Paul Hastings Represents River Capital In Acquisition Of JETporter, Inc.

May 01, 2006

Paul Hastings Represents River Capital In Acquisition Of JETporter, Inc.

Atlanta, GA (May 1, 2006) – Paul, Hastings, Janofsky & Walker LLP (Paul Hastings), a leading international law firm, represented River Capital, an Atlanta-based private equity firm, in its acquisition of JETporter, Inc. The deal closed on April 28, 2006.

Under the agreement, JETporter, Inc., a producer of towbarless electric tugs for the ground transportation needs of business and regional aircraft, will operate as a wholly-owned subsidiary of Tronair, Inc., a River Capital portfolio company.
Additionally, Paul Hastings represented River Capital in its acquisition of Lara’s Crafts Inc., one of the nations largest suppliers of quality wood parts and accessories for the craft and hobby industry. The deal closed December 21, 2005.

The Paul Hastings team, led by Atlanta partner Wayne Bradley, also included associate Tong Zou.

Corporate Practice: Paul Hastings’ corporate practice has more than 400 attorneys in 17 offices around the world who serve clients in globally coordinated, multidisciplinary teams. Our corporate department is the largest in the firm and continues to grow, not only in number of deals and revenue volume, but in the scope of services we offer.

About River Capital, Inc.: For over twenty years, River Capital has invested in management buyouts, recapitalizations, and the growth capital needs of well established, profitable middle market companies.

About Tronair, Inc.: Tronair is a leading manufacturer of a diverse line of ground support equipment to the business, commuter, military and commercial aviation markets.

Paul, Hastings, Janofsky & Walker LLP, founded in 1951, is a leading international law firm with 1,000 attorneys in 17 offices. The firm serves a diverse client base including many of the top financial institutions and Fortune 500 companies, supports clients in all of their legal needs and offers deep capabilities in Banking and Finance, Capital Markets, Corporate/M+A, Litigation and Dispute Resolution, Intellectual Property, Project Finance, Investment Management, Real Estate, Labor and Employment and Tax Advisory Services. For additional information, please visit our website at www.paulhastings.com.

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