Western Reserve Partners Advises Cimarron Central, L.L.C. in Sale to Linx Partners


11/07/2007

Western Reserve Partners LLC is pleased to announce that it represented Cimarron Central, L.L.C., based in Guymon, Oklahoma, in Cimarron’s sale to Linx Partners, a New York/Atlanta-based private equity firm. The former owners of Cimarron have retained a significant ownership interest in the Company and will continue to manage the business.

Cimarron designs, engineers and manufactures a line of mission-critical, highly engineered equipment, systems and services used in the production and processing of natural gas. The Company’s product lines include production and process separators, natural gas dehydrators, combination separator/dehydrator units and specialty items. Cimarron’s equipment is specifically designed and manufactured to work within the extreme conditions and requirements of the Rocky Mountain region.

John Moore, President and Chief Executive Officer of Cimarron, said, “We are thrilled to be partnering with Linx as we look to exploit our strong market position by expanding into new geographic regions and broadening our product offering. We believe Linx’s expertise in providing financial and strategic resources to emerging growth companies will be a benefit to our customers and suppliers and afford us the opportunity to achieve outstanding results for our shareholders.”

Western Reserve Partners previously assisted in arranging financing to effect the combination of Cimarron Gas Processing Equipment Company, Inc. and Central Tank of Oklahoma Inc. in 2005. Cleveland-based private investment firm Bridge Industries, LLC structured the original transaction, contributed capital and partnered with management in executing Cimarron’s plan for growth.

Handling the latest assignment for Western Reserve Partners were Managing Directors Ralph Della Ratta and Ken Hirsch, Vice President Dave Mariano and Analyst Nick Russo.

“We are proud to have been able to assist the owners and management of Cimarron as they executed on their strategy to merge Cimarron and Central Tank and create the dominant player in their market niche, and then to have the opportunity to introduce to the Company a firm of the quality of Linx to take it to the next level,” said Hirsch.

Moore added, “Western Reserve Partners has been a very special partner of Cimarron as we’ve executed our financial and operating strategy. They have been and will continue to be a trusted financial advisor to us as we look to grow our business over the next few years.”

Linx Managing Partner Peter Hicks said, “Linx’s investment underscores our belief in John Moore and his team as well as the fundamental attractiveness of the natural gas industry, particularly in the Rocky Mountain region. We are very confident that John and his team will be able to build on the success they have already achieved through the merger of Cimarron and Central Tank.”

Western Reserve Partners LLC is a boutique investment banking firm that provides customized investment banking solutions for middle-market companies. The firm’s managing directors collectively have more than 160 years of experience and have directly executed more than 500 transactions and managed more than 1,300 transactions. For more information, visit www.wesrespartners.com.

For more information, please contact Ken Hirsch at (216) 589-9533 or khirsch@wesrespartners.com.

The testimonials presented are applicable to the individuals depicted and may not be representative of the experience of others. The testimonials are not paid and are not indicative of future performance or success.