| FOR IMMEDIATE RELEASE | 2/11/2004 |
| DKW Capital Markets and DKW Value Recovery Merge Into Renaissance Partners, LLC | |
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CLEVELAND, DETROIT, PITTSBURGH ? February 11, 2004 ? Leo A. Keevican, Jr., Managing Director of Renaissance Partners, LLC, announced the Company's merger with its sister companies, DKW Capital Markets, LLC and DKW Value Recovery, which will now operate under the name of Renaissance Partners, LLC. "We have a 20-year track record of completing management buy-outs, providing strategic business guidance and revitalizing businesses primarily in the industrial sector," states Keevican. "The addition of capital markets and turnaround management capabilities will greatly enhance the value we already bring to our clients." DKW Capital Markets is known as a creative and entrepreneurial investment banking firm. Its professionals, who have over 75 years of combined experience in accessing capital, merger and acquisition representation and providing financial advisory services, have been involved in numerous Renaissance Partners projects as financial specialists. DKW Value Recovery was formed in 1999 as a turnaround management company that provides viability analyses, interim management, strategic planning, selection and qualification of potential buyers for selected product lines or business units and, when necessary, guidance through out-of-court restructurings or through the Chapter 11 process. Established in 1986, Renaissance Partners, LLC, provides strategic guidance, business advice and investment banking services to help companies and their owners achieve critical business objectives. Visit www.renaissance-partners.com for more information. |
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