Mirus Capital AdvisorsMirus Capital Advisors

Pegasus Management acquires Shield Pack with Tuckerman Capital

ShieldPack-Pegasus

Boston, MA, Jan 24, 2005 – Mirus Capital Advisors, Inc. announced today that the firm has advised its client, SHPK Holdings, on the sale of Shield Pack, Inc., of West Monroe, LA in a leveraged buy-out transaction led by Pegasus Management with investment from Tuckerman Capital. Mirus Capital Advisors and Consilium Partners advised the investors and creditors of Shield Pack on the transaction.

A producer of specialty foil packaging used in liquid food applications, Shield Pack was sold by a division of BancBoston Capital. Pegasus Management specializes in buying established, profitable businesses in non-technology intensive industries. The Company’s current portfolio consists of several high margin manufacturing companies located throughout North America.

About Mirus Capital Advisors

Mirus Capital Advisors provides investment banking solutions to corporate clients in technology, business services, manufacturing, consumer products, health care and the resort & hospitality industry. Since 1987, Mirus has provided corporate finance advisory services on engagements including mergers, acquisitions, divestitures, recapitalizations and valuations. For additional information, visit www.merger.com.

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