Jay Packaging is a premier specialty printing and thermoforming company serving the beauty, luxe, home and health markets
Acquisition will strengthen the combined capabilities of both companies while advancing Rohrer's efforts in sustainability
Highlights the firm’s expertise and relationships within the folding carton and specialty packaging sectors
CHICAGO, January 10, 2021 – Mesirow, an independent, employee-owned financial services firm, today announced it acted as the exclusive financial advisor to Jay Packaging Group, Inc. (“Jay Packaging” or the “Company”) on its sale to Rohrer Corporation (“Rohrer”), a portfolio company of Wellspring Capital Management and leading retail-packaging designer and manufacturer.
Based in Warwick, RI, Jay Packaging is a premier specialty printing and thermoforming company serving the beauty, luxe, home and health markets. Founded in 1945, the Company has since grown into one of the industry’s most creative package design, enhancement and solutions companies in the Northeast for printing, folding cartons and plastic components. The addition of Jay Packaging Group to Rohrer strengthens the combined capabilities of both companies in the areas of high-end printing and decorating, carded blister, thermoformed and folded carton packaging, while advancing Rohrer’s efforts in sustainable packaging.
“Mesirow provided tremendous support during this process, drawing upon the team’s extensive folding carton and specialty packaging expertise to secure a successful outcome for Jay Packaging, its employees and customers. Our partnership with Rohrer will accelerate the Company’s growth objectives and maintain its commitment to exceptional service,” said Richard Kelly, President of Jay Packaging.
Melanie Yermack, Managing Director of Mesirow Investment Banking, commented, “We were pleased to represent Jay Packaging throughout this transaction. We believe Rohrer is committed to supporting and investing in the Company’s operations, enabling Jay Packaging to continue offering its customers unparalleled solutions and service.”
The sale of Jay Packaging to Rohrer 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. 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.
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 Jay Packaging Group
Jay Packaging Group is a leading, full-service manufacturer of high-graphic consumer packaging for more than 75 years. We are fueled by innovation and strengthened by collaboration. We offer full design and manufacturing capabilities for every component of your package. Our plastic and paperboard services ensure a single timeline, allowing us to better manage your entire package from design to launch. Our brand values guide us and we take them seriously. They continue to set us apart. We value personal relationships above all and work with a collaborative spirit. Learn more at jaypack.com.