J.W. Childs Associates, through its portfolio company WS Packaging Group, has acquired Boelter Industries, a designer, manufacturer and distributor of folding cartons and converted paperboard products for a range of end-use applications.
Boelter Industries offers offset lithography with an emphasis on small- to large-format, multi-colored, key-line, and/or process printing requirements, and flexographic printing with inline die cutting, using state-of-the-art equipment in narrow-web, mid-range, and wide-web capabilities. The company also provides various finishing capabilities such as window patching, where windows, pockets and patches. The company was founded in 1969 and is based in Winona, MN (www.boelterindustries.com).
Mesirow Financial acted as the exclusive financial advisor to Boelter Industries. Mesirow Financial is one of the most active advisors in the paper, plastics, packaging and specialty printing sectors, having completed over 90 transactions in recent years.
“Mesirow Financial was instrumental in identifying WS Packaging as a strong partner for Boelter Industries. We are truly pleased by the opportunity to join WS Packaging. Mesirow Financial’s advice throughout the process resulted in a successful outcome for all parties involved,” said Dennis Boelter, president of Boelter Industries.
WS Packaging Group operates one of the largest printing and label converting operations in North America with 19 manufacturing facilities. Customers range in size from small businesses to large, high-volume manufacturers and consumer product goods companies doing business locally, nationally, and in marketplaces worldwide. The company is based in Green Bay, WI (www.wspackaging.com).
J.W. Childs Associates invests in middle market companies based in North America. Sectors of interest include consumer products and specialty retail. The firm was founded in 1995 and is based in Waltham, MA (www.jwchilds.com).
PEPD 8-8-12
