Mesirow Financial Advises Prime Graphics in Sale
CHICAGO—Mesirow Financial, Inc. (www.mesirowfinancial.com) acted as exclusive financial advisor to Prime Graphics, Inc. (www.primegraphics.com), a Wood Dale, Ill.-based converter of flexible packaging solutions, in its sale to Kollman Label and Packaging Group, a printing and packaging holding company headquartered in Yardley, PA.
Founded in 1980, Prime Graphics is a printer and converter of graphically intensive flexible packaging solutions. The company offers high-visibility wraps, roll-fed labels, film laminations, pressure-sensitive labels, and shrink sleeves to consumer product companies. The company serves regional manufacturers and contract packagers within the food, beverage, personal care, household, medical, and private label markets. Kollman Label and Packaging Group is a holding company formed in 2008 to acquire printing and packaging companies that serve the food and personal care product industries.
“Mesirow Financial played a crucial role in identifying a strong group of prospective buyers whose strengths and capabilities were aligned with those of Prime Graphics,” comments Bill Hunter, president and CEO of Prime Graphics. “Drawing upon their extensive experience in the middle-market paper and packaging industry, Mesirow Financial was instrumental in facilitating a successful close.”
“We are pleased to have served as financial advisor to Prime Graphics in this transaction,” says Louis Mitchell, managing director of Mesirow Financial. “The combination of Prime Graphics and Kollman creates a strong provider of flexible packaging solutions for its customer base and a platform for future growth.”