Prairie Is Pleased to Announce The Sale Of Comgraphics, Inc. To An Employee Stock Ownership Plan
Prairie Capital Advisors, Inc., a leading middle-market investment bank, acted as financial advisor to ComGraphics, Inc. in the sale of the company to an employee stock ownership plan.
By: Prairie Capital Advisors
ComGraphics, Inc. is a leading Chicago-based provider of transactional print and mail services, data and print management, document production, digital archival, disaster recovery and marketing support services. Founded in 1980, the Company delivers a broad portfolio of integrated services across the entire document life cycle and provides effective document outsource solutions to a wide variety of industries.
Prairie worked closely with the seller and management team, providing advisory expertise and managing the preparatory, due diligence, and negotiation phases of the transaction as well as structuring the financing for the transaction. Terms of the transaction were not disclosed. "Our greatest asset is our people. Implementing an employee stock ownership plan was the right solution for us", says Denise Kretzer, owner of ComGraphics. "Prairie's expertise and guidance was vital in getting the transaction closed timely and efficiently. The Prairie team was there to support us every step of the way."
"It was very evident from the beginning that Denise wanted to preserve the legacy and independence of ComGraphics,"
About Prairie Capital Advisors
Prairie offers investment banking, ESOP advisory and valuation services to support the growth and ownership transition strategies of middle-market companies. Headquartered in Oakbrook Terrace, Illinois, the company is a leading advisor to closely-held companies nationwide. Prairie consistently ranks as a Top 10 fairness opinion provider by Thomson Reuters and was named the 2017 U.S.A. Fairness Opinion Advisor of the Year by M&A Atlas. For more information visit http://www.prairiecap.com.