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).