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

November 3, 2009

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.