Mesirow Facilitates Color Craft Graphic Arts' Successful Acquisition by PaperWorks Industries

Mesirow Guides Color Craft Graphic Arts in Strategic Sale

In a significant move within the packaging sector, Mesirow Financial Holdings, Inc. played a crucial role as exclusive financial advisor to Color Craft Graphic Arts during its sale to PaperWorks Industries Inc. This acquisition positions Color Craft to not only leverage PaperWorks’ expansive network but also enhances its operational capabilities and market reach.

Founded in Manitowoc, Wisconsin, Color Craft has established itself as a premier full-service producer of folding cartons for diverse markets, including food, beverage, and household goods since 1929. The company’s long-standing reputation and commitment to quality made it an attractive acquisition target for PaperWorks, a leading North American producer of sustainable packaging solutions.

Gregg Weber, President and CEO of Color Craft, expressed enthusiasm about joining PaperWorks' team, which mirrors the company's values and boasts an esteemed industry reputation. He highlighted the opportunity for Color Craft's Manitowoc team to thrive within a larger network, stating, “This partnership will enable us to enhance our value proposition and service delivery for our customers.” Weber emphasized the significance of Mesirow’s expertise and strong industry relationships in identifying the right partner for the company’s future growth and sustainability.

Rick Weil and Melanie Yermack, both Managing Directors and Co-Heads of Packaging at Mesirow, underscored the importance of aligning the transaction with Color Craft’s cultural and strategic visions. They noted how this acquisition is a testament to Mesirow's proactive approach in the packaging industry, showcasing the firm’s extensive experience and its robust track record of successful transactions in this niche market.

With more than 220 completed packaging transactions in the last quarter-century, Mesirow has demonstrated its capability in guiding clients through critical mergers and acquisitions. The firm's dedication to fostering deep-rooted partnerships contributes to its reputation as a leader in the financial advisory realm for the packaging sector.

Mesirow aims to continue its momentum by supporting businesses navigating the complexities of the market landscape. Their personalized approach to client needs aligns with a broader commitment to creating value-driven outcomes that benefit companies and their stakeholders.

Color Craft Graphic Arts, under the PaperWorks umbrella, is expected to enhance its operational efficiency and broaden its product offerings, ultimately driving better service and innovations in packaging solutions for customers. As sustainability takes center stage, this acquisition also aligns with the growing demand for eco-friendly packaging, enabling Color Craft to strengthen its position in the industry.

As an independent, employee-owned financial services firm founded in 1937, Mesirow operates with a mission to serve its clients through tailored financial solutions while instilling a culture of responsibility and community engagement. The firm’s recognition as one of the best workplaces in Chicago reflects its commitment to fostering a positive work environment and empowering its team to achieve their professional goals.

The collaboration between Color Craft and PaperWorks marks a pivotal chapter for both companies, demonstrating the evolving dynamics of the packaging industry and the increasing significance of strategic partnerships. Bright prospects await as both entities move forward, unified in their goal of delivering optimal value and service excellence in the packaging domain.

For more information about Mesirow and its services, visit Mesirow's official site or check out Color Craft Graphic Arts at Color Craft's website.