JD Merit & Co. Advises Noorda BEC on its Sale to Flynn BEC L.P
JD Merit & Company, a leading middle market investment bank, is honored to have served as exclusive financial advisor to Noorda Building Envelope Contractor ("Noorda BEC") in its sale to Flynn Companies, L.P. ("Flynn").
By: JD Merit & Co
The acquisition of Noorda BEC will add over 400 dedicated employees to the Flynn team that share the same values and dedication to both their customers and the company alike. Chris Noorda stated, "I am excited to see the next level of growth and success for the Noorda team. Partnering with Flynn to better serve our clients and employees just made sense. I greatly appreciated JD Merit's expertise and guidance throughout this process and appreciated even more their attention to the intangible things that were important to me and my company, beyond just getting a deal done."
Joe Durnford, JD Merit Chairman, stated, "this combination made great sense because both Noorda and Flynn are pioneering the transition toward comprehensive building envelope solutions that deliver the reliability and accountability that commercial developers require." Nick DeVaney, President of JD Merit, also commented, "what ultimately excites me about this combination is the genuine alignment of both companies, not just their desire to be best in class for their customers but also for their employees. That commitment will continue to drive them forward as the industry leaders."
About Flynn Companies
Founded in 1978 in Winnipeg, Canada, Flynn began as a commercial roofing contractor. Over time, the Company turned to offering products and services for the entire building envelope. Since its founding, Flynn has fully expanded across North America and continues to offer premier building envelope contracting services for its diverse client base.
About JD Merit
JD Merit is a leading Boutique Investment Bank focused on serving middle market companies. JD Merit executes sell-side M&A, buy-side M&A, and capital advisory services with specific emphasis on the technology, automation, infrastructure solutions, telecom/ wireless, consumer goods and manufacturing sectors. In addition, JD Merit offers other Investment banking services such as debt and equity capital raises, restructuring advisory services, business valuations, and project financing. JD Merit Securities, member FINRA / SIPC, is a full-service Broker Dealer licensed in 50 states.
Learn more at www.JDMerit.com
President, JD Merit & Co