Prairie is Pleased to Announce the Promotions of Will Hobby and Joseph Labetti

OAKBROOK TERRACE, IL – June 13, 2024 Prairie Capital Advisors, Inc. (“Prairie”), a leading middle-market investment bank, is pleased to announce the promotion of Will Hobby and Joseph Labetti to Vice President.

Will Hobby rejoined Prairie Capital Advisors in 2023. He advises middle-market companies on employee stock ownership plans (“ESOPs”), corporate valuation, financial opinions and other investment banking advisory services. He is responsible for providing project management services, corporate valuations and transaction analyses in support of capital structuring engagements, including the following: ESOP implementation, leveraged recapitalizations, management buyouts (“MBOs”), mergers and acquisitions (“M&A”), fairness opinions and other corporate finance-related topics.

“Since joining us in 2018, Will has always embodied our core values and has become an exceptional team member to our organization. Additionally, his technical and communication skills have helped contribute to our success in serving our clients and professional partners. I’m excited to see his continued growth in the coming years,” said Franco Silva, Director.

Joseph Labetti joined Prairie Capital Advisors in 2022. He is part of the ESOP advisory practice focusing on transaction structuring, capital raising and ESOP formations. Joseph is a key member of Prairie’s Capital Markets group, advising clients through optimizing capital structure, planning for future capital needs and sourcing financing for strategic projects and growth objectives.

Shaun McGehee, Director, stated, “Since joining our firm, Joseph’s ability to navigate complex transactions and deliver outstanding client service has significantly contributed to the growth and success of our ESOP advisory practice. Joseph’s passion for advising middle-market businesses and developing our professional staff truly exemplifies our core values, and it has been a pleasure to witness his continued growth and professional development.”

About Prairie Capital Advisors

Prairie is a leading financial advisory firm specializing in creating and executing ownership transition strategies for middle-market companies nationwide. In 2024, Prairie was named ESOP Investment Bank of the Year by M&A Atlas. For more information, visit


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Wendy Gugora, Director of Marketing
Prairie Capital Advisors, Inc.

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