Transaction Announcement

Carlson-Dettmann Consulting has been acquired by Cottingham & Butler

About the Transaction

Faelon Partners, Ltd. announces the Sale of Carlson-Dettmann Consulting (CDC) to Cottingham & Butler. CDC is a Human Resources Consulting firm that provides strategies for employers to recruit and retain employees with effective compensation systems. CDC employees have in-depth expertise in compensation strategies, employee relations, and executive compensation. CDC delivers Total Rewards Compensation strategies for clients in a variety of industries, including: Public Schools & Government, Bank & Credit Unions, Manufacturing, and Public Utilities.

Carlson-Dettmann Consulting retained Faelon Partners, Ltd. for representation during this transaction. Faelon Partners, Ltd. conducted a national search for potential buyers and assisted our client through the entire sales process. Our duties included market research, buyer outreach and negotiation and developing a financial structure for this transaction. In addition to monitoring and assisting with the due diligence process, Faelon Partners Ltd. worked with CDC staff and Cottingham & Butler representatives on employee transition.

About Faelon Partners

Faelon Partners, Ltd. is a Twin Cities, MN, based Merger & Acquisition Advisory Firm. The firm specializes in seller and buyer representation for privately held companies throughout the Upper Midwest. The firm has extensive market research capabilities and a proven sales process to pair an owner’s vision for their company with transition plans. Faelon Partners, Ltd. seeks to find the best strategic, financial, or private buyer for your company.

About Carlson-Dettmann

Carlson Dettmann Consulting (CDC), a Cottingham & Butler Company, is an independent management consulting firm with primary expertise in compensation strategies, employee relations, and related business services.

About Cottingham & Butler

Cottingham & Butler is the 5thlargest privately held broker in the U.S., the 25th largest insurance broker in the U.S. and a recognized leader in offering innovative property & casualty and employee benefit insurance solutions. The company is headquartered in Dubuque, Iowa, and employs over 1,000 employees across the U.S.