M&A Deal Summary

Centre Lane Partners Acquires LLFLEX

On January 31, 2012, private equity firm Centre Lane Partners acquired packaging company LLFLEX from Reynolds Packaging Group

Acquisition Highlights
  • This is Centre Lane Partners’ 1st transaction in the Packaging sector.
  • This is Centre Lane Partners’ 2nd transaction in the United States.
  • This is Centre Lane Partners’ 1st transaction in Kentucky.

M&A Deal Summary

Date 2012-01-31
Target LLFLEX
Sector Packaging
Buyer(s) Centre Lane Partners
Sellers(s) Reynolds Packaging Group
Deal Type Divestiture

Target

LLFLEX

Louisville, Kentucky, United States
website
LLFLEX is a supplier of laminated metal, paper, and film products offering industry-leading quality and global reach.

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Buyer(S) 1

DESCRIPTION

Centre Lane Partners is a private investment firm focused on making credit and equity, control and non-control, investments in North American middle-market companies. Centre Lane targets companies with revenues between $20 and $500 million that have leading market positions and sustainable competitive advantages in their respective niches. The Firm does not have any sector preferences and seeks to invest $5 to $250 million per transaction. Centre Lane Partners was formed in 2007 and is headquartered in New York City.


DEAL STATS #
Overall 2 of 17
Sector (Packaging) 1 of 1
Type (Divestiture) 1 of 3
State (Kentucky) 1 of 1
Country (United States) 2 of 16
Year (2012) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-16 Merit Distribution

Spartanburg, South Carolina, United States

Merit Distribution is a full-line distributor of painting and flooring installation sundries. Merit, through its Lancaster and E.J. Welch brands, provides just-in-time delivery to retailers and installers of sundries, tools, and products used for painting and flooring installation. Merit Distribution is based in Spartanburg, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-03 Focus Products Group International

Vernon Hills, Illinois, United States

Focus Products Group LLC to acquire the business and assets of AMCO Houseworks and Sensible Storage. AMCO Houseworks is a designer and manufacturer of houseware products that are sold to customers such as Crate and Barrel, Williams-Sonoma, and Bed Bath & Beyond. Sensible Storage is a designer, importer and distributor of storage products that are sold into mass-market retailers and club outlets, as well as smaller hardware and household stores.

Buy -

Seller(S) 1

SELLER

Reynolds Packaging Group

Richmond, Vermont, United States

Category Company
Sector Packaging
DESCRIPTION


DEAL STATS #
Overall 1 of 1
Sector (Packaging) 1 of 1
Type (Divestiture) 1 of 1
State (Kentucky) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1