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By Douglas E. RodgersPublished On: January 30, 2008

FOCUS Investment Banking Announces Sale of Soil Farming Inc.

Washington, DC (January 30, 2008) – FOCUS LLC, a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services announced today that Soil Farming, Inc. of Oklahoma has been acquired by Terra Renewal Services, a portfolio company of Saw Mill Capital of New York. FOCUS represented Soil Farming in the transaction.

Soil Farming is a diversified oil field services company specializing in the disposal of drilling fluids and solids, utilizing environmentally “green” methods. Services are provided in Oklahoma, Arkansas and Texas and include disposal, fluid handling, and related rentals and services.

Terra Renewal Services, was founded in 1995 and has built a solid reputation in the “green disposal” industry, including poultry, paper, agriculture, food processing, animal food and waste recycling. Today, Terra Renewal is one of the largest privately held wastewater residual management companies in the United States.

William Toellner of Soil Farming, commented, “this will enable our company to accelerate its growth, and continue to support exploration and production clients across a larger geography.”

FOCUS bankers Doug Rodgers and Jonathan Wilfong managed this transaction which “is indicative of the consolidation activity in the domestic oilfield services space.”

About FOCUS LLC

FOCUS LLC provides a range of middle market investment banking services with an emphasis on mergers, acquisitions, divestitures and corporate finance. FOCUS is headquartered in Washington, D.C. with regional offices in Atlanta, Chicago and San Francisco. FOCUS specializes in business units with transactions or revenues in the $5-300 million range, serving entrepreneurs, corporate owners and various types of investors across a broad range of industries, throughout the U.S. and worldwide, with extensive experience in the oil field services sector. FOCUS bankers are seasoned operating and financial executives with extensive transaction experience. Securities transactions are conducted by Wm. H. Murphy & Co., Inc. registered Broker Dealer member FINRA/SIPC. For more information on FOCUS, visit www.focusbankers.com.

Douglas E. Rodgers, FOCUS Chairman Emeritus, served as CEO and Managing Partner from 2001 until late 2018. During his time as CEO, he led the firm’s growth from one office in Washington, DC, to three offices across the US. He has C-level management experience in software, aerospace, e-commerce, manufacturing and distribution, real estate and construction, serving both commercial and government clients. He has served FOCUS clients across many industries emphasizing merger and acquisitions opportunities. As FOCUS Chairman he currently develops and manages relationships with strategic partners and clients. Before joining FOCUS Mr. Rodgers served as the President and CEO of Corcentric, Inc, an e-commerce services provider spin off from Litton Enterprise Solutions. As the first CEO of the company, he raised both venture and debt capital and led the company to achieve 500,000 electronic transactions annually with a transaction volume of $180 million, including over 30 Fortune 1000 trading partners. As CEO of Global Software Corporation, which served the government public safety market, Mr. Rodgers raised venture and debt capital, guided the development of initial software products and sales to reference clients. As President and CEO of Perfection Equipment Company, a distributor and manufacturer of industrial goods to the oilfield services and transportation industry, he was instrumental in the merger and IPO into a NYSE industry consolidation play. Mr. Rodgers is also a founding director of a National Bank and a manufacturing company. Prior to Perfection Equipment, he was Vice President of business development for a $150 million real estate developer. Mr. Rodgers is a pilot, with ATP and jet ratings, a BS in Aerospace Engineering and MBA coursework. He was educated at the U.S. Air Force Academy and the University of Kansas; he has been a member of the Young Presidents Organization, (YPO) since 1988, served as the president of the Oklahoma City Chapter in 1996, and is currently a member of the Washington Baltimore YPO Gold chapter.