Janney Advised IBS Millwork Holdings, Inc. on its sale to USA Millwork, LLC, a portfolio company of Ninth Street Capital Partners, LLC
December 19, 2018 – Janney Montgomery Scott LLC (“Janney”) is pleased to announce that it has served as the exclusive financial advisor to IBS Millwork Holdings, Inc. (“IBS Millwork”), an architectural millwork manufacturing and installation firm, to USA Millwork, LLC (“USA Millwork”), a portfolio company of Ninth Street Capital Partners, LLC. Founded in 1984 and headquartered in Manassas, Virginia, IBS Millwork’s one-stop shop capabilities and strong market presence in the Washington, DC metro area were key strategic drivers of the acquisition.
About IBS Millwork
IBS Millwork is an award winning commercial architectural millwork firm. Headquartered in the Washington, D.C. metro area, IBS Millwork has a staff of over 100 experienced and tenured employees. IBS Millwork performs in the mid to high-end interior custom architectural millwork for the commercial construction industry, with projects that showcase its clients’ facilities including atriums and lobbies.
Holland & Knight served as legal counsel to IBS Millwork and McDonald Hopkins served as legal counsel to USA Millwork.