Dresner Partners Advises MacLean Investment Partners in Sale of Jameson to Carousel Capital


CHICAGO, IL--(Marketwire - July 12, 2007) - Dresner Partners, a leading middle-market investment bank, announced today that it served as exclusive financial advisor to MacLean Investment Partners (MIP) in the sale of its majority ownership stake in Jameson Corporation ("Jameson") to Charlotte-based private equity firm, Carousel Capital. Specific terms of the deal were not disclosed.

Headquartered in Clover, South Carolina, Jameson is a leading manufacturer and marketer of niche, high-quality specialty lighting products and professional tools and equipment for a diverse range of end markets including telecom, power utility, cable TV, tree care, electrical contracting, do-it-yourself (DIY) and the military. Since its founding in 1956, Jameson has built an unparalleled reputation as an innovator and manufacturer of tools and equipment designed to stand up to harsh environments as well as the demands of lineman, technicians, engineers and other professional users.

"We are pleased to have assembled a partnership that meets the objectives of the company's shareholders and positions Jameson to continue its impressive record of growth," said Barry MacLean, CEO, MacLean Investment Partners. "The Dresner team did an outstanding job on this transaction and was committed from the outset to helping us select a partner that truly understands and appreciates Jameson's unique business model and value proposition."

According to John Riddle, a managing director for Dresner Partners, Carousel Capital was impressed with the strong growth as well as the entrepreneurial leadership at Jameson. "The Company has demonstrated an ability to drive growth in its established markets and core product lines, while at the same time innovating and capitalizing on new market opportunities within its rapidly expanding specialty lighting business," Riddle explained.

"This is a terrific outcome for MIP and MacLean-Fogg, who have been valued clients of the firm for many years," said Steven M. Dresner, president of Dresner Partners. "We appreciate their high degree of confidence and the opportunity to serve as their trusted advisor on this important engagement."

About Dresner Partners

Dresner Partners is an NASD-registered, middle-market investment bank based in Chicago, Illinois. Founded in 1991, Dresner Partners provides financial advisory services to business owners and managers throughout the United States, including institutional private placements of debt and equity, merger & acquisitions, and valuation and strategic consulting services. Its affiliate company, Dresner Corporate Services, is a strategic communications firm specializing in investor and public relations. More information is available via the Internet at www.dresnerpartners.com.

Contact Information: Contacts: David Gutierrez Dresner Corporate Services 312.780.7204 dgutierrez@dresnerco.com John Riddle Dresner Partners 312.780.7203 johnriddle@dresnerco.com Matt Phillips Dresner Partners 312.780.7244 mphillips@dresnerco.com