GREEN BAY, Wis. (September 26, 2017) – Baker Tilly Capital, LLC, an advisory firm specializing in investment banking services to middle-market businesses, is pleased to announce two separate successful sales of assets for its client, Ed Gersek, Inc. (Ed Gersek), to Oneida Indian Nation of Wisconsin and Triple P, Inc. (D/B/A Peters Concrete).
Baker Tilly Capital, LLC served as the exclusive advisor to Ed Gersek in connection with these transactions, developing and implementing the transaction process. The assets for sale were two quarries, which include owned real estate, quarry reserves, stone held in inventory, scale and any leases associated with the properties. The outcome of the transactions matched two separate industry buyers – Oneida Indian Nation of Wisconsin and Triple P, Inc. – with the seller.
“We came to the realization that the time was right to sell two of our quarries in northeast Wisconsin,” Diane Bisick, president of Ed Gersek, said. “When it came time to begin the process, we were confident in choosing Baker Tilly Capital as our investment bankers to market the quarries. They expertly guided us throughout the process, providing frequent and valuable communication to ensure continuity and coordination. They helped us maximize the value of the quarries with two separate buyers, which exceeded our expectations.”
“It was a pleasure helping Diane and the entire Ed Gersek team obtain a maximum value of the company’s real estate and quarry assets outside of Green Bay,” Sean Dingeldein, managing director with Baker Tilly Capital, said. “Our team truly enjoyed serving as their financial advisor during these two transactions.”
About Baker Tilly Virchow Krause, LLP (bakertilly.com)
Baker Tilly Virchow Krause, LLP (Baker Tilly) is a nationally recognized, full-service accounting and advisory firm whose specialized professionals connect with clients and their businesses through refreshing candor and clear industry insight. With approximately 2,700 employees across the United States, Baker Tilly is ranked as one of the 15 largest accounting and advisory firms in the country. Headquartered in Chicago, Baker Tilly is an independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 147 territories, with 33,600 professionals. The combined worldwide revenue of independent member firms is $3.4 billion.