Mesirow Supports Sale of Eastern Business Forms, LLC
Eastern Business Forms, LLC, located in Greenville, South Carolina, is renowned for its high-quality, natural fiber-based medical devices. These innovative products are essential for the collection and preservation of biological samples. Recently, Mesirow acted as the exclusive financial advisor in the sale of Eastern Business Forms to Ahlstrom Oyj.
An Exciting New Chapter for Eastern Business Forms
With this acquisition, Eastern Business Forms joins Ahlstrom's Filtration and Life Sciences division. This strategic move highlights Ahlstrom’s commitment to expanding its capabilities in lab and life sciences. As part of Ahlstrom's structured growth strategy, Eastern Business Forms is well-positioned to enhance its product offerings and reach new markets.
Background on Mesirow's Role
Mesirow, an employee-owned financial services firm, has been instrumental in this transaction. Their expertise and guidance were pivotal in ensuring a smooth transition for Eastern Business Forms. The transaction emphasizes Mesirow's continuous commitment to positioning its clients for success.
Statements from Key Individuals
Barney Byrd, President & CEO of Gen Cap America, expressed enthusiasm about the partnership with Ahlstrom, stating, "We are excited to complete this transaction and have the opportunity to work with Mesirow. Their team prepared and guided our management effectively to a successful outcome, and we look forward to working with them again in the future."
Brad Nelson, President and CEO of Eastern Business Forms, remarked on Mesirow’s impact during this process. He noted, “Mesirow's relationships and invaluable support were crucial during this transaction. Their extensive network, thoughtful execution, and trusted guidance resulted in an exceptional outcome for Eastern Business Forms.”
Moving Forward with Ahlstrom
Ahlstrom's acquisition of Eastern Business Forms signifies a significant step forward for both companies. Chris Yike, Director at Mesirow Investment Banking, stated, "We were honored to represent Eastern Business Forms in this process and believe Ahlstrom's partnership will further accelerate their growth and operational scale." This sentiment conveys confidence in Ahlstrom’s potential to enhance Eastern Business Forms’ market reach and operational capabilities.
Success of Mesirow Investment Banking
The sale of Eastern Business Forms is a testament to Mesirow’s success in delivering quality advisory services. The firm has a strong track record, having completed over 350 transactions across diverse sectors in recent years. Their commitment to industry expertise and client relationships demonstrates their dedication to providing tailored financial solutions.
About Mesirow
Mesirow has become a prominent name in financial services since its establishment in 1937. With headquarters in Chicago and various international offices, Mesirow aims to serve clients through a personalized approach. Their extensive capabilities range from Private Capital to Investment Banking, highlighting the firm’s commitment to social good and community engagement.
About Eastern Business Forms
Founded in 1964, Eastern Business Forms specializes in producing top-quality, natural fiber-based medical devices. They are particularly recognized for their expertise in newborn screening devices, ensuring reliable solutions for the healthcare sector.
About Ahlstrom
Ahlstrom is recognized as a global leader in the development of sustainable specialty materials. Committed to quality, Ahlstrom focuses on 'Purifying and Protecting, with Every Fiber, for a Sustainable World.' Their diverse segments aim to meet global demands with sustainable, safe solutions.
Frequently Asked Questions
What services does Mesirow provide?
Mesirow offers a range of financial services, including investment banking, private capital, and advisory services, utilizing a personalized approach for clients.
What is Eastern Business Forms known for?
Eastern Business Forms is known for manufacturing high-quality natural fiber-based medical devices, essential for biological sample collection and preservation.
Who will benefit from Ahlstrom's acquisition?
Both Ahlstrom and Eastern Business Forms will benefit from enhanced operational capabilities and market reach, creating growth opportunities for both entities.
Why is this acquisition significant for Ahlstrom?
This acquisition is significant as it aligns with Ahlstrom's strategy to strengthen its position in the life sciences sector, enhancing its sustainable product offerings.
How can clients contact Mesirow?
Clients can contact Mesirow through their main office in Chicago for inquiries regarding financial services and advisory needs.
