CHICAGO (Dec. 3, 2013) – Jordan, Knauff & Company (JKC) was honored to receive the 2013 Energy Services & Manufacturing Deal of the Year award at the Americas M&A Atlas Awards recently in New York. The Americas M&A Atlas Awards recognize outstanding achievements of firms and individuals in the middle-market mergers and acquisitions (“M&A”) industry throughout North and South America. JKC was recognized for its role as exclusive financial advisor to Dynapower Company, LLC (“Dynapower”), in connection with its sale to Pfingsten Partners, LLC. Dynapower required an advisor that could properly articulate the company’s entrenched position in legacy markets as well as its potential growth from a promising new market. The company’s owners selected JKC to represent them in this transaction because of JKC’s reputation for delivering high quality, innovative M&A advice to middle-market companies and its extensive experience in the manufacturing and energy sectors. Dynapower is a diversified, industry leading manufacturer of power transformers, rectifiers and bidirectional inverters that convert electricity between alternate current (AC) and direct current (DC). Dynapower’s superior technological expertise and mission critical product offering make it a global leader in the power conversion and energy management systems markets. JKC was instrumental in keeping the market interested and engaged in the deal throughout a lengthy sale process that was impacted by negative exogenous events. In the end, JKC was able to overcome these challenges, revise the selling strategy from its original mission of partnering with a strategic buyer, identify a blue chip financial buyer and close the deal within a 70-day period. Dynapower is now uniquely positioned to capitalize on new market opportunities in smart grid energy storage as well as increase market share in its core power supply end markets both domestically and internationally. “We are immensely proud of this transaction. Our entire Dynapower team did an outstanding job in creating a process that worked through a number of challenges and realized significant value for our client,” stated Mr. G. Cook Jordan, Jr., Managing Principal at JKC. “This award recognizes JKC’s creative solutions and unmatchable experience in the middle-market, both of which differentiate us from our peers,” he continued.
Tue, 12/03/2013 - 00:00