PORTLAND VALVE, INC.

Leaders advises Portland Valve on its sale to Colfax Corporation
August 1, 2004

Leaders advises Portland Valve on its sale to Colfax Corporation

Portland Valve is a prime contractor for the US Navy and a major subcontractor for all naval and private ship yards. Products include valves, actuators, components, sub-assemblies and fabrications, which are primarily installed on U.S. Navy ships. It also manufactures products for Army weapons systems and select commercial applications.  Colfax Corporation is a world leader in the development, engineering, manufacturing, distribution, service and support of pumping and fluid-handling systems.  Colfax' products support a wide range of industries, from Power Generation and Oil & Gas to Commercial and Navy Marine to a broad range of Industrial applications. Leaders LLC initiated this transaction and acted as exclusive merger and acquisition advisor to Portland Valve.