News
Jordan Knauff & Company Celebrates 25th Anniversary
It is with great pleasure that middle-market investment bank Jordan Knauff & Company (JKC) announces its 25th anniversary. The firm was founded on March 1, 2001, by Mr. G. Cook Jordan, Jr. and Mr. Thomas E. Knauff with a clear purpose: to provide experienced, professional, and sophisticated investment banking services to the middle-market of American business. For the past two and a half decades, JKC has been providing professional investment banking services to middle-market companies across the U.S.
JKC would like to thank its clients, legal, tax, and accounting partners, and staff members who have contributed to its commitment to delivering successful outcomes for American business owners and executives. Reflecting on the firm’s accomplishments, Mr. Jordan commented: “The greatest rewards from our work during the last twenty-five years are the contacts, relationships, knowledge, and experience gained from our clients and industry partners. It is to them that we owe our gratitude and our success to date. The middle-market is where the professionals in our firm have spent their careers, and we are proud to call ourselves investment bankers to the leaders of the middle-market companies and the financial entities that transact with them.”
JKC’s comprehensive experience as middle-market owners, managers, investors, and investment bankers enables it to provide professional services in a manner that best ensures successful outcomes for its clients, regardless of the type of financial advisory service undertaken: selling a company, raising debt or equity capital, advising on an acquisition or a series of acquisitions, determining company-specific valuations, and rendering various strategic advisory services. A representative sample of the firm’s successes over the past twenty-five years is highlighted below.
- Liberty Propane, LP (Liberty): a consolidator of retail propane distribution companies, was founded by JKC and company management in 2003. Serving as investment banker, JKC authored the business plan, assembled the management team, raised the initial debt and equity capital ($50.0 million), and was instrumental in raising further capital ($50.0 million in equity and $75.0 million in debt). Through 26 acquisitions, Liberty grew to become the ninth-largest retail propane distributor in the United States. In 2009, Liberty was sold to Inergy, LP (NASDAQ: NRGY) for approximately $234.0 million.
- Roanoke Companies Group, Inc. (Roanoke): a leading manufacturer and marketer to mass retailers, professional distributors, and original equipment manufacturers of a comprehensive and proprietary line of construction chemical products and related tools and accessories used in the installation and repair of flooring systems. In 2006, Roanoke was sold to H.B. Fuller Company (NYSE: FUL) for approximately $270.0 million.
- Mexican Cheese Producers, Inc. (MCP): a leading manufacturer of premium branded Mexican and Hispanic cheese products. The company was experiencing difficulty obtaining funding due to its complicated structure. JKC was able to restructure the company and consolidate all assets into a single entity, facilitate the repurchase of a minority stake, raise $11.0 million of expansion capital, and negotiate the cancellation of a purchase option. In 2007, MCP was sold to a subsidiary of ALFA, S.A.B. de C.V. (Bolsa Mexicana de Valores: ALFA and OTC OTHER: ALFFF.PK).
- Dynapower Corporation (Dynapower): a global leader in the design, manufacture, and service of custom AC and DC power supplies, bi-directional inverters for energy management systems, and power transformers. The company delivers fully integrated power system solutions by producing and supplying major subassemblies and services that are designed and built in-house. In 2012, Dynapower was sold to Pfingsten Partners, LLC.
- Energy Distribution Partners (EDP): a leading distributor of propane and light fuels, was co-founded in 2012 by JKC, who also served as the investment banker of record, responsible for raising over $170.0 million in debt and equity capital. After the consolidation of 26 acquisitions, EDP became the eleventh-largest retail propane distributor and one of the top ten independent multi-state propane marketers in the U.S. In 2020, EDP was sold and recapitalized by Pritzker Private Capital and Duchossois Capital Management.
- BH Equities (BH): a fully integrated acquirer, renovator, and manager of multifamily communities in select regions in the United States. BH grew to become one of the largest private multifamily property owners and managers in the country. JKC assisted BH in raising equity capital for four funds, closed in 2014, 2015, 2016, and 2018, respectively.
- iOR Holdings, Inc. (iOR): an evolutionary business concept in ophthalmology, which comprises the movement of ophthalmic lens replacement surgery (cataracts, et al.) from hospitals and ambulatory surgery centers into ophthalmic surgeons’ offices. JKC assisted iOR with the development of the business plan, raised start-up equity capital and four succeeding rounds of equity capital, and negotiated and closed a working capital line of credit. JKC serves as the investment bank of record, providing ongoing advisory services to the company.
- 9606-Ácies (Ácies): a real estate investment firm specializing in acquiring, managing, and renovating value-add logistics properties throughout the U.S. The firm was formed to capitalize on an investment thesis within specific, institutionally overlooked subcategories of logistics real estate that stand at the center of e-commerce growth, including: middle-mile and last-mile distribution warehouses, industrial service facilities, and industrial outside storage. JKC assisted Ácies in raising equity capital for two funds, closed in 2022 and 2025, respectively.
In addition, JKC has been a consistent recipient of recognition awarded by independent North American and European financial services publications and investment banking industry associations for excellence in the provision of domestic and international investment banking services and the outstanding performance of its personnel. To review many of the firm’s honors and designations over its 25-year history, click here.