Prairie worked closely with the management team, board of directors and seller, providing advisory expertise and managing the preparatory, due diligence and negotiation phases of the transaction. Prairie's transaction team included David Diehl – CEO, Timothy Witt – Managing Director, and Franco Silva – Vice President. "Prairie was instrumental in negotiating the sale of our company to terrific partners, Sales and CI Capital," said Pat Hobby, CFO of Harlow-HRK. "Prairie helped us navigate the due diligence process and closing in a highly efficient and professional manner. This transaction was a great result for our ESOP participants, and the combination with Impact Sales will allow Harlow-HRK to expand and provide greater opportunities to our associates. Prairie provided invaluable guidance throughout the process."
Founded in 1994, Impact Sales LLC is a leading sales and marketing agency, providing sales, merchandising and category analytical support to companies in the consumer packaged goods industry. Impact Sales has nineteen regional offices throughout the West and in Cincinnati, Ohio, and has established strategic alliances with independent sales and marketing agencies in the Midwestern and Northeastern United States. Impact Sales represents over 14,000 products. Impact Sales LLC is a portfolio company of CI Capital Partners LLC, a New York-based private equity firm.
About Prairie Capital Advisors
Prairie is an employee owned company that 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 with offices in Atlanta, Boston, Chicago, Cedar Rapids and Louisville, the company is a leading advisor to closely-held companies nationwide. For more information, visit www.prairiecap.com.
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SOURCE Prairie Capital Advisors, Inc.