Mesirow Financial has served as the exclusive financial advisor to Fleetwood-Fibre Packaging & Graphics on its sale to Golden West Packaging Group, a portfolio company of Lindsay Goldberg.
Headquartered in City of Industry, CA, Fleetwood provides high-impact packaging solutions through industry-leading capabilities that include high-graphic corrugated packaging, POP displays, folding cartons, thermoformed plastic packaging and brown box corrugated solutions.
It serves strong-growth consumer markets in the food, beverage, health, medical, pharmaceutical, beauty, consumer product, agriculture and wine industries. Fleetwood is well-positioned to serve these markets, with extensive structural and graphic design capabilities and up to seven color printing capabilities.
Fleetwood is equipped with top-of-the-line flexographic, offset and digital printers and highly skilled staff. In addition, it offers a full-service solutions suite that includes assembly, fulfillment, warehousing, just-in-time delivery and customer service and support.
Fleetwood chairman and CEO John Webb said: "We are very pleased with how the sale concluded. Mesirow Financial did an excellent job of handling the transaction from start to finish." Brad Jordan, president of Fleetwood, added, "Mesirow Financial's process paired us with the absolute right partner to continue to support our customers."
Bill Hornell, managing director of Mesirow Financial's Investment Banking group, said, "We were honored to represent the owners of Fleetwood. We believe that this strategic combination will enable the Company to continue delivering exceptional service and quality to its customers."
The transaction represents another successful assignment completed by Mesirow Financial's Investment Banking group. Mesirow Financial is one of the most active advisors in the paper, plastics, packaging and specialty printing sectors, having completed over 100 transactions in recent years.
Fleetwood-Fibre Packaging & Graphics was founded in 1952 and is a premier provider of high-impact retail packaging solutions, offering a variety of unique packaging alternatives.
Golden West Packaging Group is a leading West Coast mill-independent specialty packaging business formed in 2017 by Lindsay Goldberg. Lindsay Goldberg is a private investment firm managing approximately $13 billion of equity capital that partners with founders, families, and entrepreneurs to actively build their businesses.