Newsletter Articles

COLUMBUS, Ohio – April 5, 2023 – Plaskolite LLC (“Plaskolite”), a global leader in manufacturing engineering thermoplastics, today announced that it has signed an agreement to acquire the land, buildings and equipment of a facility in Matamoros, Mexico from Trinseo (NYSE: TSE), a specialty material solutions provider. This facility specializes in the production of cell…

The new member participants in the Illinois Venture Capital Association (IVCA) keeps expanding, giving the current membership new opportunities for networking, in addition to offering support and partnerships. This advantage keeps evolving the association and its advocation of Venture Capital, Private Equity and satellite industries. The latest new member is Buoyant Ventures, investing in solutions…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, March 15, 2023 IVCA PARTNERSHIP BILL CLEARS SENATE COMMITTEE On a unanimous vote with no debate the Senate Revenue Committee approved  SB 1880 to modernize the definition of an investment partnership to include private equity funds. The bill has enjoyed similar acceptance previously…

On April 11, 2023, IVCA presents our annual Spring Luncheon! Join us for “Establishing A Private Equity Firm: Then, Now, and in the Future” with: Private equity fundraising has been on a tear over the past decade, but will the growth continue? This candid discussion focuses on the path to establishing a firm and the…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, March 1, 2023 VALLAS/JOHNSON RUNOFF While not a state office there is no doubt the Mayor of Chicago is a significant figure in state politics. Chicago voters yesterday decisively moved on from Mayor Lori Lightfoot and set up a runoff between former city…

On April 11, 2023, IVCA presents our annual Spring Luncheon! Join us for “Establishing A Private Equity Firm: Then, Now, and in the Future” with: Private equity fundraising has been on a tear over the past decade, but will the growth continue? This candid discussion focuses on the path to establishing a firm and the…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, February 15, 2023 BUDGET EDITION Governor JB Pritzker submitted his FY 24 budget today to the Illinois General Assembly in a combined State of the State / Budget Address. BUDGET BOOK GOVERNOR HIGHLIGHTS BUDGET DETAILS PER AGENCY Governor Pritzker and the two Democratic…

The just past Super Bowls Ads were missing a significant player from 2022 … Cryptocurrency. After several celebrity-based endorsements during the big game last year, the market had a significant decline beginning last May. Bitcoin, for example, is a quarter of its value from the start of 2022, and the industry is still grappling from…

We are happy to announce that as of February 1st, 2023 Christie Pruyn has joined IVCA as our third ever Executive Director.  Christie comes to us with over 15 years’ experience in Association Management.  She has led Associations in Healthcare, Events, and Banking and is ready to get up-to-speed on venture & private equity investing. …

Linx Partners is excited to announce the launch of LXP, a new affiliate platform focused on direct, partnership-oriented investments through single-purpose funds, utilizing the proven successful philosophies and capital deployment strategies of its senior partners. Initially conceived in 2021, the partners of LXP independently completed two transactions utilizing this strategy and are actively seeking new…