American insurance brokerage Arthur J. Gallagher & Co. has acquired Cason, Huff & Schlueter Insurance based in Quincy, Illinois for an undisclosed price. Established in 1923, Cason, Huff & Schlueter has been operating as a retail insurance agency. It is said to specialize in providing personal and commercial insurance along with life, health and disability […]
Hub International said that it has acquired the assets of Intercontinental Growth Strategies (IGS), a Chicago-based trade credit insurance brokerage for an undisclosed price. Intercontinental Growth Strategies is said to help clients in safely and aggressively growing their sales while safeguarding against any bad debt loss resulting from non-payment or bankruptcy. Seth Hopkins — Hub […]
H.I.G. Capital said that one of its affiliates has closed the acquisition of Watchfire Signs, an Illinois-based manufacturer of digital signage. The financial terms of the deal were not disclosed by the global alternative investment firm. Watchfire Signs caters to a diverse base of local sign dealers, large national accounts, and independent billboard operators with […]
Nucor Corporation has agreed to acquire C.H.I. Overhead Doors, a manufacturer of garage doors, from an affiliate of investment funds managed by Kohlberg Kravis Roberts & Co. L.P. (KKR) for $3 billion. Based in Illinois, C.H.I. Overhead Doors caters to the residential and commercial markets in the US and Canada. The company manufactures overhead door […]
Danish energy company Ørsted has agreed to acquire the 121MW Ford County Wind project in rural western Ford County, Illinois from funds managed by Ares Management Corporation’s Infrastructure Opportunities strategy for an undisclosed price. The onshore wind farm, which started commercial operations in March 2022, is situated in Midwest Independent System Operator’s (MISO) territory. Built […]
Hub International has acquired certain assets of Illinois-based Alta Actuaries and Consultants, including the latter’s APEX Global Benefit Management system, in a move to expand its employee benefits consulting services. The financial terms of the deal were not disclosed. Alta Actuaries and Consultants, which is headquartered in Chicago, was founded by a group of global […]
Illinois American Water revealed plans to invest more than $5 million in Illinois for upgrading local water and wastewater systems. The American Water subsidiary will undertake replacement of the water main, increase water main size, looping in the Peoria area, and lining sewer main in the service areas of Glasford and Washington. Eric Larson — […]
Illinois American Water, a subsidiary of American Water, said that it will invest more than $16 million for upgrading the local water system in Jerseyville, Illinois. The water utility said that the investment will help in the supply of continued reliable, safe drinking water along with upgrades for improved efficiency, safety, and security. Gabe Kuykendall […]
Factor, an American ready-to-eat meal delivery service, has opened a new fulfillment and distribution center in Lake Zurich, Illinois. The facility, which spans around 100,000sft, is expected to support the future growth plans of Factor, while opening up 700 new jobs. Factor, which was founded in 2013, was acquired by HelloFresh a couple of years […]
INTREN, an Illinois-based specialty contractor, has acquired Shade Tree Service Company, a provider of vegetation management services to the electric and telecommunication industries. The financial terms of the deal were not disclosed. Shade Tree Service is headquartered in Fenton, Missouri. Its acquisition is expected to enlarge INTREN’s existing vegetation management services to better serve the […]