Altamont Capital Partners Acquires Specialized Packaging Group
January 6, 2021
Altamont Capital Partners has acquired Specialized Packaging Group, Inc. (SPG) from founder Paul Gaulin. SPG is a vertically integrated manufacturer of protective and engineered packaging (operating the IVEX and Engineered Packaging divisions) with facilities across the U.S., Canada and Mexico; Gaulin is retiring as CEO but will remain on the board as a minority investor and Altamont plans to pursue growth, footprint expansion and potential add-on acquisitions. Terms were not disclosed; financing was provided by Monroe Capital and Churchill Asset Management.
- Buyers
- Altamont Capital Partners
- Targets
- Specialized Packaging Group, Inc.
- Sellers
- Paul Gaulin
- Industry
- Packaging
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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