has been recapitalized by

The Erosion Company provides erosion control and related site services to the construction industry.

The undersigned acted as financial advisor to TEC in this Transaction

The Erosion Company

Description

The Erosion Company provides erosion control and related site services to homebuilders, commercial contractors and infrastructure service providers throughout the Southeast.

Situation

The Company engaged Croft & Bender to help it evaluate strategic alternatives, including an equity investment or strategic sale of the business. Croft & Bender worked with the Company to build a financial model, develop marketing materials, conduct management presentations, manage the diligence process and negotiate with interested parties.

Result

Croft & Bender successfully negotiated the recapitalization of the Company by Tecum Equity.