Press Release

Mesirow Financial Advises Genpak Flexible on its Sale to C-P Flexible Packaging

  • Genpak Flexible is a leading international provider of flexible packaging solutions

  • Sale executed by Mesirow Financial, one of the most active advisors in the paper, plastics, packaging and specialty printing sectors

  • Partnership with C-P Flexible will preserve Genpak’s culture and invest in its growth

CHICAGO, June 29, 2020 Mesirow Financial acted as the exclusive financial advisor to Genpak Flexible (“Genpak” or “the Company”), a portfolio company of the Jim Pattison Group (“JPG”), on its sale to C-P Flexible Packaging, Inc. (“C-P Flexible”), a portfolio company of First Atlantic Capital, Ltd.

Genpak is a leading international provider of flexible packaging solutions including a broad range of film, foil, and paper packaging products. Based in Canada, the Company serves a variety of industries including coffee, snack, and medical products from its two manufacturing plants in Minnesota and Ontario. C-P Flexible is a fully integrated flexible packaging converter, equipped with the capabilities of an industry-leading flexible packaging supplier. The acquisition of Genpak will expand C-P Flexible’s presence across North America, bolstering its status as one of the top 20 flexible packaging companies in the U.S.

“Mesirow’s packaging industry experience, expert counsel and deal management were crucial to finding this partnership with C-P Flexible,” said David Cobb, managing director of JPG. “The team navigated the unprecedented conditions brought on by COVID-19, moving quickly to execute the optimal solution for the Company. We believe the sale will enable Genpak to continue providing high-quality solutions and services to its customers.”

Louis Mitchell, managing director of Mesirow Financial’s Investment Banking group, commented on the transaction, “We are pleased to have represented Genpak and JPG throughout this process. Genpak’s strong presence within the flexible packaging industry enabled us to identify the ideal strategic partner for the Company. C-P Flexible is committed to maintaining Genpak’s culture and investing in the Company’s growth.”

The sale of Genpak to C-P Flexible represents another successful assignment completed by Mesirow Financial's Investment Banking group and highlights the firm’s expertise within the paper, plastics and packaging sectors. With deep long-standing relationships and a client-centric approach, Mesirow has a proven track record of completing highly tailored and successful transactions on behalf of clients.


About Mesirow Financial

Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago with offices in 21 cities, 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 workplace culture. To learn more, visit and follow us on LinkedIn.

About Genpak Flexible

Genpak Flexible provides a broad range of film, foil, and paper packaging products to customers in Canada, the United States and international markets. From its two manufacturing plants in Aurora, Ontario and Lakeville, Minnesota, Genpak Flexible serves numerous industries including coffee, snack, foods, confectionary, pet food and medical products. To learn more, visit

Nothing contained herein constitutes an offer to sell or a solicitation of an offer to buy an interest in any Mesirow Financial investment vehicle(s). Mesirow Financial, Inc. is not affiliated with Genpak Flexible, the Jim Pattison Group, C-P Flexible Packaging, Inc., First Atlantic Capital Ltd., 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.

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