Mesirow Successfully Guides Canworks Through a Strategic Sale to Mason Wells
Mesirow's Expert Advisory Role in Canworks Acquisition by Mason Wells
Mesirow, a distinguished financial services firm, recently announced its role as the exclusive financial advisor to Canworks, Inc. in its successful sale to Mason Wells. This strategic acquisition highlights Mesirow's expertise in guiding companies within the packaging sector, especially those in high-growth markets.
Founded in 2020 by brothers Ryan and Marshall Thompson, Canworks specializes in digital printing solutions specifically tailored for the beverage industry. The company operates five state-of-the-art facilities across the United States, offering a wide range of services that cater to various beverage categories. These include energy drinks, wellness beverages, craft beers, cannabis-related products, and ready-to-drink cocktails. Canworks prides itself on providing fast turnaround times, operational agility, premium graphic design, and an environmentally responsible product range, helping beverage brands effectively differentiate themselves in a highly competitive environment.
Canworks' co-founders expressed their excitement about partnering with Mason Wells, noting that the acquisition is a significant milestone for their business. "We are incredibly proud of the team we've built and the growth we've achieved. Mesirow's guidance and in-depth expertise were essential in identifying Mason Wells as an ideal partner. We believe that their experience in scaling businesses at critical inflection points will help accelerate our mission," they stated, reflecting on their journey since inception.
Mesirow's Managing Directors, Rick Weil and Melanie Yermack, who oversee the company’s packaging advisor team, echoed this sentiment. They emphasized the privilege of collaborating with such dedicated entrepreneurs and highlighted Canworks' notable rise as a leader in the aluminum can decorating market. They pointed out that Mason Wells' resources and experience in the sector make them an excellent fit for Canworks, laying a solid foundation for future growth.
This acquisition marks another successful chapter for Mesirow, which has facilitated over 225 transactions within the packaging industry over the past 25 years. Their in-depth sector expertise and longstanding relationships within the industry empower them to execute highly customized and effective transactions.
About Mesirow
Mesirow, established in 1937 and headquartered in Chicago, is a leading independent financial services firm. It serves clients globally by offering personalized approaches to meet financial goals and promote social responsibility. Mesirow operates across various financial sectors, including private capital, investment banking, and advisory services, and is recognized as one of the Best Places to Work in Chicago by Crain's Chicago Business.
About Canworks
Canworks is a trailblazing digital printer that focuses on direct-to-aluminum-can solutions for beverage brands. With a comprehensive model that includes operational flexibility and premium design services, Canworks plays a significant role in the beverage industry's supply chain.
About Mason Wells
Mason Wells is a prominent Midwest-based private equity firm with an extensive track record of investing in consumer packaged goods, business services, and packaging materials. With a significant capital base, Mason Wells has established itself as a leader in supporting companies through their critical growth phases.
The sale of Canworks not only exemplifies Mesirow's capabilities but also underscores the ongoing growth and evolution within the packaging sector, driven by innovative companies like Canworks and robust partnerships with investment firms like Mason Wells.