Sikich Acquires Levi Littell Herbst & Co.

Aurora, Ill.-based Sikich (FY08 net revenue of $43.9 million) has acquired Levi Littell Herbst & Co., a boutique M&A advisory firm that specializes in transactions under $100 million in value, located in Chicago and New York.

Managing directors Laurence Levi and Richard Herbst will join Sikich as partners and will bring their entire staff. LLH & Co. will be integrated into Sikich’s existing investment banking group and will operate under the Sikich name; however, their offices will remain in Chicago and New York.

“Laurence and Rick have built a firm with an outstanding reputation among entrepreneurs and financial investors,” says Christopher Geier, PIC of the Investment banking practice at Sikich. “The talent in our group and our ability to leverage existing resources puts us in an even better position in the middle market to serve our clients. We are very fortunate to add their capabilities and leadership to our team,” he concludes.