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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

January 6, 2020

Kuvare Completes Deal To Buy Lincoln Benefit Life Co.

Based in Lincoln, Nebraska, LBL is the third operating U.S. life insurance business acquired by Kuvare since 2016....

By Mark Scott

January 6, 2020

Hub International Buys Cranbrook Bloomfield Insurance Agency

Headquartered in Bloomfield Hills, Michigan, CBIA is an independent insurance brokerage providing personal and commercial insurance, and employee benefits solutions to individuals and businesses....

By Mark Scott

January 3, 2020

Pinnacle Dermatology Buys Brighton Dermatology

The acquisition of Brighton Dermatology and its five providers is intended to further Pinnacle Dermatology’s commitment to serving the residents of the state of Michigan where it already operates 13 other dermatology clinic locations....

By Mark Scott

January 3, 2020

Clearcover Closes $50M Series C Funding Round

This round follows the company's $43 million Series B, which closed in January 2019, and brings Clearcover's total funding to more than $104 million since its 2016 founding....

By Mark Scott

January 2, 2020

The Clare At Rush And Pearson Sold To LCS

New York-based Fundamental Advisors LP announced the sale of The Clare at Rush and Pearson, a senior housing community in Chicago, to Des Moines, Iowan-based LCS, the nation's second-largest operator of senior living communities....

By Mark Scott

January 2, 2020

2020 Forecast: What To Expect For The Year In Dealmaking in Chicago

We spoke with LaSalle Network's Tom Gimbel, Sun Acquisitions’ Domenic Rinaldi and Cendrowski Corporate Advisors’ Harry Cendrowski to get their thoughts on what to expect from a dealmaking perspective in 2020....

By Mark Scott

January 2, 2020

Conagra Brands Completes Lender’s Bagel Divestiture

The transaction included the Lender's brand and related intellectual property, the production facility in Mattoon and inventory....

By Mark Scott

December 24, 2019

Culligan Buying AquaVenture Holdings for $1.1B

AquaVenture offers point-of-use filtered water systems and related services, as well as desalination and wastewater treatment products to governmental, municipal, industrial and hospitality customers....

By Michael Marzec

December 23, 2019

Chicago 2019 Dealmaking Year In Review

With 2019 just about over, we’re taking a look back at some of what we learned this year....

By Mark Scott

December 23, 2019

Sears Parent Company Sells DieHard Brand For $200M

Advance Auto Parts Inc. has acquired the DieHard brand from Sears parent company Transform Holdco LLC for $200 million utilizing cash on hand....

By Mark Scott

December 23, 2019

Act II Global, Merisant, MAFCO Worldwide Combine To Form Whole Earth Brands

The combined company expects to have an initial enterprise value of approximately $575 million, or 8.1x the Flavors Holdings’ estimated calendar year 2020 pro forma EBITDA of $71 million....

By Mark Scott

December 23, 2019

GCM Grosvenor To Buy Equity Interest In Long Ridge Energy Terminal

Chicago-based GCM will acquire the stake through its Labor Impact Fund, a vehicle focused on investing in infrastructure assets that rely on collaboration with labor to unlock opportunities and generate high-quality risk-adjusted returns....

By Mark Scott

December 19, 2019

Allstate To Phase Out Esurance Brand

Allstate's intent is to combine the Allstate, Esurance, Encompass and Answer Financial organizations into one business model. The Esurance brand will be phased out in 2020....

By Mark Scott

December 19, 2019

Dickson Completes Squeeze-Out Of Oceasoft

This transaction is considered to be fully in line with Dickson's strategy to accelerate its growth in the European and U.S. environmental monitoring markets....

By Mark Scott