LaSalle Capital has sold Brown & Joseph to Incline Equity Partners
Headquartered in Itasca, Illinois, Brown & Joseph is the leading provider of commercial accounts receivable management solutions to the insurance industry. Brown & Joseph’s specialization within the insurance industry enables the company to maintain a strong, differentiated value proposition which results in superior outcomes for its clients.
Lincoln acted as the exclusive financial advisor to Brown & Joseph, working closely with LaSalle and management throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction. Terms of the transaction were not disclosed.
Mark Schabel, CEO of Brown & Joseph commented, “Lincoln developed a deep understanding of the complexities of our business and what makes Brown & Joseph unique. They successfully communicated this to the market, which resulted in very strong interest and a successful outcome for everyone through an efficient, expedited process.”
Lincoln's senior-led team worked hand-in-hand with us during every step of the transaction.
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The transactions we work on are often trajectory-altering, with high stakes and pressure to get it right. We know our work, however challenging in the moment, is going to be impactful.
Mike Iannelli
Managing Director & Co-head of Business Services
Chicago
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