CHICAGO, June 10, 2014 /PRNewswire/ — Lincoln International (“Lincoln“), a leading global mid-market investment bank, is pleased to announce that Joyce/Dayton Corp. (“Joyce” or the “Company”) has been sold by Fulham & Co. to Graham Holdings Company, a Washington, DC-based diversified education and media company whose principal operations include educational services, television broadcasting, cable systems and online, print and local news. Terms of the transaction were not disclosed.

Headquartered in Dayton, OH, Joyce is a leading supplier of screw jack and other linear motion systems. Joyce was founded by Jacob Joyce in 1873, when he began manufacturing an improved track jack for the growing railroad industry. The Company has focused on its current product lines for about 50 years, and its products are incorporated into equipment used in solar energy generation, satellite antennas and natural gas fracking.

Lincoln acted as exclusive financial advisor to Joyce in this transaction, working closely with its management team throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.

About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With sixteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest.

Media Contact: Lindsey Jodts
(312) 506-2743
ljodts@lincolninternational.com

Photo – http://photos.prnewswire.com/prnh/20140609/116251

SOURCE Lincoln International