Deloitte Corporate Finance (DCF) was the exclusive financial advisor to El Dorado Paper Bag Manufacturing Co. on its sale last month to Industrial Opportunity Partners.
“DCF’s deep transaction and industry experience added value throughout the entire sale process,” said Louie Hall, III, president and CEO of El Dorado Paper Bag Manufacturing. “DCF’s sector knowledge was vital to us finding the right partner for El Dorado. Their commitment helped us to achieve our overall goals and shareholder objectives.”
El Dorado Paper Bag Manufacturing is a producer of small format multiwall paper bags primarily for consumer use in the flour, sugar and pet food markets. The company provides one, two, and three ply pasted bottom paper bags, ranging from 1½ pounds to 30 pounds, with the printing capacity for up to ten colors. Founded in 1963, El Dorado operates from a single facility in El Dorado, AR (www.eldoradopaperbag.com).
“We are pleased to have used our significant experience in the packaging sector to play a part in this transaction,” said Will Frame, managing director, Deloitte Corporate Finance, and head of DCF’s Industrials Group.
Deloitte Corporate Finance provides deal execution and financial advisory services to large corporate, middle market, and private equity firms. Deloitte Corporate Finance has access to the resources of the Corporate Finance Advisory practices of the member firms within the Deloitte Touche Tohmatsu Limited network of member firms. Together with Deloitte Corporate Finance, these practices include in excess of 1,900 professionals, working collaboratively in 150 international locations (www.investmentbanking.deloitte.com).
2014 PEPD • Private Equity’s Leading News Magazine • 10-28-14
