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Lane Berry Advises Wind Point Partners on the Sale of Air-Serv to Macquarie Capital Alliance Group.


BOSTON -- Largest Provider of Freestanding, Coin-operated Tire Inflation Vending Equipment Acquired by Macquarie Capital Alliance Group for $420 Million

Lane, Berry & Co. International, LLC (Logical Link Control) See "LANs" under data link protocol.

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 announced today that it served as the exclusive financial adviser to ASI ASI,
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 Holding Corp. (AIR-serv) and its principal shareholder, Wind Point Partners, LLC, with respect to its recently completed sale to Macquarie Capital Alliance Group (ASX ASX

See: Australian Stock Exchange
: MCQ MCQ Multiple Choice Question
MCQ Magistrates' Court Qualification (UK)
MCQ Marathon Call to Quarters (Military)
MCQ Morning Call to Quarters (Military) 
), a global co-investment fund managed by members of the Macquarie Bank Macquarie Bank Limited is an Australian merchant bank and financial services group, providing a broad range of products and services to investors, corporations and government. Its global headquarters is in Sydney, and it is listed on the Australian Stock Exchange (ASX).  Group (ASX: MBL MBL Mobile
MBL Marine Biological Laboratory
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MBL Mannose-Binding Lectin
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MBL Member Business Lending (credit unions)
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), in a transaction valued at $420 million.

Headquartered in Minneapolis, AIR-serv is the largest owner and operator of freestanding coin-operated tire inflation and vacuuming vending equipment in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  and the United Kingdom. Founded in 1981, AIR-serv owns and operates over 60,000 tire inflation and vacuum vending machines under long-term concession agreements with thousands of gasoline service station and convenience store sites. The Company was acquired by Wind Point Partners in March 2003.

Headquartered in Sydney, Australia, Macquarie Capital Alliance Group (MCAG MCAG Merced County Association of Governments (California)
MCAG Maritime Civil Affairs Group
MCAG Moto Clube Amigos do Garfo
) is a publicly-traded fund with substantial investments in four sectors - vehicle tire-inflation, directories, media services and aged care and retirement living. MCAG is managed by the Macquarie Bank Group, one of Australia's leading financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 companies providing a full range of investment, financial market and advisory products and services in select markets around the world through a network of over 8,200 people in 24 countries.

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, Director of Lane Berry and lead banker for the transaction said, "AIR-serv represents a strong fit with MCAG's focus on global companies and capital growth. AIR-serv's strong management team, with support from Macquarie's global resources, will continue to leverage AIR-serv's highly profitable and leading industry positions in North America and the United Kingdom to generate growth and to expand into new markets."

"The sale of AIR-serv was an important transaction for Wind Point," said Michael Nelson, Principal of Wind Point Partners. "Lane Berry's resident expertise, active engagement throughout the process and relationship with Macquarie were instrumental in producing a terrific outcome. This was the second sale of one of our portfolio companies by Lane Berry and we are very pleased with the result."

Robert M. Berry, President of Lane Berry said, "Our clients appreciate Lane Berry's sophisticated, objective advice and the hands-on transactional engagement by our experienced senior bankers. The best evidence of client satisfaction is repeat client engagements. We are honored with the opportunity to assist Wind Point with another sale of a strategic portfolio investment and gratified grat·i·fy  
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.

2.
 to have achieved a successful outcome for all parties."

About AIR-serv

Founded in 1981, ASI Holding Corp. (AIR-serv) is the largest operator of freestanding coin-operated tire inflation and vacuum vending machines in the United States, Canada and the United Kingdom. AIR-serv owns and operates more than 60,000 tire inflation and vacuum vending machines via exclusive contracts with major gasoline service station and convenience store chains. The Company was acquired by Wind Point Partners in March 2003.

By designing, engineering, and manufacturing its equipment, AIR-serv is able to assure highly reliable, vandal-resistant performance and profitability. AIR-serv owns and operates more tire inflation and vacuum vending equipment than the combined total of all other U.S. operators. For additional information, visit www.air-serv.com.

About Wind Point Partners

Wind Point Partners is a private equity investment firm with offices in Chicago, Illinois, and Southfield, Michigan that manages over $1.8 billion in capital. Wind Point focuses on partnering with top caliber management teams to acquire solid middle market businesses with a clear path to value creation. Wind Point has successfully invested in more than 80 companies since 1984. Additional information about Wind Point is available at www.wppartners.com.

About Macquarie

Macquaire Capital Alliance Group is a publicly-traded investment fund (ASX: MCQ) managed by Macquaire Bank Group (ASX: MBL). Founded in 1969 and headquartered in Sydney, Australia, Macquarie offers various financial services that include investment banking, commercial banking and retail financial services. Macquarie also provides corporate finance and advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
, including mergers and acquisitions, corporate finance, and capital management advisory; leasing; and structured and secured financial services, as well as specialized funds and private capital services, and managed funds. The bank primarily operates in Australia, Asia Pacific, Europe and North America. For more information on Macquarie, visit www.macquarie.com.

About Lane Berry

Lane, Berry & Co. International, with offices in Boston, New York Boston is a town in Erie County, New York, United States. The population was 7,897 at the 2000 census. The town is named after Boston, Massachusetts.

The Town of Boston is an interior town of the county and one of the county's "Southtowns.
 and Denver, provides investment banking services to corporations, their Boards and Special Committees of Boards and shareholders on matters relating to mergers, acquisitions, divestitures, debt and equity financings, debt restructurings, recapitalizations and corporate governance Corporate Governance

The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law.
 issues. Lane Berry offers sophisticated, objective advice and transaction execution based upon the extensive experience of its senior investment bankers. For more information about Lane Berry's services, transactions and recruitment opportunities, visit www.laneberry.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Jul 10, 2006
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