logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Monroe Street Partners Completes Acquisition Of Brandito

Aug 03, 2023•over 2 years ago

Acquiring Company

Monroe Street Partners

Acquired Company

Brandito

ChicagoVenture CapitalAdvertisingE Commerce

Description

Monroe Street Partners (“MSP”), a Chicago-based private equity firm, announced today that it has acquired a majority equity stake in Brandito (or the “Company”) in partnership with founder and President Michael Lovern, who has made a substantial reinvestment in the Company. Financial terms of the transaction were not disclosed.

Company Information

Company

Monroe Street Partners

Location

Chicago, Illinois, United States

About

Monroe Street Partners ("MSP") seeks to invest in, grow and improve established and profitable lower middle-market businesses. Based in Chicago, MSP is seeking to build a concentrated portfolio of family and founder-run businesses across the Business Services and Industrial Sectors with EBITDA between $2 and $5 million and a demonstrated track record of consistent profitability and cash flow generation. MSP is led by Managing Partners Alex Foshager and Ken Mill who previously worked in Goldman Sachs' Investment Banking Division.

Related People

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed