AmerCareRoyal Acquires Ross & Wallace Paper Products
December 17, 2021
AmerCareRoyal, backed by HCI Equity Partners, acquired Ross & Wallace Paper Products, a Hammond, Louisiana manufacturer of paper grocery and merchandise bags. The acquisition — AmerCareRoyal's seventh add-on since HCI's initial investment — closed on September 23, 2021; financial terms were not disclosed.
- Buyers
- AmerCareRoyal, HCI Equity Partners
- Targets
- Ross & Wallace Paper Products, Inc.
- Sellers
- Ross Family
- Platforms
- AmerCareRoyal
- Industry
- Packaging
- Location
- Louisiana, United States
- Transaction Type
- Addon
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