Rick Weil

Mesirow, an independent, employee-owned financial services firm, recently announced that it acted as the exclusive financial advisor to Pharma Packaging Solutions (“PPS” or the “Company”), a division of Carton Service CSI, LLC, on its sale to Tjoapack, a Netherlands-based contract packaging organization serving the pharmaceutical industry.

Merger-and-acquisition (M&A) activity in any industry segment usually reflects the overall health of its economic conditions. In good times, companies have cash and confidence to pursue expansion activities and new growth markets—many times, via the M&A route. In not-so-good times, the activity slows, as companies look inward toward strengthening their existing businesses through cost reductions and efficiency improvements.