4/19/2023 - For most business owners, selling their company will be the largest financial event of their life. We often hear stories about business owners attempting to go through the transaction process alone to save money on specialty advisors. Unfortunately, all too often this results in deals either falling through or resulting in much lower prices or worse terms than working with a team of advisors would have yielded. Read More

4/2/2023 - A recent article on Mergers & Acquisitions discusses the importance of relying on a strong management team to get more deals done. The article touches on Warburg Pincus backed company, Infinite Electronics, a supplier of electronic parts. Infinite Electronics recently completed two acquisitions in their space that clearly align with the overall strategy the company had set forth with their sponsor partner. Read More

3/17/2023 - Receiving an unsolicited offer for your business can be an exciting yet anxiety-inducing development. The concept of “taking chips off the table” or a liquidity event is something many business owners and entrepreneurs keep in the back of their mind, but until it becomes a reality, it is difficult to fully prepare for this situation and how to navigate it. If a competitor calls and expresses an interest in purchasing your company, there are a number of ways to proceed. Read More

3/17/2023 - Minneapolis, Minnesota – Quazar is pleased to announce its client, TC Pallet, Inc. (“Twin City Pallet” or “Company”), has been acquired by Kamps, Inc. (“Kamps”), a Grand Rapids, Michigan-based full service national pallet company. Kamps has been majority owned by private equity firm Freeman Spogli & Co. since 2020. Quazar acted as Twin City Pallet’s exclusive financial advisor in the transaction, and Larkin Hoffman served as legal counsel. The transaction closed on February 27, 2023, and terms of the transaction were not disclosed. Read More

Minneapolis, Minnesota – Quazar is pleased to announce its client, PromoAdvantage Marketing Group, LLC (“PromoAdvantage” or “Company”), has been acquired by Boundless Network, Inc. (“Boundless”), an Austin, Texas-based promotional products distributor. Boundless is a portfolio company of private investment firms Treaty Oak Equity LLC (“Treaty Oak”) and Point Rider Capital Management LLC (“Point Rider”). Quazar acted as PromoAdvantage’s exclusive financial advisor in the transaction, and Winthrop & Weinstine served as legal counsel. The transaction closed on December 9, 2022, and terms of the transaction were not disclosed. Read More

Minneapolis, Minnesota – Quazar is pleased to announce Bid Ocean, Inc. (“Bid Ocean”) and North America Procurement Council, Inc. PBC (“NAPC,” together with Bid Ocean, the “Companies”) have been acquired by BCI Central (“BCI”), a US-based operating subsidiary of Byggfakta Group (OM: BFG) (“Byggfakta”), a publicly traded software company headquartered in Ljusdal, Sweden. Quazar acted as the Companies’ exclusive financial advisor in the transaction, and Winthrop & Weinstine served as legal counsel. The transaction closed on November 18, 2022, and terms of the transaction were not disclosed. Read More

Minneapolis, Minnesota – Quazar is pleased to announce its client, Bonnett Partners, a Minneapolis-based family office, has acquired Unimatic, Inc. (“Unimatic”), a manufacturer specializing in precision machining for the aerospace, defense, printing, and electrical equipment industries. The transaction represents Bonnett Partners’ third acquisition in the machining space. Quazar acted as Bonnett Partners’ exclusive buy-side financial advisor in the transaction, while Winthrop and Weinstine served as legal counsel. The transaction closed on September 19, 2022, and terms of the transaction were not disclosed. Read More

Minneapolis, Minnesota – Quazar is pleased to announce QuestCDN (“Quest”) has been acquired by BCI Central (“BCI”), a US-based operating subsidiary of Byggfakta Group (OM: BFG) (“Byggfakta”), a publicly traded software company headquartered in Ljusdal, Sweden. Quazar acted as Quest’s exclusive financial advisor in the transaction. Smith Schafer provided accounting-related transaction advisory services, while Wayzata Law Group served as legal counsel. The transaction closed on September 1, 2022, and terms of the transaction were not disclosed. Read More

These new integrations will enhance Morningstar’s current platform to produce insights with even greater detail than before. Read More