2020 News Archive

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.

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).

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.

 

2019 News Archive

New Buy-Side Mandate

SealedBid is exclusively representing a Fire Protection Company seeking acquisitions.  Our client is looking to acquire and/or partner with companies in the fire protection, OSHA regulation or laboratory testing industry.

New Acquisition Opportunity!

SealedBid is exclusively representing a Custom Drapery & Blind Business that services an attractive metropolitan area.  This family held business has established a fantastic reputation as the premier dealer for window treatments.

Successful Transaction!

KenWay Engineering, Inc. custom designs and manufactures mobile air conditioning and heating components and systems for heavy trucks, agricultures, construction and other off-road equipment.  KenWay Engineering was exclusively represented by SealedBid.  Sanz Clima of Madrid, Spain, has expanded its United States presence.  Sanz Clima’s US subsidiary, Sanz Clima USA, LLC, will be partnering with KenWay Engineering’s existing ownership to pursue numerous growth opportunities.

New Buy-Side Mandate

SealedBid is exclusively representing a Fire Protection Company seeking acquisitions.  Our client is looking to acquire and/or partner with companies in the fire protection, OSHA regulation or laboratory testing industry.

New Acquisition Opportunity!

SealedBid is exclusively representing a Custom Drapery & Blind Business that services an attractive metropolitan area.  This family held business has established a fantastic reputation as the premier dealer for window treatments.

Successful Transaction!

Millerbernd Systems, Inc., who was under Chapter 11 bankruptcy protection, specialized in custom contract manufacturing and was exclusively represented by SealedBid.  Added financial stability and a foundation of expertise within several industries will allow ProForm Fabrication to be a pivotal part of Minnesota’s rural manufacturing economy!

Successful Transaction!

Mid-Continent Engineering, Inc. (headquartered in Minneapolis, Minnesota) has been acquired by TJM Capital Partners, a private investment firm.  With the added financial and operational expertise, Mid-Continent is well positioned for 2019 and beyond!

2018 News Archive

“25 Year Anniversary” Spotlight!

SealedBid recently released a Special M&A Spotlight: 25 Year Anniversary.  This Special Edition Spotlight was written to continue SealedBid’s 25th Anniversary celebration and highlights the history and evolution of SealedBid.  Read the full Spotlight by viewing our Special 25 Year Anniversary Spotlight.

SealedBid in Axial Article!

SealedBid was recently highlighted in an article on Axial Networks, Inc. regarding the acquisition of V-TEK, Inc.  In this article, the CEO of V-TEK (Mitch Jacobs) explains why the Company chose SealedBid as their M&A advisor.  To read the entire Axial article click here.

Successful Transaction!

HH Auto Wheel & Trim (located in Buffalo, Minnesota) has been recapitalized by J2911 Solutions Inc. and Business Solutions Engineering Inc.  With added marketing, financial and operational expertise, HH Auto is well positioned for 2018 and beyond!

Vice President Blake Johnson!

SealedBid is excited to announce that Blake Johnson was recently promoted!  Blake has worked with SealedBid since 2010 and was recently promoted from Senior Associate to Vice President.

New Acquisition Opportunity!

SealedBid is exclusively representing a Contract Manufacturer for Premier OEMs with over 50 years of experience.  This Company provides heavily automated and technically advanced contract manufacturing and design assist for customers in the medical, defense and aerospace industries.

“The Guy Who Ties the Knot” Spotlight!

SealedBid has released a Special Founder’s Spotlight: The Guy Who Ties the Knot.  This Special Edition Spotlight was written in honor of SealedBid’s 25th Anniversary and highlights SealedBid’s founder, Jerry Clark.  Read the full Spotlight by viewing our Special Founder’s Spotlight.

“Selling Your Business” Podcast!

Jerry Clark was recently a featured guest on Dynasty Leadership’s podcast!  Todd Eberhardt, Founder of Dynasty Leadership, and Jerry discussed what business owners really need to know to sell their business.  Listen to Jerry’s podcast by visiting our Podcast Spotlight.

25 Years and Going Strong

SealedBid is excited to announce that 2018 is our 25 Year Anniversary!  We will be highlighting news and events from our first 25 years so please keep an eye out for the forthcoming Founder’s Spotlight!