Dealmakers love March Madness, and many middle-market firms have roots in the same communities as the teams that made it to the NCAA Tournament’s Final Four.
The city of Chicago, home to the Loyola University Chicago Ramblers, hosts dozens of middle-market companies, from private equity firms like GTCR to investment banks like William Blair and lenders including Madison Capital and Twin Brook.
As a No. 11 seed, Loyola ties the record for the lowest seed to ever reach the Final Four. Like the Ramblers' 98-year-old chaplain Sister Jean, middle-market firms based in Chicagoland may be urging Loyola-Chicago to “worship, work and win,” in keeping with the university’s identity as a Catholic university, founded by the Jesuits in 1870.
Meanwhile, the other regions represented by the Final Four – Michigan, Pennsylvania and Kansas – boast their own share of companies doing business in the middle market, as you’ll see on the following slides.