New capabilities address compensation, development, selection and workforce analytics

MINNEAPOLIS/NEW YORK, December 1, 2009 – Seabury Capital, a global advisory and investment management firm, has completed its merger with Minneapolis-based, Organizational Concepts International LLC (OCI). This expands Seabury’s ability to address human capital issues for its clients by helping companies realize the full potential of their people at every level, including organizational development, talent management and labor productivity.

“Seabury is expanding its business offerings to respond to our clients’ needs, and integrating the OCI team strengthens our ability to deliver human capital solutions,” said John E. Luth, Chairman, President, and Chief Executive Officer, Seabury Capital LLC. “Our approach to management consulting and corporate restructuring and recovery is enhanced by a deep understanding around those processes and methods that drive employee productivity. We view human capital advisory services as an essential core competency.”

The firm will use the Seabury name going forward and will add Minneapolis to its global office locations, with former OCI President and CEO Marty Kuehne serving as Chief Administrative Officer, Seabury Capital, and Managing Director, Human Capital. John Kuehne, who was Executive Vice President and Partner at OCI, will become Seabury’s Chief Financial Officer and Managing Director. Terms of the deal were not made public as both companies are privately held.

“Bringing OCI together with Seabury is a natural growth opportunity to expand our proficiency in addressing the ‘people’ component of business strategy,” said Marty Kuehne “We now complement those core Seabury initiatives that help our world-wide client base improve their businesses.”

Seabury had previously made a minority investment in OCI in early 2008 and now has purchased the company entirely. OCI was founded by Marty Kuehne in 1996 as a boutique HR consulting firm. He and his brother John Kuehne grew the firm to over $12 million in revenues and 30 professionals, serving a client base that includes American Express, Northwest Airlines, Ecolab, Medtronic, Wells Fargo and the University of Minnesota.

About Seabury Capital
The Seabury Capital is a global advisory and investment management group with over 200 professionals providing investment banking, restructuring/corporate recovery, management consulting, IT development, and human capital advisory services.

Seabury professionals have in-depth experience providing advisory services to a broad range of industries including aerospace, automotive, aviation, cargo, consumer products, distribution, financial services, gaming, infrastructure (ports and airports), logistics and maritime and manufacturing. Seabury has advised over 400 clients spanning Africa, Australia, Asia, Europe, the Middle East, and the Americas with principal offices in New York, London, Amsterdam, Hong Kong, Los Angeles, Minneapolis, and Washington, D.C., and additional offices in Fort Lauderdale, Fla., Houston, and Singapore.

Seabury is the leading global advisor to the aviation industry, having successfully managed seven of the 10 largest airline restructurings or corporate recoveries in the world, and raised over $30 billion of capital financing, including over $3.5 billion of equity financings.

Recent assignments include completing a highly successful Cdn$1.0 billion liquidity raise for Air Canada (September 2009), the restructuring, recapitalization and sale of Frontier Airlines (October 2009), and advising on the restructuring and sale of Midwest Airlines (July 2009). Additional landmark deals include: raising $1.1 billion for US Airways Group, Inc. (October 2008); restructuring and raising of $750 million of equity for Northwest Airlines (September 2007), for which Seabury was awarded Airfinance Journal’s “North American Deal of the Year”; arranging the merger and $2.2 billion of capital financing of US Airways and America West Airlines (September 2005); and raising $1.6 billion of equity and debt exit financing for Air Canada’s successful reorganization under CCAA (September 2004).

For more information, please visit: www.seaburygroup.com

Contact: Seabury
pr@seaburycapital.com
+1 612 638 2633