Janney Montgomery Scott LLC is pleased to announce that it has served as the exclusive financial advisor to IBS Millwork Holdings, Inc., an architectural millwork manufacturing and installation firm, to USA Millwork, LLC, 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.

About Janney's Business Services Investment Banking Team

Janney's Business Services Investment Banking Team provides a wide range of investment banking, financial advisory and restructuring services to meet the needs of our Clients. The Team has a culture of unparalleled work ethic and impact, with over 50 transactions completed since 2009 with an aggregate deal value in excess of $1 billion. Averaging more than 20 years of experience each, our senior leadership possesses deep strategic and private equity relationships and is highly involved in the day-to-day delivery of client services.

About Janney

Established in 1832, Janney Montgomery Scott LLC is a leading full-service investment banking and financial services firm serving individual, corporate, institutional and government clients. Janney is an independently operated subsidiary of The Penn Mutual Life Insurance Company, one of the 15 largest mutual insurance companies in the nation, and is a member of the New York Stock Exchange, Financial Industry Regulatory Authority and the Securities Investor Protection Corporation.

Janney's Investment Banking Team

Janney’s Investment Banking practice is a leader in middle-market financing solutions. We place a high value on our consistent track record of delivering solutions to our clients. Since 2009, we have completed 605 transactions aggregating $85B in transaction value. We work with clients on a highly-personalized basis, providing exceptional service, commitment and senior level attention.