Exited Investment
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 |
| Business | 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