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AC Lordi Announces Management Buyback

Reuters (07/10/13)

AC Lordi, an accounting and risk management consulting and executive search provider, has engaged in a management buyback from Chicago Growth Partners and Peppertree Capital. Frank Lordi, chief executive and managing principal of AC Lordi, says, “When the opportunity arose to re-acquire the firm, it was a logical decision. A return to local ownership offers us greater flexibility in hiring and rewarding our employees, pursuing strategic partnerships and other market opportunities, and ultimately fulfilling our long-term vision.”