M&A Deal Summary

Wynnchurch Capital Acquires Appvion - Thermal Coating Business

On December 6, 2021, private equity firm Wynnchurch Capital acquired packaging company Appvion - Thermal Coating Business from Appvion

Acquisition Highlights
  • This is Wynnchurch Capital’s 5th transaction in the Packaging sector.
  • This is Wynnchurch Capital’s 48th transaction in the United States.
  • This is Wynnchurch Capital’s 4th transaction in Wisconsin.

M&A Deal Summary

Date 2021-12-06
Target Appvion - Thermal Coating Business
Sector Packaging
Buyer(s) Wynnchurch Capital
Sellers(s) Appvion
Deal Type Divestiture

Target

Appvion - Thermal Coating Business

Appleton, Wisconsin, United States
Appvion's Thermal Coating Business provides thermal coatings for label and film solutions. Appvion's Thermal Coating Business is based in Appleton, Wisconsin.

Search 197,704 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

Wynnchurch Capital

Rosemont, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 9.2B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Wynnchurch Capital is a private equity firm focused on middle-market company investments in the US and Canada. Wynnchurch looks to commit $50 to $750 million of equity per platform. Sectors of interest include manufacturing, business services, logistics, energy and power services, and value-added distribution. Prospective transaction types include management buyouts, recapitalizations, corporate carve-outs, restructurings, turnarounds and growth capital situations. Wynnchurch Capital was formed in 1999 and is based in Rosemont, Illinois.


DEAL STATS #
Overall 60 of 70
Sector (Packaging) 5 of 6
Type (Divestiture) 12 of 13
State (Wisconsin) 4 of 4
Country (United States) 48 of 58
Year (2021) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-01 M2S Group

Appleton, Wisconsin, United States

M2S Group is a provider of specialty and high-performance coatings for label and film solutions as well as renewable, fiber-based consumer and industrial packaging solutions. M2S’s functional coating solutions are applied to a wide variety of flexible substrates, including products from an FDA-compliant facility. M2S Group was founded in 1907 and headquartered in Appleton, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-05 Rosboro

Springfield, Oregon, United States

Rosboro is a manufacturer of engineered wood products used in residential and light commercial construction, including stock and custom glued laminated timber and a variety of other lumber products. Rosboro was founded in 1939 and is based in Springfield, Oregon.

Sell -

Seller(S) 1

SELLER

Appvion

Appleton, Wisconsin, United States

Category Company
Founded 1907
Sector Forest Products
Employees1,600
DESCRIPTION

Appvion, Inc. is a producer of thermal, carbonless, security, inkjet, digital specialty, and colored papers.


DEAL STATS #
Overall 4 of 4
Sector (Packaging) 1 of 1
Type (Divestiture) 4 of 4
State (Wisconsin) 4 of 4
Country (United States) 4 of 4
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-15 Appvion - Specialty Papers Business

Appleton, Wisconsin, United States

Appvion Specialty Papers Business includes carbonless rolls and security papers. Carbonless gives you clean, legible images that are guaranteed to remain intense throughout the life of the document. Even down to the last ply. We offer a broad range of papers optimized for different types of multipart forms and printing setups which has helped us become the number one carbonless paper in the world. Security Papers The best protection against fraud is to prevent it from ever happening – by creating documents that deter the schemes that fraud criminals use.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-02 Nekoosa

Nekoosa, Wisconsin, United States

Nekoosa is a provider of specialty-engineered papers and films for the graphics and commercial print markets. The company's expertise spans coating, converting, and custom plastic extrusion capabilities, with a product offering that, includes application tapes, specialty synthetic papers, carbonless papers, and capping films. The Nekoosa family of brands includes Nekoosa Coated Products, RTape Corp., CET Films, and ClingZ. Nekoosa was formed in 2005 and is based in Nekoosa, Wisconsin.

Buy -