Independent Investment Bankers Corp. Announces the Sale of Jviation Inc.

DENVER--(BUSINESS WIRE)--Independent Investment Bankers Corp. (“IIB”) is pleased to announce that Blake Nielsen and Todd Whitfield who are FINRA licensed investment bankers with IIB and Managing Directors of Black Iron Advisers have assisted their client, Jviation Inc., with the sale of the company to Woolpert.

Jviation, an airport planning, survey, architecture, engineering, and construction management firm headquartered in Denver, serves general aviation and commercial service airports, state aeronautics departments, as well as airline and related aviation business partners, providing comprehensive consulting services. By joining Woolpert, Jviation and its clients gain airport planning, engineering and architecture bench strength, in addition to innovative geospatial resources and expertise that include aerial and mobile lidar, subsurface utility engineering, unmanned aircraft systems, urban air mobility, and advisory and technology consulting. Jviation also gains access to Woolpert’s global architecture, engineering and geospatial (AEG) markets and services, which include energy, water, roads and bridges, information technology and advanced building design.

The acquisition of Jviation helps to expand Woolpert’s existing aviation service offerings as well as its geographic footprint in the western U.S.

Woolpert is committed to become the premier architecture, engineering, geospatial (AEG) and strategic consulting firm and is America’s fastest-growing AEG firm. With more than a century of experience, over 1,000 employees and 39 offices, Woolpert supports public, private, federal, and U.S. military clients around the globe.

For more information about this transaction, please contact Blake Nielsen or Todd Whitfield: www.blackironadvisers.com.

About Black Iron Advisers

Black Iron Advisers (BIA) is an investment bank specializing in sell-side M&A advisory based in Denver, Colorado. BIA takes a highly personalized approach to each transaction, looking to maximize not only the value but also the intangible factors that make a transaction a success. BIA principals have extensive experience with business services industries and focus on companies with EBITDA between $1mm and $5mm. Investment banking services and securities are offered through IIB. IIB and Black Iron Advisers are unaffiliated entities.

About Independent Investment Bankers Corp.

IIB is an SEC 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