Stinson Leonard Street Represents Marco, Inc. in Sale to Norwest Equity Partners
Stinson Leonard Street LLP represented Marco, Inc., a leading technology services provider, in its sale to Norwest Equity Partners (“NEP”), an equity investment firm based in the Twin Cities. The transaction closed October 30, 2015.
In the past 10 years, Stinson Leonard Street has advised Marco in 25 strategic acquisitions as the 100-percent ESOP company grew from its St. Cloud, Minnesota headquarters to 42 locations nationwide. Marco employs 920 people with offices in Minnesota, Illinois, Iowa, North Dakota, South Dakota, Nebraska and Wisconsin. They serve over 25,000 clients throughout these regions and nationally. The company will remain as Marco, a privately-held company, and all employees will retain their jobs.
Founded in 1961, NEP is a leading equity investment firm that focuses on partnering with companies to build them into industry leaders. As one of the largest and oldest equity investment firms in the Upper Midwest, NEP has a long-standing history of investment and operational success, experience within the technology and business services industry, and an extensive network of resources.
The Stinson Leonard Street team that advised Marco was: Aaron Crandall, Steve Quinlivan, Jeff Cairns and Nick Brenckman.
