Patriot Converting

Cherry Tree advises Patriot Converting

“The Cherry Tree team provided the advice and counsel we needed both before and during the sale process.  They were involved every step of the way and were instrumental in us being prepared for the demands which come with selling your company.  Their leadership and disciplined approach resulted in a great outcome for our family, employees and customers.”

Mike Stilwell, Owner
Patriot Converting, Inc.

 

Transaction Description

In May 2019, Bixey & Meyer Capital (“BMC”) announced they have successfully completed the acquisition of Patriot Converting, Inc., a provider of custom paper converting and logistical solutions for the paper packaging industry.
 

Cherry Tree’s Role

Cherry Tree was engaged by Patriot Converting, Inc. to advise the company on its strategic alternatives related to the sale of the company. Cherry Tree led the process that included introductions and discussions with numerous potential acquirers and financial partners, soliciting proposals, negotiating terms, supporting the due diligence process, and facilitating the closing of the transaction.
 
“The Cherry Tree team provided the advice and counsel we needed both before and during the sale process.  They were involved every step of the way and were instrumental in us being prepared for the demands which come with selling your company.  Their leadership and disciplined approach resulted in a great outcome for our family, employees and customers.” – – Mike Stilwell, Owner, Patriot Converting, Inc.
 

About Patriot Converting, Inc.

Based in Elk River, Minnesota, Patriot Converting, Inc. was founded in 2003 and is a provider of custom paper converting and logistical solutions for the paper packaging industry , serving customers across the Midwest. Patriot Converting has a second facility in Newton, IA. For more information, visit  Patriot Converting, Inc.
 

About Brixey & Meyer Capital

Based in Ohio, with offices in Dayton, Cincinnati and Columbus, Brixey & Meyer Capital is a lower middle market private investment firm focused on impact investing in the manufacturing, healthcare, distribution and business services sector.   For more information, visit  Brixey & Meyer Capital
 

About Cherry Tree & Associates

Cherry Tree & Associates is a private investment banking firm headquartered in Minneapolis, Minnesota. Founded in 1980, it specializes in M&A transactions for both buyers and sellers of middle market companies. Additionally, it conducts private placements for attractive, entrepreneurially managed growth companies, provides strategic advisory services to CEOs and boards of directors, and prepares fairness opinions and other valuation services. For more information, visit Cherry Tree & Associates

Cherry Tree & Associates (located in Minneapolis, MN) provides investment banking services through our FINRA-licensed broker dealer.