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Welcome to Luvian Partners | luvianpartners.com

Welcome to Luvian Partners, Inc! Luvian Partners, Inc. Is a Montana corporation led by Dave Cerotzke. Our objective is to assist in the acquisition and operation of local gas distribution companies considering advantages of size and location. We are a team of utility executives with significant experience in operations, finance, regulation, human resources, and M&A, and a track record of success in multiple states. PO Box 6427 Great Falls, MT 59406 406.453.1076 Contact Us.

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Welcome to Luvian Partners, Inc! Luvian Partners, Inc. Is a Montana corporation led by Dave Cerotzke. Our objective is to assist in the acquisition and operation of local gas distribution companies considering advantages of size and location. We are a team of utility executives with significant experience in operations, finance, regulation, human resources, and M&A, and a track record of success in multiple states. PO Box 6427 Great Falls, MT 59406 406.453.1076 Contact Us.
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Welcome to Luvian Partners | luvianpartners.com | luvianpartners.com Reviews

https://luvianpartners.com

Welcome to Luvian Partners, Inc! Luvian Partners, Inc. Is a Montana corporation led by Dave Cerotzke. Our objective is to assist in the acquisition and operation of local gas distribution companies considering advantages of size and location. We are a team of utility executives with significant experience in operations, finance, regulation, human resources, and M&A, and a track record of success in multiple states. PO Box 6427 Great Falls, MT 59406 406.453.1076 Contact Us.

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1

Luvian Partners Projects | luvianpartners.com

http://www.luvianpartners.com/projects.html

PO Box 6427 Great Falls, MT 59406 406.453.1076 Contact Us.

2

Luvian Partners Opportunity| luvianpartners.com

http://www.luvianpartners.com/opportunity.html

Broad range of equity investment levels from $15-$250 million. Investors may start small and ramp up. ROE potential in low-to-mid-teens with low risk profile. EBITDA increases of 30 % in selected targets. Spending the next rate increase. Cost and burden of filings every 3-5 years. Regulators historically grant 50-80% of request based on performance and reputation. PO Box 6427 Great Falls, MT 59406 406.453.1076 Contact Us.

3

Luvian Partners Strategy | luvianpartners.com

http://www.luvianpartners.com/strategy.html

Standardize and improve activities which drive payroll costs. Manage fixed costs though consolidation and active management. Optimize investment results through best cost capital approach. Stimulate growth at utilities and related operations. Strategic management of the regulatory process. PO Box 6427 Great Falls, MT 59406 406.453.1076 Contact Us.

4

Luvian Partners Vision | luvianpartners.com

http://www.luvianpartners.com/vision.html

Acquire and optimize performance platform LDC. Leadership onsite with industry specific skills and nimbleness to assess opportunities and improve performance. Management: Focus on local issues and continuous improvement of core processes of operations, finance, regulation and human resources. Stimulate revenue growth at utility and related operations. Stable and reliable returns to investors with upside offered by additional acquisitions. PO Box 6427 Great Falls, MT 59406 406.453.1076 Contact Us.

5

Luvian Partners Accomplishments | luvianpartners.com

http://www.luvianpartners.com/accomplishments.html

Delivered improved performance and growth at small LDCs. Increased gross margin by 10%. Reduced G&A expenses by 31%. Acquired three utilities with assets of more than $160 million for less than $10 million. And at large LDCs. 2/3 of 2,200 total employees were realigned into a new organization. Capital spending reduced by 20%; O&M reduced by 13%. Established $1 billion syndicated bank credit facilities and refinanced over $400 million of long-term debt. Multiple base rate cases.

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Welcome to Luvian Partners | luvianpartners.com

Welcome to Luvian Partners, Inc! Luvian Partners, Inc. Is a Montana corporation led by Dave Cerotzke. Our objective is to assist in the acquisition and operation of local gas distribution companies considering advantages of size and location. We are a team of utility executives with significant experience in operations, finance, regulation, human resources, and M&A, and a track record of success in multiple states. PO Box 6427 Great Falls, MT 59406 406.453.1076 Contact Us.

luvianpartners.net luvianpartners.net

Welcome to Luvian Partners | luvianpartners.com

Welcome to Luvian Partners, Inc! Luvian Partners, Inc. Is a Montana corporation led by Dave Cerotzke. Our objective is to execute a strategy to consolidate and operate small and mid-size local gas distribution companies. Our leadership is composed of utility executives with significant experience and success in LDC operations, finance, regulation, human resources and M&A. PO Box 6427 Great Falls, MT 59406 406.453.1076 Contact Us.

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Welcome to Luvian Partners | luvianpartners.com

Welcome to Luvian Partners, Inc! Luvian Partners, Inc. Is a Montana corporation led by Dave Cerotzke. Our objective is to acquire and operate local gas distribution companies considering advantages of size and location. We are a team of utility executives with significant experience in operations, finance, regulation, human resources, and M&A, and a track record of success in multiple states. Expected returns are well above industry averages with stable earnings, cash flow and dividends.

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Luvians Wine Shop | Fine Wines and Whisky from Scotland

Contact & Find Us. Fine Wines and Whisky from Scotland. For over 30 years, Luvians has been dedicated to providing the finest range of wines, malt whiskies, spirits and beer. Glenmorangie’s Beyond the Cask Bike Ride at Luvians. Burns’ Night Drams. A Dram for the Bard! What’s that panic in thy breastie? Could it be that you’ve drunk the house dry over Christmas and now find yourself painfully short of a cracking dram to toast a haggis? Still Got Something to Celebrate? Moet and Chandon, Non-vintage, was 3...