• William Blair Advises Unifrax Acquisition

    Clearlake Capital Group LP has agreed to acquire ASP Unifrax Holdings from American Securities LLC. William Blair and Goldman Sachs served as co-advisors to Unifrax throughout the process. Unifrax supplies specialty fibers and materials to companies for emission control, filtration, thermal management, and fire protection. Its microfine glass fiber and ceramic products are sold around the world to customers in the manufacturing, commercial and automotive industries. Unifrax employs over 2,000 people worldwide and has 31 facilities throughout the United States, Europe, the Middle East, Russia, Asia, South Africa, and Latin America. For over 70 years, the company has worked to improve energy efficiency, emission control and fire safety regulations around the…

  • Abry Acquires Donuts Inc.

    William Blair Co. served as the exclusive financial advisor to Donuts Inc. in the company’s recent acquisition by Abry Partners. Donuts is a domain name registry organization based in Kirkland, Washington and provides top-level domains (TLD) for websites. Abry Partners is a Boston-based private equity firm that invests in a number of industries, including communications, business and information service sectors. Donuts Inc. was founded in 2010 by Paul Stahura, Jonathon Nevett, Richard Tindal, and Daniel Schindler, all veterans of the domain industry. Currently, it’s the largest new top-level domain name operator, with approximately 240 TLDs. Additionally, four million second-level domains are registered to use Donuts’ TLDs. Last year, Donuts acquired…

  • Heroes Run for the Kids

    Every year people (Heroes) volunteer to run the Chicago Marathon representing Mercy Home. These Heroes help Mercy Home reach their fundraising goals that keep the home open in order  to help young men and women through difficult situations, whether it be poverty, abuse or neglect. Mile sixteen of marathon passes by Mercy Home and is known as the Mercy Mile, where supporters, young and old, gather to cheer on not only the Mercy Heroes, but all of the runners. In 2017, over 220 Heroes ran the Chicago Marathon for Mercy Home. This year, over 330 teams and individuals have signed up to run as Heroes with the goal of raising…

  • Another Tech Mogul Joins the Media World

    Meredith Co. recently announced that Marc Benioff, co-founder of Salesforce, and his wife Lynne, agreed to purchase Time magazine for $190 million. Meredith Co. obtained Time as part of their $2.8 billion purchase of the Time Inc. firm less than a year ago and has been attempting to sell it along with the Fortune, Money, and Sports Illustrated magazines. With this purchase, Benioff joins other technology figureheads acquiring a foothold in media, including Jeff Bezos, CEO of Amazon, who purchased the Washington Post for $250 million in 2013 and Laurene Powell Jobs, who purchased a majority stake in The Atlantic in 2017. The Benioff’s plan to maintain a hands-off approach…

  • Bottled Water Market is Growing

    The United States bottled water market is on the rise. The bottled water industry is currently a $16 billion market and is expected to grow at a compounded annual rate of 8% while the non-alcoholic beverage market is a $180 billion industry and growing at a low single-digit rate. William Blair consumer analysts uncovered several reasons for this growth. Consumers consider quality, convenience, health and wellness when choosing a beverage. An increased awareness of health from consumers contributed to the growth with a majority of Americans knowing they should drink more water and even more Americans believing that bottled water is a healthy and convenient beverage option. Americans are also…