NEW YORK, NY – May 1, 2007: 
Goldsmith Agio Helms is pleased to announce the sale of Mayline Investments, Inc. (“Mayline Group”), one of the Barancik Companies, to Baird Capital Partners , the U.S.-based buyout fund of Baird Private Equity and Robert W. Baird & Co.  Mayline is a manufacturer of innovative, high quality and value-based products for niche segments of the contract furniture market.  The successful sale of Mayline marks Goldsmith Agio Helms’ second transaction in the Office Furniture sector in the past 18 months and the seventh transaction in the office and home furnishings industry.  Terms of the transaction were not disclosed.

TRANSACTION HIGHLIGHTS
Commenting on the transaction, Charles Barancik stated, “After more than 30 years, it’s hard to say goodbye to the Mayline Group and the outstanding group of associates there, but I am confident that the company has found a good partner in Baird Capital Partners.   I am grateful to Goldsmith Agio Helms for their hard work and sage advice in the sale process. Their professional approach and knowledge of the industry was invaluable.”

“This transaction represents an exciting next step in the growth of the Mayline Group,” commented Paul Simons, President of the Mayline Group.  “We are grateful for the support and guidance provided by Mr. Barancik throughout his longstanding ownership, and it is with mixed emotions that we see our professional relationship come to an end.  At the same time, we look forward to working closely with Baird Capital Partners to accelerate our growth strategy and continue our legacy of innovation in the contract furniture industry.”

Commented Joseph Conte, a Managing Director with Goldsmith Agio Helms, “It was a pleasure working with the Mayline Group team on this transaction.  Mayline is led by an impressive group of inspired, growth-oriented leaders, who are responsible for building one of the most innovative niche manufacturers in the office furniture industry.  The Mayline Group has achieved substantial top-line growth in recent years, and is well positioned to continue that growth trend.  We are confident that Mayline has found the right fit with Baird Capital Partners to continue its growth.”

Andrew Brickman, Partner at Baird Capital Partners, said, “Having known Mayline for several years, we are thrilled by the opportunity to partner with them.  Paul Simons and his team have created a unique, entrepreneurial culture at Mayline that is perfectly aligned with Baird Capital Partners.  We are convinced that Mayline has an attractive strategy to utilize its established distribution channels and proven product development capabilities in the niche and mid-market segments of the contract furniture market and has assembled the ideal team to lead it.”

“The Mayline Group continues to garner market share by designing its innovative product line to address the office furniture needs of the growing service-based sector of the U.S. economy,” added Chris Kocourek, Vice President of Goldsmith Agio Helms.  “The overwhelming success of the company’s REAL Office and CSII systems lines is evidence of the company’s customer-centric culture and proven ability to translate the needs of its customer base into innovative and highly functional products that work.”

THE COMPANY
The Mayline Group (www.mayline.com) is an award-winning designer, manufacturer, and distributor of innovative, high-quality office furniture.  Based in Sheboygan, WI, the Mayline Group, provides high-quality, value-based desking, seating and modular workstations for all segments of the contract furniture market, as well as innovative products for niche market segments including high density and large format filing, mail center and information technology sectors.  Sold under the Mayline Company, Tiffany Industries, and Kwik-File brand names, the Company's products are recognized for their functionality, style, and quality of craftsmanship.

THE  BUYER
Baird Capital Partners, the U.S.-based buyout fund of Baird Private Equity, provides change-of-control and growth capital to middle-market companies in the Business Services and Manufactured Products sectors. Baird Capital Partners also is supported by operating resources in China (Beijing, Hong Kong, and Shanghai) and India (Bangalore), focused on facilitating and executing Asia sourcing, manufacturing and distribution strategies for BCP’s portfolio companies.