J&J Ventures Gaming has acquired Illinois Gaming Systems, and the purchase of all gaming operations of IGS will give J&J Ventures nearly 3,000 locations in gaming and amusements. J&J Ventures Gaming and J&J Ventures Amusements are headquartered in Effingham, Illinois, where their predecessor, J&J Ventures, Inc., began route operations in 1929. IGS is headquartered in [...]
Arena Food Service has acquired GÜDgut.life, but not much has changed, other than the company’s plans for growth. In 2018, David Radwine, who had previously worked as executive chef at the Sangamo Club, and Dennis Bringuet, owner of Ace Sign Company, teamed up to launch a new company that would provide healthier options for workplace [...]
BOS Asset Management, a newly created registered investment advisory firm, has acquired L.A. Burton & Associates following the retirement of owner Larry Burton. “It was an acquisition of his book of business; he was retiring after 27 years,” said Brian Brewer, senior vice president and program manager for BOS Investment Services. Brewer also serves as [...]
The State Journal-Register building at 915 E. Capitol Ave. is back on the market, with a significant price reduction. Last month, Illinois Times reported that the building was under contract to an undisclosed buyer for slightly less than the asking price of $2.9 million. Now, the property is back on the market at a list [...]
By Sarah Mansur, Capitol News Illinois Hospitality jobs in Illinois have declined nearly 52% since the pandemic began, according to new data, as lawsuits continue against the governor’s orders to close nonessential businesses. While leisure and hospitality jobs were hit the hardest, the number of small businesses open in Illinois overall has fallen by about [...]
Ocean Crab House, a Cajun seafood restaurant, has opened in the former Show Me’s restaurant at 3101 S. MacArthur Blvd. According to Sangamon County tax records, the property was sold on Dec. 2 for $700,000 to Ocean Crab House, Inc. That LLC is registered with the Illinois Secretary of State and lists Jinming Wu as [...]
Citizens Equity First Credit Union (CEFCU) has completed its purchase of four Illinois branches from Simmons Bank, effective March 15. The branch offices are located in Columbia, Edwardsville, Godfrey and O’Fallon, Illinois. CEFCU’s total assets as of the end of January 2021 were more than $7 billion. The purchase increases CEFCU’s assets by just over [...]
Audrey Kondelis has turned her passion for parties into a new business, Pole Barn Chic Events. Kondelis said she threw a birthday party for herself last year that inspired her to start professionally planning events for others. “Last year, I had a great big Mardi Gras party at my house. I brought up a Grammy-nominated [...]
The building at 3 S. Old State Capitol Plaza has been empty since the Greater Springfield Chamber of Commerce moved out in 2009, but a new owner hopes to put the property back into productive use. Aaron Acree, owner of Michael von Behren Builder, acquired the property last year from United Community Bank, which had [...]
By Sarah Mansur, Capitol News Illinois smansur@capitolnewsillinois.com The grant program for small businesses owners in Illinois who suffered losses during the pandemic has run out of money. Illinois’ Business Interruption Grant program was the largest state program of its kind, but only about 20%, or 8,974 applicants, received a grant. The Illinois General Assembly created [...]