Quazar

Quazar is pleased to announce that its client, Brainier Solutions, Inc., an operating subsidiary of BI WORLDWIDE, has been acquired by ClearCompany Talent Management Software, a portfolio company of Gemspring Capital. Quazar acted as Brainier’s exclusive financial advisor in the transaction, while Moss & Barnett, P.A. served as legal counsel. Eide Bailly LLP performed the sell-side Quality of Earnings for Brainier in the transaction. The transaction closed on May 17, 2024, and terms of the transaction were not disclosed.

Quazar is pleased to announce its client, SET Environmental, Inc., an Illinois-based environmental services provider, has acquired Foothills Environmental, a Colorado-based industrial hygiene, safety, and environmental services company. Quazar acted as SET's exclusive buy-side financial advisor in the transaction, while Buikema & Keune, LLC served as legal counsel. The transaction closed on April 1, 2024, and the terms of the transaction were not disclosed. https://lnkd.in/gHek9Ckb

Quazar is pleased to announce its client, the Versa-Lok Family of Companies, has been acquired by TCC Materials and Rock Hard Landscape Supply, both Minnesota-based, family-owned businesses. Quazar acted as Versa-Lok’s exclusive financial advisor in the transaction, while Taft Stettinius & Hollister LLP served as legal counsel. Boyum Barenscheer provided tax counsel, and Eide Bailly LLP performed the sell-side Quality of Earnings for Versa-Lok in the transaction. The transaction closed on April 8, 2024, and terms of the transaction were not disclosed. https://lnkd.in/gGS3TnVA

Congratulations to Quazar's Managing Partner, Nicole Behm-Koep, for being recognized among Notable Women in Banking & Finance by Twin Cities Business for 2024. In an industry traditionally led by men, your contributions are making a significant impact on the global finance landscape! #WomenInFinance #Leadership #DEI #FinanceInnovation https://lnkd.in/g2SaM3NW

Quazar is pleased to announce its client, Rapid Packaging Inc., a Minnesota-based distributor of secondary packaging supplies, packaging automation equipment, and industrial bags, has acquired Lawgix International, Inc. (“Lawgix”), a distributor of bulk bags primarily to the food and agriculture markets. Quazar acted as Rapid Packaging’s exclusive buy-side financial advisor in the transaction, while Fredrikson & Byron, P.A. served as legal counsel. The transaction closed on January 31, 2024, and terms of the transaction were not disclosed. https://lnkd.in/dPc9Y5C7

Thank you to all who participated in the lively discussion on mitigating risks in M&A transactions last week. Our panelists thoroughly enjoyed hearing and answering so many great questions from you. On behalf of Quazar, we are happy to support business owners by providing personalized market analysis that includes suggestions on the best ways to position your business in order to maximize value when preparing for market, whether that's in 2024 or beyond. And, of course, we're always thrilled to help with the sale/acquisition process itself, which is what we've specialized in for decades. Thank you again to our panelists: Moderator: Nicole Behm-Koep, Quazar Panelist: Brett Larson, Messerli Kramer, P.A. Panelist: Terri Shepherd, CaptureINTEL Panelist: Ryan Brellenthin, The Horton Group Panelist: Blaine Andersen, Barton, Walter & Krier, P.C.

Quazar would like to extend an invitation to business owners, corporate executives, and others interested in growing through acquisitions to be part of a valuable discussion on risk mitigation in M&A transactions. Click the link to register: https://lnkd.in/g6hfVDKy Date: Tuesday, January 9th Time: 8:00 am – 10:00 am CST Location: 605 Waterford Tower, Training Room, 605 US-169, Plymouth, MN 55441 If you are having trouble registering for this event, please email Kelly Bergman at kellyb@quazarinc.com for assistance. #mergersandacquisitions #businessowners Messerli Kramer, P.A. CaptureINTEL Barton, Walter & Krier, P.C. The Horton Group

Quazar is pleased to announce the successful divestiture of Memphis Wood Fire Grills, LLC (“Memphis Grills”) from Dalsin Industries | Precision Metal Product Manufacturing | Sheet Metal Fabrication | Welding (“Dalsin”). Superior Equipment Solutions (SES) (“SES”) has acquired Memphis Grills in the transaction. Quazar acted as Memphis Grills’ exclusive financial advisor, with legal counsel provided by Lathrop GPM LLP. The transaction, which closed on November 22, 2023, signifies a significant milestone for both companies. Specific terms of the transaction remain confidential. https://lnkd.in/gQGf_MHY

In honor of Giving Tuesday, Quazar would like to share its 2023 Charity Contest again. Each member of the Quazar team has selected a non-profit that is important to them. Please take a moment to click the link below and vote. The non-profit with the most votes will receive a donation from Quazar on behalf of the winning team member. Please vote between now and December 17, 2023. https://lnkd.in/gpzbKgiY HUMOR TO FIGHT THE TUMOR INC selected by Nicole Behm-Koep Minneapolis Parks Foundation selected by Clay Bergevain Washburn Center For Children selected by Kelly Bergman Crohn's & Colitis Foundation selected by Tom Hansen, CFA The Leukemia & Lymphoma Society selected by Aidan Kray Les Turner ALS Foundation selected by Sue Ufheil Children's Minnesota selected by Adam Webb

Quazar is pleased to announce its 2023 Charity Contest. Each member of the Quazar team has selected a non-profit that is important to them. Please take a moment to click the link below and vote. The non-profit with the most votes will receive a donation from Quazar on behalf of the winning team member. Please vote between now and December 17, 2023. https://lnkd.in/gpzbKgiY HUMOR TO FIGHT THE TUMOR INC selected by Nicole Behm-Koep Minneapolis Parks Foundation selected by Clay Bergevain Washburn Center For Children selected by Kelly Bergman Crohn's & Colitis Foundation selected by Tom Hansen, CFA The Leukemia & Lymphoma Society selected by Aidan Kray Les Turner ALS Foundation selected by Sue Ufheil Children's Minnesota selected by Adam Webb