FOR IMMEDIATE RELEASE
Richmond, VA – (April 25, 2008) Transact Capital is pleased to announce the acquisition of Jenkins Construction Management by Jeff Yoh of Charlotte, NC with support from Triangle Capital Corporation. Transact Capital served as the exclusive financial advisor to Jenkins Construction Management.
Originally founded in 1975, Jenkins Construction Management, Inc. provides insurance restoration services, focused on the reconstruction and repair of damages to residential and commercial buildings caused by fire, water, wind, storm, vandalism, or burglary. The Company has become one of the top service providers in Virginia and the surrounding region, a geographic market with over $400 million in homeowner’s insurance-covered losses annually.
According to Warren Jenkins, “Transact Capital did a great job helping us put a proper value on our business, as well as placing it before potential buyers and then working closely with us through the process right up to the actual sale. It was a roller coaster ride emotionally but Transact Capital rode with us to the very end!”
Transact Capital is an independent mergers and acquisitions advisory firm headquartered in Richmond, VA with offices in Roanoke, VA, Lexington, KY, and Orlando, FL. Transact focuses on the needs of small privately held companies with less than $100 million in revenues. With extensive experience in owning, running, or investing in private companies or divisions of public companies, the firm’s principals are able to help many business owners exit their companies or explore other opportunities.
To learn more about Transact Capital, please call Steve Zacharias at 804-323-6868 ext. 102 or send an e-mail to Steve at Steve@TransactCapital.com.
