Sell Side Advisor

Duff & Phelps Advised MSA Holdings, LLC on its Sale to MB Financial Bank, N.A.

MSA Holdings, LLC (“MSA Holdings” or the “Company”), parent company of MainStreet Investment Advisors, LLC (“MainStreet”) and Cambium Asset Management, LLC (“Cambium”), has been acquired by MB Financial Bank, N.A.

Duff & Phelps served as exclusive financial advisor to the shareholders of MSA Holdings and provided M&A advisory services in connection with the sale transaction.

About MSA Holdings, LLC

MSA Holdings, through its subsidiaries MainStreet and Cambium, is a full-service trust and wealth management advisory firm specializing in portfolio management, in-depth investment research and marketing support services. Its comprehensive suite of investments offers solutions for varying account sizes and risk tolerances. The Company is headquartered in Chicago, Illinois and was founded in 2003.

MainStreet provides investment advisory services for bank and independent trust departments as well as insurance companies throughout the United States. In its capacity as a sub-advisor, MainStreet provides investment recommendations, research, marketing and investment manager support to clients.

Cambium was founded in 2014 and is a wealth management firm dedicated to meeting the investment needs of individuals, families, foundations, endowments and institutions. Cambium’s services include separate account management, retirement planning solutions as well as a small account platform.

About MB Financial Bank, N.A.

MB Financial Bank, N.A. is a Chicago-based commercial bank with approximately $15 billion in assets and a more than one hundred year history of building deep and lasting relationships with middle-market companies and individuals. MB Financial Bank, N.A. offers a full range of powerful financial solutions and expertise and experience of bankers who are focused on their clients’ success. MB Financial Bank, N.A. is a wholly-owned subsidiary of MB Financial, Inc. (NASDAQ:MBFI).


Mergers and Acquisitions (M&A) Advisory

Kroll’s investment banking practice has extensive experience in M&A deal strategy and structuring, capital raising, transaction advisory services and financial sponsor coverage.

Corporate Finance and Restructuring

M&A advisory, restructuring and insolvency, debt advisory, strategic alternatives, transaction diligence and independent financial opinions.

Transaction Advisory Services

Kroll’s Transaction Advisory Services platform offers corporate and financial investors with deep accounting and technical expertise, commercial knowledge, industry insight and seamless analytical services throughout the deal continuum.

Fairness and Solvency Opinions

Duff & Phelps Opinions is a global leader in Fairness Opinions and Special Committee Advisory, ranking #1 for total number of fairness opinions in the U.S., EMEA (Europe, the Middle East and Africa), Australia and Globally in 2023 according to LSEG (FKA Refinitiv).