CHICAGO, January 25, 2010 – Mesirow Financial acted as exclusive financial advisor to Rohrer Corporation ("Rohrer” or the “Company”) in its recapitalization by ShoreView Industries, a Minneapolis-based private equity firm. Founded in 1973, Rohrer is a recognized leader in the graphically intensive skin and blister packaging and thermoformed blister markets. The Company offers innovative, high-visibility packaging solutions through a broad range of printed and plastic products to a large, diversified base of consumer products companies. Rohrer’s operations consist of three strategically located manufacturing facilities in Wadsworth, OH; Buford, GA; and Huntley, IL.
John Rohrer, Chairman & CEO of Rohrer Corporation, commented, "Mesirow Financial was an invaluable partner throughout this engagement. Mesirow Financial’s middle-market packaging focus, combined with its superior execution expertise and dedication, helped us generate competition and ultimately close this transaction.”
Bill Hornell, Managing Director of Mesirow Financial, said, “Rohrer is a tremendous business with a stellar reputation in the packaging industry. We were honored to represent the Company’s shareholders in this process.” Rick Weil, Director of Mesirow Financial, added, “We were very pleased with the level of interest in the Company. After a competitive marketing process, ShoreView offered the most compelling fit for the Company.”
The transaction represents another successful assignment completed by Mesirow Financial’s Investment Banking Group. Having completed over 70 packaging transactions in recent years, Mesirow Financial is one of the most active advisors in the paper & packaging sector.
About ShoreView Industries
Based in Minneapolis, ShoreView Industries is a private equity firm with $600 million of equity capital under management. ShoreView acquires and invests in middle-market companies in North America.