Mergers and acquisitions involving Minnesota investors

November 17, 2013 at 8:00PM

TargetAcquirer

DateLocationLocationDescription

11/9Ecovative Design LLCMultiple investorsEcovative Design, a developer of compostable composites to

Green Island, N.Y. replace plastic foams, has raised $14 million in equity financing

from investors that include Maplewood-based 3M Co.

11/113 wind energy facilitiesAllete Inc.Allete Clean Energy, a unit of Allete Inc., will acquire wind farms

Lake Benton, Minn.; StormDuluthin Minnesota, Iowa and Oregon from AES Corp. in 2014 and has

Lake, Iowa; Condon, Ore. signed an option agreement to acquire a fourth wind energy

facility in Pennsylvania in 2015.

11/11Fab Pipe Inc.United States Pipe & U.S. Pipe & Foundry has acquired Fab Pipe, a manufacturer of

RogersFoundry Co.ductile iron and steel process piping products

Birmingham, Ala.

11/11Lee F. Murphy Inc.AssuredPartners Inc. AssuredPartners has acquired the Lee F. Murphy Inc. insurance

St. PaulLake Mary, Fla.agency, which specializes in commercial insurance.

11/12IVANS Network ServicesContingent NetworkContingent Network Services has accquired IVANS Network

TampaServicesServices, a computer network services provider, from

CincinnatiMinneapolis-based Ability Network Inc.

11/14Property portfolioBuchanan Street PartnersBuchanan Street Partners has acquired a 10-building portfolio

PhoenixNewport Beach, Calif.from Minnetonka-based Carlson Real Estate Co. for $52.6 million.

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