M&A Deal Summary

Charter Oak Equity Acquires LicaFlex Packaging

On October 25, 2018, private equity firm Charter Oak Equity acquired packaging company LicaFlex Packaging

Acquisition Highlights
  • This is Charter Oak Equity’s 3rd transaction in the Packaging sector.
  • This is Charter Oak Equity’s 2nd transaction in Canada.
  • This is Charter Oak Equity’s 1st transaction in Quebec.

M&A Deal Summary

Date 2018-10-25
Target LicaFlex Packaging
Sector Packaging
Buyer(s) Charter Oak Equity
Deal Type Recapitalization

Target

LicaFlex Packaging

Lachine, Quebec, Canada
website
LicaFlex Packaging is a vertically-integrated producer of flexible plastic packaging, including shrink film, laminated roll stock, and pouches, for food and beverage customers in the US and Canada. LicaFlex Packaging extrudes its own film for printing and also features add-on laminating and slitting capabilities. LicaFlex Packaging was founded in 1988 and is based in Lachine, Quebec.

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Buyer(S) 1

Buyer

Charter Oak Equity

Westport, Connecticut, United States

Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1992
PE ASSETS 500M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Charter Oak Equity is a private equity group focused on control investments in lower middle-market companies valued between $25 and $150 million. The Firm looks for businesses operating large markets with significant room for growth. Target sectors include niche manufacturing, packaging, medical products, specialty chemicals, consumer products, and financial services. Charter Oak generally targets family-owned companies or non-core divisions of larger companies. Charter Oak Private Equity was formed in 1992 and is based in Westport, Connecticut.


DEAL STATS #
Overall 33 of 35
Sector (Packaging) 3 of 3
Type (Recapitalization) 2 of 3
State (Quebec) 1 of 1
Country (Canada) 2 of 2
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-22 ShelterLogic

Watertown, Connecticut, United States

ShelterLogic is a manufacturer and marketer of fabric-covered, steel frame shelters and canopies for diverse consumer and commercial applications, including sheds, garages, greenhouses, and pop-up canopies. ShelterLogic was founded in 1991 and is based in Watertown, Connecticut.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-30 Chemres

Princeton, New Jersey, United States

Chemres is a compounder and global logistics provider of high-performance specialty polymer materials, services, and solutions. Chemres has been servicing the medical, packaging, and wire & cable markets using multiple manufacturing technologies since 1995. Chemres’s Chesapeake, VA plant is uniquely qualified for the production of medical-grade, mission-critical resins to meet customers’ demanding performance standards. Chemres was founded in 1995 and is based in Princeton, New Jersey.

Buy -