LUTZ BUSINESS INSIGHTS

 

Lutz M&A Advises Nifco Mechanical Systems on Recent Sale

BILL KENEDY, LUTZ CONSULTING AND M&A SHAREHOLDER

Lutz M&A announced that it served as the exclusive sell-side financial advisor to Nifco Mechanical Systems, Inc. (Nifco) in connection with its recent sale to an Omaha-based family business. The transaction closed on Jan. 4, 2016.

Lincoln, Nebraska based Nifco was founded in 1975. The company specializes in the design, installation, service and inspection of fire sprinkler and industrial piping systems. Nifco offers specialized service in all phases of industrial piping and plumbing, ranging from high-tech orbital stainless steel welding to underground service-line repair. 

The acquisition is not expected to materially change the business. “For over 40 years, Nifco has been known for taking pride in their reliable service, craftsmanship and knowledgeable tradesmen with their fire sprinkler and mechanical piping solutions,” said a representative from the new ownership group.  “We will continue to deliver and represent the fine brand of Nifco Mechanical Systems.”

Commenting on the transaction for Lutz M&A, Bill Kenedy said, “We were pleased to be working with the Nifco team and its new ownership group on its recent sale. The company’s industry-leading expertise, highly skilled workforce and outstanding track record all bode well for Nifco’s future. We are glad we could help this successful company as it enters its next phase.”

About Lutz M&A, LLC: Lutz M&A is a Nebraska-based mergers and acquisitions advisory firm, serving lower middle-market businesses in the Midwest across a range of industries. Lutz M&A is committed to providing its clients with a comprehensive, skilled and professional marketing process not typically available to smaller market companies.

About Nifco Mechanical Systems:  Lincoln, Neb.-based Nifco Mechanical Systems is a fire sprinkler and industrial piping contractor, providing services for over 40 years. The company specializes in the service, design, installation, inspection and maintenance of commercial fire sprinkler and industrial piping systems. Nifco’s expertise ranges from precision machining to computer-aided design, with experience in all phases of industrial piping systems.

ABOUT THE AUTHOR

bill kenedy

402.492.2132

bkenedy@lutz.us

BILL KENEDY + LUTZ CONSULTING AND M&A SHAREHOLDER

Bill Kenedy is a Lutz Consulting and M&A Shareholder at Lutz. He specializes in business valuation, litigation support, and merger and acquisition advisory services.

AREAS OF FOCUS
AFFILIATIONS AND CREDENTIALS
  • American Institute of Certified Public Accountants, Member
  • Nebraska Society of Certified Public Accountants, Member
  • Certified Public Accountant
  • Accredited in Business Valuation
  • Certified in Financial Forensic
  • Certified Exit Planning Advisor
EDUCATIONAL BACKGROUND
  • BSBA in Accounting, St. John’s University, Collegeville, MN
COMMUNITY SERVICE
  • Construction Financial Management Association, Past Treasurer, Board Member
  • A Time to Heal (non-profit focused on cancer patients), Past Board Member

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