Mesirow Advises Romanow Container on its Sale to SupplyOne
Mesirow, an independent, employee-owned financial services firm, announced it acted as the exclusive financial advisor to Romanow Container (“Romanow” or the “Company”) on its sale to SupplyOne, Inc. (“SupplyOne”), the largest independent supplier of corrugated and other value-added packaging products, equipment and services in the US and portfolio company of Wellspring Capital.
Romanow is a leading, privately-held manufacturer of corrugated products and protective packaging and distributor of industrial packaging supplies headquartered in Westwood, MA. The Company was founded in 1948 by Allan Romanow as a corrugated converting operation. Since then, Romanow has invested in state-of-the-art manufacturing facilities and complemented its offering with custom polyethylene and polyurethane foam fabrication, wood crating and pallets, packaging supplies and services that include packaging design and testing, and inventory management. Today the Company is a highly regarded packaging manufacturer and distributor recognized for the value and exceptional service they deliver to its New England customer base. With the Company’s comprehensive product capabilities and unwavering commitment to service, the acquisition of Romanow will bolster SupplyOne’s portfolio of products and enhance its customer base across New England.
Ted Romanow, President of Romanow, said, “Mesirow offered expert guidance throughout this transaction, ultimately securing a tremendous outcome for the Company. The team’s deep industry insights combined with their long-standing relationships led us to the ideal partner to support Romanow’s continued growth and success.”
“We are pleased to have represented Romanow during this process,” commented Melanie Yermack, Managing Director of Mesirow Investment Banking. “The Company and SupplyOne share a commitment to high-quality service and innovative solutions. We believe this strategic partnership will enhance both organizations’ ability to provide industry-leading products to their customers.”
The sale of Romanow 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.