Press Release

Mesirow Advises Filmquest on its Sale to Duraco

  • Filmquest is a leading merchant converter and distributor of polyester (“PET”) and specialty films

  • The acquisition by Duraco will enhance Filmquest’s commercial and operational capabilities

  • The sale executed by Mesirow highlights the firm’s expertise within the flexible packaging sector

CHICAGO, March 8, 2021 – Mesirow acted as exclusive financial advisor to Filmquest (the “Company”) on its sale to Duraco, a portfolio company of OpenGate Capital and a premier manufacturer of pressure-sensitive tapes and specialty materials.

Headquartered in Bolingbrook, IL, Filmquest is a leading merchant converter and distributor of PET and specialty films. The Company is recognized as an authority in the global PET film market and converts, coats, laminates and metallizes PET film for use in the high growth flexible packaging market under the trademarked Questar™ and Soft Touch product lines. The acquisition of Filmquest will broaden Duraco’s product offering in specialty films while positioning the Company to enhance its commercial and operational capabilities.

John Felinski, CEO of Filmquest, said, “Through their strong reputation and expertise within the flexible packaging industry, Mesirow found the ideal partner to facilitate the Company’s continued growth. The team provided exceptional guidance throughout the process resulting in this exciting opportunity to expand and better serve our valued customer base.”

“We are pleased to have advised Filmquest on this transaction,” commented Louis Mitchell, Managing Director of Mesirow Investment Banking. “The Company has established itself as a leader in the PET film market and we believe Duraco will be a strong partner to invest in its already reputable capabilities.”

The sale of Filmquest to Duraco 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 over 150 transactions over the past 20 years. 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 and follow us on LinkedIn.

Mesirow was also recently named one of the Best Places to Work in Chicago by the Chicago Tribune and one of the Top Places to Work by Crain’s Chicago Business.

About Filmquest
Filmquest is the leading merchant converter specializing in polyester film. The Company distributes, converts, coats, laminates, and metallizes all grades of polyester film. The success of Filmquest and its customers is grounded in decades of market experience, consistent quality, award-winning customer service, innovation, and integrity. Learn more at

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 Filmquest, Duraco, OpenGate 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. Securities offered through Mesirow Financial, Inc. member FINRA, SIPC.

Recent news

Mesirow ranked in Barron’s 2021 List of Top 100 RIA Firms

Read article

Mesirow Advises Monomoy Capital Partners and Mac Papers and Packaging on the Acquisition of Dependable Packaging Solutions

Read article