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July 2, 2020

Cyprium Partners’ Michael Conaton: Get Ready For EBITDAC

Cyprium Partners co-founder MIchael Conaton discusses where he thinks investors will look when they begin scrutinizing deals as the economy starts to recover and the rise of EBIDTA before COVID....

By Adam Burroughs and Mark Scott

June 25, 2020

Cyprium Partners makes non-control investment in Chief Enterprises Holding

Cyprium Investment Partners has completed a new preferred equity and subordinated debt investment in Chief Enterprises Holding LLC...

By Adam Burroughs

June 19, 2020

Bravo Wellness Acquires PUSH Wellness

Cleveland-based Bravo Wellness has acquired Chicago-based PUSH Wellness. The companies both provide personalized, progress-based health improvement goals that materially reward each program participant....

By Michael Marzec

June 12, 2020

Howard & Howard’s Dan Cotter: Don’t Wait To Make A Business Interruption Claim

Many companies will be taking a harder look at their business interruption and disaster recovery insurance coverage in the wake of COVID-19, says Dan Cotter, an attorney with Howard & Howard....

By Dustin S. Klein & Mark Scott

June 8, 2020

Wintrust’s Paul Carlisle: Investors Who Weather Pandemic Will Find Deal Opportunities On Other Side

Paul Carlisle discusses how investors view the current deal market and what business owners can do to prepare for the second half of the year....

By Dustin S. Klein & Mark Scott

May 26, 2020

Cresco Labs Reaches Deal To Acquire Four Ohio Cannabis Dispensaries

Completion of the transaction is subject to approval by the Ohio Board of Pharmacy. Upon closing, Cresco would have a total of five dispensaries in Ohio – the maximum allowed by the state....

By SBN Staff

May 15, 2020

Prairie Capital’s Ken Serwinski: Dealmakers Continue To Operate With An Abundance Of Caution

Buyer’s market, or seller’s market? In this time of global pandemic, how about neither, says Prairie Capital Advisors Co-founder and Chairman Ken Serwinski....

By Dustin S. Klein & Mark Scott

May 8, 2020

Conco sold to Rising Point Capital

Chicago-based Rising Point Capital has acquired Conco Holdings, which is located in the Pittsburgh area. Tecum Capital Partners and UMB Capital Corp. provided subordinated debt and equity. The investor group also partnered with the Saxon-Godish Family and existing management team, who will remain with Conco and retain a significant stake....

By Jayne Gest

April 23, 2020

Greg Achten: Strategic Tips On How To Manage Your Investments In The Wake Of Economic Crisis

Liquidity is often an elusive goal in the wake of an economic downturn. As business owners and investors try to collect themselves in the wake of the COVID-19 pandemic, Greg Achten has found that many of his clients at UBS are in decent shape....

By Dustin S. Klein & Mark Scott

March 19, 2020

Banner Solutions’ Brendan Deely: Kick The Tires A Little Harder To Find The Right Deal

Dominating strategy always wins out over dominant personalities as Brendan Deely is assessing potential acquisition targets....

By Mark Scott

March 4, 2020

John Rowady: Why It’s OK To Be Selfish As You Consider Your Company’s Future

Selling your company is a big deal. It’s OK to put your own interests first in pursuit of your desired goals, says rEvolution’s John Rowady....

By Mark Scott

March 3, 2020

PPG completes Alpha Coating Technologies purchase

Pittsburgh-headquartered PPG has completed its acquisition of Alpha Coating Technologies LLC, a Chicago manufacturer of powder coatings for light industrial applications and heat sensitive substrates....

By Jayne Gest

February 26, 2020

Crash Champions buys Auto Body Collision & Glass

Crash Champions, a Chicago-based collision repair group, will acquire Auto Body Collision and Glass, a three location collision group in Columbus. Crash Champions will begin operations at these locations on March 2. The transaction marks the first out-of-state acquisition for the organization....

By Jayne Gest

February 20, 2020

TMA’s Scott Y. Stuart: Tips For Navigating The Risky World Of Distressed Investments

As you consider investing in or buying a company that is in a tough spot, you need to be honest about the situation....

By Mark Scott

February 6, 2020

Dean Zayed: Ready To Deal, Not Ready To Walk

Dealmaking provides options. Darryl Ronconi and Dean Zayed found a way to sell a majority interest in Brookstone Capital Management and retain a strong voice in the company moving forward....

By Mark Scott

February 5, 2020

PPG to buy Alpha Coating Technologies

Pittsburgh-headquartered PPG has agreed to acquire Alpha Coating Technologies LLC, a West Chicago manufacturer of powder coatings for light industrial applications and heat sensitive substrates....

By Jayne Gest

February 5, 2020

A. Stucki Co. parent company buys Salco Products

Stone Canyon Industries Holdings LLC’s SCI Rail Holdings LLC has — through its subsidiary, A. Stucki Company in Moon, Pennsylvania — has acquired Salco Products Inc. The acquisition of Salco, which is based in a Chicago suburb, broadens SCI Rail’s freight car product offering and expands its customer reach....

By Jayne Gest

January 23, 2020

Cresco Labs Enters Into Senior Secured Credit Agreement

Cresco Labs has entered into a non-brokered credit agreement for a senior secured term loan in an initial aggregate principal amount of up to $100 million, with a mutual option to increase the size of the facility to a maximum of $200 million....

By Mark Scott

January 23, 2020

Frontenac’s Ronald W. Kuehl: Find Ways To Create Value, Then Execute Your Plan

Frontenac's Ronald W. Kuehl focuses on investments in the commercial, industrial and business service sectors, using a mix of patience and urgency to find good deal opportunities....

By Mark Scott

January 22, 2020

Walton Street Capital, CT Realty Acquire Columbus, Ohio Parcel

CT acquired the 382-acre property in a joint venture with Walton Street Capital, a Chicago-based private equity real estate investment firm that has invested over $11 billion in real estate equity....

By Mark Scott

January 22, 2020

Tenth And Blake Buys Detroit-Based Atwater Brewery

Tenth and Blake Beer Co. is the Chicago-based U.S. craft division of Molson Coors Beverage Co. Atwater Brewery is highly regarded in the Michigan craft beer community for its traditional German-style lagers and unique ales....

By Mark Scott

January 21, 2020

Wynnchurch Capital Closes Fund V At $2.277B

The fund, which had a target of $1.6 billion, was significantly oversubscribed, resulting in the fund reaching its hard cap and closing quickly after its initial launch in September 2019....

By Mark Scott

January 21, 2020

Reynolds Consumer Products Sets IPO Terms

The company has applied to list its shares of common stock on the Nasdaq Global Select Market under the ticker symbol “REYN.”...

By Mark Scott

January 21, 2020

Cerity Partners, Sullivan & Serwitz Merge

Cerity Partners has merged with Los Altos, California-based wealth management firm Sullivan & Serwitz. With this merger, Cerity Partners now manages approximately $26 billion in assets....

By Mark Scott

January 20, 2020

Samya.AI Raises $6M In Seed Funding Led By Sequoia India

Samya.AI is an enterprise revenue growth AI SaaS company headquartered in Chicago with offices in London and its main product and R&D center in Bangalore, India....

By Mark Scott

January 16, 2020

LaSalle Network’s Tom Gimbel: Entrepreneur Still Searching For The Right Deal

The decision to make a deal is often a matter of perspective, says LaSalle Network’s Tom Gimbel....

By Mark Scott

January 15, 2020

Amynta Completes Deal To Buy American AutoGuardian

The AAGI acquisition is expected to further solidify Amynta's market leading position, now serving approximately 15,000 dealerships in the U.S. and Canada....

By Mark Scott

January 15, 2020

May River Capital Buys NSL Analytical Services

Under the leadership of Larry Somrack, NSL has grown to approximately 75 employees serving over 1,700 customers globally from two locations in Warrensville Heights, Ohio....

By Mark Scott

January 14, 2020

Wynnchurch Capital-Backed Midland Industries Buys Stainless Adapters Inc.

SAI CEO Michael Baker will join Midland as general manager of the company’s new Houston distribution center, which is slated to open in the spring of 2020....

By Mark Scott

January 14, 2020

Cerity Partners Merges With NY-Based EMM Wealth

With this merger, Cerity Partners now manages approximately $26 billion in assets. EMM Wealth has taken on Cerity Partners' name and branding....

By Mark Scott

January 14, 2020

Ice Mobility Buys Mobileistic

Lincolnshire-based Ice Mobility has acquired assets of Grand Prairie, Texas-based Mobileistic LLC, a distributor and manufacturer of mobile device accessories....

By Mark Scott

January 13, 2020

WESCO and Anixter to merge

Anixter International Inc. has agreed to allow Pittsburgh-based WESCO to buy Chicago area-headquartered Anixter in a transaction valued at approximately $4.5 billion. The transaction will deliver greater scale with an enhanced geographic footprint and supply chain services in the industries of network and security, electrical and electronic, and utility power....

By Jayne Gest

January 13, 2020

Middleby Buys RAM Fry Dispensers

The Middleby Corp. announced the acquisition of RAM Fry Dispensers, a business unit of Automated Equipment LLC based in Red Wing, Minnesota. RAM is an industry leader in automated frozen fry dispensing equipment....

By Mark Scott

January 9, 2020

Americaneagle.com’s Michael Svanascini: When Customer Acquisition Wins Out Over Cultural Fit

While cultural fit is often critical to achieving a successful acquisition, it’s not mandatory, says Americaneagle.com’s Michael Svanascini....

By Mark Scott

January 9, 2020

CG Life Buys Colorado-Based The Market Element

CG Life is integrating The Market Element team to serve clients in a variety of ways, from developing campaign strategies to creating and executing digital architectures....

By Mark Scott

January 9, 2020

WESCO revises Anixter proposal in bidding war

Pittsburgh-headquartered WESCO International Inc. submitted an improved proposal to the board of Anixter International to acquire the Cook County, Illinois, company for $100 per share in cash and stock....

By Jayne Gest

January 9, 2020

Riverside buys ImPact Applications

Itasca, Illinois-based Riverside Insights, a portfolio company of Alpine Investors, has acquired ImPACT Applications Inc., a Pittsburgh provider of research-backed concussion assessments....

By Jayne Gest

January 8, 2020

Chicago’s Wolff Landscape Architecture To Join Confluence

The Chicago expansion is one part of two simultaneous acquisitions by Confluence. The firm is also adding Land Elements, an award-winning landscape architecture firm in Fargo, North Dakota....

By Mark Scott

January 8, 2020

Cresco Closes Deal To Buy Origin House

With the closing of the deal, Cresco has significantly increased its footprint and accelerated its entry into the California cannabis market....

By Mark Scott

January 8, 2020

Network Services Co. Closes Deal With Strategic Market Alliance

The Schaumburg-based company expects to generate over $20 billion in revenue with over 130 distributor members and more than 900 locations in 52 countries....

By Mark Scott

January 8, 2020

Spencer Stuart Buys Boston-Based Cambria Consulting

This business is expected to operate as a distinct unit. It will retain its brand and be known as Cambria Consulting, a Spencer Stuart company....

By Mark Scott

January 8, 2020

Hub International Buys Briargate Insurance

Mike Ziegler, owner of Briargate Insurance, will join Hub Midwest....

By Mark Scott

January 8, 2020

Kaizen Health Completes Series B Funding Round

The investment is intended to support Kaizen Health's efforts to streamline the experience of ordering non-emergency, multi-modal medical transportation on behalf of patients, members, clinicians, staff and residents....

By Mark Scott

January 7, 2020

Chicago’s North Square to purchase McKee in Pittsburgh

North Square Investments, a Chicago multi-boutique manager with a range of equity product offerings, has agreed to acquire a majority interest in the business of C.S. McKee L.P., a full-service institutional money manager, headquartered in Pittsburgh....

By Jayne Gest

January 7, 2020

ADM Buys Brazil-Based Yerbalatina Phytoactives

Based in Brazil, Yerbalatina uses proprietary cool-drying technology to transform fruits, vegetables and other plants into a wide variety of extracts and ingredients for customers in the food, beverage and health industries....

By Mark Scott

January 7, 2020

M/C Partners Buys West Monroe Partners’ Managed Services Division

Wayne Kiphart has been appointed CEO and will be responsible for driving the company’s growth and long-term returns for stakeholders....

By Mark Scott

January 7, 2020

Wynnchurch Capital Invests In California Amforge

Located in Azusa, California, Amforge is a manufacturer of closed die, upset and rolled ring forgings for the aerospace & defense and oil & gas industries....

By Mark Scott

January 7, 2020

Frontenac buys Prime Technology Group

Frontenac, a Chicago-based private equity firm, has acquired Prime Technology Group, a provider of outsourced application development and managed software solutions for complex, highly regulated industries from Renovus Capital Partners....

By Adam Burroughs

January 7, 2020

Green Courte Partners Buys 10th Senior Living Community

GCP’s wholly owned senior living operator, True Connection Communities, will manage the community....

By Mark Scott

January 7, 2020

Hub International Buys BC-Based RHC Insurance Brokers

Headquartered in Nelson, British Columbia, Canada with nine additional offices across the province, RHC is an independent insurance brokerage that provides personal and business insurance....

By Mark Scott