Knox & Co. Announces National Pipe & Plastics,
FOR IMMEDIATE RELEASE
Knox & Co. represents National Pipe & Plastics, Inc. in
its acquisition by its management.
Westport, CT, December 17, 2004 – Knox & Co., and its
affiliates, including Knox Securities Corp. (jointly herein after
“Knox & Co.”), a leading investment banking firm
on middle-market and cross-border mergers and acquisitions, today
announced that it advised National Pipe & Plastics, Inc. (“NPP”)
in its acquisition by its President. The President closed on the
purchase of all of the stock of NPP on December 17, 2004. NPP is
one of the largest suppliers of polyvinyl chloride (PVC) pipe in
North America with annual revenues in excess of $120 million. The
Company manufactures and distributes PVC pipe, predominantly on
the eastern seaboard of the United States, from its two locations
in Vestal, New York and Colfax, North Carolina. Mitsubishi Securities
(USA), Inc. and Knox & Co., jointly acted as exclusive financial
advisor to NPP. The team of bankers on the transaction included
Jeffrey Gaynor, Managing Director at Knox, Tomo Watanabe and Mark
Campbell, Vice Presidents with Knox, Yasushi Itagaki, Vice President
and Manager at Mitsubishi Securities and Shunsuke Yatani, Vice President
with Mitsubishi Securities. Transaction value was not disclosed.
Knox & Co. is an investment banking, consultancy and advisory
firm specializing in two complementary advisory disciplines: Investment
Banking and Corporate Reorganization. With its office in Westport,
Connecticut, the firm undertakes assignments throughout North America
and, when necessary, abroad. The firm enjoys a strategic alliance
with Mitsubishi Securities Co., Ltd. (“MSC”), the core
securities company in Mitsubishi Tokyo Financial Group (“MTFG”).
Together, Knox and MSC have more than 80 M&A professionals capable
of handling transactions around the globe and, together are the
leading investment bank for middle-market, cross-border assignments
involving a Japanese principal.
Knox & Co. (www.knoxandco.com) has advised on more than 100
middle-market merger and acquisition and advisory assignments since
its inception, with in excess of $2 billion in transaction value.
The firm’s principals have worked on cumulative transactions
in excess of $15 billion.