Secondary Buyout • Plastics

Mill Point Capital Acquires CREO Group

On April 3, 2023, private equity firm Mill Point Capital acquired plastics company CREO Group from Lincolnshire Management

Acquisition Context
  • This is Mill Point Capital’s 1st transaction in the Plastics sector.
  • This is Mill Point Capital’s 21st transaction in the United States.
  • This is Mill Point Capital’s 1st transaction in Florida.

Explore All 61 Secondary Buyout Plastics Deals - Search the Database Free


M&A Deal Summary

Date April 3, 2023
Target CREO Group
Sector Plastics
Buyer(s) Mill Point Capital
Sellers(s) Lincolnshire Management
Deal Type Secondary Buyout

Target Company

CREO Group

Kissimmee, Florida, United States
CREO Group is a vertically-integrated manufacturer of sustainable horticulture packaging solutions. The Company’s capabilities include blow-molding, pressure forming, injection molding, vacuum forming, custom printing / branding, along with an in-house resin recycling platform which recycles over 40 million pounds of plastic annually. CREO Group was founded in 1960 and is based in Kissimmee, Florida.
Explore More Deals

Browse All 215,130 Deals

FILTER BY

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

Search Free

Buyer Overview 1

DESCRIPTION

Mill Point Capital is a private equity firm focused on buyouts of established middle-market companies with strong track records. The Firm will consider opportunities throughout North American and generally looks to invest $15 to $80 million in companies valued up to $250 million. Sectors of interest include industrial and business services. Mill Point Capital is based in New York City.


Deal Context for Buyer #
Overall 22 of 28
Sector: Plastics 1 of 1
Type: Secondary Buyout 5 of 7
State: Florida 1 of 3
Country: United States 21 of 27
Year: 2023 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-01 ServicePoint

United States

ServicePoint is a field services provider focused on design & engineering, installation, and maintenance of technology infrastructure.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-02 Avenu Insights & Analytics

Centreville, Virginia, United States

Avenu Insights & Analytics is a provider of integrated administrative, revenue enhancement and payment software and solutions to state and local governments Avenu Insights & Analytics was founded in 1978 and is based in Centreville, Virginia.

Sell -

Seller Profile 1

SELLER

Lincolnshire Management

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1986
PE ASSETS 1.9B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Lincolnshire Management, Inc. (LMI) is a private equity firm focused on acquiring small and mid-sized companies in partnership with management. LMI typically targets companies with the majority of business conducted within the US. Prospective companies also have cash-flows of $5 to $50 million and significant opportunities for growth, either internally or through acquisitions. Target transaction situations include corporate divestitures, selling shareholders, and owners desiring liquidity. Lincolnshire Management was formed in 1986 and has office in New York City.


Deal Context for Seller #
Overall 23 of 24
Sector: Plastics 1 of 1
Type: Secondary Buyout 11 of 12
State: Florida 4 of 5
Country: United States 22 of 23
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-14 Banker Wire

Mukwonago, Wisconsin, United States

Banker Wire is a premier manufacturer and supplier of wire mesh products. Banker Wire specialized in fabricating wrought iron and wire products such as fire escapes, tool room partitions, and bank teller cages. Banker Wire was founded in 1896 and is based in Mukwonago, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-08 Latite Roofing

Pompano Beach, Florida, United States

Latite Roofing is a roof installation service provider in Florida. Latite offers new roof installations and re-roofing (replacement roofs) for both residential and commercial buildings. Latite Roofing was founded in 1943 and is based in Pompano Beach, Florida.

Sell -