CNL Strategic Capital Acquires Majority Stake in Sill Public Adjusters
October 24, 2023
CNL Strategic Capital, LLC acquired a majority equity stake (with a concurrent debt investment) in Alex N. Sill Company (Sill Public Adjusters), partnering with Sill's management. The seller was Weinberg Capital Group, which completed an exit of its interest; CNL said it will work with management to expand Sill's geographic footprint, broaden services and pursue acquisitions in the fragmented public adjusting market.
- Buyers
- CNL Strategic Capital, LLC
- Targets
- Alex N. Sill Company (Sill Public Adjusters)
- Sellers
- Weinberg Capital Group
- Industry
- Insurance
- Location
- Ohio, United States
- Transaction Type
- Buyout
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