Local firms receive M&A honors

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Milwaukee investment banking firm Cleary Gull Inc. received an award for Corporate and Strategic Acquisition of the Year (between $250 million and $500 million) from The M&A Advisor at the organization’s annual banquet last month.

The recognition was for the sale of Royal Purple Inc. to Calumet Specialty Products LP.

Cleary Gull was also a finalist for Boutique Investment Bank of the Year and managing director Ronald Miller was a finalist for M&A Dealmaker of the Year.

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Three other Cleary Gull transactions were finalists for Industrial Manufacturing/Distribution and Corporate and Strategic Acquisition of the Year for the $10 million to $100 million categories.

“We are honored to win such a prestigious award,” said John Peterson, managing director of Cleary Gull.  “What is very special about this recognition is that the transactions recognized involve a variety of industries, a range of transaction sizes, and nearly all of our team members.”

Also at the awards, Milwaukee-based Robert W. Baird & Co. Inc.’s Investment Banking group received Cross Border Deal of the Year (between $100 million and $500 million) for the sale of Euro Car Parts Holding to LKQ Corporation and Industrial Manufacturing/Distribution Deal of the Year ($50 million to $100 million) for its sale of Milwaukee Gear Company to Regal Beloit Corporation.

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“It’s a huge testament to our innovative and highly skilled investment banking team that we continue to receive industry accolades for our M&A advisory work,” said Steve Booth, director of Baird Investment Banking.  “We are particularly pleased with the cross border win as it demonstrates Baird’s ability to reach buyers and sellers around the world.”

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