Chicago Growth Partners Mergers and Acquisitions Summary

Growth Capital Firm Profile

Chicago Growth Partners’ most common sectors for investment arebusiness services (15%) and education (15%) . The Firm’s most common investment types include recapitalization (36%) and venture (24%). In total, Chicago Growth Partners has invested in 15 US states and 2 different countries. Its largest (disclosed) acquisition occurred in 2006 when it acquired Paramount Services for $66M.

In the last 3 years, Chicago Growth Partners has exited 1 company. The Firm’s most common exit type is trade sale (45%). Chicago Growth Partners’ largest (disclosed) exit occurred in 2010 when it sold TargeGen for $635M.

Join Mergr to view Chicago Growth Partners’ full profile and discover more large growth capital firm investors just like it.

M&A Summary

  • M&A Total Activity68
    • M&A Buy Activity34
    • M&A Sell Activity34
  • Total Sectors Invested 15
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 28
  • M&A Advisors 2

Chicago Growth Partners LLC

222 West Merchandise Mart Plaza, Suite 1212,
Chicago, Illinois 60606
United States
(312) 698-6300
www.cgp.com
info@cgp.com

Chicago Growth Partners LLC (CGP) was a Chicago-based based private equity firm that provided expansion and buyout capital to middle-market companies generating sales of $15 to $150 million. CGP sought to invest in business services, consumer services, healthcare products/services, and industrial companies. CGP was formed in 2004 as a spin-off of William Blair Capital Partners, the investment group of investment bank William Blair. In 2014, the Firm ceased operations.


Investment Criteria

Sectors of Interest: Automotive, Building Materials, Business Services, Communications, Construction, Consumer Products, Consumer Services, Distribution, Education, Energy Services and Equipment, Engineering, Environmental, Financial Services, Healthcare Services, Information Technology, Life Science, Machinery, Manufacturing, Marketing, Medical Products, Plastics, Software, Staffing, Test/Measurement Equipment, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Recapitalization, Secondary Buyout, Venture

Geographic Preferences: East US, Midwest US, South US, West US, Canada

Transaction Criteria Min Max
Target Revenue 15 150
Target EBITDA - -
Investment Size 15 75
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 34 - - - - - 34
vol $136M $136M
Sell (0.2/yr) # 33 - 1 - - - 34
vol $2.0B $2.0B
  68

Most Recent M&A

Company Date Value Type
Jonathan Engineered Solutions, Inc. 2021-01-04 - Secondary Sale
Irvine, California · www.jonathanengr.com
Teaching Strategies LLC 2018-05-15 - Secondary Sale
Bethesda, Maryland · www.teachingstrategies.com
WorkWave LLC 2017-11-08 - Trade Sale
Holmdel, New Jersey · www.workwave.com
2Checkout, Inc. 2017-04-03 - Trade Sale
Columbus, Ohio · www.2checkout.com
ScribeAmerica LLC 2017-01-09 - Trade Sale
Aventura, Florida · www.scribeamerica.com
FineLine Technologies, Inc. 2016-11-16 - Recapitalization
Norcross, Georgia · www.finelinetech.com
CellCarta 2016-07-20 - Secondary Sale
Montreal, Quebec · www.cellcarta.com
Contempo Ceramic Tile Corp. 2016-04-12 - Trade Sale
Salt Lake City, Utah · www.contempotile.com
Anajet LLC 2016-01-08 - Trade Sale
Costa Mesa, California · www.anajet.com
World 50, Inc. 2015-12-14 - Recapitalization
Atlanta, Georgia · www.world50.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Business Services - - 5 (15%) -
Education - - 5 (15%) -
Life Science - - 4 (12%) 27M (20%)
Information Technology - - 3 (9%) -
Internet Software and Services - - 3 (9%) -
Medical Products - - 3 (9%) -
Staffing - - 2 (6%) 26M (19%)
Healthcare Services - - 2 (6%) 17M (13%)
Construction - - 1 (3%) 66M (49%)
Environmental - - 1 (3%) -
Manufacturing - - 1 (3%) -
Plastics - - 1 (3%) -
Software - - 1 (3%) -
Technology Hardware - - 1 (3%) -
Test/Measurement Equipment - - 1 (3%) -
Total - - 34 $136M

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States - - 33 (97%) 136M (100%)
  California - - 10 (29%) 44M (33%)
  Illinois - - 4 (12%) -
  Pennsylvania - - 3 (9%) 26M (19%)
  Virginia - - 2 (6%) 66M (49%)
  Washington - - 2 (6%) -
  Maryland - - 2 (6%) -
  Georgia - - 2 (6%) -
  Florida - - 1 (3%) -
  District of Columbia - - 1 (3%) -
  Colorado - - 1 (3%) -
  Wisconsin - - 1 (3%) -
  Texas - - 1 (3%) -
  Ohio - - 1 (3%) -
  New Jersey - - 1 (3%) -
  Nevada - - 1 (3%) -
Canada - - 1 (3%) -
  Quebec - - 1 (3%) -
Domestic - - 33 (97%) 136M (100%)
Cross-border - - 1 (3%) -
Total - - 34 $136M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Recapitalization - - 12 (35%) 66M (49%)
Venture - - 8 (24%) 44M (33%)
Buyout (LBO, MBO, MBI) - - 5 (15%) 26M (19%)
Secondary Buyout - - 4 (12%) -
Growth Capital - - 3 (9%) -
Acquisition Financing - - 1 (3%) -
Divestiture - - 1 (3%) -
Total - - 34 $136M

Exits by Deal Type

Type Total # Value
Trade Sale - Public Company 10 (29%) 2.0B (100%)
Secondary Sale 8 (24%) -
Trade Sale 8 (24%) -
IPO 3 (9%) -
Recapitalization 2 (6%) -
Bankruptcy 1 (3%) -
Merger 1 (3%) -
Sold to Management 1 (3%) -
Total 34 $2.0B

Top M&A Advisors

Financial Deals
Gridley & Company LLC
1
BDA Advisors Inc.
1

Deal Values

buy # Total
< $100M 4 $136M
TOTAL $136M
Largest Paramount Services, Inc.
$66M (2006-09-07)
sell # Total
$100M to $1B 5 $1.9B
< $100M 2 $84M
TOTAL $2.0B
Largest TargeGen, Inc.
$635M (2010-06-30)

M&A Connections

Deals
Acquired from
Investor(s)
18%
6 (18%)
Strategic(s)
3%
1 (3%)
Exited to
Investor(s)
29%
10 (29%)
Strategic(s)
50%
17 (50%)

FAQ

When was Chicago Growth Partners LLC founded?

Chicago Growth Partners LLC was founded in 2004.

What type of investor is Chicago Growth Partners LLC?

Chicago Growth Partners LLC is a growth capital firm.

Where is Chicago Growth Partners LLC headquartered?

Chicago Growth Partners LLC is headquartered in Chicago, Illinois.

How much capital does Chicago Growth Partners LLC have under management?

Chicago Growth Partners LLC has 1.2B USD under management.

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