sachs Group;       Kirkland & Ellis L.L.P.   $300.0         November         Bought 430,000-square-foot plant in Hermosillo built      $17.0
   97.        Components Group
              North America Inc.,
                                          Aikman Corp., Southfield    Jones Day                                                                            in 2004 to serve Ford. Collins & Aikman is no longer in
                                                                                                                                                           business. Deal value does not include undefined
              Dearborn                                                                                                                                     assumed liabilities.

              AeroCare Holdings Inc.,     Durable medical                                        Kerr, Russell & Weber     $9.5           September        Deal includes $9.5 million in case and $7 million in      $16.5
                                          equipment division of                                                                                            assumption of debt.
                                          Arcadia Resources Inc.

              BlackEagle Partners         Commercial Capital          Dickinson Wright                                                    December         Bought from Milestone Capital Partners.                   $16.0
              L.L.C., Bloomfield Hills    Lending L.L.C., Baton
                                          Rouge, La.

              American Capital            Unit of North Pointe        Internal                   Internal                  $20.0 (gross   January 2008     Sold Home Pointe Insurance Co., Florida.                  $15.7
              Assurance Corp., Florida    Holdings Corp.,                                                                  premiums)

              Robert Bosch L.L.C.         Brake components                                       Skadden Arps; FTI                        September                                                                  $15.0
                                          business of Delphi Corp.,                              Consulting

              Caparo Group, London        Voestalpine Polynorm        Clayton Capital Partners   Plante & Moran            $60.0          October          Bought from Linz, Austria-based Voestalpine AG.           $15.0
                                          Inc., Novi                                                                                                       Buyer plans to use the company as a means to expand
                                                                                                                                                           in North America. Value is estimated.

              Ashmore Energy              CMS Energy Corp.'s 42%                                 J.P. Morgan                              October          Sales includes CMS subsidiaires' 42% interest in the      $14.0
              International, Houston      interest in a Jamaican                                                                                           diesel-fueled power plant.
                                          power plant
              Eaton Corp., Cleveland      Fuel components                                                                  $28.0 (2006)   May              Employs 100. Value is estimated at 50% of sales.          $14.0
  103.                                    division, Saturn
                                          Electronics &
                                          Engineering Inc.
              TriMas Corp., Bloomfield    DEW Technologies Inc.,                                 W.Y. Campbell & Co.                      3rd quarter      Value is the total of the two transactions. Quest was     $13.5

              Hills                       Ohio; assets and product                                                                                         purchased by Cequent, a TriMas company.
                                          lines of Quest
                                          Technologies L.L.C.,
                                          Elkhart, Ind.
              Southern Home Care          Kelly Home Care             Internal                   Butzel Long; SunTrust     $59.0          March            Bought from Kelly Services Inc.                           $12.5
  106.        Services Inc., unit of
              ResCare Inc., Louisville,
                                          Services Inc., Troy                                    Robinson Humphrey

                                                                                                                                                                                                   Continued on Page 21

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January 28, 2008                                                                                           CRAIN’S DETROIT BUSINESS                                                                                                             Page 21

  Continued from Page 20                                                                                                                   Annual                                                                                               Value of
                                                                                                                                           revenue                                                                                              transaction
Rank           Acquirer name                  Target                        Acquirer advisers               Target advisers                ($000,000)        Date effective      Description                                                    ($000,000)
               Harco Manufacturing           Brake hose business of                                         Skadden Arps; FTI                                January 2007                                                                       $10.0
  107.         Group L.L.C.                  Delphi Corp., Troy                                             Consulting

               Huron Capital Partners        Stair Parts Inc., Georgia      Honigman Miller                 Nyemaster, Goode                                 May                Acquired company makes custom staircase                         $10.0
  107.         L.L.C., Detroit                                                                                                                                                  components. Value is estimated.

               Long Point Capital, Royal     BowTech, Eugene, Ore.          Internal                        R. B. Gold & Associates;       $30.4 (2006)      October            Purchased company is among the world's largest                  $10.0
  107.         Oak                                                                                          Ropes & Gray; Wolf &
                                                                                                                                                                                makers of compound bows, crossbows and archery
                                                                                                                                                                                products. Value is estimated at over $10 million.

               Huron Capital Partners        Trans-Metro Express            Honigman Miller                                                $10.0             April              Provides transportation to the disabled. Value is               $10.0
  107.         L.L.C., Detroit               Inc., San Francisco                                                                                                                estimated.

               Huron Capital Partners        United Coatings                Honigman Miller; Crowe          Witherspoon, Kelley            $20.0             April              Makes industrial roof coatings. Value is estimated.             $10.0
  107.         L.L.C., Detroit               Manufacturing Co.,
                                             Spokane, Wash.

               Huron Capital Partners        TouchPoint Print               Honigman Miller; Crowe          Quarles & Brady                $20.0             July               Provides document process outsourcing. Value is                 $10.0
  107.         L.L.C., Detroit               Solutions Corp., Chicago       Chizek                                                                                              estimated.

               Huron Capital Partners        CoakleyTech L.L.C.,            Honigman Miller; Crowe          Quarles & Brady                $20.0             July               Provides document process outsourcing. Value is                 $10.0
  107.         L.L.C., Detroit               Milwaukee                      Chizek                                                                                              estimated.

               Huron Capital Partners        HydroStop, Charleston,         Honigman Miller; Crowe          Grant & Kuyk                   $10.0             November           Makes protective coatings. Value is estimated.                  $10.0
  107.         L.L.C., Detroit               S.C.                           Chizek

               Huron Capital Partners        NSO Presss Inc., Denver        Honigman Miller; Crowe          Campbell, Bohn                 $10.0             December           Commercial printing services. Value is estimated.               $10.0
  107.         L.L.C., Detroit                                              Chizek

               Huron Capital Partners        Michigan Orthopedic            Dickinson Wright; Plante        Jaffe Raitt                    $10.0             December           Makes orthotic and prosthetic devices. Value is                 $10.0
  107.         L.L.C., Detroit               Services, Livonia              & Moran; Foley & Lardner;
                                                                            Day Berry

               Huron Capital Partners        Shuttle Services               Honigman Miller; Plante &       Akerman Senterfitt             $20.0             December           Provides passenger transportation services. Value is            $10.0
  107.         L.L.C., Detroit               Southeast U.S.                 Moran                                                                                               estimated.

               Huron Capital Partners        Paratransit Services           Honigman Miller; Plante &       Akerman Senterfitt             $20.0             December           Provides passenger transportation services. Value is            $10.0
  107.         L.L.C., Detroit               Southeast U.S.                 Moran                                                                                               estimated.

               NSF International, Ann        David Begg Associates          Seneca Partners;                Walker Morris                                    September          Acquired company does pharmaceutical quality                    $10.0
  107.         Arbor                         Ltd., England                  Honigman Miller; Nabarro                                                                            management, regulatory compliance and training.
                                                                                                                                                                                Value is estimated.

   Source: Company submissions, Crain’s research, Bloomberg News. Some info also provided by Mergemarket, and M&A intelligence and research service. Many transactions had multiple sources of information. In some cases, more than
   one estimated value of transaction exists. In those cases, Crain’s has chosen the value it believes to be the most accurate. The list does not include all 2007 transactions, but is believed to be the most comprehensive available. Only
   transactions valued at $10 million or more are included.

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