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Mid-market advisory firm The Chicago Corporation is re-launched

Several former members of The Chicago Corporation have re-launched the firm to provide middle-market companies with a range of financial and corporate advisory services including mergers and acquisitions, debt and equity capital raising, and financial restructuring.

The Chicago Corporation was originally founded in 1965 as a regional investment banking firm for middle-market companies.

After growing to more than 1,500 employees, the company was sold in 1997.

Several former members of the company, along with a team of investment bankers from other firms, have come together to re-establish the firm. 

"Many of us worked in the Chicago area and knew, or even worked for, The Chicago Corporation,” says Phil Clarke III, a managing director who worked at the original company and whose father was one of the original founders. "We loved the collaborative culture that brought together the best minds to solve problems for clients. That approach is a vital part of the current organisation.”

"This is the time that middle-market companies need more help, not less,” adds Fred Floberg, another managing director at The Chicago Corporation. "Finding capital is difficult. Banks are afraid to lend. Equity values have been hit. The mergers and acquisitions environment is very challenging. Companies need help in developing the best ways to increase stakeholder value for the longer term.”

The firm’s nine founders, led by Clarke and Floberg, bring more than 250 years of combined corporate finance experience conducting more than 1,000 transactions valued at tens of billions of dollars.

In addition to the team’s domestic and international corporate finance experience, there is management, legal, and operational expertise in a broad array of industries including capital goods, consumer products, business services, technology, financial services, telecommunications, healthcare services, energy, media, environmental services, and transportation.

In addition, The Chicago Corporation offers wealth transition advisory services to help company founders plan for the future of their organisations as they approach their own retirement.

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