Stout has advised Chicago Capital Partners on an equity recapitalization of Nickerson NY, LLC (“Nickerson” or the “Company”), whereby Chicago Capital Partners exited its investment, and the Company received a new growth investment from an affiliate of Cross Rapids Capital LP (“Cross Rapids Capital”). Stout served as financial advisor to Chicago Capital Partners and Nickerson in connection with the transaction, which closed March 2026.

Founded in 1952, Nickerson is a leading provider of equipment and furniture solutions for educational and institutional customers across the Northeast U.S. The Company offers a comprehensive suite of products, including athletic equipment, bleachers, casework and millwork, classroom and office furniture, auditorium seating, lockers, library and media center solutions, scoreboards, and digital signage.

Cross Rapids Capital is a private investment firm focused on partnering with established businesses to support growth and long-term value creation.