New "Where Are They Now?" Updates!


SealedBid recently released TWO new “Where Are They Now?” pieces!  The first piece is about Dan Charbonneau and the second piece is about Jock Donaldson.  To read the full “Where Are They Now?” updates, visit our Case Studies page.


Successful Transaction!


Import Specialties, Incorporated dba Heartland America (“Heartland”), exclusively represented by SealedBid, is headquartered in Chaska, Minnesota.  Heartland (a catalog and E-Commerce Company) was established in 1985 and serves customers throughout North America, specializing in providing quality general merchandise at low prices.  The Company entered Chapter 11 bankruptcy protection and subsequently pursued a 363 Sale.  HLA USA LLC (“HLA”) is an investment group that partnered with the existing Heartland management to recapitalize the business.  With additional financial security and operational strength, the Company is well positioned to continue serving its loyal customer base through expanded catalog and E-Commerce offerings.

New Case Study!


We have a newly released Case Study on the successful Sell-Side transaction of KenWay Engineering.  To read the full Case Study, visit our Case Studies page.

Successful Transaction!


Great Northern Cabinetry, Inc. (“GNC”) is a maker of fine quality, handcrafted cabinetry designed for kitchens, baths, as well as many other areas of the home.  GNC is headquartered in Rib Lake, Wisconsin and was exclusively represented by SealedBid.  Acadia Advisory Services, LLC (“Acadia Advisory”) is a private investment firm headquartered in Dallas, Texas.  By adding financial, operational and marketing expertise, Acadia Advisory will look to continue and expand on GNC’s successful history in 2021 and beyond.

Successful Transaction!


Stat-Ease, Inc. (headquartered in Minneapolis, Minnesota), exclusively represented by SealedBid, was acquired by Tecplot, Inc. (headquartered in Bellevue, Washington), a subsidiary of Vela Software International Inc. (headquartered in Toronto, Ontario).  For the past 25+ years, Stat-Ease, Inc. has been the leader in design of experiments (“DOE”) software, books, training and consulting services.  Tecplot, Inc. is the leading independent developer of visualization and analysis software for engineers and scientists.  Together, Tecplot, Inc. and Stat-Ease, Inc. look forward to reaching new customers, adding important capabilities for long-term partners and continuing their DOE training classes and events!  

Successful Transaction!


Benson Medical Instruments Company (“Benson”) designs, manufactures and supports branded Occupational Health testing products.  Benson is headquartered in Minneapolis, Minnesota and was exclusively represented by SealedBid.  Diagnostic Group LLC (a subsidiary of Demant A/S of Denmark) develops, produces and distributes audiological instruments globally.  Diagnostic Group LLC is headquartered in Eden Prairie, Minnesota.  Together they can expand the Company’s audiometry, spirometry, HPD fit testing and data management offerings in the Occupational Health markets.

New Acquisition Opportunity!


SealedBid is exclusively representing a Catalog and E-Commerce Company.  This Company entered Chapter 11 bankruptcy (filed August 2019) protection and ownership is looking to complete an accelerated transaction.  View additional information about B2590.

New Acquisition Opportunity!


SealedBid is exclusively representing an Armored Car and Storage Service Company.  This would be a great strategic roll-up or add-on opportunity.  Ownership is willing to entertain proposals for the entire Company or any combination of the three business units (Armored, Storage or Courier).  View additional information about B2579.  

New Case Studies!


SealedBid recently released TWO new Case Studies!  HM Cragg (Edina, MN), a successful Buy-Side representation and HH Auto Wheel & Trim (Buffalo, MN), a successful Recap transaction.  To read the full Case Studies, visit our Case Studies page.

SealedBid’s Response to COVID-19


Due to the COVID-19 pandemic, we have implemented working remotely for the entire SealedBid team starting on March 18th, 2020 until further notice.  SealedBid will continue to provide the same excellent service and responsiveness, but do not hesitate to reach out to Blake Johnson at 952-314-8832 with any questions or concerns.  We wish for everyone to stay healthy and safe; our thoughts are with those affected negatively during these challenging times. 

Successful Transaction!


Aero Drapery & Blind (“Aero”) is a premier dealer for window treatments headquartered in Little Canada, Minnesota and was exclusively represented by SealedBid.  Hirshfield’s, Inc. (“Hirshfield’s”), headquartered in Minneapolis, MN, is family-owned company that offers paints, wallcoverings, fabrics and window treatments.  Together, Aero and Hirshfield’s will be a market leader in window treatments and are well positioned for growth.