Evangeline Securities LLC ("Evangeline") acted as the exclusive financial advisor to Ducky Johnson Home Elevations ("Ducky Johnson"), an industry leader in home elevation and general contracting services in the disaster recovery market, on a minority equity investment from Sachs Capital, a private equity firm based in Potomac, MD.
Ducky Johnson, headquartered in Harahan, LA, grew to prominence through its exemplary home elevation work in New Jersey and New York after Superstorm Sandy devastated much of the tri-state area. Sachs Capital provided growth equity to Ducky Johnson, which will allow the business to expand aggressively and address the ever-growing need for disaster recovery and prevention services across the U.S. Financial terms of the transaction were not disclosed.
Evangeline's "extraordinary diligence and financial expertise were critical in the successful completion of this transaction, and we are very pleased to actively grow our business with a such a valuable partner like Sachs Capital," said Ducky Johnson Co-Founder, Daniel McKearan. Evangeline representatives stated that they "greatly appreciated the opportunity to advise Ducky Johnson's exceptional management team and wish them continued success on their impressive growth trajectory."
About Evangeline Securities:
Evangeline Securities LLC provides investment banking services to lower middle market companies across a broad spectrum of industries. With offices in Lafayette and New Orleans, LA, the firm offers corporate finance, securities placement, M&A and restructuring expertise. Evangeline professionals bring their collective decades of experience to each assignment, having raised institutional capital and performed advisory services for deal sizes ranging from $10 million to over $100 million. For more information about Evangeline, please visit www.EvangelineSecurities.com.
About Ducky Johnson:
Ducky Johnson Home Elevations is a leading provider of home elevation and general contracting services in the disaster recovery market. Notably, the Company is actively involved in the recovery efforts related to Superstorm Sandy in both New Jersey and New York. Ducky Johnson Home Elevations is privately owned and headquartered in Harahan, LA. For more information on Ducky Johnson, visit www.duckyjohnson.com.
About Sachs Capital:
Sachs Capital, based in Potomac, MD, is a patient, sophisticated financial partner to its portfolio businesses, offering flexible, non-controlling capital to successful entrepreneurs. Sachs is a disciplined investor with a strong focus on valuation, business fundamentals, superior management and proper corporate governance. For more information on Sachs, visit www.sachscapital.com.
