Dallas, TX – The Burns Firm Venture Partners (“TBFVP”) is pleased to announce that in December 2015, it served as the exclusive financial advisor on the sale of Lyman Pipe & Supply, Inc. (“LPS”) and LTS Transportation & Shipping, Inc. (“LTS”) to K&K Supply, Inc., a subsidiary of Custom Pipe and Coupling Co, Inc., a California based Company.  LPS and LTS are both based in Clovis, New Mexico.

LPS is a leading manufacturer of piping, tubing, shafting, casings, control valves, and screens throughout the Central and Southern United States. LTS is a captive transportation and shipping company servicing LPS and its operations. Custom Pipe and Coupling and K&K Supply are a full line manufacturer of intermediate vertical turbine pump products used primarily in the agricultural and municipal water well industry. They acquired 100% of LPS and LTS.

“The Burns Firm Venture Partners and The Burns Firm, Ltd have been invaluable and trusted advisors for our valuation, negotiation, and closing of the Lyman Pipe & Supply, Inc. sale to K&K Supply, Inc. a wholly owned subsidiary of Custom Pipe and Coupling Co., Inc.” notes Steve Lyman, LPS president.

“It has been a pleasure and honor to work with Steve Lyman and LPS for the past 2 years, Steve represents the American success story as he started in sales, worked his way through the ranks and finally bought the company. Now he is enjoying the fruits of his smart and hard work” stated Denis Burns, Managing Partner of TBVFP. 

About The Burns Firm Venture Partners: TBFVP is a Middle Market Investment Banking firm located in Dallas, Texas. Operating under the name The Burns Firm, Ltd. since 1995, TBFVP has sponsored platform transactions of lower middle-market companies throughout North America as well as add-on acquisitions. For further information on TBFVP, please visit www.theburnsfirmventurepartners.com. For further information on LPS and LTS, please visit http://www.lymanpipe.com.