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RSM EquiCo Advises H.D. Griffin Construction Company, Inc. on its Recapitalization by an Affiliate of The Boss Group

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COSTA MESA, Calif., May 31, 2005 (PRIMEZONE) -- H.D. Griffin Construction Company, Inc. has been recapitalized by an affiliate of the Boss Group. Transaction terms were not disclosed.

RSM EquiCo Capital Markets initiated the transaction, led the negotiations and acted as the exclusive financial advisor to H.D. Griffin Construction Company.

"This acquisition will allow the Boss Company to bolster its growth as well as function as the base upon which the firm intends to leverage additional similar acquisitions," said Mike Sims, vice president for RSM EquiCo Capital Markets. "The previous owners will stay on in key management and consulting positions."

About RSM EquiCo, Inc.

RSM EquiCo is a global investment bank serving private middle-market companies throughout North America. With more than 400 professionals and support staff in North America and Europe, RSM EquiCo specializes in mergers, acquisitions, divestitures and capital raising for companies with up to $500 million in annual revenue. The firm is part of RSM McGladrey Inc., a business segment of H&R Block.

About H.D. Griffin Construction Company, Inc.

Founded in 1971 and based in Carrollton, Missouri, H.D. Griffin Construction Company builds and maintains new and existing pipelines for natural gas and other petroleum products. The company serves major pipeline companies that have systems within its region. Its partnerships and exclusive agreements with key customers have fueled growth and mitigated the risk inherent in traditional bid projects.

About The Boss Group

The Boss Group is a global private investment and management firm that acquires small and middle-market companies and works with them to build value through both internal growth strategies and complementary acquisitions. With offices in Houston and London, The Boss Group provides deep industry and seasoned management experience, strategic vision and a strong business relationship network domestically and internationally.

CONTACT:  RSM EquiCo, Inc.
          Todd Cooley, Director of Communications
          (714) 327-8865
          tcooley@rsmequico.com


 
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