Janney Advises JCM Industries On Its Sale To A.Y. McDonald

Janney Montgomery Scott served as advisor to JCM Industries (“JCM”) in its deal to be acquired by A.Y. McDonald (“AY”), a leading manufacturer of water works, plumbing, pumps, and natural gas products.

JCM was founded in 1976 and is a leading water/wastewater fittings manufacturer. JCM’s fabrication methods along with its sales and marketing strategies changed the marketplace by providing quality fabricated fittings in a fraction of what had been the standard time for decades.

For nearly 50 years, JCM has set the standard in the pipe fittings industry with its product quality and just-in-time delivery capabilities. With AY’s commitment to investing in JCM’s people and product lines, the Company will be even stronger and more successful in the years ahead.

About JCM Industries
JCM Industries, Inc., founded in 1976, is a leading water/wastewater fittings manufacturer with their headquarters and manufacturing facility located in Nash, Texas.

About A.Y. McDonald
A.Y. McDonald Mfg. Co., founded in 1856, is a leading manufacturer of water works, plumbing, pumps, and natural gas products with their headquarters, brass foundry, and manufacturing plant located in Dubuque, IA. Additional plant locations are in Albia, IA, and Elizabethton, TN.

About the Infrastructure & Energy Group at Janney
Janney’s Infrastructure & Energy Group is uniquely qualified to help public and private companies navigate the complex and evolving infrastructure and energy space. With a long-term focus on building relationships and providing superior service, our specialized team is committed to delivering equity and debt capital raising and advisory services to advance client objectives. Our senior professionals possess deep sector knowledge and a proven track record of execution. We have profound experience serving clients throughout the Utilities, Water, Energy, Energy Transition, and other related sectors.

About Janney Investment Banking
Janney’s Investment Banking practice is a leader in middle-market advisory and financing solutions. We place a high value on our consistent track record of delivering solutions and results to our clients. Since 2015, we have completed over 630 transactions aggregating over $85B in transaction value. We work with clients on a highly personalized basis, providing exceptional service, commitment, and senior-level attention.

About Janney
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.