News

Jordan Knauff & Company Selected as Finalist for 2019 Equity Financing Deal of the Year

November 19, 2019

Jordan Knauff & Company (JKC) is pleased to announce that it has been selected as a Finalist for the 2019 Equity Financing Deal of the Year by The M&A Advisor for its work with Energy Distribution Partners (EDP) on the closing of $22.8 million in Subordinated Senior Preferred Equity commitments to continue the support of EDP’s business plan.

During the capital raise process, JKC worked with EDP and its current lenders to: (1) design a new class of security that would be attractive to both current and new investors; (2) preserve the current ownership structure; and (3) maximize the capital flexibility by accepting capital commitments to be drawn at EDP’s discretion. JKC targeted a specific network of family offices, high net worth individuals, and small and mid-size insurance companies to raise the required commitments.

EDP has built its reputation as a creative, flexible and responsive buyer of retail propane distribution operating assets which has led to additional acquisition opportunities across the energy sector. The additional equity commitments will empower the Company to continue aggressive implementation of its business plan.

All Finalists for the 18th Annual M&A Advisor Awards were selected by an independent panel of judges from a pool of qualified nominees. Other finalists in the Equity Financing Deal of the Year category include the following:

  • Majority Recapitalization of DistroKid by Silversmith Capital and Spotify
  • Series E Minority Financing of GoCardless Led by Adams Street Partners and Google Ventures
  • Series E Financing of Marqeta led by Coatue Management
  • Series A Minority Financing of Checkout.com led by Insight, DST, GIC, Ribbit and Blossom Capital
  • Majority Recapitalization of SchoolAdmin by Quad Partners

 

About Jordan Knauff & Company

Jordan Knauff & Company is a knowledgeable and experienced provider of a comprehensive line of investment banking services to private companies. Our services include selling companies, raising debt and equity capital, acquisition advisory services, and strategic business services to companies in a variety of industries, including among others, energy logistics and distribution, flow control (pumps, valves, filtration), and building products and services. Typical transaction sizes range from $10 million to $650 million in total consideration.

Mr. G. Cook Jordan, Jr., Co-founder and Managing Principal, has over 30 years of private equity and investment banking experience, and seven years of executive and operations experience in middle-market companies. JKC’s entire professional team have spent their careers in the middle-market and offer that expertise and knowledge to their clients. It is their mission to provide the best transaction advisory services along with in-depth industry specific research to middle-market companies and the entrepreneurs who lead them.

For further information on this transaction or Jordan Knauff & Company, please contact Mr. G. Cook Jordan, Jr., at cj@jordanknauff.com / 312-254-5901 or Mr. David A. Kakareka, Vice President of Transaction Management, at dkakareka@jordanknauff.com / 312-254-5907. JKC is a member of FINRA.

Equity Capital Raise


Chicago, Illinois


has closed on Subordinated Preferred Equity commitments of $22.8 million
The Undersigned represented the Issuer
Related Award ❯

2019
Finalist for Equity Financing Deal of the Year (2019)

Finalist for Equity Financing Deal of the Year (2019)
The Mergers & Acquisitions Advisor
Recipient: JKC