CIBC Cleary Gull Advises KICTEAM, INC. on its Sale to Inverness Graham Investments
Milwaukee, Wisconsin, June 1, 2020 – CIBC Cleary Gull is pleased to announce that its client KICTeam, Inc. (“KICTeam or the Company”) has been acquired by Inverness Graham Investments (“Inverness Graham”). The Company’s exiting owners, Argosy Private Equity (“Argosy”) and Anvil Capital (“Anvil”), along with management, selected CIBC Cleary Gull as exclusive financial advisor to KICTeam in this transaction.
Based in Auburn, Maine, KICTeam (www.kicteam.com) is a global industry leader in the design, manufacturing, and marketing of a broad range of high quality, branded and private label single-use technical cleaning products and agents. The Company’s products are used to clean FinTech electronic devices (e.g. ATMs, POS devices, cash recyclers, thermal printers, etc.) that process transactions, facilitate payments, process orders and images, and print transaction records and documents for the banking, hospitality, retail, logistics, transportation, and self-service markets.