CHICAGO, IL – Mesirow Financial acted as exclusive financial advisor to Impaxx, Inc. ("Impaxx"), parent company of Gilbreth Packaging Systems, Inc. ("Gilbreth" or the “Company”) and portfolio company of Aurora Capital Group, in its sale to Cenveo, Inc. (“Cenveo”), a producer and distributor of print and related products. Based in Croydon, Pennsylvania, Gilbreth is a full-service manufacturer of full body shrink sleeves, tamper evident neck bands and medical & electronic tubing. The Company is well-known in the industry and its name is synonymous with quality, best-in-class lead times and superior customer service. Gilbreth’s extensive technical knowledge and collaborative, educational customer approach have been well-received among new and existing customers, including multiple Fortune 500 consumer product companies.
Louis Mitchell, Managing Director of Mesirow Financial, said, "We are pleased to have served as financial advisor to Aurora Capital Group, Impaxx and Gilbreth in this transaction. Gilbreth delivers Cenveo a highly-complementary niche product line that will create immediate cross-selling opportunities and drive growth."
This transaction represents another successful assignment completed by Mesirow Financial’s Investment Banking group. Having completed over 80 packaging transactions in recent years, Mesirow Financial is one of the most active advisors in the paper, plastic and packaging sectors.
About Aurora Capital Group
Aurora Capital Group is a Los Angeles-based private investment firm managing over $2 billion of capital across several private equity funds. Aurora’s traditional private equity vehicle, Aurora Equity Partners, focuses principally on control-investments in middle-market businesses with leading market positions, strong cash flow profiles and actionable opportunities for growth in partnership with operating management. Aurora’s special situations fund, Aurora Resurgence, invests in debt and equity securities of middle-market companies and targets complex situations that are created by operational or financial challenges either within a company or a broader industry.
About Cenveo, Inc.
Cenveo, Inc., headquartered in Stamford, Connecticut, is a leader in the management and distribution of print and related products and solutions. The Company provides its customers with low-cost alternatives within its core businesses of labels and forms manufacturing, packaging and publisher offerings, envelope production and printing – supplying one-stop solutions from design through fulfillment. Cenveo delivers everyday for its customers through a network of production, fulfillment, content management and distribution facilities across the globe.