Ducky Johnson Growth Equity

a leading provider of home elevation and general
contracting services in the disaster recovery market

has received an investment from

Background

Evangeline Securities (“Evangeline”) was engaged by Ducky Johnson Home Elevations (“Ducky Johnson”), an industry leader in home elevation headquartered in Harahan, LA, to identify institutional growth capital providers
Ducky Johnson grew to prominence through its exemplary home elevation work in New Jersey and New York after Superstorm Sandy devastated much of the tri-state area, and management wanted to expand into other states in need of its disaster recovery services
As a family-owned business for multiple generations, management was new to the institutional capital market, but sought a committed partner to prudently grow the business, enhance internal infrastructure and operations and develop a feasible long-term growth strategy

After performing a full valuation analysis for Ducky Johnson, Evangeline launched a robust auction process, personally contacting over 200 institutional players
The auction process proved extremely successful, leading to multiple term sheets from investors around the country, thus allowing Ducky Johnson to demand an optimal valuation despite investor concerns over recurring revenue and sustainability of growth

Ducky Johnson successfully closed a minority growth equity investment from Sachs Capital, out of Potomac, MD, at the high end of an impressive valuation range
Per the deal announcement, Ducky Johnson Co-Founder Daniel McKearan stated “Evangeline’s extraordinary diligence and financial expertise were critical in the successful completion of this transaction, and we are very pleased to actively grow our business with such a valuable partner like Sachs Capital”