The Ohio Art Company Acquires Allstate Can Corporation

Oliver Inc. Acquires Tap Packaging + Design

January 19, 2023

Packaging

Oliver Inc. has acquired Tap Packaging + Design, a Cleveland-based manufacturer of custom folding cartons. The acquisition, which closed on January 18, 2023, expands Oliver’s product offerings and strengthens its position as a leading independent specialty packaging supplier while Tap Packaging will continue operating from its Cleveland facility.

Sonoco Acquires Ball Metalpack from Platinum Equity and Ball Corporation for $1.35 Billion

January 27, 2022

Packaging

Sonoco has completed the acquisition of Ball Metalpack, a Broomfield, Colorado-based manufacturer of sustainable steel containers, in a transaction valued at approximately $1.35 billion. The seller parties were Platinum Equity (51% owner) and Ball Corporation (49% owner); the deal follows a three-year transformation and expansion program at Ball Metalpack under the joint-venture ownership.

Allstate Acquires National General Holdings

July 7, 2020

Insurance

The Allstate Corporation agreed to acquire National General Holdings Corporation for approximately $4.0 billion in cash (total $34.50 per share including expected closing dividends), a transaction expected to close in early 2021 subject to regulatory approvals. The deal expands Allstate's personal lines premiums by about $4.0 billion, increases market share among independent agent distribution, and is expected to be accretive to adjusted net income per share and ROE in the first year.

Pennsylvania Steel Company Acquires Stark Metal Sales

December 20, 2023

Industrial Services

Pennsylvania Steel Company, Inc., a veteran‑owned full-line metals service center, has acquired Stark Metal Sales, a full-line steel service center based in Alliance, Ohio. Heritage Capital Group served as exclusive financial advisor to Stark; transaction terms were not disclosed. The deal expands Pennsylvania Steel's service center footprint and processing capabilities in the Ohio/Pennsylvania region.

All-State Industries (Blue Sage-backed) Acquires Allied Plastics

January 11, 2022

Manufacturing

An affiliate of All-State Industries, backed by private equity firm Blue Sage Capital, has acquired Allied Plastics, a Twin Lakes, Wisconsin-based thermoformed plastics manufacturer. The acquisition expands All-State's thermoforming and extrusion capabilities and increases the platform's scale across agriculture, heavy equipment OEM, consumer products, and packaging end markets.

Mill Rock Packaging Partners Acquires All Packaging Company

February 22, 2021

Packaging

Mill Rock Packaging Partners, the specialty packaging platform backed by Mill Rock Capital, has acquired All Packaging Company, a paperboard folding carton manufacturer based in Aurora, Colorado. The acquisition (terms undisclosed) expands Mill Rock Packaging's Western U.S. footprint and capabilities across design, printing and converting while All Packaging's president Kenneth Pepper and senior management retain ownership stakes and will continue to lead the business.