Wisconsin Gas Leasing Services a business unit of
Wisconsin Energy Corporation
have been acquired by
SB Partners
MERTZ ASSOCIATES
acted as advisor to Wisconsin Energy Corporation in designing a selling program, preparing offering materials, contacting potential purchasers, evaluating proposals and participating in negotiations.
WISCONSIN GAS LEASING SERVICES, Milwaukee, Wisconsin, provides full-service operating leases for commercial hot water heaters and other small-ticket commercial equipment. The operation has over 4,500 active leases representing 3,000 customers in six states.
WISCONSIN ENERGY CORPORATION, Milwaukee, Wisconsin, is an $8.4 billion public holding company with a diversified portfolio of subsidiaries engaged in electric generation; electric, gas, steam and water distribution; pump manufacturing and other non-utility businesses.
SB PARTNERS, Chicago, Illinois, is a private equity investment firm that partners with minority-owned and women-owned, middle-market companies pursuing buyouts, expansions, recapitalizations and industry consolidations. Wisconsin Gas Leasing Services is a platform acquisition in leasing for SB Partners.