Berkery Noyes Represents The Gordian Group, Inc. in Its Sale to The Wicks Group of Companies, L.L.C.

    NEW YORK, Dec. 12 /PRNewswire/ -- Berkery Noyes, a leading independent
 investment bank serving the media, information and technology markets,
 announced that it represented The Gordian Group, Inc. (Gordian), in its
 sale to The Wicks Group of Companies, L.L.C. (Wicks). Gordian, based in
 Greenville, South Carolina, is the sole provider of a full-service Job
 Order Contracting solution for facility owners in both the public and
 private sectors. Wicks is a leading private equity fund that invests in
 selected segments of the communications, information and media industries.
 Terms of the transaction were not disclosed.
 
     "This transaction reflects the high value the market places on
 proprietary information solutions," said Mary Jo Zandy, Managing Director
 of Berkery Noyes. "Gordian is a unique Company and an ideal acquisition for
 Wicks with its distinguished record of investing in innovative, leading
 information businesses."
 
     Robert Coffey, President of the Gordian Group, said, "We are excited
 about the experience and leadership that Wicks brings to Gordian with this
 acquisition. It will allow us to focus our attention on Gordian's growth
 while maintaining a very high level of customer service. We look forward to
 expanding our leadership position in the area of construction procurement
 and construction cost data with a focus on saving facility owners
 considerable time and money."
 
     Daniel Kortick, Managing Partner of The Wicks Group, said, "We are very
 excited about this acquisition and how Harry, Robert and the entire Gordian
 team have positioned the company for future growth. We believe that very
 favorable opportunities are present with facility owner as they seek
 efficient and cost effective ways to maintain their infrastructure and real
 property. We could not be more pleased with the foundation upon which we
 plan to build."
 
     About Berkery Noyes -- Berkery Noyes acted as financial advisor to The
 Gordian Group, Inc., and represented it in its negotiations with The Wicks
 Group of companies, L.L.C. Berkery Noyes has been involved with many
 notable transactions in the academic publishing, information, and software
 sectors, including those involving Ericsson's purchase of Mobeon, Fidelity
 Ventures purchase of Asset Control, and Leeds Instructions purchase of
 eInstruction. For more information, visit: www.berkerynoyes.com
 
     About The Gordian Group -- The family of contracting systems known as
 Job Order Contracting ("JOC") was invented by Gordian's co-founder and
 Chief Executive Officer, Harry H. Mellon, in 1981 while he was serving as
 Chief Engineer for NATO operations in Europe. In 1990, Mr. Mellon and
 Robert Coffey, Gordian's President, founded Gordian in order to develop,
 implement and support JOC programs for public sector real property owners.
 Since that time, Gordian has grown its active client base to over 100
 facility owners, who utilize JOC in the procurement of over $1.0 billion in
 repair and alteration construction needs. For more information, visit:
 www.gordian-group.com
 
     About The Wicks Group of Companies, L.L.C. -- manages private equity
 funds that invest in selected segments of the communications, information
 and media industries. Such funds currently own or have owned companies in
 educational publishing, consumer publishing, medical information services,
 community newspapers, radio broadcasting, television broadcasting, magazine
 publishing, outdoor advertising, newsletter publishing, and cable
 television distribution. For more information, visit: www.wicksgroup.com
 
 
 

SOURCE Berkery Noyes