Hudson Ferry Capital Announces Merger of Mason Dixon Energy

New York - June 28, 2012 – Hudson Ferry Capital is pleased to announce that it provided equity financing to facilitate the merger of its portfolio company, Mason Dixon Energy (“MDE”), with OGM Land and its affiliated companies, Percheron Acquisition and Percheron Surveying, to form Percheron LLC (“Percheron”). Percheron is the first fully-integrated land services provider capable of serving clients coast-to-coast. The combined organization is headquartered in Houston, Texas and has the geographic reach and staff capacity to serve the entire country through its team of over 1,000 highly skilled professionals working out of 43 offices in 17 states. See the company’s website at www.percheronllc.com.

“We were seeking an acquisition opportunity for MDE that would broaden MDE’s geographic reach, add additional and complementary services and provide client diversification,” said Stephen Fisher, an HFC Partner. “OGM Land and its affiliated companies provide the company with a significant presence in the southern Mid-Continent region offering mineral right acquisition, right of way and surveying services to a diverse base of energy exploration, production and distribution customers.”

In addition to HFC’s equity financing, HFC brought together a bank group that provided a $55 million senior debt facility necessary to close the transaction.

About Hudson Ferry Capital
Hudson Ferry Capital (www.hudsonferry.com) is a New York-based private equity firm that specializes in investing in lower middle market companies. The firm partners with entrepreneurial owners and managers of established privately-owned companies that are differentiated through product or process innovation. The principals of Hudson Ferry have invested in dozens of niche manufacturers, business services companies and outsourcing providers over the last several decades. As a trusted financial partner, Hudson Ferry can provide liquidity to current owners, provide capital to execute a growth strategy, and assist in transitioning an organization from a smaller or regional family-owned business into a larger, integrated enterprise.

For more information about this transaction, please contact:

Stephen J. Fisher
Partner
Hudson Ferry Capital
tross@hudsonferry.com
Phone: (212) 308-3079

Timothy R.G. Ross
Partner
Hudson Ferry Capital
sfisher@hudsonferry.com
Phone: (212) 308-3079