List of 19 Companies in Minnesota that have Divested Business Services Companies

Name	Sector	Revenue $mlns	M&A Activity			Last 5 Years
Name	Sector	Revenue $mlns	Total	Buy	Sell	Last 5 Years
Ecolab NYSE : ECL St. Paul, Minnesota, United States website	Environmental	15,320	63	53	10
Cargill Private Wayzata, Minnesota, United States website	Agriculture	136,645	62	40	22
RSM US LLP Private Bloomington, Minnesota, United States website	Business Services	-	16	15	1
Datasite PE Backed CapVest 2020-10-19 Minneapolis, Minnesota, United States website	Software	-	17	12	5
SUPERVALU, Inc. Acquired United Natural Foods 2018-07-26 $2.9B Eden Prairie, Minnesota, United States website	Retail	14,000	19	11	8
Vista Outdoor NYSE : VSTO Anoka, Minnesota, United States website	Consumer Products	2,746	14	9	5
Scantron PE Backed Regent 2024-08-30 Eagan, Minnesota, United States website	Software	-	9	8	1
Securian Financial Group, Inc. Private St. Paul, Minnesota, United States website	Financial Services	-	9	6	3
Allete PE Backed CPP Investments Global Infrastructure Partners 2024-05-06 $6.2B Duluth, Minnesota, United States website	Utilities	1,880	7	4	3
Dolan Media Holding Co. Private Minneapolis, Minnesota, United States website	Publishing	-	3	2	1
ev3, Inc. Acquired Covidien plc 2010-06-01 $2.6B Plymouth, Minnesota, United States website	Healthcare Services	-	3	2	1
The Dolan Company Private Minneapolis, Minnesota, United States website	Business Services	-	2	1	1
Syngenta Seeds, Inc. Private Minnetonka, Minnesota, United States	Agriculture	-	3	1	2
Stella Private St. Paul, Minnesota, United States website	Business Services	-	3	1	2
Cortec Corp. Private St. Paul, Minnesota, United States website	Business Services	-	1	-	1
TriMax Direct Private St. Paul, Minnesota, United States website	Marketing	-	2	-	2

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