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TNMA Team Dual Award Winner at the 21st Annual M&A Advisor Awards

The True North Mergers and Acquisitions (TNMA) team was recognized for winning multiple awards at the M&A Advisor Awards gala. The TNMA team won the Industrials Deal of the Year award for their work on the AAA Striping Services acquisition, while Kirill Graminschi, senior M&A associate, was recognized with an Emerging Leaders Award.

Athman Dairy, Inc. Joins Advanced Dairy West, LLC

True North Mergers and Acquisitions (TNMA) Managing Director, Erica Gilson, announced today that Advanced Dairy West, LLC (Advanced Dairy) of Spring Valley, Wisconsin, has purchased Athman Dairy, Inc. (Athman Dairy) of Pierz, Minnesota. The 50+ employee business will retain all 13 employees of the family dairy operation led by second-generation cousins, Loren and David Athman. After more than four decades in business, the Athman cousins determined it was time to start thinking about retirement and transitioning their business. The owners enlisted the help of TNMA after being referred by a past client who had been impressed by the firm’s tenacity and dedicated support. The TNMA team brought both characteristics to the transaction. 

True North Companies Partner to Preserve Lonsdale Packaging’s Local Legacy

True North Mergers and Acquisitions (TNMA) today announced that True North Equity Partners of Minneapolis, Minnesota, has purchased Lonsdale Packaging (Lonsdale) of Lonsdale, Minnesota. The TNMA team of advisors worked with Lonsdale’s owners to find a buyer that safeguarded the legacy and values on which the owners founded the business in 1998. Lonsdale is a full-service packaging and logistics company that delivers high-quality packaging on-site in their Lonsdale facility. 

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Love Can’t Be Blind: Preparing for a Business Transfer to Children or Insiders

Successful business owners do a lot of things well, and they make it look easy. This is often a sign of well-running processes and years of discipline. However, it can also be a trap for successful business owners who intend to pass their businesses onto their children or business insiders. While you may love the …

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How to Remove “I Can’t Retire” From Your Planning Mindset

There’s a big difference between not wanting to retire and not being able to retire. Even business owners who intend to die at their desks can appreciate the safety net of financial independence should something unexpected occur. But many business owners look forward to an ideal future without implementing the proper planning to achieve it. Today, we’ll discuss …

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3 Value Drivers You Can Start Installing Right Now

An Important aspect of growing a successful business is creating transferable value. Transferable value is what your business is worth to someone else without you at the helm. Whether you plan to retire or die at your desk, transferable value is what increases business value. To create transferable value, you’ll need to install several Value …

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