M&As this week: Wellspring Capital Management, Platinum Equity, SupplyOne

9 February 2018 (Last Updated February 8th, 2018 10:47)

Private equity firm Wellspring Capital Management has acquired packaging solutions provider SupplyOne.

Private equity firm Wellspring Capital Management has acquired packaging solutions provider SupplyOne.

The acquirer company appointed Paul, Weiss, Rifkind, Wharton & Garrison as legal adviser for the transaction.

Both the companies involved in the acquisition are based in the US.

“The acquisition will support SupplyOne’s growth strategy.”

Platinum Equity LLC has acquired US-based labels and packaging solutions provider WS Packaging Group from J.W. Childs Associates.

Platinum Equity and J.W. Childs Associates are both private equity firms based in the US.

The acquirer company appointed Latham & Watkins as legal adviser for the transaction, while WS Packaging appointed McDermott Will & Emery as legal adviser and Barclays as financial adviser.

SupplyOne has acquired US-based shipping and packing materials distributor Omni Packaging.

Based in the US, the acquirer company is a customised packaging solutions provider.

The acquisition will support SupplyOne’s growth strategy.