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Independent Investment Bankers Corp. Announces the Sale of Teknon CorporationIndependent Investment Bankers Corp. ("IIB") is pleased to announce that Michael Bennett and Leif Johnson who are FINRA licensed investment bankers with IIB and partners of Liberty Ridge Advisors have assisted their client, Teknon Corporation (Teknon), with the sale of their controlling interest of their company to LINX, a Colorado-based national technology integration company serving the network cabling, audio visual, security integration, and wireless solutions markets. LINX has grown into one of the largest companies in the network cabling industry. Established in 2003, LINX has worked with more than 90 Fortune 500 clients. They are a three-time winner of the Denver Business Journal's "Top 10 Best Places to Work." LINX generated more than $98 million in revenue last year - up more than 40 percent from 2017. This purchase creates a combined $140M company with complimentary geographies and a better national footprint. Teknon will retain its management team, employees, and brand name that has 35 years of goodwill in the Pacific Northwest. They have approximately 100 employees and have been a market leader in the Puget Sound with a tremendous reputation for delivering world-class intrusion detection solutions to their clients since 1993. Teknon places a heavy value on heir employees with impressive Glassdoor reviews and Google (News - Alert) ratings for employee satisfaction and retention. For more information about this transaction, please contact Michael Bennett or Leif Johnson by visiting the Liberty Ridge Advisors website: www.libertyra.com. About Liberty Ridge Advisors Liberty Ridge Advisors assists businesses on capital transactions, including mergers, acquisitions, and recapitalizations. Liberty Ridge Advisors offers concentrated experience and expertise in key Pacific Northwest industries including: food products, aerospace, building materials and construction, general manufacturing and distribution, wine, and business and financial services. www.libertyra.com Investment banking services and securities are offered through IIB. IIB and Liberty Ridge Advisors are unaffiliated entities. About Independent Investment Bankers Corp. IIB is an SEC (News - Alert) registered broker dealer and FINRA/SIPC member that provides back office support services to boutique investment banking groups that are primarily engaged in assisting companies either sell their business to strategic or other institutional buyers or help companies raise expansion debt or equity capital from institutional financing sources. www.iibcorp.com View source version on businesswire.com: https://www.businesswire.com/news/home/20191210005127/en/ |
