Press Release

Mesirow Advises Belle-Pak Packaging on its Sale to ProAmpac

  • Belle-Pak Packaging offers a diverse line of flexible packaging products

  • The partnership will augment ProAmpac’s growing platform

  • Successful transaction highlights Mesirow’s expertise assisting owner-operator businesses and relationships within the flexible packaging sector

CHICAGO, February 23, 2022 – Mesirow, an independent, employee-owned financial services firm, today announced it acted as the exclusive financial advisor to Belle-Pak Packaging (“Belle-Pak” or the “Company”) on its sale to ProAmpac, a leader in flexible packaging and material science owned by Pritzker Private Capital.

Founded in 1991, Belle-Pak Packaging is an award winning North American manufacturer of plastic products with world class print capabilities. With a distribution network across the United States, Canada and Mexico, the Company caters to a diverse clientele including financial institutions, crown corporations, armored car carriers, retailers, law enforcement, hospitals, and hotels.

“Mesirow’s extensive expertise within the flexible packaging space was invaluable throughout this transaction. The team’s industry knowledge and global reach translated into a highly efficient and swift process, securing the ideal outcome for Belle-Pak,” said Yves Nahmias, CEO of Belle-Pak Packaging.

Louis Mitchell, Managing Director of Mesirow Investment Banking, commented, “We appreciated the opportunity to represent Belle-Pak during this process and to continue our ongoing relationship with ProAmpac. With over 30 years of history, we believe the Company is a strong addition to ProAmpac’s platform.”

The sale of Belle-Pak Packaging to ProAmpac represents another successful assignment completed by Mesirow Investment Banking. Mesirow is one of the most active advisors in the paper, plastics and packaging sectors, having completed more than 150 transactions over the past 20 years, including more than 50 transactions in the flexible packaging sector. Committed to leveraging extensive sector-specific expertise across industry groups and nurturing deep long-standing relationships, Mesirow has a proven track record of completing highly tailored and successful transactions on behalf of clients.

About Mesirow
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Global Investment Management, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities, and our culture. To learn more, visit mesirow.com and follow us on LinkedIn.

Mesirow was recently named one of the Best Places to Work in Chicago by Crain’s Chicago Business and one of the Top 100 RIA firms by Barron’s.

About Belle-Pak Packaging
Founded in 1991, Belle-Pak Packaging is a privately-owned manufacturer of plastic laminated and coated bags, including retail, medical and security bags, polymailers and packing list envelops. Belle-Pak serves logistics, e-commerce, financial services, retail and medical clients in Canada, the U.S. and internationally. Belle-Pak is based in Markham, ON with locations in Georgia and Massachusetts operated by its wholly owned subsidiary, Jannel Manufacturing. To learn more, visit belle-pak.com.

Nothing contained herein constitutes an offer to sell or a solicitation of an offer to buy an interest in any Mesirow investment vehicle(s). Mesirow Financial, Inc. is not affiliated with Belle-Pak Packaging, ProAmpac, Pritzker Private Capital,­­ or their affiliates. Past performance is not indicative of future results. Mesirow refers to Mesirow Financial Holdings, Inc., and its divisions, subsidiaries, and affiliates. The Mesirow name and logo are registered service marks of Mesirow Financial Holdings, Inc. © 2022. All rights reserved. Securities offered through Mesirow Financial, Inc. member FINRA, SIPC.

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