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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