Mergers & Acquisitions

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...

AAkron Line Acquires The Allen Company
March 28, 2022 at 7:35 pm

AAkron Line, Akron, New York, announced today that it has acquired The Allen Company. Founded in 1959, The Allen Company is a third-generation family business that has won nearly every industry award during that time, 50 in total...

RRD Shareholders Approve Acquisition by Chatham; Thomas Quinlan Named New CEO
March 1, 2022 at 8:31 pm

RRD shareholders approved the acquisition, after which Chatham Asset Management named former RRD CEO Tom Quinlan as the new CEO of RRD. “We are excited about the next chapter in RRD’s journey, and I am personally thrilled to be leading the company once again,” Quinlan said in a prepared statement...

Polyconcept Acquires Print-on-Demand Company Spoke Custom Products
March 1, 2022 at 7:52 pm

Polyconcept, parent company of Polyconcept North America (PCNA), New Kensington, Pennsylvania, has completed its acquisition of Spoke Custom Products. Headquartered in Norcross, Georgia, with an additional fulfillment center in Mesa, Arizona...

PromoCentric Acquires Northeast Creations
February 8, 2022 at 8:02 pm

PromoCentric, Newmarket, New Hampshire, announced that it has acquired Northeast Creations. The start of the two companies' relationship began when Northeast Creations had the need for an additional decorating and fulfillment resource, as the pandemic...

Stran Acquires GAP Promotions
February 1, 2022 at 8:12 pm

Stran & Company Inc., the distributor based in Quincy, Massachusetts, has signed a definitive agreement to acquire GAP Promotions LLC (GAP Promo) in an asset purchase transaction. The acquisition is expected to close during the first quarter of 2022, and is subject to customary closing conditions...