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Peakstone Advises Thillens on Sale to Edessa Growth Partners
- Date May 8, 2025
- Transaction type Acquisition
- Industry Business Services
Founded in 1932 in Chicago, Thillens is the Midwest’s largest independent armored service provider. Thillens provides a highly differentiated combination of logistics offerings, technological innovations, and attentive customer service that are difficult for competitors to replicate. The Company primarily serves customers in the financial services, gaming, and retail industries with strong growth opportunities in adjacent markets due to the unique business model of Thillens. The Company currently operates 7 branches in Illinois and Wisconsin, with a further two scheduled to open in 2025. Edessa Growth Partners is a search fund led by Resit Melik, who will step in as the new CEO of Thillens.
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