Argand Partners Acquires Midwest Can Company and Container Specialties, Inc.

Hub Plastics Acquires Midwest Container and Industrial Supply Company

April 11, 2023

Packaging

Hub Plastics has acquired Midwest Container and Industrial Supply Company, a St. Louis–area manufacturer of rigid plastic bottles, as owner Kent Meentemeyer transitions to retirement. Terms were not disclosed; Midwest Container will be rebranded as Hub Plastics - Midwest, and Sikich Investment Banking served as exclusive sell-side adviser.

Pipeline Packaging Acquires MidStates Container Company

December 20, 2021

Industrial Services

Pipeline Packaging, an employee-owned US distributor of rigid industrial containers, has acquired MidStates Container Company, a full-line packaging distributor based in St. Louis, Missouri. The deal will consolidate supply lines and expand Pipeline's geographic footprint and service offerings across the U.S. Midwest.

Mauser Packaging Solutions Acquires Consolidated Container Company, LLC

February 2, 2024

Packaging

Mauser Packaging Solutions, an affiliate of Stone Canyon Industries LLC, has acquired substantially all assets of Consolidated Container Company, LLC, a manufacturer, reconditioner and distributor of industrial containers with facilities in Minneapolis, Minnesota and Kansas City, Kansas. The transaction, funded with $56 million in cash from Mauser's balance sheet, expands Mauser’s reconditioning and recycling capabilities and geographic footprint and is expected to be margin accretive before synergies.

Shore Capital Partners Partners with Container Services, Inc.

February 13, 2023

Packaging

Shore Capital Partners, a Chicago-based private equity firm, has completed a partnership with Container Services, Inc. (CSI), a custom blow molder of PET and HDPE rigid plastic containers headquartered in Hillsboro, Kansas. Shore will provide capital and operational support to drive organic growth, invest in sales and operations, and pursue inorganic growth opportunities (add-on acquisitions) while Brent Driggers remains CEO.

Merit Capital Partners and BlueArc Capital Acquire CyCan Industries, Inc.

March 7, 2023

Manufacturing

Merit Capital Partners and BlueArc Capital Partners partnered with CyCan management to acquire CyCan Industries, Inc., a Woodstock, Georgia–based developer and manufacturer of specialty aerosol and chemical products. Merit provided subordinated debt and equity as part of the transaction; the investment aims to support continued growth of CyCan's contract manufacturing and branded Quality Aerosols business across construction, HVAC, woodworking, household and automotive end markets.

Industrial Opportunity Partners Acquires Midwest Paper

January 8, 2020

Manufacturing

Industrial Opportunity Partners (IOP), an operations-focused private equity firm based in Evanston, Illinois, has acquired Midwest Recycled and Coated Containerboard Mill, LLC ("Midwest Paper"), a paper mill headquartered in Combined Locks, Wisconsin. Terms were not disclosed; the transaction is IOP’s fourth platform investment from its third fund and was financed with senior debt from JP Morgan Chase Bank and Chemical Bank and subordinated debt from Yukon Partners.