Tricor Pacific Capital, Inc. Acquires Consolidated Utility Services, Inc.



    OMAHA, Neb., April 3 /CNW/ -- Consolidated Utility Services, Inc. is
pleased to announce that it has been acquired by Tricor Pacific Capital, Inc.,
a private equity firm.  Tricor purchased 100% of Consolidated's stock in a
transaction that closed on March 30, 2007.
    Consolidated (www.consolidatedus.com) is North America's premier provider
of utility damage prevention process services and solutions.  The company
supports over 180 customers with diversified service offerings in fifteen
states and two provinces in Canada.  Consolidated's services include
underground utility locating, one call management, damage investigation,
claims management and reconciliation and subsurface utility engineering
services.
    "Our new partnership with Tricor adds committed financial muscle to our
vision of providing field-based and professional services across the utility
asset management supply chain," said Rob Karam, President and CEO of
Consolidated.  "We are more excited than ever by our ability to deliver the
benefits of this vision to our customers, employees and investors."
    Headwaters MB (www.headwatersmb.com) acted as investment advisor to
Consolidated.
    Tricor Pacific Capital, Inc. is a leading private equity firm that
invests in profitable, well-managed, middle-market companies located in the
West and Midwest regions of the United States and Canada.  Tricor has
approximately $800 million of funds under management.  To learn more about
Tricor, visit www.tricorpacific.com.
    For more information on this transaction, please contact Brad Seaman or
Scott Daum at Tricor's Chicago Office or Michael Johnson at Consolidated's
headquarters in Omaha, Nebraska.

    
    Tricor Pacific Capital, Inc., One Westminster Place, Suite 100,
    Lake Forest, IL 60045
    Phone: 847-295-4410, Fax: 847-295-4243

    Consolidated Utility Services, Inc., 11640 Arbor Street, Suite 200,
    Omaha, NE 68144
    Phone: 402-334-8150, Fax: 402-334-7640

    




For further information:

For further information: Tricor Pacific Capital, Inc., +1-847-295-4410,
or  fax, +1-847-295-4243; or Consolidated Utility Services, Inc.,
+1-402-334-8150,  or fax, +1-402-334-7640 Web Site:
http://www.consolidatedus.com                  http://www.tricorpacific.com

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CONSOLIDATED UTILITY SERVICES, INC.

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