Acquisition of Cyclonaire Corporation
Our attorneys advised investment firm Schilling Ventures, LLC as co-sponsor in the acquisition, together with co-sponsor Prospect Partners, of Cyclonaire Corporation, in partnership with management.
This is the third investment by Schilling Ventures, an operations-oriented investor based in Naperville, IL. Cyclonaire, a global company headquartered in York, NE, offers custom-engineered and manufactured pneumatic conveying systems for the transfer of dry bulk materials. Going forward, the company plans to invest in select add-on acquisitions of other pneumatic conveying and material handling companies as well as in manufacturing automation and controls businesses.