Strategic Sale of Superior Lithographics
Mesirow has successfully facilitated the sale of Superior Lithographics, a prominent provider of high-graphic packaging solutions, to Momentium, a respected name in the packaging sector backed by CORE Industrial Partners. This transaction underscores Mesirow's commitment to enhancing opportunities within the packaging industry.
Insights on Superior Lithographics
Established in 1986, Superior Lithographics has a reputation for quality in the production of folding cartons, lithographic labels, and top sheets that serve the graphic corrugated market. Renowned for its scale and technical proficiency, Superior plays a vital role in the supply chain of high-graphic paperboard. By focusing on resilient markets such as food and consumer products, the company has strategically positioned its facilities to cater efficiently to its clientele.
Leadership Perspectives
Doug Rawson, who leads Superior, remarked on the company's dedication to excellence over nearly four decades. He praised Mesirow for its expertise and established relationships that were pivotal in securing a suitable partner. The synergy with Momentium promises to enhance service delivery and growth potential for both Superior and its employees.
Melanie Yermack, a key figure at Mesirow, expressed pride in advising Superior throughout this pivotal transition. She noted that this partnership allows for expansive service capabilities across the nation. The commitment to quality and customer service in this partnership is something she is excited to witness unfold.
Rick Weil, also from Mesirow, pointed out the stellar reputation that Superior Lithographics holds within the folding carton industry. He believes that becoming part of the Momentium platform will serve to further elevate their standards and offerings in the marketplace.
Significance of the Transaction
The successful sale of Superior Lithographics exemplifies Mesirow's prowess as an advisor in the packaging industry, having completed over 220 transactions in the past quarter-century. Their expertise, built on longstanding relationships and an understanding of industry nuances, has equipped Mesirow to deliver tailored solutions that meet the unique needs of their clients.
About Mesirow
Founded in 1937, Mesirow is an independent, employee-owned financial services firm based in Chicago. The firm's approach prioritizes personal and customized service to help clients achieve their financial goals, embodying a vision of social responsibility. Their extensive capabilities, spanning Private Capital, Capital Markets, Investment Banking, and Advisory Services, reinforce their commitment to investing in what matters most to their clients and communities.
Mesirow has been consistently recognized as one of the Best Places to Work in the region and ranks among Barron's Top 100 RIA firms, a testament to its enduring commitment to workplace excellence and client satisfaction.
About Superior Lithographics
Acclaimed for its extensive capabilities, Superior Lithographics delivers tailored packaging solutions that fulfill the specific needs of renowned brands in the food and beverage sector. Their headquarters in Los Angeles, California features state-of-the-art facilities where they manage every stage of production—from structural design to finishing—ensuring high quality throughout the process.
About Momentium and CORE Industrial Partners
Momentium stands out in the sector by providing comprehensive folding carton services, employing a consultative method to serve a diverse blue-chip clientele across various key markets. CORE Industrial Partners, on the other hand, is an industrial-focused private equity firm, investing in promising North American manufacturing and industrial service ventures. They bring a wealth of experience through a seasoned team of professionals.
Frequently Asked Questions
What does the transaction involve?
The transaction involves the sale of Superior Lithographics to Momentium, facilitated by Mesirow as the exclusive financial advisor.
Who are the key players in this transaction?
Rick Weil and Melanie Yermack from Mesirow led the transaction for Superior Lithographics, representing the firm’s expertise in the packaging sector.
What is Mesirow’s background?
Mesirow is a well-established financial services firm that has been providing customized financial solutions since 1937.
How long has Superior Lithographics been in business?
Superior Lithographics was founded in 1986 and has built a strong reputation in the packaging industry over the years.
What markets does Superior target?
Superior primarily focuses on resilient markets such as food, beverage, and consumer goods, providing high-quality packaging solutions tailored to these sectors.
