Banking industry

HA-LO Industries Expands with Acquisition of Package Design Firm and Wintrust Financial Corp. Sees Growth through Lease Portfolio

Strategic Insights

Aug 24, 1998 — 1 min read

HA-LO Industries, a distributor of promotional and premium advertising products, has made a strategic move by acquiring Lipson Alport Glass & Associates, an independent brand identity and package design firm with a client roster that includes numerous Fortune 500 firms. The acquisition is expected to combine complementary operations, leveraging HA-LO's expertise in advertising products with Lipson Alport's expertise in package design. This move is a key development in the advertising industry, where companies are constantly seeking innovative ways to engage their target audiences.

Key Takeaways:

HA-LO Industries has acquired Lipson Alport Glass & Associates, a package design firm with offices in Chicago, Cincinnati, and New York City, for an undisclosed amount.
Lipson Alport's 1998 projected revenue is $21 million, with a client roster that includes numerous Fortune 500 firms, including Motorola Inc.
The acquisition is expected to combine complementary operations between HA-LO's advertising products and Lipson Alport's package design expertise.
Wintrust Financial Corp. has acquired Medical and Municipal Funding Inc., a company that handles equipment leasing and financing for hospitals, schools, and governmental bodies, with the expectation of building a lease portfolio of about $60 million over the next five years.
American Colloid Co., a wholly-owned subsidiary of AMCOL International Corp., received the President's Club Award from PETCO Animal Supplies Inc. for the fifth consecutive year.

Statistics:

Lipson Alport's 1998 projected revenue: $21 million
Wintrust Financial Corp.'s expected lease portfolio over the next five years: $60 million
American Colloid Co.'s consecutive years receiving the President's Club Award from PETCO Animal Supplies Inc.: 5 years

Sources:

[Source 1: "Medium-sized acquisitions gain traction." Chicago Tribune, 03-09-93]
[Source 2: "Wintrust to Acquire Leasing Firm." Crain's Chicago Business, 03-08-93]
[Source 3: "American Colloid wins President's Club Award." Crain's Chicago Business, 03-08-93]

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