Fort Dearborn advises Reliable Knitting Works

Max Bechtel and Austin Curtis join Fort Dearborn Partners

Please join us in welcoming the newest members of the Fort Dearborn Team, Max Bechtel and Austin Curtis.

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Fort Dearborn advises Reliable Knitting Works

Fort Dearborn Partners served as the exclusive financial advisor for the refinancing of Reliable Knitting Works, a $125 Million Wisconsin-based Company.

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Alice Chan joins Fort Dearborn Partners

Fort Dearborn Partners is pleased to announce that Alice Chan has joined our firm as a Director.

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Bears Win Season Opener!

Not even the worst flooding in 2 years could stop the Bears from winning their season opener.

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Fort Dearborn advises HF Foods Group, Inc. - Sealand Food, Inc.

Fort Dearborn Partners (FDP) is pleased to announce we served as sole financial advisor to HF Foods Group, Inc. (NASDAQ:HFFG) in its transaction with Sealand Food, Inc.

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Fort Dearborn advises HF Foods Group, Inc. - Great Wall Seafood

Fort Dearborn Partners (FDP) is pleased to announce we served as sole financial advisor to HF Foods Group, Inc. (NASDAQ:HFFG) in its transaction with Great Wall Seafood.

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Fort Dearborn Partners advises Foodservice Provider

Fort Dearborn Partners, Inc. served as the exclusive financial advisor to an Illinois-based foodservice provider and refinanced $17,500,000 of debt.

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Brian Hartford joins Fort Dearborn Partners

Fort Dearborn Partners is pleased to announce that Brian Hartford has joined the firm as a Senior Director.

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Fort Dearborn Advises Kanaflex Corporation, USA

Kanaflex Corporation USA (“Kanaflex” or the “Company”) is an industrial hose manufacturer with operations in Vernon Hills (IL), Compton (CA), and Houston (TX). Kanaflex is the wholly-owned U.S. subsidiary of Kanaflex Corporation Co., Ltd. (the “Parent”), the Japan-based parent company.

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2020 Year in Review

Chicago, IL - Despite the rollercoaster ride that was 2020, we at FDP are proud to say that, thanks to our resilient and trusting clients, hard-working and talented staff, and loyal referral relationships, 2020 was still a good year for Fort Dearborn Partners and the clients we were able to serve.

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Fort Dearborn Advises Motor Distributor

Fort Dearborn Partners served as a financial advisor for the refinancing of a $3.5M Line of Credit and $2.2M mortgage for a $20 million Illinois-based motor distributor coming out of an FDP-led turnaround. As part of the profit improvement initiative, FDP identified and advised on the implementation of $550,000 in cost reductions and $100,000 in inventory reductions to improve working capital. Fort Dearborn’s financial expertise and extensive knowledge of the capital markets facilitated competitive bidding that resulted in a transaction with favorable rates, terms, and, most importantly - increased liquidity for growth and stability.

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Fort Dearborn Advises Private High School

Chicago, IL - Fort Dearborn Partners is pleased to announce that we served as exclusive financial advisor to a private high school for the refinancing of $13,000,000 in tax-exempt bonds. FDP worked closely with Management, in a compressed time frame, to evaluate various financing options, select the ideal long-term financial partner and negotiate favorable terms of the bond placement. FDP had previously assisted in identifying over $1,000,000 in operational, debt service and other cash flow improvements for the institution.

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July 2020 Newsletter

Since early March, we have monitored the impact of COVID-19 on our client base. As expected, early results display widely divergent financial performance - some industries have greatly outperformed expectations while others have greatly underperformed.

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Fort Dearborn Advises FUSE, LLC

Chicago, IL - Fort Dearborn Partners served as exclusive financial advisor to Fuse, LLC, completing the expedited sale of essentially all its business assets to Mittera Group, Inc. in less than 30 days. FDP was able to move quickly by contacting only those buyers we knew would be interested and capable of moving fast. The transaction allowed the majority of employees to retain their jobs and both senior lenders were paid in full.

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Fort Dearborn Advises Wiskerchen Cheese, Inc.

Chicago, IL - Fort Dearborn Partners assisted in the negotiations and acted as the sole financial advisor to Wiskerchen Cheese, Inc. in the sale of its interest in Arizona Cheese Company, LLC, a joint venture, to the United Dairymen of Arizona.

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Fort Dearborn Advises on Sale of Anderson Shumaker

Chicago, IL - Fort Dearborn Partners is pleased to announce the sale of substantially all operating assets of Anderson Shumaker Company

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Mark Kroeger Joins Fort Dearborn

Fort Dearborn Partners is pleased to announce that Mark Kroeger has joined the firm as a Senior Analyst.

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Fort Dearborn Advises on Sale of Mackson, Inc.

Chicago, IL - Fort Dearborn Advisors closed on the sale of substantially all operating assets of Mackson, Inc., a subsidiary of MetalTek, Inc. to Tioga Holdings, Inc. Mackson is a leading provider of nuclear grade fasteners, structural steel, pipe, fittings, weld wire and ASME code certified fabricated components to the nuclear power industry. Fort Dearborn conducted a robust sales process yielding multiple indications of interest and, ultimately, an acquirer who met the owner's objectives.

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We've Moved!

On April 7, 2017, Fort Dearborn Partners moved its office to 190 South LaSalle Street.

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Fort Dearborn Advisors Arranges Sale of Standard Steel & Wire, Inc. to Alliance Steel, LLC

We are pleased to announce the sale of substantially all of the operating assets of Standard Steel & Wire, Inc. (SS&W or the "Company") to Alliance Steel, LLC.

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Fort Dearborn Partners announces Lake County Press $12 Million Refinancing

Fort Dearborn Partners is pleased to announce that Lake County Press, Inc. ("Lake County" or "the Company") has refinanced its revolving line of credit and term loan.

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Fort Dearborn Partners Arranges Senior Debt Refinancing for John Hofmeister & Son, Inc.

Fort Dearborn Partners arranges senior debt refinancing for John Hofmeister & Son, Inc. through a replacement loan issued by American Chartered Bank.

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Fort Dearborn Welcomes Mary Warmus

Fort Dearborn Partners, Inc. is pleased to announce that Mary Warmus has joined our practice as Partner in charge of the firm's Valuation Practice.

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Goode Industries, Inc., dba M. Cooper Supply Co., Completes Sale to a Subsidiary of WinWholesale

Fort Dearborn announces the sale of Goode Industries Inc., dba M. Cooper Supply Co. to a subsidiary of WinWholesale®.

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Fort Dearborn Partners Advises Accurate Perforating, Inc.

Fort Dearborn Partners is pleased to announce that Accurate Perforating Company, Inc. ("Accurate" or "the Company") has refinanced all of its senior debt with First Midwest Business Credit.

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Fort Dearborn Partners Announces Wachs Services $15 Million Refinancing

Fort Dearborn Partners (Fort Dearborn) is pleased to announce that Wachs Services, comprised of Wachs Technical Services and Wachs Energy Services (collectively Wachs or the Company), has completed the refinancing of its revolving line of credit and term loan. Wachs Services is an industry leader in maintenance, life extension and new construction projects in the Nuclear, Fossil Fuel, Petrochemical, Refinery, Pharmaceutical, Food and Beverage, Pulp and Paper, and High Purity industries.

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Building Materials Distributor Completes Refinancing with $3 million of Increased Liquidity and $1 million Reduction in Annual Debt Service

Fort Dearborn Partners announces the successful refinancing of a commercial building materials distributor with product lines including acoustical ceilings and walls, drywall, metal studs, insulation and exterior insulating finish systems.

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Metal Recycling Systems, Inc. Completes Sale of Substantially all Equipment and Real Estate to Scrap Metal Services, L.L.C.

Fort Dearborn Advisors announces the successful sale of substantially all of the equipment and real estate of Metal Recycling Systems, Inc. ("MRS" or the "Company"), a full-service metal recycling center that sold its processed/recycled metals to aluminum producers and smelters, other metal recyclers and steel mills. The Company had a solid reputation for processing a diverse range of products and selling high grade material to its customers.

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Fort Dearborn Receives M&A Award: 2013 Distressed M&A Deal of the Year

The M&A Advisory, a premier global network of M&A Turnaround, and Finance professionals, recently announced its 8th Annual M&A Turnaround Awards winners.
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2013: The Year in Review

We are pleased to report that Fort Dearborn ejoyed a successful 2013 serving the owners of over 60 middle market companies.
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Fort Dearborn Partners wins the prestigious TMA Large Transaction of the Year Award

The Turnaround Management Association ("TMA") recognized Fort Dearborn Partners, Inc. as the winner of the prestigious TMA Large Transaction of the Year Award at its Annual Awards Dinner in Chicago on November 18th, 2013.

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Fort Dearborn Represents Triumph Packaging Group

Fort Dearborn Advisors announces the successful sale of select assets of Triumph Packaging Group ("Triumph"). Triumph was a leading designer and manufacturer of folding cartons, located in the Chicagoland area. Triumph's customers included many national leading food and consumer goods producers. Triumph was known for its high quality standards, well established customer relationships and diverse and flexible manufacturing.

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Fort Dearborn Is Proud to Participate In Honoring Ed Wehmer, CEO of Wintrust Financial Corp., For Receiving The Anti-Defamation League's Americanism Award

On September 24th, 2013: Fort Dearborn Partners/Fort Dearborn Advisors is please to support the Anti-Defamation League and Ed Wehmer at ADL's 100th Anniversary gala during which Ed was recognized for his many contributions in support of the ADL's mission which is encapsulated in a moving and thought provoking video - "Imagine a World Without Hate" - presented at the gala.

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Kevin Cleary Receives NIU Award

Kevin Cleary, president and founder of Fort Dearborn Parners and Fort Dearborn Advisors, was named by Northern Illinois University's College of Business Administration Accounting Department as an "Outstanding Alumni" for his entrepreneurial spirit and for his many achievements in business and for his dedication to civic responsibilities.

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Fort Dearborn Advises Dearborn Wholesale Grocers

Fort Dearborn Advisors announces the successful sale of the distribution business of Dearborn Wholesale Grocers ("Dearborn Wholesale").

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Fort Dearborn Advisors Represents T.J. Harkins

T.J. Harkins Inc. and Subsidiaries ("TJ Harkins" or the "Company") has announced that it has sold substantially all of its assets to a subsidiary of Bay State Milling Company.

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2012 Year in Review

2012 Year in Review

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Fort Dearborn Advisors Announces Management Buyout of PDQ Supply Inc.

PDQ Supply, Inc. ("PDQ") and Exact Replacement Parts, Inc. ("ERP") (together, the "Companies" or the "Business") specialize in the distribution of aftermarket replacement parts for major appliances. The Companies are complementary, with each targeting distinctly different channels of distribution.

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FDP News

Oct - 23

Max Bechtel and Austin Curtis join Fort Dearborn Partners

Please join us in welcoming the newest members of the Fort Dearborn Team, Max Bechtel and Austin Curtis.

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Apr - 23

Fort Dearborn advises Reliable Knitting Works

Fort Dearborn Partners served as the exclusive financial advisor for the refinancing of Reliable Knitting Works, a $125 Million Wisconsin-based Company.

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