Monroe Street Partners Completes Acquisition Of Brandito
08/03/23, 1:01 PM
Location
chicagoIndustry
venture capital
advertising
e commerce
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 Info
Location
Chicago, Illinois, United States
Company info
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.