MB Financial Bank of Chicago, IL arranged the syndicated senior financing package for the leveraged buyout of a successful Midwest manufacturer. The business owner had unfortunately passed, leaving the adult children with ownership (and a significant estate tax bill) in a company they had no desire in operating. A Chicago-based Sponsor chose to partner with MB’s Commercial Banking and Capital Markets teams to provide a lucrative exit for the family, to everyone’s satisfaction! MB is excited to serve the business's day-to-day cash management and financing needs going forward, as well as continue supporting our Private Equity friends in their future endeavors. 

Drew's client criteria:

Risk Profile: Underlying business must have a track record of sustained success

Annual revenues: $10-300 million

Location: Either the business or owner has ties to the greater Chicagoland area

Industry sectors: Manufacturing, distribution, services