Project Description

Chicago Deferred Exchange

Prairie Capital Fund IV

Location Chicago, IL
Transaction Type Growth Buyout with Management
Investment Date May 2007
Exit Date December 2018
Buyer Wintrust Financial Corporation

Leading Qualified Intermediary for investors who wish to defer the gain on the sale or exchange of capital assets by utilizing Internal Revenue Code Section 1031.

Industry Business Services

Investment Rationale

  • Experienced and dedicated management team
  • Large base of deposit balances
  • New status as independent company enabling CDEC to make higher-yielding investments
  • Loyal, diverse customer base
  • Long-lived reputation for quality service and reliability

Value Add

  • Sales & Marketing
  • Technology