New York, NY (May 14, 2010) – Annexus Storage & Cartage, Inc. of King of Prussia, PA has been acquired by Bowman Sales & Equipment, Inc. of Hagerstown, MD. Sperry, Mitchell & Company, Inc. initiated this transaction, assisted in the negotiations, and served as exclusive financial advisor to Annexus Storage & Cartage, Inc.

Annexus Storage & Cartage, Inc. (www.annexusinc.com) is a leading provider of portable storage and short-haul transportation solutions. Annexus has an extensive fleet of semi-trailers, containers, flatbeds, and chassis, which it leases to commercial customers along the East Coast. Annexus offers a complete line of services, including insurance, maintenance, drayage, and on-site storage. Mike Schaffer, Dennis Hamill, and Sam Kolunie founded Annexus in 2002.

Bowman Sales & Equipment, Inc. (www.bowmanleasing.com) is a regional provider of road trailers, storage trailers, and sea containers. Bowman serves the transportation industry with 48' and 53' over-the-road-trailers and provides sea containers and storage trailers for on-site storage in the construction, manufacturing, and retail industries. Bowman was founded in 1972 and is headquartered in Hagerstown, MD, with branches in Richmond, VA, Baltimore, MD, Charlotte, NC, Birmingham, AL, Atlanta, GA, Altoona, PA and Allentown, PA.

Sperry, Mitchell & Company, Inc. (www.sperrymitchell.com) is an investment banking firm specializing in middle-market merger and acquisition advisory services. Since the firm’s founding in 1986, Sperry Mitchell has completed hundreds of transactions in a wide range of industries, with values ranging from $10 - $450 million.