M&A Deal Summary

Globalpack Acquires Packaging Plus

On December 14, 2011, Globalpack acquired packaging company Packaging Plus from Navigation Capital Partners and Century Park Capital Partners

Acquisition Highlights
  • This is Globalpack’s 1st transaction in the Packaging sector.
  • This is Globalpack’s 1st transaction in the United States.
  • This is Globalpack’s 1st transaction in California.

M&A Deal Summary
Date 2011-12-14
Target Packaging Plus
Sector Packaging
Buyer(s) Globalpack
Sellers(s) Navigation Capital Partners
Century Park Capital Partners
Deal Type Add-on Acquisition

Target

Packaging Plus

La Mirada, California, United States
Packaging Plus is an integrated, single-source provider of packaging solutions. The company's products and services include thermoforming, injection molding and contract packing.

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Buyer(S) 1

Buyer

Globalpack

Mexico
Category Company
Sector Packaging
Employees1,500
DESCRIPTION

Globalpack is a flexible packaging and folding carton company. Globalpack is based in Mexico.

DEAL STATS #
Overall 1 of 1
Sector (Packaging) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1

Seller(S) 2

SELLER

Navigation Capital Partners

Atlanta, Georgia, United States

Investor

Category Private Equity Firm
Founded 2006
PE ASSETS 340M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Navigation Capital Partners (NCP) is a private equity firm that makes growth and buyout investments in established mid-market companies with longstanding customer relationships, proprietary manufacturing processes, and mission-critical services. Target companies typically have annual sales up to $150 million and the firm can commit between $10 and $40 million of equity capital per transaction. Sectors of interest include engineered industrial products, automotive & recreational vehicle components, building & construction products, packaging products & services, specialty chemicals, value-added distribution, business services, financial services, healthcare services, and transportation/logistics. Navigation Capital Partners is based in Atlanta, Georgia.

DEAL STATS #
Overall 16 of 26
Sector (Packaging) 2 of 2
Type (Add-on Acquisition) 8 of 12
State (California) 2 of 3
Country (United States) 16 of 26
Year (2011) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-12 Exeter Finance

Austin, Texas, United States

Exeter Finance is an indirect auto finance company. The company underwrites, purchases, services, and securitizes retail installment contracts from U.S. automobile dealers. It works with more than 11,000 dealers and 475,000 customers nationwide providing indirect financing for both new and used vehicles. The company has a serviced finance portfolio of more than $7 billion. Exeter Finance was formed in 2006 and is based in Irving, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-01 Computex Technology Solutions

Houston, Texas, United States

Computex Technology Solutions is an IT solution provider focused on helping customers transform their businesses through technology. Computex Technology Solutions was founded in 1987 and is based in Houston, Texas.

Buy -
SELLER

Century Park Capital Partners

El Segundo, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 1.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Century Park Capital Partners (CPCP) is a private equity firm that partners with owners and managers to build companies. The Firm targets businesses generating sales of $20 to $100 million and EBITDA of $3 to $15 million. Century Park Capital specializes in facilitating owner liquidity and business expansion through minority and majority recapitalizations, growth financings, management led buyouts, and acquisition financings. CPCP looks to invest $10 to $40 million per transaction. Areas of interest include consumer products, food, education, business services, test/measurement equipment, medical components, pet supplies, packaging, automotive, chemicals, and third party logistics. CPCP was formed in 2000 and is based in Los Angeles with an additional office in Menlo Park, California.

DEAL STATS #
Overall 6 of 16
Sector (Packaging) 1 of 1
Type (Add-on Acquisition) 4 of 7
State (California) 4 of 6
Country (United States) 6 of 16
Year (2011) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-01 Dickinson Frozen Foods

Eagle, Idaho, United States

Dickinson Frozen Foods, Inc. is a provider of frozen roasted potatoes, onions and vegetable blends to large industrial food processors and food service companies.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-31 ICM Products

Cassopolis, Michigan, United States

ICM Products, Inc. is a specialty silicone formulator specializes in the development of silicone polymers, emulsions, defoamers, and other specialty chemicals for use in a broad range of applications and end markets. ICM Products was founded in 1989 and is based in Cassopolis, Michigan.

Buy -
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