Winters Bros. Waste Systems, Inc.

ACQUISITION FINANCING

(Amount Undisclosed)

Subordinated Debt

McKenna Gale provided a loan to assist Winters Bros. in acquiring assets from local competitors and refinancing a bridge loan. This transaction was completed in partnership with the Winters family and Clairvest Group.

Based on Long Island, New York, Winters Bros. is a leading waste management and recycling company. The company's activities include a hauling business which collects waste from residential, commercial, and industrial customers. It also owns and operates a large network of transfer stations which facilitate the out-of-state disposal of waste.

McKenna Gale was selected as a financing partner in this case because of our flexible financing structure and ability to complete due diligence and provide a commitment in a timely fashion.