M&A Deal Summary

International Paper Acquires Box USA Holdings

On July 1, 2004, International Paper acquired packaging company Box USA Holdings from LLM Capital Partners

Acquisition Highlights
  • This is International Paper’s 3rd transaction in the Packaging sector.
  • This is International Paper’s 5th transaction in the United States.
  • This is International Paper’s 2nd transaction in Illinois.

M&A Deal Summary
Date 2004-07-01
Target Box USA Holdings
Sector Packaging
Buyer(s) International Paper
Sellers(s) LLM Capital Partners
Deal Type Add-on Acquisition

Target

Box USA Holdings

Northbrook, Illinois, United States
Box USA was one of the nation’s largest independent full-service converters of corrugated packaging materials. The Company operated 23 converting facilities in 15 states and sold over 10 billion square feet of finished corrugated containers, partitions and sheets annually.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

International Paper

Memphis, Tennessee, United States
Category Company
Founded 1898
Sector Packaging
Employees38,200
Revenue 18.9B USD (2023)
DESCRIPTION
International Paper's corporate headquarters in Memphis, Tennessee.
International Paper's corporate headquarters in Memphis, Tennessee.

International Paper is a multinational company operating in the packaging and paper industry. International Paper provides sustainable packaging, pulp, and paper products and serves a diverse range of customers, including manufacturers, retailers, and consumers. International Paper was founded in 1898 and is based in Memphis, Tennessee.

DEAL STATS #
Overall 5 of 15
Sector (Packaging) 3 of 9
Type (Add-on Acquisition) 2 of 4
State (Illinois) 2 of 2
Country (United States) 5 of 10
Year (2004) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-03-06 Klucze

Klucze, Poland

The Klucze business manufactures bathroom and facial tissue under its VELVET® brand and feminine care products under the SUBTELLE® brand.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-31 Weldwood of Canada

Vancouver, British Columbia, Canada

Weldwood of Canada Ltd. is a manufacturer of lumber, laminated veneer lumber, treated wood products, plywood, and northern bleached softwood kraft pulp in the forest products industry.

Sell -

Seller(S) 1

SELLER

LLM Capital Partners

Boston, Massachusetts, United States
Category Growth Capital Firm
Founded 1991
Size Small
Type Sector Agnostic
DESCRIPTION

LLM Capital Partners LLC is a private equity firm that makes growth capital investments in mid-sized companies. The Firm's investment strategy is to provide $10 to $30 million of non-control growth funding to businesses with enterprise values between $15 and $250 million. Broad sectors of interest include healthcare services, business services and niche manufacturing. LLM Capital was formed in 1991 and has offices in Boston, Massachusetts and San Francisco, California.

DEAL STATS #
Overall 6 of 19
Sector (Packaging) 1 of 1
Type (Add-on Acquisition) 3 of 9
State (Illinois) 1 of 1
Country (United States) 6 of 19
Year (2004) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-06-22 IASIS Healthcare

Franklin, Tennessee, United States

IASIS Healthcare Corp. is an owner and operator of medium-sized acute care hospitals in high-growth urban and suburban markets. Additionally, IASIS owns and operates a Medicaid managed health plan in Phoenix that serves over 108,000 members. IASIS Healthcare was formed in 1998 and is based in Franklin, Tennessee.

Sell $1.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-11-01 Sheridan Healthcare

Sunrise, Florida, United States

Sheridan Healthcare, Inc. is a multi-specialty physician practice management company that provides outsourced physician staffing services to hospitals and ambulatory surgery centers.

Sell -
Mergr

Product

Company

Legal