Pandemic slowed deal-making in Minnesota last year The state logged two public offerings in 2020. Text size Copy shortlink:
Ryan Miest, a veteran mergers-and-acquisition lawyer in Minneapolis, saw a hot year for buying and selling companies cool in a hurry in 2020.
The change happened in February, even before workers abandoned offices, and came after a record year for transactions in 2019, said Miest, co-chairman of the M&A practice at Fredrikson & Byron. The daily news of COVID was getting worse, Miest recalled last week. We were seeing the vast majority of our deals terminated or put on the shelf. An anxious time for sellers.
Minneapolis, MN 55408
Accessible360 (A360), a leading digital accessibility provider, has been acquired by T-Base Communications (T-Base), a leader in accessible communications. Combining T-Base’s highly automated and secure document accessibility capabilities with A360’s web and digital accessibility expertise creates a comprehensive accessibility solution for enterprise customers. T-Base is a portfolio company of growth-oriented private equity firm, Thompson Street Capital Partners.
Mark Lacek, Chairman and Co-Founder of A360 said, “We are so excited because now companies can work with a single entity to ensure their disabled customers can easily and effectively interact with them. I know the A360 staff has found a great home as part of the T-Base family.” Michele Landis, Co-Founder and CRO, A360 added, “This combination has created the most diverse and capable full-service accessibility provider in the marketplace. I am so enthusiastic about the future.”