Firm Management
BGM Acquires Minneapolis-Based M&A Firm SealedBid
The top 200 firm and SealedBid have referred clients to each other and had a collaborative relationship over the last 30 years.
Jul. 29, 2024
Top 200 accounting firm BGM (Boeckermann Grafstrom & Mayer) has added SealedBid, a specialized lower mid-market mergers and acquisitions (M&A) firm based in Minneapolis.
Bloomington, MN-based BGM and SealedBid have referred clients to each other and had a collaborative relationship over the last 30 years. With SealedBid joining, BGM’s team now boasts 170 professionals.
“The integration of SealedBid into our firm marks a significant milestone in our strategic expansion,” BGM CEO Cory Parnell said in a statement. “SealedBid’s deep expertise in M&A complements our existing services perfectly, enhancing our ability to offer comprehensive, expert-guided solutions to our clients. This union signifies our shared vision and commitment to growth and excellence in serving the diverse needs of businesses throughout the region.”
Founded in 1993, SealedBid represents clients in the sale, merger, purchase, and valuation of closely held private businesses in Minnesota, the Midwest region, and the U.S.
“Joining forces with BGM represents an exciting new chapter for SealedBid,” said Gerald Clark, founder and managing director of SealedBid. “Partnering with SealedBid to provide superior M&A services to the BGM network of clients is a true testament to the BGM philosophy of advising clients through the lifecycle of their business, and SealedBid is extremely excited to be a part of the team.”