BDO Capital Advisors Announces Recapitalization of Diamond Packaging Holdings, LLC
Boston, MA - March 21, 2013 - BDO Capital Advisors, LLC, as the exclusive financial advisor to the selling shareholder, is pleased to announce the recapitalization of Diamond Packaging Holdings, LLC. BDO Capital prepared marketing materials, identified and contacted a targeted group of potential buyers/investors and assisted the selling shareholder in determining the most optimal shareholder transition.
Diamond Packaging, based in Rochester, New York, is a leading privately held folding carton and contract manufacturing provider. Tracing its roots back to the Diamond Paper Box Company, founded in 1911, Diamond Packaging also includes Diamond Cartonmaster, founded in 1996, as well as Diamond Contract Manufacturing, which was founded in 1989 (collectively “Diamond” or the “Company”). Over the years, Diamond has grown from a local provider of commodity-type folding cartons to the premier global industry leader in developing innovative and sustainable packaging solutions for the cosmetics and personal care industries. Drawing on more than 100 years in the industry, Diamond has cultivated long-term relationships with leading Fortune 500 companies including Procter & Gamble, L’Oreal, Coty, Elizabeth Arden and Estée Lauder, who rely on the Company for their most important packaging needs.
BDO Capital Advisors was introduced to Diamond via BDO’s Alliance network. The transaction was overseen by Managing Director Valentina Midura, Director Kevin Sendlenski and Analyst Christopher Appaneal from BDO Capital Advisors’ Boston office.
ABOUT BDO CAPITAL ADVISORS, LLC
BDO Capital Advisors, LLC is a leading middle market investment bank that focuses on mergers and acquisitions advisory, capital raising, and board advisory with offices located throughout the United States. The firm has deep industry knowledge, extensive cross-border transaction experience, and superior execution capabilities. BDO Capital Advisors, LLC provides sell-side and acquisition advisory, ESOP advisory, private placements, fairness opinions, and capital markets advisory. The firm has broad industry expertise and contacts having closed transactions within the Manufacturing & Distribution, Consumer, Food & Retail, Healthcare & Life Sciences, Business Services, Energy & Natural Resources, and Technology, Media & Telecom sectors. Our seasoned investment bankers have collectively advised on hundreds of transactions for a variety of clients including family-owned businesses, entrepreneur-led companies, public corporations, and leading private equity firms.
The firm has worldwide access to buyers, sellers, and offshore investors via the Corporate Finance practices of BDO International’s network of independent member firms which have been ranked collectively as a Top 5 global M&A midmarket advisor based on total deal volume announced in 2016, according to Thomson Reuters SDC. BDO International Corporate Finance firms operate in approximately 60 countries with over 2,000 professionals who are able to meet the investment banking needs of clients across the globe.