M&A Deal Summary

Mason Wells Acquires Charter Next Generation

On July 22, 2010, private equity firm Mason Wells acquired plastics company Charter Next Generation

Acquisition Highlights
  • This is Mason Wells’ 1st transaction in the Plastics sector.
  • This is Mason Wells’ 13th transaction in the United States.
  • This is Mason Wells’ 9th transaction in Wisconsin.
Investment Fate
  • Charter Next Generation was sold to a consortium of financial buyers in 2015.
  • Charter Next Generation was sold to a consortium of financial buyers in 2017 for 1.5B USD.

M&A Deal Summary

Date 2010-07-22
Target Charter Next Generation
Sector Plastics
Buyer(s) Mason Wells
Deal Type Buyout (LBO, MBO, MBI)

Target

Charter Next Generation

Milton, Wisconsin, United States
Charter Next Generation is a manufacturer of highly engineered specialty films focused on high-cost-of-failure applications within food, medical and protective end-markets. The Company offers an extensive portfolio of films with complex resin formulations and multi-layer structures, designed to maintain food freshness, taste and color, extend shelf-life of products, and enhance product use and durability. Charter Next Generation is based in Milton, Wisconsin.

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Buyer(S) 1

Buyer

Mason Wells

Milwaukee, Wisconsin, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 2.4B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Mason Wells is a private equity firm focused on middle-market buyout opportunities in the Midwest US. Mason Wells looks to invest in businesses operating in engineered products and services, outsourced business services, and specialty packaging. Target companies typically generate revenue of $25 to $300 million and EBITDA of at least $5 million. The Firm prefers businesses with high barriers to entry, limited customer concentration, and strong market positions. Mason Wells was originally formed 1982 as a subsidiary of Marshall & Ilsley Corporation and became an independent firm in 1998. Mason Wells is based in Milwaukee, Wisconsin.


DEAL STATS #
Overall 13 of 40
Sector: Plastics M&A 1 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 9 of 27
State: Wisconsin M&A 9 of 17
Country: United States M&A 13 of 40
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-02 Sturm Foods

Manawa, Wisconsin, United States

Sturm Foods, Inc. is a private label manufacturer of sugar free powdered drink mixes, hot cereals and other dry mix products to the retail and foodservice channels. The sugar free powdered drink mixes are offered in a variety of flavors and also include energy, isotonic and nutraceutical products.

Sell $600M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-16 HK Systems

New Berlin, Wisconsin, United States

HK Systems develops, implements and supports solutions for the management of enterprise-wide inventory, distribution, logistics management and material handling systems. HK Systems manufactures automated guided vehicles, automated storage and retrieval machines, conveyors, von gal palletizers and picking systems. HK Systems also offers warehouse, transportation and event management systems.

Sell -