Cambridge Partners & Associates, Inc.

02/05/2025

The M&A team Cambridge Partners & Associates completed another successful business sale. As part of the investment banking process, Cambridge Partners:

> Prepared the confidential information memorandum (CIM);

> Conducted a comprehensive buyer search which included several hundred private equity firms and potential strategic acquirers;

> Secured numerous letters of intent (LOIs);

> Negotiated with buyers the transaction's price, terms and deal structure;

> Managed buyer due-diligence; and

> Assisted seller's counsel in preparing legal documentation and managing the closing process.

04/28/2022

Congrats to Scorched Earth Brewing Co.'s Michael and Jennifer Dallas and to the new owner Greg Doyen!

Breaking News: Mike and Jen Dallas of Crystal Lake have sold Scorched Earth Brewing Co.

We want to personally thank our employees, loyal customers, and the community for the tremendous support they have shown since the brewery's inception. Scorched Earth was established in 2013, with the Algonquin tap room opening in 2014. Since then, the brewery has expanded it’s tap room twice, added two beer gardens, and grown distribution throughout the Chicagoland area. We have enjoyed meeting so many new people and bringing people together through craft beer in our community. It has been an awesome journey!

Once the decision was made to sell the business, we felt it was important to find a buyer who would carry on the Scorched Earth brand, work with existing employees, and have interest in continuing to grow the company. Greg Doyen is that person. Greg is a resident of Lake County and grew up in McHenry County. He has been looking for the right opportunity to build on his entrepreneurial interests, and felt that Scorched Earth Brewing Co, with its brand, employees, beer and everything the Dallas’s have built was the perfect match. He is excited to mix his previous experience in business strategy with a passion for craft beer to help serve the community, employees, and business partnerships.

We are excited for the next phase of Scorched Earth, and confident that Greg will be able to seamlessly transition into the business and take things to the next level. Next time you come in to the tap room, be sure to say hello and ask for Greg!

Thanks again to all for your support!

Mike and Jen

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One more note: The taproom will be closed today (Wednesday) to help with the business transition. We hope to see you tomorrow for Thursday trivia night!

Cheers

Greg

06/22/2021

The Cambridge Partners & Associates investment banking specialists are pleased to announce the successful business sale of Cryogenic Systems Equipment, Inc. and CSE Parts, Inc. (collectively "CSE") to Matheson Tri-Gas, Inc. ("Matheson").

CSE is a North American leader in the design, manufacture, and service repair of food freezing equipment utilizing LN2 and CO2. Matheson is one of the world's largest suppliers of industrial and specialty gases, as well as gas handling equipment.

Cambridge Partners & Associates has assembled a M&A team that specializes in providing merger and acquisition advice for lower middle-market companies. The firm's expertise is in helping business owners and executives sell or acquire companies, divisions, business units, or product lines with revenues primarily between $5 million and $150 million. The firm also is highly adept at raising debt capital and equity capital for controlling interest positions.

Contact our office at 847-776-1976 to discuss your M&A and Valuation needs with one of our team members.

03/02/2021

Cambridge Partners & Associates, Inc. - 1st quarter update

First Quarter 2021 Dear Valued Clients and Partners: As 2021 gets underway, Cambridge is well positioned to outperform last year and has taken several new businesses to market for sale. Cambridge Par

01/12/2021

Tennessee Awards 4% Bond & 9% LIHTC

Cambridge Partners & Associates is an approved market study provider Congratulations! Dear : We wanted to congratulate your firm on being among those awarded either 9% tax credits or 4% bond financing

12/22/2020

Thank you.

Cheers to a prosperous 2021 Season's Greetings One of the real joys of the holiday season is the opportunity to say Thank You and to wish you the very best for the New Year. We appreciate your busines

04/09/2020

Could the coronavirus cause impairment to Goodwill under ASC 350?

The long term economic outcome of the COVID-19 pandemic remains to be seen; however, the markets have priced equities well below recent levels given general uncertainty regarding a time to recovery.

Cambridge Partners has created an easy to understand flow chart illustrating the potential triggering events that may cause impairment to a company's goodwill.

09/19/2017

Cambridge Partners update on valuation topics

09/28/2015

Franchise valuations are often complex appraisals due to the nature of the franchise's contractual agreement in-place, the numerous real estate leases and properties owned, 1000's of equipment line items, etc.

Cambridge Partners can explain the valuation nuances and has summarized how to value franchise agreements in the attached article.

03/09/2015

Five recent engagements of Cambridge Partners & Associates:

> Business and stock option valuation of former NYSE company that provides personal and business legal plans and identity theft protection services.

> Real estate cost segregation study of a Class A office building in suburban Detroit.

> Equipment and real estate appraisal of a scrap Aluminum smelter that focuses on 356 alloy for the automotive industry.

> Business valuation of two companies engaged in aviation repair and deicing services for commercial carriers and business jets.

> Valuation of stock options and goodwill for a leader in the short stay surgical hospital and ambulatory surgery center industry.

10/21/2014

The attached is the Cambridge Partners 3rd Quarter Review. In this newsletter, we have shared a few recent engagements that highlight some of our service capabilities, including valuations, appraisals and M&A services. There are some very interesting and diverse assignments recently completed by members of the firm.