Mesirow Advises Jay Packaging Group on Sale to Rohrer Corporation
Mesirow, an independent, employee-owned financial services firm, announced it acted as the exclusive financial advisor to Jay Packaging Group, Inc. (“Jay Packaging” or the “Company”) on its sale to Rohrer Corporation (“Rohrer”), a portfolio company of Wellspring Capital Management and leading retail-packaging designer and manufacturer.
Based in Warwick, Rhode Island, Jay Packaging is a premier specialty printing and thermoforming company serving the beauty, luxe, home, and health markets. Founded in 1945, the Company has since grown into one of the industry’s most creative package design, enhancement, and solutions companies in the Northeast for printing, folding cartons, and plastic components. The addition of Jay Packaging Group to Rohrer strengthens the combined capabilities of both companies in the areas of high-end printing and decorating, carded blister, thermoformed, and folded carton packaging while advancing Rohrer’s efforts in sustainable packaging.
“Mesirow provided tremendous support during this process, drawing upon the team’s extensive folding carton and specialty packaging expertise to secure a successful outcome for Jay Packaging, its employees, and customers. Our partnership with Rohrer will accelerate the Company’s growth objectives and maintain its commitment to exceptional service,” said Richard Kelly, President of Jay Packaging.
Melanie Yermack, Managing Director of Mesirow Investment Banking, commented, “We were pleased to represent Jay Packaging throughout this transaction. We believe Rohrer is committed to supporting and investing in the Company’s operations, enabling Jay Packaging to continue offering its customers unparalleled solutions and service.”
The sale of Jay Packaging to Rohrer represents another successful assignment completed by Mesirow Investment Banking. Mesirow is one of the most active advisors in the paper, plastics, and packaging sectors, having completed more than 150 transactions over the past 20 years. Committed to leveraging extensive sector-specific expertise across industry groups and nurturing deep long-standing relationships, Mesirow has a proven track record of completing highly tailored and successful transactions on behalf of clients.
The preceding press release was provided by a company unaffiliated with Packaging Impressions. The views expressed within do not directly reflect the thoughts or opinions of Packaging Impressions.