M&A Deal Summary

Transcontinental Acquires Flexstar Packaging

On October 17, 2016, Transcontinental acquired packaging company Flexstar Packaging from Stern Partners

Acquisition Highlights
  • This is Transcontinental’s 4th transaction in the Packaging sector.
  • This is Transcontinental’s 3rd transaction in Canada.
  • This is Transcontinental’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2016-10-17
Target Flexstar Packaging
Sector Packaging
Buyer(s) Transcontinental
Sellers(s) Stern Partners
Deal Type Add-on Acquisition

Target

Flexstar Packaging

Richmond, British Columbia, Canada
Flexstar Packaging, Inc. is a flexible packaging supplier. Flexstar Packaging specializes in converting high barrier film, including printing, lamination and pouch making, for the cereal, confectionery, snack, frozen food and coffee markets.

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Buyer(S) 1

Buyer

Transcontinental

Montreal, Quebec, Canada
Category Company
Founded 1976
Sector Marketing
Employees8,000
Revenue 2.9B CAD (2023)
DESCRIPTION

Transcontinental creates marketing products and services that allow businesses to attract, reach and retain their target audiences. The Corporation is the largest printer in Canada and third in North America. Transcontinental was incorporated in 1976 and is based in Montreal, Canada.

DEAL STATS #
Overall 6 of 9
Sector (Packaging) 4 of 6
Type (Add-on Acquisition) 5 of 8
State (British Columbia) 1 of 1
Country (Canada) 3 of 5
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-30 Robbie Manufacturing

Lenexa, Kansas, United States

Robbie Manufacturing, Inc. is a flexible packaging supplier. Robbie Manufacturing specializes in on-site packaging needs for grocery stores, shrink wrap packaging of multipack consumer goods, and packaging solutions for food processors.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 Les Industries Flexipak

Saint-Laurent, Quebec, Canada

Les Industries Flexipak, Inc. is a full-service flexible packaging company that delivers high-quality, state-of-the-art and forward-thinking packaging solutions. Les Industries Flexipak, Inc. was established in 1998 and is based in Saint-Laurent, Quebec.

Buy -

Seller(S) 1

SELLER

Stern Partners

Category Private Equity Firm
Size Large
Type Sector Agnostic
DESCRIPTION

Stern Partners is a diversified holding and investment firm focused on opportunities in Canada and the Western US. The Firm does not have any sector preferences but has experience in manufacturing, publishing, distribution, retail, and services. Stern will consider investing in a variety of securities, including equity, convertible securities, debentures, mezzanine and other investments. Prospective transaction situations include recapitalizations, divestitures, growth capital financings, special situations, take privates, and buyouts. Stern Partners is based in Vancouver, British Columbia.

DEAL STATS #
Overall 1 of 3
Sector (Packaging) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (British Columbia) 1 of 2
Country (Canada) 1 of 3
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-02 Suzanne s

Chilliwack, British Columbia, Canada

Suzanne’s offers incredibly unique, quality, contemporary fashions in sizes 4 to 18, we Inspire women to look and feel beautiful, to celebrate their individuality while assisting them in creating a personal style as unique. Suzanne's was founded in 1965 and is based in Chilliwack, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-01 OUTtv

Vancouver, British Columbia, Canada

OUTtv is a Canadian national LGBTQ television network, offering a mix of drama, lifestyle, comedy, talk and award-winning movies that appeals to both the LGBTQ community and a broader progressive audience. Its original programming has been broadcast in the US, Europe and in other countries around the world. OUTtv was founded in 2001 and is based in Vancouver. British Columbia.

Buy -
Mergr

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