Mergers & Acquisitions

H.I.G. Capital Completes Acquisition of Pixelle Specialty Solutions
May 24, 2022 at 5:59 pm

H.I.G. Capital, a global alternative investment firm with over $49 billion of equity under management, has announced that one of its affiliates has completed the acquisition of Pixelle Specialty Solutions LLC. Pixelle is a producer of specialty substrates for label products, food packaging, industrial applications, commercial and digital printing, and...

Smart Source Acquires Suncoast Marketing Inc.
May 17, 2022 at 5:57 pm

Smart Source, Atlanta, is pleased to announce its acquisition of Suncoast Marketing Inc., Fort Lauderdale, Florida. Suncoast was founded in 1977 and is ranked as the No. 1 distributor in Florida and top 35 in the U.S. Suncoast has established this position by consistently "Delivering Bright Ideas" through...

Zagwear Acquires Arrow Promotional, Expanding Presence in US and UK Markets
May 17, 2022 at 12:44 pm

Zagwear, a branded merchandise agency headquartered in White Plains, New York, with offices across the globe, has acquired Arrow Promotional, a New York City and UK-based promotional merchandise company with a long list of top-tier clients. Financial terms were not disclosed...

HALO Branded Solutions Acquires BrandVia
May 8, 2022 at 8:40 pm

HALO Branded Solutions, Sterling, Illinois, announced the acquisition of BrandVia, San Jose, California. "BrandVia plays a key role in building the brands of an elite list of major technology clients, including Salesforce, Adobe, LinkedIn, PayPal and Nvidia," said HALO CEO Marc Simon. "They have built a strong reputation based...

Boom or Bust: Have M&As Increased as Expected?
May 3, 2022 at 1:25 am

This time last year, the print and promo industry seemed poised for an explosion of M&A activity as the business fallout from the pandemic became clearer. Did it happen? Plus, things to consider if you’re buying or selling...

S&S Activewear Acquires TSF Sportswear
April 12, 2022 at 3:08 pm

S&S Activewear, Bolingbrook, Illinois, has acquired TSF Sportswear. By acquiring TSF, S&S gains greater access to markets in the Southern U.S., while TSF's customers can now select from S&S's more than 100 brand offerings and benefit from a greater depth of inventory driven by S&S's nationwide network...

BillerudKorsnäs Completes Acquisition of Coated Paper Manufacturer Verso
April 12, 2022 at 1:20 am

BillerudKorsnäs has completed its acquisition of Verso for a purchase price of approximately $825 million in cash. Verso is a leading producer of coated paper in North America, with 2021 net sales of $1.278 billion and adjusted EBITDA of $223 million. The acquisition of Verso reinforces BillerudKorsnäs’ strategy to drive profitable...

Lindsay Goldberg Enters Into Agreement to Sell Pixelle Specialty Solutions LLC
April 5, 2022 at 5:42 pm

Pixelle Specialty Solutions Holding LLC, a leading provider of fiber-based specialty solutions in North America and portfolio company of Lindsay Goldberg, has signed a definitive agreement to be acquired by an affiliate of H.I.G. Capital, a leading global alternative investment firm with $48 billion of equity capital under management...

American Solutions for Business & BrandCo Acquire Innovative Promotions
April 5, 2022 at 5:34 pm

American Solutions for Business and its California-headquartered affiliate BrandCo have acquired Innovative Promotions under a new contract. Financial terms of the deal were not disclosed. BrandCo owner Brandon Kennedy, as well as the ASB team, is most looking forward to assisting previous Innovative Promotions owners Mary and Al Alvarez into a smooth transition after retirement...